Compendium admissions 2023-25
CONSIG – The Consulting Club
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- Different kinds of consulting
- Strategy Consultants
| CONSIG – The Consulting Club Who is a consultant A consultant is a person who provides professional or expert advice in afield of science or business to either an organization or an individual. Fundamental Objectives Another way of understanding consulting is to analyze its fundamental objectives, as given by Prof. Arthur N. Turner of Harvard Business School, and arranged hierarchically they are - 1. Providing information to the client 2. Solving client's problems 3. Making a diagnosis, which may necessitate a redefinition of the problem 4. Recommending a solution based on the diagnosis 5. Assisting with the implementation of the solution 6. Building a consensus and commitment around corrective action 7. Facilitating client learning, i.e., teaching clients how to resolve similar problems in the future. 8. It is permanently improving organizational effectiveness. The initial five purposes are practiced more and are easily understood by most in the consulting field however, many consultants aspire to engage with goals 6 to 8, which are essential for effective consulting even if not explicitly recognized as part of the initial consulting engagement. Different kinds of consulting The top consulting firms in the world include well-known names like McKinsey & Company, Boston Consulting Group, Bain & Company, Gartner, AT. Kearney, KPMG Consulting, Ernst & Young, etc. Within the consulting subspace, there are six broad categories of consultants - 14 Strategy Consultants focus on strategic topics like corporate and organizational strategy, economic policy, government policy and functional strategy. They carryout work assigned by top managers, CXOs and directors. Their role is more advisory than implementational. Management Consultants (known as Business Consultants) focus on all organizational concerns from strategy to many elements within management Management Consulting is a collective term used for all services that fall under Strategy Consulting, Operations Consulting HR Consulting Download 4.08 Mb. Share with your friends:
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