What does a Strategic Planning Analyst do?
Published 4 min read
A strategic planning analyst is responsible for the creation and implementation of an organization's strategy. They work with senior management to develop long-term plans and objectives and identify opportunities and threats. They also conduct research, financial analysis, and feasibility studies to support the decision-making process.
Strategic Planning Analyst job duties include:
- Conducts environmental scans and trend analyses
- Develops long-range plans and objectives
- Oversees the development of short-range plans
- Implements action plans and monitors results
- Coordinates the development of annual business plans
- Evaluates new business opportunities
- Develops performance metrics and benchmarks
- Identifies organizational strengths and weaknesses
- Recommends strategies for improving organizational effectiveness
- Facilitates the strategic planning process
Strategic Planning Analyst Job Requirements
A bachelor's degree in business administration, economics, or a related field is typically required for a strategic planning analyst position. In addition, many employers prefer candidates who have earned a master's degree in business administration (MBA) with a concentration in strategic planning. Certification through the American Academy of Financial Management (AAFM) is also beneficial. Several years of experience working in strategic planning, financial analysis, and management are generally required.
Strategic Planning Analyst Skills
- Analytical
- Strategic
- Planning
- Research
- Communication
- Critical thinking
- Organizational
- Attention to detail
- Time management
- Teamwork
- Problem solving
Related: Top Strategic Planning Analyst Skills: Definition and Examples
How to become a Strategic Planning Analyst
A career as a Strategic Planning Analyst can be very rewarding. As a Strategic Planning Analyst, you will help organizations make important decisions about their future. You will use your skills in research, analysis, and problem-solving to develop plans that will help organizations achieve their goals.
To become a Strategic Planning Analyst, you will need to have strong research and analytical skills. You should be able to think critically and solve problems. You will also need to be able to communicate effectively, both verbally and in writing.
If you are interested in becoming a Strategic Planning Analyst, there are a few steps you can take to get started. First, you should consider pursuing a degree in business administration or a related field. This will give you the knowledge and skills you need to be successful in this career.
You can also gain experience by working in a position that requires research and analysis. This could be an internship or a entry-level job in a business or consulting firm. Getting experience in the field will help you develop the skills you need to be successful as a Strategic Planning Analyst.
There are also professional organizations that offer certification for Strategic Planning Analysts. Getting certified can help you stand out from other candidates when you are applying for jobs.
If you are interested in becoming a Strategic Planning Analyst, there are many resources available to help you get started on your career path. With dedication and hard work, you can achieve success in this exciting and challenging field.
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