What Is a Business Consulting Firm?
A consulting company is a company that engages in soft science research and development and sells "smart", also known as "consulting company". The consulting company is a commercial company, which mainly serves enterprises and entrepreneurs, engages in soft science research and development, uses specialized knowledge and experience, and uses brain labor to provide specific services.
Consulting company
- A consulting company is a company that engages in soft science research and development and sells "smart", also known as "consulting company". The consulting company is a commercial company, which mainly serves enterprises and
- Traditional consulting firm value
- Traditional consultants have three main functions for private SMEs:
- 1, the effectiveness of labor.
- Many bosses and general managers are not unaware of their own management issues, but they do nt have time to carry out reforms, and they need to hire someone to do the work for them, or they lack systematic management reform methods, so they need to do it for themselvesin short, the cost to do it Is very high.
- 2. Institutional improvement.
- Effectiveness of management efficiency improvement.
- 3. Strategic utility
- That is, buying time. For example, if the cost is lowered half a year in advance, you may be the first to occupy the market, and if it is driven by the market to reduce the price passively, at this time, not only will it not be able to occupy the market opportunity, but it may also be fatal.
- Different consulting companies have their own methods of managing projects. How to evaluate the workload of each member of the project team in a management consulting project; how to determine the different contributions of each person at the same time; and how to evaluate whether a person works fast or slow in a specific job?
- 1) First of all, we encourage teamwork so that each member of the project team can give full play to their strengths and help each other.
- 2) We involve all project members in the formulation of the project's action plan, determining the division of labor and the time it takes for each step. However, during the implementation phase of the project, the action plan may need to be adjusted due to various unpredictable reasons. Sometimes the project team even needs to work overtime in order to complete the task on time.
- 3) The factors we need to consider during the management consulting project. In addition to the workload and speed you mentioned in the question, what is more important is the quality of the project, the results, and customer satisfaction.
- 4) Most importantly, I think a consulting company should try its best to inspire staff morale, encourage staff to improve themselves, devote themselves to provide the best and most effective services to customers. In such a cultural atmosphere, consultants can manage themselves and achieve true professionalism.
- The following is an analysis of three issues that arise in management consulting:
- A. How to evaluate the workload of each member of the project team in a management consulting project?
- The approach we usually take is to first develop a project action plan, involving all members in deciding who will do what, when it will be done, and what they think the other members' capabilities are. The consultants participating in the project first put forward their views, and then all members made decisions together. Another method can be developed by the project team leader based on past experience and the capabilities of the consultants, and then adjusted and modified based on the opinions and suggestions of other members.
- B. How to determine each person's different contributions at the same time?
- The performance of each member can be evaluated from many aspects: 1] speed, 2] quality, 3] results (improved results of the client company and customer satisfaction).
- C. How to assess whether a person works fast or slow in a specific job?
- Speed is an aspect of performance appraisal and can be evaluated based on whether the task is completed on time. It is important that the speed of the consultants does not affect the progress of the entire project. If there are difficulties, they must be raised in advance and all project team members will work together to resolve them. Once the project plan is finalized, consultants need to complete it as planned. Other important assessment criteria are quality and results.