THE PURPOSE AND USE OF MANAGEMENT CONSULTANCY FIRM IN NIGERIA (A CASE STUDY OF ONITSHA SOUTH (L.G.A) IN ANAMBRA STATE)
ABSTRACT
This research focuses attention on The Purpose And Use Of Management Consultancy Firm with special attention on Onitsha South Local Government Area
This work is carried out in partial fulfillment of the course requirement for the award of higher national diploma of the institute of management and technology.
Critical assessment was made on how industrialists in Onitsha South have been using the services of the management consultancy forms and how aware they of their service.
Through this research one could see the ignorance of some of the industrialist towards the consultancy forms. Their reasons for not consulting them were also explained. Observations were made on what is restraining the consultancy forms from rendering their services.
Finally, suggestions were given in the conclusion and if well applied could be beneficial to all
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
Nigeria has a complex society with different types of organization. Every organization encounters one or more problems that hamper the organization in achieving its set objective and goals. These problems ranges from financial availability human resources shortages monitoring competitor’s strategies raw materials shortages lack knowledge of how to manage the organization efficiently and effectively in this social economic political and technological changes.
In Onitsha South this dynamism in the environment has continued to pose certain threats and opportunities to many organization e.g raw material sourcing market diversification research and development intensified competition market store managerial innovation improved organization climate and in fact an orientation towards an improved social quality of life. When this rapid change the management of any innovation and goal committed industrial establishment will periodically require a through skillful appraisal to the extent of which the current organization product and performance will meet the requirement of the situation and that of the organization goals and objective if the performance is shown to be inadequate management needs to be advised on how rectify this situation. To do this we require an individual with an experience of that is happening within the industrial establishment that is an employee (if one can be seen) possibly may not due to this assignment within the establishment. When an individual within the organization is not available it then requires the service of a management consultant to come in the must be committed to this work for it to function properly he should not be a member of the organization.
Management consultancy service is a constructive helpful deliberate and professional service provided to business organization to help the management in analyzing and solving practical organization problem by experts.
It focuses on the use of the expertise and research capabilities of their experts and facilities outside an organization to help solve internal organization problem. This aim is achieved by the management consultants through investigation and business recommendation of appropriate managerial actions and provision of implementation guidelines and facilities as a way of findings feasible and commensurate solutions to the problem at hand.
Management consultants have passed through many organizational problems and have leant how to use experiences from previous assignment to handle new once.
Management consultants keep abreast with development in management methods and technique and at the same time acting as a link between management theories and practices
1.2 STATEMENT OF PROBLEM
The massive failure of industrial establishment for the past few year were due a inadequate planning unforeseen frequent government policy changes shortage of raw materials inadequate financing of the organization.
Another problem that hamper the growth of industrial establishment or business in Onitsha South Local Government Area is that industrial establishment have not been making adequate use of services if the management consultancy firms
