Strategic Planning Director directs and oversees an organization's strategic and long-range goal planning function. Drives strategic initiatives and supports the development of long-term growth plans and profitability goals. Being a Strategic Planning Director analyzes emerging industry trends, expansion opportunities, including mergers and acquisitions, competitive threats, the viability of outside business partners, and sources of capital. Establishes and retains relationships with industry analysts and the investment community. Additionally, Strategic Planning Director utilizes data-driven methodologies to analyze business performance metrics and process improvement options effectively. Develops reporting and tools to communicate strategic plans and concepts to leadership. Conducts periodic status reviews of organizational goals and objectives to identify roadblocks to progress. Requires a bachelor's degree. Typically reports to top management. The Strategic Planning Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Strategic Planning Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)
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ready to help us make the future?
The Senior Director of Strategic Planning will report directly
to the Chief Strategy Officer is responsible for leading and overseeing the
development and execution of the Strategic Planning (STRAP) process and
competitive intelligence initiatives for the enterprise. This position plays a
critical role in shaping the long-term strategic direction of Honeywell and
ensuring its competitiveness in the market.
Key Responsibilities:
1. Develop and implement the Strategic Planning (STRAP)
process:
Lead the development and execution of the annual STRAP process, working closely with senior leadership and business units to define strategic objectives, goals, and initiatives.
Facilitate the alignment of business unit strategies with the overall corporate strategy.
Monitor and track progress against strategic goals and initiatives, providing regular updates to senior leadership.
2. Conduct competitive intelligence analysis:
Gather and analyze market and competitor data to identify trends, opportunities, and threats.
Provide insights and recommendations based on competitive intelligence to support strategic decision-making.
Collaborate with cross-functional teams to develop strategies to maintain a competitive advantage in the market.
3. Drive strategic initiatives:
Lead and support the execution of strategic initiatives identified through the STRAP process.
Collaborate with business units to develop and implement action plans to achieve strategic objectives.
Monitor and evaluate the progress and impact of strategic initiatives, making adjustments as needed.
4. Foster collaboration and communication:
Build strong relationships with key stakeholders across the organization to ensure alignment and collaboration on strategic initiatives.
Communicate the strategic direction and progress to senior leadership, business units, and other relevant stakeholders.
Facilitate cross-functional collaboration and knowledge sharing to drive innovation and continuous improvement.
5. Stay updated on industry trends and best practices:
Stay abreast of industry trends, market dynamics, and emerging technologies that may impact Honeywell's strategic planning.
Benchmark and analyze best practices in strategic planning and competitive intelligence to drive continuous improvement.