Business Development & Strategy Intern

Crane Company

Applications Closed

Posted 4 months ago

Internship

The Woodlands, Texas

In Person

Smart Summary

The intern will evaluate new end markets and technologies through market research and assist in developing growth strategies. They will conduct market assessments and support the annual strategic planning process.

This internship requires an MBA degree from a reputable institution, with a technical undergraduate degree (engineering or similar) and at least 2 years of work experience in engineering being desirable. The candidate should be highly organized, detail-oriented, and possess strong interpersonal, communication, presentation, and analytical skills, along with proficiency in MS Office.

Must Have Skills for ATS

Market Research

Analytical Skills

Communication Skills

Presentation Skills

Interpersonal Skills

Organizational Skills

Self-Starter

Detail Oriented

Business Development

Strategy Development

Growth Strategy

Competitive Analysis

Technical Knowledge

MBA

Engineering Background

Microsoft Office

Job Description

About CRANE

Crane Co. is a publicly listed, diversified manufacturer of highly engineered industrial products. Founded in 1855, Crane provides products and solutions to customers in the aerospace, electronics, hydrocarbon processing, petrochemical, chemical, power generation, automated merchandising, transportation and other markets. The Company has two main business segments: Aerospace & Electronics and Fluid Handling. Crane has significant footprint in North America, Europe, Asia and Australia. Crane Co. is traded on the New York Stock Exchange (NYSE:CR) www.craneco.com

About CRANE ChemPharma & Energy

CRANE ChemPharma & Energy (within Crane's Fluid Handling segment) designs and manufactures a variety of high performance products including: highly engineered check valves, sleeved plug valves, lined valves, process ball valves, high performance butterfly valves, bellows sealed globe valves, aseptic and industrial diaphragm valves, multi/quarter-turn valves, actuation, sight glasses, lined pipe, fittings and hoses, and air operated diaphragm and peristaltic pumps.

Among the industries served are the chemical processing, space launch, biotechnology, pharmaceutical, oil & gas, refining, and power generation.

Its trusted brands (in alphabetical order) ALOYCO®, CENTER LINE®, COMPAC-NOZ®, CRANE®, DEPA®, DUO-CHEK®, ELRO®, FLOWSEAL®, JENKINS®, KROMBACH®, NOZ-CHEK®, PACIFIC VALVES®, RESISTOFLEX®, REVO®, SAUNDERS®, STOCKHAM®, TRIANGLE®, UNI-CHEK®, VALVES®, WTA®, and XOMOX® offer customers complete and innovative product portfolio designed for the most demanding corrosive, erosive, and high purity applications.

Position Summary:

  • Evaluate a new end market and/or technology through market research and help develop Inorganic and/or Organic growth strategy to penetrate these markets.

  • Support research and analysis required to support the annual strategic planning process

Principle Duties: (includes, but is not limited to):

  • Identify End Markets linked to long term mega trends with high growth and differentiation potential, aligned to Crane CPE vision.

  • Segment the market and research products, technologies, market size, growth rate, profitability for the selected End market and the segments.

  • Conduct market research, both primary and secondary, to assess competitive landscape, positioning.

  • Utilize Crane Business development process to develop a detailed space assessment based on attractiveness and extendibility of the space and develop a funnel for potential acquisition targets.

  • For organic growth initiatives leverage market assessments frameworks and tools to support strategy development.

Essential Qualifications / Experience:

  • MBA degree from a reputable institution

Desirable Qualifications / Experience:

  • Technical undergraduate degree (engineering or similar) and at least 2 years of work experience in engineering before starting MBA.

  • Highly organized, self-starter and detail oriented

  • Strong interpersonal and communication skills to effectively build key relationships

  • Good presentation skills

  • Good analytical skills

  • High energy level combined with a passion for the business

  • Proficiency in MS Office, specifically Power Point and Excel

This description has been designed to indicate the general nature and level of work being performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

Crane Company. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, gender, sexual orientation, general identity, national origin, disability or veteran status.

Crane Company

We offer a range of products for the storage, distribution, and transfer of cryogenic fluids because WE KNOW CRYO®. About Crane ChemPharma & Energy (Crane CP&E) Crane ChemPharma and Energy (within Crane’s Process Flow Technologies segment) designs and manufactures a variety of high-performance products, including valves, pipes, actuation and fittings to name a few. Their trusted brands ALOYCO®, BAUM®, CENTER LINE®, COMPAC-NOZ®, CRANE®, DEPA® & ELRO®, DOPAK®, DUO-CHEK®, FLOWSEAL®, GYROLOK®, GO REGULATOR®, HOKE®, JENKINS®, KROMBACH®, NOZ-CHEK®, PACIFIC VALVES®, RESISTOFLEX®, REVO®, SAUNDERS®, STOCKHAM®, TEXAS SAMPLING®, TRIANGLE®, UNI-CHEK®, VALVES®, WESTLOCK CONTROLS®, WTA®, and XOMOX® offer customers a complete and innovative portfolio, designed for the most demanding applications chemical processing, biotechnology, pharmaceutical, oil and gas, refining and power generation. For more information please visit: www.cranecpe.com, www.craneco.com About Crane Company Crane Company has delivered innovation and technology-led solutions to its customers since its founding in 1855. Today, Crane is a leading manufacturer of highly engineered components for challenging, mission-critical applications focused on the aerospace, defense, space and process flow industry end markets. The Company is comprised of two strategic growth platforms, Aerospace & Electronics and Process Flow Technologies, as well as the Engineered Materials segment. Crane has approximately 7,000 employees in the Americas, Europe, the Middle East, Asia and Australia. For more information, visit www.craneco.com.

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