Zinnov

Most companies today, believe Mergers & Acquisitions are an effective way to strengthen a business. It contributes to the synergies of organizations, increases operations, accelerates the delivery of quality work, and increases market share. Key mergers & acquisitions are a part of every other corporate giant’s strategy. It helps the big companies take over large market shares with diversified products and services. It gives them access to newer technologies and allows the upcoming companies to penetrate deeper into the market, be part of an innovative change, and improve their offerings. There is one process that is elusive to most businesses which can be made possible by mergers & acquisitions – strategic agility. Agility refers to an organization’s capacity to continuously update and reinvent itself to stay relevant in the marketplace amidst a volatile environment. Companies that are strategically agile are able to make quick decisions, create distinctive por...

They help businesses define a strategic growth plan. They help companies by designing innovation models. They join hands with organizations to assist them in achieving meaningful business impact. These are Global management consulting firms , and they have the power to transform businesses from the inside out. However, in today’s marketplace, due to various factors, management consulting firms too face a host of business challenges. Let’s understand them a bit better. Gaining New Clients Signing new clients is one of the most common challenges faced by Management Consulting Firms . In a client-driven industry like management consulting, the consultants should constantly keep updating their business approach in order to keep up with the ever-evolving dynamic technological world. Most consulting firms today consider attracting new business as the number one challenge. Attracting Good Talent As client requirements change, there is a need for unique talent with skills to d...