What Do Management Consultants Do? – Duties and Responsibilities

/ BLOG

What Do Management Consultants Do? – Duties and Responsibilities

A Management Consultant is a problem solver- that’s the simplest way in which you can describe what this job involves. As a Management Consultant, you are responsible for addressing the problems that are preventing a business from achieving its full potential. If you think that this sound like a very generic statement, well, you are not wrong because, in your capacity as a Management Consultant, you will essentially be working on problems in various aspects, departments of the business with a view to resolving them and gearing the business towards overall efficiency and growth.

Look at it from the business’s perspective to get a clearer picture of what you are expected to do when a client hires your firm for a Management Consulting project. Apart from the basic requirement that you are expected to identify roadblocks in the firm’s progress and resolve them, they have the following expectations from you:

  • You are an objective professional looking in: The firm has its own top management who are very familiar with its operations, financials, limitations, staff, etc. Why do they need to hire your Management Consultant firm or you then? Well, often, the people inside the business have too much of a personal stake in it to be able to see things clearly, especially problems that have been festering for long. An outsider like you, with the qualifications, the skills to identify and resolve problems, can view the business set up with complete objectivity. This objective viewpoint often ensures that you can pinpoint issues that the firm’s top management will never be able to spot.
  • You bring in specific expertise: The client company’s management may be skilled in aspects relevant to their own niche industry but if they are planning big moves, such as takeover or merger, they may lack the expertise to assess how it could impact the firm, whether it is a viable move or not. In fact, they may also need guidance on how to go about the process. This is a situation where a Management Consultant proves to be invaluable in lending some functional expertise that can ensure a seamless transition into the next phase for the firm.

 

Duties and Responsibilities of Management Consultant

The duties and responsibilities of a Management Consultant depend upon what kind of consultant you are.

Project Management Consultant

You will be called in when a client believes that their workflow or processes can be improved upon or when there are inefficiencies in these aspects. You will identify the inefficiency and propose solutions that can improve the workflow.

Business Management Consultant

A more general Management Consultant role, here you review the business, assess the deficiencies and offer solutions that will enable the betterment of the business process, as a whole.

Risk Management Consultant

Every business faces risk on all fronts- financial, technological, and general business environment risks. As a consultant, you assess the different kinds of risk the firm faces, evaluate the magnitude, and help mitigate them.

Change Management Consultant

You figure out where changes need to be made within the firm, and in what manner, clearly detail the requirements that need to be implemented and then guide the firm through the implementation, keeping in mind how they will impact the overall functioning of the firm.

Enterprise Content Management Consultant

You are tasked with carrying out discovery sessions with the client, identifying ECM/ BPM solutions and help the firm implement them.  You are responsible for assessing business requirements and coming up with solution designs to address those.

Property Management Consultant

You have to interact with various parties involved in the property-related operations, laying out specific plans to achieve desired outcomes and working with various professionals to achieve those.

Human Resources Management Consultant

You advise the management on ideal HR policies and procedures, develop a framework for the same and then also help the firm implement these or assess the existing framework and advice on how it can be improved for better productivity.

International Management Consultants

You help the client establish a foothold in global markets, achieve goals there by means of assessing if they are geared for such expansion and by proposing viable solutions if they are not.

Product Management Consultants

You are responsible for assessing the product management aspects of the client’s firm and optimizing them. Market research and product research and roadmap is also part of your portfolio here.

Quality Management Consultants

You take responsibility for assessing the various quality control standards in use within the firm with respect to a wide range of risks such as health, environmental, safety, etc.

No matter which field of consultancy you choose to specialize in, it is imperative that you have a good academic grounding to give your credentials the weight that will place you head and shoulders above your competitors. If you intend to set up your own consultancy, you should take special care to build a good understanding of financials apart from focusing on honing your Management Consultant skills. This will help you accurately assess the profitability of your business from the get-go.

