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• Is someone who has expertise ina specific area and offers
unbiased opinion and advice for a fee.
• Independent contractor
Good business skills = “successful consultant”
Marketable skill Perceptive mind
A need for
independence and
challenge
Ability to
communicate with
others
Desire to help
Agent of positive
change
Business are in need for consultants.
• Skilled consultants can be brought into an
organization on short notice
HIRE
PAY SALARY
BENEFITS
RETIREMENT PLAN
Main types of Consultant Firms
• Means of increasing revenue
IT Firms
• They tend to have a narrow focus around
financial and transactions services
Accounting Firms
Offering Consultancy
• They offer a wide range of services but
their core business is consulting.
Major Consulting
Only Firms
• Sole traders/ small limited companies /
partnerships. Their services are specializedIndependents
Career Structure in Consulting Firms
Analyst Consultants
Senior
Consultants/
Managers
Business
Development
Managers
Directors or
Partners
2 yrs. 5-10 yrs. 10 yrs. and
above
3-5 yrs.
Gatheringand
processing
information
Evaluatethe client’s
businessand make
recommendationson its
behalf
Leading a
consulting team
Developingthe
firm’sproducts
and building its
relationshipwith
clients
Mostexperienced
consultants.
Responsible for the
development of the
organization
Management Consultants is hired for
these valuable reasons:
Independent
viewpoint
Professional
advisor and
counselor
Temporary
professional
service
Agent of
change
PART I
6 Dimensions
Nature of the Problem
Service Delivery Area
Phases of the Analytic Process
Techniques and Methodologies applied
Industry to which client belongs
Geographical Areas
• Corrective Problem
- involves a situation in which conditions have worsened.
- it usually arises suddenly and demand urgent action.
• Progressive Problem
- involves an existing situation that can be improved.
• Opportunistic Problem
- involves a situation in which a future opportunity exists.
- Consultants search out and recommend opportunities for
more effective use of the funds.
Nature of the Problem
Service Delivery Areas
1.0 General Management
2.0 Manufacturing
3.0 Personnel
4.0 Finance and Accounting
5.0 Marketing
6.0 Procurement
7.0 Research and Development
• These phases represent the dynamic aspects of
an engagement and are employed in every
engagement.
Phases of the Analytic Process
Identifying
the objectives
Defining the
problem
Finding out
the facts
Developing
the solution
Implementing
the solution
• Most engagements are aided by technical
models or methodologies.
Techniques and Methodologies
Applied
• Discounted
cash flow model
Capital
Investment
Planning
• Structured
methodology
Information
system
planning
and design
• Privately owned business firm
• Government Agency
• Not-for-Profit nongovernmental organization
• Professional association
• Other types of organization
Industry or Nature of Organization
• Single Location
-Home Office of the client
• Multiple Location
-production plants
-warehouses
-foreign countries
Geographical Areas
A. Business Planning and Development
• The business has ambitions to grow and develop.
• Consultants contribute to the development of the business.
1st task: to establish exactly what the client wants from the
business development project.
B. Information Systems Consulting
• Management information systems aim to collect and organize
such information and present it to managers in a usable form.
• It provides a sound basis on which to progress the technical
implementation and helps ensure that it will be rewarding.
C. Management/ Operations Audit
• Known as management audits and performance audits.
• It is conducted to evaluate the effectiveness and/or efficiency of
operations.
D. Business Process Improvement/
Reengineering
• It is considered a more radical approach to improvement than
TQM.
Reengineering – a complete redesign of a process with an
emphasis on finding creative new ways to accomplish an
objective.
(1) To eliminate unnecessary steps
(2) To reduce opportunities for errors
(3) To reduce costs
E. Other Types of Consultancy Work
1. Marketing Research
-the process through which managers discover the
nature of the competitive environment in which they are
operating.
• Primary Research – Quantitative & Qualitative
• Secondary Research
2. Marketing Strategy Development
-the approach the business will take in order to get
the customers’ attention.
3. Developing Promotional Campaigns
-any program of activities dedicated to informing
customers about a product, stimulating their interest and
encouraging purchase.
4. Planning Sales Force Activity
-in the process of planning, the sales team is the
primary promotional tool that can help the business.
5. New Product Development
- represents a complex project that draws in most,
if not all, of the firm’s function.
6. Developing Proposals for Financial Support
7. Staff Recruitment
• Assessing firm’s human resource requirement
• Creating advertisements
• Developing assessment criteria
8. Exporting & International Marketing
-many high-growth forms soon recognize the
opportunity the international stage offers them
as a route for expansion.

