MANAGING in the

NEW WORLD

Questions are often posed as to the actual contribution of management consulting as a profession. Amarket researchfirm headquartered in London recently noted that the industry was worth more than US$ 40 million in 2014 alone. However some reasons exist which support the validity of this line’s contributions. Client feedback is more often than not positive especially if it is centred around coaching orcorporate training. The challenge exists because no specific certification exists to qualify one as a consultant, there are few barriers to entry and thus the ones who succeed need to generate value. There are those who question the validity of the consultant’s ‘solutions’ and feel they do little more than frame the problem properly.  Ultimately, the truly conscientious consultant knows his/ her firm’s worth as trusted advisor and will not let this image be tarnished by falsified reports.

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