For your organisation, understand the role of a Strategy Consulting Firm in Brisbane

Strategy consultants have deep and profound industry knowledge, allowing them to deliver unbiased and innovative advice to companies. Generally, a consulting strategy firm in Brisbane will be hired by a company to access its management consulting services for senior management of the organisation doing the hiring. This level of consultation initially occurs primarily at senior level.

Role of a strategy consulting firm

As the name implies, a strategy consultant guides top-level management of an enterprise in the way of strategies to achieve particular business goals while guiding the processes to implement these strategies. A strategy consultant, sometimes also referred to as a management consultant may be accessed by a company for a fixed time frame. In that duration, expect them to dedicate all of their time, effort, and energy to resolving a specific problem.

Strategy Consultants bring in skill sets that include

·         People Skills – working with multiple stakeholders, strategy consultants bring to the table exceptional people skills and capabilities in communications. Relationships need to be built quickly and effectively to gain confidence and cooperation.

·         Time Management – Strategy consultants need to use time effectively and to budgeted parameters.

·         Analytical skills: Management consultants source and analyse large amounts of company data to assist in problem-solving, strategy and decision making. These analytical skills therein structure solutions and to present information at a range of levels. .

·         Flexibility – strategy consultant continually learn. They cannot be set in their ways and need to keep an open mind each new project. Corporate strategy

A strategy consultant will study and analyse the existing issues and problems in an organisation and suggest practical plans for improvement and development. Since the consultant is hired from the outside, they give a ‘birds-eye view’ of the existing issues, and their advice would be based on an impartial assessment of the current situation. A consulting firm in Brisbane will consist of top industry experts. They will have a solid knowledge-base of the relevant domain as well as have expertise in other related fields such as finance, Information Technology, marketing, human resource or strategic management.

As the global corporate sectors burgeons, the need for specialised strategy consultants is also on the rise. In 2011, the global management consulting market was valued at US$107 billion. In 2019, the figure stood at US$160 billion. In Australia, the strategy consultant market has also been robust with year on year growth hitting an all-time high of US$5 billion in 2017.

·         Strategy consultants help business entities in making realistic decisions.

·         They offer strategic advice to the top management.

·         They research to collect data and carry out an extensive analysis of the same to give valued recommendations.

·         They help with strategy execution.

·         The end goal is to achieve benefit realisation on a project-to-project basis.

About the Author:

Empresa Strategies management consultants bring significant experience, apply the latest strategic management methods and advanced research methodologies when interacting with clients.