Get CollegeDekho
Mobile App
 Live Help
 0141-3990699
Login
Signup
Institutes
Courses & Exams
News & Articles
Before     On or after

Career Guide to Become a Strategic Planner

July 26, 2016 05:24 PM 4 minute read , Management - BBA / MBA / Diploma , Management Development Institute (Gurgaon) , Indian Institute of Management (Kozikode) , Jaipur National University

Career Guide to Become a Strategic Planner

The very basic job of a strategy planner is strategic planning. Strategic Planning consists of gathering information both from internal and external sources, analysing all the gathered information and then organising it in such a manner that it leads to growth and profitability of the company despite of rising competition and constant change.

All of this is done by tracking the industry demand and competitive trends, spot rising opportunities and business threats, predicting the future and taking required actions to make it favourable for the company.

It involves skill full understanding of the organisation’s current market strategy, its past and what lies for it in the future. As a strategic planner, most of the work is done with the help of common sense and “gut feel”.

The job of a strategic planner is one of the most desirable jobs in the industry. It is not hard to find a strategic planner taking up the position of CEO as his next job as they are familiar with the overall organisation and its working.

Also Read: A Career in Operations Management

What do you do as a strategic planner?

  • As you enter from level zero, your first job is of strategic planning associate or manager. One of the many tasks include working on assignments directed by the senior members of your group which involve collecting data, making presentations and understanding the issues and problems.
  • As you move ahead in your job, you are given a chance to take part in the strategic planning process. You will interact with your senior managers and put forward ideas on basis of your understanding.
  • As you advance according to your performance in the organisation, you will be among the top strategic management planners. Apart from giving assignments to your juniors, you will be responsible for various decisions taken by the company. Being in the top level, you need to familiarise yourself with the budgeting process i.e the FP&A (Financial Planning and Analysis).


Educational Qualification:

Job of a strategic planner is a very desirable job and hard to find. Most of the companies hire strategic planners with some previous consulting experience. But that does not mean you cannot find that job as a fresher. Many companies recruit employees who have been one of the brightest and top performing candidates in their MBA programme.

Also Read: Your Guide to a Career in Entrepreneurship in India

Skills Required:

  • Communication Skills
  • Analytical skills
  • Willing to work for long hours
  • Understanding ability
  • Business Judgement
  • Self Confidence
  • Multifunctional
  • Leadership Ability
  • Decisiveness
  • Listening Skills
  • Research Skills
  • Problem Solving Ability

Popular Colleges in India offering MBA in Strategic Planning:

Average salary of a strategic planner:

The job of strategic planners, strategic managers, and strategic consultants pays a handsome salary and also gives you an opportunity to rise in position as well. After a job as a strategy planner, one can also become the CEO of the company as he/she is already familiar with the ins and outs of the business.

According to a survey conducted by payscale.com, one of India’s leading survey conducting website, following is the average salary earned by a strategic planner at different posts:

Position National Salary Data
Business Development Manager Rs 645,336
Strategic Planning Manager

Rs 1,061,384

Strategy Manager

Rs 1,133, 829

General/ Operations Manager

Rs 1,200,000
Deputy General Manager Rs 1,801,300
Senior Strategy Manager Rs 2,005,339
Chief Information Officer Rs 4,554,685

Also Read: Management Consultant: Career, Education Qualification and Jobs

Job Prospects in Strategic Planning:

  • As a Strategic Planner, some of the jobs available to you are: product development, product managers, change agent, strategic planner, transformation agent, vice president of corporate planning
  • As a Strategic Manager, some of the jobs available to you are: vice president, director, general manager, division head, CEO, member of the board of directors.
  • As a Management Consultant, some of the jobs available to you are: analyst, researcher, junior consultant, junior associate, associate, team leader, senior consultant, consulting manager, junior partner, senior partner.
  • Strategic Cost Analyst
  • Competitive Intelligence Analyst


All the best!

Career Guide to Become a Strategic Planner | CollegeDekho
/articles/career-guide-to-become-a-strategic-planner/