...Business Consulting The word “consulting” can have many definitions for people. A friend advising a friend on a personal issue as well as a professional advising a company on their next move in order for the business to grow. Consulting is used in many scenarios within the work place. In the next couple of paragraphs we will be looking into consulting through the business aspects as well as what a business consultants consist of and their duties. When thinking of a business consultant what comes to mind is someone giving advice to a company, having an outsider look into the business and give their opinion and suggestions on what to change to improve the business starting with their employees to their clients, as well as advertising and product design. This can include training, skills developing, software upgrade, even the way they interview for job openings. According to Peter Block (1999), a consultant is a person that has influence on an individual, group, or company but has no authority to make changes only make suggestions even if the company does not take them. A good skill to have as a consultant is being capable of standing their ground when it comes to management as well as keeping their emotions under control. The reason for this is that in order for a company to have full trust on a consultant one has to show that they believe and standing up for what is best for the business and even thought the company might not go with the consultants plan...
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...Business Consulting Kevin Jackson University of Phoenix MGT/527 August 13, 2012 Sandy Yeh Abstract Business consulting has a long history in America. In 1890, Fredrick Winslow Taylor was the first business consultant, which he called it scientific management and many of the practices are still relevant in modern organizations (Public Broadcasting Station, n.d.). Organization uses internal and external consultants; however, organizations use external consultants more than internal consultants. External and internal consultants use the same functions and roles to solve a problem an organization has. This is a review of those functions and responsibilities of business consultants. The author believes internal consultants are more equipped to solve problems and improve organizational functions because he or she understands the organizational structure and culture. Business Consultant A person who is a business consultant provides advice and solutions to other business this includes small businesses to Fortune 500 organizations. Business consulting has numerous types of sub-categories, which includes marketing consultants, sales consultant, and human resources consultant. Although there are numerous types of business consultants, organizations do not require business consultants services enough to hire a full-time member (Consultant Journal, 2012). However, some businesses do have internal consultants, but these consultants are part of...
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...Business Consulting Justin E. Foster MGT527 / MBAY1ICSM6 Due: September 07, 11:59 PM Instructor: Dr. Harvey McDonnell University of Phoenix Business Consulting In today’s business environment, a business consultant can be used in a variety of ways. One could argue that the positioning of the business being consulted, the subject matter in which being consulted on, and the maturity of the company could be all factors in how a business consultant could and should be utilized. In the paragraphs that follow, I will attempt to give my own vision and explanation of a business consultant as I’ve observed their utilization and provide and provide an overview of their roles and responsibilities as supported by the text. As noted in the text, a consultant is often a subject matter expert that has been placed in a position to have some influence over a department, entity, or organization. Consultants are charged with making sound and robust recommendations for action without having any direct power to make changes or implement programs. Said another way, a management consultant is a qualified individual who works with senior level executives to assess organizational health, identify robust solutions, and make strong recommendations to management on how to address those problems. (Weinclaw, 2008) An effective consultant has the ability to build trust within their client/clients and build capability and drive for change. During...
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...Business Consulting Paper MGT/527 Consulting June 23, 20014 Dr. Harvey McDonnell Business Consulting Paper Abstract Business consulting has a lengthy history in America. In 1890, Fredrick Winslow Taylor was the first business consulting, which he called it scientific management and many of the practices today are still pertinent in modern organization (Public Broadcasting Station, n.d.). Organization uses external and internal consultants; however, most organization use external consultants more than internal consultants. External and internal consultants use the same functions and roles to solve a problem that an organization has. This is an evaluation of those functions and responsibilities of business consultants. Vision and Explanation of a Business Consultant It is crucial for a company to have a vision and mission. The vision describes where the company is heading and the fulfillment of its goals. Whereas in mission, it explains the primary purpose of the company and provides the purpose of its existence. Mission defines and communicates to the stakeholders why the company is headed to that direction and its purpose. Having a good business consultant will prevent the company in experiencing downfall, loss of income, lack of trust from stakeholders, and business failure. Business consultant helps in defining the company's mission, goals, and objectives. Consultant must know the vision and mission of the company and has the knowledge and experience on how...
