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Functional Strategy

Over the past, decade strategic management and operational management have increasingly converged, as topics such as process management, operations and technology have become increasingly important elements of strategy execution. Consequently, several offerings which historically were centered on strategic advisory have been expanded to include operational considerations, and as a result the Strategy & Operations domain has gained significant importance. The domain is not only served by strategy consulting firms that have moved towards operations, but also harbors operations specialist that have ramped up their strategic skills and large technology firms that leverage their tech expertise to create an edge. Going forward, the lines between strategy, operations and technology are forecasted to blur further, with an increasing number of consultancies set to play a role in the field, adding competition to the landscape.