The importance of business consulting

In simple terms, consulting is advice on how to improve the customer’s business and earn more by spending less.

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The range of problems solved by consulting is quite wide, and the specialization of companies providing consulting services can be different. Each specialist (or each company) working in this field, invests the concept of consulting own meaning and gives it its shade, determined by the direction of activity of a particular company.

What does it mean?

The most important and most time-consuming and intellectually intensive branch of intellectual entrepreneurship is consulting. Consulting means applying the consultant’s knowledge to a specific situation and aims to change this situation. Therefore, consulting is a transformational element in the new economy.

The consultant receives the necessary information about the company; reveals the knowledge of the management and employees of the company, using for this own knowledge about what information and knowledge are needed to assess the situation; what “places” in the company to look at and what exactly needs to be identified; how it can be identified and measured. And then it analyzes the information received, using its analytical apparatus, using the information received and its own explicit and implicit knowledge, including intuition, horizons, experience, i.e. a wide range of what can be included in the content of the concept of “consultant knowledge” gives recommendations on how to achieve the desired result, or helps the client achieve the goal.

When do clients turn to a consulting company for help?

Firstly, when an enterprise having the status of a reliable one is planning a restructuring of the entire system associated with either expansion or a change in the form of ownership, or a radical change in the spectrum of the enterprise’s activity.

Secondly, when an enterprise having the status of a reliable one, to establish its position in the market and create the necessary image in the eyes of potential partners, turns to the services of a consultant (for example, an auditor), conducts an audit of its activities (for example, an audit) and then makes its results public.

Thirdly, when a company is in a critical situation and is unable to get out of this situation on its own due to the lack of experience and internal resources for an adequate and timely response to the situation.

Consulting can be carried out in the following forms:

  • analytical activity
  • forecasting
  • consultation
  • audit of client activity

Participation in the client’s activities (strategic planning, solving a set of problems related to the organization of management, development, and implementation of information systems, etc.).

The most common types of consulting services:

  • Consulting in the field of taxation and legal services.
  • Audit, accounting, reporting, and auditing activities.
  • Management Consulting.

Depending on the goals the customer faces regarding the use of information technology, existing systems, and technical means, IT specialists will conduct a detailed audit in the area of interest. The audit results will allow the customer to assess the degree of IT compliance with the needs of the business, the effectiveness and feasibility of investments in IT, the adequacy of resource support in IT, etc.

IT consultants with significant practical experience in the field of IT consulting will help to solve many problems facing the heads of organizations, companies, and enterprises:

  • assessment of the compliance of the systems operating at the enterprise with the specifics and needs of the business;
  • organization of an effective IT management structure;
  • building the optimal architecture of corporate information systems, computing, and telecommunications infrastructure;
  • assessment of the volume and effectiveness of investments in IT needs of the organization;
  • selection of IT solutions that are most appropriate to the tasks of the enterprise.

A clear understanding of the current state and potential needs of the IT management system allows us to successfully offer customers effective solutions in areas such as IT service management, software, and IT asset management, organizational change in IT management, business continuity management IT support.


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