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...Business Consulting Paper Leonard Eric Manalo University of Phoenix ~ MGT 527 Professor: Richard Arriaga June 26, 2013 Vision and explanation of a Business Consultant It is very important for a company to have a vision and a mission. A vision describes where the company is heading and the fulfillment of its goals. Whereas in mission, it explains the primary purpose of the company and provides the purpose of its existence. Mission describes and communicates to the stakeholders why the company is headed to that direction and its purpose. Having a good business consultant will prevent the company in experiencing downfall, loss of income, lack of trust from stakeholders, and business failure. Business consultant helps in defining the company's mission, goals, and objectives. Consultant must know the vision and mission of the company and has the knowledge and experience on how to guide the future of the company into the right direction. Business Consultant’s Roles and Responsibilities A business consultant’s roles and responsibilities depend on a good relationship to his or her client. Consultant must disclose to the client his or her full competence and expertise in solving the company’s problem, implement the needed changes and improvements if necessary. Consultant should have the experience in finding the root cause of the problem, where it has originated, and the need of the company. Consultant offers suggestion and provides...
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...Business Consulting Paper Brian Williams MGT 527 June 25, 2015 Business Consulting Paper My vision of a company consultant is a third party personnel not affiliated with the client. One who is sent to observe and analyze a client's' performance, process, environment and communications with the mindset of the custome r more efficient and to establish a good client relationship. In doing this, the five phases of consulting are being taken into consideration. The five stages consist of the entry and contracting, discovery and dialog, feedback, and decision to act, engagement and implementation, and extension, recycle, or termination. The consultant begins with the entry and contracting phase. In this stage, the initial contact between the consultant and client begins here as well as, establishing the expectations of both parties. The consultant and client start the discussion on what the problems are, what are the guidelines necessary for reconfiguring if needed and for the consultant to determine if they are right for the job. The consultant is given the initial overview of the problem. By observing the client's everyday work performance and communication process, the consultant is coming up with its comprehension of the clients’ environment. Consultants can determine the personnel and equipment that are going to be involved with necessary in the reconfiguring stage if necessary After the observation of these areas, the consultant provides suggestions how the client...
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...Some Effective Ways to Market a Management Consulting Business Marketing a B2B firm is quite different and becomes even more complex when it comes to marketing a management consulting business. Especially in Pakistan where we observe that a large number of companies haven’t yet realized the importance of a management consulting business. It is important to market management consulting firm in such a way that all those companies which haven’t yet encountered management consulting business should consider it as fuel for their vehicle on the road to success. Many business professionals have heard of a management consulting business but don’t really know how it adds customer value. Businesses don’t buy what they cannot understand. A management consulting firm should clearly advertise about what they do, how they do and how they can help to foster the growth of a business. Newspapers, Bill boards, word of mouth marketing, websites and Social media are all the common ways of marketing. All these methods are in use of majority of management consulting firms but need is not only to add variation to the existing methods but also adopt some new ways to grab attention of the clients. Social media marketing is now among the most popular means of marketing used in Pakistan because of a noticeable increase in its users. Management consulting businesses needs to focus more towards building their brand through social media. Social media includes the LinkedIn discussion thread, the Facebook...
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...Consulting company "Business Consulting" is specialised in providing complex professional consulting services in the sphere of business and management: preparation of business-plans, marketing research, budgeting, juridical services, the selection of personnel and personnel-technologies. Our aim is to assist enterprises of all forms of ownership in increasing the efficiency of activities and achieving maximum economic results. In our work we apply system approach, and we believe that only a comprehensive vision and identification of problems, integration of different components of activity represent the approach to the organization of the business environment, which provides our customers with access to a qualitatively new frontier efficiency and stable development of business. It is especially effective system approach in the work with large-scale projects connected with the breeding of the new company on the market or optimization of already existing companies, study of consumers, competitors, and construction of structure of the company, formation of the state, the decision of legal issues, definition of strategies for successful development. Individual approach to each client will be used and allow us to find the decisions, based on the deep understanding of business' specifics and problems of the client, his key competences and opportunities for successful development. Absolute confidentiality, trust and respect, multiplied by professionalism, here is the formula of...
