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Business organisation policy - Assignment Example

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The following are advantages and disadvantages of hiring a management consultant (Lancester, 2005). A careful selection of management…
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Business organisation policy
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Business organisation policy

Download file to see previous pages... Management consultant may be also viewed as lacking of familiarity with the organization and there might be lack of responsibility, accountability for results.
Management consultant offers fresh perspective considering that in a certain company for instance, the CEO might be so confined with the issue that it would be hard enough to look for other fresh, new and reliable perspective. One of the ways to look at new perspective is to hire management consultant. Management consultants are known to be exposed to different perspectives considering that they try to tackle issues most often regarding business consultancy. Thus it is a fact that they have certain information that they might be able to use prior to making suggestions and explaining new perspectives.
Management consultants are known as separate entities of the business. As such there is a remarkable reason to believe that they have no vested interest of the company for as long as they are paid on their service rendered. Unlike hiring those internal employees, vested interest is remarkably observed leading to more complex problem of the company in the long run. Management consultants are objective in giving their opinions and results.
Management consultants have no specific time they intend to work for someone else. Thus, it is important to consider that they are of great help to managers who barely have time for management decision concerns.
For legal, regulatory and ethical reasons, management consultants are more objective when it comes to giving results. Thus, it is important to understand that management consultants are paid to be objective enough in giving details and results for whatever the management wanted to find out.
Hiring management consultant can be costly. This is due to the fact that the mere purpose why management consultants are rendering services is about making additional income. Thus, the management of a company must be able to provide monetary aspect in return of the services ...Download file to see next pagesRead More
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