Senior Director of Strategic Initiatives

4 weeks ago

Regina, Saskatchewan, Canada SGI Full time

Position Overview

The individual in this role will be accountable for steering the formulation of business strategies that align with SGI's overarching strategic framework while facilitating the development of corporate strategic plans. This position plays a pivotal role in supporting divisional functional strategies and enhancing the continuous improvement of corporate strategic planning across SGI and its regional branches.

Key Responsibilities

1. Strategy Formulation

  • Engages with the Senior Director and VP to craft SGI's long-term and annual strategic plans, offering insights, preparing necessary documentation, and coordinating stakeholder consultations, as well as drafting supporting materials for presentation to executive leadership.
  • Oversees the creation and assessment of business strategies that stem from SGI's corporate strategy, including organizing strategic planning sessions with senior management and providing guidance in drafting strategy documents.
  • Facilitates corporate support for divisional strategies by defining available resources, designing standardized tools, and managing requests for assistance.

2. Strategic Alignment

  • Assists the Senior Director and VP in formulating annual performance objectives that are in harmony with corporate and business strategies.
  • Works alongside Corporate Communications to implement communication strategies that enhance awareness and alignment with corporate goals.
  • Leads the development of SGI's target operating model (TOM), including defining processes and coordinating regular reviews across the organization.

3. Strategy Assessment

  • Collaborates with the Corporate Strategy team to track corporate performance, identify when corrective measures are necessary, and recommend actions to senior management.
  • Champions the development of key performance indicators and targets for both corporate and business strategies.
  • Supports divisional leaders in establishing performance indicators for their functional strategies.

4. Leadership Development

  • Fosters a high-performing workforce by actively engaging in human resource initiatives.
  • Ensures the creation of succession plans within divisions.
  • Promotes a culture of accountability and leadership to effectively execute strategic initiatives, integrating these with employee performance and career development plans.
  • Encourages team performance and is dedicated to leadership development through mentoring and training opportunities.

5. Corporate Governance

  • Ensures alignment of programs and policies with corporate and divisional strategies.
  • Manages risks within the scope of authority.
  • Oversees departmental budgets and prepares necessary decision-making documents.
  • Ensures compliance with health, safety, and emergency management policies.
  • Implements effective internal controls to support reliable financial reporting and compliance with applicable laws.

Qualifications

  • A bachelor's degree from an accredited institution in a relevant field such as business.
  • A minimum of ten years of experience in strategy development and corporate governance, including at least six years in leadership roles.

Skills and Competencies

  • Expertise in strategic planning processes and performance measurement.
  • Proficient in research methodologies and report preparation.
  • Understanding of the insurance sector across various jurisdictions.
  • Knowledge of regulatory frameworks for drivers and vehicles.
  • Familiarity with Crown corporation governance.
  • Ability to deliver compelling presentations and facilitate discussions.
  • Strong writing skills, capable of crafting clear and persuasive communications.
  • Proven ability to develop and implement effective strategies.
  • Skilled in balancing stakeholder interests with business objectives.

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