WHAT DOES A CORPORATE STRATEGY MANAGER DO?
Updated: Jan 06, 2025 - The Corporate Strategy Manager leads the delivery of research and analysis to support corporate and enterprise strategy decisions, formulating strategic frameworks for C-suite decision-making. This role involves identifying and analyzing business issues, driving decision-making through strategic, analytical, and financial frameworks, and preparing concise, impactful presentations for management reviews and executive meetings. Additionally, the manager champions long-term strategic priorities, ensuring alignment across functions such as Advanced Analytics, HR, IT, and Finance to achieve the organization’s goals.
A Review of Professional Skills and Functions for Corporate Strategy Manager
1. Corporate Strategy Manager Duties
- Process Development: Responsible for the full cycle of process development, including design, execution, and continuous improvement of critical processes to support effective strategy development.
- Market Analysis: Performs industry trends research, market and competitive analysis, development of new growth opportunities, quantitative analysis, and evaluation of value propositions and competitive advantages to provide recommendations that inform strategic choices.
- Goal Setting: Leads the process for reviewing, validating, and refining corporate goals, objectives, metrics, and targets.
- Strategy Review: Leads the process for reviewing and updating the corporate strategy and competitive business strategies for the P&C insurance businesses.
- Trend Monitoring: Monitors, assesses, and analyzes external trends and integrates the approach with strategy development and strategic planning.
- Process Building: Builds and maintains critical processes in support of effective strategic planning.
- Data Analytics: Ensures robust data and analytics are utilized in the strategy lifecycle processes.
- Inorganic Strategy: Performs inorganic strategy activities including target identification, deal evaluation, transaction execution, and post-merger integration.
- Strategy Evaluation: Collaborates with the appropriate leaders to enable the Strategy Committee to evaluate the execution of the competitive business strategies for each P&C insurance business, and the performance of the non-insurance business.
- Industry Partnership: Proactively partners with different industry players in financial institutions, technology, hospitality, e-commerce, medical, insurance, and lifestyle.
2. Corporate Strategy Manager Details
- Decision Support: Support decision-making on corporate and enterprise strategy decisions by leading the delivery of quantitative and qualitative research, analysis, and strategic framework formulation.
- Business Issue Analysis: Identify and deconstruct business issues and develop strategic, analytical, and financial frameworks to drive decision-making.
- Threat and Opportunity Identification: Partner with the Corporate Strategy and Transformation team and other business partners to identify emerging business threats and opportunities that span multiple functions.
- Framework Creation: Research and create frameworks to facilitate C-suite decision-making.
- Innovation Pipeline: Drive research into business expander models and maintain a pipeline of innovation opportunities.
- Project Identification: Identify projects for further exploration.
- Presentation Preparation: Help prepare materials for monthly management reviews, executive offsites, board meetings, consolidating findings into concise, thought-provoking, and decision-driving presentations.
- Strategic Planning: Partner with Strategic Finance to build a Strategic Long-Range Plan.
- Communication Support: Support Communication and Enterprise Alignment behind the Corporate Strategy.
- Framework Establishment: Support the establishment of frameworks to communicate strategic decisions across the enterprise, ensuring all functions, including business operations, Advanced Analytics, HR, IT, and Finance, work towards the same long-term goals.
- Strategic Priorities Advocacy: Act as a champion for long-term strategic priorities across the organization by identifying and implementing innovative methods to communicate and gain alignment.
3. Corporate Strategy Manager Responsibilities
- Framework Development: Develop frameworks to analyze business problems, develop hypotheses, mine data, deliver recommendations, and assess the business impact of proposed solutions.
- Business Case Building: Build business cases for new services and products, including financial models, market research, competitive analysis, and go-to-market strategies.
- Strategy Coordination: Coordinate the implementation of strategy by working closely with all business stakeholders across functions to track performance, resolve issues, and ensure alignment.
- Industry Analysis: Conduct industry analysis and research with respect to market trends to derive business insights.
- Performance Analysis: Analyze company performance, build and maintain monitoring dashboards, and prepare BOM reports.
- Relationship Management: Identify key players through industry research, generate interest, and manage and grow relationships with partners to maximize mutual value.
- Insight Extraction: Extract deep insights and generate presentable reports.
- Compliance: Strictly comply with company policies and regulations to maintain a healthy business and pass audits.
- Board Presentation: Consolidate materials from the Corporate Strategy & Transformation team and other business partners to build well-architected and vetted Board presentations.
- Communication Alignment: Partner with investor relations and corporate communications to align internal and external communication with strategic priorities.
- KPI Measurement: Partner with the Corporate Strategy and Transformation team to identify key performance indicators (strategic KPIs) to measure progress toward a long-term vision.
- KPI Reporting: Consolidate the reporting of strategic KPIs into a single dashboard, partnering with the Corporate Strategy and Transformation team, as well as functional leaders, Advanced Analytics, Finance, and HR teams.
4. Corporate Strategy Manager Job Summary
- Work Stream Management: Effectively manage and prioritize multiple work streams through collaboration within the Business Strategy team and across the organization.
- Complex Model Management: Display proficiency in managing complex models and independently driving storylines that deliver compelling insights and recommendations.
- Insight Management: Proactively identify and manage the impact of insights on the broader organization, including developing and presenting a strategic point of view, goals, and proposed outcomes.
- Meeting Facilitation: Effectively facilitate large-scale meetings and workshops, including preparation and driving tangible outcomes.
- Strategic Deployment: Deploy strategic recommendations, collaborating across teams and setting expectations and metrics for execution.
- Leadership & Influence: Demonstrate leadership and the ability to influence by initiating partnerships that promote organizational objectives and change.
- Strategic Summarization: Summarize strategic analysis and decisions into concise memorandums and presentations for the Board of Directors.
- Insight Research: Perform research and analysis to uncover insights for the company and develop critical strategic recommendations.
- Risk & Opportunity Identification: Identify potential risks and opportunities for Verizon.
- Competitive Analysis: Develop perspectives on key industry challenges and potential opportunities through competitive analysis and market research.
5. Corporate Strategy Manager Accountabilities
- Portfolio Analysis: Analyze the performance of the company’s business portfolio and identify new opportunities for growth.
- Strategic Studies: Conduct studies on key issues that will shape Grab’s longer-term strategy.
- Strategy Alignment: Help align BU strategy with country strategy.
- Regional Strategy Cascade: Assist in cascading Regional Strategy
- Management Support: Support the running of Grab’s corporate management process and cadence for Indonesia.
- Stakeholder Engagement: Engage senior executives and stakeholders of all levels in the development and execution of strategy, including a range of strategic initiatives.
- Operating Model Assessment: Assess ID-wide or Dept-wide operating models comprehensively to define target blueprints relevant to current and future contexts/dynamics.
- Transformation Mobilization: Mobilize senior stakeholders to follow the designed transformation journey.
- Culture Influence: Help influence a high-performance culture by challenging critical business assumptions and encouraging cross-functional collaboration across Grab.
- Opportunity Collaboration: Collaborate with internal stakeholders to uncover opportunities and develop strategies.
- Presentation Crafting: Craft compelling and cogent presentations to senior leadership at Verizon to articulate findings and strategies.