<p>Business Consulting.. Between Innovation and Execution</p>

Business Consulting.. Between Innovation and Execution

24/07/2024

PRESS
THIQAH experts

In today's business world, consulting plays a crucial role in guiding companies towards success and sustainable growth. A business consultant is someone with extensive experience and knowledge across various business fields, offering guidance and advice to business owners and executive teams to help them make strategic decisions and improve performance.

A business consultant is a cornerstone in system development, especially in the face of rapid technological advancements and the urgent need for system and business integration. Their role goes beyond consultation to bridging the gap between technical and managerial aspects. These tasks require a diverse set of skills and experiences that enable a business consultant to effectively perform their duties.

 

Who is a Business Consultant?

A business consultant is an expert who provides consulting services to clients with the aim of improving their performance and achieving their goals. These consultants have a deep understanding of management methods, business analysis, and strategic planning, typically working with companies in various industries to provide innovative and tailored solutions to their challenges. They start by analyzing the current situation and systems of the organization, followed by a detailed study of its problems and available opportunities, using business analysis tools to ensure understanding of actual needs, identify necessary development areas, and ensure there are no gaps in requirements, ensuring these requirements reflect the real needs of stakeholders.

 

What's Next?

Based on the analysis above, the business consultant develops and proposes the most appropriate solutions that meet these requirements, taking into account costs, time, available resources, and the impact of solutions on current and future operations. These solutions must be innovative, executable, and provide added value to stakeholders.

 

Here comes the major challenge: aligning these solutions with all stakeholders, as the business consultant ensures solutions are in line with the organization's policies and objectives, as well as with technical and operational requirements. Solutions must align with user experience, governance, and company standard procedures, improving them based on feedback.

 

Skills and Experience of a Business Consultant

A business consultant must have deep experience in both business and technical aspects. This means being familiar with the latest technologies and how to apply them in a business context. At the same time, they must understand business models, markets, and company strategies. One of the vital tasks of business consultants is translating requirements into technical specifications, converting requirements into clear and understandable language for the development team, ensuring that the development process is effective and follows the established plan.

The role of a business consultant involves mediating between work teams, management, and the technical team, requiring strong communication skills, negotiation skills, expectation management, and simplifying communications between all parties to ensure consensus and commitment to the established plan. Business consultants also strive to drive innovation within the organization, encouraging creative thinking and exploring new opportunities that can benefit the company, as we are aware of the rapid changes in the business world. By combining a deep understanding of business with technical skills, business consultants can play a crucial role in achieving success and organizational excellence.

 

One of the skills that business consultants possess is enhancing customer experience, achieved through improving the quality of products and services, in addition to increasing customer loyalty to the company, which comes from adapting to market changes. Consultants provide guidance on how to adapt to rapid market changes, whether those changes are due to technological advancements or changes in customer preferences.

 

Challenges Faced by Business Consultants

Despite the numerous benefits, business consultants face several challenges. They may encounter internal resistance from employees who fear change, in addition to challenges in understanding the organization's culture and unique issues. Additionally, there is a challenge in managing different expectations from both the company and clients alike, where the business consultant is cautious in managing expectations carefully to ensure promises are not exceeded beyond their ability to fulfill them.

 

The challenge of managing time and various project requirements for multiple clients, as consultants work on more than one project concurrently, requires highly organizational skills and effective time management, as handling this volume of projects at once is considered a challenge that can be overcome through the different skills and experiences that business consultants have.