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In addition, because of economies of scale, their focus and experience in gathering information worldwide and across industries renders their information search less costly than for clients.
As a result of their exposure to, and relationships with numerous organizations, consulting firms are typically aware of industry “best practices.” However, the specific nature of situations under consideration may limit the ability to transfer such practices from one organization to another.
Consultancies may also provide organizational change management assistance, development of coaching skills, process analysis, technology implementation, strategy development, or operational improvement services.
Specialization
Management consulting refers generally to the provision of business services.
- Sole proprietorship
- Partnership
- Corporation
- Franchises
United Kingdom
In the UK, the use of external management consultants within government has sometimes been contentious due to perceptions of variable value for money.
New Zealand
In New Zealand the government has historically had a greater role in providing some infrastructure and services than in some other countries.
Australia
In 1988, the newly elected Greiner State Government commissioned a report into the State Rail Authority by Booz Allen Hamilton.