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Business Strategy Manager

Date: 30-Apr-2019

Location: 01-Dubai, AE

Company: Majid Al Futtaim

Reporting to: VP Corporate Development & Transformation

Department: Corporate Development & Transformation

Location: Dubai, UAE

Opco: Majid Al Futtaim Retail

 

 

Role Purpose:

The Business Strategy Manager is responsible for managing the overall strategic planning for the Transformation Office. The role holder is also responsible for strategy for supporting in monitoring the implementation of Majid Al Futtaim Retail’s strategies to optimize the short, medium and long term performance of the organization.

 

Role Details – Key Responsibilities and Accountabilities:

 

Business Strategy:

  • Facilitate corporate planning by providing analysis and recommendations related to emerging industry trends, expansion opportunities, competitive threats, and internal business performance improvements.
  • Contribute to the development of the short and long term strategies for Majid Al Futtaim Retail to facilitate profitable growth and enhance operational efficiency.
  • Seek, identify and evaluate potential investments and partnerships through financial modelling, multiple scenario analyses, due diligence and business case preparation in coordination with the Corporate Finance team and  implement effective business strategies and partnerships.
  • Recommend business opportunities which embrace internal and external capabilities that are aligned with the identified strategic gaps.
  • Support the implementation of strategic crosscutting initiatives and track progress to detect issues and risks; identify areas of support.
  • Coordinate with business units across Majid Al Futtaim Retail to identify, highlight and discuss strategic opportunities and initiatives.
  • Govern priorities for the implementation of strategic plans and create measurable actions and key performance indicators (KPIs) to support achieving that.
  • Provide inputs when developing a partnership network and recommend merger and acquisition opportunities.
  • Support feasibility studies and project assessments to support corporate strategic initiatives.
  • Support corporate development initiatives using global and regional trends shaping the retail industry.

 

Planning and Performance:

  • Develop and implement plans and objectives in line with the operational plan.
  • Monitor performance objectives in alignment to Majid Al Futtaim Retail’s strategic goals.
  • Monitor the performance by providing strategic direction and guidance in achieving objectives.
  • Proactively communicate the annual objectives and performance objectives to employees.
  • Engage with the relevant stakeholders at MAFR to identify opportunities to improve performance.
  • Support the incubation and execution of corporate development initiatives and reports the progress to Majid Al Futtaim Retail’s senior management on a regular basis.
  • Provide inputs on the corporate strategic 5 year planning in line with Majid Al Futtaim Holding's overall vision and strategy, and oversee the implementation in coordination with the Retail Executive Committee.

 

Human Capital Responsibilities:

  • Assist with the implementation of the performance management process by setting objectives, monitoring performance, and provide constructive feedback and provide inputs to senior management.
  • Provide mentorship for the purpose of developing a continuous talent pipeline for key roles.
  • Provide inputs on training needs and coordinate with the Human Capital department to ensure facilitation of training requirements.
  • Develop and implement on the job-training for the team.
  • Provide inputs for the development of annual manpower plan.
  • Ensure the implementation of Majid Al Futtaim Retail’s corporate policies and relevant procedures.

 

Financial Responsibilities:

  • Ensure alignment of procedures in accordance with the Delegation of Authority (DOA).
  • Assist in monitoring allocated budget to ensure compliance and highlight possible issues.
  • Provide inputs on the preparation of budget when necessary.
  • Provide inputs on cost reduction measures.

 

Qualification, Experience & Skills:

 

Minimum Qualifications/Education:

  • Bachelor’s Degree in Business Administration or relevant to the role.
  • Master’s Degree in in Business Administration is preferred.

 

Minimum Experience:

  • Minimum 6 years in the related managerial function.
  • Preferably 2+ years in the retail business or closely related industry.

 

Skills:

  • Efficient communicator.
  • Strong communication skills in English (Arabic language would be an added advantage).
  • Result Oriented.
  • Highly organized with strong multitasking skills.
  • Good time management skills.
  • Good problem solving skills.
  • High attention to detail.
  • Demonstrated high level skills in management (experienced communicator, proved ability to build capacity and develop stakeholder engagement) of a large and complex organization.