About The Position

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. ITW (NYSE: ITW) is a Fortune 300 global multi-industry manufacturing leader with revenue of $16.0 billion in 2025 and employs ~44,000 people operating in 51 countries . Our headquarters are in Glenview, IL. include a fitness center at no cost to the employees, a cafe, 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, allowing for an accessible commute to downtown Chicago. More details on our benefits can be found on our website at https://www.itw.com/careers/benefits-compensation/ Internship Program Overview ITW’s internship program provides unparalleled access to challenging opportunities in high-growth, dynamic industries. Interns are encouraged to think and act like entrepreneurs and are provided with significant responsibility and autonomy to take ownership of projects and complete assigned tasks. As an intern, you will gain substantial personal learning and career development opportunities through ownership of real-world job assignments, strong coaching and mentorship, and networking with senior leaders across the Enterprise. ITW’s “80/20” front-to-back business model along with our entrepreneurial culture will provide you with the opportunity to work in an organization that is committed to innovation and creativity. Our program gives interns the chance to collaborate with their teams and participate in exciting, enterprise-wide projects. Some of our intern engagement highlights include intern kickoff events, professional workshops, lunch & learns, volunteering during Day of Action, networking, and more. Position Summary The ITW Innovation Center is seeking a creative, highly motivated individual to support market and technology research projects of strategic importance to ITW ‘s 80+ global divisions. The Strategic Market Analyst Graduate Intern will combine key findings from market and technology research into actionable insights that guide ITW’s strategic decisions (investment, new product/platform development, acquisition, etc.). The ideal candidate will also demonstrate strong interpersonal and communication skills, and a desire to build positive relationships across ITW.

Requirements

  • Currently pursuing an MBA, master’s degree, or similar advanced degree in Business, Management, Market Research, Marketing, Strategy, etc...
  • Bachelor’s degree required in Business, Marketing, Engineering, or similar.
  • Ideally 3-5 years of prior experience in market research, strategy, or product management, identifying, analyzing, and triangulating various data sources (customer, secondary, government, trade group, expert interviews, …) to create compelling insights which directly influence strategic growth decisions.
  • Demonstrated ability to interact with and present to cross-functional business stakeholders.
  • Methodical and Analytical - Understands and trusts the process. Able to use appropriate analytical techniques to support conclusions and prioritizes insights & opportunities.
  • Storytelling - Clearly explains project insights and implications succinctly to the business. Uses simple, easy to understand communication approach to distill complex concepts to a wide audience ranging from individual contributors to executive leadership.
  • Curiosity and Intellectual Versatility - Ability to ask questions and be genuinely interested in projects. Seeks knowledge outside of direct domain and connects seemingly unrelated dots to solve problems.
  • Thrives in Ambiguity - Comfortable tackling projects without a predetermined outcome. Open to new ideas and capable of navigating unstructured situations.
  • Business Acumen – Keeps business goals top of mind during research activities. Connects project insights to business impact, fueling tangible action.
  • Collaborative - Seeks out the right people (internally and externally) that can help provide critical insights.

Responsibilities

  • Identifies, validates, and synthesizes secondary market data on end-users, industries, competitors, and new markets to dive deep into the target growth opportunities, identifying: addressable market size & growth, major pain points, future needs & trends, information gaps, and understanding of the competitive landscape.
  • Creates deliverables in both written and oral formats to communicate complex concepts, data, and analysis in a clear and concise manner.
  • Drives conclusions which position the business for growth.
  • Executes research projects in a broad range of B2B, B2B2C, and B2C end-markets & product categories across ITW’s seven business segments.
  • Maintains a disciplined and systematic research process.
  • Objectively assesses quality and alignment of secondary data sources to support project goals.
  • Develops meaningful business relationships with divisional teams to position for future strategic marketing and/or innovation roles across the enterprise.

Benefits

  • fitness center at no cost to the employees
  • cafe
  • outdoor volleyball courts
  • walking trails around the facility
  • employee resource groups
  • corporate discounts
  • dry cleaning services
  • covered/outdoor parking
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