What are the responsibilities and job description for the Director, Strategy position at Fortune Brands?
Company Description
At Fortune Brands Innovations, we believe that our innovation and success are fueled by the passion of our people and the strength of our teams. Together, we work to fulfill dreams of home by aligning around common goals, being agile in the face of change, holding ourselves accountable, and acting with integrity and transparency. We succeed when everyone belongs and strive to build a Home for All where all associates can be their true, authentic selves at work. Learn more about our culture here.
Job Description
The primary function of the Director, Strategy is to identify, evaluate, and pursue growth opportunities, in partnership with senior management, that enhance shareholder value. The scope of this role includes high impact strategy, acquisition, and cross-business-unit initiatives. The Director, Strategy will focus on driving and implementing strategy for Fortune Brands Innovations.
POSITION LOCATION:
This position is eligible for a hybrid schedule with all work performed in one of our key offices, North Olmsted, OH OR Deerfield, IL.
RESPONSIBLIITIES:
Work collaboratively with BU leadership teams and the Strategy & Corporate Development teams to define and advance the strategic priorities of the Water Innovations BUs.
Lead a range of strategic initiatives spanning a variety of areas, including FBIN corporate strategy, individual division-specific growth strategy, strategic planning, portfolio strategy, and capability/best practice sharing.
Partner with the VP, Strategy and Commercial Leadership team in strategic planning efforts, preparation for strategy review meetings with FBIN CEO and CFO, and other BU-specific growth strategy planning and execution activities.
Provide council to the business teams on certain strategic initiatives and take the lead in others, including scoping, planning, structural efforts, and gaining alignment with BU leaders on timeline/implications.
Management of acquisition-focused business development pipeline, including partnership with BU leaders and Strategy & Corporate Development team to identify and evaluate potential acquisition opportunities.
Lead team efforts to monitor industry trends, channel evolution, and key competitors’ strategies and tactics.
Identification and evaluation of potential impacts to FBIN’s competitive position and/or financial performance.
Build commercially viable strategies to grow new or existing profit pools.
Oversight and direction of junior staff within the Strategy department including coaching, mentoring, and career development planning.
ADDITIONAL INFORMATION:
At Fortune Brands Innovations, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits (including half-day summer Fridays per policy), inclusive fertility / adoption benefits, and more. We offer numerous ERGs (Employee Resource Groups) to support inclusivity and our associates’ feeling of belonging at work.
Fortune Brands Innovation (FBIN) is built on industry-leading brands and innovation within our operating segments: Plumbing, Doors and Security. We have an impressive track record of strong financial results, market outperformance and growth, which translates into career and professional growth opportunities for associates. Please visit our website at fbin.com to learn more.
Equal Employment Opportunity
FBIN is an equal opportunity employer. FBIN evaluates qualified applicants without regard to race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability/handicap status, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.
Reasonable Accommodations
FBIN is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application or interview process, please contact us at [email protected] and let us know the nature of your request along with your contact information.
Qualifications
Bachelor’s Degree, or equivalent, in quantitative field.
Master of Business Administration preferred.
10 years of experience in management consulting and/or corporate strategy, working closely with commercial teams to identify opportunities and implement new initiatives.
Strong financial acumen, broad business skill set, good strategic perspective, and a mature/practical mindset.
Strong team leadership capabilities, i.e., collaboration, communications skills, ability to work with/influence a variety of different positions within an organization.
A self-starter that can lead key interests front-to-back.
Highly articulate with ability to communicate effectively across various levels within an organization, including senior leaders.
Significant exposure to strategy, finance, accounting, marketing, operations, and related functions.
Travel needs vary by project but will overall be <25%.
Additional Information
At Fortune Brands Innovations, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits (including half-day summer Fridays per policy), inclusive fertility / adoption benefits, and more. We offer numerous ERGs (Employee Resource Groups) to support inclusivity and our associates’ feeling of belonging at work.
Fortune Brands Innovation (FBIN) is built on industry-leading brands and innovation within our operating segments: water, outdoors and security. We have an impressive track record of strong financial results, market outperformance and growth, which translates into career and professional growth opportunities for associates. Please visit our website at fbin.com to learn more
Equal Employment Opportunity
FBIN is an equal opportunity employer. FBIN evaluates qualified applicants without regard to race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability/handicap status, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.
Reasonable Accommodations
FBIN is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application or interview process, please contact us at [email protected] and let us know the nature of your request along with your contact information.
