Advicetap Blog

Today’s guest post was written by Aarni Heiskanen of AE Partners in Helsinki Metropolitan Area, Finland. Aarni is a seasoned management consultant and today he shares with you a tip that if you take action on can become very profitable to your business.

You have the SWOT analysis, the Boston matrix and many more tools freely available at your disposal. Why would you want to develop consulting tools of your own?

The reason why my colleagues and I have developed new consulting tools has been straightforward. We have discovered – or gradually developed – a new consulting approach for client projects. The cause has most often been a client’s need or problem that has made us adopt a novel approach. Once the project has been completed we have analysed the developed tool to see if it could be applicable elsewhere.

A tool, in our case, is a process or way of structuring, analysing, and presenting information. It does not have to be “new to the world” but “new to the client or industry”.

How it all Started
Back in the 1990s I was involved in a project, which assessed the business value of IT in the construction industry. During the project we needed a simple method for measuring the maturity level of IT implementation and its business benefits. We created a framework called an IT Value Barometer. It was basically a set of 12 self-assessment sheets and three graphical representations of the data gained. (….More)