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What does strategic consulting and planning typically cost?

Beginner · Cost · Strategic Guidance

Answer

Strategic consulting costs vary widely from €150-€500+ per hour for individual consultants to €50,000-€500,000+ for comprehensive strategic planning projects.

Strategic consulting costs depend on multiple factors including consultant experience, project scope, timeline, and organizational size. Independent consultants typically charge €150-€300 per hour for beginners, €300-€500 for experienced practitioners, and €500+ for recognized experts with specialized expertise.

Boutique strategy firms usually charge €200-€400 per hour, while top-tier consulting firms (McKinsey, BCG, Bain) command €400-€800+ per hour. However, many firms prefer project-based pricing that considers value delivered rather than time invested.

Comprehensive strategic planning projects range from €50,000-€150,000 for small to mid-size companies, €150,000-€300,000 for large organizations, and €300,000-€500,000+ for complex multinational engagements. These projects typically span 3-6 months and include market analysis, strategy formulation, and implementation planning.

Specialized strategic assessments like competitive intelligence studies or market opportunity evaluations cost €25,000-€75,000 depending on scope and depth. Strategic facilitation for executive retreats typically ranges €5,000-€15,000 per session.

Maarten Reynders advises considering the potential ROI of strategic guidance, as effective strategy development often generates returns that far exceed consulting investments. Many consultants offer phased approaches to manage costs and demonstrate value progressively.

Internal strategic planning capabilities can reduce external costs but require dedicated resources and expertise development.

For personalized guidance, consult a Strategic Guidance specialist on TinRate.

Experts who can help

The following Strategic Guidance experts on TinRate Wiki can help with this topic:

Expert Role Company Country Rate
Cliff Depreytere — — EUR 100/hr
David Prinsen Geerligs — — EUR 100/hr
Dieter Bonte CCO d&p Belgium EUR 185/hr
Dimitri Vandergucht — Belgium EUR 108/hr
Douglas Laureys — — EUR 50/hr
Giles Dobbelaere — — EUR 75/hr
Janne Deknock — — EUR 100/hr
Jonas Maes — Belgium EUR 125/hr
Jonathan Vervaeke — — EUR 150/hr
Karel Rabaut — — EUR 250/hr
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See also

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