The Role of Management Consulting in Business Success
##plugins.themes.academic_pro.article.main##
Abstract
Management consulting is considered one of the key factors in business success, contributing to the improvement of organizational performance by providing specialized analyses, identifying problems, developing growth strategies, improving operational efficiency, and increasing companies' competitiveness. The main objective of this research is to examine the impact of consulting services on strategic decision-making processes, organizational structure optimization, growth strategy development, and enhancement of operational productivity. The research methodology and materials used in the study were descriptive-analytical in nature, and were relying on library resources and the use of international journals. The findings of the study indicate that companies utilizing management consulting services demonstrate better performance in areas such as identifying weaknesses in structures and processes, designing innovative solutions, and improving competitive advantage. As a result, management consulting holds a fundamental position as a comprehensive enabling factor in the process of organizational transformation and the achievement of commercial success.
##plugins.themes.academic_pro.article.details##
This work is licensed under a Creative Commons Attribution 4.0 International License.
References
- Bronnenmayer, M., Wirtz, B. W., & Göttel, V. (2016). Determinants of perceived success in management consulting: A client perspectiew. Review of Managerial Science. https://link.springer.com/article/10.1007/s11846-014-0137-5
- Canback, S. (1998). The logic of management consulting, Part One: Discovery. Journal of Management Consulting, 10(2), 3–12.
- Christensen, C. M., Wang, D., & van Bever, D. (2013). Consulting on the Cusp of Disruption. Harvard Business Review: https://hbr.org/2013/10/consulting-on-the-cusp-of-disruption
- Greiner, L. E., & Metzger, R. O. (1983). Consulting to Management. Englewood Cliffs, NJ: Prentice Hall. https://onlinelibrary.wiley.com/doi/abs/10.1111/jsbm.12145
- Katz, D., & Kahn, R. L. (1978). The Social Psychology of Organizations (2nd ed.). New York: Wiley. https://onlinelibrary.wiley.com/doi/10.1111/j.1468-2370.2009.00273.x
- Kubr, M. (2002). Management Consulting: A Guide to the Profession (4th ed.). Geneva: International Laboure Office.
- Lewin, K. (1951). Field Theory in Social Science: Selected Theoretical Papers. New York: Harper & Row. https://onlinelibrary.wiley.com/doi/abs/10.1111/jsbm.12145
- McKenna, C. D. (2006). The World's Newest Profession: Management Consulting in the Twentieth Century. Cambridge University Press.
- O’Mahoney, J. (2010) .Management consultants and management theory: Reconstructing the field. International Journal of Management Reviews: https://onlinelibrary.wiley.com/. Doi/10.1111/j.1468-2370.2009.00273.x
- Porter, M. E. (1985). Competitive Advantage: Creating and Sustaining Superior Performance. New York: Free Press. https://onlinelibrary.wiley.com/doi/10.1111/j.1468-2370.2009.00273.x
- Sayyadi, M. (2022). Developing Transformational Leadership Skills to Impact Organizational Performance in the Post-Pandemic Era. Management Consulting Journal (MCJ): https://onlinelibrary.wiley.com/doi/abs/10.1111/jsbm.12145
- Schein, E. H. (1969). Process Consultation: Its Role in Organization Development. Reading, MA: Addison-Wesley. https://onlinelibrary.wiley.com/doi/abs/10.1111/jsbm.12145
- Siddiqui, J. (2015). The Role of Management Consultants in Medium Enterprises in South Asia. Asian Journal of Business Research, 5(2), 45–58.