The intense competition in the business consulting sphere
With the rapid development of the business management consulting sphere and the intense competition in it, the consulting firms need to develop effective strategies for improving customers’ satisfaction with their services and creating a competitive edge. F.A.R.M (Fontenot, Anderson, Ramsey, and Maye) Business Management Consulting Firm as a dynamic group with clearly defined roles and responsibilities provides high-quality consulting services and aids clients in meeting their business objectives by transmitting valuable expertise.
The inner organization and strategy of F.A.R.M
This paper addresses the major benefits of cooperating with F.A.R.M., covering the issues of the organizational structure of the firm and the strategies which the team uses for enhancing the effectiveness of client-consultant collaboration. Focusing on professionalism, as one of the core elements of the F.A.R.M. philosophy, the company recently implemented the skills assessment matrix while assessing the skills and abilities of its members for defining their spheres of expertise and responsibilities and transferring their skills to customers more effectively.
Mehta (2009) noted that “One of the reasons why skills transfer still appears among the attributes of good consulting is that it is hard to achieve in practice” (p. 17). The inner organization and the methods of cooperation with customers of F.A.R.M. aid for analyzing the cases of the clients’ companies, defining the specific gaps in knowledge and skills, and developing the strategies for skills transferring from the consultants instead of providing ready-made recipes and solving a single problem.
The advantages of cooperating with F.A.R.M
The focus on professionalism, clear role identification and distribution of responsibilities helps to consolidate the strengths of the team and make the cooperation with F.A.R.M. as a successful Business Consulting firm beneficial for its clients.
Conclusion
The popularity of the outsourcing of the consulting services
The outsourcing of consulting services is popular among contemporary companies that can choose from a wide range of consulting firms by comparing their advantages and disadvantages. The analysis of the strategies and tools of the F.A.R.M. Business Consulting firm shows that the inner organization of this firm aims at enhancing the effectiveness of collaboration with clients and improving the outcome by transferring the necessary skills.
The inner organization and the customized approach to the solution of the clients’ problems in F.A.R.M
The clear role definition, the distribution of responsibilities, and the focus on professionalism are the major advantages of the consulting company under analysis. The inner organization of the firm creates favorable conditions for using the available resources more effectively and aiding the customers in improving their operations and achieving their business goals. Taking into account the specific skills and expertise of each member of the team, the firm allows them to take advantage of their knowledge and skills and contribute to the realization of the company strategy and increasing the customers’ satisfaction with the provided consulting services.
The focus on professionalism predetermines a thorough analysis of the case of every single customer for defining the gaps in the expertise and developing the strategies for transferring skills. Thommen & Richter (2004) noted that “Strategy development is always the result of a unique, unconventional search for the best solution for the specific case at hand” (p. 16). The customized approach to the solution of the clients’ problems enhances the effectiveness of the client-consultant collaboration and improves its output significantly, leading to long-term consequences for the client company in general.
The major advantages of the F.A.R.M. Business Consulting firm
The organization and the strategy of skills transfer are the major advantages of the F.A.R.M. Business Consulting firm which makes it successful and ensure the high quality of the services it provides.
Reference List
Mehta, P. (2009). Management consulting in practice: Efficient ways of performing business tasks. New Dehli: Global India Publications.
Thommen, J. & Richter, A. (2004). (eds.) Management consulting today: Strategies for a challenging environment. Germany: Gabler.
“Strategy development is therefore always the result of a unique, unconventional search for the best solution for the specific case at hand” (16).