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.
Recent Jobs
Top searches
Employment opportunities at Stryker
Jobseekers are also searching for
Searches you may like
Trending searches in Clarendon Hills, IL
Popular Searches for Strategy Manager
Frequently Asked Questions
A Strategy Manager at Stryker should leverage frameworks like SWOT, Porter’s Five Forces, and Balanced Scorecards tailored to healthcare tech. These tools help dissect competitive landscapes and internal capabilities, enabling impactful, data-driven recommendations that resonate with senior leadership's expectations in Clarendon Hills’ evolving medical device market.
They navigate competing interests by fostering transparent communication and aligning goals with company vision. Using collaborative workshops and scorecards, Strategy Managers ensure each department’s input is considered, promoting ownership and consensus. This approach is vital at Stryker to drive cohesive, executable strategies across multiple business units.
Advancement often requires demonstrating strong analytical leadership, successful execution of complex initiatives, and mentoring capabilities. Gaining cross-functional experience, pursuing advanced degrees like an MBA, and building a track record of influencing C-suite decisions can accelerate progression from Strategy Manager to Director or Chief Strategy Officer.
Candidates with 8+ years in management consulting or corporate strategy, combined with financial modeling skills and P&L experience, stand out. Locally, an MBA or equivalent enhances credibility, especially within healthcare firms like Stryker, where strategic insight into medical technology trends is highly valued.
Travel demands are moderate, allowing Strategy Managers to maintain local commitments while engaging with key stakeholders or facilities. Clarendon Hills' proximity to Chicago facilitates efficient regional travel, balancing strategic oversight duties with personal life, which is crucial for sustained leadership performance.
While not mandatory, certifications like Certified Management Consultant (CMC) or strategic planning accreditations can boost a candidate’s profile. In Clarendon Hills, healthcare strategy roles increasingly favor candidates versed in data analytics and healthcare compliance, reflecting regional industry standards.
Clarendon Hills, with its cluster of medical device and tech firms like Stryker, presents a moderately competitive landscape. The demand is specialized, favoring candidates with healthcare strategy experience, unlike broader markets such as Chicago where roles span diverse industries, intensifying competition.
Annual compensation typically falls between $110,000 and $140,000, reflecting the healthcare sector’s premium and the role’s seniority. Candidates with extensive consulting backgrounds or MBAs may command salaries at the higher end, consistent with Clarendon Hills’ cost of living and corporate standards.
Stryker emphasizes innovation and collaborative problem-solving, so Strategy Managers engage deeply with cross-functional teams. This culture demands agility in data interpretation and proactive leadership, fostering a dynamic environment where strategic initiatives directly impact medical technology advancements.
Stryker’s focus on healthcare solutions requires Strategy Managers to integrate clinical insights with business acumen. Unlike generic strategy roles, this position demands understanding regulatory environments and patient outcomes, adding layers of complexity and purpose to strategic decision-making.