Strategy Consulting

Strategy Consulting: In Focus

Strategy Scenarios: Business Turnaround
WGA's strategy consulting services span business management geographies and industries. Global, Local, Regional, Scenario Planning, SWOT, M&A, Turnaround

Strategy Consulting: Strategy scenarios allow organizations to easily respond to changes and transition between necessary actions during the business turnaround execution

  • Strategy Consulting Services Overview

    Define, design, deploy and deliver
    Create and unlock competitive advantage

    Business strategy is defined as a set of long-range decisions, results-focused and integrated actions to achieve and sustain the vision and mission of the organization. Once defined, Business strategy is a master roadmap, executed by individual contributors, management, and leadership to accomplish the desired business objectives and goals of an organization.

    Organizations are making complex decisions everyday to operate their business, respond to customer trends, combat competitive pressures and navigate a complicated economic environment. Achieving enduring success for any organization relies on it’s ability to create, capture and sustain competitive advantage. Strategy is the action road-map that brings your competitive advantage to life.

    As your partner, our Strategy Consulting Practice has the expertise, experience and “new thinking” to help you throughout the strategic journey and make your strategy a success.

  • Scenario and Contingency Planning

    Our strategy services extend across business functions and we serve a broad array of industries. We cover all critical aspects of your business, including strategy, operations, business performance, marketing, innovation, lean, business process, supply chain management and information technology. We serve local, regional and global clients, and we align our efforts with your overall corporate strategy.

    Scenario and Contingency planning is a strategic planning method that organizations use to create flexible long-term plans. It allows executives to analyze and prepare for several future alternatives. Contingency Planning explores what effect business disruptions or abrupt market changes might have on a company, and formulates various strategies to address them. By bringing up and testing different “what if” scenarios, executives and managers can conceptualize and challenge hypothetical assumptions in a non-threatening environment prior to deciding the best course of action. Scenario and Contingency Planning allows management to test different strategies to prepare the company to deal with the unexpected.

    Strategy Consulting: How does Scenario and Contingency Planning work?

    Different companies may have unique approaches when it comes to scenario planning. Generally, the steps to take when Scenario and Contingency Planning might look similar to this:

    1. Select a time frame to examine. The first thing you’d want to do in strategic planning is to choose a time frame to explore. Generally, Scenario and Contingency Planning is used to create flexible long-range plans.

    2. Identify current state assumptions and thinking processes of key decision makers. The next thing you’ll need to do is distinguish the thought processes of executives and managers. Identifying current assumptions will also provide limits in the company’s strategic planning, although some of those assumptions may not be relevant when brainstorming scenarios.

    3. Create varied, yet plausible, hypothetical scenarios. Laying out a list of “what if” scenarios will allow you to create plans on how to deal with each one. Make sure to list all possible scenarios so you’ll know how to address each one in the future. Don’t be afraid to challenge current assumptions or ignore them during this phase. Encouraging contrarian thinking and challenging conventional wisdom will further strengthen your hypothetical scenarios.

    4. Test the impact of key variables in each scenario. Now we hypothetically tackle the scenario in all angles, testing the key variables to see what works and what doesn’t work. Again, challenging these scenarios will cultivate a strong sense of preparation.

    5. Develop action plans. Now that you’ve “tested” out your hypothetical scenarios, create action plans based on either the most promising solutions or the most desirable outcome the company seeks. Doing so will help your company prepare for the unexpected.

    The Scenario and Contingency Planning process isn’t over after you develop an action plan. Monitoring events as they unfold will help test the company’s strategic fortitude. Be prepared to change the course of the plan at any time, as a plan that was developed a month ago may need to be changed in the event of unexpected and new disruptions.

  • Strategy Consulting: Why should companies focus on Scenario and Contingency Planning?

    Scenario and Contingency Planning enables companies to accomplish various things, such as expanding different thought processes, uncovering inevitable future outcomes, protecting against “groupthink,” and challenging conventional wisdom:

    Scenarios expand your thinking. By challenging the potential positive and negative outcomes companies can increase their readiness for the range of possibilities the future may hold. Many people think the future may resemble the past, and that change will occur gradually. This quirk, along with other factors, was most powerfully illustrated during the Great Recession. Many during the Great Recession had only used data going back a few years and were not prepared for the potential outcomes. Remembered the real-estate slump of the early 90s, the crash of October 1987, and so on, if only we challenged our current thinking and data. Developing scenarios generates deeper insight into the underlying drivers of change. Scenario and contingency planning forces companies to ask, “What would have to be true in order for this outcome to emerge?” By testing “what if” scenarios, companies can learn which underlying drivers matter and which do not.

