What Are International Consulting Firms?

International consulting refers to the use of the knowledge and technology of its members internationally to provide decision-makers with a special service to help decision-makers find solutions to various complex problems. International consulting business organizations are known internationally as "think tanks" and "brain companies". It not only analyzes what has happened and is happening in society, or some past achievements, or the information that has been stored, but also predicts a current political or economic situation. Especially for certain kind of activities or things that will happen in the society, through investigation, research and analysis, predict their development direction and effect, and propose corresponding countermeasures to provide decision-makers with a scientific basis for decision-making.

International consulting

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International consulting refers to the use of the knowledge and technology of its members internationally to provide decision-makers with a special service to help decision-makers find solutions to various complex problems. International consulting business organizations are known internationally as "think tanks" and "brain companies". It not only analyzes what has happened and is happening in society, or some past results, or the information that has been stored, but also some current

(1) Comprehensive In the process of developing modern economy or other fields, the difficulties and problems encountered are often not solved by a single discipline, a single technology and a single method, and often require the accumulation of multiple professional knowledge and novel information. It must be a comprehensive collection of multiple disciplines, infiltrate each other, and then analyze and refine, in order to reach a correct judgment. Therefore, the level of consulting work often does not depend on how much mastery a certain professional knowledge has, but on the strength of the comprehensive analysis ability. Many well-known consulting institutions in the world are mostly comprehensive research institutes, such as the Stanford Comprehensive Research Institute in the United States, and Nomura Comprehensive Research in Japan. This is mainly because one of the basic characteristics of consulting work is the high comprehensiveness of interdisciplinary, multi-disciplinary and super-industry. Sake. ^[1]

As the scope of consulting business is very wide, and the new situation and new science are constantly developing, it is difficult to classify them. Most people advocate that the international consulting business is divided into comprehensive consulting, engineering consulting, technical consulting, management consulting, and public. Relationship consulting and other professional consulting in six categories. ^[1]

(1) International consulting is an important factor to promote the economic development of various countries and improve the efficiency of enterprises. For a country, international consulting can serve its national economic construction. The modern economy is a complex whole based on deep knowledge and technology. In the process of people constantly discovering and developing material resources, improving productivity, and improving economic benefits, it is important to make full use of information and knowledge, while consulting is actually an important application of information. Play an intermediary service role. The consulting process is actually the process of information processing activities. It can effectively process information and exchange information, thereby promoting production, distribution, circulation, consumption, and organic relations among each other in the economic field. The role of international consulting in improving the economic efficiency of enterprises is obvious. In the face of the complicated and modern economic activities in the world, the consulting institutions can provide a comprehensive situation analysis and various problem-solving methods through scientific and systematic analysis and its efficient working methods as decision-making. Basis and reference, in order to avoid blindness, one-sidedness, randomness and limitations of decision-making, improve the work efficiency of governments at all levels or various enterprises, reduce errors in economic activities, and thereby obtain better economic benefits. ^[1]

(2) International consultation is the guarantee of the scientific and effective decision-making. Any country's major decision-making, whether it is economic, military, political, or diplomatic, involves the safety and development prospects of the entire nation. Experts with knowledge structure and rich experience put forward various feasible solutions for leaders to choose, give full play to the role of "think tanks", and act as the "external brain" of decision makers. In the contemporary era, the scientific nature of decision-making is the main prerequisite to ensure the correctness and effectiveness of decision-making. Therefore, all major decisions must rely on soft science to provide theories, methods, procedures and tools for decision-making, fully listen to the opinions of experts, consultants or institutions and institutionalize this work. In developed countries, the decisions of governments and large companies often rely on "external brain banks" or advisory bodies in the government, such as the Presidential Scientific Advisory Committee of the United States, the National Economic Council, the advisory committees in the British government departments, the Prime Minister's Office, and provinces The Office's "Review" provided consulting services and was therefore more effective. For an enterprise, any investment needs to bear certain risks. To reduce investment risks and reduce investment blindness, we must first understand the state of the environment, including domestic and international advanced technology levels and gaps. Grasp the latest information at home and abroad, analyze its trends and economic benefits, and then choose a solution that has the least investment, the largest returns and the fastest results, so that the investment risk is minimized.

(3) International consulting can further strengthen international technical cooperation. Modern science and technology are advancing by leaps and bounds, and new scientific research results are constantly emerging. How to apply new scientific research results to production practice is a very important topic. On the other hand, due to fierce market competition, enterprises engaged in production need to continuously improve product quality and update technical equipment. Large enterprises, especially multinational companies, generally have their own consulting and research departments, which are engaged in scientific research and use new research results to continuously improve the competitiveness of their products. However, due to financial and technical constraints, the majority of small and medium-sized enterprises do not have the conditions to have specialized research institutions like large enterprises to improve product quality or solve various problems encountered in production. Even large companies cannot have all kinds of technical capabilities. In this case, various different consulting and research institutions are needed to help these enterprises solve various problems in production and management, or to provide important market information in a timely manner. The vast majority of developing countries, due to their weak scientific research capabilities and technological and economic backwardness, also need to import advanced scientific research results from industrially developed countries in order to accelerate the development of their national economy. The consulting business has a wide international character. Whether it is an open country with a developed economy or some developing countries with a developed consulting business, they provide a wide range of consulting services in the international market and introduce modern new knowledge and advanced new technologies to The world has raised the industrial technology level of some backward countries to a new level, and improved their management levels accordingly, further promoting international economic cooperation. Therefore, international consultation plays a role of media and bridge, and constantly promotes and transfers new scientific and technological achievements of developed countries to developing countries and various production fields of small and medium-sized enterprises, and has made great contributions to social production.

(4) International consultation has expanded the content of international technical and economic cooperation, which is conducive to the development of international trade. International economic exchanges have for a long time been mainly merchandise trade between each other. However, since the Second World War, especially since the 1960s, due to the impact of the scientific and technological revolution, the international division of labor has further developed in depth and breadth. In addition to commodity trading, international economic cooperation methods have emerged. Various forms of communication such as contracted engineering, labor export, technology trade and consulting services. In particular, some developed countries have been more active in technology trade and consulting services in recent years. For example, the United States, which is the largest consulting service country in the contemporary era, according to statistics, the total business volume of the consulting industry has exceeded 30 billion US dollars each year. As a form of technology trade, international consultation not only enriches the content and form of international trade, but also greatly strengthens and expands the depth and scope of international trade, drives export trade and stimulates the economic development of countries.