What are the Myths & Misconception about Consultant or Management Consultant mostly people thinks?

What are the Myths & Misconception about Consultant or Management Consultant mostly people thinks?

Read More About Management Consultancy Click Here 

Many people don’t know much about the “Management Consultancy” or “Consultancy” profession. If you want to know more about it Read It Here. People when think of taking consultancy of any problem their first reaction is like “Why we need consultants to solve our problem? 

He is a third part person how he can solve our problem?” these are some common reactions but some people thinks that hiring a consultant or taking a guidance from management consultant for an organizational problem is a very expensive thing that people can’t afford. 

Here I would like to inform you that the consultancy or management consultancy profession is not bounded by such assumptions it’s way more then that, beyond, and dynamic thing if you want to explore particular about this then read the article Here.

  Let’s find out what are the Myths & Misconception about Consultant or Management Consultant mostly people think?

1] Consultant always ask for high fees and does not deliver the required performance.

Sometimes people judge without knowing the consequences of any particular situation or case or client. Please don’t forget that after hiring a consultant both [client & consultant] has to sign the agreement which both parties agree on to perform the desired actions against the problem or any other management consultancy help including the fee structure. One should think that it’s like you are doing a good and long term investment for your business when you hire a consultant. 

A good consultant will never give you any kind of false information or false commitment for the sake of generating business ware as he/she will give you the realistic and practical approach towards your problem and always provide you the SMART [Specific, Measurable, Achievable, Realistic, and Timely.] solutions including required business analysis. These days Management Consultancy is more than Philanthropic Advisory in INDIA. 

2] All CEOs, Directors are buddies of Management Consultant.

We all agree that a management consultant or consultant has to work with the team head or team leader, CEO & Directors of the company, management team of the company. Some people think that “CEOs, Directors are buddies of Management Consultant” which is false. Keep in mind that “Management Consultancy” is a very high professional career and there is no place for any single error while decision making. When you work with all professional ethics then there is no place for any kind of developing friendships or personal contacts. 

3] The guidance of the consultant is the same that you already know or you tried the same solution to solve the problem.

 

Many people and the business owner thinks this that as an owner we know our business very well then how come this third part person will provide the perfect solution to our problems they will give the solution for the sake of giving the solution which is again false. One should educate ourselves that all management problems are solved with combined efforts of management consultants and the respected companies owner or management team. 

The work of management consultants requires a lot of gathering information, collecting real-time data, performing business analysis, looking for permutations and combinations working towards any problem and they will tell you the real root cause of the problem and the possible solution to overcome on it. 

4] The Consultant lives a very lavish and luxurious lifestyle.

 

A lot of people think this that when you become a management consultant then you can live the lavish and luxurious lifestyle you are allowed to travel the world with business class flights, having food at five-star and luxurious restaurants, enjoying parties in pubs and lounge bar, etc. and all the expenses are covered by the client.  This statement is also false. Frankly speaking to live the lavish and luxurious lifestyle you have to work hard on your dreams if you have dreamed about living the lavish and luxurious lifestyle. This management consultancy profession will make you rich through all knowledge and skills which is more important than living the lavish and luxurious lifestyle.    

5] The Consultant does not stick on their advice.

 

This is one of the most common judgment people make that “Consultant does not stick on their advice” once the consultation did they will forget the problem and the issue and if the same client comes next time then the consultant will start solving the problem similar like-new problem and will give some another advise and let the client move back and forth only for sake of earning money. 

You have to educate yourself that management consultancy is a dynamic process and why the solution to problem changes is because of some consequences and certain conditions. But again all the process of consultation is discussed before solving any problem with respected management then it’s allowed to take a certain action.

 

In the end, what matters is the choice you make. In the world, plenty of good management consultants are there whose mission is to help the business around the world. 

If you are looking for any kind of management consultancy then we are here for you. Do visit: www.puissance-we.com  

Lessons Learned from Lockdown

Lessons Learned from Lockdown

These days will not last longer we need to fight against Coronavirus Pandemic 2020. Do Support health care systems and respected government action plans against COVID-19. I know we are in lockdown safe at our home. #StayHome #StaySafe have you observed so, many things have happened with you in this lockdown. 

I know you might be thinking what are those things? Right? First of all, stop complaining about the excuses for laziness. Now you might be knowing how to keep yourself productive if not then read it here.   Let’s see what the lessons we learned from this lockdown period are.

1] Cooking is possible with help from family everyone can help each other and have the meal together.

