So, what is Management Consulting, exactly?

Management Consulting focuses on the core aspects of a business – how it works, its strategy, structure, management and operations. Consulting firms focus on advising companies the best ways to manage and operate their business, advising on concepts such as business strategy, operational techniques, time management and various others, depending on the specific needs of a company.

Why do businesses use them?

Businesses work with management consultants to improve their performance, receiving expert advice to solve problems and encourage growth. Consultants work with businesses across a wide range of sectors, also working with public sector organisations to help develop their services and, where necessary, reduce costs and increase savings.

Why should you hire one?

Companies often need external opinions, especially when making tough decisions. In many cases, businesses have their own perspective on how to solve the problem they are facing but want to ensure that what their final decision is the right way forward (or that they aren’t so involved with the challenge that they’re missing the obvious answer). So, they hire consultants to come in and provide their own opinion.

But – this isn’t just an opinion: consultants work with a diverse set of companies and may have worked through a similar problem in the past, meaning they can genuinely provide a standpoint based on what they’ve seen work, or not, before. Given this experience, they can often bring fresh and innovative ideas to the table that businesses may not have considered before.

Filling the gaps

From time to time companies come up against challenges that need urgent solving but don’t have the manpower to confront. In these instances, they have no choice but to focus on their day-to-day operations, and hiring new employees to fill the gaps doesn’t always make sense either, from both a financial, to a long-term outlook.

In situations like this, consultants basically serve as temporary, highly skilled employees. Businesses have the benefit of utilizing these skills without having to hire anyone on a permanent, full-time basis, making it a cost-effective and strategic move. Because consultants move around companies often, they are accustomed to the fast learning curve, and onboarding is much easier. Notwithstanding, by using consultants, companies don’t have to pull their employees away from their actual jobs. It’s a win-win for all.

In the end

Management consultants provide companies with a fresh approach, innovative problem-solving techniques and most of all, a cost-effective solution to fill in the gaps. Grow your company, improve your performance and save money – hire a consulting firm today!

Are you looking to grow your company or improve your business performance?
Then 
PTES Consulting (Pty) Ltd is the firm for you! Get in touch with us to see how we can grow your organisation today.