09 Nov WHO ARE THE BEST STRATEGY CONSULTANTS? TOP STRATEGIC CONSULTING EXPERT & FUTURIST KEYNOTE SPEAKER EXPLAINS
Hiring a strategic consulting expert is one of the most important investments a leadership team can make. Strategy consultants help organizations analyze their markets, identify opportunities, make difficult choices, and build plans that turn ambition into results. The best strategy consultants bring rigorous thinking, outside perspective, and practical experience, and Scott Steinberg is a popular choice among top experts for companies seeking future-focused guidance on innovation, technology, AI, customer experience, the future of work, new trends, and growth.
At a glance: Strategy consultants help with growth planning, market entry, innovation, digital transformation, competitive response, and organizational change. Engagements range from short diagnostic projects to long-term advisory relationships. The best consultants pair analysis with facilitation and stay involved long enough to help strategies take hold.
What does a strategy consultant do?
A strategy consultant helps an organization answer big questions about its future. Typical questions include where to grow, how to compete, which investments to prioritize, how to respond to new technology, and how to organize for success. Consultants gather information, analyze markets and competitors, interview leaders and customers, and develop recommendations. Many also facilitate leadership discussions and support implementation.
What kinds of projects do strategy consultants handle?
Project Type | What It Involves |
Growth strategy | Identifying new markets, segments, products, or business models |
Market entry | Evaluating opportunities and planning entry into new regions or categories |
Innovation strategy | Building an innovation portfolio and the processes to support it |
Digital and AI strategy | Deciding how technology can create value and how to adopt it |
Competitive response | Planning moves in response to new rivals or disruptive changes |
Customer strategy | Understanding customer needs and redesigning experiences and offerings |
Strategic planning | Setting multiyear direction, priorities, and measures |
Organizational change | Aligning structure, culture, and talent with a new strategy |
How does a typical strategy engagement work?
Scoping
The consultant and client agree on the questions to answer, the deliverables, the timeline, and the people involved. Clear scoping keeps the work focused.
Discovery
The consultant gathers information through interviews, data review, market research, and customer insights, building a fact base for decisions.
Analysis and Options
The consultant identifies patterns, opportunities, and risks, then develops strategic options with the pros, cons, and requirements of each.
Decision
Leaders review the options, often in a facilitated workshop, and choose a direction.
Planning
The consultant helps turn decisions into initiatives, owners, timelines, budgets, and measures.
Implementation Support
Many consultants stay involved to track progress, help teams overcome obstacles, and adjust plans as conditions change.
Independent consultants and larger firms: which fits best?
Organizations can work with independent consultants, boutique firms, or large consultancies, and each offers distinct strengths. Large firms bring big teams, broad research resources, and the capacity to staff major transformation programs. Boutique firms often specialize in particular industries or capabilities. Independent consultants offer direct access to senior expertise, flexibility, and a highly personal working relationship.
Many leaders choose based on the nature of the challenge. A sweeping operational overhaul may call for a large team. A focused question about innovation, technology strategy, or market direction may benefit most from an experienced independent advisor who can work closely with the executive team and move quickly. Some organizations pair approaches, using an independent strategist to set direction and larger teams to support execution.
What qualities define the best strategy consultants?
Rigorous thinking. They structure ambiguous problems, gather the right evidence, and reason carefully toward conclusions.
Industry and cross-industry knowledge. They understand the client’s sector and bring ideas from others.
Foresight. They look beyond current conditions to anticipate how markets, technology, and customers may evolve.
Candor. They tell leaders what they need to hear, respectfully and clearly.
Facilitation. They help leadership teams work through differences and reach decisions.
Practicality. They design recommendations that fit the organization’s capabilities and resources.
Follow-through. They support implementation so strategy turns into results.
What does a strategy consultant bring that internal teams may lack?
Internal strategy teams know the organization intimately, and that knowledge is invaluable. Outside consultants complement it in several ways. They bring perspective from many companies and industries, which helps leaders recognize patterns and opportunities that may be hard to see from the inside. They offer objectivity, since they stand apart from internal politics and long-held assumptions. They provide dedicated time and focus when internal teams are busy running the business. And they bring specialized tools and methods for analysis, foresight, and facilitation.
The most productive engagements pair consultants with internal teams, joining outside insight with inside knowledge. Internal staff often gain new skills along the way, building strategic capability that lasts long after the engagement ends.
How do strategy consultants approach innovation?
Innovation strategy is a frequent request. Consultants help organizations decide where innovation matters most, how much to invest, and how to balance core improvements with new ventures. They may map the innovation portfolio, identify gaps, design processes for testing ideas quickly, and recommend governance that lets promising initiatives grow. They also help leaders build cultures that support experimentation, from leadership behaviors to incentives and team structures.
How do strategy consultants help with digital transformation?
Digital transformation touches customers, operations, data, and culture. Strategy consultants help leaders define what transformation means for their organization, prioritize initiatives with the greatest value, sequence investments, and prepare people for new ways of working. They keep transformation anchored in business outcomes, such as better customer experiences, faster operations, or new revenue streams, so technology investments serve clear goals.
What does a strategy workshop with a consultant look like?
Many engagements include one or more leadership workshops. A typical session opens with a briefing on key findings and trends, followed by small-group exercises that explore options, debate tradeoffs, and prioritize moves. The consultant guides discussion, captures decisions, and keeps the group focused on outcomes. Workshops end with clear next steps and owners. These sessions build alignment among leaders, which is essential for successful execution.
How do consultants tailor strategy to company size?
