Strategic Planner Duties and Responsibilities

Strategic planners participate in business strategy planning for medium and large companies. Strategic planners need to know all aspects of the employer's business and part of their responsibility is to make strategic recommendations for top decision makers. Most medium-sized companies and large corporations employ strategic planners, so hiring in almost any industry is possible. Regardless of industry, strategic planners need to be an expert in their industry to make strategic recommendations. Strategic planners work in a traditional office setting and often wear professional business attire. They have normal office hours but may work late into the night during peak hours in their factory.

The role of the strategic planner is a clear level of entry level. After several years of experience and a proven track record, you can be promoted to Advanced Strategic Planner to lead your team. Most companies have a VP for Strategic Planning that oversees the strategy team. According to the Bureau of Labor Statistics, the need for management analysts, including strategic planners, will increase by 12 percent by 2026.

Strategic Planner Duties and Responsibilities

There are many different activities involved in creating a solid business strategy. Our analysis of job advertisements reveals the following key functions of strategic plans:

Do market research

Strategic planners work with market researchers to conduct market research as part of the development of business strategies. This often involves developing a data collection strategy, data collection, and analytics.

Analyze industry trends

Strategic planners need to keep up with the latest trends in the industry in order to be aware of the strategies they are dealing with in their customers.

Conduct financial analysis

Strategic planners create and analyze financial and budget reports to make strategic recommendations based on the company’s financial health. This includes working with financial analysts for large corporations.

Analyze sales performance

Strategic planners have their fingers on sales metrics and performance indicators to determine if their business strategies are effective. If the results are not as expected, they are responsible for making changes.

Use analysis to create business strategies

Strategic planners use their analysis to design business strategies.

Introduce suggested business strategies to decision makers

Finally, strategic planners present their business strategy to decision-makers.

Read More: operations engineer job description