Addressing the risks that your business faces are another critical task to do when you set up your consultancy firm.  It is important for you to consider investing in professional liability insurance for management consultants that can protect you against negligence, omissions or error in judgment on your part. The bigger your clients, the larger the dollar value of the projects, the more imperative it is for you to have the right kind of Management Consultants insurance to protect your business from legal claims.

What Does a Management Consultant Do Day to Day?

The first thing you should know is that every single day in your life as a management consultant may be dramatically different from the previous ones. That is one of the biggest appeals of this career choice and the reason why so many people wish to enter the field. It is exciting, unpredictable, and promises something new on a continuous basis. That said, it may be possible to give a basic, very general idea of what you may be doing daily.

  • The day usually starts with the management consultant checking emails or messages to know what has been happening at work and what needs to be followed upon.
  • The next thing to do is line up client meetings where you will be discussing new projects or existing ones that you have been working on.
  • Interactions with team members to get an update of what is happening on various fronts is what follows the day’s plan is made.
  • Now is the time to prepare for your client meeting beforehand, making sure you do not get caught unawares during the interaction. Prep time maybe during your commute to the client’s place or you may allocate some time to it if the commute is not long.
  • Once you are prepped, you meet your clients, give them an update about the project or discuss what it is that you can do for them.
  • You come back to your team, probably already having in mind how to delegate the new project or the new tasks in the existing one. While you are doing so, you also get to know what the team has been up to until now.
  • Once this part is done, it is time for you to get down to your own deliverables for the rest of the day.

Typically, this is how you would want your day to pan out. However, a client call likely makes you drop your plans and come up with a quick solution to an issue that has cropped up or a new client calls in with a request to meet immediately, or perhaps a team member needs your help with a specific task. Your life can be unpredictable, but there is no doubting that as a management consultant, you will lead the most exciting, productive life!

Compare quotes in minutes with no obligation to buy

Get Quotes

Compare quotes in minutes with no obligation to buy

More than 6,000 customers covered by top-rated insurers.

