What does a Strategy Consultant do?
Strategy consultants analyze a company’s business practices and goals and make suggestions that improve their direction. They suggest strategies including cutting costs, increasing revenue, making critical decisions, and helping companies define their market or identify trends within specific markets. Strategy consultants help troubleshoot current issues and implement solutions, and they conduct a thorough analysis of a business's competitors to help establish proper objectives and goals.
Strategy consultants study current market trends to help companies adjust to changing conditions that influence production or goals. They help identify critical markets for companies to target and adapt to ensure their successful market changes. They also work closely with upper management to help identify a realistic budget and production decisions, evaluate current practices, and make suggestions to cut costs or increase revenue by developing solutions for problems in those areas. Strategy consultants need a minimum bachelor's degree in business administration, business analytics, management, or related fields.
Strategy Consultant Salaries
Average Base Pay
Strategy Consultant Career Path
Learn how to become a Strategy Consultant, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.