What does a consultant ? H elps clients solve complex business issues A nalyzes existing business problems D evelops plans for improvement and growth
Types of Consulting:
Strategy : help clients improve profitability lunch a new product enter a new market merge or acquire another company implement a plan for growth Human Resources : organizational restructuring employee schemes and company policy IT Consulting : reviewing technology infrastructure implementing new software solutions designing programs and systems analysis and design
Economic/ Financial: Forecasting growth Risk analysis and budgeting Marketing: Undertaking market research Implementing new sales tactics Reorganization of distribution channels Outsourcing: Research into effect of outsourcing industry functions such as IT of HR
A day in the life of a consultant
Training & Qualifications Certified Management Consultant (CMC) Accountancy qualifications such as: Chartered Management Accountant (CIMA) Chartered Certified Accountant (ACCA) Certified Management Accountant (CMA) Chartered Accountant (CA) * you will usually start of by undertaking a series of short term projects when you join; giving you maximum exposure to clients which is considered the best way to learn.
Career Development Consultants follow a range of career paths. Many remain in the industry, often specialising in a particular area such as Financial institutions, Oil & Gas, Aerospace or Retail. Some move to Fortune 500 companies Set up their own business or even freelance themselves as an individual consultant .