| Business consulting is both the industry, and practice, | | | | relationships with customers. |
| of helping companies better their performance, by | | | | - Pricing Strategy - Develop pricing strategies that |
| first analyzing organizational challenges and then | | | | yield positive consumer behavior and business growth. |
| developing action plans for improvement. Most | | | | - Service Model Definition - Describe rationale of how |
| privately held companies usually hire business | | | | a company creates, delivers, and captures value in |
| consultants for their objective advice on corporate | | | | terms of output quality, operating cost, and timeliness |
| matters. Consulting firms leverage on their exposure | | | | of delivery. |
| to various industries and organizations that gave | | | | - Technology Change Management - Analyze the |
| them access to industry "best practices". | | | | status-quo (company operations and employee |
| Today, they provide solutions whenever business | | | | culture), visualize all possible changes to be made, |
| owners and managers are confronted with big issues | | | | correct various problems that may arise during |
| related to profit maximization, talent acquisition and | | | | transition, and create a practical execution plan for |
| retention, technology change, process improvement, | | | | the new system. |
| and other cosmic organizational matters. They use a | | | | - Process Improvement - Study current work |
| tried-and-tested model to identify current challenges | | | | processes, identify and eliminate steps that add little |
| in any of these areas and come up with corrective | | | | or no value to business objectives, and add control |
| and preventive measures to address those. | | | | points to protect companies assets and comply with |
| In recent years, it is not only private companies that | | | | local regulations. Outsource service consultants and |
| uses outsource services for business consulting. | | | | business managers need to align all process |
| Some government and non-government organizations | | | | improvement initiatives with the companies mission, |
| aiming to streamline their operations, adopt new | | | | vision, and service model definition. |
| technology, or retain talents have tapped business | | | | - Leadership and Organizational Development - Design |
| consultants for help as well. | | | | leadership and talent development programs to |
| Skills / Qualifications: | | | | prepare young and next-in-line managers for bigger |
| What are you looking for in a business consulting | | | | and more strategic management roles in the |
| service provider? The following are just some of the | | | | organization. |
| big matters that business owners/managers expect | | | | - Culture Transformation - Create and promote |
| their outsource service consultants to address. | | | | programs that advocate high-performance culture to |
| Depending on the consulting firm or consultants | | | | increase productivity and employee satisfaction in the |
| specialization, the scope of work could be more or | | | | workplace |
| less than whats listed down: | | | | - Public Relations and Corporate Social Responsibility - |
| - Business Mission, Vision, and Value Proposition - | | | | Initiate special projects, aligned with fundamental |
| Develop values, founding principles, and strategic | | | | drivers of business value, to give back to the |
| philosophies to guide the company towards | | | | community. Once you have found an outsource |
| productivity, profitability, and sustainability. | | | | service provider that suits your business model, it is |
| - Strategic Sales and Marketing Transformation - | | | | then time to institute measures into your business |
| Review and transform company sales and marketing | | | | that can maintain and nurture the new business |
| strategies to build stronger and mutually beneficial | | | | relationship. |