Lean Specialized Personnel Consulting
The trend of lean specialized personnel consulting is growing rapidly in today’s commercial world. Typically, in lean specialized personnel consulting, the task or specializations accomplished the consultants need to execute various responsibilities associated with the lean management of commercial setups.
In the lean specialized personnel consulting, the consultants ensure that the client cut down on the wasters and makes sure that the existing process can be made more efficient. While doing it, the organizations also look at increasing its profit margins along with the expansions of business horizons.
Lean Specialized Personnel Consulting: An Efficient Team Work
The lean specialized personnel consulting is basically teamwork, where each team members is assigned with certain specific duties. The overall and prime objective of lean specialized consulting is to achieve various specific goals of projects.
While offering lean specialized personnel consulting, the consultants or the consulting agencies are guided by a specific set of effective and time-bound guidelines.
Hence, in the process of lean specialized personnel consulting, the consultants and the consulting agencies should be shortlisted based on the fulfilment of the below three prime requirements.
- The consultants must have requisite training and certification for the role
- Requisite experience and successful track record
- Have an efficient and qualified team
Prime Responsibilities of Lean Consultants
One of the prime responsibilities of lean personnel consulting is extending personal specializations. Further, lean consultants are also responsible for identifying the various best practices in the industry and implement them efficiently in a time-bound manner. The lean consultants are also responsible for access to the requirements of clients correctly and take the required necessary steps to address the issues and the challenges involved.
The primary goal of the lean management consultants is to eliminate the no value activities from the system and assist businesses towards the implementation of methodologies which can largely streamline the presently followed processes that do not result oriented and profitable.
In short, the basic role of the lean consultants is to reduce the wastage of time, effort and money which will, in turn, ensure that the activities undertaken are time as well as cost-efficient. Further, lean consultants also need to ensure that the outcomes meet the required industry standards and qualities.
Lean Specialized Personnel Consulting: Experience and Expertise
For the organizations, figuring out the needed expertise and experience among the available lean consultants is a key challenge. The professionals offering specialized lean consulting services need to have the requisites experience and skills to drive the task entrusted. In such a scenario, the skill set of the lean consultants needs to be highly specialized for streamlining of the process towards driving improvements. Generic experience and skill set will not be enough for such a task.
Key is Providing Effective Guidance
Learn specialized personnel consulting always involves offering effective guidance. Such guidance is always based on the technical knowledge and expertise of the consultant. Such directions must be able to break down the complex tasks to simpler ones.
Thus, the accomplishment of the task involves a clear road map of pre-work and event planning; although the task accomplishment does not end here. The lean consultants further need to offer support and drive continuous improvement activities for the enterprise and their activities. All such activities must lead to the desired goal of cost economy in projected lesser efforts.
It is to be noted that there is a fundamental difference between coaches who imparts training on lean management and lean consultants. The roles of coaches are only to impart training whereas the lean consultants are like a friend, philosopher and guide to the enterprises and the executives; they lead them on a right path towards greater success and profitability.
List of Expectations for the Lean Specialized Personnel Consultants (Example: For the Industries Like Manufacturing)
If one is looking out for hiring lean specialized personnel consultants for a manufacturing enterprise; they should look out for the below points prior to making the hiring decision.
- Do not always focus on the price point. Review the skill sets and experiences carefully
- Prefer consultant who loves to discuss wrenches and drills instead of only pie and bar charts
- Always try to treat consultants like a god. Ensure to follow their recommendations rigorously without challenging them. It is to be noted that defensiveness is self-defeating. If you are finding it difficult to trust your consultant, it is always good to opt for a right replacement
- Remember that consults should not execute anything. To ensure that the new set of skills to take root in the enterprise, the in-house workforce must execute the responsibilities in the close supervision of the consultants. The goal of the organization should be the permanent implementation of lean skills within its system
- Ensure to pull out everything from the consultants in terms of recommendations and ideas
Lean Specialized Personnel Consulting: Rising Demand in Finance Domain
The role of financial executives continues to expand. There has been an increasing trend that is echoed on how enterprises work with lean consultants. Today, enterprises are increasingly looking at specialized assistance from the lean consultants from ERP upgrades to navigating period of accelerated growth. Further, firms are also seeking experienced project professionals for various broad ranges of activities.
