In the world of business strategy, mere academic qualifications will not get you through from the bottom rung through the toughest of the ranks. It needs a balance of communication, foresight, finely honed strategic skills, a deep understanding of business practices and terminologies, not to mention a constantly upgraded knowledge base. This becomes important in exponentials when you are applying for some of the largest employers in the world, The Big 4, for example. Consulting companies, technology companies, strategic institutions, think tanks and advocacy groups, all of them rely on sound business strategy talent to drive their growth and revenue.
The career path of a business strategy manager or consultant is flagged off at the associate level and can go as far as principal consultant in a boutique consulting firm, a hedge fund, multinational corporations with multiple, globally distributed operational business units, or strategic roles in large technology companies.
But let’s just pause here for a second.
Your efforts in developing your career in business strategy is as rewarding as any other high-profile jet setting professional needs alignment to the must have traits and skills. The other end is being trampled by more qualified peers in the stampede to the top.
As you go along, the skills that are largely considered the most important by industry experts to play an increasingly major role are:
As a business strategist, you will need to plan a strategic vision for the enterprise or the consulting company that you're working with, then plan a roadmap to achieve the goals outlined in that budget to most effectively reach your macro-level goals. This will include constant communication with regular stakeholders, most of them at senior levels of leadership within the enterprise. Depending on the size of the enterprise and the scope of your role, your business strategy profile will include critical thinking as one of its core values. As of this year alone, professional network behemoth LinkedIn has more than 11,600 openings for business strategy roles worldwide. From startups to already established multinational corporations, it makes sense for business strategy to be one of the core competence of an organization's success mechanism and be a mission-critical priority. Especially given the constantly disruptive world we are living in.
Over the last 3 years, developing nations have seen a surge of startups and the never-ending stream of business competence is required across every sector and domain. To survive and thrive as a business strategy professional, it is important that you stand out from the crowd with the professional qualification that emphasizes your skills as a business strategy professional.
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