Medium-sized companies - Consulting Archive - Page 2 of 2

Digital leadership 21. March 2021

What does 4.0 mean as an ending – attempted explanation

Digitization is on everyone’s lips and does one thing above all: It produces many collective terms or also called buzzwords. These often have one thing in common, namely the ending 4.0. I have been asked a lot lately what this 4.0 actually means and whether there is also a 3.0, because I also use many terms in the blog with the ending 4.0 in the blog, such as Work 4.0 Consulting 4.0 Leadership 4.0 Industry 4.0 Medium-sized companies 4.0 I have explained all of these terms individually and do not want to go into any further detail. However, I would like to take a closer look at the ending 4.0 and provide an attempt to explain it. What does 4.0 mean – an attempt to explain The viernull-Magazin.de says: “Web 2.0” seems to be the mother of all “x.0 combinations”. This is especially true for trends that have to do…

Consulting 21. March 2021

Consulting 4.0 – digital transformation?

Consulting 4.0 – The consulting market is changing and is reacting to the digital transformation. Today’s consulting landscape is clearly different from that of a few years ago. The magazine Consultingmarket said: “Digitization has hit the consulting industry. Every management consultant is now talking about Industry 4.0, digital transformation and Big data . ” What does that mean exactly? Since I myself work as a management consultant in addition to this research project, I regularly observe changes in my daily work and therefore mix a few of my own impressions into the text. Consulting 1,2 and 3.0 The first legitimate question that comes to mind as a young management consultant is: What was actually before? What characterized Consulting 1,2 and 3.0? Unfortunately, I cannot name a clear source here, as I had to look for the information from various sites. Consulting 1.0 is thus the classic solution advice for technical…

Medium-sized companies 4.0 21. March 2021

Recommendations for action for the shortage of skilled workers in medium-sized companies

One of the four biggest challenges for HR managers in medium-sized companies is the task of finding and developing talent. Given the much-discussed shortage of skilled workers, this is not surprising. Around three quarters of the 323 companies surveyed stated that recruiting qualified employees will be the focus of HR work in the next three to five years, according to the magazine Heap . In addition to Haufe, many other magazines speak of a shortage of skilled workers in medium-sized companies. What actually is a shortage of skilled workers? Wikipedia says: As Skilled workers shortage This describes the state of an economy in which a significant number of jobs cannot be filled for employees with certain skills because there are no suitably qualified employees (skilled workers) available on the labor market. So is there currently a shortage of skilled workers in medium-sized companies? No shortage of young professionals If you…

Consulting 21. March 2021

Status quo: medium-sized IT management consultancies and the digital transformation

Management consulting is one of the industries that is highly dependent on digitalization benefits. Admittedly, management consulting is to be seen as one of the sectors that sets up, directs and is involved in implementing a large number of projects for the digitization of companies from a wide variety of industries (Werth et al. 2016). But what potential does the consulting industry itself have? IT management consultancies & digital transformation Consulting is a service that provides added value for the customer through specialist knowledge in one or more areas. The concept of consulting is the often used Angliscism of advice and consequently the synonym for “consultant” can often be found again (Hoffmann 1991). Management consulting, on the other hand, is a branch of consulting that specializes in supporting companies with regard to organizational and process optimization (Hoffmann 1991). According to the Federal Association of German Business Consultants, this sub-area generated…

Consulting 21. March 2021

Consulting Y – agile IT service provider – agile consulting?

When you hire a service provider, you want them to be on hand with help and advice. Lately I’ve been reading articles a lot, but they criticize the fact that consulting often provides too much advice instead of action. Specifically, the criticism means that too much theory is sold at a high level and too little real advice takes place. This criticism hits IT service providers particularly hard. So shows Nicolas Kittner this in a quote on: The problem with most consultants is that they are only consultants. They are on a meta-level, everything is macro, nothing micro. It’s about trends in the market, about processes, about structures, about price models, about business plans and brand strategies. But consultants need to know the micro, they need to know how to turn an e-commerce strategy into a shop, how to build a prototype from an idea, how to develop a product…

Digital change 21. March 2021

Innovation in medium-sized companies – agile and digital?

“Innovation in medium-sized companies – do we have to worry? “asks Sebastian Grimm in his article and based his question on the results of a study: The market research department of the KFW banking group published its current results on all aspects of innovation among German medium-sized companies. The results can be briefly summarized under one sentence: Germany suffers from a lack of innovation. Is that now threatening or are or have the past few years only been characterized by a very high level of innovation that is now returning to normal? No wonder when you read headlines like: Many banks’ computer systems are complex. Unfortunately, they are often completely out of date and hardly anyone still understands them. At many banks, the retirees now have to answer ( WiWo ) or also in the WiWo : ” Old people in the executive suite make people tired of innovation “.…

Consulting 21. March 2021

Whitepaper: Consulting 4.0 – Mittelstand advises SMEs

Digitization as a megatrend continues to shape economic and social coexistence enormously and is increasingly found in almost all areas of a company (Kreutzer and Land 2013). In short, digitization is understood to mean the implementation of business models, from products and services to processes, to computer-based formats, which can then be further processed with computers (Kreutzer and Land 2013). This development results in new or at least changed business models for almost all branches of industry and company sizes (Bengler and Schmauder 2016). Medium-sized companies on the advance Management consulting is one of the industries that benefits greatly from digitization. Admittedly, management consulting is to be seen as one of the industries that sets up, directs and is involved in implementing a large number of projects for the digitization of companies from a wide variety of industries (Werth et al. 2016). But what potential does the consulting industry itself…

Digital change 21. March 2021

The influence of digital transformation on medium-sized IT companies

Digitization has a profound impact on everyday private and professional life. Companies are introducing a series of tools and new technologies to digitally support processes. In addition to their own resources, the companies also like to use external service providers. But that too is changing, as is the service provider Arvato states in his blog: The digital transformation creates new forms of cooperation in the company with external partners such as suppliers, consulting and IT service providers as well as with cooperation partners for the development and marketing of products and services. But how is such a new collaboration designed and what does that mean for German medium-sized companies? Does a classic IT service provider have to reinvent its business model or is it enough to turn a few screws? Digital transformation in medium-sized IT companies What tasks do outsourcing service providers and consultants have in the digital age? That…

Digital change 21. March 2021

Digitization in medium-sized businesses meets tradition

The digitization of all areas of life has led to increasing complexity and companies find themselves in a conflict as a result of this development. One example is medium-sized management consultancy, which is one of the industries that has benefited greatly from digitization. However, primarily as the one who sets up, controls and carries out the large number of projects for the digitization of companies in a wide variety of industries. However, this is often hardly digitized itself. You can find more information in my article too Consulting 4.0 remove. The race for digital supremacy is also characterized by a rapid pace of change. American and Asian companies in particular are in the fast lane and are pushing competitors out of the markets around the world. But what about in Germany? How is the digital transformation progressing in German SMEs? The tradition in the middle class Successfully implementing digital change…

Medium-sized companies – Consulting