What is Consultancy?
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Management consultancy is a multi-billion pound industry, employing millions of people worldwide. It is one of the most popular choices of graduate employment in the UK. Management consultancies can found on all the world's major stock exchanges.
So why does 99% of the population have absolutely no clue of what they are or what they do? And why do thousands of the graduates who apply to the industry have no idea either?
We've listed some definitions to help you out.
If you'd like some further light shed on the topic, either or try out contacts list.
Definitions of Consultancy
If you do get asked what you do, or what you're applying to do, by an unsuspecting member of the public, here are some possible answers.
Wikipedia definition of management consultancy
"If you combine con and insult, you get consult." Scott Adams, Dogbert
MSN Encarta definition
Prospects Careers Site definition
"The creation of value for organisations, through the application of knowledge, techniques and assets, to improve performance. This is achieved through the rendering of objective advice and/or the implementation of business solutions." Management Consultancies Association
Where consultancy becomes clear.
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