Why and when to engage with a Strategy consultant?
Every company has a long-term plan, however very few have a dynamic strategy nor governance structure to deal with the ever-changing world around us. The business landscape is changing on what seems like a daily basis. Outbreaks of pandemics as SARS and Covid19 have shown how disruptive this impact is on our national and global economies. Or the ever-evolving digitization and technologies in production and distribution, increasingly globalized markets, constantly moving regulatory requirements, competition for employee talent and increased employee litigation are just a few of the hurdles that you may be facing in your business right now.
There are many advantages an independent strategy consultant can bring to your business; outside perspective on internal issues, well-seasoned and experienced, familiar with your specific industry, someone who has implemented strategic change programs with your competitor(s) or similar type of companies is dire need of setting out a new course.
Experienced external strategy consultants can help navigate your organization and/or leadership through the rough waters of the current business climate.
A fresh pair of eyes not jeopardized by the internal policies and culture will be of tremendous added value to facilitate change and transformation.
The timing and understanding the right time to hire a strategy consultant to help your business is essential. For instance:
- When it’s time for a new viewpoint – There’s nothing more powerful than a new perspective a strategy consultant can bring. Innovative and new ideas will engage your company and project team.
- Flexible solution – When your organization is experiencing an upturn you first might want to hire a strategy consultant to see if this position should be filled for the long term or not, as well as doing the analytics and setting course to secure the sustainability of the growth.
- When you initiate or want to initiate a key project and your organizations lacks the skills or experience to bring it to fruition. A strategy consultant can lead and/or assist you in completing key projects for the duration needed, and no expensive internal hires are needed.