Description

Strategy managers look at company goals and figure out concrete, realistic methods for achieving the goals. Often, strategy managers are also involved in the formulation of the goals themselves, which means they can assist executives in deciding which goals are realistic and most beneficial for the company.

Once companies decide upon their goals, strategy managers begin developing plans that include staffing and funding allocations, as well as smaller objectives and milestones; then, managers assign tasks to various departments. Strategy managers are responsible for the ongoing coordination of all objectives and projects, ensuring that they work in concert toward the common goals. This means that strategy managers create a system of communication among various groups; they often spend time traveling among various offices and groups to assess their progress.

The two most important attributes that strategy managers must possess are analytical and organizational skills; they use these abilities to analyze company goals, break them into sequential, achievable objectives, assign them to various groups, and track progress. Time management is also critical, as is flexibility and the ability to adapt. Communication abilities are also key, as strategy managers are in constant communication with various groups as they coordinate activities.

Companies often require strategy managers to hold at least a bachelor’s degree in finance, mathematics, statistics, or business, and prefer a related master’s degree. Strategy managers usually have five or more years’ experience in a related role as well.

Roles & Responsibilities

As a Strategy Manager with 0-3 years of experience in Singapore, your main responsibilities include:

  • Conducting market research and competitor analysis to identify strategic opportunities for the organization's growth. Gather and analyze market data, trends, and customer insights to inform strategic decision-making.
  • Assisting in the development of strategic plans and initiatives to achieve the company's objectives. Collaborate with cross-functional teams to formulate and implement strategic initiatives.
  • Supporting the execution of strategic projects and initiatives, monitoring their progress and ensuring timely completion. Track project milestones, provide regular updates, and identify and mitigate any risks or issues.
  • Contributing to the evaluation of business processes and recommending improvements to enhance operational efficiency.

Qualifications & Work Experience

For a Strategy Manager job role, the following qualifications are required:

  • Strong strategic thinking and problem-solving skills to analyze complex business scenarios, identify opportunities, and develop effective strategies.
  • Exceptional leadership abilities to lead cross-functional teams and drive the implementation of strategic initiatives.
  • Extensive experience in conducting market research and competitive analysis, with the ability to translate insights into actionable strategic plans.
  • Excellent communication and presentation skills to effectively communicate strategies and influence stakeholders at all levels of the organization.

Essential Skills For Strategy Manager

1

Business Strategy

2

Strategic Planning

Skills That Affect Strategy Manager Salaries

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

Business Strategy

3%

Strategic Planning

3%

Career Prospects

The role of a Strategy Manager is crucial in shaping a company's strategic direction and achieving its goals. However, for individuals with 0-3 years of work experience in Singapore, there are alternative roles to explore. Here are following options:

  • Business Analyst: This role involves analyzing business data, conducting market research, and providing insights to support decision-making.
  • Project Coordinator: A position focused on coordinating and managing various projects within an organization, ensuring timely completion and effective execution.
  • Marketing Associate: A role that involves assisting in the development and implementation of marketing strategies, campaigns, and initiatives to promote the company's products or services.
  • Operations Specialist: This position focuses on optimizing operational efficiency and improving processes within the organization, ensuring smooth day-to-day operations.

How to Learn

The role of Strategy Manager in Singapore is projected to experience strong growth in the market. Over the past 10 years, the job role has exponentially expanded, reflecting the increasing importance of strategic planning in organizations. With the rising emphasis on strategic thinking, the demand for Strategy Managers is anticipated to continue growing substantially in the coming years. The job market is expected to offer a significant number of employment opportunities in this field, creating favorable conditions for individuals seeking career advancement as Strategy Managers in Singapore. The projected growth in this position indicates a promising outlook for professionals in the strategic management domain.