Get instant quotes
MOVING FORWARD, I WILL BE SENDING ALL OF MY BUSINESS TO THIS COMPANY !!!! Incredible customer service!!! Thanks
THEODORE WELLS
THEODORE WELLS
19:49 09 Sep 21
Daniel Patrick Sullivan
Daniel Patrick Sullivan
16:49 07 Sep 21
Their representative clearly explained different kinds of policies to help me select the one appropriate for my needs and then helped me enroll by phone painlessly. By the end of the call, I had a policy in place.
Dissent Doe
Dissent Doe
22:21 02 Sep 21
Sheree Williams
Sheree Williams
19:39 27 Jul 21
Eugene was Awesome!!!!
Lakesha G
Lakesha G
17:19 21 Jul 21
Excellent solution for writers and authors professional liability policy as well as coverage for copyright and trademark infringement. Service was prompt and excellent.
Lane
Lane
18:22 22 Jun 21
Jugrid Ombisi
Jugrid Ombisi
16:26 15 Jun 21
Done in less than an hour!
William Opperman
William Opperman
00:30 02 Jun 21
Efficient, and great value. The agent was able to give us a quote and a new policy in a short period of time. Thank you
Brenda Jones
Brenda Jones
20:30 24 May 21
I had a great experiencing obtaining several of my insurance needs as a landscaping company here in Northern Colorado. BizInsure's team took care of my needs and was very responsive to help with paperwork needed to secure a potential client account!
Arik Solberg
Arik Solberg
16:34 10 May 21
Adj Ako
Adj Ako
16:47 05 May 21
Very efficient they were able to help me out with my request promptly....highly recommend this companyI am very happy to have them
Elba Perez
Elba Perez
18:50 26 Apr 21
I need a help getting errors and omissions insurance along with general liability. Jose was very friendly informative and was very patient with me during the process. He found me some of the best rates for the coverage that I needed. Highly recommend
Casper Martinez
Casper Martinez
19:51 20 Apr 21
I had numerous conversations with several business insurance agents over a month's time. I also had several conversations confirming the policy inclusion/exclusions and asked many questions. My BizInsure agent was professional, knowledgeable and most important—detail oriented. Even after having an initial conversation a month earlier he knew and *remembered* all my personal/professional insurance needs. When I asked for additional information on the third call he was able to provide me with details very quickly. He was also VERY patient. That is a big plus in my opinion. It illustrated a high level of respect for my needs. I also found when I called back and asked to talk with the initial agent, the person who answered the call was able to get in contact quickly and my agent responded and returned the call within 5-10 minutes. The transaction was smooth, and I think it's a good sign should I ever need to make a claim. I highly recommend BizInsure.
Poetic Films
Poetic Films
21:00 07 Apr 21
Sandra Darjean-Murphy
Sandra Darjean-Murphy
17:48 31 Mar 21
Jusephine Ghong
Jusephine Ghong
17:58 23 Mar 21
The rep was extremely helpful actually lowered my quote and made sure I was covered to fit my needs with my growing business! 5star!!
Franklin Behm
Franklin Behm
19:04 16 Mar 21
Excellent service and prices.
Cassiopée V Lapierre
Cassiopée V Lapierre
23:13 09 Mar 21
S & S Professional care llc Home Health Agengy
S & S Professional care llc Home Health Agengy
04:15 24 Feb 21
Mr. Daniel Scott was very responsive to my professional needs.
Stephanie Woodruff
Stephanie Woodruff
17:38 18 Feb 21
Eugene deserves a raise! First time purchasing insurance and he made the process so simple for me. His patience and attention to detail left me feeling confident in my decision to choose BizInsure. Gracias Eugene!
Esined Perez
Esined Perez
23:32 17 Feb 21
DIVINE FIJIANS HOME CARE SERVICES
DIVINE FIJIANS HOME CARE SERVICES
22:49 05 Jan 21
The customer service provided by Jose was outstanding. He explained everything in a very clear/logical way and answered all of my questions. After providing all the information to obtain general liability insurance, Jose sent me the declaration page of the insurance for review. All of the information matched what I provided over the phone and there were no typos. The next day I called back to purchase the insurance which was easy and fast. Overall, my experience with BizInsure including the customer service by Jose exceeded my expectations.
Joe Wajdula
Joe Wajdula
03:29 12 Dec 20
Hiscox/BizInsure made getting Liability Insurance very easy and reasonable.I expected it to be a long and complicated process and it was a nice surprise that they made it so uncomplicated. Thank you. Lisa
Lisa Word
Lisa Word
21:51 24 Nov 20
Eugene was incredible. I called 4 other brokers before him who were impossible to get any help.
rhonda hale
rhonda hale
23:26 12 Nov 20
Owner (LPN)
Owner (LPN)
23:19 06 Nov 20
Cincere Browdy
Cincere Browdy
15:16 29 Oct 20
