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
Strategy Managers in Wayland excel by combining sharp analytical skills with leadership to influence long-term business goals. Unlike operational managers, they focus on data-driven decision-making and cross-departmental alignment, ensuring strategic initiatives resonate throughout the organization. This strategic foresight is vital in competitive markets like Michigan.
In the Midwest, Strategy roles often lead to senior leadership positions such as Director of Strategy or Chief Strategy Officer. The region's growing industries value strategic expertise to navigate market shifts, making it common for Strategy Managers to transition into executive roles by demonstrating impactful business outcomes and cross-functional leadership.
Strategy Managers oversee the implementation of strategic plans and lead teams, whereas Strategy Analysts primarily focus on data gathering and initial insight generation. Managers are expected to guide senior leadership through decision-making, balancing resource allocation and long-term objectives, providing a broader scope beyond analysis.
Stryker emphasizes collaboration and innovation, encouraging Strategy Managers to foster high-performance teams and align initiatives with company values. The role involves cross-functional partnerships that reflect Stryker’s commitment to impactful healthcare solutions, blending analytical rigor with a mission-driven culture unique to their Wayland site.
At Stryker, Strategy Managers navigate complex healthcare market dynamics and regulatory landscapes. Support comes through access to comprehensive data, executive mentorship, and a culture that values strategic agility. This environment empowers managers to translate insights into actionable plans that adapt to evolving business contexts.
Wayland's healthcare industry sees moderate competition for Strategy Manager positions, driven by demand for professionals skilled in strategic planning and financial analysis. Candidates with management consulting backgrounds and advanced degrees like MBAs tend to stand out, reflecting the area's emphasis on expertise and leadership.
Certifications such as PMP or Six Sigma can enhance a Strategy Manager's profile in Wayland, especially when paired with financial modeling expertise. Proficiency in strategic frameworks and strong stakeholder management skills are also prized, reflecting the region’s focus on operational excellence and data-informed strategies.
Strategy Managers at Stryker in Wayland typically earn between $110,000 and $140,000 annually, depending on experience and education. This range aligns with healthcare sector standards in Michigan, factoring in the strategic impact of the role and the leadership responsibilities involved.