Business Chief Europe Magazine October 2020 | Page 34

NEW LEADERSHIP TEAM
LEADERSHIP & STRATEGY
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I t is said that when it comes to the success of a modern transforming enterprise , the strategic consultant ’ s role is essential . Strategic consultants provide a trusted partner for organisations , that address some of the toughest operational problems . “ Strategy consultants provide clients with an outside view of options and tradeoffs that business leaders need to make in order to achieve their corporate mission and vision , or specific business objectives , these can include : increasing revenue , reducing costs , acquiring a target company , or entering a new market ,” explains Chedid Haddad , leading Strategy and Operations at Bain & Company ( Middle East ).

There are multiple scenarios where businesses would look to hire a strategy consultant . However , Haddad details that they typically fall into one of three categories :
NEW LEADERSHIP TEAM
“ When either a new Board of Directors is formed , or a new management team is put in place , the time is right to assess the current state of the business and ( perhaps ) sail into a new direction . This typically entails developing a new corporate strategy and strategy consultants come in handy to help with this process .”
OCTOBER 2020