Description

Strategy Managers evaluate organizations to identify their strengths, weaknesses, operational effectiveness, and opportunities. They utilize internal and external data to create comprehensive plans to reduce risks and enable organizations to reach their long-term objectives.

Some alternate titles for Strategy Manager are:

  • Strategic Partnerships Manager: Strategic Partnerships Manager involves developing and managing relationships with outside organizations to help the business reach its objectives.
  • Strategic Business Development Manager: This position requires the individual to analyze potential opportunities, create strategies to capitalize on them, and track the progress of the business's development.
  • Strategic Risk Manager: Strategic Risk Manager requires the individual to identify potential business operations risks and develop mitigation strategies.

Roles & Responsibilities

Some responsibilities of a Strategy Manager are:

  • Assisting in formulating long-term organizational strategy and Conducting research and analyses of operational effectiveness, processes, stakeholders, etc., as well as aligning departmental goals, processes, and resource allocation with the organizational strategy.
  • Performing quality assurance QA) of other people's content, logic revisions, and research requests to ensure accuracy, managing data retention of completed projects and other records, and coordinating key projects with portfolio strategy dependencies across multiple stakeholder groups.
  • Presenting findings, projections, recommended actions, planning, implementing, and managing proposed recommendations and projects, as well as project monitoring and reporting.

Qualifications & Work Experience

Major educational qualifications required for Strategy Manager are:

  • Must have a bachelor's or Graduate's Degree in Business Administration, Computer Science, or Engineering

Essential Skills For Strategy Manager

1

Financial Analysis

2

Business Strategy

3

Strategy

4

Data Analysis

Skills That Affect Strategy Manager Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Financial Analysis

9%

Business Strategy

2%

Strategy

2%

Data Analysis

9%

Career Prospects

Some Alternative job roles available for Strategic Account Manager are:

  • Senior Account Manager: Oversees and manages a team of account managers, ensuring client satisfaction and success through strategic planning and execution.
  • Account Manager IV: Develops and maintains relationships with key clients, delivering exceptional service and driving growth and revenue.
  • Principal Account Manager: Leads and executes strategic account plans, driving client engagement and optimizing business opportunities.
  • Associate Director of Accounts: Assists in managing and expanding client accounts, ensuring client retention and satisfaction.
  • Director of Accounts: Takes charge of client accounts and strategic initiatives, optimizing revenue and fostering long-term client partnerships.
  • Senior Director of Accounts: Provides strategic direction and leadership for client accounts, driving business growth and ensuring exceptional service delivery.
  • Vice President of Accounts: Oversees the accounts department, guiding major client relationships and driving revenue growth across the organization.
  • Senior Vice President of Accounts: Holds the highest executive position for accounts, leading strategic initiatives, and ensuring the overall success of client relationships.
  • Executive Account Manager: Manages key accounts at an executive level, driving revenue growth and fostering long-term partnerships.

How to Learn

The Global Strategy Management Market; is expected to experience a significant Compound Annual Growth Rate (CAGR) of 13.9% from 2020 to 2029, with experts projecting its market value to reach US$ 4.57 Bn by 2029.
Strategic Management is an in-demand field with a wide range of job opportunities. According to Zippia, the employment prospects for this field are growing annually at a rate of 5%, with an estimated 16,000 new job openings available each year.