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Managing Director Jobs in Downers Grove, IL (NOW HIRING)

Managing Director Location: Chicago, Atlanta, Dallas, Minneapolis, Reports To: Executive Leadership FLSA Status: Exempt Role Overview A Managing Director is a business leader first. You are ...

Managing Director Value Driven Solutions (VDS) is looking for a Managing Director to join our interim executive bench, with this engagement deploying on-site at our PE-backed middle-market ...

Managing Director Value Driven Solutions (VDS) is looking for a Managing Director to join our interim executive bench, with this engagement deploying on-site at our PE-backed middle-market ...

Proven success managing $MM portfolios , complex negotiations, and multi-stakeholder contracting. * Strong AI/data fluency and ability to translate technical solutions into business impact.

Managing Director

Chicago, IL · On-site

$167K - $331K/yr

Proven success managing $MM portfolios , complex negotiations, and multi-stakeholder contracting. * Strong AI/data fluency and ability to translate technical solutions into business impact.

Managing Director

Chicago, IL · On-site +1

$167K - $331K/yr

Proven success managing $MM portfolios , complex negotiations, and multi-stakeholder contracting. * Strong AI/data fluency and ability to translate technical solutions into business impact.

About the Role We are seeking a Managing Director to join our Chicago HQ at Vestian. You will oversee large-scale business development initiatives, cultivate key client relationships, negotiate ...

Reporting to the Executive Director, as a member of the site's Executive Leadership Team, the Managing Director of Development (MDD) will lead a team of 5 development professionals to manage and ...

Managing Director, Product Management

Chicago, IL · On-site

$240K - $251.40K/yr

As a Managing Director/Partner in ourTechnology and Experiencepractice and Softwarediscipline,you will join a leadership team focused helping companies become digital in every part of their business ...

Reporting to the Executive Director, as a member of the site's Executive Leadership Team, the Managing Director of Development (MDD) will lead a team of 5 development professionals to manage and ...

The EPM GTM Managing Director is accountable for defining, leading, and executing Spaulding Ridge's Enterprise Performance Management (EPM) go-to-market strategy across Anaplan, OneStream, and Oracle ...

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Showing results 1-20

Managing Director information

See Downers Grove, IL salary details

$23.4K

$121.2K

$189.1K

How much do managing director jobs pay per year?

As of May 28, 2026, the average yearly pay for managing director in Downers Grove, IL is $121,240.00, according to ZipRecruiter salary data. Most workers in this role earn between $94,800.00 and $147,200.00 per year, depending on experience, location, and employer.

What Is a Managing Director?

A managing director is the most senior position at a business. You have the final say on all company actions and are ultimately responsible for all decisions made by the company. You are the liaison between a company’s upper management and the board. You make frequent reports to the chairperson and board. Unlike the CEO, you oversee the management and daily operations of the company; your duties include implementing new policies, protocols, or directives, paying close attention to how these decisions affect budgets and profitability. You are also the one who chooses and leads a board of directors.

What are the key skills and qualifications needed to thrive as a Managing Director, and why are they important?

To thrive as a Managing Director, you need exceptional leadership, strategic planning, and financial management skills, often supported by an advanced degree in business or a related field. Familiarity with enterprise resource planning (ERP) systems, financial analysis tools, and industry-specific software is typically required. Outstanding communication, decision-making, and stakeholder management skills help distinguish top performers in this role. These competencies are crucial for setting organizational direction, driving growth, and ensuring operational excellence.

What are some common challenges a Managing Director may face when leading a diverse executive team?

Managing Directors often oversee teams composed of leaders from various departments, each with their own priorities and perspectives. One common challenge is aligning these leaders towards shared organizational objectives while balancing individual department goals. Effective communication, conflict resolution, and strategic decision-making are essential for fostering collaboration and ensuring that all departments work cohesively. Additionally, Managing Directors must stay agile to adapt to market changes and lead the organization through periods of growth or transformation.

What are Managing Directors?

Managing Directors are senior executives responsible for overseeing the overall operations and performance of an organization or a major division within a company. They develop strategic plans, set business goals, and ensure that all departments work effectively to achieve these objectives. Managing Directors often report directly to the board of directors and represent the company in high-level meetings and negotiations. Their leadership is crucial for driving growth, profitability, and long-term success.

What do you do as a managing director?

