What does a strategy consultant do?
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.
Strategy consultant responsibilities
Here are examples of responsibilities from real strategy consultant resumes:
- Lead project to ensure integration of CMS and other regulations (HIPAA etc . )
- Achieve SOX compliance requirements across organization.
- Manage the remediation process using SDLC methodology.
- Develop and manage all front-of-house operations / logistics including guest control planning, security, celebrity appearances and executive presentations.
- Develop and manage value-based pricing strategy that maximize profitability and marketability of limited-inventory advertising portfolio.
- Provide business development and growth direction to technology focuse entrepreneurs and small businesses.
- Organize the company legally as a LLC.
- Form LLC and consult for profit/non-profit purposes.
- Install Solaris and Linux on various hardware platforms.
- Automate executing script files through UNIX using AutoSys.
- Work with colleagues on enhancing data mining, analytics and visualization products.
- Recommend product features and marketing tactics to attract service providers to cloud platform.
- Evaluate and test KeyFocus' KFSensor advance windows honeypot system for hidden capabilities.
- Set up and maintain client systems (Unix and VMS) during development.
- Serve as subject matter expert on tool and best practices for other tableau users.
Strategy consultant skills and personality traits
We calculated that 7% of Strategy Consultants are proficient in Healthcare, Project Management, and Develop Recommendations. They’re also known for soft skills such as Problem-solving skills, Time-management skills, and Analytical skills.
We break down the percentage of Strategy Consultants that have these skills listed on their resume here:
- Healthcare, 7%
Consulted businesses regarding health strategy initiatives to improve their population s health outcomes and job performance through healthcare process improvements.
- Project Management, 6%
Provided technical project management for enterprise architecture and data integration efforts, as well as other IT engagements.
- Develop Recommendations, 6%
Collaborated with engagement stakeholders to validate analysis, solicit input and develop recommendations.
- Client Facing, 5%
Designed and developed client facing applications and collaborated with key stakeholders to identify and organize data sources.
- Market Research, 5%
Performed market research and competitor analysis to identify key performance indicators of measuring churn and dunning to understand industry standards.
- Business Development, 4%
Advise nonprofit organizations and small businesses on stakeholder engagement, market positioning & targeting, change management and business development.
Most strategy consultants use their skills in "healthcare," "project management," and "develop recommendations" to do their jobs. You can find more detail on essential strategy consultant responsibilities here:
Problem-solving skills. To carry out their duties, the most important skill for a strategy consultant to have is problem-solving skills. Their role and responsibilities require that "management analysts must be able to think creatively to solve clients’ problems." Strategy consultants often use problem-solving skills in their day-to-day job, as shown by this real resume: "provided new ideas for product development and solutions for specific business challenges. "
Time-management skills. Many strategy consultant duties rely on time-management skills. "management analysts often work under tight deadlines and must use their time efficiently to complete projects on schedule.," so a strategy consultant will need this skill often in their role. This resume example is just one of many ways strategy consultant responsibilities rely on time-management skills: "managed product development of data management and analysis applications that cut project implementation time 15%. "
Analytical skills. Another skill that relates to the job responsibilities of strategy consultants is analytical skills. This skill is critical to many everyday strategy consultant duties, as "management analysts must be able to interpret information and use their findings to make proposals." This example from a resume shows how this skill is used: "worked with colleagues on enhancing data mining, analytics and visualization products. "
Communication skills. A big part of what strategy consultants do relies on "communication skills." You can see how essential it is to strategy consultant responsibilities because "management analysts must be able to convey information clearly in both writing and speaking." Here's an example of how this skill is used from a resume that represents typical strategy consultant tasks: "led global segmentation for anheuser-busch inbev to inform product development, marketing and communication platforms, poc/pos activation and digital strategy. "
Interpersonal skills. Another common skill required for strategy consultant responsibilities is "interpersonal skills." This skill comes up in the duties of strategy consultants all the time, as "management analysts work with managers and other employees of the organizations for which they provide consulting services." An excerpt from a real strategy consultant resume shows how this skill is central to what a strategy consultant does: "provided a high level of customer service and passenger relations based on outstanding communication and interpersonal skills. "
The three companies that hire the most strategy consultants are:
- Deloitte370 strategy consultants jobs
- CBRE Group192 strategy consultants jobs
- Accenture184 strategy consultants jobs
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Compare different strategy consultants
Strategy consultant vs. Manager, strategy
A strategy manager is an individual who reviews a company's objectives for growth and works with executives to formulate actionable plans to achieve these objectives. To make comprehensive recommendations, strategy managers must conduct data analysis of the organization as well as the overall industry. They must provide assessments of market trends and identify business threats and opportunities. Strategy managers should also work with department heads to develop individual team goals and break them down into actionable steps for the employees to complete.
