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Business consultants are increasingly asked to perform functions throughout client organizations beyond simply providing expertise to management. Many work closely with client staff to enhance performance long after the client-consultant contract has ended, functioning as mentors and/or advisers.
Business counseling, coaching and strong interpersonal skills will become increasingly important competences for the successful consultant.
Careers in consulting
Business consulting is a demanding, but highly rewarding, career for ambitious graduates and experienced practitioners. The work carried out by practices and individuals can range from end-to-end solution provision to niche firms that offer specialist skills and knowledge. Which path and direction you prefer will determine the relevant skills and qualifications you should pursue.
More specifically, business advisers are responsible for providing independent advice and guidance to small and medium-sized businesses. They can assist a new business start-up, and work with established businesses supporting them to develop, grow and become more competitive.
You will need to demonstrate a range of personal/business skills:
- Interpersonal skills
- Communication skills written, oral and face-to-face
- Networking skills
- Marketing/sales skills
- Creativity and innovation
- Project/programmed management skills
- Strategic thinking
- Analytical skills
- Proactive and dynamic
- Understanding of business environments
- Integrity and professional standards
You can move into the business consulting profession either from graduate entry level or as an experienced hire wanting a career change. Potential employers will want to see how you demonstrate the core skills needed to be a consultant or that you have the relevant technical/business knowledge to help clients find solutions to their business needs.
Visit our getting started section to find out more about how we can help you to enter the profession.
In India, the present policy of encouraging growth of small scale industries is based on several promotional measures, one of which is reservation of products for exclusive manufacture in the small scale sector. Large/Medium units can, however, manufacture such reserved items provided they undertake to export 50% or more of their production. The reason for special emphasis on this sector is that it plays a vital role in the growth of the country. It contributes almost 40% of the gross industrial value added in the Indian economy. The opportunities in the small-scale sector are enormous due to the following factors:-
- Less Capital Intensive
- Extensive Promotion Support by Government
- Reservation for Exclusive Manufacture by small scale sector
- Funding - Finance Subsidies
- Machinery Procurement
- Raw Material Procurement
- Manpower Training
- Technical Managerial skills
- Tooling Testing support
- Reservation for Exclusive Purchase by Government
- Export Promotion
- Growth in demand in the domestic market size due to overall economic growth
- Increasing Export Potential for Indian products
- Growth in Requirements for ancillary units due to the increase in number of greenfield units coming up in the large scale sector. Small industry sector has performed exceedingly well and enabled our country to achieve a wide measure of industrial growth and diversification
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