Position Title:
Director of Strategy and Capabilities
Salary Range:
Director of Strategy and Capabilities (Grade 19, Exempt). Annual salary range: $154,400 – $193,000. This range reflects the minimum to midpoint of the grade. Salary may exceed the midpoint and will commensurate with experience.
Job Description Summary:
The Director of Strategy and Capabilities is responsible for setting the strategy, direction, and implements tactics for how Enterprise Solutions grows. This position will define the cross-functional capabilities that connect people, process, data, and technology to client value and revenue, and directing the teams that bring them to life.
Essential Duties and Responsibilities
- Lead the development and implementation of strategy, anticipating complex issues, challenges, and opportunities and ensuring integration with wider functional strategy.
- Develop tactical plans for optimizing resources and assets being managed within a significant area or department.
- Develop functional or operational policies and help develop policy frameworks for area of responsibility or department. Take responsibility for creating underlying procedures and monitoring their implementation.
- Participate in formulating the strategy and identifying, evaluating, and structuring key transactions to ensure continued financial health and maximum value creation through the entire product life cycle. Transactions may involve alliances, collaborations, mergers and acquisitions, in- and out-licensing initiatives, and other activities.
- Develop and propose annual business plans for a given area or department, ensuring alignment with strategy. Recommend financial and headcount budgets; propose business targets, for example, revenues or other key performance indicators (KPIs); and schedule key activities/projects, ensuring integration with other elements of the organization.
- Make authoritative recommendations about technical or professional solutions that would significantly improve organization performance.
- Identify and communicate the actions needed to implement the function's strategy and business plan within the business area or department; explain the relationship to the broader organization's mission, vision, and values; motivate people to commit to these tenets and do extraordinary things to achieve local business goals.
- Guide a midsize team to align around decisions informed by the integration of diverse perspectives, handling conflicts that may arise from the various ways in which people are different.
- Develop stakeholder engagement by identifying stakeholders; by finding out their needs, issues, and concerns; and by reacting to these needs, issues, and concerns to support the communication of business information and decisions.
- Develop and/or deliver elements of a strategic planning system with guidance from senior colleagues.
- Manage budget plans for a department. May involve development or delivery or both.
- Manage and report on the performance of a substantial, diverse team; set appropriate performance objectives for direct reports or project/account team members and hold individuals accountable for achieving them; take appropriate corrective action where necessary to ensure the achievement of team/personal objectives.
- Use the organization's formal development framework to identify the team's individual development needs. Plan and implement actions, including continuing professional development specified by professional or regulatory institutions, to build their professional capabilities. Provide informal training or coaching to others throughout the organization in own area of expertise to enable others to improve performance and fulfill personal potential.
- Other duties as assigned.
Additional Job Description:
Education
Bachelor’s in a related field OR a combination of post-secondary training, professional education, and related experience equivalent to four (4) years.
Experience
Nine (9) years of demonstrated experience in strategic planning, strategic initiatives management, solution development, P&L management, business development, or related roles; of which the total years of experience include:
- Public speaking and presentation experience
- Budget design and management experience
- Experience creating digital strategies
- Business Consulting and Strategy work
- Seven (7) years demonstrated supervisory/leadership experience
Managerial Experience
Experience of planning and managing resources to deliver predetermined objectives as specified by more senior managers (Over 3 years to 6 years)
Location:
- This is a remote position, and is subject to Sourcewell's telecommuting policies and procedures.
- Must be able to meet travel requirements for this position, which is approximately eight (8) times per year including occasional travel to Staples, MN for meetings, professional development or team activities. Notice will be given ahead of time.
Full Time/Part Time:
Full time
Position Type:
Regular
Scheduled Hours:
40
At Sourcewell, collaboration, respect, and belonging are the core of who we are. We believe in giving back to the community, offering paid volunteer time for staff, and supporting one another to do our best work. We’re proud to have been recognized by Top Workplaces, the nation’s leading employer recognition program, annually since 2016.
Our values:
Seek. Be curious.
Empower. Be accountable and liberate others.
Impact. Be a difference maker.
