Discussion 1

Discuss the meaning and purpose of management consultancy and the key benefits it can add to an organization. The development of a successful consulting firm requires the formal process of developing the structural framework of an official business. Discuss the importance of the development of a business plan, mission, vision, and value statements unique to a consulting firm. Based on your background and professional work experience, discuss your personal consulting niche and how you believe you can add value to a specific industry.