Compare and Contrast the Role of an External Business Consultant with that of an Internal Manager
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Added on 2023/03/20
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This paper compares and contrasts the role of an external business consultant with that of an internal manager in managing business operations. It discusses the differences in their responsibilities, approaches, and use of resources. The challenges and benefits of hiring external consultants are also explored.
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Business project “Compare and contrast the role of an external business consultant with that of an internal manager”
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Business project In the present business environment, it has been examined that external business consultant and internal manager both plays a great role in managing the functional operations of the business. In this paper, the discussion will be based on comparing and contrasting the external business consultant with that of the internal manager in the workplace. It is important to have in-depth analysis of this as it helps in focus on controlling the routine functions of the business in the highly competitive market. It can be said that external business consultant is the separate company that emphasizes on working for the company. The external consultant focuses on developing the evaluation design that helps in accomplishing the targets of the company. It is investigated that they consider the decision by having in-depth analysis. One of the best examples can be related to the companies who consider the external business consultants who solve the major problem that takes place in the workplace (Salonen & Jaakkola, 2015). The example can be related to the one company who is facing the issue in relation of attaining the large market share; in this case the external business consultant plays a great role in managing the operations. The business consultants are mainly hired so that it could be easy to take the expert advice. The external business consultant firm hires the employees who have the capability to manage the operation of the company. In relation to the issue, the external firm is known as the expert that will offer accurate information and conduct in-depth analysis so that it could be easy to search the reliable information which is beneficial for the company. The main role played by the external business consultant emphasizes on analyzing the different aspects that are impacting the business operations of the company (Lobacz, Glodek, Stawasz & Niedzielski, 2016). It has been examined that the main role of external business consultant is to create the network so that it would be easy for them to focus towards accomplishing the set goals and objectives of the business. The external business consultant has the wide network that offers a chance to the business to grab the opportunities in relation to growth. But the role played by the external business consultant is different from the internal manager. The external business consultant is the one who focuses on the particular aspects that are related within the contracts but on the other hand the internal manager oversees different factors to control the routine functions of the company. The internal manager is the one who control each and every aspect of 1
Business project the business and they have the major role in boosting the success ratio of the company (Mole, North & Baldock, 2017). It has been analyzed that the external business consultant are known as the independent players and on the other hand the internal manager depends on their own company. The activities of the company are conducted within the limited timeframe by the internal manager. It could be said that the internal manager has to follow the specified rules and regulations in relation to the overall functions of the company. The external business consultant manages the work on the independent level but on the other hand it can be compared that managers have to comply with different rules and regulations that are important to be followed at the workplace (Carey & Tanewski, 2016). It can be stated that the difference also relates to the use of the owned resources. For the external business consultant it is one of the benefits for that they take into consideration their own fund and also the resources. The resources and funds that are used in proper research and evaluation as it can assist in solving the complex issues. In the present era, there are many companies who are making the contract to resolve the complex issues faced by the management (Storey, 2016). One of the issues faced by the companies in the present era is concerned with the retention and hiring policy. The companies face issue in hiring talented employees in the workplace, so they focus on making the contract with the external business consultant. They are the one who supports the business to flourish in relation to the overall activities conducted in the workplace. But on the other hand the role of manager is to implement the policies in the workplace through which the talent employees can be retained and also recruited in the workplace (Collier,2015). It can be said that internal manager’s focus on taking the interviews of the employees at the time of recruitment but the external business consultant focuses on gathering the relevant information of the interested candidates. So, it can be stated that the nature and the importance of external business consultant and internal manager is different but they both support the organizational goals and objectives of the business. At the time of solving the issue related with retaining the employees and also recruiting the talent employees, the role of external business 2
