Director of Strategy - ICIS

Reed Business Information ,
London, Greater London

Overview

Job Description

Director of Strategy - ICIS London, United Kingdom New Strategy Reed Business Information REE00C28Requisition # Apply for JobRefer a FriendSign Up for Job Alerts Director of Strategy Role Title: Director of Strategy, ICIS Reports To: President & CEO, ICIS Location: London, Singapore or Houston ICIS is a division of RELX Group, a FTSE 20 company with revenues of $10 billion in 2018 and an employee base of over 30,000 people across 40 countries. We exist to help businesses in the energy, petrochemical and fertilizer industries make strategic decisions, mitigate risk, improve productivity and capitalise on new opportunities. At ICIS we make some of the world's most important markets more trusted and predictable by providing data services, thought leadership and decision tools. Thousands of decisions are taken across supply chains every day using our intelligence and we make this possible through a global presence that delivers the local insights customers need in a rapidly changing world. We shape the world by connecting markets to optimise the world's valuable resources. With a global team of more than 600, ICIS has employees based in London, New York, Houston, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, Tokyo and Perth. Purpose of Role: The Director of Strategy leads the business in achievement of its growth objectives by developing, evolving and executing the business strategy, enhancing product and service offerings and market delivery. As part of the senior leadership team, the role provides the vision for the future direction of ICIS and ensures the successful delivery of short and long term revenue growth and profitability for RBA via commercial execution of its strategic goals. Via a detailed understanding of market conditions, dynamics, competitors and customer objectives the role is responsible for the identification of future opportunity, new markets and ventures. The Director of Strategy is also responsible for the identification, evaluation and execution of market partnerships, alliances, benchmarks and M&A. Key Accountabilities: Developing the business strategy for the group Instigates analysis and research of markets and brings understanding to the Executive team and wider business on trends, threats, competitor intelligence, business models and new market opportunities. This includes a detailed understanding of customer workflow and needs. Owns the creation, evolution, communication and execution of company vision and purpose along with strategic goals to exceed both short, and long term, business objectives. Co-ordinates and agrees with Executive Team business priorities and maintains business and operational plan. Continually assess business portfolio in terms of changing market requirements and works with Business Development team and ICIS CEO to identify potential acquisitions, benchmark opportunities, partners, government and industry alliances to accelerate strategy execution and capitalise on new revenue streams. Ensures ongoing communication of business strategy and commercials plans, including twice annual updates to RBA Board, RELX board, monthly updates on all business cases, new investment requests, progress in new market sectors and geographies along with full, ongoing strategy visibility to entire ICIS business. Commercial Leadership Regularly monitors the trading positions of the products/services and in conjunction with management teams' takes action to ensure resource is focused in the place of most potential, cost, revenue, profit and margin goals are delivered. Identifies market alliances to enhance both strategy and commercial execution. Coordinates with Sales, Product, Marketing and CEO on commercial market focus, positioning and execution to exceed revenue and new sales objectives. Owns and agrees pricing strategy and execution. Agrees annual KPI's as a management team and reports monthly against target for market (geographical and sector) and product/services lines including new business initiatives. Sets an agenda to constantly challenge process/resource efficiency and extraction of market opportunity. Project Management Establishes and manages meetings to lead key project and project teams and agenda and deliverables management Supports change and strategy projects and provides ongoing advice and guidance as required after project completion Conducts regular strategic reviews of key projects and performance Reviews legal documentation and ensures position fit's with both commercial strategy and compliance obtaining legal advice as required. Research Researches new businesses/new markets/competitor activity/business models and trends Responsible for the understanding, interpreting, assessing and evaluating of information key strategic and marketing information. Sourcing information from a variety of sources. Work with business development, market development and customer success to deliver research initiatives across ICIS C