StudentShare solutions
Got a tricky question? Receive an answer from students like you! Try us!

Book Report/Review example - Million Dollar Consulting by Alan Weiss

Only on StudentShare
Book Report/Review
Pages 3 (753 words)
The book Million Dollar Consulting provides deep and comprehensive analysis of consulting practices and gives practical advice to everyone involved in this sphere. Modern consultancies are supporters of change, who must adapt their service, consultancy methodology and interaction with other innovation agents to match client needs…

Extract of sample

Client relations are dominated by the consulting sector. As client needs for specialist advice change, so does the nature of consultancy, and it becomes increasingly difficult to distinguish between overlapping old and new requirements. A chief concern in human relations is to understand the visible and hidden selves of clients. Employees tend to judge as unacceptable behavior that deviates or appears to deviate from their own adopted norms. Very often, consultants do not take into account the role of clients' value and their loyalty. Alan Weiss underlines the importance of these concepts and their impact on effective performance. Client's value is much more important to clients and managers than previously imagined. With rising client expectations and legal requirements for better quality, clients are loyal only as long as the firm provides the best value. Statistically-based value management processes provide the only systematic way to continuously improve relative value (and cost) positions and thus recapture market share. Since many clients now count time rather than dollar cost as their most precious asset, a high-quality strategy provides little competitive advantage unless it is paired with low cost (i.e., low price and/or sacrifice reduction). ...
Download paper
Not exactly what you need?

Related papers

142 Million Reasons to Vote
Voting is one of the most important civic privileges we have.Voter participation results in a better informed citizenry, allows us to directly participate in our political system, and assures that our founding principles will remain intact for future generations.When people vote, it demands that they make a decision on whom to vote for. In their effort to choose the candidates of their choice,…
2 pages (502 words)
Manaement Consulting
Until recently, most managers treated differentiating principals as a support service. Now, however, every company and especially consulting firms must understand the broad effects and implications of the new differentiating principals and how it can create substantial and sustainable competitive advantages. (Wood, W., Lundgren, S., Oullette, J. A., Busceme, S., & Blackstone, T., 341)…
8 pages (2008 words)
Alan Mathison Turing
Alan Mathison Turing was an English mathematician, logician, and cryptographer. He is often considered to be the father of modern computer science as he has contributed immensely towards the field of computer science through his Turing test. Though not considered a philosopher, he is cited by many modern day philosophers. The Turing Test which is named after him is the most significant…
10 pages (2510 words)
Management Consulting Report
An effective workplace management would strategically empower management and employees with the necessary skills that effectively manage life changes. Regardless of what changes they might face, managers and employees are drawn towards strategically preparing themselves towards the change process. Some of the work situations often encountered are: being criticized by others for one's work, lack of…
11 pages (2761 words)
Comparative Analysis of Million dollar Baby and A Small, Good Thing
X. Toole's "Million $ Baby" and the connection of the Weisses and the baker in Raymond Carver's "A Small, Good Thing."…
3 pages (753 words)
Restaurant Consulting Firm
The next skill-set would be organisation and communication. Since the consulting service deals with interaction, communication skills are extremely important. The ability to talk convincingly and persuasively is very important. In addition to this, the services are mainly towards streamlining restaurants and their operations. Therefore, being extremely organized and proper is important.…
2 pages (502 words)