Business/Management and project consulting in Nepal

Today when i was returning from office, i was thinking about my career. What should i do when i go bak to nepal after compleeting my higher study? People harldly think our of their work and experience. Si i was also thinking about the management and project consulting business in nepal.
Possibility of management consultancy and project consultancy is very high now a days as far as i think. After restoration of demoracy government has plan to spent a lot of money in infrastructure development which can be one potential area of project consulting and private sector is also very motivated to invest in new sectors. Further many companies and industries are facing many business and management problem which is one potential area of management consultany.
Competition is minimum in this field if we concentrate on market however some big name such as KPMG and Price Waterhouse Coopers are present with agency. But these agencies are more concentrating in auditing not in project and management consulting. So business potential is very high and competition is relatively low.
Human resource for this business is little bit problem. But now a days many students are returning from good business schools and we can also hire some experienced person in management and project. Engineers are not a problem in Nepal but some good MBA's should be hired.
Finally i see management/project consulting business can be one potential area where we young people can enter and thrive. We can put out knowledge and effort learnt in foreign universities and companies for the development of our nation.

Management consulting in Nepal

Business success is ultimate goal of any business person and without proper management it is not possible. Management consulting is considered as one of the key factor of successful business.
Basically management consulting companies provide services to the large corporation as well as small and medium to solve their management problem thereby increasing the efficiency within the company. Many ground breaking management concepts are developed by management consulting companies and among those Boston Consulting group, GE consulting, Mckensy and lot more to name.
Nepal being a under developed country may take such advantages of consulting services of those consulting companies. Some companies had tried to enter in nepalese market. For example Delloite, KPMG etc. But those were concentrating in financial consulting not management consulting. Therefore major companies such as BCG, Mckensy, Bearing point, Accenture should try to enter in this tiny country not only to expand there market but also to strethen the development and industrialization of this country.

Business Process Optimization

Doing business is a continious process. Remain in the market, the business process of the company should be optimized. Optimization ofprocess means analyzing the existing business process and finding the deviations, problems and constraints. Then providing recommendations and finalyy implementing these recommendations in the process. In short identify the problems in existing process and removing them using various tools and techniques.
Business process optimization contains two process; transition and transformation.

Transition
When companies have problems it should identify these problems. Analyzing the existing system ,identifying the problem causing underperformance and finally providing recommendations is called transition. In another word we can call it problem identificationa and idea generation stage.
Transformation
This is working phase to implement the recommendations. In this stage plans and strategies are generated to execute those recommendation to transform from current state to improved state. Many tools, techniques and processes are applied here to get new optimized environement which is enable to operate efficiently and effectively.