Vice President (VP), Strategy Salary
The average pay for a Vice President (VP), Strategy is $148,896 per year. Skills that are associated with high pay for this job are Mergers and Acquisitions, New Business Development, Big Data Analytics, and Strategic Marketing. Most people in this job have more than five years' experience in related jobs.
Job Description for Vice President (VP), Strategy
Vice presidents (VP) of strategy delegate and review research on their target markets and create reports of which areas their company should pursue for further development. These VPs also lead their companies in deciding upon acquisitions, joint ventures, customer marketing, and financial modeling, and many are responsible for developing annual and multi-year strategies which outline the company's course to follow for years to come.Read More...
VPs of strategy often lead a team of customer research specialists, so strong management and leadership skills are of the utmost importance. They work very closely with other upper-management employees of their company and report directly to the company's president. Travel is often necessary in order to pursue new business ventures and meet with representatives from other companies to investigate these opportunities.
Requirements for the position may be strict. A four-year college degree is a minimum requirement, and most employers prefer candidates with advanced degrees. Many years of work experience, including five or more years in a management position, may also be required. Important skills include communication, knowledge of computer analytic software, and some background in data visualization.
Vice President (VP), Strategy Tasks
- Lead and develop strategic, tactical and operational initiatives.
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