Description

Vice presidents (VP) of strategy delegate and review research on their target markets and create reports of which areas their company should pursue for further development. These VPs also lead their companies in deciding upon acquisitions, joint ventures, customer marketing, and financial modeling, and many are responsible for developing annual and multi-year strategies which outline the company's course to follow for years to come.

VPs of strategy often lead a team of customer research specialists, so strong management and leadership skills are of the utmost importance. They work very closely with other upper-management employees of their company and report directly to the company's president. Travel is often necessary in order to pursue new business ventures and meet with representatives from other companies to investigate these opportunities.

Requirements for the position may be strict. A four-year college degree is a minimum requirement, and most employers prefer candidates with advanced degrees. Many years of work experience, including five or more years in a management position, may also be required. Important skills include communication, knowledge of computer analytic software, and some background in data visualization.

Roles & Responsibilities

As a Vice President VP, Strategy with 3-6 years of experience in Singapore, your main responsibilities include:

  • Develop and implement the company's strategic initiatives, aligning them with business objectives and market trends. Conduct in-depth market analysis and competitor research to identify growth opportunities.
  • Collaborate with cross-functional teams to formulate and execute strategic plans. Facilitate effective communication and coordination between departments to ensure smooth execution of strategic initiatives.
  • Monitor key performance indicators KPIs and performance metrics to evaluate the effectiveness of strategies. Regularly analyze data and provide insights to drive informed decision-making.
  • Identify and address operational inefficiencies and barriers to growth.

Qualifications & Work Experience

For a Vice President (VP), Strategy job role, the following qualifications are required:

  • The VP, Strategy must possess the expertise to develop and execute effective strategic plans that align with the organization's goals and drive growth. They should have a track record of analyzing market trends, identifying opportunities, and making data-driven recommendations.
  • This role requires the ability to lead and inspire cross-functional teams, providing clear direction and guidance. The VP, Strategy should have experience in managing a diverse team, fostering collaboration, and delivering results within a dynamic and fast-paced environment.
  • Effective communication is essential in this role to influence and engage stakeholders at all levels of the organization. The VP, Strategy should be confident in presenting strategic insights, recommendations, and business cases to senior executives and board members.
  • A deep understanding of business operations, financial analysis, and forecasting is crucial for the VP, Strategy.

Essential Skills For Vice President (VP), Strategy

1

Strategy Implementation

Skills That Affect Vice President (VP), Strategy Salaries

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

Strategy Implementation

18%

Career Prospects

The role of Vice President VP, Strategy is an important position that requires 3-6 years of work experience in Singapore. For professionals in this field who are looking for alternative roles to explore, here are following options to consider:

  • Business Development Manager: A role that involves identifying and pursuing new opportunities for business growth, building strategic partnerships, and conducting market research.
  • Product Manager: A position focused on developing and managing a portfolio of products, including market analysis, product strategy, and launch planning.
  • Management Consultant: A role that entails providing strategic advice and solutions to clients, conducting research and analysis, and supporting business transformation initiatives.
  • Operations Manager: A position focused on optimizing operational efficiency, streamlining processes, and implementing strategic initiatives to improve overall organizational performance.

How to Learn

The role of Vice President (VP), Strategy in Singapore is expected to witness steady growth in the market. According to a 10-year analysis, this job role is projected to experience an upward trajectory with increasing demand and opportunities. With the evolving business landscape and growing importance of strategic decision-making, the need for skilled professionals in this position is likely to surge. The future holds promising prospects for VP, Strategy roles, and a substantial number of employment opportunities are expected to emerge in Singapore.