Norstrat is a global management consulting firm that provides strategic and operational advice to a wide range of clients, including Fortune 500 companies, private equity firms, and government organizations. The company was founded in 1984 and has since grown to become one of the most respected and well-known consulting firms in the world.
With its headquarters in London, Norstrat operates in over 50 countries and has over 7,000 employees globally. The company’s mission is to help clients achieve their strategic goals by providing expert advice and delivering measurable results.
Services Offered by Norstrat
Norstrat offers a wide range of services to its clients, including strategic planning, operational improvement, mergers and acquisitions, and organizational design. The company also has a strong focus on data analytics and digital transformation, helping clients to make better use of data and technology to drive growth and improve operations.
One of the key areas of expertise for Norstrat is strategy. The company helps clients to develop and execute strategies that will enable them to achieve their long-term goals. This includes working with clients to identify growth opportunities, developing plans to capture those opportunities, and creating the organizational capabilities required to execute the plan.
Another key area of expertise for Norstrat is operations. The company helps clients to improve their operations by identifying and eliminating inefficiencies, reducing costs, and increasing productivity. This includes working with clients to streamline processes, improve supply chain management, and implement new technologies.
Norstrat also has a strong reputation in the area of mergers and acquisitions. The company helps clients to identify and evaluate potential acquisition targets, negotiate deals, and integrate acquired businesses into their existing operations. This includes working with clients to create and execute integration plans, and providing support throughout the post-merger period.
Finally, Norstrat also offers organizational design services to its clients. The company helps clients to design and implement organizational structures, processes and systems that will enable them to achieve their strategic goals. This includes working with clients to design new organizational models, implement changes to existing models, and create cultures that support the desired behaviors and outcomes.
Norstrat’s Approach
One of the key differentiators of Norstrat is its unique approach to consulting. The company is known for its deep understanding of the industries and markets in which it operates, and for its ability to provide customized solutions that are tailored to the specific needs of each client. Norstrat’s approach is also highly collaborative, with teams working closely with clients to co-create solutions that drive measurable results.
Norstrat’s approach is based on three key principles:
- Deep Industry Expertise: Norstrat has a team of experts with deep knowledge of various industries and sectors, which enables them to provide clients with the best advice and support.
- Data-Driven Approach: Norstrat uses data analytics to help clients make better decisions and improve performance. The company’s data analytics team provides clients with the insights they need to make informed decisions and drive growth.
- Collaborative Approach: Norstrat works closely with clients to co-create solutions that drive measurable results. The company’s consultants work closely with clients to understand their unique needs and develop customized solutions that will help them achieve their goals.
Clients and Industries
Norstrat has a diverse client base that spans many different industries, including healthcare, financial services, retail, manufacturing, and technology. Some notable clients include GE, Procter & Gamble, and the U.S. Department of Defense. The company also has a strong presence in emerging markets, with offices and partnerships in key regions around the world.
In the healthcare industry, Norstrat has worked with leading pharmaceutical companies to develop new products and improve their operations. financial services industry, the company has helped banks and insurance companies to improve their risk management processes and increase their profitability. In the retail industry, Norstrat has worked with some of the world’s largest retailers to improve their supply chain efficiency and reduce costs.
Conclusion
Norstrat is a well-respected and highly-regarded consulting firm that has a reputation for delivering results for its clients. The company’s unique approach, deep industry expertise, and focus on data analytics and digital transformation make it a valuable partner for organizations looking to drive growth and improve operations. If you’re looking for a consulting firm that can help you achieve your strategic goals, Norstrat is definitely worth considering.