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Business Consulting - Why Companies Use Consultants PDF Print E-mail
Written by Linda Hurley   

Business ConsultingConsultants can be a useful and cost effective resource for companies. They meet short term needs for specific expertise without the associated complexities and regulatory requirements of an employment relationship. There are three general reasons why companies hire consultants.

A need for expertise

There are situations that arise where companies do not have the in-house expertise required for a specific undertaking. It is usually an activity that will not be required to be performed on an ongoing basis and therefore does not require an employee to be engaged.

For example a business that has outgrown its rented premises may decide to construct its own new premises. In this situation a company may decide to use a consultant to manage the construction project. Rather than employing a project manager they can have the project completed without incurring the expense of a continuing employee.

A company may also use a consultant where there is a continuing need for the expertise but it is not present within the organization currently. In this situation a company may use a consultant to meet both the immediate need for expertise and to transfer the required knowledge to in-house staff. This type of consulting engagement is often used for new system implementations.

A need for resources

Sometimes a company will have the expertise but not the additional resources needed to undertake a task that is important and urgent. Companies experience peaks and troughs in business activities and the need for specific skills. At lower levels it is not unusual to employ temporary staff to meet peak needs.

When these peaks occur in specialized areas companies will use consultants in the same way they would use temporary staff for other activities. For example the media relations area of a company may maintain a permanent staff level to deal with ongoing media and public relations activities but employ consultants to develop a new product launch.

While the staff of the media relations department could develop the new product launch it would be at the expense of other business media needs. If new product launches are not a regular and recurring activity it does not make sense for the company to carry additional resources permanently for this activity.

A need for an objective assessment

Major change can impact a company positively or negatively. Often when a company is considering a major change in structure or direction they will engage consultants to review the proposed change.

While the skills to examine the feasibility of the change are usually contained within the company a consultant can provide additional assurance that an investment in a major change proposal will deliver the benefits expected, or identify risks that may have been overlooked. They also often provide recommendations or suggestions for how risks can be further reduced or benefits expanded.

Consultants provide a service to companies who have a short term requirement for specific expertise. Companies will generally choose to use consultants because they see them as a cost effective alternative to maintaining a larger workforce than is required for business as usual operations.

 
Business Consulting - Skills Needed For Consulting PDF Print E-mail
Written by Linda Hurley   

Business ConsultingConsulting is an interesting profession, the variety of assignments and range of companies make each new day worthy of note. Clients look to consultants to assist them on a short term basis to address problems for which they have no solution, to manage and implement projects and sometimes to fill short term resourcing needs.

To be successful a professional consultant must be an expert in their field with a track record of delivering results. In addition to expertise in a particular area all consultants possess a common skill set that falls into four main categories; problem solving, project management skills, interpersonal skills and management skills.

Problem Solving

Most engagements involve solving a problem for the client. A professional consultant must be able to quickly analyze problems, identify the cause, find alternative solutions, recommend the most appropriate solution for the particular business and provide advice on implementation.

Superior analytical skills are a hallmark of the professional consultant. If the problem was easy to solve the client would not require the consultant's help. Being able to break down complex issues into their relevant parts to address multiple difficulties is an essential skill that all consultants possess regardless of their field of endeavor.

Matrix thinking is also a necessary skill. It is used to imagine solutions. Visioning is too broad for a consulting engagement but being able to imagine a range of possibilities within the realities of the current business is essential.

Most organizations operate in linear mode in their day to day operations. While this works to promote efficiency it can limit their ability to step outside the lines when faced with complex issues. Consultants add value to the business when they can propose alternate solutions and discuss why their recommended solution is best for the company.

Project Management

By its nature consulting is project based. To run a profitable consulting business, each engagement needs to be managed as a project. The project scope needs to be clarified. Costing, pricing, deliverables, milestones and deadlines all need to be articulated. Throughout the engagement risks to a successful conclusion must be managed and mitigated.

Interpersonal skills

A consulting engagement requires that the consultant respond to the needs of the client. In order to fully comprehend the client's needs a consultant must have advanced listening and questioning skills. Empathy for the client's position enhances the relationship and often results in a better understanding than a purely interrogatory approach.

Frequently there are conflicting opinions within and across the business in regard to the problem, its cause and the appropriate solution. Exceptional conflict resolution skills are required to bring all parts of the organization together in addressing the problem.

Facilitation and presentation skills are also essential to ensure all key stakeholders participate in the development of a solution and are committed to achieving the resolution. Not only does this ensure the business obtains the results it requires from the engagement but in doing so makes it likely the consultant will be engaged again in the future.

Management skills

Consulting is the same as any other business; sales must be made to survive. Marketing, selling, negotiating and contracting are all crucial skills required of the professional consultant. The consultant's intellectual capacity underpins the service being provided and intellectual property must be managed and protected as a valuable commercial asset.

Being an expert in a particular field is only the first requirement of the professional consultant. Management, problem solving and interpersonal skills are equally important for success.

 
How to Highlight Experience in a Resume PDF Print E-mail
Written by Linda Hurley   

resumeThe experience or career history section of your resume is a vital ingredient in being selected for an interview. Recruiters and employers are not only looking for experience in specific roles but also what you were able to achieve while in those roles.

There are two aspects to describing your career experience in a resume; a description of the responsibilities that shows the scope and level of authority of the role you held and your key achievements while you were in the role. These two parts are not equal.

Role responsibilities

There are very few unique roles, so most require very little description. An accounts payable team leader for example does not need to describe what accounts payable is. A single paragraph describing the number of team members, volume of processing and size of budget accountability is enough to explain the role.

Key achievements

This is where your effort needs to be placed when illustrating your experience. For every achievement you need to think about the benefit that was delivered to the business and be specific about what that was. For example a statement that you improved the accounts payable process by converting 80 per cent of suppliers to electronic funds transfer is specific but it does not highlight the benefit.

Instead start with the benefit to the business. “Reduced costs by $50,000 by converting 80 per cent of suppliers to electronic funds transfer,” grabs the reader's attention in a way the earlier description does not. It shows the value you can bring in tangible terms that a prospective employer can relate to.

While an employer can work out for themselves approximately what value your achievements would have provided it is more powerful to identify and state the value of the benefit yourself.

Relevance

You do not need to describe every job you have ever had. Limit the description and achievements to your last three roles or 5 years experience, anything prior to that is too old to be of much relevance.

These earlier positions should not be left out entirely. You need to show a complete picture of your employment history but you do not need to describe them in detail. List the title of the role, the name of your employer and the dates you were employed in the role.

Target your employment history to highlight the benefits you have delivered to previous employers and your resume will stand out from the crowd of other resumes clamoring for attention.

 
How to Write a Winning Resume PDF Print E-mail
Written by Linda Hurley   

Resume WritingJob search is a competition and the first step to winning is being able to present a winning resume. Employers want to fill their vacancy and they will fill their vacancy with the person who can stand out from the pack. How can you make your resume stand out?

Read more...
 


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