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Senior Manager, Business Strategy (Product Strategy & Portfolio Management) - job 1 of 8

Position Summary...What you'll do...The Senior Manager I will deliver effective product portfolio management to a product portfolio within the Walmart US Product organization. The Associate will be responsible for advising their leader and respective portfolio team on alignment to enterprise strategy, creation and support of product strategy, championing and implementing product ways of working, developing materials for key stakeholder meetings, leading cyclical planning activities, and advocating for best practices in product management. The Associate will liaise with the Product Support Services team on new initiatives, ensuring the portfolio leader, Director, and team are actioning new requirements effectively and timely. The Associate may represent the leader and/or the team in critical meetings with key product partners, including business, technology/engineering, design, finance, and human resources.Key Responsibilities• Collaborate with the Director on providing guidance on product management initiatives, including but not limited to strategy development and execution, product portfolio planning, product reviews and roadmaps, cyclical planning activities (e.g., annual budgeting and operating plan), and cross-functional collaboration with product groups• Champion and implement efficient and disciplined product ways of working, methodologies, frameworks, and best practices to product portfolio(s) under remit. Be a change agent and advocate for sustainable operating rhythms• Develop and execute portfolio-level Objectives & Key Results (OKRs) and quarterly OKR review process for product portfolio leader and team• Collaborate with the Director on supporting all product alignment meetings and forums with stakeholders, including but not limited to recommending the agenda, developing executive-level presentations and tracking outcomes, in concert with product portfolio leader and portfolio teams• Support governance processes across products and capabilities, facilitating necessary conversations with intersecting portfolios• Act as strategic advisor to the product portfolio leader and Director, sharing insights and recommendations based on observations of the team and other product groups• Collaborate with the Director to drive effective decision-making, prioritization, and alignment across the portfolio, and support the same between portfolios• Provide strategic advice and counsel to portfolio leader and team on opportunities to mature, advance, and improve internal ways of working• Manage product portfolio reporting, including product summaries, monthly OKR status, and quarterly business reviews• Work in concert with the Director to strategically align with the Product Support Services team on best practice approaches, providing feedback and identifying opportunities to further collaborate across the portfolios across the entire Product organizationKey Attributes & Skills:• Conscientious self-starter, with a work attitude that exhibits flexibility, initiative, strong judgment, and dependability• An Associate with a strong learning agility who isn't afraid to jump into a new, ambiguous challenge and is able to bring structure and simplicity to an otherwise complicated process• Executive presence and strong communication skills, both written and verbal, enabling effective communication at all levels of the organization• Collaborative Associate, who excels at building relationships and consensus across all levels and cross-functionally• Proactive problem solver, who resolves issues effectively and creatively while maintaining a high degree of integrity, confidentiality, and professionalismWalmart US Product OrganizationThe Senior Manager I will support the Walmart US Product Organization.• Our Mission: Deliver seamless experiences that drive customer loyalty, associate retention, first place wallet share, and lifetime value, enabling the Walmart enterprise strategy.• What We Do: We translate the business strategy and customer needs into a product strategy and architecture. We use our thorough understanding of the business strategy and customer needs, clear view of product capabilities, work in progress, and tech and design resourcing to prioritize work.• How We Do It: While maintaining a product mindset, we drive communication and collaboration across Business, Technology, and Design to deliver frictionless experiences across the Walmart ecosystem.• Product Mindset: The mentality that equips us to execute digital transformation swiftly. The mindset is focused on: understanding the customer journey; identifying the pain points and problems that need solving within that journey; and building, collecting feedback, iterating, and enhancing the solutions to those problems.At Walmart, we offer competitive pay as well as performance-based bonus awards and other great benefits for a happier mind, body, and wallet. Health benefits include medical, vision and dental coverage. Financial benefits include 401(k), stock purchase and company-paid life insurance. Paid time off benefits include PTO (including sick leave), parental leave, family care leave, bereavement, jury duty, and voting. Other benefits include short-term and long-term disability, company discounts, Military Leave Pay, adoption and surrogacy expense reimbursement, and more.You will also receive PTO and/or PPTO that can be used for vacation, sick leave, holidays, or other purposes. The amount you receive depends on your job classification and length of employment. It will meet or exceed the requirements of paid sick leave laws, where applicable.For information about PTO, see https://one.walmart.com/notices .Live Better U is a Walmart-paid education benefit program for full-time and part-time associates in Walmart and Sam's Club facilities. Programs range from high school completion to bachelor's degrees, including English Language Learning and short-form certificates. Tuition, books, and fees are completely paid for by Walmart.Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to a specific plan or program terms.For information about benefits and eligibility, see One.Walmart .Sunnyvale, California US-04396/San Bruno, California US-08848:The annual salary range for this position is $117,000.00-$234,000.00Bentonville, Arkansas US-09401:The annual salary range for this position is $90,000.00-$180,000.00Additional compensation includes annual or quarterly performance bonuses.Additional compensation for certain positions may also include:- StockMinimum Qualifications...Outlined below are the required minimum qualifications for this position. If none are listed, there are no minimum qualifications.Bachelor's degree in Business, Statistics, Social Science, Communications, or related field and 4 years' experience in retail merchandising, operations management, or related area OR 6 years' experience in retail merchandising, operations management, or related area.Preferred Qualifications...Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications.Leading cross-functional teams, Supervisory experiencePrimary Location...702 Sw 8Th St, Bentonville, AR 72716, United States of America
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What You Should Know About Senior Manager, Business Strategy (Product Strategy & Portfolio Management), Walmart

