Management consulting refers to both the industry, and the practice of, helping organizations improve their performance, primarily through the thorough analysis of existing business problems and development of plans for improvement. Organizations hire the services of management consultants for a number of reasons, including, for example, to gain external and presumably more objective advice and recommendations, to gain access to the consultants' specialized expertise, or simply as temporary help during a one-time project, where the hiring of permanent employees is not required. Because of their exposure to and relationships with numerous organizations, consultancies are also said to be aware of industry 'best practices,' although the transferability of such practices from one organization to another is the subject of debate. Consultancies may also provide organizational change management assistance, development of coaching skills, technology implementation, strategy development, or operational improvement services. Management consultants generally bring their own, proprietary methodologies or frameworks to guide the identification of problems, and to serve as the basis for recommendations for more effective or efficient ways of performing business tasks.
Management consulting refers generally to the provision of business consulting services, but there are numerous specializations, such as information technology consulting, human resource consulting, and others, many of which overlap, and most of which are offered by the large diversified consultancies listed below. So-called 'boutique' consultancies, however, are smaller organizations specializing in one or a few of such specializations.
Management Consulting is becoming more prevalent in non-business related fields as well. As the need for professional and specialized advice grows, other industries such as government, quasi-government and not-for-profit agencies are turning to the same managerial principles that have helped the private sector for years.
One important and recent change in the industry has been the spin-off or separation of the consulting and the accounting units of the large diversified firms. For these firms, which began business as accounting firms, management consulting was a new extension to their business. But precipitated by a number of highly publicized scandals over accounting practices, such as the Enron scandal, accountancies began divestiture of their management consulting units, to more easily comply with tighter regulatory scrutiny that arose in the wake of the scandals.
Contents
1 History
2 Current state of the industry
3 Government consultants
3.1 United Kingdom
4 Rise of internal corporate consulting groups
5 Approaches
6 Criticism
7 Professional qualifications
8 See also
8.1 Areas of action of Consulting
8.2 Related Culture
8.3 Institutes
9 External links
10 References
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TECHNIP
Offshore field development
Subsea products
Pipelay and subsea construction
Subsea maintenance
Floating and fixed platforms
Subsea field decommissioning
Mooring services
Drilling and service applications
Onshore Field development
Gas treatment and liquefaction
Oil refining
Hydrogen - Syngas - GTL
Sulfur
Onshore pipelines
Petrochemicals (ethylene, aromatics, olefins, polymers)
Advanced systems engineering
Refining and onshore applications
Chemicals, pyrotechnics
Fertilizers
Life sciences
Agro-industries
Metals
Power generation
Cement
Manufacturing industries
Buildings
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Wednesday, February 20, 2008
Management lesson:
Johnny wanted to have s XX with a girl in his office, but she belonged to someone else...
One day, Johnny got so frustrated that he went up to her and said, 'I'll give you a $100 if you let me screw you. But the girl said NO.
Johnny said, 'I'll be fast. I'll throw the money on the floor, you bend down, and I'll be finished by the time you pick it up. '
She thought for a moment and said that she would have to consult her boyfriend... So she called her boyfriend and told him the story.
Her boyfriend says, 'Ask him for $200, pick up the money very fast, he won't even be able to get his pants down.'
So she agrees and accepts the proposal. Half an hour goes by, and the boyfriend is waiting for his girlfriend to call.
Finally, after 45 minutes, the boyfriend calls and asks what happened.
She responded, 'The b @ stard used coins!'
Management lesson: Always consider a business proposal in its entirety before agreeing to it and getting screwed!
One day, Johnny got so frustrated that he went up to her and said, 'I'll give you a $100 if you let me screw you. But the girl said NO.
Johnny said, 'I'll be fast. I'll throw the money on the floor, you bend down, and I'll be finished by the time you pick it up. '
She thought for a moment and said that she would have to consult her boyfriend... So she called her boyfriend and told him the story.
Her boyfriend says, 'Ask him for $200, pick up the money very fast, he won't even be able to get his pants down.'
So she agrees and accepts the proposal. Half an hour goes by, and the boyfriend is waiting for his girlfriend to call.
Finally, after 45 minutes, the boyfriend calls and asks what happened.
She responded, 'The b @ stard used coins!'
Management lesson: Always consider a business proposal in its entirety before agreeing to it and getting screwed!
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