Each business especially in developing cities like Ipoh, Perak and Kuala Lumpur whether starting up or developed, it must require help from experts to reduce inefficiencies and find ways to improve productivity and overall performance. These services are rendered by qualified experts, who are called as business consultants and business analysts. Most people believe that these two types of experts are the same, but in fact there are differences between them that will be highlighted in this article.
Both positions focus on recognizing inefficiencies and finding solutions, but the methodologies, types of issues and the areas of expertise are differ. Business consultants devise strategies for an organization to step forward, however, business analysts only focus on specific areas and not comprehensive. In other words, business consultant is a specialist who comes from outside the company and offers services at per hour rate especially in Ipoh, Perak and Kuala Lumpur. Business consultant helps and advices on one or more businesses such as marketing or operational inefficiencies.
Generally, a business consultant is a generalist and they have knowledge and skills in many areas such as finance, accounting, management, and strategic thinking. Business consultants use their knowledge and skills set to devise a course of action that will enable the organization to solve its challenge and prepare for the future effectively. Business consultants will spend time to absorb and study relevant information about the company and attempting to understand drivers for success and identify the obstacles that faced by the company especially for company in big cities like Ipoh, Perak and Kuala Lumpur. The endgame for a business consultant is to draft a performance plan for success and provide suggestion or recommendations or plan as contraption for the company to achieve the best results.
A business analyst is quite similar with business consultant who specialist in business areas. Business analyst will deal with a specific issue in finance, information technology, or accounting. They will make use of knowledge and skills to deal with a particular problem or inefficiency in the company especially for big companies in Ipoh, Perak and Kuala Lumpur. Therefore, it is anticipated that business analyst will have a strong and depth knowledge in the focus area. Business analyst can spend more time to study and understand the specific area of a company depending on the situation. Success is achieved when the particular issue is solved and improvements are made that help the company to prevent a similar problem in the future.
In conclusion, a company may employ consultants and analyst from within the company, but consultants usually come from outside the companies. These consultants are experts in optimizing the manner in which businesses run in the company especially in Ipoh, Perak and Kuala Lumpur. On the other hand, business analysts typically come from inside the company to manage issues on a regular basis. Consultants are called on to look at the big picture and fix existing issues, not to oversee daily issues.