Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between business transformation consultants and strategy consultants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a business transformation consultant and a strategy consultant. Additionally, a strategy consultant has an average salary of $115,244, which is higher than the $97,591 average annual salary of a business transformation consultant.
The top three skills for a business transformation consultant include client facing, lean six sigma and project management. The most important skills for a strategy consultant are healthcare, project management, and develop recommendations.
| Business Transformation Consultant | Strategy Consultant | |
| Yearly salary | $97,591 | $115,244 |
| Hourly rate | $46.92 | $55.41 |
| Growth rate | 11% | 11% |
| Number of jobs | 109,156 | 70,241 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 66% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A business transformation consultant is responsible for analyzing business performance and identifying opportunities that would help the business grow revenues and achieve long-term goals and objectives. Business transformation consultants analyze the production and operational processes to measure its efficiency in providing high-quality deliverables for clients' satisfaction. They study the business services and modify current procedures for optimal performance and enhance the company's methods for competitiveness. A business transformation consultant must be a critical-thinker to address business issues and improve practices according to the company's best interests.
A strategy consultant specializes in examining and analyzing business processes to identify areas needing improvement, ensuring to provide strategies for optimal performance. A strategy consultant may work as a member of a company or as a freelancer. Typically, their responsibilities revolve around discussing business vision and goals with clients, assessing the workflow and the workforce of a company, observing competitors, identifying risks, and recommending strategies for profitable growth and customer satisfaction. Furthermore, as a strategy consultant, it is essential to adhere to the company's vision and mission throughout the process.
Business transformation consultants and strategy consultants have different pay scales, as shown below.
| Business Transformation Consultant | Strategy Consultant | |
| Average salary | $97,591 | $115,244 |
| Salary range | Between $71,000 And $132,000 | Between $87,000 And $151,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | New York | Alaska |
| Best paying company | VMware | Mayo Clinic |
| Best paying industry | Manufacturing | Finance |
There are a few differences between a business transformation consultant and a strategy consultant in terms of educational background:
| Business Transformation Consultant | Strategy Consultant | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between business transformation consultants' and strategy consultants' demographics:
| Business Transformation Consultant | Strategy Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 59.7% Female, 40.3% | Male, 63.1% Female, 36.9% |
| Race ratio | Black or African American, 7.5% Unknown, 4.5% Hispanic or Latino, 8.5% Asian, 14.6% White, 64.7% American Indian and Alaska Native, 0.2% | Black or African American, 7.5% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.5% White, 64.9% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |