Management consulting indicates both the industry of, and the practice of, helping organizations improve their performance, primarily through the analysis of existing business problems and development of plans for improvement. Organizations hire the services of Management Consultants for gaining external advice and for their awareness of industry "best practices“, which develops by virtue of interacting with numerous organizations. Management Consultants generally bring their own proprietary methodologies or frameworks to guide the identification of problems and for recommending more effective or efficient ways of performing business tasks.
Expert Approach
In the expert approach, the consultant takes the role of expert, and provides expert advice or assistance to the client.
Facilitative Approach
With a facilitative approach, the consultant focuses less on specific or technical expert knowledge, and more on the process of consultation itself. Because of this focus on process, a facilitative approach is also often referred to as 'process consulting,'
Management consulting has grown quickly, with growth rates of the industry exceeding 20% in the 1980s and 1990s. As a business service, consulting remains highly cyclical and linked to overall economic conditions. The consulting industry shrank during the 2001-2003 period, but has been experiencing slowly increasing growth since. In 2007, total global revenues for management consulting are expected to exceed the $300 billion mark.
Large, diversified organizations that offer a range of services, including information technology consulting, in addition to a strategy consulting practice - Accenture, Capgemini, Deloitte, IBM. Medium-sized information technology consultancies, that blend boutique style with some of the same services and technologies bigger players offer their clients. Management and strategic consulting specialists that offer primarily Strategy Consulting and Business Intelligence Models to any industries (e.g. Bain & Company, Booz & Company, McKinsey & Company, Arthur D. Little and The Boston Consulting Group). Boutique firms, often quite small, which have focused areas of consulting expertise in specific industries, functional areas or technologies.
1. McKinsey & Company (8.390) 2. The Boston Consulting Group (7.978) 3. Bain & Company (7.874) 4. Booz & Company (6.514) 5. Deloitte Consulting LLP (6.107) 6. Monitor Group (6.071) 7. PricewaterhouseCoopers (5.998) 8. Mercer LLC (5.947) 9. Ernst & Young LLP (5.914) 10. Oliver Wyman (5.860) 11. Accenture (5.711) 12. IBM Global Business Services (5.668) 13. KPMG (5.585) 14. Towers Perrin (5.535) 15. Alix Partners (5.529)
NODWIN Consultants
Earth-100 Biofuels
NODWIN Hospitality
Delicious Marketing
NODWIN Consultants Private Limited was incorporated in September 2005 and has since created a niche for itself in the field of value based consulting. The company’s services are based on the cornerstones of relationships, competence and value to the client. Very simply, NODWIN Consultants success is based upon the emphasis on placing their clients first. We believe in our company’s philosophy and aim to make Consulting, Simplified for you.
NODWIN provides a wide range of services to its clients covering the total life cycle of a business. It’s services can be broadly classified under: Investment Advisory
Mergers & Acquisitions, Development of business plans, Pre-valuation due diligence, Structuring of funds
Process Consulting
Strategic Consulting Mapping current company processes, Conducting benchmarking studies, Optimizing SOPs for a company, Primary Market surveys to ascertain Root Cause for failure
Business Ideation, New Business Ventures, Strategic Brainstorming and BPR
Summers Project will be a live project !!!
What will be my role?
Investment Advisory
Process Consulting
Strategic Consulting
New Business Ventures
Ideas Incubation Services
Bio Fuels
Strategic Consulting
Ideas Incubation Services
New Business Ventures
Bio Fuels
Steel
Hospitality
Bio Fuels
Healthcare
Telecom
Alcohol
Field of Work in NODWIN Consultants
Financial Sector
Management Consulting (Strategy)
2 Months… May 2010 & June 2010… Gurgaon…