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Senior Director, Corporate Strategy

Requisition Number:  4281
Company:  Westinghouse Electric Co
Location: 

Cranberry Township, PA, US, 16066

Westinghouse Electric Company is a multi-billion global nuclear energy leader helping create a carbon-free energy future. For more than 130 years, our innovations have enabled advancements across the globe.  More than 50% of the world’s nuclear reactor fleet is based on Westinghouse technology.  With over 9,000 employees, working alongside customers in 19 countries, together Westinghouse advances technology and services to power a clean, carbon-free future. 

 

Westinghouse is positioned to capitalize on emerging opportunities as many countries and major sectors of the global economy commit to reducing greenhouse gas emissions.   

Westinghouse Electric Company was Brookfield’s largest acquisition and is a marquee asset within its portfolio.  

 

Westinghouse is positioned to continue capitalizing on the trends driving increased sensitivity to climate change and policies encouraging reduction of green-house gas emissions across the world.  By virtue of these trends, Westinghouse’s business will continue delivering above-market growth rates from organic and inorganic sources.   Westinghouse fulfills its purpose not only through our products but in how we operate: supporting our local communities, ensuring sustainability, and living our values of Integrity, Accountability, Teamwork, and Innovation,

 

Reporting to the VP, Global Head of Corporate Development and Strategy and leading the Corporate Strategy team, the Senior Director, Corporate Stragegy will help shape Westinghouse’s portfolio composition and competitive strategy by being an advisor to the CEO and the General Managers.  You will have an opportunity to define and shape Westinghouse’s Corporate Strategy function and build the team.  Most importantly, you will play a key role in the creation of shareholder value by helping address the most important strategic questions across Westinghouse, including:

  • Help the Business Segments and Business Units develop strategies that drive above-market organic and inorganic growth, working closely with leadership to ensure both cross-functional involvement and real-time input as the external environment (e.g., technology, customer needs, regulations, competitors, etc.) evolves. 
  • Help identify new growth platforms, growth opportunities within business units, and across businesses – through the identification of attractive market spaces, determining what it takes to win, assessing competitive position and business models, and then helping the organizing to align on the strategic direction and execution plan
  • Ensure that the business strategies clearly articulate the business choices, are well-defined, lay out talent and resource requirements, and are implementable.
  • Successful strategy delivery should result in industry-leading growth and profit margins.
  • Identify, synthesize and communicate key trends across industries, segments, regions and competitors.
  • Help support the strategic planning process and deepen strategic capabilities in the organization.
  • Lead research and analysis for identifying and assessing inorganic opportunities.
  • Drive large-scale change – designing and implementing programs to execute on strategic objectives
  • Support and enhance talent management for the strategy organization, including talent acquisition, development, and retention objectives

The role will be based in our Cranberry, PA office or remotely.

 

Your Day to Day:

Assist in strategy development that enables the organization to frame and make the critical strategic decisions to grow and profitably defend the business.  Constructively challenge the organization to refine its “where to play” and “how to win” choices to drive growth, improve profitability, and sustain competitive advantage.

Lead joint Corporate, BU and Innovation teams in solving complex business problems using a hands-on hypothesis-driven approach:

  • Provide project management and thought leadership to project teams
  • Guide and coach project team members in using a hypothesis-driven approach
  • Lead from the front by taking on complex workstreams and providing hands-on support, including serving in an individual contributor capacity when required
  • Develop project deliverables and executive presentation documents
  • Lead and guide primary and secondary research
  • Lead discussion of findings and recommendations
  • Become a trusted advisor to BU, Segment, and Corporate leadership
  • Facilitate the successful development and deployment of the annual strategy development process
  • Define and lead the process for development of robust strategic plan for Westinghouse given current market/business conditions and provide feedback to the business units and functions
  • Provide guidance to Segment and BU Strategy and Finance leaders
  • Problem solve Westinghouse’s latest 5-year outlook with the CEO, CFO, and VP of Strategy and Corporate Development
  • Monitor progress deploying Westinghouse’s strategic plans and identify major strategic changes over prior year using metrics, roadmaps, dashboards & actual financials

 

Partner with Finance colleagues to understand the financial impact of strategic decisions and drive greater strategic focus down into individual businesses.  Help the businesses identify and develop plans to close gaps between business aspirations and current strategic plans and capabilities.

