Profession business consultant

Business consultants assist organisations to achieve greater efficiency and solve organisational problems. They study organisational structures, methods, systems and procedures.

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Personality Type

  • Investigative / Enterprising

Related professions consultancy

  • Careers advisor
  • Educationist
  • Job analyst
  • Labour inspector
  • Organisation analyst

Knowledge

  • Business processes

    Processes which an organisation applies to improve efficiency, set new objectives and reach goals in a profitable and timely manner.

  • Strategic planning

    The elements defining the foundation and core of an organisation such as its mission, vision, values, and objectives.

  • Business analysis

    The research field which addresses the identification of business needs and problems and the determination of the solutions that would mitigate or prevent the smooth functioning of a business. Business analysis comprises IT solutions, market challenges, policy development and strategic matters.

  • Consultation methods

    Techniques used to facilitate clear and open communication and the provision of advice between individuals, communities or the government, such as discussion groups or one-on-one interviews.

Skills

  • Analyse business requirements

    Study clients' needs and expectations for a product or service in order to identify and resolve inconsistencies and possible disagreements of involved stakeholders.

  • Advise on personnel management

    Advise senior staff in an organisation on methods to improve relations with employees, on improved methods for hiring and training employees and increasing employee satisifaction.

  • Analyse business processes

    Study the contribution of the work processes to the business goals and monitor their efficiency and productivity.

  • Perform business analysis

    Evaluate the condition of a business on its own and in relation to the competitive business domain, performing research, placing data in context of the business' needs and determining areas of opportunity.

  • Analyse business plans

    Analyse the formal statements from businesses which outline their business goals and the strategies they set in place to meet them, in order to assess the feasibility of the plan and verify the business' ability to meet external requirements such as the repayment of a loan or return of investments.

  • Conduct quantitative research

    Execute a systematic empirical investigation of observable phenomena via statistical, mathematical or computational techniques.

  • Analyse financial performance of a company

    Based on accounts, records, financial statements and external information of the market, analyse the performance of the company in financial matters in order to identify improvement actions that could increase profit.

  • Advise on efficiency improvements

    Analyse information and details of processes and products in order to advise on possible efficiency improvements that could be implemented and would signify a better use of resources.

  • Advise on financial matters

    Consult, advise, and propose solutions with regards to financial management such as acquiring new assets, incurring in investments, and tax efficiency methods.

  • Analyse external factors of companies

    Perform research and analysis of the external factor pertaining to companies such as consumers, position in the market, competitors, and political situation.

  • Build business relationships

    Establish a positive, long-term relationship between organisations and interested third parties such as suppliers, distributors, shareholders and other stakeholders in order to inform them of the organisation and its objectives.

  • Analyse the context of an organisation

    Study the external and internal environment of an organisation by identifying its strengths and weaknesses in order to provide a base for company strategies and further planning.

  • Identify undetected organisational needs

    Use the collected input and information from interviewing stakeholders and analysing organisational documents in order to detect unseen needs and improvements that would support the development of the organisation. Identify the needs of the organisation in terms of staff, equipment, and improvement of operations.

  • Liaise with managers

    Liaise with managers of other departments ensuring effective service and communication, i.e. sales, planning, purchasing, trading, distribution and technical.

  • Align efforts towards business development

    Synchronise the efforts, plans, strategies, and actions carried out in departments of companies towards the growth of business and its turnover. Keep business development as the ultimate outcome of any effort of the company.

  • Make strategic business decisions

    Analyse business information and consult directors for decision making purposes in a varied array of aspects affecting the prospect, productivity and sustainable operation of a company. Consider the options and alternatives to a challenge and make sound rational decisions based on analysis and experience.

  • Analyse internal factors of companies

    Research and understand various internal factors that influence the operation of companies such as its culture, strategic foundation, products, prices, and available resources.

  • Conduct qualitative research

    Gather relevant information by applying systematic methods, such as interviews, focus groups, text analysis, observations and case studies.

  • Interpret financial statements

    Read, understand, and interpret the key lines and indicators in financial statements. Extract the most important information from financial statements depending on the needs and integrate this information in the development of the department's plans.

  • Analyse business objectives

    Study data according to business strategies and objectives and make both short-term and long-term strategic plans.

Optional knowledge and skills

advise client on technical possibilities human resource management business intelligence business strategy concepts business law define organisational standards financial statements interview people advise on environmental risk management systems seek innovation in current practices advise on communication strategies report analysis results organisational policies corporate law advise on risk management market entry strategies business process modelling quality standards

Common job titles

  • Strategic planning consultant
  • Consultant, strategic consulting
  • Lawson talent management business analyst
  • Business management consultant 20hrs/wk
  • Management consultant
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  • Small business consultant
  • Customer service representative
  • Strategic consultant-travel
  • Business consultant