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Managing Director Business Development Jobs in Minnesota

We are seeking a strategic, commercially minded Director, Business Development to lead high-impact ... Exceptional negotiation, communication, executive presentation, stakeholder management, and cross ...

We are seeking a strategic, commercially minded Director, Business Development to lead high-impact ... Exceptional negotiation, communication, executive presentation, stakeholder management, and cross ...

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Managing Director Business Development information

What does a managing director business development do?

A Managing Director of Business Development is a senior executive responsible for driving a company's growth by identifying new business opportunities, forming strategic partnerships, and expanding the organization's market presence. They develop and execute growth strategies, oversee business development teams, and work closely with other executives to align business goals. Their role often involves negotiating major deals, managing key client relationships, and analyzing market trends to ensure the company's long-term success.

What are the key skills and qualifications needed to thrive as a managing director business development?

To thrive as a Managing Director Business Development, you need extensive experience in sales strategy, market analysis, and leadership, often backed by an advanced degree such as an MBA. Familiarity with CRM platforms, data analytics tools, and financial modeling systems is crucial for managing pipelines and assessing opportunities. Exceptional negotiation, relationship-building, and strategic thinking abilities distinguish top performers in this role. These skills are vital to drive sustainable growth, secure high-value partnerships, and guide successful business expansion.

How does a managing director business development typically balance strategic planning with day-to-day client engagement responsibilities?

A Managing Director of Business Development often needs to strike a balance between high-level strategic planning and hands-on client relationship management. While much of the role involves developing long-term growth strategies and identifying new market opportunities, it's equally important to maintain strong relationships with key clients and partners. This means that, in addition to attending executive meetings and guiding the business development team, you'll frequently interact with clients, negotiate deals, and address challenges as they arise. Success in this role relies on effective time management and the ability to delegate operational tasks, allowing you to focus on both big-picture initiatives and critical client-facing activities.

What is the difference between Managing Director Business Development vs Business Development Manager?

AspectManaging Director Business DevelopmentBusiness Development Manager
CredentialsTypically requires extensive experience, leadership skills, and industry-specific knowledgeUsually holds a bachelor’s degree; often an MBA is preferred
Work EnvironmentExecutive-level, strategic planning, high-level client interactionsOperational, focused on executing sales and partnership strategies
Employer & Industry UsageUsed in large corporations and industries with complex sales cyclesCommon in startups, mid-sized companies, and sales-focused organizations
Search & Comparison IntentUnderstanding senior roles in business development leadershipLooking for roles with similar responsibilities at different levels

The Managing Director Business Development is a senior leadership role focused on strategic growth and high-level partnerships, while the Business Development Manager handles day-to-day sales activities and client relations. Both roles require strong industry knowledge, but the Managing Director operates at a higher strategic level with broader responsibilities.

What cities in Minnesota are hiring for Managing Director Business Development jobs?

Cities in Minnesota with the most Managing Director Business Development job openings:

Director, Business Development

Eden Prairie, MN • On-site

Koch Industries
Oil and Gas Extraction • 10K+ employees

$180K - $230K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 27 days ago


Key responsibilities

  • Lead, coach, and develop a team of Business Development Managers to support talent development, engagement, and performance.

  • Establish and execute a business development strategy aligned with Molex's Optical Connectivity growth objectives.

  • Partner with cross-functional teams and support customer engagement strategies to drive pipeline growth and align market needs with product roadmaps.


