Management consultations or independent management consultants offer a consultation than service to other enterprises. Often the management of the customers (and/or clients) is the subject of the consultation, sometimes in addition, technical decisions and changes as e.g. with special engineer achievements or personnel questions.

Term

For the management consultation there are different designations:

• Restaurant economics is not an official job title with legal basis.
• Often also the Anglizismus is used consulting for the consultation actually and Consultancy or Consultant for the organization or person of the advisor.

Management consultants furnish their service with and at the customer, why frequently of "mandate" or "commitment" and the customers are spoken are called "clients" or "mandators".

Career profile

Qualification

The activity of the management consultant is not subject to job protection in Germany. Austria forms the only exception with the trade and industrial regulations in Europe and defines: According to GewO "§ 29 is determining for the range of the Gewerbeberechtigung in particular the peculiar jobs necessary for the practice, the historical development as well as involved the opinions and agreements existing in the commercial circles. (Quotation WKO).

Everyone in the management consultation active one can call itself management consultants. This leads in practice in particular within the range of the restaurant consultation to undesired features: Offered as management consultants to be camouflaged services (e.g. insurance) selected contracting party, which has to do few with an independent and objective consulting process.

The qualification for management consultation usually attains from academic perspective that, which after an economiceconomics higher education or a higher education with economical auxiliary study can show a professional experience of at least three years or in this period as a junior Consultant in a management consultation was active. In addition, specialists from beyond are active in the management consultation, if they can show sufficient professional experience.

As full-time advisory is considered in the opinion the professional associations, who can prove 150 consulting days annually. In addition come advanced training, which should cover at least 30 hours in the year.

Consulting principles

Management consultants submit frequently to a code of ethics and occupation (English: Code OF Ethics), e.g. the Association OF management Consulting Firms (AMCF), the federation of German management consultants registered association (BDU) or the specialized group advisory people and operation managers in bdvb the registered association. These contain the usually following elements:

• Independence of the management consultant from third, in particular, if decisions line up over suppliers or other market partners of the client.
• Objectivity of the consultation with consideration of all chances and risks.
• Authority: one advises only in fields, in which the management consultant attained as can be prove authority.
• Privacy: none of the knowledge and the information acquired during the consulting process arrive on third.

Training

Management consultations usually employ college graduates with outstanding conclusions from almost all fields. In particular at the large societies graduates of the management economics are to be found only to approximately 50%. Besides particularly the courses of studies physics, mathematics, psychology and medicine are strongly represented. To a small portion also persons with professional experience are employed.

In the university landscape there are some training offers, which have a technical suitability for management consultation as an explicit goal. Among them are:

• The FH Ludwigshafen offers since 1995 a post office-gradual course of studies "internationally to management Consulting" with conclusion MBA.

• The diploma course of studies Business Consulting (BC) of the professional school Oldenburg/East Frisia/Wilhelmshaven represents a special study offer for the training of enterprise and organizational consultants in Germany. It has the goal to tooth economical knowledge with social action authority.

• Structure courses of studies with consulting specializations, as for example start UP Consulting are offered also by other universities, like the correspondence university in Hagen.

Specializations

As variously as the tasks and enterprises, so differently are also the ranges of activity and consulting of the advisors. Under management consultants/specializations is a partitioning of the consulting firms and their activities.

Service consultation

Consulting process

The consulting process is characterized through always recurring elements. A situation analysis (actual state inventory) the formulation of goal (specified condition) for the consulting project follows. Starting from this time a calculation of the prospective consulting expenditure is possible. The concept development, the concept presentations follow, if necessary the assistance (Coaching) during the conversion (implementation) as well as a Massnahmencontrolling.

The consulting process requires assistance of the customer (and/or clients). Thus management consultation represents a service under installation course of the external factor.

Product liability

A kind product liability exists for advisory activities only in as much as as can be prove wrong information lead to damage. Since the management consultant is usually not or only partially in the conversion of the compiled solution methods involved, he can be made just as little liable for execution errors in the conversion, as for pieces of advice or conceptions, which is based on wrongly or wrong information of the customer (and/or clients).

Fees

The technically competent management consultation presupposes that the advisor has a qualification, which it it made possible to negotiate with the advising on as equal a level as possible. Consultation takes place usually on one level of the management, since for the conversion of good advisory activities the support and the co-operation of the enterprise or department management are indispensable. Thus the management consultant has also a requirement on a remuneration, which equals the income of a middle managing director or an elevated department manager. From this results a fee, which lies usually within the range of 800 to 1,400 EUR per day. However fees of over 5.000 EUR per day are possible for very high-quality advisor capacities. The calculation and/or justification of the advisor fee justifies on the fact that during good extent of utilization normally about 150 consulting days per year can be carried out and accounted for. From it a conversion of approximately 180,000 EUR results in the case of the daily rate of 1.200 EUR. The annual salary of an employee of management consultant lies within the range of 70.000 for junior advisors to 160,000 EUR or more for experienced senior advisors.

Consulting concepts

Essentially four generic consulting concepts can be differentiated:

• Management consultation
  • Strategy
  • Organization
  • Leadership
  • Marketing

• Businesses innovation/transformation partner
  • IT-Consulting (business process/technology/infrastructure consultation)
  • System integration (technology consultation/system integration)
  • IT-service-Provider (IT and process enterprise)

• Personnel consultation
  • Personnel Recruitment > Head Hunter
  • High potential development
  • Personal concepts
  • Training/further training

• Tech. Consulting
  • Special industries
  • Facility management

Articles in category "Management consultant"

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