Research Article

Management consultancy: It’s efficacy in small-scale business development in Nigeria

Austin O. Oparanma

Rivers State University of Science and Technology, Department of Management, Port Harcourt, Rivers State, Nigeria

Author E-mail: okachi@yahoo.com

Accepted 20 July 2014

Abstract

The objective of this paper is to provide an insight into the role that consultants play on the development of small-scale businesses in Nigeria. It basically deals with the small-scale businesses because small-scale business acts as a spring-board for the industries. People do not make use of them due to lack of knowledge, as most people claim they do not really know what value it has to add to their businesses. Most large businesses tend to appropriate the work of management consultants more than smaller industries, as a greater number of the latter do not attempt to make use of this service. Their reasons being that the fee charged are enormous. They see the fees without the result that will be obtained when the services are put into use. Small-scale businesses are therefore advised to make use of consultancy services to improve their businesses.

Keywords: consultancy, strategist, efficiency