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Management consulting could be classified into two categories: [citation needed] General management consulting, which concerns strategy, corporate finance, organization, environmental social and corporate governance, risk and compliance, and so forth. It entails questions that are relevant to the entirety of the client organization as a whole ...
The standard offers practical guidelines to both clients and management consultants to ensure both parties are clear on what is required for an effective and efficient consultancy process, the objectives and their respective responsibilities. [2] The standard was developed by ISO project committee ISO/PC 280. [3]
Professional buyers of management consultancy worldwide specify that the key requirements of a management consultancy are in ascending order of priority: Knowledge (of management, the function, the sector, the general economy, the processes and the business professions), skills (analytic and inter-personal), competence (the ability to manage ...
According to Institute of Management Consultants USA, "The value of a consultant [as compared to a subject-matter expert (SME)] [11] [12] [13] is to be able to correctly diagnose and effectively transform an often ill-defined problem and apply information, resources and processes to create a workable and usable solution.
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.
Certified management consultant" (CMC) [1] is an international professional certification established in 1967 for management consulting professionals, awarded by institutes in 50 countries (as of February 2014). [2] The CMC enjoys global reciprocity; consultants certified in one country are recognized in most other countries.
In the consulting segment, fourth quarter revenue was $2.4 billion, up 6% on both a GAAP and underlying basis. Consulting operating income was $466 million, and adjusted operating income was $484 ...
The Institute of Management Consultants USA (IMC USA) is a professional association and the sole certifying body for individual management consultants in the United States. It awards the Certified Management Consultant (CMC) as an evidence of professional consulting experience, technical competence, client satisfaction and adherence to rigorous ...