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
Hanover Park, IL, sees a moderate demand for Strategy Managers, especially in industries like healthcare and manufacturing. Competition is growing as companies seek candidates with strong analytical and leadership skills, emphasizing strategic planning and cross-functional collaboration.
In Illinois, certifications such as PMP, Six Sigma, and advanced financial modeling credentials are highly regarded for corporate strategy professionals. These credentials enhance strategic decision-making capabilities and are often preferred by employers in the Hanover Park area.
Strategy Managers typically lead strategic initiatives and oversee teams, focusing on decision-making and implementation, whereas Strategy Analysts concentrate on data analysis and generating insights. Managers also engage more with senior leadership to align business objectives.
Professionals focusing on strategic planning can advance into senior leadership roles, including Director of Strategy or Chief Strategy Officer. Gaining experience in cross-functional project management and stakeholder engagement significantly enhances career progression.
Days usually involve analyzing market trends, coordinating with clinical and business teams, developing strategic roadmaps, and presenting findings to executives. Balancing operational efficiency with long-term growth initiatives is a constant priority.
At Stryker, Strategy Managers must navigate the complexities of the medical technology sector, integrating data-driven insights with regulatory considerations and innovation. Collaborating across global teams adds layers of coordination and strategic alignment.
Stryker invests in leadership training, mentorship programs, and access to industry conferences, fostering continuous learning. Strategy Managers benefit from exposure to diverse projects, enhancing both their strategic acumen and operational expertise.
Strategy Managers in Hanover Park typically earn between $110,000 and $140,000 annually, depending on experience and educational background. In medical technology firms like Stryker, compensation packages often include performance bonuses and benefits.