Principles of Management Consulting and Ethical Framework

What Will You Learn?

• Understanding the Role of Management Consultants:
• Learn the key responsibilities and functions of management consultants.
• Gain insights into how consultants influence business strategy and operations.
• Ethical Standards in Consulting:
• Explore the ethical framework guiding consultants, including honesty, confidentiality, and objectivity.
• Understand the importance of maintaining integrity and professionalism throughout consulting engagements.
• Consulting Methodologies:
• Study well-known consulting methodologies such as McKinsey 7S, BCG Matrix, and Porter’s Five Forces.
• Learn how to apply these frameworks to solve complex business problems.
• Consultant-Client Relationship Management:
• Understand how to effectively manage client relationships, set expectations, and maintain clear communication.
• Learn how to handle difficult clients and resolve conflicts ethically.
• Decision-Making in Ethical Dilemmas:
• Master decision-making frameworks for navigating ethical challenges and conflicts in consulting.
• Learn how to balance business interests with ethical principles in real-world scenarios.
• Risk Management in Consulting:
• Understand the principles of managing risks during consulting engagements and how to mitigate potential ethical conflicts.