Why are they Best Consulting Firms?
“Consulting firms are specialized service providers in management and business solutions by analyzing and interpreting the current business problems and planning strategies to eradicate all flaws to ensure smooth running of the business”. These firms are well known to contract out their talent, expertise and entrepreneur skills for the benefit of the company which hires them. These firms are said to have knowledge of the best trends in the industry and never interrelate or open information and secrets of companies whom they have worked or with whom they are working now. Some of the best consulting firms in the business today come under the category of Information technology consulting firms and Management consulting firms.
Each consulting firms has their own set of techniques and employees a large number of skilled and talented people ranging from account, finance, marketing, management, IT, and such related fields. The credibility of best consulting firm is dependent upon the no of employees they have and their education and experience, although a fresher can also leave his impact by implementing some of the out of the world action plans. Often these firms assign a consultant on specific project who analyses the root cause of the problem and rectifies it after consulting the concerned authorities and his company management. Often the Board of Directors of the concerned company has to be involved in such planning. The eradication of problem may involve analyzing supply chain and Customer Relation Management (CRM) and after that planning and implementation is done and if required training in conducted until it gives satisfactory results.
There are large consultancies which offer services ranging from Information technology consulting, Human resource consulting, virtual management and some of the smaller firms which are specialized in some specific categories. These small firms are called as ‘Boutique consultancy firms’. The remuneration of these consulting firms depend on three basic factors based on time and effort, based in results delivered and combination of both, usually the difference never exceeds 20-30%.
Unlike small consulting firms the best consulting firms like to keep an updated profile in the eye of corporate industries by exceeding the client requirements and expectations. These firms thrive for excellence and success to maintain a good track record which will eventually help them get good clientele. The website and testimonials of these firms are always updated and the results they have acquired while serving their previous clients. You can clearly make out the difference between a best consulting firm and regular consulting firm just by calling them, the gratitude and the politeness which you will experience in top firms is quietly noticeable.
Some of the consulting firms have gone international by establishing their offices in selected cities all over the world. These firms often provide services ranging from finance, information technology and management. They have taken immense pains to build an international reputation, customer base and sufficient skilled staff. They provide different business solutions but on higher hourly rates than cost. The credibility of the employees if always measured by their degrees which includes internationally recognized degrees, accountancy, Engineering, Actuarial, Finance and consulting qualifications. Business and Project administration, marketing degrees and advanced professional degrees. Some of the best consulting firms can be enumerated as A.T. Kearney, Accenture, Bain and Company, the Boston Consulting Group, Capgemini Consulting, Deloitte Consulting, IBM Global business services, Tecnova India and many more.
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