Definition of «consultancy»

The term consultancy refers to the provision of professional advice or services by an individual or organization. In a business context, it typically involves hiring a consultant who is an expert in their field and can provide guidance on specific issues such as strategy, operations, technology, marketing, human resources, finance, etc. Consultants often work with clients to identify problems, develop solutions, and implement strategies to improve performance or achieve desired outcomes.

Usage examples

  1. Hiring a management consultancy: The company decided to hire an external consultancy to help improve its operational efficiency and streamline its processes.
  2. Providing IT consultancy services: The IT consultancy provided expert advice on implementing the most suitable software solutions for the client's business needs.
  3. Financial consultancy for startups: The consultancy offered financial planning and budgeting services to startups, helping them create viable business plans and secure funding.
  4. Environmental consultancy for construction projects: The consultancy conducted assessments and provided recommendations on sustainable practices for a major construction project to minimize its environmental impact.
  5. Legal consultancy for mergers and acquisitions: A law consultancy was hired to ensure legal compliance and provide guidance throughout the merger and acquisition process.
  6. Strategy consultancy for market expansion: The strategic consultancy helped the company identify potential new markets and develop a market entry strategy.
  7. Human resources consultancy for talent management: The HR consultancy assisted in designing and implementing talent management programs, including recruitment, training, and performance evaluation systems.
  8. Energy consultancy for energy-saving initiatives: A consultancy specializing in energy efficiency provided recommendations on reducing energy consumption and optimizing energy use for a manufacturing company.
  9. Marketing consultancy for brand positioning: The marketing consultancy conducted market research and developed a strategic plan to successfully position the company's brand in the competitive market.
  10. Health and safety consultancy for workplace compliance: The health and safety consultancy conducted regular inspections and provided advice on ensuring a safe and compliant work environment for employees.

Sentences with «consultancy»

  • We're a global specialist recruitment consultancy in the technology, enterprise apps and digital spaces. (interpropeople.com)
  • I loved business and ran my management consultancy in banking for three years. (theauthorentrepreneurs.com)
  • This sample security consultant will serve as a guide when you are applying for consultancy services in the area of security. (resumeformat.org)
  • (see all sentences)
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