Competitive Strategy Consultant Job Description [Updated for 2025]

In the realm of global business, the role of a Competitive Strategy Consultant has never been more crucial.

As the corporate world evolves, the demand for astute minds who can devise, execute, and protect our strategic initiatives grows exponentially.

But let’s delve deeper: What is truly expected from a Competitive Strategy Consultant?

Whether you are:

• A job seeker aiming to comprehend the crux of this role,
• A hiring manager crafting the profile of the ideal candidate,
• Or simply fascinated by the complexities of strategic consulting,

You’ve come to the right place.

Today, we present a customizable Competitive Strategy Consultant job description template, designed for straightforward posting on job boards or career sites.

Let’s dive straight into it.

Competitive Strategy Consultant Duties and Responsibilities

Competitive Strategy Consultants use their expertise in business strategy and industry trends to provide advice and solutions that aid in enhancing the competitive edge of an organization.

They work closely with senior management to identify opportunities for growth and improvement.

Their duties and responsibilities include:

• Analyze an organization’s current strategy and performance
• Research market trends, competitor strategies, and other relevant business factors
• Develop and present strategic recommendations to improve competitive positioning
• Work with company leaders to understand their strategic objectives and challenges
• Identify and assess the organization’s competitive strengths and weaknesses
• Use a variety of tools and frameworks to analyze complex business situations
• Collaborate with different departments to ensure the proposed strategies align with overall business objectives
• Facilitate training and workshops on strategic planning and competitive analysis
• Monitor and report on the effectiveness of implemented strategies
• Keep abreast of industry trends and competitive landscape to inform strategic decision-making
• Assist in strategic initiatives like mergers and acquisitions, partnerships, and product launches

 

Competitive Strategy Consultant Job Description Template

Job Brief

We are seeking an experienced and knowledgeable Competitive Strategy Consultant to assist our company in outperforming our competitors.

The responsibilities of the Competitive Strategy Consultant include conducting market research, analyzing industry trends, and developing business strategies.

Our ideal candidate is an analytical thinker with a deep understanding of market dynamics and a knack for identifying business opportunities.

Ultimately, the role of the Competitive Strategy Consultant is to help our company stay competitive while maximizing growth and profitability.

 

Responsibilities

• Conducting thorough market research to understand industry trends and competitor strategies
• Developing and implementing strategic plans to address competitive threats
• Analyzing the impact of external factors on our business and advising on potential responses
• Identifying new business opportunities and potential threats
• Working closely with other departments to align strategies and goals
• Providing recommendations based on data analysis and strategic thinking
• Monitoring and reporting on the effectiveness of implemented strategies

 

Qualifications

• Proven experience as a Strategy Consultant or similar role
• Strong understanding of business strategy, market dynamics, and competitive landscape
• Excellent analytical and problem-solving abilities
• Ability to conduct detailed market research and deliver actionable insights
• Strong communication and presentation skills
• A Master’s degree in Business Administration, Economics, or related field

 

Benefits

• 401(k)
• Health insurance
• Dental insurance
• Retirement plan
• Paid time off
• Professional development opportunities

 

Additional Information

• Job Title: Competitive Strategy Consultant
• Work Environment: Office setting with options for remote work. Some travel may be required for industry conferences or meetings with clients.
• Reporting Structure: Reports to the Head of Strategy.
• Salary: Salary is based upon candidate experience and qualifications, as well as market and business considerations.
• Pay Range: $90,000 minimum to $160,000 maximum
• Location: [City, State] (specify the location or indicate if remote)
• Employment Type: Full-time
• Equal Opportunity Statement: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
• Application Instructions: Please submit your resume and a cover letter outlining your qualifications and experience to [email address or application portal].

 

What Does a Competitive Strategy Consultant Do?

Competitive Strategy Consultants typically work for consulting firms, or they may operate independently.

They are brought in by companies across various industries to help them understand their market position and develop strategies to gain a competitive edge.

They conduct detailed market research to understand the competitive landscape, including identifying key players, understanding their strategies, and assessing their strengths and weaknesses.

Their role involves analyzing a company’s internal strengths and weaknesses, as well as external opportunities and threats (SWOT analysis).

They use this information to form strategic recommendations that will enable the company to exploit opportunities and mitigate threats.

These consultants work closely with company leaders to understand their strategic goals and align their recommendations accordingly.

They may also assist in the implementation of these strategies by providing guidance, tracking progress, and making necessary adjustments.

A Competitive Strategy Consultant’s work is highly analytical, requiring strong problem-solving skills.

It also demands excellent communication skills, as they must be able to clearly articulate their recommendations and the reasoning behind them.

The ultimate goal of a Competitive Strategy Consultant is to help the company improve its market position, increase profitability, and ensure long-term sustainability.

