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Business Strategy Consulting

4.7

(19 students)
Last updated:August 1, 2024
Language:English

Business Strategy Consulting

4.7

(19 students)

Rated Excellent on

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Overview

Unlock your potential in the booming UK consulting industry with our Business Strategy Consulting course. With the consulting market valued at over £11 billion in 2022, businesses of all sizes are increasingly seeking skilled professionals to navigate complex environments and drive sustainable growth. Our course equips you with essential skills in strategic analysis, planning, and implementation, preparing you to meet this rising demand.

The Business Strategy Consulting course is divided into 17 comprehensive sections, covering critical topics for success in business strategy consulting. You’ll gain insights into building sustainable competitive advantage, growth strategy options, strategic responses to mature and declining markets, and financial modelling.

Through this Business Strategy Consulting course, you will understand the fundamentals of business strategy consulting, create effective strategies tailored to specific business environments, and conduct PEST and PESTEL analysis to understand external strategic environments. 

You will explore competitive strategies and industry analysis with Michael Porter’s framework, prioritise growth strategies with the BCG Growth Share Matrix, develop long-term strategies for sustainable success, and connect strategy with finance to create robust business plans.

Boost your career and become a key player in the UK consulting industry with our Business Strategy Consulting course. Enrol today and take the first step towards mastering business strategy and achieving professional excellence.

Learning Outcomes

After completing this course, you will be able to:

  • Mastery of business strategy principles and practices
  • Ability to conduct PEST and PESTEL analysis
  • Proficiency in using SWOT, TOWS, and SOAR frameworks
  • Skills to apply Michael Porter’s industry analysis and competitive strategies
  • Expertise in prioritising strategic options with the BCG Growth Share Matrix
  • Knowledge of developing sustainable competitive advantage
  • Understanding of growth strategy options and responses to mature markets
  • Competence in financial modelling and connecting strategy with finance
  • Foundation for further professional development and career advancement

How will I get my certificate?

You may have to take a quiz or a written test online during or after the course. After successfully completing the course, you will be eligible for the certificate.

Who is This course for?

There is no experience or previous qualifications required for enrolment on this Business Strategy Consulting. It is available to all students, of all academic backgrounds.

Requirements

Our Business Strategy Consulting is fully compatible with PC’s, Mac’s, Laptop, Tablet and Smartphone devices. This course has been designed to be fully compatible with tablets and smartphones so you can access your course on Wi-Fi, 3G or 4G.

There is no time limit for completing this course, it can be studied in your own time at your own pace.

Career Path

Business Strategy Consultant

  • Advises businesses on strategic planning and implementation to achieve growth and competitive advantage.
  • Average Salary: £50,000 – £80,000 per year

Management Consultant

  • Works with organisations to improve their efficiency and profitability through strategic analysis and planning.
  • Average Salary: £45,000 – £75,000 per year

Business Analyst

  • Analyses business needs and develops strategies to improve processes and outcomes.
  • Average Salary: £35,000 – £55,000 per year

Strategic Planner

  • Develops long-term strategies to ensure business growth and sustainability.
  • Average Salary: £40,000 – £60,000 per year

Financial Analyst

  • Evaluates financial data to guide strategic business decisions.
  • Average Salary: £35,000 – £50,000 per year

Project Manager

  • Oversees projects from planning to completion, ensuring strategic goals are met.
  • Average Salary: £40,000 – £70,000 per year

Marketing Manager

  • Develops and implements marketing strategies to enhance brand awareness and sales.
  • Average Salary: £35,000 – £55,000 per year

Operations Manager

  • Manages daily operations and develops strategies to improve efficiency and productivity.
  • Average Salary: £45,000 – £65,000 per year

Product Manager

  • Oversees the development and marketing of products, aligning strategies with business goals.
  • Average Salary: £40,000 – £70,000 per year

Chief Executive Officer (CEO)

  • Leads the overall strategic direction of an organisation.
  • Average Salary: £100,000+ per year

Entrepreneur

  • Starts and manages a new business, applying strategic planning and analysis to ensure success.
  • Average Salary: Varies widely depending on business success

FAQ

What is a business strategy?

