Positive and Negative Effects of Consulting Companies in Crisis Period

Necsulescu Catherine ()
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Necsulescu Catherine: "Danubius" University of Galati, Faculty of Economics

Ovidius University Annals, Economic Sciences Series, 2010, vol. X, issue 2, 541-543

Abstract: Consulting, regardless of its area of expertise, is the star of western practitioners who have gained ground in Romania. Companies struggle with the economic crisis took most of the time as draft reorganization and growth performance. The general impression is that management has become more interesting to analyze how the company creates added value. Instead of perceiving business processes as a black box that arise between resources and revenues, management tries to follow the logic: "understand - measures - optimize / transforms – automates”. Management is more realistic in terms of return on investment. Instead of expect a return on investment in the short term, most have reset expectations to 2-3 years, in the opinion of consultants this approach being more realistic and healthy for the Romanian companies. All these changes have been catalyzed by the economic crisis that has succeeded in making a good part of the Romanian management of the state of dreaming and self-sufficiency. The pressure on profitability, efficiency and attention to the customer will continue and transform the organizational environment of the Romanian companies in a more structured and more healthy.

Keywords: consulting; Socio-economic instability; blocking sphere (search for similar items in EconPapers)
JEL-codes: O (search for similar items in EconPapers)
Date: 2010
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