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MANAGEMENT CONSULTING
In order to enhance the effectiveness of their business plan, organizational
efficiency and operational processes, management consulting, also
referred to as business consulting, is described as' advisory and/or
execution services for (senior) management of organizations.' Consulting
in management is due to the great variety of disciplines and variations in
the capacities needed.
INTRODUCTION
2
WHAT DOES IT
3
MANAGEMENT CONSULTING IS A SERVICE PROVIDED BY CONSULTING
FIRMS TO HELP THEIR CLIENTS IMPROVE THE EFFECTIVENESS OF AN
ORGANISATION'S STRATEGY, OPERATIONAL PROCESSES AND
STRUCTURE.
CONSULTANTS GIVE ADVICE AND SOLVE COMPLEX ISSUES. THEY
IDENTIFY AREAS WHERE THE COMPANY COULD ADD VALUE, IMPROVE
BUSINESS PERFORMANCE AND HELP DEVELOP SKILLS WITHIN THE
ORGANISATION.
THEY MIGHT BE COMMISSIONED TO DEVISE A STRATEGIC PLAN TO
ACHIEVE A SPECIFIC GOAL FOR THE COMPANY – LIKE BOOSTING
GROWTH OR ACTIONING A SPECIFIC PROJECT. OR THEY MIGHT ADVISE
ON COST-SAVING INITIATIVES OR NEW APPROACHES.
5
What Does a Management Consultant Do?
A management consultant will make recommendations to help make a company’s operations
more streamlined and, in the long run, help the company to boost its productivity and
profitability.
Organisations enlist the help of a management consultant for a wide variety of reasons. In all
cases, they want an unbiased business expert to look at the workings of the company as an
outsider, with no prior knowledge of why things are done a certain way.
They may also need the expertise of a consultant to help with a specific project, typically
because they don’t have an employee in-house who is experienced, knowledgeable or capable
enough to take it on.
Management consultants usually look at any or all of the following aspects of a business:
 Human resources
 Marketing
 Business strategy
THEY WORK ACROSS MANY
DIFFERENT INDUSTRIES AND
SECTORS, INCLUDING (BUT
NOT LIMITED TO):
1-CHARITIES
2-MANUFACTURING
3-UTILITIES
3-EDUCATIONAL SERVICES
4-RETAIL
5-HEALTHCARE
6-HOSPITALITY
7-MEDIA
8-PUBLIC SECTOR
9-GOVERNMENT
10-FINANCIAL SERVICES
Management consulting

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Management consulting

  • 2. In order to enhance the effectiveness of their business plan, organizational efficiency and operational processes, management consulting, also referred to as business consulting, is described as' advisory and/or execution services for (senior) management of organizations.' Consulting in management is due to the great variety of disciplines and variations in the capacities needed. INTRODUCTION 2
  • 4. MANAGEMENT CONSULTING IS A SERVICE PROVIDED BY CONSULTING FIRMS TO HELP THEIR CLIENTS IMPROVE THE EFFECTIVENESS OF AN ORGANISATION'S STRATEGY, OPERATIONAL PROCESSES AND STRUCTURE. CONSULTANTS GIVE ADVICE AND SOLVE COMPLEX ISSUES. THEY IDENTIFY AREAS WHERE THE COMPANY COULD ADD VALUE, IMPROVE BUSINESS PERFORMANCE AND HELP DEVELOP SKILLS WITHIN THE ORGANISATION. THEY MIGHT BE COMMISSIONED TO DEVISE A STRATEGIC PLAN TO ACHIEVE A SPECIFIC GOAL FOR THE COMPANY – LIKE BOOSTING GROWTH OR ACTIONING A SPECIFIC PROJECT. OR THEY MIGHT ADVISE ON COST-SAVING INITIATIVES OR NEW APPROACHES.
  • 5. 5
  • 6. What Does a Management Consultant Do? A management consultant will make recommendations to help make a company’s operations more streamlined and, in the long run, help the company to boost its productivity and profitability. Organisations enlist the help of a management consultant for a wide variety of reasons. In all cases, they want an unbiased business expert to look at the workings of the company as an outsider, with no prior knowledge of why things are done a certain way. They may also need the expertise of a consultant to help with a specific project, typically because they don’t have an employee in-house who is experienced, knowledgeable or capable enough to take it on. Management consultants usually look at any or all of the following aspects of a business:  Human resources  Marketing  Business strategy
  • 7. THEY WORK ACROSS MANY DIFFERENT INDUSTRIES AND SECTORS, INCLUDING (BUT NOT LIMITED TO): 1-CHARITIES 2-MANUFACTURING 3-UTILITIES 3-EDUCATIONAL SERVICES 4-RETAIL 5-HEALTHCARE 6-HOSPITALITY 7-MEDIA 8-PUBLIC SECTOR 9-GOVERNMENT 10-FINANCIAL SERVICES