Strategic Market Analyst

ITW•Glenview, IL

11d•$105,000 - $120,000•Onsite

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 developing 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 our innovative products. ITW’s differentiated business model comprises 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 $15.9 billion in 2024. 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, 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 seeking a creative, highly motivated individual to scope, manage, and execute market and technology research projects of strategic importance to ITW ‘s 80+ global divisions. The Strategic Market Analyst 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, building positive relationships at all levels of the organization and positioning themselves for future leadership roles in strategic marketing or innovation at ITW.

Requirements

A bachelor’s degree in Engineering, Business, Marketing, or similar is required.
3-5 years of experience in market research, strategy, or product management, identifying, analyzing, and triangulating various data sources (customer, secondary, government, trade group, expert interviews, etc.) to create compelling insights that directly influence strategic growth decisions.
Experience developing and executing research plans, project scopes, and risk management plans.
Ability to work onsite at the Glenview, IL corporate campus 5 days a week with flexibility in hours.
Willingness to travel up to 15%, both domestic and international, to support projects as needed.
Exposure and experience with cross-functional business stakeholders.

Nice To Haves

Masters, MBA, or similar advanced degrees are highly desirable.

Responsibilities

Translates divisional market knowledge gaps into clear, understandable research plans, project scopes, and targeted deliverables.
Prioritizes tasks that will generate the most impactful insights for rapid project execution.
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.
Operates effectively in a global environment when needed.
Maintains a disciplined and systematic research process.
Objectively assesses quality and alignment of secondary data sources to support project goals.
Quickly and decisively determines when secondary data is insufficient; works with senior staff and IC leadership to mitigate risk and deliver on project research plans.
Scopes and manages 3rd party research resources when required.
Develops meaningful business relationships with divisional teams to position for future strategic marketing and/or innovation leadership roles across the enterprise.