Management consulting is the practice of helping organizations to improve their performance, operating primarily through the analysis of existing organizational problems and the development of plans for improvement. Organizations may draw upon the services of management consultants for a number of reasons, including gaining external (and presumably objective) advice and access to the consultants’ specialized expertise.
As a result of their exposure to, and relationships with numerous organizations, consulting firms are typically aware of industry “best practices.” However, the specific nature of situations under consideration may limit the ability to transfer such practices from one organization to another.
Consultancies may also provide organizational change management assistance, development of coaching skills, process analysis, technology implementation, strategy development, or operational improvement services. Management consultants often bring their own proprietary methodologies or frameworks to guide the identification of problems, and to serve as the basis for recommendations for more effective or efficient ways of performing work tasks.
Management consulting refers generally to the provision of business services, but there are numerous specialties such as information technology consulting, human resource consulting, virtual management consulting, legal management consulting, and others, many of which overlap, and most of which are offered by the larger diversified consultancies. So-called “boutique” consultancies, however, are smaller organizations focusing upon a few of such specialties.
At Account & Finance we offer our services to all firms operating in the Management Consulting sector. With our financial services your company will never have to worry about its finances because we can tailor a package suited to your needs that can covered anything from taxes and accounts to business advice and growth plans. We like to work with our clients to help them plan their business better and smarter with tax efficient policies so that you are always operating at the best level that you can. Our experience in finance coupled with your business policies will help your firm go a long way.