The Executive Director of Business Strategy is responsible for overseeing and guiding the strategic direction of an organization. This role involves collaborating with other executives to develop long-term business plans, analyzing market trends, and ensuring that strategic initiatives align with overall business objectives.
Key Responsibilities
Developing and implementing strategic initiatives
Analyzing market trends and competitive landscape
Collaborating with cross-functional teams to align strategy
Monitoring and evaluating the effectiveness of strategic initiatives
Advising the executive team on business opportunities and risks
Top Skills for Success
Strategic Planning
Market Analysis
Leadership
Financial Acumen
Communication
Career Progression
Can Lead To
Chief Strategy Officer
Chief Executive Officer
Transition Opportunities
Consultant
Advisor
Common Skill Gaps
Often Missing Skills
Advanced Data AnalyticsDigital Transformation
Development SuggestionsPursue courses in data science and digital technologies to enhance analytical capabilities and understanding of new business models.
Salary & Demand
Median Salary Range
Entry Level$120,000 - $150,000
Mid Level$150,000 - $200,000
Senior Level$200,000 - $300,000
Growth Trend
The demand for strategic business leaders is increasing, driven by the need for companies to adapt to rapidly changing markets and technological advancements.
Companies Hiring
Major Employers
AmazonGoogleMcKinsey & Company
Industry Sectors
TechnologyConsultingFinance
Recommended Next Steps
1
Network with industry professionals
2
Attend strategic leadership workshops
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