    Scenarios uncover inevitable or near-inevitable futures. As the analysis underlying each scenario proceeds, companies can often identify the powerful drivers of change. These drivers result in outcomes that are the inevitable consequences of events that have already happened or are already developed and trending. A $200B global petrochemical group captured the core of this idea with the saying “When it has rained in the mountains, so it will flood the plains.” In developing scenarios, companies should search for predetermined and unexpected outcomes, such as demographic trends, to obtain powerful insight in the scenario development process.

    Scenarios protect against groupthink. Many times, the power structure within companies inhibits the free flow of discussion. For example, people in meetings typically agree and align with whatever the most senior person in the room says. It’s not uncommon that there are times where employees will wait for the most senior executives to state their thoughts before crafting their “own” opinions. Scenario and Contingency Planning allows companies to break free by challenging opinions and encouraging contrarian thinking. By doing so, each scenario will be challenged and strengthened by a diverse pool of perspective.

    Scenarios allow people to challenge conventional wisdom. In large corporations, there is typically a strong sense to follow the status quo, and as a result, have a strong sense of bias for it. Large amounts of money and many executives’ careers may have been deeply invested in the core and current strategy, which means that challenging some of these assumptions can be difficult. Scenarios provide a effective way to brainstorm alternative futures, in which these assumptions underpinning the current strategy may no longer be true.

  • WGA’s Strategy Consulting Service Offerings

    Our strategy services extend across business functions and we serve a broad array of industries. We cover all critical aspects of your business, including strategy, operations, business performance, marketing, innovation, lean, business process, supply chain management and information technology. We serve local, regional and global clients, and we align our efforts with your overall corporate strategy.

    Strategy Consulting

    • Local, Regional and Global
    • Business Unit Management
    • Scenario Based Strategic Planning
    • Merger, Acquisition and Divestiture
    • Supply Chain Management
    • Business Transformation
    • Change Management
    • Culture Change
    • Information Technology
    • Performance Improvement
    • Business Turnaround
    • Operational Excellence
    • Enterprise Technology
  • WGA helped us design, develop and deploy improvements in our global procurement organization. WGA’s category management strategy enabled us to realign our regional procurement centers to focus on maximizing the value of our resources, improving customer service levels with our internal business customers and consolidating overlapping positions across the enterprise. During our second year of the category management structure we have realized over $90M in operational cost reduction and increased all of our internal metrics for speed, quality and customer service.

    JamesDirector Global Procurement$220B Integrated Oil and Energy Company

    In 2017, our Global Services & Support business unit was working with our internal business partners to develop our 2020 business strategy road-map. We were having difficulty with prioritizing our business needs. Some of our supply partners needed a firm picture of our road-map immediately in order to formalize commitments. We reached out to one of our strategic consulting suppliers for assistance, but they wouldn’t be able to dispatch a team to help us for over 3 months. That’s when I called WGA. As a true partner, WGA had their team on the ground 2 days later and we were able to complete our 2025 strategy and planning efforts in just 6 weeks! WGA is now our go to/preferred strategy consulting supplier.

    PamelaDirector Business Planning$95B Aerospace and Defense Manufacturer

    WGA has been instrumental in many of our global initiatives in recent years. WGA has been able to respond and deliver on projects around the globe. WGA’s teams are flexible, easy to work with and always deliver what we need, when we need it.

    KathyGeneral Manager Shared Services Organization$439B Integrated Oil Company

    3 Years after purchasing two smaller competitors in our industry, our executive leadership team was struggling to see the cost savings of our consolidation efforts. Two other strategy consulting firms were brought in to assist us in determining and fixing the problems. After we spent $18M USD in 6 months with limited success, we decided to end the contracts early with the two other firms. Our COO recommended that we call WGA. In just 3 months, WGA had developed a strategy to simplify our operational processes, merge overlapping business systems and consolidate our service offerings in various international operations. Since our first project, WGA remains our key trusted strategy and consulting partner for all of our business needs

    JavierSenior Vice President Corporate Strategy and Planning$44B Aerospace and Defense Contractor

    Over the past 10 years, our company has experienced a number of failures and setbacks using each of the “big name” system integrators and consulting companies. We realized that we do a much better job of leading our own SAP efforts and now simply look outside to staff our projects. We always bring in WGA to assist us with all of our project staffing needs. WGA provides us with top talent and high performers that ensure we achieve our goals and projects are on-time and on-budget. WGA’s PMO outsourcing has also allowed us to dramatically reduce our project tracking and management costs.

