What is management consulting?
Companies in today’s dynamic environment, are awash with various challenges and complexities. Important aspects of business - Customers, Business Processes, HR, Finance, etc are usually run with traditional methods. Information is usually gathered but not analyzed, decisions are made on the basis of guesses, not facts. Moreover, they lack tools, methods and expertise for tackling problems. Therefore, companies usually maintain the status quo, and opportunities go unnoticed.
Hence, management consulting comes into the picture. Management consulting primarily supports companies to improve their performance and decision making, through analysis of organizational problems and development of fact-based strategies and activities. Management consultants bring innovative ideas and techniques to make sure the best decisions are taken for their clients’ complex business problems.
Business Impact Division
Business Impact Division (BID) is a management consulting unit under Center for Research Excellence (CRE) at Kathmandu College of Management (KCM) that specializes in assisting companies by providing valuable insights, alternatives and solutions to specific problems, needs and challenges. BID believes in developing a culture of Research Based Decision Support System (RDSS) in the corporate sector through its value-based inputs and assistance.
At BID, we channel our academician’s knowledge regarding the best management practices with experienced professional prowess to provide valuable fact-based insights, solutions and alternatives to the client’s specific problems and needs.
BID understands the challenges that the current Nepalese business scenario faces with increasing competition, changing work culture and global dynamic work environment. With constraints of time, resource and money, it is difficult to find solutions to the core issues so as to sustain a successful business. BID provides access to innovative ideas and competence by connecting businesses with a wide range of academic expertise and specialist industrial knowledge to resolve issues, create value and improve business performances.
We create value for you by finding appropriate measures to help you achieve high performance by resolving critical issues and exploring better opportunities to deliver the desired targets. We provide individually tailored solutions and recommendations in the following business aspects
Strategy and Operations
We work with you directly to develop practical strategies that capitalize on opportunities and strengths while minimizing threats and weaknesses by demonstrating operational excellence. Our strategy and operations services include:
Organization and People
We make sure you can increase your productivity and competitiveness by understanding your human capital requirements and delivering people skills that each one needs. Our Organization and People services include:
We make sure our clients analyze their financial situation and pull the right strings to make better informed decisions. Our Finance services include:
We help you discover your proper customers and market insights for you to identify new opportunities and translate them into actionable plans. Our Marketing services include:
Our team is an amalgam of knowledgeable academicians and experienced professionals that have the required skills and expertise to critically analyze and solve practical problems and deliver effective and viable solutions to your needs.