Job Overview:
As a Strategy Manager, you will serve as a strategic advisor to Division Leaders by offering data-driven insights and solutions to complex challenges. You will play a pivotal role in defining long-term strategic objectives and translating them into actionable initiatives. The position requires a strong analytical mindset, leadership in strategic planning, and the ability to guide senior leadership through decision-making processes.
Key Responsibilities:
1. Problem Analysis & Data Interpretation:
- Leverage traditional strategy frameworks and an open, inquisitive mindset to tackle problems and identify business opportunities.
- Analyze complex datasets, summarize key findings, and provide actionable insights to decision-makers.
2. Strategy Development & Implementation:
- Investigate strategic paths forward using internal data, external benchmarks, and interviews with stakeholders.
- Partner with cross-functional teams to present recommendations, align on strategic directions, and secure buy-in from senior leaders.
- Use critical thinking to weigh trade-offs, resource needs, and competencies, and guide leaders to make informed decisions.
3. Strategic Planning:
- Lead the annual strategic planning process, designing the approach, ensuring deadlines and deliverables are met, and overseeing the development of action plans.
- Coordinate timelines and logistics for strategic planning across multiple departments and teams.
- Implement a Strategy Scorecard to track goals, progress, and accountability for both short-term and long-term initiatives.
4. People & Consultant Management:
- Manage and mentor a team of professionals, providing guidance on strategic analysis, planning, and execution.
- Make key decisions that have a company-wide impact, balancing operational efficiency with broader business goals.
- Foster a high-performance culture, ensuring that your team is aligned, motivated, and held accountable for achieving organizational objectives.
Qualifications:
Required:
- Bachelor's degree in a relevant field.
- 8+ years of professional experience in management consulting, corporate strategy, or private equity.
- 5+ years of experience in corporate strategy or management consulting, with a track record of guiding high-level decision-making.
- 2+ years of experience in financial analysis, including proficiency with P&L management and financial modeling.
Preferred:
MBA or equivalent advanced business education is preferred.
Travel Requirements:
20% travel, as required.
Stryker Corporation is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, disability, or protected veteran status.
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Frequently Asked Questions
At Stryker, leveraging frameworks like SWOT, Porter’s Five Forces, and Balanced Scorecards can help Strategy Managers dissect complex challenges. Tailoring these models to the medical technology sector enhances data-driven insights, enabling alignment with corporate goals and facilitating impactful strategic decisions.
Wood Dale's proximity to Chicago offers a balance of local industry focus and access to broad resources. Strategy Managers here often engage with mid-sized enterprises, emphasizing practical implementation and cross-departmental collaboration, contrasting with the highly competitive, rapid-paced environments typical in bigger cities.
Candidates with strong analytical skills, leadership in strategic planning, and experience in corporate strategy or management consulting are highly sought after. Familiarity with financial modeling and P&L management also elevates a candidate’s profile given the region’s competitive job market.
An MBA or equivalent advanced business education is highly valued, especially with a focus on strategy or finance. Additionally, certifications in project management or data analytics can boost candidacy, aligning well with Stryker’s emphasis on strategic planning and analytical problem-solving.
While Wood Dale offers a less saturated market than downtown Chicago, demand for Strategy Managers remains robust due to the presence of manufacturing and healthcare firms. Candidates with specialized experience in strategic planning and cross-functional leadership tend to stand out amid moderate competition.
Stryker emphasizes innovation, collaboration, and accountability. Strategy Managers are expected to not only deliver data-driven insights but also cultivate high-performance teams and foster alignment across divisions, reflecting the company’s commitment to strategic agility and inclusive leadership.
Stryker's Strategy Managers uniquely balance deep analytical rigor with hands-on implementation, often managing cross-functional teams and influencing company-wide decisions. The role’s travel requirement and emphasis on mentorship also set it apart, underscoring a dynamic and leadership-focused environment.
Strategy Managers in Wood Dale can expect salaries generally between $110,000 and $140,000 annually, influenced by experience and industry. This range aligns closely with national med-tech sector averages but may slightly trail salaries in larger urban centers like Chicago due to local cost-of-living differences.
Daily tasks include synthesizing complex data, coordinating strategic initiatives across departments, and facilitating leadership alignment meetings. The role demands balancing analytical depth with interpersonal communication to drive actionable plans that support Stryker’s long-term business objectives.
Collaborating with teams like finance, operations, and product development is crucial for aligning strategic priorities. These partnerships enable the Strategy Manager to secure buy-in for initiatives, navigate trade-offs effectively, and ensure cohesive execution that advances Stryker’s competitive positioning.