Director of Strategy Job at Samsung Electronics
Position Summary
Reports to:
Executive Director, Strategy & Communications
Reporting Location:
85 Challenger Road, Ridgefield Park, NJ (Hybrid Schedule Required)
Travel Required:
Up to 10% travel
Making the future is everyday life at Samsung. We’re seeking innovators who are called to not just change the world, but build a better one. We enable the best technology hardware on the planet, but our best is always a prototype for something better and our people thrive with a driven mindset – better builds on better. We believe that innovation and growth are driven by an inclusive culture and a diverse workforce. We aim to create a global team where everyone belongs and has equal opportunities, inspiring our talent to be their true selves. Together, we are building a better tomorrow for our customers, partners and communities.
Position Overview:
The Strategy & Communications organization provides critical market, competitor and business insights to Top Level Executives using analytics, ensures cross-functional alignment of goals and execution, and helps teams drive strategic initiatives forward. Our team stays focused on aligning company priorities with effective day-to-day operations, and utilizes data to inform strategy and decision making across the Consumer Electronics (CE) Division.
The key role of Business Strategy Director is to support top management to define the corporate/business division strategy and to translate into concrete initiatives, business plan and priorities. As a core member of strategy team, this role needs to closely work with the Division leaders, but also across cross functional teams to ensure strategic initiatives are in line with Samsung Global and Samsung Electronics America medium-and long-term strategy.
Role and Responsibilities
Responsibilities and Duties:
Lead Strategy Development:
- Develop and advise comprehensive annual and multi-year business strategy across various Consumer Electronics product categories and Accessories) with an in-depth outlook on market dynamics and plan for growth
- Organize and facilitate the end-to-end CE Division strategy & planning process including 1) CE Division medium and long term strategic plan, 2) execution plans and target allocation 3) budget approvals 4) execution review and results tracking. In addition to the annual planning cycle, continuously work with business teams to monitor/propose new or critical initiatives
Provide Strategic Analyses & Thought Leadership to Top Management:
- Support and apply in-depth strategic insights and thought leadership on electronics industry, channel, and consumer trends
- Provide business updates, KPI dashboards and preparing strategic business presentations to both local and global leadership
- Monitoring key market developments that can influence SEA business (competitor, macroeconomic, etc.)
- Extracting insights from open (media reports, market reports, government data, expert interviews) and internal sources (business performance and P&L reports, etc.)
- Data analytics financial, macroeconomic) and variance analysis
- Data synthesis and interpretation (assessing key change drivers)
- Data forecasting (e.g., using regressions, predictive modeling)
- Preparing C-level reports communicating findings in a succinct and visual manner
Lead Executive Communications
- Drive all Executive Communications for the Strategy team through working with Top Management to develop best in class presentation and communication materials
- Mentor and guide junior Managers to ensure successful delivery of all Executive communication and continuous relationship building with Executives
Manage Large Scale Strategic Projects from Concept to Launch
- Lead and facilitate cross-divisional projects on key strategic issues based on senior management request
- Create business cases, financial analyses, and ROI assessments based on understanding of SEAs capabilities, financial principles, and strategic insights
- Develop new frameworks/best practices to strategically utilize data to drive new market assessment, demand & forecasting projects
Skills and Qualifications
Background/Experience Required:
- Typically requires a minimum 12 years of related experience and a Bachelor's degree, or 10 years and a Master's degree, or a PhD with 7 years’ experience.
- Leads small teams of professionals with limited control over budget spending or HR management such as recruiting or dismissal and supervises mentoring and coaching for team members.
- Enhances or Improves methods or procedures and provides coaching to team members to ensure successful outcome.
- Very strong verbal and written communication skills and facility for establishing relationships cross-functionally and cross-divisionally
- Strong presentation skills demonstrating the ability for effective story telling
- Demonstrates extensive knowledge of, and/or success in operations roles within a professional services firm or corporate environment, helping companies to identify, clarify and resolve complex issues critical to their strategic and operating success
- Has expertise in most or all job areas within a job family.
- Acts independently to determine methods and procedures on new or special assignments.
- Expert in Excel and experience with developing macros and automation in excel
- Experience with Business Intelligence tools like Tableau or Adobe Analytics a (certification in Tableau a plus).
- Previous People Leadership experience required. Will manage a team up to 6 direct reports.
#LI-MR1
At Samsung, we believe that innovation and growth are driven by an inclusive culture and a diverse workforce. We aim to create a global team where everyone belongs and has equal opportunities, inspiring our talent to be their true selves. Together, we are building a better tomorrow for our customers, partners, and communities.
- Samsung Electronics America, Inc. and its subsidiaries are committed to employing a diverse workforce, and provide Equal Employment Opportunity for all individuals regardless of race, color, religion, gender, age, national origin, marital status, sexual orientation, gender identity, status as a protected veteran, genetic information, status as a qualified individual with a disability, or any other characteristic protected by law.
Reasonable Accommodations for Qualified Individuals with Disabilities During the Application Process
Samsung Electronics America is committed to providing reasonable accommodations for qualified individuals with disabilities in our job application process. If you have a disability and require a reasonable accommodation in order to participate in the application process, please contact our Reasonable Accommodation Team (855-557-3247) or SEA_Accommodations_Ext@sea.samsung.com for assistance. This number is for accommodation requests only and is not intended for general employment inquiries.
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