Essay on Management Consulting

“At EY, we are committed to building a better working world – one with increased trust and confidence in business, sustainable growth, development of talent in all its forms, and greater collaboration” . This mindset has made EY the world leader in providing services in assurance, tax, transaction and advisory.

Strong efficiency helps the company to grow and prosperous in the IT service industry. Cap Gemini follows its path of having strong efficiency by having strong customer base and significant market position. Cap Gemini’s major strength includes offerings broad services portfolio. Cap Gemini believes in “People matter, Results count” (Cap Gemini, 2016) which made the company avoid losing the clients. Operating in more than 40 countries has made the company globally recognized in the international market. Strength includes significance presence in public and energy sector makes Cap Gemini achieves optimal efficiency by global delivery of quality, efficient, talent and collaboration.

Addison Bank was less concerned with technical issues, but rather required focus on the business architecture. The chosen vendor would need a solid technical background in addition to strong business strategy experience that could be applied in a technical environment. Deloitte had the expertise that Addison Bank’s CCG looking for.

Ernst & Young is one of the world's leading professional services organizations. It helps companies across the globe to identify and capitalize on business opportunities. They deliver the value that clients care about, provide ideas and solutions tailored to meet clients' needs and produce tangible results. Ernst & Young's depth and breadth of service and our global reach mean that anywhere in the world, we have the resources to serve any client.

When outsourcing is done for the right reasons will actually help your company grow and save money and hence the advantages;

Various previous studies viewed outsourcing concept and have tried to explain its fact including challenges, risks, motivation, and determinates. Where, the decision of outsourcing is usually seen as logical and rational decision by senior management with prediction to gain various benefits and avoid the expected risks. So, both side of outsourcing should be noticed and taken into considerations when deciding to take any outsourcing decision, below explanation of these opportunities as well as risks associated with IT outsourcing, according to (Kremis, 2006; Mui, 2003; sell et al., 2004):

My Company “PANTHER INDUSTRY” propose to combine their individual corporate experience and capabilities to provide the quality of services to the your needs. My entire Team recognizes the challenges involved in this contract, and we are committed to providing your organization with high-quality service while at the same time providing the continuity of in-place, experienced staff and examines your needs to the core to serve you best by reducing the risks

Our highly trained and experienced team can take care of all your finances – we will help you and your business keep on top of any issues regarding your finances, trends, and advancements – simplifying the accounting and taxation process and maximising your profits.

CSI has developed multi-layered partnering programs which can offer clients noticeable business value. This global “ecosystem” of partners includes enrollment integration, banking technology, HR software solutions, as well as service providers that provide a range of consulting, resale, outsourcing, HR services, and technology which grants our clients access to a comprehensive collaboration strategy.

Genpact are neither technology oriented nor management consulting firm. Their focus is on development of business processes and operations which can impact the volatility of market and experience of client. Hence the innovation strategy of Genpact leverages on a unique combination of process expertise, analytics and technology to improvise outcomes and intellectual decision making. They focus on the end result rather than the means, with agile and pragmatic innovations.

Because of the rising cost of information systems functions in some firms, managers are finding ways on how to control these costs and are considering Information Technology as a capital expenditures/investments rather than as an operating cost of the firm. Controlling these costs by outsourcing are one of the options because some firms considered this option as cost effective than to maintain their own computer centre and information systems staff. Another concept of outsourcing IT systems is, to pay only for what it uses meaning the company will pay only the outsourcing partner according to the extent of computer processing that they needed rather than to build their own computer centre and not utilized or it is underutilized when there is no peak load. Some firms also outsourced because their information systems personnel can’t cope up with the rapid change of technology. But not all firms may have benefited from outsourcing, there are also disadvantages of outsourcing that a firm must carefully consider which may or can create serious problems for the company if they are not well understood, managed and taken for granted. Below are some of the most popular advantages and disadvantages of Computer Information Systems and Hardware

and BCG, niche consulting firms like Accenture and IBM, immediate peers Ernst & Young, PWC and KPMG.

Deloitte Consulting is one of the largest and most diversified consulting services operating in the United States and major metropolitan centers globally. Deloitte's mission statement is to assist is clients and employees excel (Sidney, 2010). Audit & Enterprise Risk Management Services, Financial Advisory Services, Tax, Deloitte Growth Enterprise Services in addition to fourteen other services comprise the company's portfolio (Sidney, 2010). Deloitte is a world leader in enterprise tax management, risk management and regulatory compliance, in addition to strategic planning for operations, technology adoption and human resources as well. Deloitte is also adept at managing outsourcing consulting across its many business units, a core competency that has given the company formidable competitive depth relative to competitors including Accenture, KPMG, McKinsey & Company and PriceWaterhouse Coopers (PWC). In the last decade Deloitte has practices in twenty different industries, ranging from aerospace and defense, automotive and banking & securities to Oil & Gas, retail and distribution, technology and travel, hospitality and leisure (Sidney, 2010). Deloitte relies on its partners in each of these practice areas to coordinate business-based and technology-related solutions to customers' problems. Often this includes the coordination of large scale project teams where there is the need for extensive cross-functional expertise to solve a

Technology has impacted everyone’s life, and this is one of the reasons why many chose to invest in the services of management consulting to improve organizational efficiency and effectiveness. This industry was historically founded in the year 1986 but it becomes popular after the emergence of IT industry. At present the industry has more than 15 big companies operating all over USA and in the New York region.

Acritas’ Global Elite Brand Index 2014 is compiled from 1185 interviews with individuals who have senior responsibility for buying legal services. The Brand Index score is determined through four questions to find out the first law firms to come to mind, firms most considered for multi-jurisdictional deals, firms they feel most favorable towards and firms most considered for multi-jurisdictional litigation. The index score therefore incorporates two of the brand equity elements of awareness and loyalty.