What are the responsibilities and job description for the Analyst, Strategic Business Development position at The Home Depot?
Req179257
Position Purpose
The Home Depot ("THD") is redefining the future of retail. As the 4th largest retailer and 7th largest ecommerce retailer in the US, we have been named one of the world's most innovative companies and are on a mission to meld our 2,200 stores, 400k associates, dozens of unique services, and award-winning website to enable "doers" of all types, whatever the job is at hand. The Strategic Business Development ("SBD") team helps lead the charge, working with business partners to both develop and execute THD's corporate strategy.
SBD starts the process by leading THD's annual strategic planning efforts to identify the most critical focus areas for the next 1-3 years and, based on those focus areas, works with business leaders to determine the optimal mix of tactics to advance that strategy. With the strategy defined, SBD heavily supports key organic growth initiatives (via research, planning, and implementation) and oversees all aspects of inorganic growth (i.e., partnership development, corporate venture capital investments, mergers, and acquisitions). As part of SBD, team members will deepen their knowledge of retail generally and home improvement specifically, investigate emerging technologies influencing retail, and explore various retail functional strategies (i.e., customer in-store and online experience, merchandising, pricing, delivery, marketing, etc.).
The Analyst role is a key member of the SBD team. Working with SBD leadership, the Analyst is heavily involved with research, financial modeling and valuation, materials creation, and project management workstreams that are critical to defining and executing THD's strategy. Within this role, the Analyst receives exposure to the whole THD business and has the opportunity to effect change from within one of the world's leading retailers.
Key Responsibilities
40% Corporate Strategy Formulation:
Position Purpose
The Home Depot ("THD") is redefining the future of retail. As the 4th largest retailer and 7th largest ecommerce retailer in the US, we have been named one of the world's most innovative companies and are on a mission to meld our 2,200 stores, 400k associates, dozens of unique services, and award-winning website to enable "doers" of all types, whatever the job is at hand. The Strategic Business Development ("SBD") team helps lead the charge, working with business partners to both develop and execute THD's corporate strategy.
SBD starts the process by leading THD's annual strategic planning efforts to identify the most critical focus areas for the next 1-3 years and, based on those focus areas, works with business leaders to determine the optimal mix of tactics to advance that strategy. With the strategy defined, SBD heavily supports key organic growth initiatives (via research, planning, and implementation) and oversees all aspects of inorganic growth (i.e., partnership development, corporate venture capital investments, mergers, and acquisitions). As part of SBD, team members will deepen their knowledge of retail generally and home improvement specifically, investigate emerging technologies influencing retail, and explore various retail functional strategies (i.e., customer in-store and online experience, merchandising, pricing, delivery, marketing, etc.).
The Analyst role is a key member of the SBD team. Working with SBD leadership, the Analyst is heavily involved with research, financial modeling and valuation, materials creation, and project management workstreams that are critical to defining and executing THD's strategy. Within this role, the Analyst receives exposure to the whole THD business and has the opportunity to effect change from within one of the world's leading retailers.
Key Responsibilities
40% Corporate Strategy Formulation:
- Conduct specialized research, interviews, and analysis to evaluate market landscapes, competitors, and current business strategies
- Support the annual enterprise strategic planning process
- Support cross-functional project teams to manage and execute high-value initiatives
- Support special projects and requests for the board of directors, C-suite, and executive and senior leadership teams
- Target, evaluate, and maintain a pipeline of M&A / partnership/minority investment opportunities
- Perform financial analysis, valuation, and process management to enable deal execution
- Execute post-merger integration efforts with acquired businesses
- Reports to a Director
- Typically requires overnight travel less than 10% of the time.
- Most of the time is spent sitting in a comfortable position and there is frequent opportunity to move about. On rare occasions, there may be a need to move or lift light articles.
- Located in a comfortable indoor area. Any unpleasant conditions would be infrequent and not objectionable.
- Must be eighteen years of age or older.
- Must be legally permitted to work in the United States.
- 1 to 2 years of prior experience in investment banking, private equity, corporate development, corporate strategy, or strategy consulting
- Experience in the application of research findings to the retail environment
- History of promotion/advancement ahead of the status quo
- The knowledge, skills and abilities typically acquired through the completion of a bachelor's degree program or equivalent degree in a field of study related to the job.
- No additional education
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- No additional years of experience
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