CATEGORY

Strategy Consulting

Strategy consulting focuses on supporting clients with the development of strategies to support long-term growth.

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    Find the right-fit strategy consulting supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    ACCENTURE PUBLIC LIMITED COMPANY
    Location
    Jackson, Mississipi
    Duns number
    3862211
    D&B SER Rating
    dnb logo

    Up to 3 months

    1 9
    6
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile
    Company and Sector Performance
    58
    100
    Robust (1)
    ESG Perfomance (/100)
    Environment
    90
    Social
    42
    Governance
    67
    6 Domains Performance (/100)
    Business behaviour
    58
    Human rights
    55
    Community Environment
    54
    Corporate governance
    72
    Human resources
    29
    Security Scorecard
    97
    Threat indicators
    A
    95
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    A
    100
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    A
    98
    Application Security
    Detecting common website application vulnerbilities
    A
    94
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    A
    99
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    100
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked
    Industry Comparison
    accenture.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    0
    Workforce Health Safety Issues
    0
    Product Service Issues
    9
    Human Rights Issues
    0
    Production Supply Chain Issues
    3
    Environmental Non Compliance Flags
    12
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    5
    Fraud Issues
    2
    Labor Health Safety Flags
    6
    Regulatory Issues
    3
    Workforce Disputes
    1
    Sanctions
    0
    esg energy transition
    80
    Discrimination Workforce Rights Issues
    5
    esg controversies critical severity
    No

    Strategy Consulting market report transcript

    Global Market Outlook on Strategy Consulting

    Strategy consulting focuses on supporting clients with the development of strategies to support long-term growth. It consists of the following disciplines: Corporate Strategy, Organizational Strategy, and Functional Strategy.

    Corporate Strategy

    • Business planning
    • Growth strategy/market entry
    • Value-based management

    Functional Strategy

    • Finance
    • Sales and marketing
    • Operations
    • Technology
    • Digital Strategy

    Organisational Strategy

    • Business unit strategy
    • Organization design
    • Strategic change management
    • Strategic programs

    The market for strategy consulting is estimated to be worth $31.4 Billion, representing 12 percent of the global consulting market.

    Drivers

    The growth is mainly driven by:

    • Increased merger and acquisitions, economic growth, growing number of new businesses
    • Demand for digital strategy, regulations and cybersecurity consulting

    Constraints

    Key growth constraints in the Strategy Consulting market are:

    • Organizations establishing in-house consulting groups
    • Increased competition from the IT consulting and technology firms resulting in downward pressure on prices thereby reducing profits
    • Lack of available talent due to the rise of independent consultants

    Indicative Strategy Consulting Market Size

    • Healthcare and Pharma industry contributes to approximately 10 percent of the global consulting market. Companies in this industry are using consultants for services in the space of technological innovations and regulations
    • Buyer negotiation power for strategy consulting is considered to be medium due to high market concentration and brand power of top consulting firms such as McKinsey, Bain, BCG, PwC, etc.

    Strategy Consulting-Market Trends

    Clients are demanding innovative techniques to solve their problems at lower costs, which has resulted in new business model such as network based firms and increase in adoption of new pricing models.

    Alternative Delivery Models

    Network-based staffing firms and freelance consultants are gaining significance as then can cater to requirements on a short notice, at a fraction of the cost of full-service consulting firms, owing to low overheads and absence of full-time staff to pay

    Adoption of Outcome Based Pricing Model

    As companies are looking to cut costs, procurement and business units constantly face pressure to derive savings out of the consulting spend. Driven by changing customer expectations, consulting firms are increasingly replacing traditional pricing for outcome-based pricing model.

    Digital Transformation

    Digitization remains a major driver of the consulting market as the clients are using digital technology for full scale transformation. Data analytics and robotics has gained considerable traction in this region. Solutions built around Artificial Intelligence are expected to drive increasing demand for consultants

    Factors Considered While Determining the Pricing Model 

    Scope of Work

    • High Clarity: Clients and consultants choose the fixed-fee or value based model, in which the scope is clearly defined
    • Low Clarity: For unclear scope, the time-and-materials model is best suitable

    Involvement of Client

    • High Client Control: The time-and-materials model provides more control over the projects, but a value based model is suitable to make critical decisions
    • Low Client Control: Clients must select the fixed-fee model if they do not have time or capabilities to handle the project

    Relationship with Consultants

    •  New: The time-and-materials model is most suitable for pilot projects
    • Old: The fixed-fee or value based models are adopted in the case of a mature client–consultant relationship once trust has been established