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
Northbrook, IL, hosts a growing cluster of healthcare and tech companies, making Strategy Manager roles at Stryker highly sought after. Candidates often face robust competition due to the area's appeal and Stryker’s reputation, so tailoring applications with strong strategic planning experience can improve chances.
While no specific Northbrook-only credentials exist, certifications in strategic management, data analytics, or advanced financial modeling resonate well with local employers like Stryker. An MBA or credentials like the Certified Strategic Manager (CSM) can notably enhance a candidate’s appeal.
Mastery in data interpretation, stakeholder alignment, and cross-functional communication is essential. Excelling Strategy Managers also hone decision-making under uncertainty and resource balancing, which are critical for steering complex initiatives and influencing senior leadership.
Professionals often advance into directorial or chief strategy officer positions, expanding their scope from tactical planning to enterprise-wide vision setting. Building expertise in financial analysis and stakeholder management accelerates upward mobility within corporate strategy.
They often navigate ambiguous data sets to identify growth opportunities, balance trade-offs between competing business units, and facilitate consensus among diverse teams. Tackling these challenges requires analytical flexibility and a knack for aligning strategy with operational realities.
Stryker emphasizes data-driven insights combined with mentorship responsibilities, requiring managers to lead teams and influence senior leaders directly. The blend of strategic planning with operational execution here is more hands-on compared to some peers focusing solely on advisory capacities.
Stryker expects Strategy Managers to build high-performance cultures, balancing operational efficiency while driving innovation. Leaders must foster accountability and motivate cross-departmental teams to meet aggressive strategic milestones in a competitive healthcare environment.
Strategy Managers in Northbrook typically earn between $110,000 and $140,000 annually, depending on experience and qualifications. Given Stryker’s industry standing and the strategic complexity of the role, compensation often includes performance bonuses aligning with corporate goals.