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Management Consultancy Services

  • 1.
  • 2. • Is someone who has expertise ina specific area and offers unbiased opinion and advice for a fee. • Independent contractor Good business skills = “successful consultant”
  • 3. Marketable skill Perceptive mind A need for independence and challenge Ability to communicate with others Desire to help Agent of positive change
  • 4. Business are in need for consultants. • Skilled consultants can be brought into an organization on short notice HIRE PAY SALARY BENEFITS RETIREMENT PLAN
  • 5. Main types of Consultant Firms • Means of increasing revenue IT Firms • They tend to have a narrow focus around financial and transactions services Accounting Firms Offering Consultancy • They offer a wide range of services but their core business is consulting. Major Consulting Only Firms • Sole traders/ small limited companies / partnerships. Their services are specializedIndependents
  • 6. Career Structure in Consulting Firms Analyst Consultants Senior Consultants/ Managers Business Development Managers Directors or Partners 2 yrs. 5-10 yrs. 10 yrs. and above 3-5 yrs. Gatheringand processing information Evaluatethe client’s businessand make recommendationson its behalf Leading a consulting team Developingthe firm’sproducts and building its relationshipwith clients Mostexperienced consultants. Responsible for the development of the organization
  • 7. Management Consultants is hired for these valuable reasons: Independent viewpoint Professional advisor and counselor Temporary professional service Agent of change
  • 9. 6 Dimensions Nature of the Problem Service Delivery Area Phases of the Analytic Process Techniques and Methodologies applied Industry to which client belongs Geographical Areas
  • 10. • Corrective Problem - involves a situation in which conditions have worsened. - it usually arises suddenly and demand urgent action. • Progressive Problem - involves an existing situation that can be improved. • Opportunistic Problem - involves a situation in which a future opportunity exists. - Consultants search out and recommend opportunities for more effective use of the funds. Nature of the Problem
  • 11. Service Delivery Areas 1.0 General Management 2.0 Manufacturing 3.0 Personnel 4.0 Finance and Accounting 5.0 Marketing 6.0 Procurement 7.0 Research and Development
  • 12. • These phases represent the dynamic aspects of an engagement and are employed in every engagement. Phases of the Analytic Process Identifying the objectives Defining the problem Finding out the facts Developing the solution Implementing the solution
  • 13. • Most engagements are aided by technical models or methodologies. Techniques and Methodologies Applied • Discounted cash flow model Capital Investment Planning • Structured methodology Information system planning and design
  • 14. • Privately owned business firm • Government Agency • Not-for-Profit nongovernmental organization • Professional association • Other types of organization Industry or Nature of Organization
  • 15. • Single Location -Home Office of the client • Multiple Location -production plants -warehouses -foreign countries Geographical Areas
  • 16.
  • 17. A. Business Planning and Development • The business has ambitions to grow and develop. • Consultants contribute to the development of the business. 1st task: to establish exactly what the client wants from the business development project.
  • 18. B. Information Systems Consulting • Management information systems aim to collect and organize such information and present it to managers in a usable form. • It provides a sound basis on which to progress the technical implementation and helps ensure that it will be rewarding.
  • 19. C. Management/ Operations Audit • Known as management audits and performance audits. • It is conducted to evaluate the effectiveness and/or efficiency of operations.
  • 20. D. Business Process Improvement/ Reengineering • It is considered a more radical approach to improvement than TQM. Reengineering – a complete redesign of a process with an emphasis on finding creative new ways to accomplish an objective. (1) To eliminate unnecessary steps (2) To reduce opportunities for errors (3) To reduce costs
  • 21. E. Other Types of Consultancy Work 1. Marketing Research -the process through which managers discover the nature of the competitive environment in which they are operating. • Primary Research – Quantitative & Qualitative • Secondary Research
  • 22. 2. Marketing Strategy Development -the approach the business will take in order to get the customers’ attention. 3. Developing Promotional Campaigns -any program of activities dedicated to informing customers about a product, stimulating their interest and encouraging purchase. 4. Planning Sales Force Activity -in the process of planning, the sales team is the primary promotional tool that can help the business.
  • 23. 5. New Product Development - represents a complex project that draws in most, if not all, of the firm’s function.
  • 24. 6. Developing Proposals for Financial Support
  • 25. 7. Staff Recruitment • Assessing firm’s human resource requirement • Creating advertisements • Developing assessment criteria 8. Exporting & International Marketing -many high-growth forms soon recognize the opportunity the international stage offers them as a route for expansion.