Top 4 Compelling Reasons Why Smart Businesses Hire Management Consultants!
Reading Time: 8minutes
“Ohh Joy, I’m Damned and Doomed!”
No business owner would ever want this to exclaim to themselves! Well, owing to the extent of uncertainties led especially by the ongoing pandemic, most of the businesses have been on a rollercoaster ride, dealing with enormous challenges, on a mission to survive being the fittest. That’s where management consultants come into the picture and in minds of the business owners.
Initially they tend to wonder, “Management Consultant, really?” This must have been a round table discussion even in your company many times, right! It’s absolutely understandable to think so, as to run any business, you need to justify every expenditure you make, stamp every penny, and be sure that it won’t be hurting your finances.
Why Do Companies Hire Management Consultants?
Initially they tend to wonder, “Management Consultant, really?” This must have been a round table discussion even in your company many times, right! It’s absolutely understandable to think so, as to run any business, you need to justify every expenditure you make, stamp every penny, and be sure that it won’t be hurting your finances.
It’s absolutely justifiable to evaluate the matters when it is about spending money on something; but when the challenges start overpowering your actions, you get stuck. Business is something you cannot run just by posing and ignoring the fact that you are already in troubled waters. You ought to accept the fact that you are surrounded with adversaries and all your Jenga blocks are falling.
No matter what you do, how you do, sometimes all the efforts seem like flowing into the drain. There may be various reasons to this – some major obvious ones, and some too miniscule for you to see. Whatever that be, most of the businesses face the fear of that Jenga effect, that would derange the entire business.
Time to Inject Some Power from Smart Brains
You cannot just keep pondering upon your situation, carrying the load of ‘ifs and buts’ on top of your head, and rather need to get into the action, or else be the witness to your succumbing business, right in front of your eyes.
It happens, that despite having your own armory, you fail to stand straight unless an external support comes to you and saves you from falling, and sets the balance right. Yes, despite equipped with all the capabilities, you or anyone in your company may not think of what an external source may come up to you with.
This may be indicative of injecting your ailing business with some smart ideas from an external source.
A management consultant does just that!
A wise thought at the right time can get even your off-the-track business running back on the tracks. Hiring a management consultant may seem to be another expenditure, but what if this expenditure pays you later?
You may still be in doubts at this point. So, let’s delve into some really convincing reasons about why hiring a management consultant can be the smartest decision ever!
Reason #1: Temporary Issues Can Be Dealt with Temporary Solutions
To deal with mounting challenges, often the companies start looking for having a full-time resource on-board. That may not be a good idea for the very fact that challenges arising out of the blue, due to something, may be short-term, and may be dealt with short-term solutions only. Such a source may turn out to be expensive. So, why buy the entire loaf just to have a slice or two?
Analyze the challenge first, to determine its nature, and that what will be exhausted in overcoming it. It may be difficult to assess everything about it exactly, and accumulate all the resources required, right in the beginning.
In such a dilemma, hiring an independent management consultant is all smart businesses do, and you should do as well. Don’t worry, this won’t be as toilsome as looking for a full-time employee!
And even if you think you already have in-house top-drawer resources, it won’t be right to digress them from what they’d already be merged into. Multitasking at times can be disastrous especially when some crucial process is involved. Hiring a smart management consultant will be a better pick for added concerns. So, it will be better if you let them stay focused on their existing jobs and hire a smart consultant.
Reason #2: A Fresh & Unbiased Opinion from a Third Person Matters
Where corporate politics, difference of ideas and opinions may give a way to controversies and resentments, it may become really difficult for a company to take decisions or implement any new change. Though, those decisions may be for the good of the company, yet may not be viable to be considered for the fact that not everyone may concur with it.
This is the most common challenge faced by the corporates. In such a scenario, the fresh neutral thoughts, ideas, suggestions and decisions from an external third party-source without any pressure or influence, really matter.