Learn specialized personnel consulting becoming an area of growing emphasis is business systems. According to a recent study conducted by Robert Half Management had reported that more than 61 per cent of chief financial officers work with lean consultants. These consultants are primarily engaged with performance improvement initiatives of the enterprises.
The study has further excerpts that more than 55 per cent of chief financial officers expect these consultants to work for finance and accounting projects. In addition, more than 25 per cent of them wants to engage them in finance, governance, risk and compliance works. The study has also reported that the demand for consultant assistance for finance optimization project has been experiencing steady growth.
Today, organizations rely on lean financial consultants to lead key projects and senior level roles on an interim basis. Increasingly, consulting is becoming an attractive career option among experienced professionals, who loves to enjoy greater time flexibility and increased exposure to diverse challenges.
How an organization find or understand that they need specialized expertise from lean financial consultants. Answers to the below five questions will help in finding out the same.
Is there any high-level initiative that is of a finite duration or a onetime need for the organization?
Across small as well as large-scale initiatives organizations can collaborate with skilled and experienced professionals who have the requisite expertise to focus on the specific challenge in hand. For example, organizations can hire consultants both on an individual or team level to streamline various requirements such as business process improvement, financial systems upgrade and activities such as merger and acquisitions.
Is there an upcoming initiative in the organization, for which the required set of skills not available in-house?
For certain initiatives, the in-house staff may not possess the requisite skills and full-time hire may not also is the requirement for a shorter duration. In such a scenario, organizations always look out for short time consultant who has the requisite knowledge and skill set to fulfil the need. Further, organizations can direct such consultants to nurture the requisite skills and industry best practices among the in-house staffs and across various levels of the organization.
Is there any senior-level position vacant in the organization or there is a requirement of changing skill set?
There may be a time when senior level financial roles can be vacant in an organization which need to be staffed by a financially skilled professional. In some cases, the employer or an organization may not be ready to hire a fulltime replacement immediately.
In such a context, some organizations may have immediate short-time demands during various business stages, such as during their high growth cycles or during the stages of pre-IPO.
In such scenarios, organizations may need assistance from experienced executives to hold the post, until a full-time executive is confirmed or finalized. Financial consultants with specialized skills as required by a specific organization can fill such positions for an interim basis meanwhile the organization determine its long-term goals.
Are there any additional projects within the organization which need special attention and the internal staffs do not have requisite skills and capacity to handle it?
In certain cases, the workload of an organization can spike exponentially where the limited internal workforce is not sufficient to handle that. In such a scenario, the specialized lean consultants can step in immediately to address the rising business demand of the organization. This will allow the needed space for the full-time workforce to focus on the core competencies of the organization.
Are There Any Cyclical Demands Which Requires Any Additional Consulting Support?
Most of the financial and accounting activities are cyclical and they come with monthly, quarterly and annual deadlines. In such scenarios, external financial consultants can be hired to handle the additional cyclical pressure and responsibilities. Across such cases, the organizations usually look at various seasonal supports externally.
Hiring A Lean Specialized Personnel Consultant: What are the Pros & Cons?
It has been observed that organizations follow two types of growth models. A set of organizations highly relies on its internal workforce drive business performance to chase growth. On the other hand, a certain set of organizations plays lean and hires specialized consultants towards maximizing their business performance.
These specialized consultants are primarily the third-party entities who collaborate with the organizations when needed. As part of their collaboration, these entities understand the business operational flow of an organization, offer growth strategies and take it forward from what already achieved.
Instead of assigning a set of employees with the task of streamlining existing operations, the lean consultants work towards offering specialized assistance to optimize various business processes of the organization.
