Management consultants are mainly concerned with the structure, strategy, management and operations of a firm. They propose recommendations for change and will identify options for the organization, in addition to advising on added resources to implement solutions.
The business consultant manager will work across wide array of services, including-
- Supply chain management
- E-business
- Information technology
- Human Resources
- Financial and management controls
- Marketing
- Business strategy
Consultancy firms range from small niche enterprises that offer specialist skills and expertise in certain industry areas, to larger companies that provide end-to-end solutions.
Standard work activities
The day-to-day activities of business consultant manager will vary depending on the type of project and client, such activities are often complex in nature. Others may have the big team while you work alone and could be across various sites or based on one location.
Job duties of new graduate recruit as business consultants
- Preparing business proposals and presentations
- Facilitating workshops and running focus groups
- Management of stakeholders and team members, interviewing the client's employee
- Carrying out research and data collection to comprehend the firm
- Conducting analysis
- Typically, new recruits spend a lot of their time on client's site.
- Job responsibilities of senior and experienced business consulting managers
- Presenting findings and recommendations to clients
- Managing projects and programs
- Liaising with client to keep them informed of development and make pertinent decisions
- Identifying issues and develop hypothesis and solutions
- Implementing solutions and recommendations and ensuring the client receives the required assistance to carry it out
- Managing and leading those within the team, including analysts
Companies and individuals use consulting firms as their strategy and content specialists. Whether you are a star attempting to reconstruct your brand or a business navigating the bid procedure to obtain governmental work, occasionally you need external resources. Advisors bring expertise and their knowledge of a particular sector to the forefront as they provide tactical answers of their customers and evaluate business problems.
After the consulting firm has figured out what is happening with its customer, it then provides some potential remedies and a strategy. A client may hire a marketing advisor to consider what went wrong if a fresh merchandise was launched in the market with the lackluster answer. Business consulting Manager that are more broadly focused might look at risk analysis, cost management, human resource allocation and business plans to supply management alternatives to the client's exclusive issue. The consulting firm's duty will be to identify problems and convey conceivable solutions.
Business consulting manager salary
- The average salary of business analyst in India is somewhere around 1,654,185 INR.
- The average basic salary is between 800,038 INR and 2,564,573 INR
- The bonus varies between 25, 532 INR and 453,018 INR
- Profit sharing (if applicable) varies between 2, 50,000 approximately
- Total salary of business analyst in healthcare varies between 820,779 INR and 2,894,828 INR (Source: payscale.com)
Source : articlesbase.com
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