What is Corporate Consulting?

Management Consulting (Management Consulting), management consulting is a highly intelligent service business engaged by people who have rich management knowledge and experience, and have mastered consulting techniques. The management personnel are closely combined and applied scientific methods to find out the main problems existing in the enterprise.

Business consulting

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Management Consulting (Management Consulting), management consulting is a highly intelligent service business engaged by people who have rich management knowledge and experience, and have mastered consulting techniques. The management personnel are closely combined and applied scientific methods to find out the main problems existing in the enterprise.
Business consulting, conduct quantitative and qualitative analysis with real evidence, find out the cause of the problem, propose practical improvement plans, and then guide the implementation of the plan to improve the operation mechanism of the enterprise, improve the management level and economy of the enterprise
Management consulting industry first developed from the United States. When it appeared at the end of the 19th century, it focused on solving some basic problems in production management.
In Germany, the consulting industry is the fastest growing and most stable modern industry sector in the German economy, and its annual growth rate is much higher than the annual growth rate of the German national economy, and it has become an organic part of the German socioeconomic system. The tentacles of consultation have extended to all aspects of people's daily life, including medical care, cultural entertainment, equity incentives, education, job search and other services that require consultation.
The content of consulting is many and complete, including production management consulting, strategic consulting, and management method consulting. Enterprise management consulting is an expert with rich business theoretical knowledge and practical experience, working closely with relevant personnel of the enterprise to apply scientific methods to find the enterprise
This is a valuable private enterprise, but in the current economic turmoil, the biggest risk it faces is not production, technology or R & D, but whether it can manage market risks under such turbulent conditions. The two generations of managers of this company have different control concepts for this kind of market risk. The managers of the parents believe that the market will always fluctuate. What the operator should do is to manage the production in a down-to-earth manner. Although the son himself does not learn risk management, he has not analyzed the price of the steel market. And research, but in order to control this market risk, he has started to do electronic futures trading in the Shanghai steel market. "In fact, Chinese enterprises have not realized how to manage the risk of market fluctuations in the current market." Li Fuan said. However, from the perspective of the actual situation of the enterprise, it is not realistic to build a professional risk management team within the enterprise. Especially for private enterprises, such investment is too large. When survival and risk coexist, almost all Companies will choose the former. Relying on third-party consulting agencies: "CFOs of our company need to recognize this risk, manage this risk, and use the right method to trade this risk. The best way to do this is to outsource, or ask Professional institutions to be consultants. "Li Fuan suggested. However, as far as the current situation is concerned, there are still very few companies in China that can provide such professional consulting. Therefore, in addition to these two methods, Li Fuan has been promoting in Zhejiang, which is to introduce banks and specialized financial institutions to help companies manage these risks.
In fact, this means letting financial institutions manage market risk, and the most difficult thing to manage in a bank is market risk, because the losses and profits caused by market price fluctuations also have the highest technical requirements. However, in financial institutions, because they have a systematic, specialized team, and a very strict system to manage this risk, it is far more professional for them to control this risk than for enterprises. "Chinese enterprises, especially those with relatively high risks, need at least 8 to 10 years if they have the ability to manage risks." Li Fuan said.
It can be seen that the use of third-party management consulting agencies is of great significance for enterprises to prevent market risks. A management consulting company is to provide independent advice and help on specific business management issues of client companies. It generally involves identifying and examining related issues or opportunities, recommending appropriate plans of action and planning, and helping to implement the proposed solutions.
Management consulting mainly provides advice to senior decision-makers of client companies in the form of scheme reports, and does not directly intervene in the specific business management activities of client companies. Management consulting includes three stages: enterprise diagnosis, program design, auxiliary implementation, and enterprise diagnosis. It refers to an objective and systematic analysis of the status quo of the enterprise through research, describes the current status of the relevant aspects of the enterprise, and reveals the problems and problems of the enterprise The root of the problem, and put forward ideas and suggestions to solve the problem. Solution design refers to designing a systematic and specific solution and planning for the management and management issues raised by customers based on the diagnosis of related problems of the enterprise.
Assisted implementation is to organize relevant personnel of the client enterprise to familiarize and digest the management consulting program, train the relevant personnel of the client company on the concepts and business management knowledge involved in the program content, organize the formulation of various management systems and implementation rules, and assist the enterprise simulation Implement the design plan, and make necessary adjustments to the design plan and the formulated management system and rules based on the results of the simulation.

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