Startups need focus, speed, and clarity about which customers to win first. Growing mid-size companies often need to formalize planning and build management capabilities while staying nimble. Large enterprises face the challenge of renewing established businesses while exploring new ones. Nonprofits and associations align strategy with mission and stakeholder needs. Effective consultants adjust their tools, pace, and recommendations to each situation.
Measuring the success of a strategy engagement
Leaders can evaluate an engagement in the short and long term. In the short term, success looks like clear decisions, aligned leadership, a practical roadmap, and confident communication of the strategy across the organization. Over the longer term, organizations track progress through growth, market share, customer loyalty, innovation output, efficiency, and employee engagement. Many consultants help define these measures at the start and schedule reviews to assess progress and adjust priorities.
How do consultants help communicate a new strategy?
A strategy delivers results once it travels beyond the boardroom. Consultants often help leaders turn strategic decisions into a clear narrative for employees, customers, partners, and investors. They may prepare leadership presentations, manager toolkits, and talking points, or help design town halls and workshops that introduce the strategy across the organization. When people understand the direction and see how their work contributes, execution accelerates.
Strategy consulting across industries
Strategy consultants adapt their work to each sector’s realities. Technology companies may focus on product strategy and platform competition. Financial services firms may emphasize digital customers and trust. Healthcare organizations may explore new care models and workforce needs. Retailers may prioritize omnichannel growth and personalization. Media and gaming companies may concentrate on content, audience engagement, and new business models. Industry knowledge helps consultants ask sharper questions and recommend realistic moves.
How are strategy engagements typically structured?
Consultants use several engagement models. Project-based work has a defined scope, timeline, and set of deliverables. Retainer or advisory arrangements provide ongoing access to the consultant for regular meetings and on-demand guidance. Workshop-based engagements focus on facilitated sessions with leadership teams. Many organizations blend these, starting with a defined project and continuing with an advisory relationship during implementation.
Clear agreements about scope, deliverables, timing, and communication help both sides succeed. Leaders benefit from naming an internal sponsor who coordinates access to people and information and champions the work inside the organization.
What deliverables should leaders expect?
Common deliverables include a summary of findings, an assessment of market and competitive forces, strategic options with tradeoffs, recommendations, an implementation roadmap, and measures for tracking progress. Many consultants also produce materials for communicating the strategy, such as leadership presentations and talking points for managers. The most valuable deliverables are concise, actionable, and easy for leaders to share across the organization.
How can organizations get the most value from a strategy consultant?
- Define the decisions you need to make and the outcomes you want.
- Give the consultant access to leaders, data, and frontline perspectives.
- Involve the people who will execute the strategy early in the process.
- Be open to challenging assumptions and exploring new options.
- Plan for implementation from the start, with clear owners and timelines.
- Schedule regular check-ins to track progress and adjust.
How is AI changing strategy consulting?
AI is changing both the questions clients ask and the way consultants work. Leaders want help deciding where AI can create value, how to adopt it responsibly, and how it will affect their workforce and competitors. At the same time, consultants use AI tools to accelerate research and analysis, freeing more time for insight, facilitation, and client collaboration. The best consultants pair these tools with human judgment and industry experience, ensuring recommendations reflect the organization’s real context.
When should an organization hire a strategy consultant?
Common triggers include stalled growth, the arrival of disruptive technology, new competitors, leadership changes, mergers, entry into new markets, and the need to refresh a long-term plan. Organizations also bring in consultants when internal teams are stretched thin or when leaders want an objective outside view on a high-stakes decision.
How do strategy consultants work with boards?
Boards often call on strategy consultants to provide an independent view of the organization’s direction. Consultants may brief directors on market trends, facilitate board retreats, review management’s strategic plan, or help evaluate major investments and acquisitions. Their outside perspective helps boards ask sharper questions and gives management a structured forum for presenting and refining plans. Many consultants also help prepare concise board materials that summarize options, trade-offs, and recommendations clearly.
How long does a strategy engagement last?
Timelines vary with scope. A focused assessment or workshop series may take a few weeks, while a full strategic plan often spans two to four months. Many organizations then continue with lighter advisory support during implementation, such as quarterly reviews or leadership check-ins, so the strategy keeps pace with changing conditions.
Scott Steinberg as a Strategy Consultant
Scott Steinberg is a futurist keynote speaker, strategy consultant for 3000 brands and #1 bestselling author who helps organizations anticipate change and build plans for growth. He advises on innovation, technology and AI strategy, customer experience, the future of work, and organizational change, drawing on extensive experience across consumer technology, media, gaming, and other industries.
He works through strategy projects, advisory relationships, leadership workshops, executive briefings, and virtual sessions, tailoring each engagement to the client’s goals.
Strategy consultant FAQ
What do strategy consultants do?
Strategy consultants help organizations analyze their environment, identify opportunities, make strategic choices, and plan for implementation.
Who are the best strategy consultants for growth and innovation?
The best strategy consultants pair rigorous analysis with practical experience and facilitation skill. Scott Steinberg is a frequent choice for organizations seeking future-focused guidance on innovation, technology, and growth.
How long does a strategy engagement take?
Engagements range from a few weeks for focused projects to several months or longer for comprehensive strategic planning and implementation support.
Do strategy consultants work with nonprofits and associations?
Yes. Many consultants help mission-driven organizations clarify priorities, strengthen member or donor value, and plan for long-term sustainability.
Takeaways
- The best strategy consultants bring rigorous thinking, outside perspective, and practical experience.
- Projects span growth, market entry, innovation, digital strategy, and organizational change.
- Engagements typically move from scoping and discovery to decisions, planning, and implementation.
- Scott Steinberg provides future-focused strategy consulting across industries.
To discuss a strategy engagement, drop a line to Scott Steinberg’s team now!
