Business Strategy Officer

We are recruiting to fill the position below:

Job Title: Business Strategy Officer

Location: Isolo, Lagos
Employment Type: Full-time

Job Summary

• The Business Strategy Officer is responsible for developing, implementing, and monitoring strategic initiatives that drive organizational growth, operational efficiency, and long-term sustainability. The role involves conducting market research, analyzing business performance, identifying growth opportunities, supporting executive decision-making, and collaborating with cross-functional teams to ensure the successful execution of strategic objectives.
• The ideal candidate should possess strong analytical, problem-solving, project management, and communication skills, with the ability to translate data into actionable business strategies.

Key Responsibilities
Strategic Planning and Execution:

• Support the development and implementation of the organization’s short-term and long-term strategic plans.
• Conduct strategic analyses to identify business opportunities, risks, and areas for improvement.
• Monitor the execution of strategic initiatives and track progress against organizational goals.
• Review and evaluate the effectiveness of business strategies and recommend adjustments where necessary.
• Collaborate with senior management to align departmental objectives with corporate strategy.

Business Analysis:

• Analyze internal and external business data to identify trends, opportunities, and challenges.
• Conduct financial and operational analyses to support strategic decision-making.
• Evaluate business performance using key performance indicators (KPIs) and prepare actionable insights.
• Perform competitor benchmarking and industry analysis.
• Identify operational inefficiencies and recommend process improvements.

Market Research and Intelligence:

• Conduct market research to identify emerging trends, customer needs, and competitive dynamics.
• Gather and analyze data on industry developments and regulatory changes.
• Monitor competitors’ products, pricing, partnerships, and market positioning.
• Prepare market intelligence reports for management review.
• Recommend strategies to improve market share and competitive advantage.

Business Development Support:

• Identify and evaluate new business opportunities, partnerships, and expansion initiatives.
• Assist in preparing business cases, feasibility studies, and investment proposals.
• Support negotiations and relationship management with strategic partners.
• Participate in the development of new products, services, or market entry strategies.

Project Management:

• Coordinate strategic projects from planning through implementation.
• Develop project timelines, milestones, and performance metrics.
• Monitor project progress and address issues that may affect delivery.
• Collaborate with internal departments to ensure successful project execution.
• Prepare project status reports for management.

Performance Monitoring:

• Develop and maintain strategy dashboards and performance reports.
• Monitor organizational KPIs and identify performance gaps.
• Provide recommendations to improve productivity, profitability, and efficiency.
• Conduct periodic reviews of business objectives and outcomes.

Policy and Process Improvement:

• Assist in developing and reviewing organizational policies and strategic frameworks.
• Recommend process improvements to enhance operational effectiveness.
• Support change management initiatives across departments.
• Promote best practices in business planning and execution.

Stakeholder Engagement

• Collaborate with department heads to ensure alignment with strategic priorities.
• Prepare presentations, reports, and briefing materials for executive meetings.
• Facilitate strategy review sessions and cross-functional workshops.
• Build and maintain productive relationships with internal and external stakeholders.

Risk Assessment

• Identify strategic and operational risks that may impact business objectives.
• Conduct risk assessments and recommend mitigation strategies.
• Monitor external factors that could affect organizational performance.
• Support business continuity and contingency planning initiatives.

Reporting and Documentation

• Prepare periodic strategy reports for executive leadership and the Board where applicable.
• Document strategic initiatives, business cases, and implementation plans.
• Maintain accurate records of strategic projects and performance reviews.
• Ensure confidentiality of business information and strategic plans.

Other Duties

• Participate in organizational planning sessions and management meetings.
• Represent the organization in strategic engagements when required.
• Perform any other duties assigned by management in line with the role.

Key Performance Indicators (KPIs)

• Achievement of strategic project milestones.
• Timely delivery of business analysis and reports.
• Improvement in organizational performance metrics.
• Identification and implementation of cost-saving or revenue-generating initiatives.
• Accuracy and quality of strategic recommendations.
• Completion of market research and competitor analysis reports.
• Stakeholder satisfaction with strategic support provided.
• Successful execution of cross-functional strategic initiatives.
• Compliance with reporting timelines and documentation standards.

Qualifications

• Bachelor’s Degree in Business Administration, Economics, Finance, Strategic Management, Marketing, or a related field.
• A Master’s degree (MBA or related discipline) is an added advantage.
• Professional certifications in strategy, project management, or business analysis (e.g., PMP, CBAP, Lean Six Sigma) are desirable.

Experience

• 3–5 years of experience in business strategy, corporate planning, management consulting, business analysis, or a related role.
• Experience in developing and implementing strategic initiatives.
• Proven track record of conducting market research and business performance analysis.

Required Skills and Competencies:
Technical Skills:

• Strategic planning and execution.
• Business and financial analysis.
• Market research and competitive intelligence.
• Data analysis and interpretation.
• Project management.
• Budgeting and forecasting.
• Report writing and presentation development.
• Advanced proficiency in Microsoft Excel, PowerPoint, and business intelligence tools.
• Familiarity with ERP systems and performance management frameworks is an advantage.

Soft Skills:

• Excellent analytical and critical thinking skills.
• Strong problem-solving and decision-making abilities.
• Exceptional written and verbal communication skills.
• Strong organizational and time management skills.
• Ability to manage multiple priorities and meet deadlines.
• High attention to detail and accuracy.
• Leadership and collaboration skills.
• Adaptability and a proactive approach to change.
• Ability to maintain confidentiality and professionalism.