Business strategy BCG refers to the strategic frameworks and tools developed by the Boston Consulting Group (BCG), one of the world’s leading management consulting firms. BCG has created several influential models used in business strategy development, including the BCG Growth-Share Matrix. This matrix helps companies allocate resources and prioritise business units or products based on their market growth rate and relative market share.

 

How do I become a strategic business consultant?

Becoming a strategic business consultant typically involves a combination of education, experience, and skills development. Firstly, obtaining a bachelor’s degree in business administration, economics, finance, or a related field is essential. Many consultants also pursue advanced degrees, such as an MBA (Master of Business Administration), to deepen their knowledge and enhance their qualifications. In addition to formal education, gaining relevant work experience is crucial.

 

What is the salary of a strategic consultant?

The salary of a strategic consultant can vary widely depending on factors such as experience, education, location, and the size of the consulting firm. In the UK, entry-level strategic consultants can expect to earn between £30,000 and £50,000 per year. With a few years of experience, mid-level consultants typically earn between £50,000 and £80,000 annually. Senior strategic consultants and those working in top consulting firms can earn upwards of £100,000 per year, with some even exceeding £150,000, especially if they hold senior positions or have specialised expertise.

 

What are the typical responsibilities of a business strategy consultant?

Business strategy consultants have a wide range of responsibilities aimed at improving an organisation’s strategic direction and performance. They begin by conducting thorough analyses of the company’s current situation, including market position, financial health, operational efficiency, and competitive landscape. Consultants gather and interpret data, identify key issues, and develop strategic recommendations to address these challenges

 

What are the benefits of hiring a business strategy consultant for a company?

Hiring a business strategy consultant can provide numerous benefits for a company. Consultants bring an external perspective, offering unbiased insights and fresh ideas that internal teams may overlook. They have specialised expertise and experience in strategic planning, which can help identify opportunities for growth, efficiency improvements, and competitive advantage. Consultants can conduct thorough market and industry analyses, providing valuable data to inform decision-making. Their skills in problem-solving and change management enable them to develop and implement effective strategies that drive business success.

 

What are the career opportunities after completing a business strategy consulting course?

Completing a business strategy consulting course opens up various career opportunities across multiple sectors. Graduates can pursue roles such as business strategy consultant, management consultant, business analyst, strategic planner, financial analyst, project manager, marketing manager, operations manager, product manager, and even Chief Executive Officer (CEO). These roles involve developing and implementing strategic plans, analysing market trends, improving business operations, and driving organisational growth. The skills and knowledge gained from a business strategy consulting course are highly transferable, making graduates valuable assets to any organisation looking to enhance its strategic capabilities and achieve long-term success. With competitive salaries and opportunities for career advancement, a career in business strategy consulting offers both financial rewards and professional fulfilment.

 

How do I purchase this Business Strategy Consulting – Online Course?

Ans: Click the “Take This Course” button. You can then adjust the course quantity if needed. Now, simply proceed to checkout. Enter your billing information and choose your preferred payment method. Once everything is filled out, click “Complete Purchase”. Welcome aboard! You’ll receive your login credentials via email shortly after purchase. Access the course platform using your login and start learning!

Course Curriculum

  • 17 sections
  • 88 lectures
  • 7 hours, 9 minutes total length
Expand all sections
  • video Welcome to this Mini MBA Business Strategy Consulting Course
    00:03:00
  • video Mini MBA Business Strategy – Executive Summary – What you will learn
    00:10:00

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This course includes:

  • Duration:
    7 hours, 9 minutes
  • Access:
    1 year access
  • Units:
    88
  • Level:
  • CPD Points:
    10
  • Certificate:
    Yes