Strategist

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A strategist is a person with responsibility for the formulation and implementation of a strategy. Strategy generally involves setting goals, determining actions to achieve the goals, and mobilizing resources to execute the actions. A strategy describes how the ends (goals) will be achieved by the means (resources). The senior leadership of an organization is generally tasked with determining strategy. Strategy can be intended or can emerge as a pattern of activity as the organization adapts to its environment or competes. It involves activities such as strategic planning and strategic thinking.[1]

Types of strategists by field[edit]

The strategy role exists in a variety of organizations and fields of study.

In large corporations, strategic planners or corporate financial planning and analysis (FP&A) personnel are involved in the formulation and implementation of the organization's strategy. The strategy is typically set by business leaders such as the Chief Executive Officer and key business or functional leaders and is reviewed by the Board of Directors.[1]

A design strategist has the ability to combine the innovative, perceptive and holistic insights of a designer with the pragmatic and systemic skills of a planner to guide strategic direction in context of business needs, brand intent, design quality and customer values.[2][3][4][5][6]

An economic strategist is a person who can create a sustainable commercial advantage by applying innovative and quantitative ideas and systems at a sell side financial institution.

A sport strategist is a professional that performs scouting and analysis of the players involved in an upcoming competitive match. Sports strategists typically analyze film footage, organize video libraries, and recommend attacks and defensive strategies in order to capitalize on an opponents' weaknesses.

Working closely with investment managers, a principal investment strategist contributes revenue by providing principal investment analytics and alternative product structuring.

A sales strategist develops innovative trade ideas and assists in the marketing of those trades to buy side clients.

A banking strategist partners with investment bankers and capital market experts on corporate finance and capital structure analyses to identify and execute banking transactions.

A trading strategist contributes revenue to the business in which his team is embedded by developing and delivering innovative trade ideas, models and analytic systems to the trading desk.

Within the financial services industry, strategists are known as “strats”.

A military strategist develops strategies in the field of warfare with the objective of outmaneuvering their opponent.

An IT Strategist develops an IT strategy that is aligned with the business strategy to implement systems to give business processes efficiency and productivity gains and therefore a possible competitive advantage.

See also[edit]

References[edit]

  1. ^ a b Mintzberg, Henry and, Quinn, James Brian (1996). The Strategy Process:Concepts, Contexts, Cases. Prentice Hall. ISBN 978-0-132-340304. 
  2. ^ Lindinger, H., (1991), Ulm Design: The Morality of Objects, Cambridge: The MIT Press.
  3. ^ Gorb, P., (1990) Design Management, London: Phaidon Press
  4. ^ ”Design Management”, Papers from the London Business School, London: Architecture & Technology Press, 1990.
  5. ^ Chung, K.; Freeze, K., “Design Strategy at Samsung Electronics: Becoming a Top-Tier Company″, Design Management Institute Case Study - Harvard Business School Publishing, 2008.
  6. ^ Mataruna, L.; DaCosta, L.P. ,“Video-Scout Methods in Sports", The Brazilian Judo Methods - Case Study - Gama Filho University, 2010.