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A consulting firm or simply consultancy is a professional service firm that provides expertise and specialised labour for a fee, through the use of consultants.Consulting firms may have one employee or thousands; they may consult in a broad range of domains, for example, management, engineering, and so on.
Economic consulting is the practice of providing advanced economic, financial, and statistical analysis for use in litigation, regulatory, and commercial environments. Law firms, state institutions, and other organizations may rely on economic consultants to produce research, analyses, reports, and testimony to be used in trial.
The management consulting firms Stern Stewart, [12] Marakon Associates, [13] [14] and Alcar pioneered value-based management (VBM), or "managing for value", in the 1980s based on the academic work of Joel Stern, Bill Alberts, and Professor Alfred Rappaport. [15] Other consulting firms including McKinsey and BCG developed VBM approaches. [13]
Macroeconomics consulting firms (5 C, 32 P) A. Auditing (14 C, 46 P) C. Capital management (9 C, 17 P) F. Financial advisors (3 C, 59 P) Pages in category "Economics ...
Consulting is the activity or business of giving expert assistance on a particular subject, notably to other professionals but also to the consumer market. The following outline provides a general overview of consulting.
A business consultant (from Latin consultare, "to discuss") is a professional who provides professional or expert advice [1] or service in a particular area such as security (electronic or physical), management, accountancy, law, human resources, marketing (and public relations), financial control, engineering, science, digital transformation, exit planning or any of many other specialized fields.
If a management consultant is providing advice to a software firm that is struggling with employee morale, absenteeism and issues with resignation by managers and senior engineers, the consultant will probably spend a good deal of time at the client's office, interviewing staff, engineers, managers and executives, and observing work processes.
This list includes notable management consulting firms. 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.