Group Director, Corporate Strategy - Strategy, Product, and Innovation (VIZIO)

As the Group Director, Corporate Strategy at VIZIO, your primary responsibilities include leading strategic planning efforts to define market success, managing product strategy and aligning it with business objectives, and collaborating with cross-functional teams. You'll also be responsible for providing financial forecasting and managing P&L for various product lines while maintaining close relationships with stakeholders to ensure product effectiveness and market execution.

To qualify for the Group Director, Corporate Strategy position at VIZIO, you should have a Bachelor's degree in business or a related area with at least 10 years of experience in consulting, corporate strategy, or business development. Advanced degrees, knowledge in mergers and acquisitions, and experience in the technology or digital consumer sectors are highly preferred, alongside strong leadership and analytical skills.

The Group Director, Corporate Strategy at VIZIO plays a significant role in product development by collaborating with customer insights teams to incorporate feedback into strategic planning. You will develop and implement strategies that align product offerings with consumer needs while ensuring that all product management functions drive alignment across stakeholders, facilitating a coherent approach to product development.

Collaboration is key for the Group Director, Corporate Strategy at VIZIO. You are expected to partner closely with internal teams such as customer insights and financial forecasting, as well as external partners, to ensure successful product launches and execution in the market. By fostering strong relationships with stakeholders, you will align various interests to streamline strategic initiatives effectively.

The Group Director, Corporate Strategy role at VIZIO comes with a competitive compensation package that includes performance-based bonuses, a comprehensive health plan (medical, vision, and dental), and a 401(k) match. Additional benefits include PTO, paid maternity leave, stock purchase plans, and educational assistance through the Live Better U program, which covers various degrees and certifications.

To approach developing a product strategy at VIZIO, I would begin by gathering insights from market research and customer feedback. I would then align this information with VIZIO's overall business objectives, ensuring that every initiative supports our fundamental goals. Engaging cross-functional teams early in the process is key to gaining diverse perspectives and ensuring alignment across departments.

In my previous role, I was responsible for managing the P&L for a key product line. I implemented rigorous financial tracking and analysis, forecasting potential revenue based on market trends. By making data-driven decisions and optimizing costs, I successfully increased our profit margins by 15%. I believe transparency and frequent reporting helped keep the team aligned and accountable.

I believe customer insights are crucial for developing an effective strategy. I utilize various methods like surveys, focus groups, and user testing to collect feedback, which I then analyze to uncover trends and pain points. This enables me to prioritize product features and innovations that align closely with customer needs and expectations, ultimately driving user satisfaction and loyalty.

I have extensive experience working with cross-functional teams in my previous roles. I facilitate regular communication and project updates to ensure that all stakeholders are aligned. I find that establishing a culture of collaboration fosters creativity and drives innovation, ultimately leading to more successful outcomes for our products.

When faced with priority conflicts among stakeholders, I prioritize open communication and collaboration. I would gather input from all parties involved to understand their unique perspectives and needs. Then, using data-backed analysis, I would drive discussions aimed at finding common ground and making decisions that align with our overall strategic objectives.

To evaluate the success of a product post-launch, I would focus on various metrics such as sales performance, customer feedback, market share growth, and product usage statistics. Additionally, I would gather insights from customer service teams and conduct user interviews to understand customers' experiences. This information would inform potential adjustments or strategize for future product releases.

For effective analysis of market trends for VIZIO, I would leverage both quantitative and qualitative research methods. This would include examining industry reports, competitor performance data, and consumer behavior analytics. Additionally, I would stay connected with thought leaders, participate in relevant industry conferences, and encourage my team to bring fresh insights related to emerging trends.

I find that a transformational leadership style is highly effective in a strategic role. This involves motivating and inspiring team members by emphasizing a shared vision and fostering a culture of innovation. Encouraging open dialogue and valuing individual contributions helps create an engaged workforce committed to our organizational goals.

Building and maintaining relationships with external partners requires consistent communication and trust. I focus on understanding their needs and ensuring that our goals align. Regular check-ins and collaboration on joint initiatives help solidify these partnerships, making our team feel invested in their success as well, which strengthens our working relationship.

I am passionate about driving innovation and strategic growth, which is why I am excited about the opportunity to work at VIZIO. I resonate with the company's commitment to enhancing consumer experiences through technology and have the skills and insights necessary to contribute to this mission effectively. I believe that my background in strategy development aligns perfectly with VIZIO's goals.