We’ve always been big believers in the growth potential of our clients. Today, we’re privileged to work with organizations that are on a new growth journey, one that pursues sustainability, inclusion, and economic growth, all at the same time.
Services
Consulting is a term for providing business advice on various topics including, corporate strategy, product development, marketing, information technology, and operational improvement. But what most people mean when they talk about consulting is management consulting.
Management consulting firms include top strategy firms such as Bain, BCG, and McKinsey. These firms hire business-savvy problem-solvers to help their clients:
Define the problems or opportunities their businesses face, Collect and analyze data to better understand the problem/opportunity and identify a recommended course of action, and Plan the implementation of that solution across the company.
What Is Consulting?
1. Assessment of symptoms: A client knows they’ve got a business problem (such as declining revenue or a new competitor in their market). They turn to a consultant for help getting to the root of the problem, as a sick patient would turn to a doctor.
2. Diagnosis: The consultant assesses the client’s business performance, taking into account similar problems they’ve seen at clients in the past, like a doctor would check their patient’s symptoms against known illnesses.
3. Prescription: The consultant recommends a course of action to improve revenues or meet a competitive threat, much like a doctor would tell their patient what’s wrong with them and prescribe medicine or recommend a medical procedure.
4. Bedside manner: The consultant has the experience to steer a client to the right course of action as a doctor would advise a nervous patient.
5. Follow-up care: The consultant provides the client with a step-by-step process to improve their business results, much like a doctor provides a patient with the steps necessary to regain their health.
Why Do Organizations Turn to Consultants?
Businesses typically engage consultants when faced with challenges that require expertise, objectivity, or additional capacity. Common scenarios include:
Expanding into new markets: Consultants navigate unfamiliar territories, identifying opportunities and risks.
Driving business growth: They develop strategies to boost revenue and improve operational efficiency.
Managing mergers and acquisitions: Consultants evaluate potential deals, assess risks, and ensure smooth integrations.
Improving product quality: By analyzing processes, they recommend enhancements that align with customer expectations.
Reducing costs and increasing profitability: Consultants implement Lean management and other cost-saving initiatives.
Building organizational capability: They help design structures and processes that empower teams and retain talent.
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations manage change, mitigate risk, and resolve disputes: financial, legal, operational, political and regulatory, reputational, and transactional. Individually, each of its segments and practices is staffed with experts recognized for the depth of their knowledge and a track record of making an impact. FTI Consulting professionals work closely with clients to help them anticipate, and overcome complex business challenges and make the most of opportunities. With operations in more than 30 countries, FTI Consulting generates roughly 65% of its sales in the US. The company was founded in 1982.
Publicis Sapient is the digital transformation segment of the Publicis Groupe. It offers consulting, data and artificial intelligence, enterprise platforms, digital marketing, and other services that help clients transform their businesses to compete for a global, digital audience. In addition, Publicis Sapient also provides a wide range of unique digital tools and assets called Digital Solutions and Accelerators. The company has clients in financial services, consumer products, health, retail, and transportation and energy. In addition to Walmart, Nestle, and Falabella, the company's clients also include Audi, British Gas, B&O, Loblaw Companies Limited, and Nissan. Publicis Sapient has nearly 55 offices throughout the world. It has been part of Publicis Groupe since 2015.
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