How much does a Strategic Planning Analyst V make in Minnesota? The average Strategic Planning Analyst V salary in Minnesota is $176,237 as of March 26, 2024, but the range typically falls between $161,781 and $194,955. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
Percentile | Salary | Location | Last Updated |
10th Percentile Strategic Planning Analyst V Salary | $148,619 | MN | March 26, 2024 |
25th Percentile Strategic Planning Analyst V Salary | $161,781 | MN | March 26, 2024 |
50th Percentile Strategic Planning Analyst V Salary | $176,237 | MN | March 26, 2024 |
75th Percentile Strategic Planning Analyst V Salary | $194,955 | MN | March 26, 2024 |
90th Percentile Strategic Planning Analyst V Salary | $211,997 | MN | March 26, 2024 |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Strategic Planning: Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy. It may also extend to control mechanisms for guiding the implementation of the strategy. Strategic planning became prominent in corporations during the 1960s and remains an important aspect of strategic management. It is executed by strategic planners or strategists, who involve many parties and research sources in their analysis of the organization and its relationship to the environment in which it competes. Strategy has many definitions, but generally involves setting strategic goals, determining actions to achieve the goals, and mobilizing resources to execute the actions. A strategy describes how the ends (goals) will be achieved by the means (resources). The senior leadership of an organization is generally tasked with determining strategy. Strategy can be planned (intended) or can be observed as a pattern of activity (emergent) as the organization adapts to its environment or competes.
Market Research: Market research is an organized effort to gather information about target markets or customers. It is a very important component of business strategy. The term is commonly interchanged with marketing research; however, expert practitioners may wish to draw a distinction, in that marketing research is concerned specifically about marketing processes, while market research is concerned specifically with markets. Market research is one of the main factors used in maintaining competitiveness over competitors. Market research provides important information which helps to identify and analyze the needs of the market, the market size and the competition. Market-research techniques encompass both qualitative techniques such as focus groups, in-depth interviews, and ethnography, as well as quantitative techniques such as customer surveys, and analysis of secondary data. Market research, which includes social and opinion research, is the systematic gathering and interpretation of information about individuals or organizations using statistical and analytical methods and techniques of the applied social sciences to gain insight or support decision making.
Product Development: Overseeing the creation of new products or improvement of the performance, cost, or quality of existing products to achieve business goals.
Strategic Planning Analyst V is responsible for developing long-term goals and strategic objectives for an organization. Identifies, analyzes, and monitors issues that affect profitability, growth, and productivity. Being a Strategic Planning Analyst V recommends financial and non-financial strategic alternatives and develops and maintains operational plans. Requires a bachelor's degree. Additionally, Strategic Planning Analyst V typically reports to manager or head of a unit/department. The Strategic Planning Analyst V works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. Works autonomously. Goals are generally communicated in solution or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. To be a Strategic Planning Analyst V typically requires 10+ years of related experience. (Copyright 2024 Salary.com)... View full job description
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Location | Avg. Salary | Date Updated |
---|---|---|
Location Lakeville, MN | Avg. Salary $181,578 | Date Updated March 26, 2024 |
Location Minnetonka, MN | Avg. Salary $182,784 | Date Updated March 26, 2024 |
Location Ada, MN | Avg. Salary $162,800 | Date Updated March 26, 2024 |
Location Adams, MN | Avg. Salary $171,069 | Date Updated March 26, 2024 |
Location Adolph, MN | Avg. Salary $166,418 | Date Updated March 26, 2024 |
Location Adrian, MN | Avg. Salary $153,842 | Date Updated March 26, 2024 |
Location Afton, MN | Avg. Salary $181,406 | Date Updated March 26, 2024 |
Location Ah Gwah Ching, MN | Avg. Salary $165,384 | Date Updated March 26, 2024 |
Location Aitkin, MN | Avg. Salary $166,590 | Date Updated March 26, 2024 |
Location Akeley, MN | Avg. Salary $165,556 | Date Updated March 26, 2024 |
A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Strategic Planning Analyst V, the first career path typically starts with a Strategic Planning Manager position, and then progresses to Strategic Planning Senior Manager.
Additionally, the second career path typically progresses to Planning Director.
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
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Job Title Strategic Planning Analyst I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Strategic Planning Analyst II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Strategic Planning Analyst III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Strategic Planning Analyst IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
Job Title Strategic Planning Director | Experience | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Strategic Planning Analyst V salary of your education level.
Strategic Planning Analyst V salary varies from country to country. There are several factors that mainly impact the Strategic Planning Analyst V salary, including cost of living, economic conditions, market rates and legal differences. Click below to Strategic Planning Analyst V salary of the other country.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Strategic Planning Analyst V salary varies from category to category. Click below to see Strategic Planning Analyst V salary in different categories.
About Minnesota Minnesota (/ˌmɪnɪˈsoʊtə/ (listen)) is a state in the Upper Midwest and northern regions of the United States. Minnesota was admitted as the 32nd U.S. ....More
Skills associated with Strategic Planning Analyst V: Strategic Project Management, Strategic Analysis, Strategic Planning, Strategy Management ...More
Salary estimation for Strategic Planning Analyst V at companies like : MBNA CONSUMER SERVICES Inc, Nursing Unlimited LLC, Nathan For Governor