MANAGEMENT

ADVISORY
SERVICES
MANAGEMENT
ADVISORY
SERVICES
- also called as:
 Management Consulting Services
 Business Advisory Services
 Management Services

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ACTIVITIES INVOLVED IN A CONSULTING
PROCESS
1. Determination of client objectives
2. Fact-finding
3. Definition of the problems or opportunities
4. Evaluation of alternatives
5. Formulation of proposed action
6. Communication of results
7. Implementation
8. Follow-up 3
 CONSULTING SERVICES
Professional services that include:

1. Consultations
2. Advisory Services
3. Implementation Services
4. Transaction Services
5. Staff and other Support Services
6. Product Services
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FACTORS FOR THE EMERGENCE AND
GROWTH OF MAS CONSULTANCY
1. Growth in size and complexity of business firms
2. Complexities in managing and conducting a business
3. Lack of competent staff
4. Trend towards industrialization
5. Need for adequate and timely information in management
decision making
6. Development of techniques for the solution of
management problems, and businessmen’s awareness of
their usefulness 5
MAS
CLASSIFICATIONS
BASED ON
REQUIRED
EXPERTISE
1. Usual Services
2. Somewhat Specialized Services
3. Highly Specialized Services

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 1. Professional Competence
2. Due Professional Care
GENERAL 3. Planning and Supervision
STANDARDS 4. Sufficient Relevant Data
5. Forecasts
MAS
PRACTICE
STANDARDS
1. Role of MAS Practitioner
2. Understanding with the
TECHNICAL Client
STANDARDS 3. Client Interest
4. Communication with Client
STAGES IN MAS
ENGAGEMENTS
1. Negotiating the engagement
2. Preparing for and starting the
engagement
3. Conducting the engagement
4. Preparing and presenting the reports
and recommendations
5. Implementing the recommendations
6. Evaluating the engagement
7. Post engagement follow-up 8
THAN �
KS!
ANY QUESTIONS?

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