Director Corporate Strategy
This Director Corporate Strategy leads the strategy management department and oversees all activities of all the junior strategy management teams. The Director Corporate Strategy is a core part of the strategy management executive leadership as well as the business development leadership.
The Director Corporate Strategy reports directly to the Chief Business Development Officer and drives strategic planning processes and the business’s long-term strategic development plans.
Objectives and Responsibilities of the Director Corporate Strategy
Leadership/Supervisory Role: This is the most prominent role of the Director Corporate Strategy and in this position he develops options for strategy management teams and develops strategic and transformational moves across the business. He leads the development and implementation of the business’s strategic objectives and processes and engages in sensitive and high-value business development activities.
In his leadership position, it is the Director Corporate Strategy’s role to facilitate cross-functional team collaborations as well as to support executive leadership and stakeholders within the business in developing business strategies, inclusive of long-term goals and objectives, key risk management, and driving business and project initiatives.
The Director Corporate Strategy supports top business leadership across the business in solving high priority operational issues by driving the communication and development of suitable strategies and goals. The Director Corporate Strategy also plays a mentorship role to key personnel in the strategy management department, assisting in the execution of duties upon request, ensuring constant improvement of skills by key personnel, and readying these personnel for future assumption of his duties.
Strategy Definition/Planning/Performance Management: The Director Corporate Strategy leads the design of strategy across various high-value business projects within the business. He drives the strategic planning process and acts as a trusted advisor to the business’s executive leadership and relevant stakeholders during strategy formulation, development, and execution.
In this capacity, the Director Corporate Strategy supports the evaluation and development of the business’s long-term strategic plans across the business’s departments. He also develops the business’s multi-year strategies and goals, establishes measurement criteria to monitor the performance of established strategies consistently, identify deficiencies, and avail actionable solutions.
Collaboration: The role of the Director Corporate Strategy is also a highly collaborative one and in this position, he works with business leadership, executives, senior business development management, and stakeholders across the business to ensure that the business’s departmental strategies are aligned in order to advance the overall business strategy. He also works with junior corporate strategy management in driving the business’s key strategic initiatives on various business projects.
Analytics: The Director Corporate Strategy additionally plays an analytical role where he defines the business’s analytical and financial analytical frameworks in order to conduct analyses and resolve critical business issues. The Director Corporate Strategy performs thorough evaluations of business opportunities through analysis of potential business, inclusive of competitive analysis, financial analysis, market analysis, performance analysis, technology platforms, and strategic fit.
It is also his duty to provide the business’s executive leadership and stakeholders with key insights and feedback on various analyses in the form of reports in order to facilitate informed decision-making and strategy formulation.
Other Duties: The Director Corporate Strategy also performs similar duties as he deems fit for the proper execution of his duties and duties as delegated by the Chief Business Development Officer or the Employer.
Required Qualifications of the Director Corporate Strategy
Education: The Director Corporate Strategy must have a master’s degree (Phd preferred) in Business Administration, Industrial Management Finance, Economics, or any other related business field. An equivalent of the same in working experience is also acceptable.
Experience: A candidate will have had experience of over 10 years in a strategy management position in a fast-paced and dynamic environment, preferably working as head of corporate strategy. The candidate will also have had strategy consulting experience with top business leadership and a demonstrated ability to work in a cross-functional and matrix business environment.
The candidate will also demonstrate vast experience in the financial service sector as well as experience leading a strategy management team through various projects across the business leading to strategy optimization and overall performance improvement of the business.
The Director Corporate Strategy will additionally have had experience addressing sensitive business project issues by performing analyses and implementing appropriate strategic measures to address the issues. A suitable candidate will also have had practical working experience in enterprise change, growth strategy implementation, strategic planning, and complex financial analysis.
Communication Skills: Communication skills, both in verbal and written form, are a fundamental requirement for the Director Corporate Strategy. Additionally, the Director Corporate Strategy will also need to have equally good listening skills.
This mix will be necessary in his collaborative role with top business leadership in which clear communications will be a major contributing factor to the effectiveness with which strategies are implemented across the business. The Director Corporate Strategy, in his leadership position, will need to be an excellent communicator who will convey information and instructions clearly, hence, facilitating smooth and efficient performance of duties by junior strategy management personnel.
The Director Corporate Strategy will be required to exploit his communication skills in drafting clear, understandable, unambiguous, engaging, and convincing reports for the business’s top leadership, executives, and relevant stakeholders, which will play a central role in influencing strategic decision-making across the business.
Ms Office: A Director Corporate Strategy must also possess exceptional Ms Word, Ms Excel, and PowerPoint, which are all necessary for the creation of both visually and verbally engaging analyses, reports, and presentations, for the business’s leadership, executives, relevant stakeholders, and senior business development management.
Analytical Skills: A candidate for this position will need to have strong analytical and financial modeling skills. He must be capable of working with analytical tools and processes and building analytical models for a business as well as performing regular performance, financial, market, and competitive analyses for the business in order to avail useful insights for strategic decision-making and identification of business opportunities at various business fronts.
Interpersonal Skills: The Director Corporate Strategy must be a passionate team-builder, have an ability to work well with multi-functional teams, be a strategic and creative thinker, have a positive can-do attitude, and work well in a constantly evolving environment.
He must also be open and welcoming to change, be result oriented, be self-motivated and proactive, have exceptional problem-solving skills, work comfortably with top business management, and demonstrate an ability to stay calm under stress and uncertainty, influencing the same in his team.
People Skills: A candidate for this position will have demonstrated people skills and an ability to move a cross-functional group and senior business leadership in a unified direction and with a unified vision. He will have a natural ability to form strong and lasting bonds with others, being an approachable and likable individual.
Being a people person, he will inspire confidence and trust in others who will readily follow in his directives and insights, hence, making the execution of his duties that much easier.