Selectively assist Westinghouse’s businesses in:

  • Identifying, analyzing, and resolving important strategic issues facing the different business units
  • Developing timely, well-informed analysis of technology, regulations, competition (both existing and emerging).  Anticipate likely changes and assess strategic and economic impact of changes on today and over next (a) 5-10 years and (b) 10-20 years
  • Developing and documenting a deep understanding of different segments and their associated needs.  Ensure segmentation is robust, actionable, and simple for the business to understand.
  • Analyzing industry structure, business models, competitive dynamics, and market attractiveness and its likely evolution to inform strategy development and priority setting
  • Bringing expertise and techniques (e.g., scenario planning, wargaming) designed to identify and make better decisions under uncertainty. Understand and quantify its impact across all business assumptions
  • Identifying the impact of changes in the external environment on strategy & determine potential courses of action.
  • Identifying and assessing inorganic opportunities – acquisitions, divestitures, joint ventures, alliances, licensing relationships, etc.
  • Assist in synthesis of businesses strategic priorities and building the execution plans

Manage large-scale change programs

  • Design and implement change programs to execute on strategic objectives
  • Setup program management office, implementing a structure to help ensure the targeted changes will be implemented and embedded in the organization
  • Manage large, often virtual, teams – to maintain steady progress, coordinating workstreams
  • Engage senior stakeholders across the business to help steer direction and resolve issues

 

Who You Are:

  • 10 or more years of cumulative business experience, including 5 of more years post-MBA in a major top tier Management Consulting firm (McKinsey, BCG, or Bain) and 2+ years of full-time strategy experience in a Fortune 500 company. Preference for experience in manufacturing, energy, or utility industry.  In addition, couple of years of experience in engineering or product management or operations or commercial is preferable. 
  • Individual should be a strategy practitioner well versed in the theory and tools of strategy formulation as well as the practical implementation of strategy within a complex organization.
  • Well-honed understanding of the key levers to deliver superior and consistent total shareholder return (TSR), and significant project experience pulling these levers
  • Operational track record of dealing with strategic business issues including micro economics, industry structure, operations strategy, and finance
  • Familiarity with project management approaches, tools and phases of the project lifecycle – with experience applying these skills in managing large teams and leading complex projects
  • International experience is a plus but is not required.
  • Travel

    Willingness to travel 10-20% based on business demand.  Travel is typically infrequent.

    Education

    Bachelor’s degree required

    MBA or other advanced degree from a top program is highly preferred

Why Westinghouse?

Westinghouse Electric Company is the global nuclear energy industry’s first choice for safe, clean, and efficient energy solutions. We enable our delivery of this vision by living our value system:

  • Safety and Quality
  • Integrity and Trust
  • Customer Focus and Innovation
  • Speed and Passion to Win
  • Teamwork and Accountability

Westinghouse offers competitive benefits to all our employees around the globe to keep them healthy and enhance their well-being.  In the U.S. the following are representative of what we offer:

  • Competitive Salary
  • Comprehensive Health, Wellness and Income Protection Benefits
  • 401(k) Savings Plan with Company Match
  • Paid Vacations and Holidays
  • Opportunities for Flexible Work Arrangements
  • Educational Reimbursement Program
  • Employee Referral Program

While our Global Headquarters are located in Cranberry Township, PA, we have over 9,000 employees working at locations in 19 different countries. You can learn more by visiting http://www.westinghousenuclear.com.

EOE of Minorities / Females / Vets / Disability.

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Employment opportunities may require access to information which is subject to the export control regulations of the United States. Hiring decisions for such positions are required by law to be made in compliance with these regulations. Applicants for employment opportunities in other countries must be able to meet the comparable export control requirements of that country and of the United States.

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