Strategic Planning Director directs and oversees an organization's strategic and long-range goal planning function. Drives strategic initiatives and supports the development of long-term growth plans and profitability goals. Being a Strategic Planning Director analyzes emerging industry trends, expansion opportunities, including mergers and acquisitions, competitive threats, the viability of outside business partners, and sources of capital. Establishes and retains relationships with industry analysts and the investment community. Additionally, Strategic Planning Director utilizes data-driven methodologies to analyze business performance metrics and process improvement options effectively. Develops reporting and tools to communicate strategic plans and concepts to leadership. Conducts periodic status reviews of organizational goals and objectives to identify roadblocks to progress. Requires a bachelor's degree. Typically reports to top management. The Strategic Planning Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Strategic Planning Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)
In addition to the responsibilities listed above, this position is also responsible for leading business strategy and/or initiative planning by developing a new organizational strategy process and identifying the key players for leadership strategy conversations; engaging in leadership decision making by leveraging expert knowledge of the external marketplace and relevant tools (i.e., dashboards to track metrics) to establish a clear organizational focus; driving collaboration in strategy community of practices by facilitating knowledge sharing across functions and entities to identify the right strategic priorities; developing complex frameworks to advance strategy development by leveraging Strength Weakness Opportunity Threat (SWOT) and gap analyses to ensure that strategic opportunities are correctly identified; prioritizing strategic choices through enterprise processes and market operational plans to establish management incentives; aligning enterprise strategy plans and performance with operating priorities in markets and functions; and driving ongoing initiative management and prioritization in real time through performance monitoring using relevant tools (i.e., dashboards, scorecards, leader reviews).
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