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
Thriving as a Strategy Manager in Grayslake demands strong analytical capabilities, proficiency in financial modeling, and adeptness at stakeholder collaboration. Familiarity with corporate strategy frameworks and the ability to interpret complex datasets are vital to guide decision-making effectively within dynamic industries like healthcare technology.
After gaining substantial experience, Strategy Managers often advance to senior leadership roles such as Director of Strategy or Chief Strategy Officer. Their growth hinges on mastering cross-functional leadership, enhancing strategic planning expertise, and developing persuasive communication skills to influence organizational direction.
Managing diverse stakeholder expectations and aligning multifaceted teams around unified goals are daily hurdles. Additionally, balancing resource constraints while driving data-informed decisions requires agility. At Stryker, integrating innovation with operational efficiency adds complexity to the strategic roadmap execution.
Professionals in Grayslake aiming for strategy management often pursue certifications like CFA or PMP to bolster financial and project management skills. An MBA remains highly regarded locally, reflecting the region’s competitive corporate landscape and focus on leadership development in strategic roles.
Grayslake’s proximity to Chicago’s robust healthcare and manufacturing sectors stimulates steady demand for experienced Strategy Managers. Employers prioritize candidates who can integrate market insights with cross-industry benchmarks, reflecting the area's competitive yet opportunity-rich environment.
Stryker emphasizes innovation and collaborative problem-solving, encouraging Strategy Managers to adopt inclusive leadership approaches. Strategic advisors are expected to foster high-performance teams, drive accountability, and align initiatives with the company’s mission to enhance healthcare outcomes globally.
Due to Stryker’s focus on medical technologies, Strategy Managers must navigate regulatory complexities and rapid technological advancements. This environment demands agility in strategic planning and an ability to balance long-term innovation goals with immediate operational priorities.
Strategy Managers in Grayslake typically earn between $110,000 and $145,000 annually, depending on experience and sector specialization. Given Stryker’s standing in healthcare technology, compensation may lean towards the higher end, especially for candidates with proven leadership and financial analysis expertise.
At Stryker, Strategy Managers actively engage with diverse departments—from R&D to sales—to gather insights and foster alignment. This cross-pollination ensures strategies are comprehensive and executable, enhancing stakeholder buy-in and accelerating decision-making.
Travel accounts for roughly 20% of the role, often involving visits to regional offices, partner sites, and industry conferences. These trips facilitate stakeholder interviews, benchmarking exercises, and strategic workshops essential for informed decision-making in a geographically dispersed enterprise.