What does a management consultant do?

Management consultants are hired by decision makers for advice on, among others, strategy, and organisational matters. They can be asked to develop a new strategic plan to, for instance, realise more growth, or commissioned to advise on innovation or cost reduction strategies. Assignments can vary from improving the efficiency of business processes, the implementation of new IT systems, outsourcing of non-core tasks or optimising the supply chain. Management consultants typically remain involved until change transitions are complete and new ways of working have become part of 'business as usual' operations.