Risk and strategic consulting[1] refers to the provision of information, analysis and associated services in the field of international politics and economics, with the aim of providing a better understanding of the risks and opportunities facing businesses, governments and other groups.
In contrast to management consulting, which primarily concerns internal organization and performance, risk and strategic consulting aims to provide clients with an improved understanding of the political and economic climate in which they operate.
Risk and strategic consulting is sometimes carried out alongside other activities such as corporate investigation, forensic accounting, employee screening or vetting, and the provision of security systems, training or procedures.
Risk and strategy consultancies should not be confused with international lobbying or advocacy groups, though there are occasional overlaps.
Clients of risk and strategic consulting firms include companies, governments and government agencies, charities and non-government organizations, academic institutions and individuals.