A managing director is responsible for overseeing the overall operations and strategic direction of a company or division. They make high-level decisions, manage senior leadership, and ensure business goals are met, often requiring strong leadership, financial acumen, and industry knowledge. Their role involves setting policies, managing resources, and representing the organization to stakeholders.

What is the difference between Managing Director vs Chief Executive Officer?

AspectManaging DirectorChief Executive Officer
CredentialsTypically requires extensive industry experience, often with a background in business management or related fieldsUsually holds similar credentials, often with advanced degrees like an MBA or equivalent experience
Work EnvironmentOperates within the company's executive team, often focusing on daily operations and strategic implementationOversees the entire organization, setting strategic vision and representing the company externally
Employer & Industry UsageCommonly used in European and Asian companies; in some industries, the Managing Director is equivalent to a CEOWidely used globally, especially in North America, as the top executive role

The main difference lies in their scope and regional usage. A Managing Director often focuses on operational management within the company, especially in European contexts, while a CEO is generally the highest-ranking executive responsible for overall strategic direction worldwide.

What are popular job titles related to Managing Director jobs in Downers Grove, IL? For Managing Director jobs in Downers Grove, IL, the most frequently searched job titles are:
What job categories do people searching Managing Director jobs in Downers Grove, IL look for? The top searched job categories for Managing Director jobs in Downers Grove, IL are:
What cities near Downers Grove, IL are hiring for Managing Director jobs? Cities near Downers Grove, IL with the most Managing Director job openings:
Infographic showing various Managing Director job openings in Downers Grove, IL as of May 2026, with employment types broken down into 84% Full Time, 11% Part Time, 1% Temporary, 1% Contract, and 3% Nights. Highlights an 87% Physical, 2% Hybrid, and 11% Remote job distribution, with an average salary of $121,240 per year, or $58.3 per hour.
Managing Director

Managing Director

Inspire11

Chicago, IL • On-site

Other

Medical, Dental, Vision

This job post has expired today. Applications are no longer accepted.


Job description

Managing Director

Location: Chicago, Atlanta, Dallas, Minneapolis,
Reports To: Executive Leadership
FLSA Status: Exempt

Role Overview

A Managing Director is a business leader first. You are accountable for building and running a meaningful slice of the firm, usually a Service Line, portfolio of accounts, or a major capability area. You own growth, margin, delivery quality, and leadership culture. This role sits at the intersection of market, client, and talent. You set direction, create commercial momentum, ensure delivery excellence, and develop leaders who can scale the business beyond you.

Success in this role requires strong judgment, high standards, and the ability to operate across three time horizons at once: this quarter's results, next year's pipeline, and the multi-year build of capability and leadership depth.

What You Own

Growth and Commercial Performance

You are directly accountable for revenue growth and the underlying engine that produces it.

  • Own a revenue and margin target and deliver against it with disciplined forecasting
  • Build and maintain a healthy pipeline across existing clients and new logo pursuits
  • Lead complex pursuits-- qualification, deal strategy, pricing, staffing model, and close
  • Develop account expansion strategies that move relationships from project-based to partnership-based
  • Translate market signals into clear offerings, packaging, and positioning
  • Partner with Sales on territory strategy, win themes, and consistent pipeline hygiene
  • Drive a culture where business development is a normal leadership behavior, not a separate department

Client Outcomes and Executive Trust

You are expected to operate credibly with executives and maintain durable relationships.

  • Serve as executive sponsor for priority accounts, ensuring senior access and long-term health
  • Build C-suite relationships rooted in outcomes, not activity
  • Hold a high bar on delivery quality, clarity of scope, and measurable impact
  • Identify and correct risk early: scope creep, misaligned expectations, delivery drift, or team breakdown
  • Step in when needed to reset a client relationship, renegotiate scope, or re-staff for success
  • Ensure the firm consistently brings points of view, not just delivery capacity

Delivery Excellence at Scale

You are not running every project, but you are responsible for the system that makes projects succeed.

  • Establish delivery standards and enforce them consistently across engagements
  • Ensure engagements have clear goals, a sound plan, disciplined governance, and visible outcomes
  • Build repeatable models for staffing, estimation, and quality control
  • Drive strong engagement leadership habits: stakeholder management, transparency, and escalation
  • Oversee the health of the portfolio, not just individual engagements
  • Ensure delivery performance ties back to margin and client satisfaction, not just "getting it done"

People Leadership and Talent System Ownership

A Managing Director builds leaders and makes talent decisions with clarity.

