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Position Purpose:The Home Depot ("THD") is redefining the future of retail. As the 4th largest retailer and 7th largest ecommerce retailer in the US, we have been named one of the world's most innovative companies and are on a mission to meld our 2,200+ stores, 400k+ associates, dozens of unique services, and award-winning website to enable "doers" of all types, whatever the job is at hand. The Strategic Business Development ("SBD") team helps lead the charge, working with business partners to both develop and execute THD's corporate strategy.SBD starts the process by leading THD's annual strategic planning efforts to identify the most critical focus areas for the next 1-3 years and, based on those focus areas, works with business leaders to determine the optimal mix of tactics to advance that strategy. With the strategy defined, SBD heavily supports key organic growth initiatives (via research, planning and implementation) and oversees all aspects of inorganic growth (i.e., partnership development, corporate investment, mergers and acquisitions). As part of SBD, team members will deepen their knowledge of retail generally and home improvement specifically, investigate emerging technologies influencing retail, and explore various retail functional strategies (i.e., customer in-store and online experience, merchandising, pricing, delivery, marketing, etc.).The Sr. Manager role is a key leader of the SBD team. Working alongside SBD senior leadership, the Sr. Manager designs and helps execute initiatives that enable THD to define and implement its overall strategy. In project teams, the Sr. Manager regularly experiences opportunities to lead and manage Analysts / Sr. Analysts within SBD. In this role, the Sr. Manager receives significant exposure to the whole THD business and has the opportunity to cultivate trusted working relationships with senior business partners while affecting change from within one of the world's leading retailers.Key Responsibilities:
40% Corporate Strategy Formulation: Design and conduct specialized research, interviews, and analysis to evaluate market landscapes, competitors, and current business strategies. Oversee annual enterprise strategic planning process
40% Organic Initiative Execution: Lead and support cross-functional project teams to manage and execute high-value initiatives. Lead and support special projects and requests for the board of directors, c-suite, and executive and senior leadership teams
20% Inorganic Growth: Target, evaluate, and maintain a pipeline of M&A / partnership / minority investment opportunities. Develop and manage external corporate relationships. Perform financial analysis, valuation, and process management to enable deal execution. Execute post-merger integration efforts with acquired businesses
Direct Manager/Direct Reports:
Reports to a Director.
This role has 0-2 direct reports.
Travel Requirements:
Typically requires overnight travel 5% to 20% of the time.
Physical Requirements:
Most of the time is spent sitting in a comfortable position and there is frequent opportunity to move about. On rare occasions there may be a need to move or lift light articles.
Working Conditions:
Located in a comfortable indoor area. Any unpleasant conditions would be infrequent and not objectionable.
Minimum Qualifications:
Must be eighteen years of age or older.
Must be legally permitted to work in the United States.
Preferred Qualifications:
8+ years of prior experience in strategy consulting, investment banking, private equity, corporate strategy, or corporate development
Experience in the application of research findings to the retail environment
History of promotion / advancement ahead of status quo
Advanced degree preferred; MBA preferred
Minimum Education:
The knowledge, skills and abilities typically acquired through the completion of a master's degree program or equivalent degree in a field of study related to the job.
Preferred Education:
No additional education
Minimum Years of Work Experience:
7
Preferred Years of Work Experience:
No additional years of experience
Minimum Leadership Experience:
None
Preferred Leadership Experience:
None
Certifications:
None
Competencies:
None
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.Apply End Date: 08/22/2024