Skip to main content

Posts

Showing posts from October, 2017

What do business consultants do?

  The core of business consulting is to solve problems. Client problems statements can vary in terms of what is known and how well-articulated they are.   For example, some problem statements consultant may face are: a) How much should I bid for wireless spectrum in the top 25 metro areas in the United States in X, Y, and Z auctions? b) How can I leverage the data I am collecting already and launch a business in this adjacent market? c) How should I link my customer relationship management system more closely with my web presence and accounting system? d) I need to reduce my customer response times and cost structure for services. What options do I have, what should I do, and can you help me make the changes?   For the problem statements above, each problem statement focuses a little bit different in terms of weight on analysis, strategy development, incubation, and execution required.   You will find consultants that tend to focus more on analysis and strategy versus execution.