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 create short- and long-term solutions to financial issues and operational issues 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

With 6-9 years of experience as a Director of Strategic Planning in the United States, you will have the following main responsibilities:

  • Develop comprehensive strategic plans to align with organizational objectives, utilizing market research and trend analysis.
  • Lead cross-functional teams in the execution of strategic initiatives, ensuring effective communication and collaboration.
  • Monitor and evaluate key performance indicators, identifying areas for improvement and recommending actionable strategies.
  • Provide strategic guidance to senior management, advising on market trends, competitive intelligence, and opportunities for growth.

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

Skills That Affect Director of Strategic Planning Salaries

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

Program or Project Management

3%

Financial Analysis

3%

Process Management

11%

Business Strategy

13%

Program Management

6%

Strategy

14%

Branding

11%

Strategic Planning

3%

Data Analysis

3%

Career Prospects

The role of a Director of Strategic Planning is crucial in driving organizational growth and success. For professionals with 6-9 years of experience in the United States, there are several alternative roles worth exploring. Here are following options to consider:

  • Business Development Manager: A position that involves identifying growth opportunities, establishing partnerships, and expanding the company's market presence.
  • Operations Manager: A role focused on optimizing processes, improving efficiency, and ensuring smooth operations across different departments.
  • Marketing Manager: A position that entails developing and executing strategic marketing campaigns, building brand awareness, and driving customer engagement.
  • Product Manager: A role that involves leading the development and launch of new products, conducting market research, and collaborating with cross-functional teams to drive product success.

How to Learn

The role of Director of Strategic Planning is expected to experience significant growth in the United States job market. Over the past 10 years, there has been a steady increase in demand for professionals in this field. According to recent data from Google, the projected growth rate for the position is expected to be higher than the average rate for all occupations. This growth can be attributed to the increasing importance of strategic planning in businesses, as companies strive to remain competitive in a rapidly changing market. As a result, there will be a substantial number of employment opportunities available in the future for individuals in this role.