HOW THE BEST BUSINESS STRATEGY FIRMS ARE DRIVING GROWTH, INNOVATION AND CHANGE MANAGEMENT

As the corporate landscape grows more complex, volatile and multi-disciplinary, business strategy firms must rise to meet new challenges reshaping industries. Though core capabilities like strategic planning, market intelligence, operational excellence and organizational change management will remain foundational, business strategy firms note that new disruptive forces will drive an increase in emerging service offerings. Let’s explore numerous areas of rising strategic demand:

Data Science & Advanced Analytics – With the exponential growth of data, business strategy firms will integrate more advanced analytics, automation and artificial intelligence to drive precision strategic planning and decision support for leaders. Next-gen analytics will power strategic opportunities serving as strategic growth accelerators.

Innovation Architecture & Design – As innovation ecosystems expand through wider partnership networks, strategic consultants will provide more services around constructing collaborative digital platforms, intelligent systems and product architectures to enable virtual teaming, rapid experimentation and open co-creation powered by external networks.

Industry Foresight – Forward-focused industry foresight as a strategic capability will grow, with consultants investing in futures studies, scenario planning, risk readiness, opportunity analysis and contingency planning to help firms adapt and lead change in volatile times marked by uncertainty. Proactive preparedness rises in relevance.

Sustainability – The best business strategy firms will guide more holistic business model transformations, products and systems redesign around circular economic principles and carbon footprint responsibility throughout the value chain – from strategy to implementation. Sustainability will be woven into all aspects of business.

As the world grows smaller but the marketplace grows bigger, thriving will require what business strategy firms do best – decode complexity, scout the horizon, map new territory, dynamically realign organizations to capitalize on the next wave of change and guide clients to enter uncharted arenas armed with strategic readiness, network collaboration and an innovation advantage.