TE Connectivity Ltd., is a $13 billion global technology and manufacturing leader creating a safer, sustainable, productive, and connected future. For more than 75 years, our connectivity and sensor solutions, proven in the harshest environments, have enabled advancements in transportation, industrial applications, medical technology, energy, data communications, and the home. With 78,000 employees, including more than 7,000 engineers, working alongside customers in nearly 150 countries, TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and on LinkedIn, Facebook, WeChat and Twitter.
As one of the largest business units of TE Connectivity, TE Industrial is a leading global solutions provider with a broad portfolio of components and system solutions for clients in various industries. The growing demand for personalized products, a never-ending stream of new market requirements, the need for consistently high product quality, and an increasing interconnectedness make the use of highly advanced production systems a must. TE’s Industrial solutions provide the basis for this flexible production — by helping our customers to become more connected, addressing Smart Factory needs, connect and transmit vast amounts of data quickly, enable connectivity in harsh environments, increase productivity, meet localized manufacturing needs, and realize energy efficiency requirements. Industrial’s primary goals include enabling smarter automation, enabling smarter rail transportation, and empowering intelligent buildings.
TE is organized in 3 segments, Industrial Solutions, Communication Solutions, and Transportation Solutions. This role will help shape the strategy for Industrial Solutions Segment. This Segment serves multiple end-markets such Industrial Automation & Control, Connected Home, Intelligent Buildings, Energy, Aerospace, Defense, Marine Oil & Gas, and Medical Devices.
The Industrial Solutions Segment benefit from trends such as Electronification, Digitalization, IoT, Wireless/5G, Automation & Robotics, Minimally-invasive Medical procedures, Green & Decentralized Energy.
The primary mission of this role is to help craft strategies that harnesses these trends to deliver growth. The responsibilities of this role may be divided into three broad areas:
Value-creation strategy in the current areas of business
Support the growth process / management operating system to drive consistent execution of the growth and margin expansion objectives
Identify opportunities to improve business performance, including cost optimization, sales force re-allocation, and product portfolio modification
Create cost models for businesses and product lines to assess profitability
Conduct research and analysis for potential acquisitions, equity investments, joint-ventures, alliances, licensing relationships or divestiture opportunities
Facilitate development of annual strategic plans for the businesses
Adjacency growth strategy
Identify, track, and communicate key trends across industries, segments, and competitors that affect businesses in the short- and long-term
Identify growth opportunities:
Identify profit pool shifts and opportunities to capture new profit pools
Assess size, growth, and profitability of these profit pools
Identify organic and inorganic growth opportunities
Rate opportunities on multiple dimensions (e.g., size, profitability, headroom for growth, fit with current business)
Select the most attractive opportunities and acquisition targets
Evaluate potential structures for investments and divestments - equity investments, joint-ventures, alliances, licensing relationships
Contribute to due diligence of potential partners
Develop execution plans for capturing growth opportunities:
Assess competencies needed (e.g., sales force, R&D, and engineering)
Estimate timeline and investments
Help in inorganic execution
Assess potential targets for M&A
Help in due diligence
Communication and Coordination with rest of TE
Periodically pressure-test the Portfolio to identify potential portfolio moves (e.g., acquisitions, divestments), working with Corporate Strategy and Corporate M&A teams
Identify key competencies that the Industrial Segment needs to develop
Help the leadership prepare for key events, e.g., Strategy week, Board meetings
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Ideal candidate profile
Success in the role requires strong business acumen and strategic mindset, exceptional communication and presentation skills, ability to work seamlessly with leaders at multiple levels in the organization, and the skills and tenacity to achieve results without formal authority.
In addition, the successful candidate will have the following qualifications, experience and skills:
Bachelor’s degree in Business, Science or Engineering from a leading institution is required. MBA from a top graduate program highly preferred
6+ years of total work experience with at least 2 years in strategy consulting, investment banking, or strategy / business development role with a Fortune 500 high technology or diversified industrial company
Experience in leading strategic projects and delivering results in cross-departmental teams
Strong analytical, problem solving skills and drive for results
Solid understanding of and the ability to identify the key levers that create business value
Excellent oral and written communication skills; experience in making presentations and communicating ideas and plans to the most senior executives in the company and Board of Directors
Willingness to travel as needed
Must have fluency in English. Foreign language skills a plus (German or Mandarin a strong plus)
What TE Connectivity offers
We offer competitive total rewards compensation. Our commitment to our associates includes offering benefit programs that are comprehensive, competitive and will meet the needs of our associates.
Healthcare for associates and their families, including eligible domestic partners
Paid time off, including vacations and holidays
Life insurance and disability protection
Employee Stock Purchase Program
Retirement benefits (401k matching) and more…
Throughout our Global reach and various Business Units, we take a balanced approach to the benefits we provide. Many benefits are company-paid, while others are available through associate contribution. Specific benefit offerings can vary by location.
Values: Integrity, Accountability,Teamwork, Innovation