1/1/2024 0 Comments Inform consultingBy doing an 80/20 estimation of the value of digital tools and whether the high-value opportunities lie in increasing revenue, decreasing cost, or both, the consultants can help ensure the entire management team is focused on the right problem. Part of the value consultants provide is quickly assessing the opportunities. Quicker transaction speed means less staff will be required in the beer tents and merchandise booths. The head of operations, on the other hand, wants to use digital tools to reduce costs. The head of marketing wants to use digital tools to increase revenue at each festival by making it easier for attendees to buy drinks and merchandise, and encouraging them to buy more. But management disagrees about what opportunities would be the best to pursue. Suppose Concert-mania knows it can do more to take advantage of digital tools than just make festivals cash free. Consulting firms look at M&A deals all the time, and by hiring consultants, a client can access this specialized expertise when needed. But mergers and acquisitions are high-impact business decisions that a client won’t want to get wrong. Because of this, it doesn’t make sense for them to have M&A experts on staff full-time. In addition, consultants can provide expert capabilities on topics that businesses rarely face.įor example, a manufacturing company might only consider a merger or acquisition once every 10 years. They can also leverage their firm’s collective knowledge to bring extensive industry and functional expertise to bear to solve the problem. ![]() They can lead the client through a fact-based analysis of their business problem and the evaluation of alternative courses of action. Why does anyone trust a doctor? Because they are experts in their field and have extensively studied the human body, the injuries and illnesses that can afflict it, medicines, and surgical procedures.Ĭonsultants, similarly, are business experts. Follow-up care: The consultant provides the client with a step-by-step process to improve their business results, much like a doctor provides a patient with the steps necessary to regain their health.Bedside manner: The consultant has the experience to steer a client to the right course of action as a doctor would advise a nervous patient.Prescription: The consultant recommends a course of action to improve revenues or meet a competitive threat, much like a doctor would tell their patient what’s wrong with them and prescribe medicine or recommend a medical procedure.Diagnosis: The consultant assesses the client’s business performance, taking into account similar problems they’ve seen at clients in the past, like a doctor would check their patient’s symptoms against known illnesses.They turn to a consultant for help getting to the root of the problem, as a sick patient would turn to a doctor. Assessment of symptoms: A client knows they’ve got a business problem (such as declining revenue or a new competitor in their market).Successful candidates will need to be able to confirm their right to work in the UK.There are multiple ways to answer the question “What is consulting?” To dig deeper, let’s continue with our analogy of consultants as doctors for businesses. To apply, send your CV, job reference and a short description of your relevant skills and experience to Further Information ![]() We are currently recruiting for the below roles: Junior Consultant 360 Recruitment Consultant Information Management & Information Governance Consultants Business Development Executives Job Interim Support Consultant Job Applying for a Role We are keen to hear from individuals considering either full time, part time or associate employment. If you would like to find out more, please contact us on 08456 80 40 47 or email at Current Opportunities Whether you have a background in Information Management, or otherwise, we’re always looking for professionals who share our passion.Īre you dedicated to delivering first-class customer service and helping customers achieve their goals? Interested in working in a thriving, dynamic environment, with enterprise clients and leading-edge projects? Take a look at our current opportunities and upload your CV. In-Form Consult are always keen to hear from talented individuals.
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