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Encyclopedia > Business consulting

A business consultant is a person that provides support and information to assist in the running or future strategy of a business, generally in the form of project work. Top consulting firms include IBM Global Services, Deloitte Touche Tohmatsu, CPL Business Consultants and Accenture. Consulting services are sometimes bundled with hardware or software sales, in which the hardware and/or software is installed by a project team that also configures, customizes, and trains employees to use and maintain it. A project is a temporary endeavor undertaken to create a unique product or service. ... IBM Global Services is the worlds largest business and technology services provider. ... Deloitte Touche Tohmatsu (well known by its brand name Deloitte) is the second largest professional services firm in the world after PricewaterhouseCoopers and one of the Big Four auditors, a group of the largest international public accountancy firms. ... Accenture (NYSE: ACN) is a global management consulting, technology services and outsourcing company. ... Hardware is the general term that is used to describe physical artifacts of a technology. ... Computer software (or simply software) refers to one or more computer programs and data held in the storage of a computer for some purpose. ...

Contents


Types of consulting

Business process engineering

The reengineering of a company's structure or processes is a huge undertaking requiring expertise in industry practice, legal and regulatory requirements, employee management, and sometimes outsourcing. Human resources has at least two meanings depending on context. ... Paper shredding can be contracted out Outsourcing (or contracting out) is often defined as the delegation of non-core operations or jobs from internal production within a business to an external entity (such as a subcontractor) that specializes in that operation. ...


Marketing and sales

Redesigning marketing strategy or sales force processes is a difficult task that requires expertise in developing product development and advertising strategy and customer relationship management. It has been suggested that Product marketing be merged into this article or section. ... Generally speaking, advertising is the promotion of goods, services, companies and ideas, usually by an identified sponsor. ... Customer Relationship Management (CRM) includes the methodologies, strategies, software, and web-based capabilities that help an enterprise organize and manage customer relationships. ...


Software development and implementation

The customization and implementation of major software packages creates great stress on a company and requires expertise in choosing the software, acquiring the necessary hardware, performing the configuration and customization, and training users.


Travel

Most business consultants travel regularly to work with clients on project teams directly. This often requires weekly travel in which the consultants fly to the client location, stay in hotels, and work at the client site. In some cases, overseas travel is warranted or long-term stays or even relocation to be near the client site, depending on the nature and length of the project.


External links


  Results from FactBites:
 
Business intelligence - Wikipedia, the free encyclopedia (1341 words)
Persons involved in business intelligence processes may use application software and other technologies to gather, store, analyze, and provide access to data, and present that data in a simple, useful manner.
Businesses then lacked the computing resources to properly analyze the data, and often made business decisions primarily on the basis of intuition.
Business intelligence has now become the art of sieving through large amounts of data, extracting pertinent information, and turning that information into knowledge upon which actions can be taken.
Management, Scientific, and Technical Consulting Services (5832 words)
Consulting firms also might be asked to help determine the appropriate level of employer and employee contributions to health care and retirement plans.
Lawyers are employed in virtually all management, scientific, and technical consulting industries to represent their consulting firms in case of a lawsuit and to advise the firms, as well as clients, on changes in laws and regulations pertaining to their areas of expertise.
Consultants also must possess high ethical standards, because most consulting firms and clients will contact references and former clients to make sure that the quality of their work was of the highest standard.
  More results at FactBites »


 

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