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Showing content with the highest reputation on 03/19/2017 in all areas

  1. The consulting team will usually communicate with the client throughout the project at various intervals:daily,weekly,monthly.They may keep their client informed about the evolving hypothesis and make sure the consulting team is on track to meet client exceptions.
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  2. Monro, This is a very good question! Thanks for asking it! It is true that during economic downturns prospective clients will typically have less money, or more uncertain cash flows, and so they will be less likely to spend money on consulting services. As a result, consulting firms may earn less revenue during economic downturns, and some consultants may become unemployed. Consultants and consulting firms can go some way towards reducing the effect of economic downturns by offering a range of services including some which are "countercyclical". That is, services for which demand demand increases during downturns, such as supply chain management, restructuring and turnaround support services.
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