Global Controller- Strategy Execution & Performance Management
Saudi Basic Industries Corporation (SABIC)
Total years of experience :20 years, 5 Months
Strategy Development
- Develop and provide input to the strategy based on Strategic Analysis, PESTLE, SWOT, Porter’s Model, Capabilities School of Thought;
- Supporting the team to set up a long term aspiration and Planning Horizon;
- Support in transferring strategy into Strategy Map for execution based on Balanced Scorecard Methodology
Strategy Execution
- Setup the Measuring process for Strategy execution based on Objectives/KPIs and Initiatives against the targets and benchmarks;
- Decompose the value gaps into initiatives with clear milestones, budgets and Initiative Owners;
- Develop Balanced Scorecard based quarterly reporting;
Global Performance & Reporting
- Drive the global team based in four regions to submit their monthly/quarterly performance reports;
- Analyze these reports to address issues & challenges to come up with action plans to improve performance;
- Help the regional leader to improve performance for their teams by suggesting Rewarding Mechanism
Brief Roles
1. Support the Vice President-Office of Strategy Management (OSM) in the execution of the Group and Sectors’ strategic priorities and programs by effective coordination of a strategy performance review and reporting system;
2. Support the VP-OSM in communicating of the Group’s strategies, values and culture within Corporate Center, Sub Holdings and among Operating Companies.
Detailed Responsibilities
Strategy Management System
- Keeping the updated version of Strategy Management System including Strategy Maps, Balanced Scorecard, Strategic Objectives & Strategic Initiatives, Key Performance Indicators & Initiatives Owners;
- Updating Annual Targets for the Key Performance Indicators (KPIs) as part of Strategic Mandate;
- Proposing & Discussing the targets for the KPIs with the Objective Champions & Owner of Strategic Initiative
Strategy Execution/Reporting
- Defining the Reporting/Data Capturing Mechanism for Objectives/KPIs/Initiatives;
- Coordinating with the Objective Champions and Strategic Initiatives Owner to gather Quarterly Progress Reports;
- Prepare the Quarterly "Balanced Scorecard Strategy Reports" to discuss with the Executive Management;
- Prepare the Minutes of Meetings for "Balanced Scorecard Reports" to follow up Action Items;
Strategy Execution Support
- Manage the Theme Team Meetings to discuss the Challenges & Issues faced by Objective & Initiative Champions;
OSM Strategic Priorities
- Part of the team for Cascading the Strategy Management System in the Sub holdings and Operating Companies;
- Championing the two Initiatives for OSM i.e. Company Performance Booster & Business Plan;
Executive Boards Reporting/Support
- To provide Decision Making support to Executive Committee at Group Holding Board and Sub Holding Boards;
- Special Assignments as required by Board Members for their Decision Making
Balanced Scorecard/Performance Management Responsibilities:-
- Part of the team, to develop & propose the Annual Business/Service Plan aligned with the Strategic Plan;
- Develop & Present the Operational Strategy Maps as part of the Balanced Scorecard Initiatives;
- Define Individual/Teams based Key Performance Indicators (KPIs) to ensure the achievement of the corporate objectives;
- Discussing the proposed benchmarks with the frequency of reporting with the KPI Owners;
- Collection of the KPI data from the KPI Owners for all Strategic Business Units/Service Departments (SBUs/SD);
- Analyzing the KPI data being collected and providing instant feedback to the KPI Team Leaders on the Green, Yellow and Red performances of their teams;
- Consolidating the KPI data for the monthly Balanced Scorecard Reporting on the 04 Strategic Perspectives i.e. Financial, Customers, Internal Processes and Learning/Development;
- Reviewing the Balanced Scorecard with the First Line Managers, Department Head, and concerned SBUs Management, before its submission/presentation to the Group President and Corporate Planning Unit;
- Present the customized reporting for the different teams and individuals to propose the reward for outstanding performances.
Business Processes & Policies Responsibilities
- Assessing the current policies, procedures, forms and templates of the Department and reviewing the feedback being given by the end users to amend them keeping in view the Internal Control effectiveness;
- Aligning the policies & procedures with the corporate performance objectives in discussion with the First Line Managers.
Strategic Development:
- Develop and Contribute Stun Tech strategy by inputting into objectives through setting and implementing operations strategy and processes that facilitates and enhance company growth, meet client’s needs to ensure high productivities;
Project Management:
- Manage the project from Initiation, Involved in Planning of activities, Execution of activities as planned, and successful closure, Build, and maintain relationships with clients and suppliers ensuring that the Customer’s and company’s requirements and needs are fulfilled;
Policies & Procedures:
- Direct the development and oversee the implementation of operational policies, SOPs and controls covering all areas of operations activities so that all relevant procedural/legislative requirements are fulfilled;
Budgeting & Cost Control:
- Preparation of the budget and monitor financial performance versus the budget so that the business is aware of anticipated costs/revenues, areas of unsatisfactory performance are identified and potential performance improvement opportunities are capitalized upon.
HR & Organization Development:
- Hire, recruit and train the HR keeping in view the corporate objectives;
- Define an optimum staff structure for the all the department so that resources are optimally utilized in discussion with the department heads.
- Plans, directs, and manages the transmission department Yearly Service Plans;
- Responsible for the proper implementation of Company Standard Operating Procedures (SOPs);
- Preparation of budgets and comparing them with actual reports in order to analyze the variances;
- Prepare monthly expenditure, Human productivity and cost analysis reports for senior management’s actions;
- Act to resolve the conflict between fields staff and management;
- Undertake transparent recruiting procedures as defined in the administrative SOPs to hire best talent;
- Maintain the career tracking records of all the employees and evaluating them for the promotions and training as well.
- Manage all the procurement of the department as part of the Annual Plan.
Master of Business Administration (MBA)
