Management

Management Consultants – The Trusted Advisors

Answering the question, “What is management consulting?” It is as

It is difficult to answer the question, “How high is the sky?”

Two reasons there may be confusion over what management consultants do. Management consulting is a broad term that covers many careers. Management consultants cannot give examples of specific work, as they are almost always highly confidential and highly sensitive.

Consulting is all about helping clients create value by providing advice.

Information and advice that leads to organizational change.

There are many ways to do this, including the development of new strategies, accounting system, and information

Systems integration, quality management and process redesign are all part of the marketing strategy.

distribution channel development, logistics, leadership training, cost control,

Productivity enhancement, leveraging technology, activity-based costing

Competitive analysis, value management and human resource strategy.

Experts of every kind often refer to themselves simply as “consultants”.

Management” but only those who can advise on the management process themselves can.

Legally, management consultants may be called.

Today, this definition is being challenged. One definition that is widely accepted

They were not consultants, but came from academia.

Management consulting can be a contract-based service and is provided to

Specially trained and qualified people who support organizations in providing assistance,

Management is identified by the client organization in an objective and impartial manner

Analyze problems and suggest solutions.

When requested, assistance in the implementation of solutions.

The United States has seen a dramatic change in management consulting.

Change has occurred over the last fifteen to twenty-years. These changes are due to

You must be able to adapt to the changing market and remain competitive. It was fifteen years ago.

The emphasis was on technology. The clients wanted better systems.

It is much faster. It was generally believed that any problem could be solved.

technology. Large, complex accounting systems were implemented by organizations.

Customer service, sales force automation, etc. without real consideration

To the people who would need them. This led to the creation of different divisions

Duplication of work and repetition are common in incompatible systems.

The storage of information that results in what is often referred to as

“technology stovepipes”. Many years of complicated implementations went into this.

This was followed by an explosion of activity in building interfaces and training staff.

There are many systems that can be used within an organization by different divisions.

A decade ago, the most recent boom in the consulting industry occurred.

metamorphosis, to finally reach the state it has attained today. This

The process started when top-ranking consulting firms introduced the idea of

Total consulting. Clients move away from traditional technology solutions.

We were advised to use a combination strategy to solve problems.

People, technology, process. Consulting began to address problems at a macro level.

Level across the entire organization, and when looking at the whole organization

entity. Consultants are people who recommend and implement solutions.

A person who helped the client by collaborating with technology systems

The consultant will help resolve any business issues that affect the entire organization. The consultant

His/her role as trusted advisor had changed.

molw.net

We are a team of professionals with each having two decades of experience in start-ups, sales, marketing, finance, HR, large scale project and profit centre management and running mature cross functional operations. At Molw.net we are big believers that knowledge transfer is critical to our industry’s evolution. We love to share our experiences and learnings through our online resources.

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