Business Strategy Executive

Key responsibilities  
Interact with Business Unit leaders and managers to provide consultative support to the development and implementation of the strategy;
Assist the Business Unit leaders to translate the Strategy into a strategy map, KPIs and initiatives;
Work with key stakeholders to ensure effective cascading and communication of the strategy to the rest of the organization;
Track the overall performance of the Business Unit against key strategic goals and targets;
Prepares strategic analysis reports and recommendations and ensures regular, timely and accurate reporting to key stakeholders (or on an ad-hoc basis when required);
Collect, analyse and track key business performance data across key performance indicators (based on the Balanced Scorecard framework) and highlights strategic issues;
Conduct regular strategy review meetings with key stakeholders within the Business Unit to discuss the Business Unit performance against the strategy and ensure that key strategic decisions are taken in a timely manner;
Follows-up, coordinate and ensure that all decisions made in the performance and strategy review meetings are executed by the respective owners;
Support ongoing strategy implementation and monitoring by ensuring timely collection, compilation, analysis, and reporting of data on key initiatives and suggests corrective action where required;
Support the Business Unit in the quantification and monitoring of strategic expenditure (STRATEX) required for the implementation strategic initiatives and prepares a business case for the viability of new initiatives or projects;
Provide industry trends and competitor benchmarking and identification of best practice and innovation both locally, regionally and globally;
Coordinate with the Finance Department to assist in the development of business plans for the Business Unit including providing inputs into the planning/forecasting process;
Facilitate change in the organization by supporting change management activities and providing training to staff on effective strategy development and execution processes;
Monitor and report on key strategic risks on a periodic basis, follows-up defined risk mitigation and prevention plans and coordinates with Risk and Compliance Department; and
Perform any other duties as may be assigned from time to time.
 
 
Key Performance Measures  
Development of robust and comprehensive strategy plans;
Accurate and timely delivery of strategic analysis and update reports;
Timely and effective delivery of strategic initiatives;
Effective cascading and communication of the strategy to all staff;
Alignment of Business Unit strategies to Group Strategy;
Effective stakeholder engagement and change management;
Periodic reviews and updating of the strategy through market research and innovation; and
Risk identification and mitigation.
 
 
Working relationships
 
The Business Strategy Executive Will Be  
Accountable to the Group Strategy Manager
Required to liaise and work closely with Business Unit and Departmental Heads and Managers
 
 
 
 
External Working Relationships  
Financial sector players
 
 
Knowledge, Experience And Qualifications Required  
Bachelor’s Degree in Economics, Business Administration, Finance, Actuarial or related field related fiel;
ACCA/CPA or CFA qualification (or part qualification) or other related field;
4-6 years’ experience in strategy development and implementation, business planning and analysis or in strategy consulting;
Certification in the Balanced Scorecard or Project Management etc. would be an added advantage; and
Proficiency in Microsoft Office tools (Excel, PowerPoint, Access, etc.)
 
 
Competencies
 
Technical skills;
 
 
 
Strong strategic analysis skills using all of the following various methods such as:
PESTEL/STEEP analysis
SWOT analysis
Porter’s Five Forces Framework
Ansoff Matrix
Value Chain Analysis
 
Excellent financial modelling and analysis skills including:
Scenario Planning and Forecasting
Sensitivity Analysis and Logical framework analysis
Cost-benefit analysis
 
 
Project management skills – preferably a formal project management qualification (e.g. Prince2)
 
Functional skills;  
Strong time and capacity management skills; able to work across the organisation on multiple projects simultaneously, managing expectations and prioritising workloads.
Adaptable to change; able to respond to shifting requirements and priorities
Well organised and structured approach to work with good attention to detail.
Excellent report writing and presentation skills
Demonstrable problem solving and critical thinking skills