A Brief History Of Management Consulting

When working with case two and three focused on the human and the political perspective of management consulting, respectively, the value of identifying the power base and understanding the patterns of dependence and interdependence within the client organization became evident. Case three particularly called for an understanding of the political and human factors, since the presentation was intended for the actual client and not for the consulting mentor as was the case in the second assignment.

major questions I am going to answer for the readers are: What is a management analyst? What

Consultants usually have a high level of expertise on a topic and have a method that has been proven to create change, an “answer”. If I was a consultant, I would provide you the method and you would follow the steps on your own (Lowman, R. L.,2007). Sam is a CEO of a retailer that sells home goods. Sam has been in the position for 3 years and believes he’s still learning. His first year the company was growing and they had a high profitability. Currently they are not growing and profitability is at a low. The retailer has 20 locations across Arizona, which is a large presence. Sam has been attempting to find a solution to his issue for 2 years now and nothing has changed. Sam has been trying to find out what the cause is for the low profitability is and trying to come up with a resolution for it, but hasn’t had any luck. The best fit to help Sam is a consultant. Sam could find a consultant that has expertise in company growth and high profitability. They would go in and assess the situation and find the what and the how. What is causing the problem and how can we fix it. They would provide Sam with a guide and he would follow it.

This paper discusses the creation of "Just in Time Consulting" and explains the types of services the firm offers to clients. It also explains the roles/responsibilities of each member of the team, and analyzes which University of Phoenix courses helped in the creation of the consulting firm.

As a management consultant you make a living by providing management advice to senior level managers with regard to management problems that they are experiencing within their organization. Your role is to analyze the situation and then apply your experience,

The Big Four are some of the largest firms that offer a variety of professional service’s that range from audits, tax, consulting, amongst other professional offerings. The Big Four didn’t always start that way; they started as the Big Eight which was comprised of Arthur Anderson, Arthur Young & Co, Touche Ross, Price Waterhouse, Deloitte Haskins & Sells, Ernst & Whinney, Coopers & Lybrand, and Peat Marwick Mitchell. These firms over the years had some much rivalry amongst each other that two firms merged. So around the 1980’s & 1990’s the Big Eight became the Big Six when Ernst & Whinney joined Arthur Young to establish Ernst & Young, and Touche Ross merged with Deloitte Haskins & Sells to become Deloitte & Touche. Then in summer of 1988 there was another merger of firms which gave birth to Price Waterhouse Coopers when Cooper & Lybrand joined Price Waterhouse, which at this time they were all known as the Big Five. Last but not least with the entire Enron scandal which Arthur Anderson were the auditors were found guilty of document shredding they ended up being sold in bits and pieces to the other firms which are now known by the Big Four.

The “Chris Peterson at DSS Consulting” case discusses the events that took place during a structural change of the organization. DSS consulting was established in the late 1990’s three school district administrators, who had already retired. The main purpose of the company was to offer administrative support services to small school districts in Mountain West and Mid-West regions. The main areas of specialization included handling labor agreement negotiations and the implementation of solutions to permanent systems to enable smooth and efficient running of operations in the organizations. DSS Consulting experienced

Consulting is currently not well defined; however, it may refer to as giving advice to companies provided by trained professionals who help managers solve operational and strategic problems through the use of their knowledge and systematic analysis of facts and

In many cases, clients are disappointed with the end result from consulting firm. Many have referred to it as ‘delivering empty promises’ when consultants conclude the project by providing insight that simply states the obvious needs. Clients are furthered dissatisfied when they learn that consulting firms are using ‘blanket solutions’ rather than custom. “Many begin to demand pricing based on the outcome of the engagements rather than the amount of consultant effort put into them. By productizing their business models and frameworks, consultants can better provide repeatable, trackable solutions to specific client problems. The focus thus lies less on the expertise of the consultants conducting the engagement and more on the outcome of the engagement itself”(Blacklock,

The need for this type of consulting firms is basically practical methods. It is designed to ensure that the results of the action are well developing for the organization client or customers in the organization. It has to do with the clients financial expectations the operational capability, the strategic interest and the long term shareholder interests. The need for use of a strategic firm to a business is the success of avoiding of risk, communication, a measurement that is able to determine if the needs have been met. The strategic firm¡¦s

Jenkins wondered why if the actual number of consultants was nearly 8% higher than budgeted (see Exhibit 2), revenues had increased only 1%. Were consultants becoming less productive? She knew that a key operating statistic for consulting organizations was the percentage of time billed.

Abstract- Tata Group, was founded by Jamsetji Tata in 1868 this group is India’s most respected institutions today. Tata Sons Limited holds major share of Tata Group which is a conglomerate. In this study we will look into how Tata Consultancy Service Ltd which is one of its conglomerate has risen to be one of the best in India.

As stated on our website www.mercer.com from the “Solutions” tab under “Human Capital”, “Our Human Capital business provides consulting services to almost 50% of the Fortune 100 companies and over 4% of the Fortune 500. We also include a high percentage of the leading companies in Europe, Asia, Latin America, and Australia, among our strong global client base.” What consultants contribute to the success of Mercer in this area is actually delivering the consulting services mentioned above. To do so they must know the companies that they are consulting for inside-out.

The following decade, McKinsey experienced slower growth due to competition from BCG as well as the overall economic and social environment in Europe and the US. This led the firm to realize the need for knowledge management, client impact, and developing multiple career paths for the firm's consultants to create growth in the future. As the company made these changes, it increased their capacity to support the strategic objective of changing McKinsey into a firm focused more on clientele services.

The first cultural change was that Andersen embarked on a path that valued consulting service which charged hefty fees ahead of auditing in 1990s. Compared to its original major service, auditing that required accountants to insist independence of judgment, consulting should cater to clients’ requirements and fix problems from client’s perspectives. The situation that two roles mixed in Andersen made top managers decide to sell more consulting service which earned higher profits.