What does a Director of Strategy do?
A Director of Strategy leads the development and implementation of strategic initiatives to drive business growth and innovation. They cross-collaborate with other department leaders to ensure team alignment with the company’s mission and determine strategic priorities.
A Director of Strategy is a key player in shaping a company’s direction and long-term success and are highly valuable leaders during periods of uncertainty and change in the marketplace.
Director of Strategy Responsibilities
- Lead the development of long-term organizational strategic initiatives.
- Analyze company and competitor performance, overall market dynamics, and industry trends to assess opportunities, threats, and room for growth.
- Know the firm’s customers, inside and out, assessing their needs, preferences, and behaviors, to craft actionable insights that drive future decisions.
- Perform financial analyses to deeply understand the implications of strategic financial investments and initiatives.
- Collaborate with department leaders to prioritize strategic initiatives, fostering open communication, alignment, and accountability.
- Develop metrics and KPIs to track the progress of strategic initiatives and assess their impact on the business.
Director of Strategy Qualifications
- Bachelor’s Degree in Business Administration, Finance, Economics, or a related field. An MBA is preferred.
- At least six years of progressive leadership experience in a corporate strategy or management consulting firm environment.
- Excellent understanding of business operations and procedures.
- Strong organizational, planning, and presentation skills.
- Outstanding research skills with the ability to translate data and insights into actionable strategies.
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