What is management consultancy? by Chris Owen https://padlet.com/c_owen1/zhyua2rb9feipyt1 Please add your comments en-us 2022-05-11 16:20:34 UTC 2025-10-15 10:25:19 UTC hello@padlet.com What is management consultancy? c_owen1 https://padlet.com/c_owen1/zhyua2rb9feipyt1/wish/2179728836 2022-05-11 16:21:46 UTC https://padlet.com/c_owen1/zhyua2rb9feipyt1/wish/2179728836 What do management consultants do? c_owen1 https://padlet.com/c_owen1/zhyua2rb9feipyt1/wish/2179729530 What kinds of problems do clients use consultants for?]]> 2022-05-11 16:22:04 UTC https://padlet.com/c_owen1/zhyua2rb9feipyt1/wish/2179729530 Why do clients use external experts? c_owen1 https://padlet.com/c_owen1/zhyua2rb9feipyt1/wish/2179730096 2022-05-11 16:22:24 UTC https://padlet.com/c_owen1/zhyua2rb9feipyt1/wish/2179730096 Do they represent value for money? c_owen1 https://padlet.com/c_owen1/zhyua2rb9feipyt1/wish/2179732665 2022-05-11 16:23:48 UTC https://padlet.com/c_owen1/zhyua2rb9feipyt1/wish/2179732665 Group 2 https://padlet.com/c_owen1/zhyua2rb9feipyt1/wish/2585964166 What is MC?
Consultancy that focuses on providing managers advice on solving business challenges.

What do MC do? 
Help businesses to identify potential opportunities to improve elements such as profitability, performance and improve their overall competitive advantage.

Why do clients use external experts?
Allows them to 'tap' into specific areas of expertise such as Technology or any other areas that are new to the business. 

Do they represent good value for money? 
Value is often dependent on the client choosing the right consultant / consultancy for the right project. Consultant can only give recommendations, however the manager do not have to implement them, therefore the work done by consultants could lead to nothing. ]]> 2023-05-10 18:47:19 UTC https://padlet.com/c_owen1/zhyua2rb9feipyt1/wish/2585964166 Group 1 - Management consultancy - what is it? What do they do?. Why clients use them? and why the represent value for money? https://padlet.com/c_owen1/zhyua2rb9feipyt1/wish/2585964948 - Solving management problems, when they do not know how to approach a problem
- When the topic is complex, or too sensitive, or related to strategy. 
- IT and digital development and strategy, digital transformation.
- Conflict dealing in relation to human resources, for example, or difficult situations like divestments or M&A.
- They don't always represent value for money. Sometimes difficult to justify their expense. 
- Third party independent, keep perspective

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