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Management Consultants

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Management Consultants
What can individual management consultants or management consultancy as a profession contribute to the recover from current economic climate.

Introduction

• Definition ]

• Management consultant history development

• Possible contribution of management consultant

• Current economic climate, whats needed but organisations in the recovery

• What I am going to talk about in the essay – base of my argument

Paragraphs

• Globilization

• Technology

• Control of risk

• Business become lean

• Create jobs

Management consultant is a profession and a practice that helps organisations improve productivity and performance through the use of expertise and knowledge. Consultants have been viewed as external experts brought in to provide advice about a specific problem where internal managers are ill equipped or unsure of the best strategy or solution [Kubr, 199622. Consultants use analytical tool to produce organisations future objective and formulate strategic plan to achieve these goals. As pointed out by Rossi (2009) to create value consultants must be precise and creative in addressing problems organisation faces, proposing innovative solution and taking responsibility of implementation of the recommendations. In the current economic climate no organisation has been immune to the affects of the unstable economic climate. In this environment management consultant has become important due to the fact that a change in direction is required; consultants offer this change in a decisive way since they have an impartial opinion and an external view of organisation. As a result of the credit crunch the current economic climate is unpredictable, with high level of unemployment, high inflation and euro zone crisis; organisations have had to find innovative ways to stay competitive in their markets. This has resulted in organisations reducing the use of consultants as firms cancel or delay project in order to

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