Management Consulting is the practice of helping organizations to improve their performance. 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.
A Management Consultant works with clients on strategy, planning and problem solving, and helps clients develop business skills and knowledge.
Management Consultants are experts who are trained to solve complex problems, devise invaluable strategies and improve the financial and operational health of their clients' organization. Most companies hire Management Consultants for their industry insight, problem solving abilities and logical objectivity.
A Management Consultant works with company leadership to assess the company and identify problems, gather information, and implement solutions.
Review the business & identify the problems and challenges faced by the company.
Develop effective and sustainable growth strategies.
Make an action plan & provide support for successful implementation.
Monitor the progress & tweak strategies wherever required.
Achieve results & experience success.