In 2025, everyone is navigating a much more complex and volatile landscape and Consultants are far from immune from all the turbulence. A huge thing being AI and the disruption and threat that poses to revenues and profitability. Downsizing, government contracts, geopolitical instability, economic uncertaintly, climate change. The list goes on.
Based on trends in tech, economics, geopolitics, and society, here are 10 major strategic risks and mitigation approaches that every Consultant or Consultancy CxO needs to be thinking about as part of their strategic plan. Check out our full download of more risks and 30+ mitigation strategies & tracking KPIs further down.
Risk | Mitigation Strategy 1 | Mitigation Strategy 1 KPI |
---|---|---|
Client Acquisition and Retention Challenges | Develop strong client relationship management programs | Client satisfaction and retention rates |
Intellectual Property and Data Security Risks | Enhance cybersecurity and IP protection systems | Number of data breach incidents |
Talent Acquisition and Retention | Offer attractive career development and leadership opportunities | Employee turnover rate |
Regulatory and Compliance Changes | Implement a proactive compliance monitoring program | Compliance audit success rate |
Reputational Damage | Maintain strong PR and stakeholder engagement strategies | Sentiment analysis score |
Changing Client Expectations | Expand customized service offerings | Client satisfaction with customized services |
Innovation Stagnation | Foster a culture of continuous innovation | Number of new service innovations |
Financial Instability | Diversify revenue streams and client base | Revenue diversity index |
Operational Delivery Risks | Standardize project management methodologies | Project delivery on-time rate |
Leadership Succession and Governance Risks | Implement succession planning for leadership roles | Leadership pipeline readiness rate |
Market Disruption by Competitors | Monitor market trends and competitor activity proactively | Competitive intelligence report frequency |
If you’d like to download this and another 30+ mitigation strategies with suggested Risk Management KPIs to track progress then download your Consultancies – Strategic Risks, Mitigations and KPIs..
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If you'd like to see how to easily manage & track all of this then....