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...a rebranding.[6] As of 2012 PwC United States is the fifth-largest privately owned organization in the United States.[7] PricewaterhouseCoopers' operations are Global, but with Europe accounting for 42% of the total.[30] PwC audits 33% of companies in the FT Global 500 and 29% of the companies in the Fortune Global 500.[30] PricewaterhouseCoopers is organised into the following three main service lines:[31] • Assurance Services • Tax Advisory, (international tax planning and compliance with local tax laws, customs, human resource consulting, legal services and transfer pricing) • Advisory – mainly consulting activities which covers Strategy, Performance Improvement, Transactions Services, Business Recovery Services, Corporate Finance, Business Valuation, Sustainability and Crisis Management in a range of specialist areas such as accountancy and actuarial advisory. • Academy - providing a wide range of financial, and business skills training to individuals and the organisations they work for. PwC's Academy trains and supports students who are taking professional qualifications in accountancy and...
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...Business Consulting Paper Kim Spann MGT/527 January 9, 2013 Linda Kulka Business Consulting Paper Business consulting is needed in businesses in the world today. Regardless of what type of business a person has or works for, consulting is needed to see what issues a business has whether good or bad. A business consultant can make a business become better in different aspects. A business consultant does not necessary have to know about the business he or she is consulting, but he or she do need to know what type of business is being consulted. A business consulting discovers the problems in the business and then creates a solution to the problem by making things better in the workplace. According to Bryan (2013), business consultants are the connecting link between discovering problems and creating solutions. They can come as one person, or they could come as a team. No matter what form of business consultant you use, they will have one goal and that will be to meet the goals of the company they are assisting. A business consultant will not put down a business, but will let the owners know what needs to be done to have the business run smoothly or without flaws. According to Pryles (2013), a consultant is an expert at recognizing problems and shaping solutions to those problems. A business consultant has different roles in consulting a business. A person may just believe a business consultant only comes into a business to criticize a business, but most...
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...KPMG evolving and adapting to give clients a business boost 8 Apr, 2015 Post Staff KPMG Cambodia Limited celebrated its 20th anniversary last year, but for one of the world’s leading professional services firm, even two decades can seem like just the beginning of the long journey ahead. The firm, which is one of the largest professional organisations in Cambodia, demonstrated its drive to adapt to changing business needs in the Kingdom when it acquired Phnom Penh-based Premier Consulting (Cambodia) Limited at the beginning of this year. The acquisition not only added to KPMG’s local growth and strength, but also enhanced the company’s ability to provide the best services possible to an ever-growing list of clients. The addition of Premier Consulting’s expertise to KPMG’s established business portfolio brings a new dimension to the firm expanding its traditional Audit, Tax and Advisory services in to additional consulting, payroll, compliance and other essential business services. “We constantly strive to undertake strategies to develop new services and capabilities, recruit new experts and assist clients with market-leading ideas and technology,” said KPMG Senior Partner Michael Gordon. “It all boils down to turning knowledge into value to benefit our clients as they look to not only undertake their day to day business activities, but also to transform their business models and operations.” The acquisition also comes at a time when more and more clients...
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...Performance Consultant Interview Guide 1. What is the nature of your organization? Is it a consulting firm, or do you work for a large corporation? What is your role within your organization? Please provide a brief history on the organization. 2. What is the role of performance consulting in the organization? 3. What was the most pertinent performance project that you consulted on? Was it a success or failure? Why? 4. What are some common qualities of successful performance intervention projects? 5. What performance consulting models have you found to be most effective to minimize gaps in performance within an organization? 6. Overall, how does performance consulting affect or impact an organization? Do you have specific case studies or examples u can provide? 7. Can you describe the role that your organization plays in HPT 8. When working with different clients, what kind of focus do you put on analysing the prevailing culture? 9. How has Performance Consulting changed since you entered the field? What are your thoughts about the current state of the field? 10. Are there any tips you would give a newcomer in the field of HPT? 11. After a company or business contacts you, what criteria to you establish for yourself before you finally say, “Yes, I will be your performance consultant?” 12. Do you have any personal vision or mission statements for your consultant process? Extra questions if we wanted to ask…. 1. What was the...