Very quick to get in touch with you and good with follow up. Had some trouble retrieving my quote to log into my account initially but Daniel assisted me and the changes were made to get me into my account. Great value for the money.
Fran Sutton
Fran Sutton
16:34 20 Sep 20
Very happy to be insured with this company. Professional, Timely, very helpful. Thank you Juan, you made it so much easier for me to understand.
Aileen Day
Aileen Day
19:55 15 Sep 20
This company responded when I needed them to respond while facing a deadline. They are an excellent choice for business Insurance.
Michele Harris
Michele Harris
01:52 12 Sep 20
Jose Quintero took such great care of me and was very patient explained everything I did not understand and got me set up quickly. Fabulous customer service
Christina Rose
Christina Rose
02:41 27 Aug 20
I can't say enough good things about Daniel Santos kind and effective communication skills as an insurance agent. Daniel was so pleasant, friendly and efficient with helping me obtain insurance as a teacher. If I were to give Daniel a grade, he has earned an At . He made the process easy to understand, it was far easier than what I anticipated. Nancy S.
Nancy Sloan
Nancy Sloan
00:47 26 Aug 20
I was in need of professional liability insurance for my sole proprietorship. A friend referred me. Everythng was quick and simple and AFFORDABLE!
hope jones
hope jones
20:31 25 Aug 20
If you need Private Home Care Provider insurance for your company, BizInsure, LLC can get it for you!
Pamela Curry
Pamela Curry
16:45 24 Aug 20
Cameron Peek
Cameron Peek
19:25 24 Jul 20
Great and fast service!!!! The representative was very professional!!!!
Tanya Sweet
Tanya Sweet
19:51 14 Jul 20
I was tryi9ng to find commercial liability insurance for my new comp-any and BizInsure was easy to use and very affordable which is great for me as a new business.
Jimmy Smith
Jimmy Smith
19:01 14 Jul 20
Great service, but they're also extremely patient. I called over a month ago for specialized E & O coverage, and Bizinsure was able to put me in touch with an extremely reasonable quote. Absolutely invaluable time and monetary savings to be had by going through these folks. If you can-- ask for Anthony. Absolute gem of a human.
James Lang
James Lang
18:19 02 Jul 20
Ken M
Ken M
23:21 28 Jun 20
Great service insurance prices are great for professionals looking to get insurance for businesses....
Rhonda Gray
Rhonda Gray
22:34 22 Jun 20
The provided very professional service and made the process easy.
Paul Rising
Paul Rising
21:51 04 Jun 20
Bradley Hoyle from the Biz Insure team was excellent to work with. Everything was quick and smooth. Great service, much appreciated!
Kristene Smith
Kristene Smith
02:03 04 Jun 20
Anthony Spencer was great!! Very quick response time!! He was very Professional! I would suggest him because he helped me find a affordable rate and explained all the technicalities..
Fre Hall
Fre Hall
16:38 28 May 20
I was referred to Bizinsure by a industry trade group that I am a member of. It was easy to get a quote online and then received excellent customer service from Bradley H. to complete my policy purchase over the phone. I have shared this company information now with other business owners for their policy needs.
Dawn Torres-Gale
Dawn Torres-Gale
22:11 08 May 20
This company was very precise with explaining services and made sure I chose the right business insurance coverage, great customer service at purchasing.
Nekeisha B.
Nekeisha B.
01:30 05 May 20
Amazing
Jasmine Q
Jasmine Q
14:31 02 Dec 19
Trish is the most patient, professional and understanding insurance agent I’ve ever worked with. Trish has taken care of all my business insurance needs for the last couple years. I am really happy that I found an insurance agent that I know will take care of me & all of my concerns. I feel like a valued customer & I appreciate the great customer service that I get every time!!THANK YOU!
Dr. Youssef C. Atallah
Dr. Youssef C. Atallah
17:21 14 Nov 18
Tricia helped me get insurance for my business. The task of obtaining a quote was really starting to frustrate me until I was referred to BizInsure through a different agency. Tricia got me a quote fast, and even took a down payment over the phone and issued the proof of insurance the same day. a+ service, would do it again in a heartbeat!! Thank you!!
Josh Mariscal
Josh Mariscal
18:07 22 Jun 18
BizInsure was a great find! I did not have to fill out applications, and Tricia was able to quote and bind business insurance for me within half an hour.
Allison Young
Allison Young
17:28 21 Jun 18
Started doing business again and needed a policy fast. Ramez was reasonable, helpful and the rates are OK. Buyer beware? Sure, for me it turned out OK this time. Worth a call.
Mark Wallace
Mark Wallace
23:42 13 Nov 17
Daniel Scott
Daniel Scott
15:15 27 Jun 17
Great customer service. I've been very inpressed with my dedicated representative that had helped me navegate my insurence needs. Thanks so much!
Graham Blair
Graham Blair
22:12 23 Jun 17

Popular Searches