OverviewThe Strategy Sr Manager - Technology & Digital Transformation works closely with the Head of Technology Strategy to drive PepsiCo's Technology vision and Strategy.
This role involves identifying and analyzing emerging technology trends, conducting industry outreach, benchmarking, identifying key strategic decisions, and providing thought leadership. The Senior Manager will develop both immediate and long-term technology visions, formulate strategic decisions, and create a comprehensive global tech strategy framework that aligns with business priorities. They will analyze technology spend, benchmark against industry standards, and recommend investment areas to maintain a competitive edge.
A significant aspect of this role involves defining PepsiCo's technology investment strategy. This includes assisting the Board of Directors (BOD) and PepsiCo Executive Committee (PEC) in prioritizing and reallocating spending across the business, guided by our internal enterprise strategy and the evolving technology landscape.
In an era of record investments in technology to maintain a competitive edge and rapid advancements in tech adoption (e.g., GenAI, quantum computing, computer vision), intentionality is crucial for PepsiCo's success. This role is vital in understanding and anticipating trends, setting PepsiCo's technology vision, and recommending substantial changes to our tech investments.
It requires not only grasping the trends but also aligning new technologies with sources of competitive advantage. As our peers become increasingly aggressive with their tech strategies, PepsiCo needs the insight and vision to stay ahead.
Additionally, the role includes developing a technology roadmap, defining success markers, and ensuring adaptability to evolving needs. Expertise in 2-3 key technology areas such as Infrastructure, Architecture, or Product Management is critical.
The Senior manager will engage with senior stakeholders, communicate complex concepts clearly, and build strong relationships to support technology initiatives. They will also participate in industry forums, gather insights, and represent the organization externally.
Conceptual problem-solving and storytelling skills are crucial for addressing challenges and inspiring stakeholders. This position offers the opportunity to shape the future of our enterprise technology and make a significant impact.
ResponsibilitiesMega Trends and Perspectives- Identify and Analyze Emerging Technology Trends: Focus on the evolving aspects of people, processes, and technology. This includes understanding shifts in business processes due to digital transformation, and the adoption of cutting-edge technologies like AI.
- Conduct Industry Outreach: Engage with industry experts and peers through conferences, webinars, and direct communication. Gather insights on the latest trends and strategic moves by peers to benchmark and identify best practices.
- Provide Thought Leadership: Develop detailed reports and presentations on mega trends, offering strategic recommendations. Highlight how these trends can impact the organization and suggest ways to leverage them for competitive advantage.
- Create and Maintain an Ongoing List of Inspiring Case Examples: Compile and regularly update a list of successful technology implementations and innovations. Use these case studies to inform and inspire PepsiCo's technology strategy, ensuring it stays current with industry best practices.
Technology vision and strategy- Develop and Articulate the Immediate, Medium-Term, and Long-Term Technology Vision: Create a comprehensive technology vision that aligns with industry trends, business priorities, and PepsiCo's current maturity. This vision should outline a clear path for technological growth and innovation.
- Formulate Big Bet Decisions: Identify and prioritize major strategic initiatives that will shape the enterprise technology strategy. These "big bets" should focus on transformative projects and investments that have the potential to significantly impact PepsiCo's future success.
- Connect the Dots Between Existing Capabilities: Analyze and integrate current technological capabilities to form a cohesive Global Tech Strategy. This involves identifying synergies and gaps, ensuring that all technology efforts are aligned and contribute to the overall strategic objectives.
- Ensure Business Priorities Inform Technology Strategy: Establish a dynamic feedback loop where business priorities continuously shape the technology strategy, and vice versa. This ensures that technological initiatives are always aligned with business goals, fostering a collaborative environment where technology and business strategies mutually reinforce each other
Technology Spend and External Benchmarking- Analyze Our S&T Spend and Compare It Against Industry Benchmarks: Conduct a thorough analysis of the PepsiCo S&T spend. Compare these figures with industry benchmarks to identify areas where PepsiCo is over or under-investing.
- Identify Directional Targets, Areas of Investment, and Key Focus Areas: Based on the analysis, pinpoint specific targets and areas where investment is needed to maintain or enhance PepsiCo's competitive edge. This includes identifying emerging technologies, strategic initiatives, and key focus areas that align with PepsiCo's long-term goals.
- Provide Recommendations on Optimizing Technology Spend: Offer strategic recommendations to optimize technology spending. This involves suggesting ways to reallocate resources, reduce inefficiencies, and invest in high-impact areas. The goal is to ensure that technology investments are aligned with strategic objectives and deliver maximum value to PepsiC
Technology Roadmap- Develop a Consolidated Technology Roadmap: Create a comprehensive technology roadmap that aligns with PepsiCo's vision and business priorities. This roadmap should integrate various technological initiatives and projects, providing a clear path forward that supports strategic goals and ensures cohesive progress across PepsiCo.
- Define Key Markers of Success (OKRs/KPIs): Establish clear Objectives and Key Results (OKRs) and Key Performance Indicators (KPIs) to measure the success of initiatives outlined in the roadmap.
- These markers will help track progress, identify areas for improvement, and ensure that all efforts are aligned with the overall strategic objectives.
- Ensure the Roadmap is Adaptable: Design the roadmap to be flexible and adaptable to evolving business needs and technological advancements. This involves regularly reviewing and updating the roadmap to reflect changes in the business environment, emerging technologies, and shifting priorities, ensuring that PepsiCo remains agile and responsive to new opportunities and challenges.
Compensation and Benefits:- The expected compensation range for this position is between $123,500 - $206,750.
- Location, confirmed job-related skills, experience, and education will be considered in setting actual starting salary. Your recruiter can share more about the specific salary range during the hiring process.
- Bonus based on performance and eligibility target payout is 15% of annual salary paid out annually.
- Paid time off subject to eligibility, including paid parental leave, vacation, sick, and bereavement.
- In addition to salary, PepsiCo offers a comprehensive benefits package to support our employees and their families, subject to elections and eligibility: Medical, Dental, Vision, Disability, Health, and Dependent Care Reimbursement Accounts, Employee Assistance Program (EAP), Insurance (Accident, Group Legal, Life), Defined Contribution Retirement Plan.
Qualifications- Conceptual Problem Solving: Proficiency in addressing complex technology challenges through innovative problem-solving techniques.
- Leadership and Influence: Ability to inspire and engage stakeholders at all levels, driving collaboration and support for technology initiatives
- Storytelling and Communication: Exceptional storytelling skills to communicate complex concepts clearly and compellingly to diverse audiences.
- Industry Outreach and Networking: Experience in participating in industry forums, gathering insights, and representing PepsiCo externally.
- Technology Roadmap Development: Expertise in creating and managing a comprehensive technology roadmap that aligns with strategic goals.
- Relationship Building: Strong interpersonal skills to build and maintain relationships with internal and external stakeholders.
- Adaptability: Ability to adapt strategies and plans to evolving business needs and technological advancements.
- Expertise in Key Technology Areas: Deep knowledge in 2-3 key technology areas such as Infrastructure, Architecture, or Product Management.
Experience- 8 - 12 years' work experience with either internal or external strategy experience (top-tier consulting firm experience preferred)
- Multi-functional experience, working with support functions (e.g., IT, Finance) and business
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