Director, Strategy & Business Development

3M

Confirmed live yesterday High trust

Quick summary

Work type
On-site
Location
Maplewood, MN
Salary
$287,281–$351,122 / yr
Posted
3 days ago
Freshness
Confirmed live yesterday

Market check

Salary context

Above market

How this pay compares to similar roles

Similar $236k
This role $319k
$171k most similar roles pay here $370k

This role pays more than 88% of similar roles. Most pay $195,000–$278,000 — the shaded band above. At the midpoint, this role pays about $319k versus about $236k for comparable roles.

Based on 240 similar postings.

Employer

About 3M

3M is a diversified technology and manufacturing conglomerate producing thousands of products across healthcare, safety, electronics, transportation, and consumer goods. Industry: Diversified Manufacturing

3M currently has 64 open roles on FindRole.

Listed pay typically runs $145,676–$178,049 across 54 roles with salary data.

Most-posted roles

View all roles at 3M

At a glance

TL;DR · Director, Strategy & Business Development

The Director, Strategy & Business Development joins the Consumer Business Group to drive a large-scale transformation into a top-tier consumer packaged goods organization. This role is responsible for shaping multi-year strategic roadmaps, leading high-priority transformation initiatives from problem framing through execution, and managing the annual operating planning and performance cadence. The individual will evaluate business development opportunities including acquisitions, licensing, and strategic partnerships while preparing executive-ready materials for senior leadership. Key responsibilities involve portfolio simplification, revenue growth management, and international go-to-market strategies. To succeed, candidates must possess expertise in hypothesis-driven analysis, P&L and business-case modeling, and cross-functional collaboration across finance, marketing, and supply chain functions. The role addresses the challenge of evolving a massive brand portfolio through deliberate organizational redesign, demand generation, and distribution channel optimization within the consumer products sector.

What you'll do

  • Develop a multi-year strategic roadmap including category, channel, and area strategies with specific revenue and margin implications.
  • Lead high-priority transformation initiatives from initial problem framing through execution and measured P&L impact.
  • Evaluate business development opportunities by screening acquisitions, licensing, divestitures, and strategic partnerships against corporate filters.
  • Manage the annual operating planning process, including KPI definition and long-range planning in coordination with Finance.
  • Create executive-ready materials and decision support for the leadership team, CEO, and Board of Directors.
  • Lead cross-functional project teams and external advisors to deliver on key business initiatives.

What we're looking for

  • Bachelor’s degree or higher.
  • Seven years of experience in CPG strategy, transformation, commercial, marketing roles, or strategy consulting for consumer and retail clients.
  • Five years of experience leading end-to-end strategy or transformation projects from problem framing through implementation.
  • Five years of experience building P&L, business-case, and scenario models using consumer, retail, pricing, promotion, or syndicated data.
  • Five years of experience influencing and partnering across a matrixed organization including Finance, Marketing, Supply Chain, R&D, and HR.
  • MBA or equivalent graduate degree (preferred).
  • Experience at a top-tier strategy consulting firm, leading CPG brand owner, or leading retailer (preferred).

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