Job Title: Division Vice President, Business Unit Manager
Mount Prospect, IL, US, 60056
The Vice President & Business Unit Manager (VP/BU Manager) for the Atlas business will be responsible for overall financial performance of the BU, leading and driving profitability over the business cycle. The qualified candidate will develop a strong leadership staff, provide tactical and strategic guidance and be responsible for developing and implementing the BU’s Strategic Plan with an emphasis on growth, continuous improvement, new product development, global and market expansion, acquisitions, and talent development.
- Developing the annual operating plan and meeting financial commitments, including meeting or exceeding revenue, profitability, and return-on-asset targets.
- Developing and executing a strong growth strategy including market expansion, new product development/launch and acquisitions. Provides the resources necessary to grow and/or takes the necessary actions to cut costs.
- Developing and leading a world-class operating culture and having a measurable impact on the success and growth of the overall organization. Provide strong process-driven leadership.
- Developing and articulating the annual strategic planning process along with the annual action plans that support the execution of this strategy.
- Driving efficiency and shortening response times by digitalizing workflows.
- Delivering operating performance improvements.
- Improving the product development/launch process by developing strong product road-maps, shortening the current development cycle and increasing the BU’s Vitality Index (new product sales as a percent of overall sales).
- Developing an acquisition strategy including studying and building a business case for new investment opportunities that will create competitive advantages.
- Analyzing market positioning of the various key players operating in the sector for the purpose of benchmarking and identifying future business opportunities.
- Developing talent and maximizing human capital including assessing the current leadership team making certain the right team is in place.
- Identifying those with potential, providing professional growth opportunities and building succession plans.
The VP/BU Manager must have:
- Minimum of 15 years of progressive management experience with a minimum of 5 years in a senior leadership role with full P&L responsibility with a complete complement of direct reports including finance, engineering, quality, manufacturing operations, marketing/sales and human resources.
- The ideal candidate will have managed a business with revenues of at least $100M with global multi-site experience highly preferred.
- A solid track record of success serving in multiple functional roles which could include engineering, operations, sales and/or marketing.
- Familiarity with the manufacturing of highly engineered products.
- Candidates must have proven strategic planning skills; conducted competitive analysis, developed marketing plans, pricing strategies, etc. Experience evaluating, modeling and integrating acquisitions would be a plus.
- Proven track record of driving operational excellence improvements (Lean, Six Sigma, Growth Kaizens, Continuous Improvement), as well as improving operating metrics (OTD, operating profit margin, reducing working capital. etc.)
- Hands-on involvement in customer relationships in applicable markets; the knowledge and confidence to interact with customers and speak articulately about the products.
- Strong financial acumen and experience working for a publicly traded or Private Equity owned company continuously pressured to lower costs while improving performance.
- Effective strategic leadership skills and executive attributes; the ability to foster, formulate and execute business strategies that deliver profitable growth.
- Strong analytical thinking, problem solving skills and communications skills (both written and oral) with attention to detail.
Nearest Major Market: Chicago