Management is not related to the total amount of money spent, but to the wisdom employed when spending it. To manage well, you must know how to invest correctly in your “Project”. This expression is generally understood as being in possession of a systematic set of information designed to support an investment decision. Thus, this knowledge is the essential starting point of any business initiative, not being a description of investment per se, but an analysis with a view to ascertaining whether this is a valid bet a priori or not. The decision of any act in the management of a company is, above all, an object of analysis, existing in the double aspect of its elaboration, which allows, from the outset, to draw some conclusions and diagnose certain weaknesses. It is the analysis, which will determine whether or not it is worth proceeding with the completion of the project, whether or not we will make decision A or B.

In practice, Management Consulting includes a wide range of activities.

In practice, Management Consulting includes a wide range of activities. The way to categorize activities is done in terms of the professionals area of ​​specialization – such as competitive analysis, corporate strategy, operations management or human resources.

The fundamental objectives of the consultancy, we can organize them as follows:

1. Providing information to a customer.

2. Solve a customer’s problems.

3. Make a diagnosis, which may require a redefinition of the problem.

4. Make recommendations based on the diagnosis.

5. Assist in the implementation of the recommended solutions.

6. Build consensus and commitment around corrective action.

7. Facilitate customer learning – that is, teach customers how to solve similar problems in the future.

8. Permanently improve organizational effectiveness.

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