2] We have stopped eating all junk food. We are enjoying homemade fresh food.

3] Spending less amount of money on food purchases.

4] Ultimately we are dependent on farmers, doctors for life.

5] No rich or a poor person is  going to save a life only Doctors can.

6] Again proved our basic needs are food, clothes, and shelter

7] Luxury is not a necessity 

8] The Oil industry is of no use without consumers.

9] Strategic planning, management consultancy, and smart work are the key areas to boost the business.

10] People can work from home

11] People understood the importance of technology

12] People have also understood how the animals feel when they are kept in the cage.

13] In this such high competitive world humanity has a bigger place.

14] People can find more ways to reduce pollution since lockdown the level of pollution is reduced and everyone experiencing the fresh air.

15] People have also understood how important is to manage our own house rather than just professional life. 

16] Unity exist in people

17] A Lot of people are there in this world who has a big heart for helping those who are needy.

18] All digital entertainment is meaningless

19] People are admiring the real-life hero’s rather than on-screen hero’s 

20] People have understood the importance of our Police Force.

Finally, we are blessed to have our Prime Minister Narendra Modi Ji. And thank you to all police officers, doctors, nurses, and medical coworkers. Let’s Fight Against COVID-19. #StaySafe #StayHome    

What you learn from this lockdown please write it in the comment section.     

Let’s Explore what are the Productive Things You Can Do and Stay Active in This Lockdown

We are facing tough times and fighting against COVID-19 Coronavirus. We are united in this lockdown and saving our country from this pandemic. #StayHome #StaySafe. We need to save ourselves as well as others by staying at home.   I know these days now you are trying to fight with your boredom at home during this lockdown home quarantine period. Suddenly you got a full stop at your hectic schedule therefore your daily regular routines are also changed with laziness right! Now you might be fed up with all the e-series, Netflix shows, and other all online shows. 

Sleeping and eating all day is not the solution to spend this quality time. So, let’s explore what are the productive things you can do and stay active in this lockdown. Deep down in our minds, we all know these days will not last long. It should not happen that you might be regretting that you have the time but you did not make use of it. Let’s make productive of this free time.

Apart from doing entertainment and relaxing there are a lot of things you can do from home. Let’s list put what you can do from your home. #StayHome #StaySafe #StayActive #StayHealthy.

1] Re-work on Your Hobbies.

When you are on your hectic schedule you always have an excuse that “I don’t have time these days to look after my hobbies” isn’t it? Well, right now you are having a lot of time to rework or restart your all hobbies which will give an added advantage to your creativity, innovation, and thinking.

2] Spend Quality Time with Your All Family Members.

This is the first time in history happened that our all family members are at home at the same time. This has happened because our health care system and government people are taking care of us. This time will not come again to make most of it. Do discussions on various topics with our family, do play indoor games with family, help each other in household work, teach how to use technology to your elder members in your family, play with your kids, study with your kids it’s fun too. 

3] Learn New Skills.

People say life is all about learning. This is a great time and opportunity to learn a new skill for yourself. These days everything is available on the internet. You can find an online tutorial or online classes of what you wish to study. Various tutorials and study material is available free on the internet. Take advantage of it. Don’t west this amazing opportunity.

4] Maintain a Healthy Active Lifestyle.

Everyone is in their houses for the past 12 to 15 days. You might have observed many little things that you do. You are eating homemade fresh food [you are not eating any ready food, not eating any kind of packet food, most important thing you are not eating any kind of junk food], also you have no time so you can do exercise or workout for yourself. 

I think half an hour of workout per day is necessary since you don’t have any other outside activity. So, eating healthy home cook food and doing some workout may lead you to give a healthy lifestyle. Try it out you will get the results for sure and you will be able to control your body weight. Give this for yourself and nourish your body.

5] Update Your Professional Social Portfolios.

Generally, some of us don’t care about social media sites and don’t give any priority to them. Let’s explore this platform too and update your professional information as per the latest requirements of the industry. Update yourself with the latest trends in the corporate world. Learn skills to present yourself professionally and update your resume.

6] If you are a Geek then learn Coding, Blogging and development of Software through IT skills.

There is a lot of coders around the world. They are much smarter. They have started studying new coding language, new development skills, and other small software development projects. Naïve coders can start working on blogging or a person who is interesting in writing can start their blog. 

7] Make Plans or Strategy of Working for Once the Lockdown Gets Over.

Yes, it’s a mandatory thing you need to keep in mind and to plan for it. Without proper planning, it will be another mess you will create and will lead to failure. Plan the strategy that you’re going to do, develop action plans for yourself, your work structure and your business.