  • Lead and develop senior leaders (Directors, Principals, Engagement Leads, Capability Leads)
  • Set expectations for leadership behaviors, coaching discipline, and performance management rigor
  • Own succession planning for key roles and critical accounts
  • Partner with HR and Recruiting on workforce planning tied to pipeline and capability strategy
  • Make decisive calls on performance, promotion readiness, and role fit
  • Ensure the talent system is fair, consistent, and tied to measurable impact
  • Build a culture of direct feedback, high standards, and follow-through

Service Line and Capability Strategy

You shape what the firm is known for, and you build the bench to deliver it.

  • Define strategic priorities for the Service Line or portfolio: where to play and how to win
  • Evolve offerings based on client demand, delivery learnings, and competitor movement
  • Build reusable assets: playbooks, accelerators, training paths, and delivery patterns
  • Invest in capability depth: expertise, thought leadership, and delivery quality at scale
  • Drive cross-Service Line collaboration to sell and deliver integrated work
  • Maintain a clear point of view on the market and communicate it internally and externally

Operational Discipline and Governance

You are accountable for predictable execution, not heroic recovery.

  • Own forecasting accuracy, staffing health, utilization balance, and margin management
  • Ensure strong operating cadence: pipeline reviews, account reviews, portfolio health checks
  • Identify constraints early: skill gaps, staffing shortages, capacity risk, underperforming accounts
  • Ensure compliance with internal policies and client requirements
  • Partner with Finance on pricing guardrails, margin targets, and performance reporting
  • Make tradeoffs explicitly and communicate them clearly to leadership

What Great Looks Like (Outcomes and Signals)

Business Outcomes

  • Consistent growth in revenue and gross margin for the owned portfolio
  • Increased share of wallet in strategic accounts
  • Higher ratio of repeatable work and multi-quarter engagements
  • Improved forecast reliability and reduced last-minute staffing chaos
  • Strong promotion pipeline and reduced leadership single points of failure

Client Outcomes

  • Executives proactively pull you into new opportunities
  • Clear, measurable impact and strong renewals or expansions
  • Fewer escalations because problems are caught early and corrected fast
  • Strong delivery reputation: the firm is trusted with harder work

People Outcomes

  • Senior leaders in your area consistently develop talent and manage performance
  • High retention among top performers
  • Clear accountability norms and fewer "gray zone" expectations
  • People understand what good looks like and how to get there

Key Interfaces

  • Executive leadership team
  • Sales and account leadership
  • Service Line and capability leaders
  • HR (performance, promotions, workforce planning)
  • Finance (forecasting, pricing, margin)
  • Marketing (thought leadership, positioning)
  • Client executive stakeholders

Required Experience and Capabilities

  • 12-15+ years in consulting, professional services, or equivalent leadership roles
  • Demonstrated ownership of revenue growth, margin, and forecasting
  • Track record of winning and expanding executive relationships
  • Experience leading senior leaders and scaling teams
  • Strong understanding of delivery economics: pricing, staffing mix, utilization, margin levers
  • High-confidence executive communication and presence
  • Ability to make clear calls with imperfect information

Leadership Expectations

This role requires more than being strong at delivery or sales. You are expected to set the tone.

  • Operate with clarity and accountability
  • Raise standards without creating chaos
  • Be direct, fair, and consistent in talent decisions
  • Build trust through follow-through and clean communication
  • Stay close enough to the work to know what is real, but high enough to scale it
  • Put the firm's long-term credibility above short-term convenience

Working Conditions

  • Travel based on client and business needs
  • Evening and weekend hours as needed, tied to client commitments, executive meetings, or key pursuits

Elevens, as we call ourselves here, are curiously smart, purposefully scrappy, and dedicated to the highest standard of quality. By being true to ourselves and others, we create a respectful environment that enhances collaboration, drives growth through high expectations, and ensures alignment with our core values. Inspire11 is more than a modern business and technology consulting firm; we're a revolution. We work differently - and it shows. Every move we make is tied to measurable value, and our success aligns with our clients' success. We partner to simplify the complex, solve sustainably, and stay ahead by continuously pushing our own thinking forward. Value creation isn't something we talk about - it's something we live, every day.  

