BNAD 100 Lecture Notes - Lecture 10: Cognizant, Microsoft Powerpoint, Boston Consulting Group
Document Summary
People who work in consulting give advice to companies for a fee. Consultants are paid by companies to solve a specific problem. 700,000+ consulting firms registered in the u. s. 1. 5 million people work in consulting in the u. s. Stop everything else and figure out the solution, no matter how long it takes. Take a guess and hope for the best. Sometimes it"s cheaper and easier to hire consultants instead of hiring more and the right employees. There"s a problem they don"t know how to solve. There"s a problem they don"t have time to solve. They need a unique perspective to make the best decision. They need a lot of people to tackle a new project. Help a company"s executive officers make high-level decisions to improve the company"s performance. Your company loses market share on your key product. Research team says forget the old, we need money for new product.