Business project consultant is to evaluate the different functions such as human resource process and also the process of interview. They are the one who will access the relevant information of the company which is not effective and according to the research they will offer effective solutions which will resolve the issue of the company. So, it can be stated that the role of external business consultant and internal manager can be linked but it is different in nature (Bidwell & Mollick, 2015). It is investigated that there are also various drawbacks that are concerned with the external business consultant. It has been said that to research and evaluate the different factors they incur a huge cost which negatively impact the overall operations of the business. The activities that are performed by the external business consultant can be costly. The external business consultant request the companies to ask for the relevant data and also the important personal information are offered to them (Sturdy, Wright & Wylie, 2016). So, it can also lead to the overall threat for the business in the highly competitive business world. The leakage of important or private information can also be the threat for the companies as it is difficult for the companies to rely on the other firms for the assistance. But on the other hand, the internal managers controls and maintain the privacy of the company so that it could be easy to achieve growth in the competitive market. The internal manager has the detailed information of the company but then also the risk is low but in case of external business consultant the risk is high (Cardwell, Williams & Pyle, 2017). Communication can be one of the major challenges that can be faced by the company in context to external business consultant. It is analyzed that when the external business consultant evaluate the issue of training then they prepare and offer the training plan to the company which will help in bringing improvisation in the overall operations of the business. So, at the time of giving training the external business consultant will also focus on the culture of the company which can be stated as the time consuming process and it can be the challenge to manage the work of the company in relation to the set goals in the highly competitive market (Martinez- Conesa, Soto-Acosta & Carayannis, 2017). There are also many benefits that can be concerned with external business consultant and also it can be stated that in the present era, there are many companies who are taking assistance from the external business consultant. The overall market for the consulting service is 3
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Business project approximately more than $130 Billion and it also showcase the hold of the total global consulting market. By analyzing the past years, it is examined that the expenditure on the overall management consultancy has been enhanced on the average of 4%. By analyzing the graph, it is estimated that the global management consulting market is large in terms of Human resource practices There are majority of the companies who are availing assistance in the human resource sector (Consultancy UK, 2019). (SOURCE: Consultancy UK, 2019). By analyzing the paper, it can be concluded that the role of external business consultant and internal manager is different but they both plays an important role in managing the overall operational functions of the business. There are many challenges that are faced by the company in relation to external business consultant. The challenges are related to the increase cost of the company and also there is privacy issues that can faced if the external business consultant is not reliable towards the overall activities of the company. But in the case of internal manager it can be stated that there are the one who manages and implement different ideas in the workplace. The internal managers focus on managing the overall functions of the company so that it could be easy to accomplish the targets of the company in the highly competitive market. 4
Business project References Bidwell, M., & Mollick, E. (2015). Shifts and ladders: Comparing the role of internal and external mobility in managerial careers.Organization Science,26(6), 1629-1645. 5
Business project Cardwell, L. A., Williams, S., & Pyle, A. (2017). Corporate public relations dynamics: Internal vs. external stakeholders and the role of the practitioner.Public Relations Review,43(1), 152-162. Carey, P., & Tanewski, G. (2016). The provision of business advice to SMEs by external accountants.Managerial Auditing Journal,31(3), 290-313. Collier, P. M. (2015).Accounting for managers: Interpreting accounting information for decision making. John Wiley & Sons. ConsultancyUK.(2019).ManagementConsulting.Retrivedfrom: https://www.consultancy.uk/consulting-industry/management-consulting Lobacz, K., Glodek, P., Stawasz, E., & Niedzielski, P. (2016). Utilisation of business advice in small innovative firms: the role of trust and tacit knowledge.Entrepreneurial Business and Economics Review,4(2), 117. Martinez-Conesa, I., Soto-Acosta, P., & Carayannis, E. G. (2017). On the path towards open innovation: Assessing the role of knowledge management capability and environmental dynamism in SMEs.Journal of Knowledge Management,21(3), 553-570. Mole, K., North, D., & Baldock, R. (2017). Which SMEs seek external support? Business characteristics, management behaviour and external influences in a contingency approach.Environment and Planning C: Politics and Space,35(3), 476-499. Salonen, A., & Jaakkola, E. (2015). Firm boundary decisions in solution business: Examining internal vs. external resource integration.Industrial Marketing Management,51, 171-183. Storey, D. J. (2016).Understanding the small business sector. Routledge. Sturdy, A., Wright, C., & Wylie, N. (2016). Managers as consultants: The hybridity and tensions of neo-bureaucratic management.Organization,23(2), 184-205. 6
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