Consulting Abbreviations

What is a consultancy?

Consulting is a specialized advice service, carried out by specialists in a certain area, who guide the client in order to help him achieve his goals.

In the consulting process, as well as the consultant, the oriented client himself has responsibility in the process in favor of the achievement of objectives.

It can be said that the responsibility is 50% up to each one, as the consultant gives indications in order to enhance the capabilities of his client, who must follow them to reach the desired result.

Types of consulting

Consulting is a service that can be hired by companies or by an individual.

In general, consulting can be classified into two main types:

• Internal consultancy: when the consultant is an internal collaborator, that is, he is part of the staff of the company that requires the service.
• External consultancy: when the consultant is an external collaborator, that is, who is not part of the company’s staff. In this case, a temporary service provision is established, previously agreed between the company and the consultant.

See below for the main types of consultancy.

Finance consulting

Finance consulting is advice on how the entrepreneur should act and act with regard to the company’s expenses and profits.

Companies often hire financial advisors when the company is or is at risk of going black.

The consultant will have the function of analyzing the company’s finances and preparing a strategic financial program that helps in achieving the desired objective.

This program may consist of creating new internal policies, monitoring results and diagnosing existing problems.

Business management consulting

Business management consulting consists of analyzing and solving specific problems related to the administrative part of a company.

It is important to mention that business management consultants are specialists in business management, in business administration and not necessarily specialists in the field of the company that hires their services.

Two points that benefit a lot from business management consulting are costs, which tend to reduce significantly, and profits, which tend to increase.

Marketing consultancy

The company that seeks this service has generally not been able to reach the desired numbers in terms of marketing its products and/or services.

One of the main objectives of the marketing consultant is to ensure that the company has visibility and a good relationship with the market.

Human resources consultancy

In human resources consulting, the focus is on the company’s employees.

The human resources consultant will analyze the staff, verifying the respective demands and the competencies that need to be developed.

This verification includes hiring or firing needs, working conditions of employees, need for training and/or courses, team performance, among others.

Sales consulting

Sales consulting ends up encompassing other consulting concepts such as marketing, economics and management.

The sales consultant’s main function is to analyze the reasons that may have led a company to present a picture of a decrease or lack of sales progress.

One of the solutions usually proposed to solve the problem is a change in approach together with the client.

Environmental consultancy

The environmental consultancy service has the function of analyzing and studying possible environmental impacts that a business project may have on the environment.

Another of the environmental consultancy’s main concerns is compliance with rules and laws regarding environmental policies, in order to guarantee that the company can perform its work while preserving the local nature.

Hiring an environmental consultant is an investment that, in addition to guaranteeing the preservation of the environment in the area where the company’s work will be carried out, prevents the company from having its brand discredited and associated with something negative and prevents the payment of fines for non-compliance. cool.

Consultancy structure

Consulting companies generally offer two types of service structure.

Package consulting

In packaged consulting, the consulting company presents its client with a ready-made product.

In other words, package consulting consists of already established models of methodologies and procedures that aim to achieve a certain end.

Artisan consulting

Unlike package consulting, artisanal consulting is developed specifically for the contracting company.

It is a personalized service that takes into account the particularities and specific needs of the customer.

List of Acronyms Related to Consulting