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 Cicero demands sharp analytical thinking, persuasive communication, and the ability to steer cross-departmental collaboration. Being adept at data interpretation and mentoring teams helps navigate complex business challenges unique to this market.
While both roles focus on long-term objectives, a Strategy Manager at a company like Stryker integrates operational insights with financial acumen to influence decision-making, whereas a corporate strategist may emphasize broader market trends and policy-level initiatives.
Daily tasks often include analyzing multi-source data to identify growth opportunities, coordinating strategic planning sessions, and translating complex findings into actionable recommendations for senior leadership, all while managing a high-performing strategy team.
Cicero's proximity to Chicago amplifies competition for Strategy roles. Candidates with strong management consulting backgrounds, advanced financial modeling skills, and demonstrated success in strategic leadership are highly sought after.
Employers often prefer candidates with MBAs and certifications in strategy or financial analysis. Familiarity with healthcare regulations and experience in data-driven strategy development can provide a competitive edge locally.
Strategy Managers in Cicero typically earn between $110,000 and $140,000 annually, depending on experience and company size. Specialized skills in corporate strategy and financial expertise can push compensation toward the higher end.
At Stryker, a Strategy Manager benefits from a collaborative culture focused on innovation and data-driven decisions, with opportunities to influence company-wide initiatives and mentor high-performing teams, which may be more integrated compared to competitors.
Strategy Managers at Stryker often advance into senior leadership roles, such as Director of Strategy or Chief Strategy Officer, by demonstrating impact on business outcomes, leading cross-functional projects, and cultivating strategic partnerships.
Employing frameworks like SWOT, Porter’s Five Forces, and scenario planning aids in dissecting complex challenges. Stryker values adaptability in applying these tools alongside data analytics to craft actionable, evidence-based strategies.
The role demands working closely with departments like sales, operations, and finance to harmonize objectives. Structured stakeholder interviews and consensus-building sessions help secure executive buy-in for effective implementation.