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Certified management consultant" (CMC) [1] is an international professional certification established in 1967 for management consulting professionals, awarded by institutes in 50 countries (as of February 2014). [2] The CMC enjoys global reciprocity; consultants certified in one country are recognized in most other countries.
Management consulting is an additional service to internal management functions and, for various legal and practical reasons, may not be seen as a replacement for internal management. Unlike interim management, management consultants do not become part of the organization to which they provide services. [3] [4] [5]
5. Establish an online presence. Printing up business cards is no longer enough to get your name out there as a consultant. The type of web presence you need can vary by industry and the strength ...
Your network—former bosses, colleagues, clients, vendors, alumni—is your biggest asset as a consultant. Activating this network will generate your first and often your best-paying clients.
In their 1997 book Dangerous Company: Management Consultants and the Businesses They Save and Ruin, authors James O'Shea and Charles Madigan said that McKinsey's culture had often been compared to religion, because of the influence, loyalty and zeal of its members. [36] [93] The firm has a policy against discussing specific client situations. [36]
According to Institute of Management Consultants USA, "The value of a consultant [as compared to a subject-matter expert (SME)] [11] [12] [13] is to be able to correctly diagnose and effectively transform an often ill-defined problem and apply information, resources and processes to create a workable and usable solution.
Most individuals obtaining management doctorates take the programs to obtain the training in research methods, statistical analysis, and writing academic papers that they will need to seek careers as researchers, senior consultants, and/or professors in business administration or management.
A consulting firm or simply consultancy is a professional service firm that provides expertise and specialised labour for a fee, through the use of consultants.Consulting firms may have one employee or thousands; they may consult in a broad range of domains, for example, management, engineering, and so on.
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