Head of Strategic Initiatives
2 months ago
Flipp collaborates with leading retailers and brands across North America to provide local promotions and savings to millions of engaged consumers daily, enhancing investment returns.
We empower individuals to make informed shopping choices with independence and responsibility. In light of increasing living expenses, Flipp's mission is more important than ever. Our Shopper Consideration Platform enables retailers and manufacturers to craft digital experiences from their savings and deals content, assisting shoppers in determining what to purchase and where to do so. Together, we create a positive impact.
The Director of Strategy will spearhead the identification, leadership, and development of our comprehensive strategic planning and business processes, encompassing long-term planning, strategic initiatives, and continuous reporting through the OGSM balance scorecard. This role requires direct and ongoing collaboration with executive management (CFO, CEO) and senior functional leaders to develop and refine:
- Enterprise-level strategy, including mission, vision, market positioning, competitive advantage, and M&A activities.
- Insights at the enterprise level to support strategy formulation and ongoing enhancement, including market analysis and competitive intelligence.
- Organizational alignment, ensuring execution plans are developed as a cascade from core strategic annual and long-term planning processes.
- Company-wide business processes, including ongoing governance, balance scorecard (OGSM), and key strategic initiatives.
The strategy team operates at the heart of the organization, closely collaborating with Product, Operations, External Partnerships, Post-merger Integration, and Finance teams to identify significant opportunities for our business and devise actionable plans.
Key Responsibilities:- Strategic Planning
- Lead and coordinate the strategic planning agenda, including annual 3-year and 10-year organizational planning and quarterly strategic reviews.
- Enhance and institutionalize our strategic planning process, ensuring rigor, robustness, and alignment with external best practices and data.
- Collaborate with the executive team (CEO/CFO) to develop new strategic elements, integrating them into all planning processes.
- Identify and assess market opportunities and potential growth areas for Flipp, including core and adjacent markets.
- Monitor the competitive landscape and developments in the Digital Merchandising sector globally to uncover new opportunities for growth and innovation.
- Work with finance and FP&A teams to align strategy with long-term financial models, goals, and KPIs across key outcomes and scenarios.
- Strategy Execution & Monitoring
- Oversee the annual OGSM planning process, ensuring:
- Development of scorecards for strategic and operational initiatives, including key metrics and outcomes through robust collaboration.
- Establishment of ongoing processes to ensure the OGSM framework is effectively communicated and cascaded throughout the organization.
- Implement systems to keep the OGSM balance scorecard updated monthly, providing insights to the senior leadership team and the broader Flipp community.
- Oversee the annual OGSM planning process, ensuring:
- Strategic Initiatives
- Evaluate business cases for strategic initiatives, features, products, and sales approaches through opportunity prioritization from various perspectives.
- Lead the development of significant partnership opportunities and new business models, focusing on operational scaling and return on investment.
- Coordinate the ongoing review process for strategic initiatives to ensure status updates, risk mitigation, and acceleration of opportunities.
- Corporate Development
- Articulate and refine Flipp's inorganic M&A strategy in collaboration with the executive team, ensuring alignment with long-term strategic goals.
- Manage prospect identification and pipeline:
- Continuously monitor the external landscape for potential acquisition targets and partnerships.
- Build relationships with investment bankers and private equity firms to maintain a comprehensive list of potential targets.
- Review target opportunities to ensure alignment with enterprise growth strategies.
- Create an internal database of M&A opportunities and outcomes for tracking and benchmarking.
- Oversee process management and execution:
- Ensure M&A strategy and diligence tracking are current.
- Prepare investment memos, business cases, and financial models as necessary.
- Coordinate with third-party advisors for opportunity assessment and due diligence.
- Develop executive-level updates and content, including quarterly reports on M&A strategy and progress.
- Team Leadership and Coaching
- Provide leadership and mentoring to the team, making strategic adjustments to enhance capabilities and outcomes.
- Foster a culture of high performance, engagement, and collaboration.
- Support team growth and development.
- Ensure the strategy team is engaged cross-functionally to promote collaboration and strategic partnerships.
- 8-10 years of relevant experience in driving strategic initiatives.
- Experience in global strategy or strategy consulting is preferred.
- Strong interpersonal skills with the ability to build relationships and motivate individuals at all organizational levels.
- Ability to articulate complex ideas and present them effectively to the executive team.
- Proven success in shaping and influencing an organization's strategic agenda.
- Demonstrated adaptability in a fast-paced, rapidly changing environment.
- Experience aligning a diverse range of stakeholders on strategic goals.
- High initiative and a willingness to challenge the status quo.
- Advanced proficiency in Microsoft Excel, Word, and PowerPoint (or Google Workspace equivalents).
We offer:
- An inclusive and collaborative environment where your voice is valued.
- A remote-first work culture.
- Tools and opportunities for professional growth and development.
- Every chance to take ownership of your success.
We expect:
- Your authentic self, every day.
- Your best work, from any location.
- A desire for learning, curiosity, and a growth mindset.
- Motivation, initiative, and an entrepreneurial spirit.
If you are interested in contributing to the future of shopping, please fill out the application fields below. While experience and skills are important, growth potential and attitude are equally valued. We believe that the most innovative solutions arise from diverse perspectives and experiences.
Flipp is an equal-opportunity employer. We do not discriminate based on race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, or gender identity. We are dedicated to creating a welcoming environment for all employees, allowing them to bring their whole selves to work confidently. Flipp is committed to providing necessary accommodations to ensure an equitable selection process, which can be requested as needed.
A member of our recruitment team will reach out to you in the upcoming weeks.
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