Hiring a consultant will get you a dedicated mind that would think freely and without any limitations or bounds. Their experience and expertise in dealing with a range of challenges will allow them to come up with solutions that you would have never even conceptualized. At times, you may feel skeptical about their solutions but then you have been carrying your goals in your mind, and need to get into action to achieve them. Somewhere you need to be focused and determined.
Reason #3: Lack of Resources? No Worries!
The major reason behind why some of the corporates feel reluctant about hiring management consultants is the lack of resources. Even if they agree with the consultant, they get apprehensive about all the implementations required for the time. For example, if they are told to integrate all their new and old systems for optimizing business operations, but don’t have enough technical know-how about new systems, how are they going to get that task running?
Hey, don’t keep that apprehension to yourself, share it with your consultant!
Well, the best part about hiring management consultants is that apart from the consultations, they also provide the solutions right there before you, and that’s may not even be as gruelling for them, as the challenge may be new to you, but not to them – thanks to their enormous experience in analyzing and resolving tons of even more complicated issues on a regular basis!
They work on time-tested methodologies and frameworks to execute solutions, and that makes them worthwhile enough to be considered by smart businesses.
Reason #4: That Professional Expertise & Attitude Not to be Found Elsewhere
Management consultants carry a competitive expertise and an attitude to win with them, which you can refer to, as their USP, and that’s what the companies need while facing business challenges of various kinds and nature.
Let’s take an example of a company that is looking to merge with another of the same size and stature. Now the challenge is, none of them ever had experienced merging to this higher level, and lack expertise in even executing such a plan. Apart from this, they fear the Jenga effect, that may literally lead their business operations to go haywire. That’s when they can look up to the expertise of a professional management consultant.
Owing to all the benefits that businesses can leverage by hiring management consultants, more and more businesses have been hiring them increasingly, in past few years, as depicted below.
Are You Smart Enough?
Are you also going through tough times dealing with management and operational challenges as a business? Well, you may not be smart enough to resolve these issues on your own but can certainly turn smarter by hiring a competent management consultant so that you can have expert unbiased and uninfluenced solutions to challenges.
With years of experience as a management consulting firm, Tarika Technologies is one of the top management consulting firms, that offers premium professional management consulting services to analyze business challenges and resolve them with indisputable expertise and a wide knowledge base. We provide management consulting solutions that are created in alignment with business strategies, goals and objectives of the organizations, to assist them in optimizing their operations and performance.
Joe leads the company’s strategy development and team building processes to formulate and enact the mission and goals. His strategic decisions involve the commitment of various resources for the fulfilment of goals and purposes of the organization, with a positive impact on its various aspects of growth.
With over 30 years of leadership experience, Joe has lead transformation projects, new business ventures, and execution of change management strategies.
In his previous role in C/C Financial Corp, a start-up financial technology business, Joe served as President & CEO. The start-up was scaled up and acquired by a large publicly traded company.
Joe started PeakFormance Leadership Consulting, a leadership and strategy advisory firm that specializes in helping busy executives develop high-performing team and organizations. His experience and proven strategies have helped him lead organization development projects with Fortune 500 companies as well as small to medium size start-ups.
With a strong passion for leadership, Joe has demonstrated the ability to develop cohesive teams, aligned and collaborative teams that achieve extraordinary results. Joe’s passion for leadership and team-building and vast experience enable him to connect with executive leaders and partner with them to improve performance.
Joe holds a bachelor’s degree in Business Administration from Minnesota State University, and an MBA in Organization Leadership from Walden University. He enjoys spending time traveling, golfing and training for Ironman triathlon competitions.
WILLIAM ANSAH
Head of Africa Operations, Tarika Group
20+ years of professional experience
William Yaw Ansah, Chairman, and CEO, Origin8 Limited in Ghana is an accomplished executive with experience spanning multiple sectors – Publishing, International NGOs, Education, Consultancy, and more.
