Skip to main content

What Are The Advantages of Hiring a Business Consultant?

 
The biggest advantages are know how, previous experience, ability to deal with ambiguity and the ability to create value in a very short period of time.  Too often clients hire people and call them 'consultants' just because they are on a contract.  

There's a huge difference between contractors and consultants IMO.

Contractors are usually brought in to fill staff augmentation roles for a period of time.  Think - I need a Project Manager to manage project 'xyz' for 3 months.  They need only have generic PM skills in many cases and the ability to execute.  

True consultants are brought in because of their expertise in a specific functional area or areas.  They bring knowledge to the table which isn't available in house and can both execute the tasks at hand as well as guide the client and provide advice towards decisions which need to be made now and in the future.  By bringing in additional subject matter expertise there's a typical value add that is not always available by going the contractor route.

The biggest issue here is both on the client and consulting firm side.  Too often clients only need staff augmentation resources while consulting firms are more than happy to proffer up 'consultants' to do these generic roles.  Clients should do their due diligence and save some money by purchasing the level of services they need - not those which they are oversold.
 
Business consultant are very important part of business now a days, reason behind business consultants helps you in investing in profitable markets shares and new technologies. Basically  they are our financial advisor.
Taking an example if their is such new technologies are rising in market  be them Mobility, Cloud computing, Big data. They have radically changed the business landscape. To quickly turn these advances into competitive advantages, you need an IT consulting partner with innovative solutions, well-defined strategies and deep domain expertise.
In order to progress in the right direction, an organization needs to continuously strike harmony between the advancements in technology and its business strategy. They need to continuously reinvent themselves in order to sustain in the competitive environment.
The main advantage is the consultant's experience in the related field. Not every consultant has the perfect solution. Determining in what area you are seeking consultation (management, sales and marketing, product and business development etc) and selecting the right person will bring in the advantages.

Generally the biggest advantage is adopting good corporate practices into the organization. Most of the SME type businesses are run by entrepreneurs who has excellent ideas, hard working and have successfully kick started a good business. But overtime as the business grows and they need to expand, a consultant is helpful to streamline and discipline the processes and practices. This is an example from management consultancy point of view. Similarly there are other advantages in the respective areas.
 

Comments

Popular posts from this blog

HUMAN RESOURCE PLANNING AT WIPRO

HUMAN RESOURCE PLANNING AT WIPRO Overview of Wipro Wipro started   as vegetable oil company in 1947  Azim Premji, a graduate in Electrical Engineering from Stanford University, at the age 21, repositioned and transformed Wipro (Western India Vegetable Products Ltd) into a consumer goods company  Producing hydrogenated cooking oils, laundry soap, wax and tin containers. 1975 - Wipro Fluid Power to manufacture hydraulic and pneumatic cylinders. At that time, it was valued at $2 million. 1977 - Entry into information technology sector. 1979 - developing its own computers 1981 - selling the finished product. 1980 - moved in software development 2000 - Wipro Ltd ADRs were listed on the New   York Stock Exchange. Employs more than 1,00,000 people in over 50 countries.  A career at Wipro means to learn and grow continuously, opportunities to work on the latest technologies alongside the finest minds in the industry, competitive sala...

Three Tips for Motivating Your Customer Service Team

Three Tips for Motivating Your Customer Service Team Scripting exactly what customer service employees should do in every situation drains the initiative out of even the most highly motivated workers ! But when you set up a system that enables you to trust your employees to exercise their own judgment and learn from their experience, they may well deliver a far better customer experience. (1) Establish guardrails !  People handling calls should understand where they have latitude and where they don’t. Within those guardrails, your team should be free to exercise judgment. (2) Seek feedback.  Ask customers for feedback after each transaction. Circulate the comments to team leaders so they can see where they’re succeeding, where they still have work to do, and what, specifically, your customers point out. (3)Coaching and support.  Free your supervisors and experienced customer care professionals from some tasks so they can devote...

Create a Work Environment That Encourages Employee Engagement

Create a Work Environment  That Encourages Employee Engagement Your Managers Are Key When You Want Engaged Employees BY  SUSAN M. HEATHFIELD Does your workplace encourage employee engagement? Probably not. But, it should. It's a powerful factor in your business success. Engaged employees are more productive, customer-focused, and profit-generating and employers are more likely to retain them. According to the Gallup organization, employee engagement is a necessary strategy for companies that want to succeed in the marketplace.  Employee engagement is not a Human Resources initiative that managers are reminded to do once a year. It's a key strategic initiative that drives employee performance, accomplishment, and continuous improvement all year long. It's the outcome from how your organization interacts with people to drive business results. Just as organizations cannot create employee empowerment, employee motivati...