Pdf on Consultancy services in india

1. 1Techsys firm is hired to help their clients with a dilemma, for which specialist expertise or knowledge is needed which is otherwise lacking on the clients’ end. Another feature is that consultancy firms form an independent party, which can give the clients an objective perspective on the problems that their organisation struggles with, and can offer them solutions toward the problem. Involving a consultancy firm can also, in some cases, be more cost effective than if an organisation were to hire experts themselves. Furthermore, an organisation often simply does not have sufficient capacity to manage its change portfolio, which can be done by hiring an external consultancy firm instead. Professionals working within the consultancy industry are generally called ‘consultant’ or ‘advisor’. Often, specific titles are used referring to their knowledge of a certain advisory area or their respective sector of expertise (e.g. strategy consultant, healthcare consultant, procurement consultant, etc.) Even though the term consultant is not a protected title – in essence anyone could ascribe themselves the title of consultant from one day to the next – the consultants active within the industry are mostly highly educated professionals. They have gained their expertise in a particular field, or within a specific sector, after years of studying, training as well as by building work experience. From within their organisation, consultants are deemed to work with a professional demeanour, holding the right qualifications and capable of providing a high standard of service to clients. Consultants can work at a consultancy firm, operate as an independent consultant (freelance), or work as a consultant within an organisation outside the consulting industry