What is a business consulting company?

Business Consulting Company, also known as a consulting company on management, adapts different types of business solutions and other organizations to increase their efficiency and/or profits. More precisely, professional business consultants perform specialized analyzes of the organization's problems and objectives and come up with strategies that would deal with each. Arthur D. Little, created in the United States in 1886, is generally recognized as the first business consulting company.

European business and industry began to look for such organizations for help after World War II, when international trade began to expand. European executives and managers were expected to be fully responsible for ensuring the smooth operation of their companies. On the contrary, since Arthur D. Little, American entrepreneurs have generally acknowledged that it may not be possible to solve any problem on the task that arises in the operation of their companies, so Towards, often you get the help of a business consulting company.

Since the beginning of the 1960s, Boston Consulting Group has been developed and strategies that companies for management or business advice often use to help business, industry and occasionally governments and non -profit organizations. In general, these types of companies have either a professional or guideline approach or facilitating an approach that focuses more on the process of consulting with business managers. In the latter case, the counseling company focuses less on specific technical knowledge, unlike the one that uses a professional approach, and more on the process of accepting strategies to solve the company's problems.

Companies can look for administration or business consulting companies when they want to come up with a new and sales product and/or marketing and the cost of the strategy to increase profits. Governments sometimes use these types of counseling companies to help formulate politicians. Companies can also help the company noBO non -profit effectiveness of information technology, which is best suitable for its needs.

A large business consulting company usually offers diversified strategies for a wide range of organizations and businesses. The boutique company focuses on the problems and promotion of specific industries or technologies. The type of business consulting company known as the advisory firm of the sources solves the problems of companies and insourcing, outsourcing and contractual contracts for sellers. Advisory companies for obtaining resources are sometimes considered one type of boutique company.

Business Consulting The company sometimes uses interventions that it has successfully used with one company or organization with another that could be in a similar situation. Many business experts criticized this strategy to use designer plans to tempt. Thesebritics believe that the business problems of each organization tend to be unique situations that require unique solutions.