Sr. Manager, Strategic & Business Development at IMAX - Interview Preparation Plan | RealPrep

Sr. Manager, Strategic & Business Development at IMAX - Interview Preparation Plan | RealPrep

IMAX - What You Should Know

IMAX is a global leader in immersive entertainment technology, renowned for delivering unparalleled cinematic experiences. Combining cutting-edge technology with custom theatre design, IMAX transports audiences beyond the screen. With over 50 years of history, the company partners with filmmakers, studios, and exhibitors worldwide to create awe-inspiring movie-going experiences. IMAX's business model thrives on a dual revenue stream: technology products and services, and content solutions (a share of global box office revenue). The company is strategically expanding its global network, employing various models for adding systems to maximize returns in different markets. Beyond traditional Hollywood blockbusters, IMAX is increasingly focusing on local language films and alternative content like documentaries and live events to broaden its appeal and drive growth. The company's unique position provides influence at the table with both distributors and studios, creating a 'virtuous cycle' where diverse content enhances the value of IMAX screens.

Core Values

Never Settle: Challenge the status quo and push the limits of what's possible through innovation.For the Fans: Understand and serve the audience's passion for immersive experiences.Elevating Entertainment: Partner with creators and exhibitors to deliver unparalleled cinematic journeys.Bring Extraordinary to Life: A core mission driving the pursuit of exceptional experiences.

Recent News & Developments

Wedbush analysts raised IMAX's price target to $46 following the 2025 Investor Day, citing a projected uptick in high-quality filmed-for-IMAX titles and expected market share gains.
IMAX unveiled a bullish three-year growth strategy at its 2025 Investor Day, targeting high-margin growth through global network expansion and technology enhancements, with expectations of exceeding 50% adjusted EBITDA margins by 2028.
IMAX's Q3 2025 revenue surged 16.6% year-over-year to $106.7 million, with China showing significant growth due to a deepened partnership with Wanda Film, including upgrades to existing theaters and new premium locations.

Interview Process

While specific details for every role may vary, a typical interview process for a Sr. Manager at IMAX likely involves multiple stages designed to assess a candidate's strategic thinking, business acumen, leadership potential, and cultural fit. This often begins with an initial screening, followed by interviews with hiring managers and team members, and potentially a final round with senior leadership. Candidates may be asked to present on strategic initiatives or case studies.

Expected Timeline: The timeline can vary depending on the specific role and the number of applicants, but generally, the process can take anywhere from 4 to 8 weeks from application to offer.

Initial Screening/Recruiter Call

30 minutes

A preliminary conversation with a recruiter to assess basic qualifications, understand career goals, and provide an overview of the role and company.

What to expect: Be prepared to discuss your resume, career aspirations, and interest in IMAX.

Hiring Manager Interview

45-60 minutes

An in-depth discussion with the hiring manager to evaluate your experience, skills, and how you align with the team's needs and objectives. This round often delves into strategic thinking and problem-solving abilities.

What to expect: Expect behavioral questions, situational questions, and questions about your strategic approach to business development.

Team/Panel Interview

60-90 minutes

Interviews with potential peers or cross-functional team members to assess collaboration skills, cultural fit, and how you would contribute to the team dynamic.

What to expect: Questions may focus on collaboration, problem-solving in a team setting, and your understanding of cross-functional dynamics.

Senior Leadership Interview / Presentation

60 minutes (plus presentation time)

A final round, potentially including a presentation on a strategic initiative, business case, or a discussion with senior leadership to assess strategic vision and overall fit with the company's direction.

What to expect: Be prepared to discuss your strategic vision for the role and how you can contribute to IMAX's long-term goals. A presentation may be required.

Preparation Plan

Prepare by thoroughly understanding IMAX's business, its strategic goals, and the specific requirements of the Sr. Manager, Strategic & Business Development role. Focus on articulating your experience in driving growth, forging partnerships, and navigating the entertainment technology landscape. Be ready to demonstrate strategic thinking through behavioral and situational examples.

Focus Areas

High

IMAX Business & Strategy

Understand IMAX's current strategic priorities, recent financial performance, and expansion plans (especially in key markets like China). Familiarize yourself with their technology, content offerings, and competitive positioning.

High

Role-Specific Skills

Prepare concrete examples showcasing your experience in strategic planning, business development, deal negotiation, market analysis, and stakeholder management. Quantify your achievements whenever possible.

Medium

Industry Knowledge

Stay updated on trends in the entertainment, film exhibition, and technology sectors. Understand how these trends impact IMAX's business and future opportunities.

Medium

Company Culture & Values

Research IMAX's company culture and core values. Be prepared to discuss how your own values and work style align with theirs.

High

Interview Format & Question Types

Practice answering common interview questions for strategic and business development roles, including behavioral, situational, and strategic thinking questions. Prepare to articulate your first 90 days.

Timeline Suggestion

Allocate at least 1-2 weeks for dedicated preparation. Begin with broad research on IMAX and the industry, then narrow down to specific role requirements and practice articulating your experience through STAR method examples.

Key Advice

Emphasize your ability to identify and execute on strategic growth opportunities, quantify your impact on revenue and market share, and demonstrate a clear understanding of IMAX's unique position in the global entertainment ecosystem. Show genuine passion for the industry and the company's mission.