Most recently, William was appointed as Course Manual Author Monitor for Chartered Institute of Marketing, Ghana. He was also appointed as a Member of the Management Committee, School of Arts, University of Ghana. He is also a Member of the Institute of Directors Ghana, an Accredited Member of the Institute of Public Relations, and a member of the Chartered Institute of Marketers, U.K
Over the years, he has been a mentor and advisor to a number of new ventures in Ghana and has trained several organizations such as SSNIT, Ghana Revenue Authority, Ghana Water Company Limited, National Entrepreneurship and Innovation Programme among others.
William has authored a number of books such as Simple English for Senior High Schools in Ghana, Simple English books for Primary Schools in Ghana, and Simple English books for kindergarten, among others.
William received his Master’s degree in Global Marketing from the University of Liverpool, the U.K, and a Bachelor’s degree in Liberal Arts from the University of Ghana, Ghana. He started his career in Ghana as an Instructor, Consultant, and later management member of Afram Publications, Sahabia Publications, Comland Ghana, Origin8 Limited to mention a few.
SACHIN AGRAWAL
Founder & CEO, Tarika Group
20+ years of professional experience
Sachin has over twenty years of experience managing innovation and development of solutions and optimizing complex business processes; Business & Technology Architecture and Integrations. His proficient leadership and exceptional communication skills, technical expertise, combined with industry experience have delivered extraordinary results for his firm and clients.
Sachin instituted Tarika Technologies to support businesses by implementing a strong process-oriented system and the virtual CIO model, managing a team of offshore and onsite professionals. He performs complete business and technology assessment, advises on Enterprise Architecture and provides solutions for mid to large companies, globally. Under his leadership, Tarika Technologies has acquired several key accounts, providing Enterprise Solutions, Infrastructure Solutions (PaaS, IaaS, SaaS), Software & Web Solutions and Mobile Applications.
In addition, Tarika Technologies provides technology and communications infrastructure set up and has successfully launched several products in the ERP, Communication, Entertainment & Media domains. Today, Tarika stands as a global company with presence in America, Asia, and Africa.
Sachin is the CIO to a leading firm in Bethesda, Maryland USA that provides acquisition support services; and technical advisor to the Crisis Center Hotline located in the state of Maryland in the United States. During his career, he also served as Director of Information Technology at a prestigious infrastructure management firm in the DC area providing IT consulting, infrastructure design and enterprise solutions for small to large corporations all around the mid-Atlantic region, as well as governmental organizations. His innovation in business process has led to a patent with the United States Patent and Trademark Offices for one of his clients.
Sachin’s keen interest in International business has formed key alliances and relationships worldwide apart from just Technology. In recent times, he has partnered with Origin8 Limited, a leading PR & Advertisement firm located in Ghana, extending all the products and services offered by Tarika to the African region. As an integral part of this partnership, Origin8 will be heading the sales and marketing of EBIMS AirWatch in the West African market; a cloud-based ERP solution by Tarika, supporting the needs in the Media industry providing real time strategic planning, monitoring, management of operations, automation of collections and complete digitization of payments through integrations to local payment gateways. He is also the Chief Technology Advisor for Origin8 Limited, driving advanced digital solutions for clients in Ghana; and introducing customized ERP for businesses across West Africa.
His keen interest in international business has formed key alliances and relationships worldwide in areas aside technology. Other areas of his expertise include managing and streamlining business processes, vertically independent Enterprise Architecture, Infrastructure Management, IaaS, PaaS, SaaS, high-level network and systems architecture, design and development capabilities of secure distributed applications for both private as well as governmental organizations.
Sachin holds a Master of Science in Information Architecture with highest honors; a Bachelor’s degree in Electrical Engineering and Associates in Computer Engineering Technology from Capitol Technology University in Maryland, USA. In his leisure, Mr. Agrawal enjoys playing musical instruments and practices Haidong Gumdo, the Korean swordsmanship, as a senior martial arts practitioner. His personal blog can be found at www.sachinagrawal.com.
Thank you for showing interest in downloading our brochure.
You will receive a copy of our brochure in your inbox, shortly.
X
THANK YOU FOR DOWNLADING OUR BROCHURE
To access the brochure, click here You will also receive a copy in your inbox
