Strategic consulting, often referred to as strategic consultancy or boardroom consulting, is one the most ‘high-end’ and prestigious segments within the professional services industry. The domain of strategic consulting focuses on supporting private sector clients with the development of corporate / business unit strategies and helping public sector organisations with public policy.
Strategic Consulting services
The market for strategic consulting services consists of five main disciplines: Corporate Strategy, Public Sector Strategy, Mergers & Acquisitions, Organisational Strategy and Functional Strategy. An overview of the key expertise areas per discipline.
Strategic consultants are hired by ArBhar to support the clients with strategic decision making, which includes the development of strategy and to an extent also the execution of strategic plans. As the responsibility for strategic decision making falls under the mandate of CxO’s and (senior) management, ArBhar’s strategy consultants typically work for executives and high-ranked managers.
The main task of a strategy consultant is to provide a strategic advice on a certain management topic. Several activities are part of this phase, including data gathering through desk research, surveys and/or interviews, hypothesis-testing, (fact-based) data analysis, setting up a recommendation and subsequently presenting the advice to client management. The implementation of the strategy – known as ‘strategy execution’ – involves translating strategies to action plans and implementing these plans within the organisation, including areas such project management and benefit realisation.
Our strategic consulting has team a number of different offerings and it varies on client requirement. The largest difference lies in the role of strategy consultants within the advisory value chain. ArBhar’s Strategists only support the ‘Strategic Advisory’ phase of projects; our involvement in the ‘Execution’ phase is limited, often to the initial phases or to strategic areas that require continuity throughout the transformation. Once it comes down to full-scale implementation services then our strategic Consulting team are not involved.