Developing the Business Strategy for a Consulting Company
Irina Anatolievna Kiseleva1, Natalia Alekseevna Sadovnikova2, Mikhail Vladimirovich Karmanov3, Vladimir Ivanovich Kuznetsov4, Mikhail Samuilovich Gasparian5
1Irina Anatolievna Kiseleva, Plekhanov Russian University of Economics, Moscow, Russian Federation.
2Natalia Alekseevna Sadovnikova, Plekhanov Russian University of Economics, Moscow, Russian Federation.
3Mikhail Vladimirovich Karmanov, Plekhanov Russian University of Economics, Moscow, Russian Federation.
4Vladimir Ivanovich Kuznetsov, Plekhanov Russian University of Economics, Moscow, Russian Federation.
5Mikhail Samuilovich Gasparian, Plekhanov Russian University of Economics, Moscow, Russian Federation.
Manuscript received on 08 March 2019 | Revised Manuscript received on 15 March 2019 | Manuscript published on 30 July 2019 | PP: 3834-3838 | Volume-8 Issue-2, July 2019 | Retrieval Number: B2465078219/19©BEIESP | DOI: 10.35940/ijrte.B2465.078219
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: The global experience of leading companies indicates that successful development of a firm – in particular, of a consulting firm – and improvement of its performance are impossible without a properly formulated strategy as a set of measures aimed at achieving a certain goal. The relevance of this article lies in the fact that operation of any enterprise is accompanied by risks, which necessitates formation and application of a business strategy within the competences of various departments. Attempts to research and develop the business strategy for a consulting company are made in this article. The current businesses are run in a highly competitive environment. Taking adequate decisions requires a deep, comprehensive assessment of the situation and a reliable forecast of the outcome. The key stages of developing a business strategy for a consulting company are identified, possible alternatives to the strategic choice are defined, measures to monitor the implementation of strategic decisions are found, and foreign and Russian examples of building the business strategy for a consulting company are provided.
Index Terms: Consulting, Business, Services, Strategy.
Scope of the Article: E-Business,