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The differences between strategic 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 strategic consultant and a strategy consultant. Additionally, a strategy consultant has an average salary of $115,244, which is higher than the $104,820 average annual salary of a strategic consultant.
The top three skills for a strategic consultant include project management, strategic sourcing and process improvement. The most important skills for a strategy consultant are healthcare, project management, and develop recommendations.
| Strategic Consultant | Strategy Consultant | |
| Yearly salary | $104,820 | $115,244 |
| Hourly rate | $50.39 | $55.41 |
| Growth rate | 11% | 11% |
| Number of jobs | 68,479 | 70,241 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 66% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A strategic consultant is responsible for assessing business management procedures and identifying opportunities to enhance project processes for business solutions and requirements. Strategic consultants develop services that would help the company increase revenues and profits by conducting data and statistical analysis and analyzing the current market trends. They also review quality control procedures to manage inconsistencies and establish techniques to maximize the staff's productivity and efficiency. A strategic consultant must have excellent communication and critical-thinking skills to support the business in achieving its long-term goals and objectives.
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.
Strategic consultants and strategy consultants have different pay scales, as shown below.
| Strategic Consultant | Strategy Consultant | |
| Average salary | $104,820 | $115,244 |
| Salary range | Between $80,000 And $136,000 | Between $87,000 And $151,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Texas | Alaska |
| Best paying company | Mayo Clinic | |
| Best paying industry | Media | Finance |
There are a few differences between a strategic consultant and a strategy consultant in terms of educational background:
| Strategic Consultant | Strategy Consultant | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between strategic consultants' and strategy consultants' demographics:
| Strategic Consultant | Strategy Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 58.0% Female, 42.0% | Male, 63.1% Female, 36.9% |
| Race ratio | Black or African American, 7.7% Unknown, 4.5% Hispanic or Latino, 8.7% Asian, 14.1% White, 64.8% 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% |