Consulting Services for New Innovation Success

Consulting Services for New Innovation Success

Companies across industries, sizes, specialties, and functions turn to consultants for a variety a reasons, but the # 1 reason is because they need help and expertise in areas beyond their experience. After honing in on what exactly a consultant is to accomplish or achieve, business leaders need to know how to effectively utilize their services for maximum results.

In this article we discuss some of the most common reasons for hiring a consultant and reveal ways to make the relationship a success for your company.

Why Use Consulting Services?
If you’re looking to achieve significant change or growth in your organization, then you’ve probably already thought about consultation services. But on the off-chance that you haven’t, why not?

Consultants are experts in their field who work alongside businesses and organizations to accomplish company goals. Rather than relying on in-house resources only, which are often spread thin or don’t have the experience or mastery in the area you need, you can hire a consultant with a proven track record of results.

Not only can businesses reach their goals of expansion much faster and more cost-effectively with a dedicated consultant, but they can also benefit greatly from expert knowledge, experience, savvy, and skill. While an issue, outcome, or desire is being tackled by a consultant, leaders and their employees can maintain focus on what they know and can do best.

With that said, not every consultant is the same, and it’s up to the business leader and the organization to find the right fit for the business’ needs and goals. Keep reading to discover how best to access and manage consultation services for a successful relationship.

Choosing the Right Type of Consultation Services
Consultation services typically fall into one of two categories: strategic and functional. As one might imagine, a strategic consultant focuses on the company as a whole, or at least large parts of the company. The individual consultant, or consulting firm, primarily advises upper level executives and leaders to carry out, or implement strategy throughout the organization. Some examples of where a functional consultant would be of service includes…

  • Creating and implementing an employee training and/or education program.
  • Expanding outside of the target market or territory.
  • Introducing a new brand or pivoting the existing brand to stand for something new.
  • Reformatting the structure of management, executives, and the hiring process.
  • Identifying a problem and providing solutions based on the organization and the consultant’s expertise.
  • While strategic consultants work alongside leadership and staff to achieve business outcomes, functional consultants more often work independently to complete the task-at-hand. Functional consultants, simply put, are there to function. They perform within their expertise to accomplish something mutually agreed upon. Functional consultants would be better suited for the following types of jobs…

  • Adding additional functionality or updating the user interface of a website.
  • Implementing new software and training staff on functionality.
  • Providing legal advice on a particular issue.
  • Completing annual tax filings.
  • Evaluating structure and safety needs for the physical workspace.
  • Often times, established strategic consultants and consulting firms have a network of functional consultants who can put the strategy into action. This solution provides comprehensive support for both the business strategy, as well as the necessary duties for implementation.

    If You’re Thinking About Hiring a Consultant…
    Hiring the right consultant for your business is step one. This may seem obvious, and it is, but it’s also extremely important to achieving desired outcomes. There are millions of consultants to choose from, so specificity is crucial when searching for the right fit. If you are thinking about hiring a consultant, here are some things to consider when evaluating, vetting, and interviewing potential consultants.

  • Are they experts in their field? If your goal is to create and implement an employee education program then you want to work with consultants who specialize in education. Of course there are consultants who provide a variety of services, but when you can find an expert who has devoted time, research, understanding, and has proven experience in the industry, they will most likely get the best results.
  • Can they prove their success? It’s one thing for a consultant to claim success, but it’s another to actually prove those outcomes with case studies and referrals. Make sure the results you want are results the consultant has delivered in the past for clients similar to your business.
  • Do they provide all the resources you’ll need? Depending on your goals and resources, you may only need one type of consultant, or you may need a holistic group that includes strategy and function. Identify your needs together so you can be sure to stay within timeline and budget.
  • Will they work well within your company culture? Paint a picture of how you see the consulting relationship working on a day-to-day basis. Will you need to speak with them regularly or once a month? Do you expect ongoing results or end-of-contract results? Will consultants need to be on location or working remote? Be forthcoming with expectations so that you not only gets results, but you enjoy working together.
  • If You’ve Hired a Consultant…
    It’s easy to blindly follow a consultant and wish for the best, but that could also end in a “too-little-too-late” situation. Even the most recommended, highly sought after consultant can make mistakes, misread something, be wrong, or overestimate. As an organizational leader or the point-person for a hired consultant, it’s your job to question results that don’t look correct, or on the other hand, look too-good-too-be-true. Ask questions about how strategies were implemented, what split tests performed best, why one idea was chosen over another, or when new components will be introduced.

    Not only is a consultant there to help accomplish business goals, but they can also help business leaders and employees learn about the innovations being implemented. If you have no experience with the system you’re introducing, and you’ve made the intelligent decision to hire a consultant, try to gain some understanding to make informed decisions down the line.

    The consultant will certainly be learning a lot about the company, so why not learn from the consulting side as well? The extra knowledge will foster a better understanding between the two sides, and you may find you don’t need a consultant next time a similar issue or outcome needs to be addressed.

    To get these lasting results a consulting relationship must be collaborative. Yes, consultants are often paid by the client company, but that doesn’t mean they fully understand the vision, brand identity, company culture, specific outcome expectations, and history. It is important to take company know-how and pair it with the consultants’ experience, knowledge of technology and software, understanding of industry, and background in implementation to make the outcomes work for the business, its employees, and its culture.

    Utilizing consultation services, specifically for high level projects involving strategy and new innovations, is an intelligent move for agile business leaders. Once the right consultant is in place with clearly defined goals and outcomes, organizations quickly gain the expert knowledge and experience necessary to implement smart solutions. Through collaborative efforts, both the business and the consultant can achieve the necessary outcomes for growth and achievement.

    by

    No Comments Yet.

    Leave a comment

    XML Sitemp | HTML Sitemap

    Contact Us!