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Technology & Market Business Analyst - Illinois Tool Works, Inc.
Glenview, IL
Posted: May 11, 2022 03:43

Job Description

Since its founding more than 100 years ago, ITW has become one of the world's leading diversified manufacturers of specialized industrial equipment, consumables, and related service businesses. We place a high premium on the development of innovative solutions-most of which are developed in tandem with our customers. And we continue to ensure that our customers receive timely, cost-effective service for the innovative products we provide.

ITW's differentiated business model is composed of a set of unique core capabilities: our proprietary 80/20 business process, customer-back innovation, and our well-known decentralized entrepreneurial culture. These capabilities are unmistakably ITW-and key to our longevity and strong performance.

ITW's products and solutions are at work all over the world, in deep-sea oil rigs, aerospace technology, bridges and wind turbines, healthcare, the spaces in which we live and work, the cars we drive, and the mobile devices we rely on. We are never, whether we know it or not, more than a few steps from an innovative ITW solution.

Today, ITW (NYSE: ITW) is a Fortune 200 company that employs nearly 43,000 people with operations in 55 countries with headquarters in Glenview, IL. Our campus includes a fitness center at no cost to the employees, cafeteria, outdoor volleyball courts, walking trails around the facility, employee resource groups, corporate discounts, dry cleaning services, covered/outdoor parking, and much more. We are just a block away from the nearest Metra station, and it is a quick 20-minute train ride to downtown Chicago, museums, lakefront, and other activities.

More details on our benefits can be found on our website at https://www.itw.com/careers/benefits-compensation/

The ITW Innovation Center is looking for a creative, highly motivated individual to scope, manage, and research projects involving markets and technologies of strategic interest to ITW. The position will combine key findings from market and technology research into actionable information that can guide ITW's strategic decisions (investment, new product/platform development, acquisition, etc.) The successful candidate will utilize independent judgment within general parameters to determine and apply appropriate methods.

KEY RESPONSIBILITIES

  • Works with business units to scope projects, collect strategic information, identify macro trends, analyze and segment markets and technologies, assess customer needs, and evaluate ITW growth opportunities.

  • Investigates market and technology trends, maturity, differentiation, and landscapes relevant to our business unit's growth initiative.

  • Create reports summarizing research efforts and presents to business stakeholders

  • Ensures the timely and efficient completion of multiple assignments to achieve overall business objectives.

  • Rapidly understand problems, evaluate ideas, recommend solutions, and work with business units to validate concepts.

REQUIREMENTS:

  • Bachelor's degree is required in a STEM major. An advanced degree in Engineering or an MBA is a plus

  • Minimum of 3 years of professional experience performing market/technology research

  • A results-oriented technical individual able to apply systematic processes, critical thinking, and sound judgment to complex issues

DESIRED EXPERIENCE AND TRAITS:

  • Experience in industrial, engineered products, or technical B2B setting

  • Experience with market analysis and segmentation

  • Demonstrated ability to communicate complex concepts in a clear, concise manner to all levels of the organization in both written and oral formats

  • Excellent verbal and written communication skills

  • Data-driven approach to problem-solving

  • Proven record of translating trends/needs into opportunities

  • Experience conducting primary research

  • Ability to quickly establish credibility

  • Ability to influence without direct authority

COMPETENCIES:

  • Business Acumen

  • Analytical Skills

  • Decision Making

  • Communication

  • Consulting/Consultative Approach

  • Reduces Complexity

  • Adaptability and Flexibility

Illinois Tool Works Inc. (-ITW- or -the Company-) is an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.

If you are a qualified individual with a disability and are unable or limited in your ability to use or access the online application system process due to your disability, please email corp_accessibility@itw.com to request assistance. No other requests will be acknowledged.

ITW is an equal opportunity employer. We value our colleagues' unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential.

As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship.

All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.

ITW is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.



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