Main Responsibilities and Required Skills for Strategy Analyst
A Strategy Analyst is a professional who defines and executes plans to attain company's strategic goals. They assess market opportunities and risks and identify and optimize processes for sales and strategy departments. In this blog post we describe the primary responsibilities and the most in-demand hard and soft skills for Strategy Analysts.
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Main Responsibilities of Strategy Analyst
The following list describes the typical responsibilities of a Strategy Analyst:
Achieve
Achieve high performance standards as an individual and team member.
Administer
Administer and create user logins as needed and assign user permissions and teams.
Analyze
Analyze and evaluate plans and initiatives to enable strategic recommendations and issue resolution.
Analyze and track adoption & establish an ongoing refresh cadence of all relevant content.
Analyze cost and service impact of fulfillment decisions.
Analyze data sets, create reports & dashboards.
Analyze promotional results and provide insight into category trends.
Assess
Assess capability gaps, determine solution options and approach, and define solution scope.
Assist in
Assist in project tracking and administration.
Assist senior team members in the research and development of white papers and industry reports.
Assist SF in meeting annual financial targets and executing strategic initiatives.
Assist the Mergers and Acquisitions team with new acquisitions.
Assist the Sales managers / supervisors in the preparation.
Assist with reporting activities related to corporate governance.
Attend
Attend client presentations to assist and support senior team members.
Benchmark
Benchmark credit portfolio performance.
Build
Build a broad network of relationships.
Build business valuation models.
Build change management plans of varying scope and type.
Build data cubes, dossiers, dashboard and reports.
Build effective client relationships to help the team meet or exceed client needs.
Build effective relationships with internal / external stakeholders.
Build executive presentations, crafting the messages for leaders in the region.
Build relationships with stakeholders across the company, including senior leaders.
Champion
Champion Advanced Analytics and Data Visualization.
Collaborate with
Collaborate with Business Process Support (BPS) on visualization and data analysis efforts.
Collaborate with fellow team members to ensure all project timelines are being met.
Collaborate with various teams in HR to improve the efficiency of their current processes.
Communicate
Communicate key insights to cross-functional stakeholders and senior leaders.
Communicate this view to associates in presentations and written reports.
Conduct
Conduct analysis to identify trends, measure success & demonstrate business impact.
Conduct effectively and prioritize and actively manage capacity.
Conduct market and company assessment studies independently with limited guidance and supervision.
Conduct research on product value perception and positioning to inform strategy development.
Conduct secondary research and provide industry specific recommendations.
Confirm
Confirm consistency of portfolio versus economic indicator movements.
Contribute to
Contribute to capital raising and strategic finance initiatives..
Coordinate to
Coordinate cross-organizational engagements including whiteboarding sessions and planning offsites.
Coordinate Investment Strategy efforts across the organization.
Coordinate the management of databases.
Craft
Craft potential roadmaps for strategic partnerships.
Create
Create and arrange the link between quotations and Business.
Create and contribute to Board reporting and documentation.
Create frameworks to tackle complex problems.
Create standardized templates and documentation around reporting.
Define
Define and execute the go-to-market strategy for the Cloud Solutions organisation.
Define financial situation by completing quantitative analyses.
Deliver
Deliver an outstanding client experience as it pertains to the industry group.
Design
Design / enhance standard reporting suites for regular product / portfolio reviews.
Design thinking frameworks and methodologies, e.g. Lean Six Sigma.
Develop
Develop a deeper understanding of Bank of America and key priorities for the firm.
Develop and automate reports in Excel, cleansing the data from multiple sources.
Develop and design portfolio reporting materials and presentations.
Develop a network of contacts within a sector.
Develop / build fraud forecast models leveraging inputs and drivers to improve accuracy.
Develop cross-functional leadership review materials to support fulfillment strategy.
Develop methods to track effectiveness of implemented programs.
Develop price recommendations to ensure compliance with policy.
Develop recommendations based on an understanding of the coverage universe and stakeholder needs.
Develop, recommend, implement and update policies, practices and standards.
Develop re-usable materials for strategic internal and external discussions.
Dig in
Dig in deep to research, analyze data charts and come up with great recommendations.
