Head - Strategy & Transformation - IIT/IIM

Job Purpose:

The role Strategy & Transformation will be responsible for ensuring depth and speed in the strategy development and milestone-based execution, up to and including the enabling vectors (organizational structures, People, Systems, Rewards, etc.).

Specifically, the role will:

- Participate in and support development of long-term Group and entity strategies, including functional strategies, as and when needed

- Ensure reflection of strategy into organizational structure, top team competencies, systems, processes, governance, and metrics

- Explore new business models and growth opportunity

- Support prioritisation of business opportunities

- Carry out risk assessment of existing based on new technologies and trends

- Develop a network of external experts that can be leveraged for support in strategic problem solving

Key Accountabilities & Outcomes:

Key Accountability Major Activities/Tasks

Strategy Development:

- Support in development and evolution of corporate strategy in line with market trends, customer needs, and long-term business goals

- Lead annual and long-term strategic planning processes and scenario modelling

- Explore backward/forward integration to strengthen the value chain

- Support development of key enablers

- Ensure reflection of strategy into organizational structure, top team competencies, systems, processes, governance, and metrics

- Drive a culture of agility, innovation, and strategic thinking enterprise-wide

- Champion data-driven decision-making across the organization

- Lead communication and engagement plans for major strategic shifts or restructures

Strategy Custodianship:

Monitoring:

- Set strategic KPIs and ensure performance tracking through dashboards and governance

- Collaborate across departments to ensure strategy execution is aligned and resourced

Evaluation:

- Report deviations from strategic plans in execution and the root -cause analyses thereof

- Expedition: Actively support the management teams in expediting strategy execution through

- facilitating a point-solution in cases where strategy exists, but the context might have changed and /or execution is not working

- co-creating solutions for entities in case of new-to-entity skills/ capabilities required as part of long-term strategy

Group Market Intelligence:

- Identify new business models, market opportunities, and digital transformation initiatives

- Conduct market, competitor, and customer analyses to inform strategic decisions

Stakeholder Management:

- Act as a strategic thought partner to the CEO, CFO, and other executives

- Build relationships with external stakeholders, including regulators and industry bodies

Work Relations ( Internal and External):

Internal Relations External Relations

- Senior Group and Entity leadership - Consulting firms

- Strategy teams across entities - Subject Matter Experts

- Functional teams - Industry Bodies

Key Dimensions:

Financial Dimensions People Dimensions

NA 1 direct FTE with dotted line relationship with Entity strategy teams

ACHIEVEMENT PROFILE:

Education Qualifications / Background:

- Masters degree in strategy, or related field IIT/IIM

Relevant and Total Years of Experience:

- Minimum of 18 years of experience in strategy formulation and execution, preferably in the chemicals industry

- Demonstrated success in developing and executing strategies

- Strong understanding of chemicals sector

- Experience working with and through cross-functional teams and external partners

Technical/Functional Expertise:

- Proficiency in consulting tools and frameworks

- Ability to develop long-term strategies and execution while adapting to changing market conditions

- Good understanding of both GTM and cost-efficiency strategies

Behavioural Competencies:

- Proven leadership skills to manage indirect teams and drive strategic initiatives

- Innovative mindset to develop unique concepts and strategies

- Excellent verbal and written communication skills

- Strong analytical abilities to interpret data