8] Organized Yourself.

A lot of options are there to do for ourselves. So, prepare a time table for yourself, or maintain a to-do list for your daily activity and be tough and perform those activities regularly. People say that to adapt to the new habit we need to do that for a minimum of 21 days then it becomes our habit and we are used to doing that activity daily.

After this lockdown introduce yourself as a new version of yourself with more skills, intelligence, attentiveness and stronger.         

Dos and Don’ts for Management 

Any company regardless of size big or small, startup or grownup has its management or management team. If your company you may have the employee who has to work for yourself from several days to till the number of years. Whatever you planned as management is going to give the impacts on your operations. 

For this so many things are involved such as work environment, relationships with HR and the employees and other extra activities you do for your complete team as motivations, innovative work practices, games, and learning, competitions [please understand here not any kind of business target or deals], etc. if you observed, in the end, it is observed that all this is the decision of management right, isn’t it? 

So, let’s take look at what are the latest Dos and Don’ts for Management People.

If you want to read more on management please read all articles. Click here. You find all the knowledge articles.  Enjoy Reading!

Do: Before publishing anything to your employees do proper study or you should have complete knowledge about it.

I know what are you might be thinking, what is this? We know everything and we are part of managing our decision is a final decision. You might be right at your position. These days we are part of technology. People are becoming smarter and smarter day-by-day. Employees are now educating and keeping themselves updated with the latest technology. 

So, your interaction with the employees should not happen one-sided. You both should interact with maintaining the proper   discipline of work ethics. Your employs should not think that management people don’t know anything or they are not the expert in the respected field and they are asking us to do unpractical things concerning their professional work.

Don’t: Do not lie about the company or business or you should give any wrong or false information about the company to your employees.

Again! I know a lot of thoughts might be coming into your mind. Right now I would like to just list out a few. Keep in mind that your employees are not a dump or numb person. Your employee is a very sharp, smart and attentive person therefore he/she is working for you.  You should not give over commitments to all your staff members. 

Since now all activates are done via the internet so, a lot of information is on the web. Keep in mind that people search for everything on the internet so, all your company information is also people's search. In the end, any kind of misunderstandings should not happen with the company’s information and ethics.

Do: Try to become a good leader or show leadership.

Frankly speaking, these days no one like the tough boss, people are now fed up with so-called domination of the boss or management people and they lose the respect in front of their staff members or employees and they don’t keep faith and trust for the company and then you end up with losing good employees. People follow the leader with their hearts because they show good leadership. 

So, if you become a good leader for your employees then automatically all staff members with following and keep faith and trust in the company and be the company forever.

Don’t: Don’t create partiality in between your staff or even don’t be impartial to anyone with your staff.

You should treat everyone equally. Keep in mind that people come and go, especially employees. They will work in your company to take experience and then leave the company for more betterment. [Except some of the people who stay in the company]. Keep in mind that employees will always do their work and they come only for work. 

So, treat them professionally as per the rules and ethics of the company with leadership. Always maintain a good relationship with them. These days’ people now know the importance of goodwill and you will never know in the future required them. 

Lessons Learned in Business No. 2: “Don’t just sell things like typical like human-robot or touts, do work on strategy behind it”

Lessons Learned in Business No. 2: “Don’t just sell things like typical like human-robot or touts, do work on strategy behind it” 

Sales are one of the major operations of all kinds of businesses around the world without any sales we can’t earn money or earn the profit. To balance the financial condition of the company, sales are necessary. 

The sale is an important factor through which most people measure the company’s success, product quality, growth and an overall turnover of the respected company. You can imagine now how sales are creating an impact on the image of a respected company.

Nowadays the number of competitions is there in B2C [Business to Consumer], B2B [Business to Business] and even B2G [Business to Government] markets. Primarily basis we just focus to do only sales and for some reason, it doesn’t work out and then we think that we are failures. 

These days technology is emerging day-by-day, people are becoming smart with the help of this amazing technology, everyone is giving priority to educate themself. If you observe closely there are so many external factors affecting to make one conversation of your sale.

We all know that if we don’t have sales then we don’t have a business too. Therefore doing sales like sales-machine, robots or touts will not work or even traditional methods of sales will not work. 

So, if you work hard on the strategy of your sales or the way you do the sales then it will make wonders for you. 