Drive
Drive and monitor compliance to target prices and pricing guidelines.
Drive greater efficiency, effectiveness, & capability in collaboration with functional leaders.
Drive improvements in our sales process and coverage model through scalable analytics.
Drive quantitative rigor in decision-making.
Engage
Engage and communicate effectively at all levels, internally and externally.
Engage in research across asset classes.
Ensure
Ensure alignment and integration of data in adherence with data governance standards.
Ensure compliance with internal procedures and government regulations.
Ensure continual improvement in the finance team and contribute to team OKRs.
Ensure performance reflects the status of the entire group.
Ensure solutions adhere to enterprise standards.
Ensure timely and complete action with all stakeholders.
Escalate
Escalate any issues proactively with due alternatives to avoid losing momentum.
Establish
Establish baselines for strategies and tracks actual performance to expectations.
Evaluate
Evaluate ongoing business performance against growth targets to support daily operations.
Evaluate optional plans by identifying outcomes and potential returns.
Evaluate pricing trends and recommend actions to ensure pricing meets Regional strategic objectives.
Evaluate solution performance once implemented for business usage and value as identified.
Evangelize
Evangelize analytical self-serve across the company as we make the AI transformation of the company.
Examine
Examine financial reports, organize data and collect material.
Execute
Execute network / supply chain design analysis, including cost and benefit sizing.
Execute on investor outreach campaigns.
Explore
Explore new investment ideas as guided by the Investment Strategy team and assists with modeling.
Facilitate
Facilitate meetings and presentations, managing the meeting pace and topics covered.
Facilitate meetings / dialogue on topics with the purpose to deepen the understanding on any topic.
Follow
Follow all schedule and Utility requirements as outlined within the training documents.
Follow-up
Follow-up on Sales related activities with customer care.
Follow-up with all delivery agent requests within 24 business hours.
Gather
Gather and review documentation requirements, architect content structure and populate.
Help
Help building standardised global and country level KPI dashboard and reports.
Help develop change management strategies and carry out change management activities.
Help develop testing strategies and acceptance testing plans.
Help with the preparation and scheduling of team-client meetings.
Highlight
Highlight emerging social, industry or economic risks.
Identify
Identify emerging issues and trends to inform decision-making.
Identify and assess appropriate analytic approach and method.
Identify and optimize processes for sales, strategy, and planning departments.
Identify areas of improvement and implement action plans.
Identify potential efficiencies to improve current planning and reporting processes.
Identify potential investor-driven research opportunities and product enhancements internally.
Implement
Implement automation of key results.
Implement key pricing & contracting processes and governance across the entire APAC region.
Improve
Improve the metrics to stakeholder satisfaction.
Inform
Inform Business Development's tracking of market trends and dynamics.
Input
Input investor requests into the Investor Database.
Intake
Intake new project requests, and prioritize, execute and launch project workstreams.
Join
Join and support various project portfolio projects.
Lead
Lead cross-functional operational excellence projects that have financial impact.
Lead internal consulting projects with individual companies.
Lead investigation, idea generation, and validation of green distribution technologies.
Lead or develop products definition with key partners.
Lead strategic projects cross-functionally across multiple initiatives and / or stakeholder groups.
Lead with courage, knowing the possibility of greatness is bigger than the fear of failure.
Maintain
Maintain competitor lens reporting.
Maintain detailed notes of ongoing conversations and ensure follow-ups as needed.
Maintain domestic and international dairy trends and business intelligence watch.
Maintain mastery of current and emerging social media listening platforms and tactics.
Manage
Manage high-visibility strategic projects.
Manage promotional calendars and negotiate vendor incentives.
Manage risks, leveraging support from and timely escalation if required.
Manage the client relationship in a professional and positive manner.
Manage these projects to implement solutions from start to finish.
Manage the work with high integrity and ability to inspire others.
Meet
Meet all delivery issues with resolution, escalated to Supervisor, Quality Assurance, if needed.
Monitor
Monitor and comply with call center standards.
Own
Own and enhance data-sources and data reporting to gain scale and address new requirements.
Perform
Perform ad performance analysis (post mortem) , both competitive and internal.
Perform analytics on multiple products such as Auto, RV, Boat, First.
