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The Concept and Nature of Management Consultancy

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The Concept and Nature of Management Consultancy
Title: Developing a Consultant
Introduction:
A management consultancy can be defined, with regard to any business organization, as the process of providing with expert advice towards betterment of the organization such that higher value may be created for the organization. The main purpose of consultancy is to improve the performance of the organization as well as organizational members. While there are several methods that can be applied for this purpose, the most important role is that of the consultant’s who comes into direct communication with the organization and its members and provides with the necessary advices and recommendations for improvement (O’Mahoney and Markham 2013).
Management consultancy is one of the most essential and growing feature associated with business organizations. It is considered as most important for knowledge and growth of the firms. Consultants try to help organizations by translating principle ideas related to management and business practices thereby helping them to improve upon their performances (Sturdy et al 2009). I, being appointed as the trainee management consultant with one of the largest consultancy firms in the UK, would present in this report, an understanding of the concept and nature of management consultancy focusing on two broad aspects related to the process of consultancy, the role of the consultant discussing my strengths and needs for development for the purpose of consultancy, and presenting a plan for development of consultancy skills.
The Concept and Nature of Management Consultancy:
The process of consultancy has long been into existence. In relation to business organizations, the process mainly includes offering advices to business firms such that they can utilize their available resources and human labor towards more effective performance and achievement of organizational goals. Consultancy represents a source of guidance for the businesses. Particularly in the present times, business processes



References: Adams, S. and A.L. Zanzi (2011) Preparing Better Consultants: The Role of Academia. North Carolina: IAP. Anderson, D.L CMMI Consulting Delivery Model (2008) Cmmiconsulting. [Online]. Available at: http://www.cmmiconsulting.co.uk/cmmi-consulting/cmmi-consulting-delivery-model [Accessed 30 November 2013]. Crowther, D Eva, M., Hindle, K. and C. Rollaston (2010) Business Analysis. United Kingdom: BCS, The Chartered Institute. Jex, S.M Kolli, S. (2013) Management Consulting Essentials. New Jersey: Research & Education Assoc. O’Mahoney, J. and C. Markham (2013) Management Consultancy. Oxford: Oxford University Press. Sadler, P Sturdy, A. et al (2009) Management Consultancy: Boundaries and Knowledge in Action (Google eBook). Oxford: Oxford University Press. Tassoni, P Appendices Appendix A: Life Cycle Model of Management Consultancy (CMMI Consulting Delivery Model 2008).

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