Everything about Business Myths No. 4: “Business People or Owner Works for Only Money”

Everything about Business Myths No. 4: “Business People or Owner Works for Only Money”

All business people have a different structure in the world. Every people in the universe has a story to tell you but when it comes to business person has a lesson to tell you. For them, their complete life becomes learning and exploring more from existing even if they have achieved a sufficient amount of goal. 

Everyone is not born with a silver spoon to get the chance to run the business from family, some of the people are self-millionaire as a result, in the end, the consistency of your successful business matters regardless of where you came from.

In the universe, you will meet various people with their various thoughts, likes, dislikes, opinions around the corner. There are some people thinks that or they tend to think that all business people only work for money and they don’t have feelings. You read it right. This is one of the business myths which most people are not aware of it.  

If you try to understand the reason behind it what might be the intention behind it, why people say this? Numbers of reasons they have to make such statements.

Do agree to run a house and our self-expenses needs money. Our country needs money to run the operations of the respected nation therefore we contribute some amount to our government in the form of tax that doesn’t mean only business people need money. 

Yes. Money is needed for our basic needs to survive but somewhere in the back of mind, our mindset is programmed that we need to keep on working for money and money is everything from other activates you do otherwise you will stay poor for lifelong. 

Some research has found that those are earning high-income are also facing financial problems. Also, some people are just working to earn money regardless of doing a job or business and regardless of their interest.

Now the time is changing. People are now giving priority to do the things what they like instead of comparing with others and as per the recent research, it is found that from the group of 10 people more than half of people are willing to work for meaningful work rather than working for to earn money including business professionals, self-employed, self-professionals, job professionals, shop owners, etc.   

  

Everything about Business Myths No. 3: “In Order to Open a Startup Business or New Business You Need to Have Lump Sum Amount of Money”

Everything about Business Myths No. 3: “In Order to Open a Startup Business or New Business You Need to Have Lump Sum Amount of Money”

Every single person on this earth has some dreams to become something in our life. To complete your dream you have to hard work consistently to achieve it. In some cases to complete your dream, some external factor is also required. 

Especially when you dream of becoming a successful entrepreneur or a business giant. Many people think that we are not in this category, this is not our dream, only rich people can dream of becoming a business person and a lot more other things.

There is one thing people say which is common in all the universe that is “To Start a Business You Need Lot of Money”. Yes, you read it right. 

This is one of the Business Myths. Not necessary you need a lot of money to start a business. Now you might be wondering that is it possible to start a business without money. In the world, there are lot many people think that when you invest money or use a lot of money into business then success comes more quickly. 

This is all about the game of thought processes and different aspects of individuals.  

Yes. Money does play a significant role in business. As a result, the money is only required of your business legislation process after that to make it work or profitable you need to put your efforts with focus mindset and self-motivation to get it more from it towards your journey of becoming a successful entrepreneur. 

There are two types of money requirement one is for the owner itself and the other is for people who are working for it. 

You all might be known about how the business operations work therefore once you are set in your business then the little money is required to maintain your business.  

To make this it may take some months or several years as a business is a dynamic entity.

These days’ people are smart enough to make smart moves with minimum money and run their business with the help of technology. 

Also, you will find a lot of business ideas that do not require any money to implement it. 

So, don’t get confused and misunderstood on your road to becoming a successful entrepreneur.     

Let’s Celebrate Gudi Padwa and fight for coronavirus pandemic 2020!

HAPPY GUDI PADWA TO EVERYONE!

INDIA is known for its tradition and festivals. Everyone might be knowing that “Gudi Padwa” is a Marathi New Year which is a spring-time festival also, the first bright phase of the moon. We celebrate this festival and enjoy it a lot. This year 2020 something is changed. We are facing coronavirus pandemic since January 2020. You might be knowing it about all this. 

Our Government of INDIA is helping to keep our country safe. We are blessed to have our Prime Minister Narendra Modi Ji. And our health care systems. Now we are following the lockdown for 21 days all over INDIA. As a responsible citizen, we all should follow the same and #StayHome #StaySafe and follow the instructions.

Our Government of INIDA and medical health care systems are helping us from day one of coronavirus pandemic till but id observed there are a lot many positive things are taken place. Every single individual is united to fight against coronavirus pandemic. A lot of people spending quality time with family and loved once, some of them are exploring themselves, some of them are enjoying cooking, helping in the kitchen and eating good food, some of them are exploring new talents! some of them are spending time with kids and pets, some of them are practicing their hobbies, some of them are just chilling! some of them are still thinking about what to do! Isn’t it?

