Determinants of Profitability in Management Consultancy Profession from Employee Point of View
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Date
2019-06
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Addis Ababa University
Abstract
Management consulting as a profession is a coveted aspiration for management
professionals. This academic note seeks to define management consulting as
an industry, draw its boundaries, highlight the unique contributions of
management consultants and consulting firms, the profession in developing
countries is of more recent origin, and the development process has been more
slow and professional guidance and principles have not yet been fully
developed, because universities, professional societies and associations, have
not achieved the status that enables them to perform a supportive role. The
general objective of the study was to describe and analyze the Determinants of
Profitability in Management Consultancy Profession from Employee Point of
View explanatory research approach was applied and questionnaires were
distributed to 400employees of management consulting firms in Addis Ababa.
In conclusion the following factors were identified as determinants to
profitability Operational, quality of personnel, competition, advertising and
promotion
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Keywords
Management Consultancy Firms, Management Consulting, Consultants