    AnnSr. Director - Business Systems$38B Aerospace & Defense Contractor

    Our network of Automobile accessory plants were experiencing unexpected levels of demand from our major Automotive customers. Our operating costs were out of control and we were missing delivery dates. Two of our largest customers threated to cancel over $500M dollars in annual contracts. After reaching out to several tier-1 management consulting firms, we selected WGA Consulting based upon their unique, innovative and accelerated approach. In just 2 weeks, WGA had identified a combination of people, culture, process and operating problems, prioritized action plans and temporarily took over executive leader roles at our plants to drive the improvements. In less than 3 months, WGA had resolved our issues and brought our operating costs down by over 32% ($127M/annually) and improved our customer OTIF by 29% to 98.9%/week. WGA is our trusted/go to consulting partner when we need help!

    EllynVice President Manufacturing Operations$19B Global Automobile Accessory Manufacturer

    After two decades of organic growth, many of our managers in the organization were starting to see a chronic problem. Our operations had become too complex to manage. Our executive leadership agreed and my department was assigned to lead the effort. We reached out to WGA to help us identify and prioritize meaningful simplification opportunities. They worked with us to facilitate designing, planning and implementing all aspects of the program. The results were incredible, we consolidated and reduced over 950+ global positions and eliminated over 7000+ waste and bottleneck problems. We also consolidated and relocated three of our manufacturing centers into one lower cost location. The bottom line results of WGA’s services were outstanding!

    ZachVice President Organizational Effectiveness$87B Aerospace and Defense Contractor

    After making over 400 safety related improvements in our global operations, we determined that many of our leaders weren’t convinced about the urgency of these changes. WGA put together a culture change strategy to immediately achieve adoption. WGA helped us deploy a number of initiatives, including a leadership training and coaching/mentoring program along with improvements to our global leadership competency framework. WGA was essential in helping our organization make these changes stick.

    BobSenior Vice President Shared Services Organization$76B Global Oil & Gas Company

    WGA Consulting has been an outstanding partner for over 10 years on a number of benchmarking, strategy and corporate initiatives. They have helped us with nearly every aspect of our business. I particularly like WGA’s “white glove” style and fact based/pragmatic culture.

    ChrisVice President Operations$34B Industrial Products Manufacturer
    Strategy Consulting

    After failed attempts by two other big name consulting firms, I was under pressure from our executive leadership to make our supply chain optimization happen. We needed assistance from a firm that had global reach, could deploy immediately and were experts at identifying improvements and executing changes. I called on WGA to help us turnaround our efforts. WGA delivered on their commitment and helped us realize an additional ($57M/yr) in cost reductions. WGA is excellent to work with and delivers high impact results!

    WilliamVice President Supply Chain Operations$178B Global Automobile Manufacturer

    We worked with WGA to fine tune our long term business strategy to address unforeseen changes in Asia, Canada and South America. WGA’s independent analysis of additional plausible scenarios helped us realign the timing of our capital investments and adjust our organizational redesign. WGA’s foresight and deep cross-industry experience has helped us on a number of occasions advert unnecessary challenges.

    MikeExecutive Vice President Corporate Planning and Strategy$68B Industrial Manufacturer

    After our Telematics project missed key milestone dates and our company was running national commercials that the new technology would be in our cars in 6 months, we called WGA to help. WGA conducted a healthcheck of our Telematics PMO and provided us with a turnaround strategy and plan. We were initially shocked by the problems WGA identified and had to take some personnel actions to achieve our deadlines. WGA’s turnaround strategy was simple to execute and allowed us to deliver our Telematics project 1 month earlier than planned. WGA’s ability to get to the root-cause and their comfort with delivering bad news to our executive leadership reflects their reputation for integrity and professionalism.

    GeorgeChief Information Officer$89B Automobile Manufacturer

  • Strategy Consulting Case Studies

    For the US Economy to fully recover from the devastating effects of COVID-19, it is vital for US businesses to buy and hire American companies. American mid-size and small businesses have been wiped out, tied up with red tape and unable to access the US stimulus packages passed by Congress or capital. It’s time for US Big Business and Big Banks to take bold action, keep it simple and help American mid-size and small businesses now! All COVID-19 business recovery strategies should require US businesses to buy and hire American companies.

    Coronavirus Business Recovery Strategy

    For the US Economy to fully recover from the devastating effects of COVID-19, it is vital for US businesses to buy and hire American companies. American mid-size and small businesses have been wiped out, tied up with red tape and unable to access the US stimulus packages passed by Congress or capital. It’s time for US Big Business and Big Banks to take bold action, keep it simple and help American mid-size and small businesses now! All COVID-19 business recovery strategies should require US businesses to buy and hire American companies.

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