Strategy Office Manager Interview

Can you describe your experience in developing and executing corporate strategies?

I worked now inside in the strategy development.For almost the last five years, work on We worked on a strategy that have already developed.Before I join and after that I worked in the execution for two years.It was not an easy task to do.Since it is was on a previous team and before merge, after two years we did a strategy refresh. I did this project with working with the Tier 1 consultancy.And we did refresh to accommodate all the changes that happening in the transport ecosystem after that.We worked in the execution phase for two years, successfully achieved a strategic objectives of that have been set for the short term for the upcoming three years.And then worked on the strategic extension. Strategic extension for the upcoming 10 years.A plan for the long for a long term. That's also an alignment with the strategic objectives and all the 2030 vision updates.Strategy. Talking about performances, I'm also responsible for the performance part in the company we work on setting the strategic targets in a yearly base with the business plan and also cascading all.This objectives and KPIs.From the company still and the company level till N2 working more than 50 balance scorecard and almost 300.Strategic and tactical KPIs across the organization, which is already.Monitored and reported with the team. Monitored and reported on a regular base, monthly and quarterly and also annual.We work do having those.One of the big important project that we worked on at last couple of years is working in the Power BI platform having a live feed for.And strategic KPIs for Co and related business unit also working on the automation of this.Balance the scorecard to have it on a system called Spider that can be accessible by related person from each business unit to have a view on their current performance and their historical performance.

Your answer does provide a detailed overview of your experience in developing and executing corporate strategies, but there are some areas for improvement.

Strengths:
1. Relevant Experience: You mention a significant duration of five years in strategy development and execution, which showcases your expertise.
2. Collaboration with Consultants: Working with a Tier 1 consultancy indicates that you value expert insights and are capable of collaborating with external partners for strategic initiatives.
3. Performance Monitoring: You highlight your involvement in setting strategic targets and KPIs, demonstrating a strong understanding of performance management.
4. Technological Integration: Mentioning the use of Power BI and automation systems shows your capability in leveraging technology for monitoring and reporting, which is increasingly important in today's strategic landscape.

Areas for Improvement:
1. Clarity and Structure: Your response lacks clarity due to long sentences and some grammatical errors. Simplifying your sentences and using bullet points or a clear structure could make your answer easier to follow.
2. Specific Examples: Including a specific example of a strategic objective you achieved or a challenge you faced would strengthen your answer by demonstrating your problem-solving skills and impact.
3. Outcome Focus: Emphasize the results of your strategies more explicitly—what were the measurable outcomes of your work during the execution phase?

Improved Example:
"In my five years of experience, I played a pivotal role in developing and executing corporate strategies. Initially, I contributed to a two-year execution phase of a previously formulated strategy. We refreshed this strategy with a Tier 1 consultancy to adapt to the evolving transport ecosystem. Over the next two years, we successfully achieved our short-term strategic objectives and began strategic planning for the next decade, aligning with our 2030 vision.

I led performance management efforts, setting annual strategic KPIs across 50 balanced scorecards. Our team monitored and reported these metrics monthly, quarterly, and annually. One critical project involved implementing a Power BI platform for real-time KPI tracking and automating scorecard access through the Spider system for our business units, enhancing transparency and performance management."

Rating: 3.5/5

What methods do you use to track and report on key performance indicators (KPIs)?

What we are now the method that we are having for tracking and reporting our key performance indicator.We are using a tool that is helpful. It is called Simple Balance Scorecard. I have two of my team members dedicated for this system that helps.Business unit to enter there the data and then we validated and reviewed by the team to be accepted and reflected on the system. This has helped us to have more data integrity and.Automating the validation process.Also, we have we worked on the balance scorecard on the Power BI platforms that helped us do.Having a real time data which is very beneficial for the data also integrity and accuracy and also it is.Useful tool for operation KPIs to be.Reviewed and known for the CEO that will help enhance the decision making.Avoiding any risk any if there is in the future.

Your answer provides a good overview of your methods for tracking and reporting KPIs, particularly highlighting the tools and strategies you use, such as the Simple Balanced Scorecard and Power BI. However, there are several areas for improvement.

1. Clarity and Structure: Your answer can be better organized. Start with an introduction that clearly states the importance of tracking KPIs. Then, explain your methods logically and cohesively.

2. Specific Examples: While you mention using the Balanced Scorecard and Power BI, you could enhance your answer by providing specific examples of KPIs tracked, how data entry works, and an example of a decision made based on the data monitored.

3. Data Integrity and Automation: You mention automating the validation process, which is excellent. However, clarify how this impacts your team's workload and decision-making. Discussing this will demonstrate an understanding of efficiency in operations.

4. Impact on Decision-Making: You touch on how your system aids the CEO in decision-making. Expand on this by providing examples of decisions influenced by the KPIs you track.

5. Professional Tone: Make sure to present your points in a more formal tone, reducing filler phrases and incomplete sentences.

In summary, your answer outlines the tools used and the benefits they provide but lacks depth, examples, and fluidity. Focus on improving clarity, providing specific examples, and presenting a more structured response.

Rating: 3/5

How do you ensure alignment between corporate strategy and business unit initiatives?

During the strategy development, we make sure that all the strategy.Objectives and initiatives All the strategy initiatives and KPIs aligned with strategic objectives in order to get.An outcome or a?Results.What what the strategy is aiming for?

Your answer touches on an important aspect of ensuring alignment between corporate strategy and business unit initiatives—setting clear objectives, initiatives, and KPIs. However, it lacks specificity and clarity, making it less impactful. Here’s a breakdown:

1. Clarity and Structure: Your response could benefit from a clearer structure. Start with an introduction that defines the importance of alignment. Then outline specific steps or processes that you would use to ensure this alignment.

2. Specific Strategies: Mention concrete strategies, such as regular strategy reviews, cross-functional meetings, or performance tracking systems. Discuss how you would involve different business units in the strategy development process to foster buy-in and alignment.

3. Feedback Mechanisms: Highlight the importance of feedback loops—how you'd assess the effectiveness of initiatives against strategic objectives and adjust them accordingly.

4. Results Focus: While you mention getting results, emphasize how you would measure the impact of alignment on overall business performance.

For improved clarity, a revised answer could be structured as follows:

“To ensure alignment between corporate strategy and business unit initiatives, I focus on a collaborative approach during strategy development. This involves engaging key stakeholders from various business units to gather insights and incorporate their perspectives into the corporate strategy. I establish clear objectives, initiatives, and KPIs that are directly aligned with the overarching strategic goals. We then implement regular reviews and feedback mechanisms to monitor progress and make necessary adjustments. This ensures that each business unit is not only aware of the corporate strategy but also actively contributing to its success. Ultimately, this alignment enhances accountability and drives better business outcomes.”

Overall, I would rate your original answer a 2/5. It lays a foundation but needs more detail, structure, and specificity to be compelling.