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Boutique Consulting Essay

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Boutique Consulting - Taking it to the next level
“Boutique” – till late nineties, this word was related with specialized elite fashion shops. In that era customer attentiveness and customization was an upcoming trend all over the world. Along came the concept of boutique being a one-stop shop for offering customized products and services to the clienteles. Gradually the trend gained momentum and with customers becoming the center of the marketing concepts, boutique has become tantamount to specialized businesses. If we look around in today’s market, we will find plethora of “boutiques” around us. Boutique banks, boutique equity firms, boutique marketing organizations, boutique product stores, boutique resorts, boutique human resource firms, …show more content…

Due to this problem, a large number of business consulting firm are typically able to draw from more reservoirs of knowledge and expertise that can narrowly help focused boutique consulting firms, which could be both advantageous for the company or the agency that contracts its services. The Boutique firms, on the other hand, can resolve business issues much more quickly than large firms that tend to require more time for a specific project. In most of the cases, resolutions that boutique consultants offer tend to have a much more instantaneous impact, which will save organizations from …show more content…

The future belongs to the boutique firms. They deliver niche services and have a sustainable competitive advantage over the other models. They offer interrelated services to their clients that magnify into strategy consulting.

Conclusion
Elite headhunting firms may soon face the first competitive challenge to their businesses since they started operating many years ago. And it is coming from boutique consultancies.
Clients desiring to trim costs, it is likely that the demand for a cheaper service will prosper. There is a lot of money at stake. Looking at this trend, the consulting gurus have said that they are expecting more niche firms to move into upper space. It will be easier for the consultant employed inside the boutique consultancies to tailor solutions. The role of the consultant in the boutique-consulting firms will focus exclusively and prosper so that they are on the very top end of the

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