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.

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Average Years of Experience

0 - 1
11%
2 - 4
52%
5 - 7
30%
8+
7%

Common Skill Sets

Consulting Experience
Cloud
Influencing
Written Communication
Critical Thinking
Leadership
AWS
Powerpoint

Strategy Consultant Seniority Levels

Business Consultant
8% made the transition
Implementation Consultant
9% made the transition
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Strategy Consultant Salaries

Average Base Pay

£51,975 /yr
Same as national average
Not including cash compensation
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£37K
Median: £52K
£73K
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Glassdoor Estimated Salary

Strategy Consultant jobs