Director of Corporate Strategy

Recruiter
Neiman Marcus
Location
Irving, Texas, United States
Posted
19 May 2022
Closes
02 Aug 2022
Ref
21384
Function
Operations
NEIMAN MARCUS GROUP

Neiman Marcus Group (NMG) has been the premier destination for luxury fashion and goods, superior service, and an elevated retail experience for more than a century. Today, 9,000 associates contribute to the success of NMG's brands: Neiman Marcus, Bergdorf Goodman, Last Call, and Horchow. There are 38 full-line Neiman Marcus stores in cosmopolitan markets across the United States and a sophisticated digital platform that attracts shoppers worldwide. Bergdorf Goodman operates two stores in landmark locations on Fifth Avenue in New York City and BergdorfGoodman.com, catering to loyal luxury customers globally. NMG also owns five Last Call stores and Horchow.com, an e-commerce site that offers premium furniture and home decor.

As an organization, NMG is on a transformational journey to become the preeminent luxury customer platform. NMG continues to deliver the best integrated customer experience and has evolved the business to succeed in the ever-changing retail landscape. NMG is a relationship business. What differentiates the organization from other luxury retailers are its unique assets: a strong store footprint, the most knowledgeable associates, an engaging online experience, solid brand partnerships, innovative digital and in-store experiences, the most loyal luxury customer base, and a strong balance sheet.

Our customers will always be at the center of everything NMG does. The company continues to reinvest in new technologies that enhance the customer experience. NMG meets customers where they are. NMG's goal is to offer customers a seamless experience across its stores, online, and remote digital selling.

NMG's priority is to develop a highly engaged and high-performing team where everyone belongs. The business attracts and retains best-in-class talent through unique offerings provided to associates in addition to standard employer benefits. These include an innovative way of working, associate discounts on merchandise, tuition reimbursement, associate hardship fund, and paid time off to volunteer, to name a few.

As part of NMG's Environmental, Social, Governance (ESG) work, the organization is focused on driving its core value of being "All Heart." NMG is also assessing its current environmental and social impact while developing a three-year plan to lead the luxury industry in its commitment and transparency to environmental and social sustainability. NMG strives to become an employer of choice, driven by a culture of Belonging. A dedicated team focuses on this journey, directly impacting how NMG conducts business throughout the workforce, workplace, and marketplace dimensions.

NMG has incredibly passionate and committed corporate and store associates. NMG offers associates an environment where everyone feels welcomed, nurtured, and empowered. Our associates are the heart of NMG. As an organization, NMG leads with love - love for customers, love for associates, and love for brand partners.

The Director, Corporate Strategy is charged with developing and communicating the Neiman Marcus and Bergdorf Goodman brands' growth strategy and providing recommendations on strategic direction to executives & the Board of Directors. This role works across the organization to align, enable, and support the development of NMG's strategic roadmap. The Director, Corporate Strategy will shape the strategic planning agenda, drive key strategic initiatives, and set up baseline reporting on performance to enable the organization to compete effectively and contribute towards NMG's vision of being an innovative, growth-minded, customer-centric luxury platform. The Director, Corporate Strategy will report to the VP, Corporate Strategy & Analysis and work closely with the executive leadership team.

Job Responsibilities:
  • Shape long-term strategy and annual planning process through integrating and synthesizing market landscape insights, identifying and evaluating opportunities, and partnering with executive leadership team to align on a strategic plan
  • Advises the executive team on analysis of progress towards the strategic vision, highlighting risks to value creation. Owns key executive reports and metrics
  • Spearhead critical strategic initiatives by bringing thought leadership, strategic framing, and a strong problem-solving toolkit. Create business plans for high potential opportunities and follow-through by partnering with key functional leaders on an execution plan
  • Partners with Financial Planning & Analysis to supports initiative ad hoc financial, economic, consumer and operation analyses. Monitors performance of the business by ensuring core KPIs are met and understanding the driving forces behind them
  • Acts as an agent of change utilizing data and metrics to influence and align perspectives and prepare people within the organization to act with urgency;
  • Coach and develop manager/analyst level team members and contribute to a culture of collaboration and high performance


Desired Education, Qualifications & Experience:

  • 6-8 years of management consulting, corporate strategy, and/or related business unit leadership experience with a passion for apparel, retail, and luxury;
  • Bachelor's degree required; MBA preferred;
  • Demonstrated problem-solving skills; ability to structure ambiguous problems, to bring logic to drive key analyses, and to synthesize analyses to actionable insights;
  • Strong quantitative background with experience distilling insights from complex data;
  • Connects creative out-of-the box thinking to business implications and financial outcomes;
  • Ability to create strong working relationships with all levels of the organization, including building relationships and influencing senior management teams;
  • Strong executive presence and communication skills with the ability to translate highly complex concepts and communicate them in a concise, digestible manner;
  • Experience in the e-commerce, luxury retail, or management consulting industries;
  • Highly motivated self-starter with a willingness to remove obstacles, to manage cross-functional complexities and stakeholders; and to prioritize in a dynamic environment;
  • Energy and edge that serve as catalyst for action and change in the organization;
  • Exceptional people leader with ability to inspire, motivate, and develop teams

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