If an organization’s area of operation is manufacturing, hiring a consultant could be the move that the organization is looking at transforming its business and operation processes to achieve greater efficiency.
What do Consultants do?
Offer Growth Strategies: Growth is the prime goal for every organization or businesses regardless of the industry it’s operating into. For the various industries such as manufacturing, following sustained growth is highly difficult. Sustained business growth in the manufacturing industry highly depends on several factors such as in certain cases the innovations can be slow as well as risky.
In such scenarios, the hiring of growth consultants rightly pays off. In the cases, where an organization is aware of the limitations and has goals, but do not aware of the process of implementing a winning strategy to promote the growth, a consult can be handy with sound solutions.
In such organizations, the lean consultants can use multiple tactics to assist the manufacturers to innovate the new products faster while limiting the risk, effort involved and production costs.
Nurture the Workforce: As the experienced and older employees continue to retire, the younger workforce can become confused as they may not have an understanding of what the industry has to offer. Due to which attrition can become a challenge for the organizations. In such a context, the lean consultants become the key towards bringing organizational transformation by imparting customized training to the workforce on the new technologies and industry best practices.
To attract the younger generations in the traditional industries such as manufacturing, lean consultants streamline their efforts to recruit millennials by showcasing their industry. For example, some enterprises organize open events at their facilities and invite students and younger generations. Such efforts help in showcasing internal processes of a manufacturing-based organization and potential career opportunities for the future.
Implementation of Lean Operations: In manufacturing, the concept of continuous improvement is at its core. At a small or a mid-sized level, continuous streamlining of the operational process is usually simpler and easier. But, when an organization grows exponentially with offerings of multiple products and multiple production processes, it becomes difficult for an organization to streamline its various efforts.
In such contexts, the lean consultants can become very helpful in streamlining multiple operation processes towards continuous performance improvements. Specialized consultants work towards the implementation of lean operation by eliminating the waste across several areas starting from front office to distribution.
Optimization of Supply Chain: Constant optimization of the supply chain is the winning strategy for sustained business growth of the manufacturing-based enterprises. An experienced and highly skilled supply chain consultant strategically helps toward the improvement of product distribution at a better and lower price point.
Advantages of Consulting
Offers Assistance from a Specialist: An external consultant most likely to have experience from the exact field that you are into and also have past experience that may too mirror your current situation. Collaboration with such a consultant offer you peace of mind by knowing that the business is in the right hand who has been in a similar situation before.
Get an External View on Your Operations: Sometimes, there is a need for a neutral external perspective to understand the scope of improvements. In certain cases, it helps in operational improvements, instead of a known internal approach. With an outsider view, the current business challenges can get cleared up towards the achievement of desired goals and the improvement of overall efficiency.
The hiring of Consultants is Affordable than Hiring a New Employee: It is to be noted that hiring an employee usually cost more than hiring a specialized consultant. The hiring of a new comes along with the added cost such as the requirement of workspace, technology, benefits and more. On the other hand, consultants are hired specifically hired for a specific time-bound project. Thus, consultants come much cheaper than hiring a full-time employee. However, it’s too depends on the scale and magnitude of the project.
Disadvantages of Consulting
One has to note that hiring and steering an external consultant towards right direction does not come without any challenges. One should ensure that the role of consultants needs to be well defined and their prime role needs to revolve around the elimination of inferior practices which is slowing down the organizational growth but not to insult the organizational intelligence.
The working relationship between organization and consultant should be collaborative, friendly and professional. Else, in some scenario, a piece of advice may look like criticism.
The business collaboration should always remind the common goals, i.e. improvement of operational efficiency of the organization.
While the lean specialized personnel consultants are usually hired to focus on one project; but based on the success ratio in such assignments, organizations may like to extend their services for longer periods towards getting assistance in various other specialized areas. Such collaborations are always mutually beneficial.
Organizations should always evaluate the advantages and disadvantages linked with hiring a potential consultant such as specialization, skill and experiences before making a hiring decision.