 

More than half the population of INDIA is working these days from home that is “Work From Home”.  Everyone is chilling at home and you have to do the work! Hang on a second this how our mood works. 

People are working from home have a big responsibility for their work and the respected companies' management has kept faith and trust in them. Be proud of yourself that in such a situation you’re still constituting your company and business.  

All business people are working on strategies, how to overcome our economic situations. In all this one major thing is happened is that every individual is now experiencing digitization.  

We all can do “Work From Home” is majorly due to our digitization again we are blessed to have our Prime Minister Narendra Modi Ji. To make Digitize INDIA. I hope you understand. 

Be proud to be an INDIAN. I am proud to be an INDIAN. 

The End of an ERA for Traditional Management Consultancy

The End of an ERA for Traditional Management Consultancy

Since from the past several 7 to 8 years, we are part of the digitizing world and concerning that, we have acquired all the necessary changes to our business models which we called it adapting the change.

So, if you want to stay in the game you have to accept the change. Some of our business partners may have to face some difficulties but that’s the different aspect altogether. Our Management Consultancy Industry was found in the 1980s till now this industry has served the number of clients in various industry sectors.

That time was different and now the things are different I hope you can imagine. Everyone is smart enough to know what is best for themselves these days. So, yes it’s an end of an ERA for Traditional Management Consultancy.

Now the Management Consultancy Industry sector in INDIA is one of the fastest-growing sectors and as per the recent research, we are now expected to become a part of Rupees 27,000 crores by 2020 with 6000 Management Consultancy firms and on the global level the net worth is of $250 billion with total 700,000 Management Consultancy firms.

As a management consultant, our duties do not end here in this modern ERA which is full of Technologies, Innovations, Virtuality, Methodological Rigor and other functional expertise, skills, and talent. Therefore it’s a huge responsibility to give advisory to our clientele and here traditional method of management consultancy doesn’t work.     

In this modern ERA, people are more concerned about results, instant results and the money they spend on those particular services. These days the values on planning, analysis and building a strategy are decreasing day-by-day. Here the people don’t keep faith in Management Consultant. The reality is that doing, planning, building strategy, analysis are the major area of work.

 

If you are failed to do this thing then you’re all results, efforts, money and time get wasted. It’s very important to follow the advice or guidance from a Management Consultant. You will never know how this will create a huge impact on your business and helps to grow more professionally and financially. 

Today is the time of revolution and all management consultants have a big responsibility. Now people hire management consultants based on real-world interactions, actions towards your goals and their respected results. Since the establish business is working together is booming, therefore, it's affecting the upcoming new business as well as recent business. 

In such cases one has to take care of building good strategy, legislation, alliances, cybersecurity, data privacy, and transformations also most of the human work is now done by the technology, so the traditional operations part of any company now has to manage smartly. As a result crowdsourcing, network-based consultancy is now evolving in the management consultancy industry.               

Why Need Consulting For Sales and Marketing?

Why Need Consulting For Sales and Marketing?

These days everyone wants to do business or wants to become a self-professional. Now you are working for yourself. How you will measure the growth? Primarily we always measure the growth by how much is the company earning the profits? How many sales are happening? Isn’t it?

Being a startup you may face many difficulties to make your position in the market do your business and another aspect is people don’t have enough knowledge to ask help from Management Consultants. These Management Consultant people help to push your operations strategy in a result-oriented achievement towards companies' success.

Sales & Marketing is a very critical section of all businesses in the industry. Some people say it’s an art, responsibility, duty, skill and many other names. You approach the management consultant for sales and marketing purposes you might be stuck in some problem or you want to outsource the sale & marketing work or you need guidance to train your team or just need a consultancy.

 

A sales & marketing consultant is an advisor or outside advisor. Their duty is to seat and with company management and to solve the problem they are facing or find the appropriate solution which is the best for the company as per the current market requirement and the economic position by creating and implementing workable business strategies.

An advisor will help you to make a strategy for sales & marketing plan, will help to determine the blueprint o the pan, will do the necessary analysis for your services or products, based on company history will guide you properly to do the latest changes as per the current market and the technology. These people are certified management consultants and you should take help from them rather than finding help from someone who is not capable.

Since nowadays technology is emerging day-by-day and everyone wants to be a part of it. So, it’s our responsibility to use that technology in a smarter way to avoid human error or physical work, etc. you need to change your business models as per the latest industry trends. The technology is a never-ending process. So, it’s very important that you should know in your industry what is trending to implement it successfully you need help from professional management consultants or your in-hose companies or organizations team to execute all the necessary things for you.