Alouk Kumar

The Concept of Shared Services Centres: Streamlining Efficiency and Building Business Agility

Companies are hastening back-office consolidation: the global shared services market is booming, with projections indicating it will grow by high double digits (CAGR of about 22-24 per cent as of the mid-2020s) as a result of automation, cloud-based services, and the need to deliver standardised services.  According to the survey of Global Business Services (GBS), …

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How to Grow Your Financial Advisory Business

Those who embrace the concept of digital scale while also providing deep human trust will be successful in financial advice in five years. Systemic financial wealth reached an all-time high of approximately 305 trillion in 2024, and wealth creation has accelerated in most markets; the addressable market for advisers who reach, serve, and retain modern …

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What is the Difference Between Strategy and Management Consulting?

Strategy-based decisions and disciplined execution have become business requirements, and the global consulting market is expanding, making external expertise the new standard for companies looking to grow, adapt, or protect their market presence. As businesses invest in transformation and delivery capabilities, the global strategy consulting segment has to grow to approximately USD 71–75 billion in …

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How Does Global Expansion Impact Business Operations?

The world is experiencing the boom of the consulting market, which is estimated to grow from USD 4.75 trillion to USD 8.97 trillion from 2024 to 2034 respectively with a compound annual growth rate (CAGR) of 5.27%. The development of the need to recruit specialised skills in such areas as artificial intelligence, digital transformation, and …

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How Does A Business Finance Its Operations And Expansion?

An Innovation-ready firm finding its first customer but no cash to pay engineers. A regional retailer making a decision to move to neighbouring markets. Both have the same question: how to fund the operations and expand all over the world. The appropriate funding combination transforms strategies to workplaces, pilots to products and local prosperity to …

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Shared Services Center: The Backbone of Modern Business Operations

In today’s fast-paced corporate environment, businesses are constantly searching for ways to streamline operations, cut costs, and remain competitive. One model that has stood the test of time and continues to evolve with technology is the Shared Services Center (SSC). At its core, a shared services center is a centralized hub where organizations consolidate business …

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What Is the Difference Between Strategy And Management Consulting?

The current trend is that businesses are getting disrupted at a faster rate today due to AI implementation and the changing global supply chains. Choosing between Strategic planning consulting and Management consulting can make the difference between business survival and demise. In 2024, the global management consulting market is over $1 trillion and is experiencing …

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How Consulting Firms Use No-Code Crm For Project Management

Consulting firms are moving more and more to no-code CRM as a way to execute project management consulting more efficiently, minimise non-billable work, and provide quicker client value. No-code/low-code market is expanding at a brisk pace. Enterprise adoption of no-code tools has reached a critical mass in 2024-25 and is rapidly gaining momentum as companies …

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