In the last post, we covered that Business consultants add value by helping you solve business problems. In addition, consultants add value by helping you to exploit opportunities!
Let us see how:
- Opportunities for adopting common practice within your industry: Consultants guide you about the common practice within your industry. So, you don’t reinvent the wheel. Instead, you are quick to follow and take leverage. For example, process improvement in manufacturing using Lean and Six Sigma. Similarly, set up retail standard processes for returns. The point is to quickly adopts the process and solutions available within your industry vertical.
- Opportunities to exploit technology solutions: Consultants guide the off-the-shelf technology solutions available for your business. So, automate and be on top of your game by implementing the technology solutions. For example, implementing three-way matching between receipt, PO and invoice, and customer mobile app. The point is to adopt tried and tested solutions and catch up with the industry.
Again the problem is that humans find comfort in thinking that they are fine with the way things are now. A Business consultant can help you find new opportunities and solve existing problems. Don’t fool yourself by assuming your business is ok for now. Take action now to exploit the real opportunities!