management consultant


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management consultant

a person or firm which specializes in advising companies and other organizations on matters relating to their business strategy, organizational structure and the management of operations in functional areas such as marketing and production. Management consultants are employed to examine a company's current business practices and management, with a view to making recommendations for change aimed at improving efficiency and profitability. Unlike ‘insiders’, often with a vested interest in maintaining the status quo, the use of an independent team of consultants can provide an objective and detached assessment of what a firm needs to do in order to strengthen its organization.
References in periodicals archive ?
If Stewart, Hari, Craig and co are right it could be that, rather than simply saving three quarters of their outlay by using the services of a local management consultant instead of an international one, local companies would do better saving 100 percent of the outlay by ditching them altogether.
But the main reason for wincing is because Dr Miller's comments suggest a fundamental misunderstanding about how to get the best out of management consultants.
An investment management consultant can help a company find the right plan provider and save money.
Occasionally, there are situations where hiring a management consultant may not be the best course of action.
The board's response revealed that the five former North Wales local health boards routinely used management consultants in the development and design of primary care estates strategies, in the establishment of the out of hours service and in a review of community hospitals.
OUTLOOK: Expect the schedules of management consultants to become even busier as both corporate America and the government rely on such expertise to improve the performance of their organizations.
Equally enlightening are programs sponsored by other professional organizations, such as the Electronic Data Processing Auditors Foundation, the Data-Tech Institute, the American Management Association and the Institute of Management Consultants.
Each of the state will be supported through a project management consultant.
HBI) is pleased to announce the appointment of Zima Hartz to the position of Senior Management Consultant.
Crawford Shaw, 69, has been an international lawyer, financier and management consultant in the past thirty years.
M2 EQUITYBITES-November 7, 2017-West Monroe Partners Acquires CAST Management Consultants

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