Strategic Business Specialist
The Professionals
- Riyadh
- Permanent
- Full-time
- Contribute to the design and implementation of Strategy and Business Excellence policies and procedures covering all areas of activity
- Supervise day-to-day activities to ensure compliance with stipulated policies and procedures
- Identify opportunities for continuous improvement of systems and processes taking into account leading practices, changes in business environment, cost reduction and productivity improvement
- Establish working relationships with relevant internal and external stakeholders
- Collect feedback from internal and external stakeholders on issues being faced and other requirements
- Contribute to the preparation of progress reports directed to all relevant stakeholders to keep them informed of progress
- Actively gain exposure and insights to local market development, business opportunities and the existing regulatory landscape
- Attend related forums, seminars, etc. to enrich network and learn about the latest developments and opportunities
- Actively participate in on-the-job training, mentoring, and coaching of subordinates
- Provide clear direction, prioritize tasks, assign and delegate responsibility and monitor the workflow
- Promote a high-performance working environment embracing GASTAT’s values
- Review GASTAT's vision, mission, and aspirations and provide recommendations to clarify main organizational objectives and determine best approach to achieve goals
- Update GASTAT's mission, vision, and values, on a continuous basis, and communicate them with employees to ensure implementation across all practices and transactions
- Set GASTAT's strategic planning framework and methodology including tools, forms, guidelines and manage their implementation
- Conduct GASTAT's current state assessment, and identify the various external factors to detect existing challenges and gaps
- Coordinate with the Kingdom’s 2030 Vision programs to understand objectives and ensure that GASTAT strategic plan is aligned with the goals and orientations of the programs
- Manage strategic positioning activities that include identifying strategic issues / scope, reviewing research and benchmarking, and reviewing SWOT analysis, and provide required guidance when needed
- Develop methodologies to guide the design of GASTAT's strategic and annual business plans based on market analysis and research results
- Identify different course of actions for strategy formulation according to strategic analysis outcomes to orient the development of GASTAT's strategy and objectives
- Participate in the definition of overall strategic pillars in coordination with concerned stakeholders and lead the development of GASTAT's long-term strategy while ensuring alignment with strategic analysis input and applicable policies
- Manage the strategic initiatives development cycle which includes ideas incubation and conceptualization, business cases and assessments, initiative charter development, and funding strategy development ensuring alignment with strategic pillars
- Manage the cascading of strategic initiatives and objectives into GASTAT functions strategies and strategic objectives ensuring alignment with GASTAT's long-term strategy and strategic initiatives
- Provide support in the preparation of budget projections and expenditures analysis and provide recommendations to refine the budget allocation process and ensure all operations are within budget
- Facilitate strategy implementation by providing support in initiatives change requests and escalation of issues to ensure the realization of GASTAT's strategic objectives
- Develop performance monitoring framework, tools, forms, and guidelines to ensure consistent implementation
- Manage the strategy monitoring phase which includes developing reporting systems, tracking KPIs, extracting performance reports, assessing progress and impact of strategic initiatives, and formulating final recommendations / corrective action plans to address inefficiencies
- Review periodical strategic reports including strategic progress, action plans, risks, and mitigation plans to identify areas for improvement and provide guidance and recommendations
- Conduct workshops with Board of Directors and relevant stakeholders in order to discuss strategy performance and results and identify improvement opportunities to be implemented in next strategic planning cycle
- 6+ years of experience in a Strategy field
- Bachelor’s Degree in Business Administration or equivalent is required