Potential practical value and benefits

Running head: CONSULTANCY PROJECT
Consultancy project
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Name of University
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CONSULTANCY PROJECT
Essay
The essay or piece of work has been prepared to discuss about the evaluation and
management of a consulting research tool, which has helped in the management of a project
and analyse the strengths and weaknesses in regard to a particular situation. This should offer
potential practical value and benefits to the clients as well as the consultants of the research
and the regulations of policies too. The essay should allow the researcher and consultants to
link the research and practices and ensure betterment of inform practices along with ensuring
successful consulting activities and benefiting the clients, consultants, buyers or purchasers
and the tax payers too (Markham 2019). For example, the evaluation of SWOT analysis has
been considered as effective consulting research tool for the evaluation in this case.
According to O'Mahoney and Markham (2013), the concept of management
consultancy holds special importance as nowadays, most of the individuals have sought out
this as a major career choice and also for the businesses. Huge amounts of money have been
spent on the consultants, which facilitated single outsourcing as well as management the IT
development projects, which further has created an impact on the Government structures as
well as on the provision of educational facilities and for consumers (O'Mahoney and
Markham 2013). Not only does the consultancy has helped in fostering the management of
good relationships between the people such as the customers, consultants and senior public
officials as well.
As stated by Baaij (2013), the management consultancy has not only been prestigious,
but also has helped in resolving internal organisational issues through analysis of
organisational strengths and weaknesses and even determining the macro economic factors
responsible for impacting the business. The management consultancy projects, as stated by
Wickham and Wilcock (2020), also happened to be effective for gaining insight about the

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CONSULTANCY PROJECT
management of clients as well as the various stakeholders and their interests addressed
properly, both inside and outside the organisation. The consultancy related to the
management projects has also benefited the large sized companies and also the medium sized
organisations to undertake approaches for dealing with complex client problems and also
assess the weaknesses, opportunities and threats that might be required by the business to
produce the expected outcomes in the end (Baaij 2013). Also stated by Markham (2019), the
management consultant has risen far beyond expectations, as it has not only allowed the
companies to generate higher revenue, but also has helped in making the primary products
remain more competitive within the marketplace. To accelerate the performance, the business
organisations have taken help from the management consultants so as to facilitate changes
and ensure all the communities to get involved too for greater good (Wickham and Wilcock
2020). The consultancy research tool has been used for not only improving the sales and
delivery process for the products and services of a company, but also ensured assessment of
strengths, weaknesses, opportunities and threats that might have been experienced (Craciun
2013).
To be precise, the evaluation of SWOT analysis tool has been taken into consideration
as an example of the consulting research tool. Considering it as an example of the research
consulting tool, the SWOT analysis framework has been applied to analyse the various
aspects influencing business for Tesco in United Kingdom. Tesco has always been a major
supermarket retail chain, which has been known for its great quality grocery items as well as
other products and services to cater the needs and preferences of people all over UK. The
SWOT analysis has been used to provide a critical analysis of the strengths and weaknesses
with reference to the potential values and benefits for the consultants, clients, etc (Jha-Thakur
and Fischer 2016).