 

Competitive Strategy Consultant Qualifications and Skills

A competitive strategy consultant should possess a variety of technical skills, industry knowledge and interpersonal skills that align with the position, such as:

• Strong analytical and critical thinking skills for evaluating competitive environments, assessing company capabilities and identifying strategic opportunities.
• Excellent communication and presentation skills for explaining complex concepts and strategies to clients, stakeholders and teams.
• Deep knowledge in business management, economics and marketing to understand industry trends, competitive landscapes and strategic business models.
• Proficient in using business intelligence tools and software to gather data, generate reports and provide actionable insights.
• Interpersonal skills for building strong relationships with clients and stakeholders, fostering trust and mutual understanding.
• Ability to lead and collaborate with cross-functional teams to ensure strategies are well-implemented and results are effectively measured.
• Problem-solving skills for addressing challenges that may arise during the strategy development or implementation process.
• Demonstrated ability in strategic planning and execution, with a proven track record of successful project completion.

 

Competitive Strategy Consultant Experience Requirements

Entry-level competitive strategy consultants often have 2 to 3 years of experience, usually gained through internships, part-time roles, or entry-level positions in management consulting, business strategy, or market research.

They usually have a strong understanding of business fundamentals, strategic planning, and industry analysis.

Candidates with 3 to 5 years of experience are often experienced consultants who have worked on various strategy consulting projects.

They typically have experience in conducting competitive analysis, market segmentation, and growth strategy development.

They may have some project management experience, having led small to medium-sized projects.

Competitive strategy consultants with more than 5 years of experience usually possess significant expertise in their industry and have a proven track record of success in formulating and implementing competitive strategies.

They often have strong leadership skills and experience managing large teams or projects.

They may also have experience working with senior executives and other key stakeholders.

In general, competitive strategy consultants need to have excellent analytical, communication, and problem-solving skills.

They should also be comfortable working in fast-paced, dynamic environments and be able to adapt quickly to changing business conditions.

 

Competitive Strategy Consultant Education and Training Requirements

Competitive Strategy Consultants typically possess a bachelor’s degree in business, finance, economics, or related field.

A solid understanding of business principles, market dynamics, and strategic planning is crucial to this role.

Many employers prefer candidates who have furthered their education with a master’s degree in business administration (MBA) or a related field.

This advanced degree often emphasizes strategic planning, decision making and leadership skills, which are vital to this role.

Experience in consulting or a related business field can be advantageous as it offers practical insights and understanding of the business environment.

In addition, there are various professional certifications available that can augment a consultant’s credentials.

For instance, certification from the Institute of Management Consultants USA demonstrates a consultant’s ethical conduct, professional experience, and consulting competency.

Continuous education is also essential in this field, as it helps consultants stay up-to-date with the latest business trends, strategies, and tools.

The ability to analyze data, solve complex problems and excellent communication skills are also considered important in this role.

 

Competitive Strategy Consultant Salary Expectations

A Competitive Strategy Consultant can expect to earn an average salary of $103,615 (USD) per year.

This compensation can vary widely depending on the consultant’s experience, the region in which they work, and the size and industry of their client organizations.

 

Competitive Strategy Consultant Job Description FAQs

What are the key skills a Competitive Strategy Consultant should possess?

Competitive Strategy Consultants should have strong analytical abilities to understand complex business environments and market structures.

They must be well-versed in strategic planning, financial analysis, and business intelligence tools.

Excellent problem-solving skills are crucial to devise effective solutions to enhance competitiveness.

Strong communication and interpersonal skills are also essential to liaise between different stakeholders.

 

Do Competitive Strategy Consultants require any specific qualifications?

While not always mandatory, a master’s degree in business administration (MBA) or a related field is often preferred.

Experience in business strategy, management consulting, or relevant industry experience can be beneficial.

Familiarity with competitive intelligence tools, strategic planning software, and financial modeling is also advantageous.

 

What should you look for in a Competitive Strategy Consultant resume?

Look for a strong academic background in business, economics, or a related field, with a preference for higher-level degrees.

Experience in management consulting, strategy planning, or business analysis is highly desirable.

Evidence of successful strategy development and implementation, problem-solving skills, and proficiency in business intelligence tools is also crucial.

Finally, check for soft skills such as leadership, teamwork, and communication.

 

What qualities make a good Competitive Strategy Consultant?

A good Competitive Strategy Consultant is a strategic thinker with a keen eye for identifying market trends and opportunities.

They are problem solvers who can analytically approach complex business scenarios.

Excellent communication skills are necessary for effective client interaction and team collaboration.

They must be adaptable, able to operate in dynamic business environments, and open to continuous learning to stay updated with the latest business strategies and tools.

 

Is it challenging to hire Competitive Strategy Consultants?

Hiring Competitive Strategy Consultants can be challenging due to the specialized skills and experience required.

The hiring process can be made easier by ensuring an attractive compensation package, offering opportunities for growth and development, and emphasizing the potential impact of their role in the company’s success.

 

Conclusion

And that’s a wrap.

Today, we’ve delved into the real essence of being a competitive strategy consultant.

Surprised?

It’s not just about industry analysis and strategic planning.

It’s about shaping the future of business, one strategic decision at a time.

Armed with our comprehensive competitive strategy consultant job description template and real-world instances, you’re ready to make your move.

But why stop at readiness?

Explore further with our job description generator. It’s your next stop to intricately-detailed listings or honing your resume to perfection.

Remember:

Every strategic decision is a piece of the larger puzzle.

Let’s shape the future of business. Together.

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