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 demands sharp analytical skills combined with the ability to influence senior leaders. Effective communication, decisiveness, and a knack for navigating complex business challenges distinguish top performers in this strategic role.
A Strategy Manager’s schedule flexes between deep data analysis, cross-team collaboration, and steering the annual strategic planning cycle. Tasks shift from problem-solving early in the year to monitoring progress through scorecards and adjusting initiatives as market conditions change.
Downers Grove hosts a moderate competition level for Strategy professionals, with healthcare, manufacturing, and tech sectors actively recruiting. Companies like Stryker drive demand for strategic expertise, leveraging local talent pools to innovate and maintain competitive advantages.
Employers in the Chicago region value candidates with MBA credentials and proficiency in financial modeling. Familiarity with strategic frameworks, data analytics tools, and experience in management consulting also enhance candidacy for Strategy Manager positions.
At Stryker, Strategy Managers must integrate healthcare industry insights with rigorous data-driven decision-making. The role involves liaising closely with medical device divisions, balancing innovation with regulatory compliance, which adds complexity beyond typical corporate strategy roles.
Stryker encourages upward mobility by offering exposure to cross-functional leadership teams and complex strategic projects. Mentorship programs and continuous learning opportunities foster growth, positioning Strategy Managers for senior roles within the corporation or broader healthcare sector.
Strategy Managers in Downers Grove typically earn between $110,000 and $140,000 annually, reflecting the specialized skills required. Compensation often includes performance bonuses, particularly at healthcare firms like Stryker, where strategic impact aligns with business outcomes.
Development-focused Strategy Managers prioritize long-term growth, innovation, and market expansion, while operational strategy roles concentrate on optimizing existing processes and resource allocation. Both require analytical rigor but diverge in scope and tactical execution.
Experienced Strategy Managers often transition into director-level strategy positions, chief strategy officer roles, or pivot into general management. Their skill in aligning business objectives with actionable plans opens doors across industries, including consulting and private equity.
Applicants should highlight their expertise in financial analysis, strategic planning, and leadership in cross-functional teams. Demonstrating a track record of influencing senior decision-makers and managing complex data-driven projects aligns closely with Stryker’s expectations.