Koch Industries rating

8.0

Company rating: 8.0 out of 10

Based on 53 frontline employees who took The Breakroom Quiz

137th of 547 rated manufacturers


Job description

Your Job
Molex is seeking a Director of Business Development to lead and grow our Business Development team within the Optical Connectivity Group. This role is responsible for setting strategy, developing talent, and driving sustainable growth across our optical connectivity portfolio.
As a senior people leader, you will coach and empower a team of Business Development Managers, foster a strong performance and culture mindset, and partner closely with Sales, Product Management, Engineering, and Marketing to create long-term value for Molex and our customers.
Location: This is a fully remote role with up to 50% travel.
What You Will Do
  • Lead, coach, and develop a team of individual contributor Business Development Managers, with a strong focus on talent development, engagement, and performance.
  • Establish and execute a business development strategy aligned with Molex's Optical Connectivity growth objectives.
  • Create a culture of accountability, collaboration, and continuous improvement rooted in Koch's Principle-Based Management™ philosophy.
  • Partner with Sales leadership to support customer engagement strategies and drive pipeline growth across key market segments.
  • Collaborate cross-functionally with Product Management, Engineering, and Marketing to align market needs with product roadmaps and go-to-market strategies.
  • Review market trends, customer insights, and competitive dynamics to inform strategic priorities and investment decisions.
  • Support key customer relationships and participate in executive-level customer engagements as needed.
  • Ensure consistent processes, metrics, and best practices across the Business Development organization.
  • Represent Molex at industry events, customer meetings, and internal leadership forums.

Who You Are (Basic Qualifications)
  • Bachelor's degree in business, engineering, marketing, or a related field
  • Demonstrated experience leading and developing high-performing business development or sales teams
  • Strong people leadership skills with a track record of building engaged, values-driven teams
  • Experience creating and executing growth strategies in a B2B environment
  • Ability to influence and collaborate effectively across global, cross-functional teams
  • Strong strategic thinking, communication, and decision-making skills
  • Willingness to travel up to 50% to support customers, team members, and business priorities

What Will Put You Ahead
  • Experience within optical connectivity, fiber optics, data communications, or related technologies.
  • Background in global or matrixed organizations.
  • Experience working closely with product management and engineering teams.
  • Familiarity with value-based selling and complex solution-oriented sales environments.

For this role, we anticipate paying $180,000 - $230,000 per year. This role is eligible for variable pay, issued as a monetary bonus or in another form.
At Koch companies, we are entrepreneurs. This means we openly challenge the status quo, find new ways to create value and get rewarded for our individual contributions. Any compensation range provided for a role is an estimate determined by available market data. The actual amount may be higher or lower than the range provided considering each candidate's knowledge, skills, abilities, and geographic location. If you have questions, please speak to your recruiter about the flexibility and detail of our compensation philosophy.
Hiring Philosophy
All Koch companies value diversity of thought, perspectives, aptitudes, experiences, and backgrounds. We are Military Ready and Second Chance employers. Learn more about our hiring philosophy here .
Who We Are
As a Koch company, Molex is a leading supplier of connectors and interconnect components, driving innovation in electronics and supporting industries from automotive to health care and consumer to data communications. The thousands of innovators who work for Molex have made us a global electronics leader. Our experienced people, groundbreaking products and leading-edge technologies help us deliver a wider array of solutions to more markets than ever before.
At Koch, employees are empowered to do what they do best to make life better. Learn how our business philosophy helps employees unleash their potential while creating value for themselves and the company.
Our Benefits
Our goal is for each employee, and their families, to live fulfilling and healthy lives. We provide essential resources and support to build and maintain physical, financial, and emotional strength - focusing on overall wellbeing so you can focus on what matters most. Our benefits plan includes - medical, dental, vision, flexible spending and health savings accounts, life insurance, ADD, disability, retirement, paid vacation/time off, educational assistance, and may also include infertility assistance, paid parental leave and adoption assistance. Specific eligibility criteria is set by the applicable Summary Plan Description, policy or guideline and benefits may vary by geographic region. If you have questions on what benefits apply to you, please speak to your recruiter.
Additionally, everyone has individual work and personal needs. We seek to enable the best work environment that helps you and the business work together to produce superior results.
Equal Opportunities
Equal Opportunity Employer, including disability and protected veteran status. Except where prohibited by state law, some offers of employment are conditioned upon successfully passing a drug test. This employer uses E-Verify. Please click here for additional information. (For Illinois E-Verify information click here , aquí , or tu ).
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