STRATEGY CONSULTANTS: WHAT TYPES OF SERVICES DO CONSULTING FIRMS PROVIDE?

Strategy consultants are hired by organizations to provide expert advice, guidance, and solutions across a wide spectrum of business functions and needs. While their precise services differ by firm and area of specialty, strategy consultants generally provide three major types of services:

1. Strategic Planning
Top experts help companies analyze their current business model, performance, capabilities, and market landscape to inform long-term vision, decision making, and growth strategies. Think identifying objectives, evaluating expansion opportunities, competitive positioning, exploring new markets/products/partnerships, measuring strategic preparedness, and mapping a strategic plan.

2. Operational Improvement
Leading strategy consultants use human-centered design thinking combined with data analytics to assess operational processes and systems to identify inefficiencies, reduce costs, increase quality, eliminate waste, and improve overall performance. Services focus on revamping operations to optimize productivity, profitability, and sustainability.

3. Organizational Change Management
Advisors provide guidance on leading and managing organizational change initiatives like mergers/acquisitions, culture redesign, digital transformation, and more. Services center on stakeholder analysis, transition roadmapping, leadership alignment, employee adoption techniques, governance, and capabilities building to drive successful change.

Also strategy consultants often provide more role-specific services around:
– Growth strategy consulting
– Risk and resilience consulting
– Sales and marketing consulting
– Market entry strategy consulting
– Post-merger integration consulting
– IT strategy consulting
– Corporate strategy consulting

Leading pros exhibit thought leadership and leverage best practices but customize approaches based on a client’s unique vision, objectives, structure, operations, resources and culture. The aim is tailored strategies and solutions.

From devising cutting-edge growth opportunities to streamlining operations to guiding digital adoption, strategy consultants deliver strategic clarity and actionable solutions to accelerate performance – even amid complexity and volatility. The integrated view and outside-in perspective leaders provide equips organizations to capitalize on opportunities.