Monday, December 5, 2016

Reasons to Hire a Business Consultant in the New Year

Global Resources is a full-service business development group and general management consulting firm focused on small and medium-size privately-held companies in North America. We help business owners access the information that is often necessary for growth.  During the New Year, there is typically an increase in small and medium – size businesses looking to partner with business consultants. If you’re a business owner considering hiring a consulting firm, here are reasons why it may be in your best interest: 
  1. External change- It can be hard for companies to do what’s right, particularly when it comes to job layoffs, salary and benefit changes/reduction, and major operational and strategic shifts. Hiring consultants can be a way to reach the desired conclusions with sufficient political cover in case certain parties are unhappy.
  2. Best practices across industries and functions– consultants have the rare privilege of serving multiple clients in the same sector and serving multiple clients facing similar problems across different sectors. This enables them to recognize common attributes of effective solutions, applying lessons learned in applicable situations. This knowledge is partially institutionalized at each consulting firm (in the form of white papers, databases, post-project reviews, etc.); however, much of the information exists in the collective heads of partners and to a lesser extent, senior consultants.
  3. Analytical horsepower - Companies may need help solving issues and executing strategies where their skillsets and knowledge are insufficient. Consultants can be of great value given their training and capabilities. 
  4. Fresh perspective - Companies often need a fresh set of eyes.  In fact, you’d be amazed at the amount of value consultants can add based on the most mundane observations and insights. Critics contend that this is an example of consultants selling “glorified common sense,” but for front-line client employees, it can be easy to fall into daily routines without a critical eye towards measurement, analysis, and improvement.
  5. Training and skillset augmentation - Every consulting project – particularly ones with heavy client interaction – incorporates client training as a major ingredient. The best recommendations are worthless if clients can’t implement and maintain suggested changes. Thus, a large part of what consultants do is to educate client employees on necessary knowledge, skills, and mindsets.

To learn more about us and / or to schedule your complimentary appointment with the business consultants at Global Resources LLC, call us at 855-338-0266. 

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