Business Solution Consultant

A Business Solutions Consultant is a point of contact between the business and the client. The efforts are always directed towards achieving the broader clients' goals regarding revenue and goodwill. They offer solutions to the client's problems by suggesting feasible and effective business strategies.

Various roles taken in this profession are as follows:

• Business Analyst: Analyses the company's revenue and expenditure based on which optimization plans are formulated.
• Customer Success Specialist: Ensures the clients continue their business relationship with the company by improving the business services.
• Solutions Consultant: Assesses the overall business operations and revises the existing plans if any changes are required.

Roles and responsibilities taken up by the Business Solutions Consultant are:

• Coordinate with management to understand business problems and develop effective solutions by recommending business strategies and ideas to achieve company revenue goals. And identify new business opportunities and write business cases.
• Collaborate with the Project Manager in planning and executing assigned projects, understand project requirements and develop priorities, scope and schedules. Also, determine resource requirements and identify resources with appropriate skill sets to complete the project.
• Providing clients consulting services regarding best business operations approaches such as human resources, finance, marketing, accounting, and information technology (IT).
• Develop custom software applications or computer systems for clients based on their specific requirements and create training materials or programs to help employees use new technology effectively.

Major educational qualifications required for Business Solution Consultant are:

• Must hold a bachelor’s degree in commerce, business administration, computer science, information technology, or economics.
• Must have completed certifications like SAP, CPA, and CA.
• Work experience in a similar role.

The career progression in this profession is comparatively faster due to the growth of IT Industries. A reasonable period of around eight to twelve years is required to move from Business Solutions Consultant to Director of Project Management. The intermediate positions in the hierarchy include Account Manager, Solutions Architect, Project Manager, Senior Project Manager, Senior Business Development Manager, and Director of Product Development.

Various alternative roles available to transit from Business Solutions Consultant are as follows:

• Customer Success Manager: Ensures customer satisfaction and successful implementation of products or services.
• Business Analyst: Analyzes business data and provides insights to support decision-making and improve performance.
• Finance Manager: Oversees financial activities, budgeting, and financial reporting to ensure organization's financial health.
• Freelance Consultant: Provides specialized expertise and consulting services on a project basis.
• Business Strategy Consultant: Assists businesses in developing and implementing strategic plans to achieve goals and drive growth.
• Operations Consultant: Streamlines and improves operational processes to enhance efficiency and productivity.
• Sales and Marketing Manager: Develops and implements sales and marketing strategies to drive revenue and increase market share.
• Project Manager: Plans, organizes, and oversees project execution to ensure successful completion within budget and scope.
• Accountant: Manages financial records, prepares financial statements, and ensures compliance with accounting regulations.
• Auditor: Examines financial records and operational processes to verify accuracy, identify risks, and ensure compliance.
• Human Resource (HR) Manager: Oversees HR functions such as recruitment, training, performance management, and employee relations.

With the emergence of startup culture in India, new businesses require strategies to sustain themselves in the competitive world; They seek the advice of consultants. The annual growth rate of consulting industry in India since 2017 is 30%.
Every company needs an expert to formulate plans to ensure its long-run operations. Business Solutions Consultant provides this expertise. Around 2.2 lakh employment opportunities will be created in the next three years, assuring a promising career as a Business Solutions Consultant.
Problems are inevitable in any business. As long as problems persist, the demand for Business Solutions Consultants exists. One can get greater exposure to opportunities worldwide after gaining significant experience.