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...with expertise in services like "Premium Recruitment Consulting - Retained Executive and Board Search", "Turnkey Recruitment Projects", "Interim Management" and "Top Level Corporate Training". We find leaders who build winning business. As passionate experts in the executive search industry we build leadership teams for our clients every day. Orchestrating a process that ends in the hiring of world-class talent requires a true partnership with a trusted outside advisor. Maximise your exposure to the global executive talent pool and fully leverage the experience of our executive search consultants. We are the only consulting firm with our own non-commercial online Job Portal www.universalhunt.com. We have built a databank of more than 4 Million candidates over a period of time, which allows us absolute success in any mandate in shortest time span with 100% client satisfaction. We serve more than 900 international clients across all sectors and industries. We have clients in UK, Germany, Belgium, South Africa, Netherlands, Singapore, India, United Arab Emirates, Saudi Arabia, Bahrain, Oman, Qatar, Yemen, Libya, Tanzania, Kazakhstan, Tunisia, Jordan, Nigeria, Kenya and Malaysia, Uganda, Hongkong, Australia, USA and many other countries. Specialties Executive Search, Interim Management, Turn Key Recruitment, Corporate Training, Resume Writing Service Universal Hunt Private Limited, an International Business Consulting company with clientèle from various sectors and industries...
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...Table of Contents WHAT IS CONSULTING? .................................................................................. 4 CONSULTING TRENDS AT FUQUA .................................................................................. 4 WHAT DO CONSULTANTS DELIVER? ............................................................................. 4 CHOOSING THE CONSULTING INDUSTRY AND A ROLE WITHIN IT ................ 5 WHY CONSULTING – PROS & CONS ............................................................................. 6 GAUGING THE CULTURE OF CONSULTING FIRMS........................................... 7 THE ROLE OF GEOGRAPHY .............................................................................. 8 THE MBA SUMMER INTERNSHIP EXPERIENCE................................................ 9 SOME AREAS ON WHICH TO FOCUS DURING THE INTERNSHIP ................... 10 TIME MANAGEMENT ............................................................................................... 10 ASSESSING THE FIT ............................................................................................... 10 MENTORING ........................................................................................................ 10 CLIENT FOCUS ..................................................................................................... 10 DEFINING THE INDUSTRY............................................................................. 10 THE NATURE OF THE WORK ...................................
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...Case Accenture Accenture began in 1942 as Administrative Accounting Group, the consulting arm of accounting firm Arthur Andersen. In 1989, it launched as a separate business unit focused on IT consulting and bearing the name Andersen Consulting. At that time, though it was earning $1 billion annually, Andersen Consulting had low brand awareness among information technology consultancies and was commonly mistaken for its accounting corporate parent. To build its brand and separate itself from the accounting firm, Andersen Consulting launched the first large-scale advertising campaign in the professional services area. By the end of the decade, it was the world’s largest management and technology consulting organization. In 2000, following arbitration against its former parent, Andersen Consulting was granted its full independence from Arthur Andersen—but it had to relinquish the Andersen name. Andersen Consulting was given three months to find a name that was able to be trademarked in 47 countries, effective and inoffensive in over 200 languages, and acceptable to employees and clients—and that corresponded with an available URL. The effort that followed was one of the largest—and most successful—rebranding campaigns in corporate history. As luck would have it, the company’s new name came from a consultant at the company’s Oslo office, who submitted “Accenture” as part of an internal name-generation initiative dubbed “Brandstorming.” The consultant coined the Accenture name...
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