Trane Technologies

Director of Strategy

Trane Technologies$168K — $256K *
Business Services
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in engineering or business; MBA preferred
  • 7+ years of leadership experience in strategy, business development, or marketing
  • Experience leading strategy formulation processes
  • Familiarity with manufacturing or retail systems focusing on LEAN principles
  • Knowledge of HVAC distribution networks is a plus

Responsibilities

  • Lead strategic programs and continuous improvement teams
  • Mentor and develop a high-performing strategy team
  • Align priorities with key stakeholders across the business
  • Oversee the strategic planning process combining external insights with internal capabilities
  • Implement key strategic initiatives for profitable growth
  • Develop metrics to evaluate performance against strategic goals
  • Analyze market trends and customer needs for strategic decision-making

Benefits

  • Health insurance and wellness programs effective from day one
  • Family building benefits including fertility support and adoption assistance
  • Generous paid time off including vacation, holidays, and sick leave
  • 401K match, educational opportunities, tuition assistance, and student debt support
  • Flexible work arrangement with onsite and remote options
Full Job Description
Where is the work:
Monday to Thursday, work onsite with your colleagues. Fridays, choose your work location, balancing what your work requires.

The Director of Strategy will lead the creation and execution of the Supply business strategy, influence and create the strategy process and key critical strategic initiatives for the Trane Technologies Supply business. Reporting to the President of Supply, this position will lead strategic alignment across the business in defining and executing key growth opportunities, leverage and establish processes and tools that enable a consistent culture of strategic foresight, customer excellence, and continuous improvement.

In addition to strategy process leadership, this role will partner with cross-functional teams in executing and refreshing the strategic plans. The successful candidate will build and own a pipeline and process for developing and managing relationships as well as defining proactive opportunities to accelerate our strategies.

Principal Responsibilities
Team Leadership
  • Lead the strategic programs and various continuous improvement teams as they partner cross functionally across the business to execute and enable the strategic plans.
  • Lead, mentor, and develop a high-performing strategy team, fostering a culture of accountability, collaboration, and continuous learning.
  • Provide coaching and professional development opportunities to team members, helping them to build skills in strategic planning, analytics, and business management.


Strategic Leadership & Planning
  • Collaborate with key stakeholders across the business to align priorities.
  • Lead and implement overall strategic planning process for the Supply business, bringing together external awareness with internal strengths and business vision to build short and long-term strategies for the business.
  • Partner with senior leadership team on the Supply Business A3 (a methodology for driving continuous improvement), ensuring the application of Lean principles and A3 problem-solving techniques across the business.
  • Lead key critical strategic initiatives that drive profitable growth for the business collaborating closely with teams across the organization to ensure effective execution of strategy and growth initiatives.
  • Develop and manage standard work for strategy process and strategic initiatives with clear metrics and deliverables.
  • Develop and monitor key performance metrics (KPIs) to evaluate the performance of sales, marketing, and operations against strategic goals.
  • Responsible for socializing the strategic plan and driving clear metrics around how we are advancing business proactively.
  • Collect and analyze data on business development opportunities including segment overview, market dynamics, competitive assessment, etc.
  • Analyze market trends, customer needs, and competitive landscape to drive strategic decision-making and identify new business opportunities.


Growth Projects & Initiatives
  • Lead and oversee key growth projects and initiatives to expand the business, focusing on sustainable growth, market expansion, product development, competitive advantage, and service innovations.
  • Collaborate with product management, marketing, and operations teams to ensure alignment of growth initiatives with customer needs and market demands.


Candidate Profile/Qualifications
  • Bachelors degree in engineering or a business discipline. MBA preferred
  • At least 7 years of leadership experience in strategy and business development, sales, or product management/marketing.
  • Prior experience leading and facilitating strategy formulation processes and tools.
  • Knowledge and experience working within a manufacturing or retail-based business operating systems with emphasis on LEAN tools and principles.
  • Knowledge of the HVAC distribution and sales network, and internal operations, is a plus


Key Competencies
  • Highly motivated with well-developed interpersonal, negotiation and communication skills
  • Good interpersonal, analytical, and problem-solving skills.
  • Strategic leadership and vision -- create and inspire integration of distributor, dealer, brand, and consumer needs
  • Ability to operate as a change agent; teach/educate stakeholders, build consensus, and drive the business growth
  • Ability to be persistent in follow-up to meet process deadlines
  • Proven ability to drive change and work in a lean environment
  • Experience working with cross-functional teams including, but not limited to, product management, IT, sales, finance, customer service, legal, and marketing
  • Manage projects and track results
  • Ability to manage multiple tasks and projects all working at once
  • Product knowledge and understanding of product offering
  • Strong Customer focus


Annual Base Salary Range or Hourly Base Pay Range:
$168,340.00 - $256,000.00
Compensation Type:
Salary
Incentive Eligible:
Yes
Sales Commission Eligible:
No

Disclaimer: We strive to provide competitive compensation for this position, tailored to a variety of factors. The actual compensation will depend on elements such as seniority, merit, geographic location, education, experience, travel requirements, and union designation. Our compensation range is generally based on the national average for the country. Additionally, benefits may vary depending on the region, business alignment, union involvement, and employee status.

Thrive at work and at home:

  • Benefits kick in on DAY ONE for you and your family, including health insurance and holistic wellness programs that include generous incentives - WE DARE TO CARE!
  • Family building benefits include fertility coverage and adoption/surrogacy assistance.
  • Paid time off includes up to 15 vacation days, paid holidays, sick leave, and additional options to support volunteer and parental leave.
  • 401K match up, educational and training opportunities through company programs along with tuition assistance and student debt support.


Disclaimer: Benefit offerings may vary by site as well as Collective Bargaining Agreements and local/state regulations

Safety Sensitive Role:
No
The company designates certain roles as Safety Sensitive. Safety Sensitive roles may require that you pass additional drug screening.

We offer competitive compensation and comprehensive benefits and programs.

About Trane Technologies

Trane Technologies is a global climate innovator. Through our strategic brands Trane and Thermo King, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes and transportation. Our innovative solutions have helped make buildings and homes comfortable, while more energy efficient and environmentally friendly. We also provide transport temperature control solutions that are used in the food, beverage and pharmaceutical sectors. Trane Technologies is committed to achieving carbon neutrality by 2030 and has been named to the Dow Jones Sustainability World Index for the tenth consecutive year.
Learn more about Trane Technologies
Size
37,000 employees
Market Cap
$39 billion
Industry
Net Income
$854.8 million
5 Year Trend
+0.9%
Revenue
$12.4 billion
NASDAQ

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