Strategic Management Consulting focuses on issues that are of vital importance to top-management. These issues are complex, involve the organizationís comprehensive business framework and have a profound impact on the competitiveness and sustainability of the company.
The objective of Strategic Management Consulting is to develop an implementable strategy that will create competitive advantages and insure the sustainability of the business. Competitive advantages are based on unique company competences and assets. To identify these competitive advantages, MMC utilizes proprietary innovative methodologies, creative thinking, and advanced and effective research.
Strategic Management Consulting entails development of an in-depth understanding of the competitive environment, the structure of the competitive arena, future industry trends, the abilities necessary for achieving competitive advantage, competitor strategies and capabilities, and financial constraints. All of these factors form the basis for defining strategic alternatives, choosing a preferred course of action and conducting successful implementation.
Strategies are implemented over a number of years. The strategic plan represents a preplanned and orchestrated series of moves designed to 1) create higher value than competitors and 2) achieve better and sustainable results. This is done thorugh the integration of the strategic plan, operational plans, budgets, and individual, measurable objectives.
Building competitive advantage is not limited to just one function of the organization, such as marketing, operations, or finance. It involves the organization's comprehensive business framework and its main capabilities relative to rival companies in a given competitive environment.