Management consulting is a type of strategic consulting focused on the operational improvement of a business unit or high-level corporate strategy. It includes identifying organizational and operational problems and finding solutions. Management consulting can involve improving a business function such as customer service or determing the most effective type of retail delivery system. An organization might use management consulting to choose businesses to participate in or acquire.
What Small and Midsize Businesses Need to Know About Management Consulting
Management consulting can help SMBs develop and optimize growth strategies, such as the adoption of new technologies, financial management support, and skills and business development.