Description

Director of Strategic Planning is an executive position, working mostly with the company's top management. Directors provide top-level direction on the strategic plan of the company and consult with the company's leaders and presenting about the company's past and projected performance. They can work with directors of several department within the organization (including marketing, finance supply, legal, and finance) as well as company vendors and with other companies (to create successful joint business ventures).

Directors of strategic planning should be able to build teams for the specific projects they manage and must be capable of preparing plans for business acquisitions and for development. They also review the existing plans for business to increase their effectiveness and also develop short-term and long-term solutions to financial issues and problems that relate to operational aspects within the organization. Director of Strategic Planning typically work full-time in a workplace however, overtime could be needed to accommodate the range of professionals with whom they collaborate. It is possible to travel to meet with representatives or vendors of other businesses.

A bachelor's degree or a master's degree in a related area is usually required for this job, and at minimum five years of experience in the field. Director of Strategic Planning should be able to handle complicated spreadsheets and data sets to evaluate business requirements and develop. They should be able to comprehend the complexities of financial plans as well as financial reports. Experience using Oracle Financial Suite and/or other relevant software might be required in addition.

Roles & Responsibilities

As a Director of Strategic Planning with 3-6 years of experience in India, your main responsibilities include:

  • Develop and implement strategic plans to drive organizational growth and competitiveness. Create and execute strategic plans that align with the company's goals and enhance its market position.
  • Conduct market research and analyze industry trends to identify opportunities and potential risks. Gather and analyze data to gain insights into the market, competitors, and customer behavior, enabling informed decision-making.
  • Collaborate with cross-functional teams to align business objectives and drive strategic initiatives. Work closely with various departments to ensure coordinated efforts in achieving strategic goals and fostering organizational alignment.
  • Evaluate and optimize existing business strategies and processes to enhance efficiency and effectiveness.

Qualifications & Work Experience

For the Director of Strategic Planning job role, the following qualifications are required:

  • Proven experience in strategic planning and execution, demonstrating the ability to develop and implement long-term organizational strategies to drive growth and achieve business objectives.
  • Strong analytical and problem-solving skills to assess market trends, perform competitive analysis, and identify opportunities and risks that inform strategic decision-making.
  • Excellent leadership and interpersonal skills to effectively collaborate with cross-functional teams and lead strategic initiatives across the organization.
  • Exceptional communication and presentation abilities to articulate complex ideas and strategies to both internal stakeholders and external partners.

Essential Skills For Director of Strategic Planning

1

Program or Project Management

2

Financial Analysis

3

Business Development

4

Strategic Planning

Career Prospects

The role of Director of Strategic Planning is crucial for driving organizational success and growth. With 3-6 years of work experience in India, professionals with this background can explore alternative roles that align with their expertise and career goals. Here are four options to consider:

  • Business Development Manager: A role that involves identifying and pursuing growth opportunities, building partnerships, and expanding market presence.
  • Marketing Manager: A position focused on developing and executing marketing strategies, conducting market research, and driving brand awareness.
  • Product Manager: A role that entails managing the entire lifecycle of a product, from conceptualization to launch, and ensuring its success in the market.
  • Operations Manager: A position that involves streamlining processes, optimizing resource allocation, and enhancing overall operational efficiency.

How to Learn

The job role of Director of Strategic Planning in India is expected to witness significant growth in the market. Over the past 10 years, there has been a steady increase in the demand for this position. With India's burgeoning economy and increasing globalization, companies are recognizing the importance of strategic planning for sustained growth and competitiveness. As a result, there will be a substantial number of employment opportunities available in the future for individuals pursuing this role. This is supported by Google's latest data, which highlights the rising demand for strategic planning professionals across various industries in India.