At Walmart, we believe in driving innovation and enhancing customer experiences, and we're looking for a talented Senior Manager, Business Strategy (Product Strategy & Portfolio Management) to join our team in Anderson, MO. In this dynamic role, you will be at the forefront of product portfolio management, advising your leaders and teams on how to align with our enterprise strategy. You'll spearhead the creation and execution of product strategies that fully embody our mission and vision, while collaborating closely with various departments such as technology, finance, and design. Not only will you lead cyclical planning activities, but you'll also champion best practices in product management, ensuring that our teams implement efficient methodologies. Your strategic insights will shape the development of materials for essential stakeholder meetings, and you’ll be pivotal in managing product reporting. If you’re a self-starter who exhibits flexibility, initiative, and has a knack for problem-solving, you'll thrive in this environment. Bring your executive presence and excellent communication skills, and help us drive impactful changes that enhance the Walmart product experience. This is an exciting opportunity to make a tangible difference in a leading retail enterprise while enjoying competitive pay and a comprehensive benefits package.

Frequently Asked Questions (FAQs) for Senior Manager, Business Strategy (Product Strategy & Portfolio Management) Role at Walmart
What are the key responsibilities of a Senior Manager, Business Strategy at Walmart?

As a Senior Manager, Business Strategy (Product Strategy & Portfolio Management) at Walmart, you'll oversee a wide range of responsibilities, including providing guidance on product management initiatives, supporting strategic planning activities, and collaborating across functions to ensure product alignment and execution. You'll champion best practices in the product lifecycle and manage product portfolio reporting, which are crucial for informed decision-making.

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What qualifications are needed to become a Senior Manager, Business Strategy at Walmart?

To qualify for the Senior Manager, Business Strategy position at Walmart, you typically need a Bachelor's degree in areas such as Business or Communications, along with several years of experience in retail merchandising or operations management. Preferred qualifications may include leadership experience and the ability to lead cross-functional teams effectively.

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How does one prepare for meetings as a Senior Manager, Business Strategy at Walmart?

Preparing for meetings as a Senior Manager, Business Strategy at Walmart involves recommending agendas, developing executive-level presentations, and tracking outcomes. You'll need to collaborate with your Director and portfolio team to ensure all relevant insights are presented effectively, allowing for productive discussions and decisions.

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What skills are essential for a Senior Manager, Business Strategy at Walmart?

Essential skills for a Senior Manager, Business Strategy at Walmart include strong judgment, proactive problem-solving capabilities, and excellent communication skills. Building relationships and consensus across all levels, as well as having a learning agility to adapt to new challenges, are also crucial for success in this role.

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What can a Senior Manager, Business Strategy expect in terms of benefits at Walmart?

Walmart offers a comprehensive benefits package for a Senior Manager, Business Strategy, including health benefits such as medical, vision, and dental coverage, as well as 401(k) plans and stock options. Additional perks include paid time off, education benefits, and performance-based bonuses, which all contribute to a supportive work environment.

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Common Interview Questions for Senior Manager, Business Strategy (Product Strategy & Portfolio Management)
Can you describe your experience with product portfolio management?

In answering this question, highlight any specific instances where you've managed product portfolios. Discuss the frameworks and methodologies you used, and how you collaborated with cross-functional teams to align product strategies with business goals.

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How do you handle competing priorities in product management?

Illustrate your approach by discussing how you assess priorities based on business impact. Provide an example of a time when you successfully managed competing priorities, emphasizing your decision-making process.

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What strategies do you use to foster collaboration among diverse teams?

Explain your approach to building relationships and consensus, sharing examples of successful collaborations. Discuss any frameworks you’ve implemented to enhance teamwork across different functional areas.

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Share an example of a challenging product strategy you implemented.

Use the STAR method (Situation, Task, Action, Result) to outline a specific challenge, your role in addressing it, and the positive outcomes of your strategy. Focus on metrics or feedback that showcase your success.

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How do you ensure alignment with enterprise strategies while developing product strategies?

Discuss your process for aligning product strategies with broader business goals. Highlight your collaboration with leaders across departments to create a unified approach that drives results.

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How do you track and measure the performance of product portfolios?

Detail the KPIs and metrics you find most valuable for tracking product portfolio performance. Share how you use this data to make informed decisions or pivot strategies as needed.

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Describe your experience with presenting to executive leadership.

Talk about your comfort level with presenting to executives and detail the types of presentations you’ve developed. Emphasize how you tailor your presentations to meet the audience's needs and expectations.

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What best practices do you advocate for in product management?

Share your key best practices in product management, backed by examples from your experiences. Discuss how these practices have improved efficiency and outcomes in your previous roles.

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How do you approach risk management in product development?

Explain your process for identifying and mitigating risks in product development. Use real-life examples to illustrate how you navigated challenges without compromising project goals.

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What motivates you to excel in a Senior Manager, Business Strategy role?

Discuss both intrinsic and extrinsic motivators, such as the desire to drive customer loyalty, improve operational efficiencies, and contribute to a successful, innovative product strategy. Personal anecdotes can add authenticity to your response.

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December 17, 2024

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