We are the global test and automation specialists, powering next-generation technologies through sophisticated solutions. Behind every electronic device you use, Teradyne's test technology ensures your device works right the first time, every time! Our portfolio of automation solutions help manufacturers to develop and deliver products quickly, efficiently and cost-effectively. Together, Teradyne (http://www.teradyne.com/) companies deliver manufacturing automation across industries and applications around the world! We attract, develop, and retain a high-performance workforce, comprised of people with diverse backgrounds and a shared drive for excellence. We strive to foster a positive and inclusive work environment that helps employees, and communities, thrive. Our Purpose TERADYNE, where experience meets innovation and driving excellence in every connection. We are fueled by creativity and diversity of thought and in our workforce. Our employees are supported to innovate and learn something new every day. We cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team – one that makes better decisions, drives innovation and delivers better business results. Opportunity Overview The Strategic Business Development Manager will play a key role in identifying, developing, and nurturing new business opportunities to drive the company’s growth. This individual will collaborate closely with senior leadership, sales, and marketing teams to develop and execute strategies that expand our market presence, improve revenue streams, and enhance overall business performance. + Market Research & Analysis: Conduct in-depth research on industry trends, competitor activity, and potential new markets. Analyze customer needs, preferences, and buying behaviors to identify growth opportunities. + Strategic Planning: Develop and implement long-term business development strategies in line with the company's objectives. Focus on both new business opportunities and expanding existing accounts. + Partnership Development: Establish and maintain relationships with key partners, stakeholders, and clients. Negotiate and close deals with potential partners and customers. + Cross-Functional Collaboration: Work closely with marketing, product development, and operations teams to ensure seamless execution of business development initiatives. + Contract Negotiation: Lead contract negotiations and ensure that agreements align with the company’s strategic goals. + Performance Metrics & Reporting: Develop key performance indicators (KPIs) to measure the success of business development efforts. Provide regular updates to senior management on progress and achievements. All About You We seek individuals who share our passion and determination. Our commitment to customer success drives us to go the extra mile. If you’re ready to join us in this mission, take a closer look at the minimum criteria for the position. + Bachelor's degree in Business, Marketing, or related field (MBA preferred) + 20+ years of experience in business development, sales, or strategic planning, with a proven track record of driving growth and developing business partnerships + Strong analytical skills and experience in market research and competitive analysis + Excellent negotiation, communication, and interpersonal skills + Ability to think strategically and execute tactically Benefits: Teradyne offers a variety of robust health and well-being benefit programs, including medical, dental, vision, Flexible Spending Accounts, retirement savings plans, life and disability insurance, paid vacation & holidays, tuition assistance programs, and more. Please click here (https://www.teradyne.com/2025-open-enrollment/) to see details. Current openings may involve access to export controlled technology and may be subject to export licensing requirements prior to employment. ATTENTION APPLICANTS WITH DISABILITIES: If you’re unable to access our on-line application due to a disability you may visit one of our locations or our Corporate Office at 600 Riverpark Drive, North Reading, MA and request a paper application form. In addition, you may also contact the HR Service Center at 978-370-3041 or contact them at HR.Service.Center@teradyne.com for additional assistance. LitePoint, a Teradyne Company is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, age, disability status, protected veteran status, or any other characteristic protected by law. We are a VEVRAA Federal Contractor.