Perform both quantitative and qualitative analysis leading to actionable insights.
Perform driven assessments & analysis to identify gaps & areas of opportunities.
Perform extensive industry and company analysis, data sourcing, creates and maintains models.
Plan
Plan and lead special projects to help grow the division.
Prepare
Prepare and distribute regular reports and insights on involuntary churn.
Prepare and update business review meeting decks for KCI Senior Management team.
Prepare presentation documents for senior management.
Prepare requirements package and communicates to stakeholders.
Prepare short, medium, and long-term forecasts on involuntary churn.
Present
Present ideas, recommendations and project results to senior leadership team and business partners.
Propose
Propose and implement mechanisms to trigger POP (profit optimization) and price increase programs.
Provide
Provide ad hoc analysis to support key business initiatives.
Provide executive-level summaries and implications analysis of industry news and events.
Provide feedback on and supports continuous improvement opportunities.
Provide insights proactively and on demand in an "advisory” capacity.
Provide key hiring expectation metrics and inputs to finance for forecasting and budgeting.
Provide market and sales trends and insights to the Incentive, Sales & Marketing Departments.
Provide project management.
Provide specialized consulting, analytical and technical support.
Provide summaries and follow-up on outstanding issues and assigned tasks.
Provide support to the program teams.
Provide troubleshooting assistance for users.
Research
Research effective sales strategies and seek to integrate them with the business atmosphere.
Research includes debt, economics, equity and fixed income research.
Respond to
Respond to client / sales queries.
Respond to team requests in a timely manner, meeting all team and project deadlines.
Review
Review of inbound opportunities for strategic fit.
Review survey questionnaires and links to ensure accuracy.
Schedule
Schedule and train end users on WorkBoard platform key modules.
Share
Share learnings and insights with the team to stay connected with industry trends.
Summarize
Summarize promotional forecasts and compare to actual results to identify opportunities.
Support
Support analytics and dashboarding for department , including BI dashboarding.
Support and collaborate with other internal market-oriented functions.
Support exploration of organic and inorganic growth opportunities and related M&A transactions.
Support Global Sales Programs COE team to support with analysis across a range of priority projects.
Support ongoing sales efforts with ad hoc POC data queries and analysis.
Support our business units with ongoing analysis and recommendations.
Support senior stakeholders in the planning and implementation of high visibility global initiatives.
Support special initiatives as requested by the ELT in support of the strategic vision.
Support team in fulfillment strategy development.
Support the business sector during solution rollout.
Support the development of board level presentations and reports.
Support tracking of department strategic initiatives.
Take
Take accountability for a project / program despite the project result.
Troubleshoot
Troubleshoot and improve existing reporting as required.
Use
Use data visualization skills, charts, graphs and other data models to bring your analysis to life.
Use intuition and experience to evaluate and resolve data and operational issues on the fly.
Welcome
Welcome effective dialogue and productive disagreement with minimal tension.
Work with
Work collectively with all resources in and outside and team.
Work cross-functionally to develop and implement actions to drive continuous improvement in KPI's.
Work cross functionally to support the adhoc requests of various teams within HR.
Work cross-functionally with the Network Optimization team to ensure optimal RTM.
Work in collaboration as a trusted partner to ensure that deliverables are clearly defined.
Work on ad-hoc strategic projects.
Work well in a team environment and adhere to high ethical standards.
Work with Finance to complete the quarterly forecast and annual budget process.
Work with OKR Executive Leader on broad-based OKR program.
Work with Technology and Operations to design and execute the strategy implementation.
Work with the Investment Strategy team to assess market opportunities and risks.
Most In-demand Hard Skills
The following list describes the most required technical skills of a Strategy Analyst:
Business
Mathematics
SAS
Statistics
Financial Services
Alteryx
Management Consulting
Most In-demand Soft Skills
The following list describes the most required soft skills of a Strategy Analyst:
Written and oral communication skills
Analytical ability
Interpersonal skills
Problem-solving attitude
Organizational capacity
Presentation
Team player
Attention to detail
Curious
Self-starter
Customer focused
Collaborative
Leadership
Multi-task
Quantitative
Confident
Creative
Action-oriented
Independent thinking
Self-motivated