At Inspire11, we're not just offering a job; we're providing a platform for you to transform the future. You'll feel right at home here if you think differently, build boldly, and lead with impact. We're a place where your unique perspective is valued, your boldness is celebrated, and your potential is unleashed. 

  • Growth Through Challenge: We hold ourselves to the highest standards of excellence and accountability. At Inspire11, we are committed to delivering exceptional results and empowering our employees to take ownership of their work and drive meaningful impact. You'll work alongside elite consultants who challenge you to expand your skills and think even more creatively. 
  • The Autonomy to do Your Best Work: Here, outcomes matter more than outputs. It's about the value we create. You'll have the autonomy to shape your work, drive decisions, and make an impact-not just for our clients but for your growth. You'll be challenged to think strategically, anticipate needs, and solve problems. Bold thinking, creative approaches, and challenging conventional wisdom are part of our DNA. Our clients rely on us to lead them into what's next. 
  • Diverse Perspectives Driving Innovative Solutions: We champion inclusivity and authenticity, knowing that diverse perspectives drive better solutions. You'll be encouraged to bring your whole self to work, knowing that's where true innovation happens. We also believe that doing great work should be fun. Our culture thrives on energy, camaraderie, and appreciating the unique contributions that make Inspire11 an amazing place. Our teams get energy from being the best they can be. 

Inspire11 is unable to sponsor employment visas at this time. Applicants must be legally authorized to work in the U.S. at the time of application and throughout the duration of employment. 

Inspire11's Privacy Policy: https://www.inspire11.com/privacy-policy/  

U.S. Compensation & Benefits  

Compensation at Inspire11 
Inspire11 follows Title VII of the Civil Rights Act of 1964, the Equal Pay Act of 1963, the Illinois Human Rights Act, the Illinois Equal Wage Act, and the Illinois Equal Pay Act of 2003. We believe that people performing the same role at the same level, with similar levels of ability or experience, should be similarly compensated. We also believe that the most critical factors driving compensation should be an Eleven's skill, experience, performance, responsibility, and effort. We may also consider an employee's length of service, relevant education, training, or certification, and the requirements of a specific job. We may also consider whether the cost of living or competition for talent in specific markets requires adjustments in compensation for employees in those markets. Our goal is to fairly compensate all our Elevens based on these factors within the Company's financial ability.   

Compensation may be increased or decreased at Inspire11's discretion based on an employee's performance reviews, market conditions, and the Company's financial performance. Inspire11 will always notify an employee in writing before any change is made to their compensation.  

The base salary range for this position is $150,000 to $300,000.

Managing Directors are eligible for performance-based bonus compensation. Bonus opportunity is tied to Service Line revenue performance, portfolio margin, and overall firm results. Total compensation is designed to reward sustained business growth, strong client outcomes, and effective leadership.

Bonuses 
We may allow employees in Sales, Recruiting, or Leadership to earn periodic bonuses based on sales, revenue, client-specific or practice-specific targets. These targets are communicated to each eligible employee via offer letter or annual update. All such target-based bonuses are calculated based on the Company and an individual's periodic performance and will only be awarded if: (a) the employee is meeting performance expectations and is an employee in good standing of the Company; (b) the target is met; and (c) the Company's current financial performance and market conditions permit the bonus to be paid out. All periodic bonuses are discretionary and are earned only when paid out.   

Each year, the Company will decide whether the Company's financial performance, market performance, and business realities allow it to create an annual bonus pool. If the Company decides to award annual bonuses, the Leadership Team will grant them to employees in good standing based on the same factors discussed in the previous paragraph, while also considering employees' diligence, performance, expertise, skill, judgment, and experience. To be eligible to participate in this annual bonus pool, an employee must be hired by no later than October 1st of the preceding year. Annual bonuses and merit increases may be prorated based on hire date. Employees eligible for target-based periodic bonuses are not eligible to participate in the annual bonus pool.   

Options or Other Equity in Inspire11 
Inspire11 has a legacy program that allowed certain high-performing employees to purchase shares of the Company through an affiliate. The Company also has a newer program that grants options annually to high-performing employees based on their performance reviews, their managers' recommendations, and leadership approval. These options have a vesting period associated with them.  

Benefits 
Full-time employees are eligible for the following contributory benefits, where premiums are partially paid by the Company and partially by the employee:   

  • Medical insurance plans, 
  • Dental insurance plans, and  
  • Vision insurance plans.  

Full-time employees are ...