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Week 3

The main topic of last week’s business consultancy lecture was process consulting to come to solutions. At first, we summarized and repeated last week’s key points, and afterwards we spoke about the definition of process consulting, methods that are often used in this approach (like for instance a research plan, solution development and the SAFe criteria for evaluation), and we also learned about the required or desired skillset for management consultants. At the beginning, I would like to briefly summarize what process consulting is all about. With process consulting it is important to point out that it differs greatly from the expert or doctor/client approach. A consultant who uses process consulting does not focus on being an omniscient expert whose solution is an enormous improvement over anything the client has ever done before. He tries to build a relationship with the client and create a productive atmosphere to find the best possible solution to the real problem. He does...

Week 2

In last week's business consultancy lecture, we spoke about business problems, group problems, group dynamics, the 5 stages of group development, the 3-level question technique and stakeholder management. As far as the definition of business problems is concerned, to be honest, I have never heard a more appropriate and versatile definition. We have assumed that a business problem is a gap between where the customer is now and where he wants to be. To tell you the truth, I've never thought about problems that way before. Personally, I've always seen problems as issues that need to be addressed because someone made a mistake or external factors changed and you didn't anticipate the development and impact on your business. Looking at problems as gaps means that you can solve any problem by finding the missing part, while my previous point of view implied that to solve a problem, a mistake must be corrected. Another thing that made me think about previous projects...

Week 1

At the beginning, I would like to briefly explain why I chose Business Consultancy as a module during my exchange semester at LJMU. During my studies, I was often asked the question in which area I would like to work later and I still cannot clearly define it. On the one hand, I enjoy working with numbers and logical contexts. On the other hand, I like to give presentations and social contacts during work are very important to me. I would like to work in an international context and love to travel and have often lived in other European countries for several months. Based on these points, I have often been recommended to look at the area of management consulting, especially in the M&A or financial advisory area. I think this would fit very well and I will also do an internship in the future. The course is intended to give me a deeper insight into the work as a consultant to broaden my previous knowledge as well as to make it easier to decide on, for example, my field of stud...