What does a Strategy Manager do?
Strategy managers review and organization to determine strengths, weaknesses, operational effectiveness and opportunities for improvement. They recommend initiatives from internal and external factors that minimize risks and formulate plans to achieve long-term goals. They assess organizational performance and develop achievable goals by implementing processes that improve organizational effectiveness while building a sustainable competitive advantage.
Strategy managers support the development of a long-term organizational strategy. They conduct research and analysis of operational effectiveness, processes, stakeholders and stakeholders. They align department goals and process and resource allocation with the organizational strategy in mind and assess competitors and market trends. They identify threats and opportunities and present their findings, projections, and recommended actions. They monitor and report projects and support and guide senior executives in the decision-making process. Strategy managers need a degree in business or related fields; some employers prefer an MBA.
Strategy Manager Salaries
Average Base Pay
Strategy Manager Insights
“I had a good experience working with Virpie as a senior consultant and would recommend to others.”
“The mentorship program was really strong and I was able to have an opinion on many projects.”
“Internal career development is encouraged and there are resources to jump from one function to another if you have the initiative to take advantage.”
“you’re encouraged to really own your own development and the opportunities you see and go after.”
“I barely ever have to work over my 9 to 5. Work/life balance in my department is amazing.”
“Salary for the role was not competent to PM or EM roles at the same level.”
“Life insurance products are complex and I think it would be worthwhile for all interns to learn about what National Life offers.”
“They allowed me the freedom to present in templates I felt conveyed the strategy best and truly listened to my counsel”
Strategy Manager Interviews
Strategy Manager jobs
Frequently asked questions about the role and responsibilities of a strategy manager
When working as a strategy manager, the most common skills you will need to perform your job and for career success are Consulting Experience, Excellent Communication, Powerpoint, Statistics and Written Communication.
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The most common qualifications to become a strategy manager is a minimum of a Bachelor's Degree and an average of 0 - 1 of experience not including years spent in education and/or training.