Description
Business consultants analyse the position, structure and processes of businesses and companies and offer services or advice to improve them. They research and identify business processes such as financial inefficiencies or employee management and devise strategical plans to overcome these difficulties. They work in external consulting firms where they provide an objective view on a business and or company's structure and methodological processes.
EssentialOptional
Theoretical Knowledge
operational researchmanagement systems standardsconsultation methodsmanagement consultingstrategic planningbusiness processesbusiness analysisquality standardsorganisational learningbusiness communicationtrading softwarebusiness lawbusiness process modellingbusiness intelligencefinancial statementsbusiness analyticshuman resource managementcorporate lawbusiness strategy conceptsmarket entry strategiesbusiness incubationorganisational policies
Practical Skills
analyse financial performance of a companyconduct qualitative researchanalyse the context of an organisationanalyse external factors of companiesadvise on personnel managementadvise on efficiency improvementsanalyse internal factors of companiesbuild business relationshipsanalyse business plansanalyse business processesadvise on financial mattersperform business analysisalign efforts towards business developmentinterpret financial statementsliaise with managersconduct quantitative researchmake strategic business decisionsanalyse business requirementsidentify undetected organisational needsapply change managementmake data-driven decisionsimplement a management systeminterview peopleseek innovation in current practicesadvise client on technical possibilitiesreport analysis resultsadvise on risk managementadvise on sustainability solutionsadvise on communication strategiesadvise on environmental risk management systemsidentify processes for re-engineeringdefine organisational standards