What does a strategy consultant do? / Strategy consultant roles and responsibilities

Strategy consultants examine a company’s operational procedures and strategic objectives and offer recommendations for improvement. They offer suggestions for cost-cutting, revenue-boosting, decision-making, and helping businesses define their markets or spot trends in certain areas. Strategy consultants carry out detailed research of a company’s competition to help set appropriate objectives and goals. They also assist in troubleshooting present problems and putting solutions into practice.

Role and responsibilities of a strategy consultant might range widely and include the following:

• Giving clients strategic guidance on how to achieve their business objectives, such as enhancing operations, boosting revenues, or cutting expenses
• Suggesting modifications to organizational structure or culture in order to meet strategic objectives
• Collecting information and conducting research to assist businesses in better comprehending their clientele or customers
• Planning and executing new product, service, technology, or marketing campaign strategies
• Locating and evaluating organizational issues in order to create solutions that are suitable for the problem
• Performing feasibility analysis to ascertain the viability of proposed projects or initiatives
• Advising clients on how to improve their business operations, organizational structure, leadership, or any other area of their operation
• Creating long-term growth plans for businesses and organizations, including assessing the opportunities and dangers associated with each plan
• Holding training sessions to instruct staff on how to use new techniques or procedures in their work