Better Business Practices For Management Consulting Firms - 7 Phases In The Consulting Process

We live in a strange society. Any society that callsexpectations and sought outcomes. The different roles
itself capitalist should have a flexible framework inof all stakeholders are delineated including the role of
which to operate businesses. Management consultantsthe Project Sponsor. Also, at the meeting both parties
are at the forefront of any business evolution. Withoutagree on the Functional Project Requirements and
a clear process our clients are directly affected andclients Key Decision Criteria are identified to ensure
penalized by our inefficient solution-delivery.successful project completion - Estimated duration: 90
Management schools across the country breed newminutes or less.
generations of business thinkers one after the other.Discovery: During the discovery process the
But they rarely provide them with the framework inManagement Consulting team's job is to breakdown
which to think and deliver ideas. After graduate school,the functional findings and project requirements into a
those same thinkers end up, in large percentages, attechnical structure so that tasks can be allocated. This
management consulting firms. There again, aprocess involves an in-depth primary analysis.
framework is too often lacking.Estimated duration: 2 days or less.
Instead of teaching new consultants a way to deliverProject Plan: The project director drafts a Project Plan
advice, they are rather thrown into the lion's den withthat confirms the expectations of the client. The
no more than a pat on the back and a "Go get'emdocument lists all major functional activities and
tiger!" with the expectation that they will learn on theobjectives of the project. Once agreed upon, the
job. However, the quality of the On the Job Training, orProject Plan becomes the blueprint used by all in the
OJT as it's called, depends largely on the seniorachievement of the objectives.
consultant supervising the project. Too often, the pacePhase 4: Execution
of the work prohibits the effective teaching the newImplementation: At this stage, the client (Project
consultant should be entitled to.Sponsor) is given assistance in specifying what it is he
The "what" of management consulting, (I.e.: Generatingwants and when he wants it. The interaction between
ideas, finding solutions, and implementing those solutionsthe client's employees and the Management Consulting
inside the client's business) can't happen in a vacuum.team continues, solutions are sought and implemented.
When it comes to management consulting, the deliveryAlso, at this step the work is planned in terms of who
process or the "how" should be what primes. Because,will do what, when, where, how and with what
given a step-by-step process any business schoolresources. The Project Plan is then carried out.
graduate can think his way through a problem. SadlyInitiation/Research: All parties involved get to know one
without such a process, too often the finalanother better. Bonding relationships are formed. The
recommendation rarely offers a long-term solution forManagement Consulting team continues to gather and
the client.analyze information to properly hone the project.
Therefore, I would like to propose a new basicExecution: At this stage solutions are being
process. This process can be used regardless of theimplemented. Solutions may take several shapes
type of project, or the industry in which consulting. Thisincluding: trainings, standardizations, procedures,
process is what the consultants at Tumiza Strategyimprovements, re-organizations, documentations, etc.
Consulting, LLC use to ensure quality delivery andPhase 5: Evaluation
implementation of business solutions.Evaluation: In an ongoing fashion, the client and the
Here are the seven fundamental phases of thisManagement Consultant team look over the project
process:and their relationship and make adjustments to ensure
Phase 1: Making First Contact/Entrysatisfaction of client based on Key Decision Criteria.
First Contact: This is the first contact with the client.Recommendations: Regularly, throughout the project,
Discussion: At this phase the Business Analyst isthe Management Consulting team presents its findings,
identifying who the client is and what motivation thererecommendations and proposed execution plan to the
is to bring about change. (WILL-logical &Project Sponsor.
WANT-emotional FACTORS)Status Reports: On a regular basis the Project Director
Negotiation: Here the Business Analyst is exploring thedrafts Status Reports and meets with the Project
potential for working together with the client. This stepSponsor to share the progress of the project and to
also includes specifying the desired outcomes (generalre-align the objectives as necessary.
scope), deciding who is going to do what, agreeing onPhase 6: Termination
style, costs, timing and accountability. It's also at thisTermination: The Project Director and the Project
stage that an agreement is reached to move to theSponsor agree to conclude the project. The final
next phase.objectives are decided and concluded in the allotted
Phase 2: Surveytimeframe.
Preliminary Analysis: The Business Analyst(s) collectsClosing Letter: Project Sponsor shares all comments in
the data needed from the client and analyzes it in viewan official letter addressed to the executive
of improving Quality, Sales & Marketing,management of Tumiza Strategy Consulting.
Operations and Administration of the corporateClosing Questionnaire: Project Sponsor fills out a
endeavor. The actual analysis performed normallyclosing questionnaire.
includes a series of studies I.e.: Financial Ratio AnalysisPhase 7: Revision
- Business Efficiency Analysis - Business GrowthProgress Review: About 3-6 months after the project,
Analysis, etc.the management at Tumiza contacts the client to
Functional Findings Meeting: At this meeting theinquire about the project installations and their effects
Business Analyst (or team of Business Analysts)on the business. Additional solutions may be proposed.
presents the findings to the client in a report format.In summary
The report highlights the issues as encountered byThe world of business is becoming more intricate daily.
analyst(s), the concerns the client may have, proposedThe rapid rate of absorption of new technologies and
solutions, possible improvements, and anticipatedthe minimization of barriers between economies make
results and estimated net benefits of solutionthe expansion of business easier and more affordable
implementation, and cost of consulting services to installthan ever before. Even small and medium sized
the improvements.businesses can now compete with the giants of past
Proposal: Based on the findings, a proposal is drafteddays.
to show possible improvements, estimated net benefitsThe knowledge and wisdom of our management
to client, and cost of consulting services to install theconsultants cautiously reserved for the business elites
improvements.of before is now made available to small and medium
Phase 3: Management Consultingsized businesses as well. These smaller clients can't
Opening Meeting: At this meeting the Business Analystafford any inefficiency - their budgets can't permit it.
introduces the client to the Management ConsultingTherefore our industry needs to improve and
team, which normally includes a Project Director andstreamline its processes to ensure that we can serve
one of more Management Consultant. During theall our clients in the most optimized way.
meeting the client and consulting team ask clarifyingM. Joseph PS: And always remember: If you are not
questions to ensure full understanding of both parties'having fun, you are not serious enough!