While similarities exist, there are also some differences between strategy consultants and manager, strategy. For instance, strategy consultant responsibilities require skills such as "healthcare," "digital transformation," "strategic recommendations," and "azure." Whereas a manager, strategy is skilled in "portfolio," "business cases," "customer service," and "develop go-to-market." This is part of what separates the two careers.
Managers, strategy tend to make the most money working in the technology industry, where they earn an average salary of $116,769. In contrast, strategy consultants make the biggest average salary, $114,533, in the finance industry.managers, strategy tend to reach similar levels of education than strategy consultants. In fact, managers, strategy are 1.3% more likely to graduate with a Master's Degree and 0.4% less likely to have a Doctoral Degree.Strategy consultant vs. Business development consultant
The role of business consultants is to provide an analysis of a company on its business practices and make recommendations for long-term goals. This role is also connected with various duties and responsibilities, including reviewing the company's financial statements, engaging in research on how to improve the company's offers, and developing new business models. Also, business consultants are responsible for negotiating contracts as needed, initiating plans and strategies to minimize company losses and drive profits. They may also function as the company's representative in promotional events and trade associations.
Each career also uses different skills, according to real strategy consultant resumes. While strategy consultant responsibilities can utilize skills like "digital transformation," "develop recommendations," "client facing," and "data analysis," business development consultants use skills like "cloud," "customer satisfaction," "sales training," and "sales pipeline."
Business development consultants may earn a lower salary than strategy consultants, but business development consultants earn the most pay in the media industry with an average salary of $95,927. On the other hand, strategy consultants receive higher pay in the finance industry, where they earn an average salary of $114,533.In general, business development consultants achieve lower levels of education than strategy consultants. They're 11.8% less likely to obtain a Master's Degree while being 0.4% less likely to earn a Doctoral Degree.What technology do you think will become more important and prevalent for strategy consultants in the next 3-5 years?
Angela Grotto Ph.D.
Associate Professor of Management, Manhattan College
- Data visualization to communicate the results of data analysis with an audience that may not be proficient in analytics; learn to use fewer words and equations and more eye-catching visual displays to tell a story about your analysis results.
- Automated technology to make jobs more comfortable and more efficient and increase productivity; this technology may replace specific jobs but also creates opportunities for new employment; so develop the necessary skill sets that will be in high demand but in low supply, such as coding, to make yourself more marketable, even if this skill is unrelated to your degree.
- Artificial technology and machine learning make business and HR decisions and plans (e.g., forecasting trends, allocating funds, product placement, who to hire).
Strategy consultant vs. Senior management consultant
A senior management consultant is an experienced professional who is in charge of a team of management consultants to help an organization solve issues, maximize growth, and improve business performance. Senior management consultants must conduct company research so that they can better understand the organization. They prepare business proposals and presentations as well as identify issues to form hypotheses and solutions. Senior management consultants must also implement recommendations or solutions and ensure that an organization receives the necessary assistance to carry it all out.
Some important key differences between the two careers include a few of the skills necessary to fulfill the responsibilities of each. Some examples from strategy consultant resumes include skills like "develop recommendations," "market research," "data analysis," and "business strategy," whereas a senior management consultant is more likely to list skills in "analytics," "portfolio," "business analysis," and "risk management. "
Senior management consultants make a very good living in the technology industry with an average annual salary of $135,771. On the other hand, strategy consultants are paid the highest salary in the finance industry, with average annual pay of $114,533.When it comes to education, senior management consultants tend to earn lower degree levels compared to strategy consultants. In fact, they're 5.8% less likely to earn a Master's Degree, and 0.1% less likely to graduate with a Doctoral Degree.Strategy consultant vs. Program management consultant
A program management consultant is responsible for analyzing project requirements based on clients' specifications, developing quality improvement techniques, and reviewing project deliverables. Program management consultants work closely with the project team to identify project initiatives and resolve complexities that may arise. They also inspect the resources and materials to be utilized during the project and determine cost-reduction processes without compromising quality and efficiency. A program management consultant coordinates with the clients for progress updates and informs them of any plan adjustments as needed.
Types of strategy consultant
Updated January 8, 2025
