Cengage Learning VP, Corporate Development and Strategic Partnerships in Boston, Massachusetts
Do you dare to reinvent the future of education?
At Cengage, we are harnessing the power of technology to build a future where all learners have the tools and confidence to achieve their goals. As a Cengage employee, you will blaze a new trail to transform the way people learn. Collaborating with the best of the best, you will feel challenged and inspired to do breakthrough work. With the support of our united team, there is no limit to what you can imagine, create and set in motion.
Are we right for you?
We set the bar higher by bringing our unique talents and point of view to the table every day. We are curious and comfortable with change and are willing to take risks to transform education. Most importantly, with everything we do, we put learning first.
The Vice President of Corp Development & Strategic Partnerships will assist the SVP in the development of inorganic growth strategies, and executing against these strategies through key strategic alliances, marketing partnerships, M&A and other corporate development activities to support overall Company objectives. This individual would work with stakeholders including directly with the executive teams to identify areas of partnership or M&A opportunities and handling complex deals across Cengage’s business and product units. This person will be also responsible for working with senior leaders externally to deliver results. The role will develop scalable processes that enable better engagement with internal stakeholders and external partners.
What you'll do:
Work with product and business unit leadership team to proactively identify business needs over multiple horizons and prioritize areas for 3rd party partnerships or acquisitions including technology providers, student ancillary products, content, and distribution.
Develop and contribute to development of strategies to drive growth.
Lead all aspects of pipeline development, source potential partners, conduct due diligence and assess partner alignment with strategic needs of business.
Drive deal negotiations holistically, including commercial, financial, legal, and operational aspects of agreement, in collaboration with business and functional teams including Legal, Finance, Strategy and other teams.
Advise on the impact of partnerships on business, product margins and scalability. Manage cross functional team(s) interests and expectations.
Proactively develop relationships with potential acquisition targets or partners. Maintain a robust and growing network of contacts in the educational technology industry and participate in education events. Support activities to make Cengage a “partner of choice” among potential partners.
Maintain existing partner relationships. Convene business review meetings with key partners. Develop/maintain Salesforce and other tools for partner management as well as internal team collaboration.
Lead and develop own team to accomplish objectives. Responsible for planning, staffing, budgeting, and other activities for the team.
Advance internal teams' understanding of emerging industry trends and technologies.
Skills You Will Need Here:
MA/MS/MBA with proven achievement preferred (BA/BS acceptable)
10+ year relevant work experience, including strategic partnerships, corporate development, M&A or corporate strategy
Minimum of 3 years previous experience working at a technology, media, or education firm or within other industries working with other digital or technology product and engineering teams
Demonstrated ability to negotiate complex deals. Prior end-to-end deal experience (including research, sourcing, modeling and execution) required
Strong modeling skills. Strong understanding of financial statements.
Experience with driving different types of transactions (licensing, technology integration, co-marketing, M&A, etc.)
Participate in and lead cross-functional teams
Proven track record to recognize industry change, develop understanding of long-term implications, strategic and analytical thinking, strong capability of project management and problem solving skills, sound judgment and a willingness to resolve issues and problems in a timely manner
Excellent communications skills: the ability to develop rapport and credibility across the organization and promote ideas and proposals persuasively
Comfort with and eagerness to tackle ambiguous problems
Highly collaborative and able to influence. Should embrace, support and practice a collaborative style which goes beyond relationship building. Will achieve results with and through others
Prior experience leading 2-3 team members.
Ability to travel up to 25%
Cengage is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, veteran status, marital status, parental status, cultural background, organizational level, work styles, tenure and life experiences. Or for any other reason. You may view Cengage’s EEO/Affirmative Action Policy signed by CEO Michael Hansen (https://p.widencdn.net/pdvq6j/EEO_Policy_Statement_January_2017) and Equal Employment Opportunity is the Law notice (http://embed.widencdn.net/pdf/plus/cengage/ybs5gt19ik/eeopost-merged.pdf) by visiting their corresponding links.
Cengage is committed to providing reasonable accommodations for qualified individuals with disabilities in our job application procedures. If you need assistance or an accommodation due to a disability, you may contact us at email@example.com or you may call us at +1 (617) 289-7917.
Cengage, an education technology company serving millions of learners in 165 countries and territories, advances the way students learn through quality, digital experiences. We serve the K-12, higher education, professional, library, English language teaching, and workforce training markets worldwide. We believe that through the power and joy of learning, students can enrich their lives and achieve their dreams – no matter their age, experience, abilities, or environment. Our industry-leading products and services make education more accessible and affordable, including Cengage Unlimited, the first-of-its-kind all-access digital subscription service. Visit us at http://www.cengage.com/or find us on LinkedIn, Facebook, or Twitter.
Cengage Group, a global education technology company serving millions of learners, provides affordable, quality digital products and services that equip students with the skills and competencies needed to be job ready. For more than 100 years, we have enabled the power and joy of learning with trusted, engaging content, and now, integrated digital platforms.
We serve the higher education, workforce skills, secondary education, English language teaching and research markets worldwide. Through our scalable technology, including MindTap and Cengage Unlimited, we support all learners who seek to improve their lives and achieve their dreams through education.
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