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Management Consulting and Consulting Industry

Management consulting is the practice of helping organizations to improve their performance, primarily through the analysis of existing organizational problems and development of plans for improvement. Organizations may draw upon the services of management consultants for a number of reasons, including gaining external (and presumably objective) advice and access to the consultants' specialized expertise.

As a result of their exposure to and relationships with numerous organizations, consulting firms are also said to be aware of industry best practices, although the transferability of such practices from one organization to another may be limited by the specific nature of situation under consideration.

Elite Software Solutions as a consultancy provide organizational change management assistance, development of coaching skills, process analysis, technology implementation, strategy development, or operational improvement services. We offer our own proprietary methodologies or frameworks to guide the identification of problems, and to serve as the basis for recommendations for more effective or efficient ways of performing work tasks.

It seems like everyone these days is in management consulting  - strategy consultants, business consultants, technology consultants, IT consultants, marketing consultants, the list goes on and on.

It's a catch-all title for someone who gets paid to give their advice on particular subjects to companies.

Elite as Management Consultants have people who are generally:

1) Knowledgeable about the topic at hand

2) Well-connected within the industry

3) Have a reputation and/or brand (based on experience, publications, etc)

4) Effective communicators

Companies often face questions that they are incapable of answering or too busy to properly address. This is where Elite come in, armed with the above 4 traits, to help address precisely those questions.

We being analyst/associate (the focus of Management Consulted), our job is to do the grunt work necessary to answer client questions.

We provide a best solution using the following pieces of software:

1) Microsoft Powerpoint 2) Microsoft Excel 3) Email…lots and lots of email 4) Flash and much more described by web development.

It will typically include the following (with a more detailed post on this later):

1) Client meetings

2) Team (internal) meetings

3) Data gathering and analysis

4) PowerPoint slide creation

5) Conference calls

With all the above, our job is to come up with the most comprehensive, data-driven insights and answers that our clients don't already know . These will form the basis for recommendations that our team will provide, and from which our clients will (ideally) make changes to their business to result in one or more of the following:

•  Increased revenue

•  Reduced costs

•  Clear strategic direction (acquisitions/divestitures/partnerships)

•  Org design and the game plan for hiring and firing of employees

•  And so forth

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