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
At Stryker’s River Forest location, a Strategy Manager must navigate complex leadership structures, collaborating closely with division heads to influence strategic direction. Effective communication and cross-functional coordination are essential to align diverse teams and ensure smooth execution of long-term plans.
Professionals in River Forest often face challenges like balancing regional market trends with global corporate objectives. Strategy Managers analyze multifaceted data sets to identify growth opportunities while adapting strategies to local economic conditions and competitive landscapes.
Strong analytical reasoning, adept financial modeling skills, and experience in management consulting set top Strategy Managers apart. Mastery in translating complex data into actionable insights and guiding senior leadership through critical decisions is vital for impactful strategic leadership.
Strategy professionals often progress towards executive roles such as Chief Strategy Officer or Strategy Director. Diversifying expertise across operations, finance, and technology strategy can open doors to senior leadership positions and broader business impact.
Stryker emphasizes innovation and accountability, expecting Strategy Managers to foster high-performance teams and champion data-driven decision-making. The role demands balancing operational efficiency with visionary planning, aligning closely with the company’s commitment to growth and ethical leadership.
Stryker offers Strategy Managers exposure to cutting-edge healthcare technologies and cross-departmental projects in Illinois. The company's focus on mentorship and continuous learning provides ample chances for professional development within a supportive environment.
Strategy Managers in River Forest, IL typically earn between $110,000 and $140,000 annually, depending on experience and qualifications. Factors such as industry expertise, advanced education, and leadership responsibilities influence the final salary package.
Applying frameworks like SWOT analysis, Porter’s Five Forces, and Balanced Scorecards enables Strategy Managers to dissect complex problems systematically. Combining these with data analytics and stakeholder input ensures robust strategy development tailored to organizational goals.
The demand for Strategy Managers in River Forest is strong due to the area's concentration of healthcare and manufacturing firms. However, candidates with a mix of consulting experience and financial acumen often have an edge over the competition.
At Stryker, the Strategy Manager role integrates deep healthcare industry insight with leadership accountability, emphasizing collaboration across medical technology divisions. This contrasts with other firms where strategy may focus more narrowly on single business units or markets.