Why is there a Need for Consulting Firms

When business grows crossing the boundaries defined by limited internal resources, including your own and your executives’, it pays to engage the services of external business management consultants. Large business management consulting houses, pride in their vast exposures to handling wide ranging business complexities under differing international conditions.

Businesses become complex as time passes by and handling them is a new challenge. Business houses of all types and sizes depend on external experts, management consultants, who analyze the situation on hand and optimize the possible, profitable way ahead. This may include ways to improve the firm’s structure, efficiency and returns.

When fast growing companies in the small sector find it difficult to manage various aspects like inventory control, expenses and legal matters, they have two options to choose from, in order that they tide over the situation into a smooth settlement.

· They recruit managers with proven expertise

· They hire the services of external business management consulting agencies

The latter option always gives the firms the cost benefit over recruiting managers, without the long term commitment. Normally, small businesses are served by small consulting firms which range in size from a single practitioner firm to a team of professionals.

Why Large Corporations Hire Business Consultants?

The spread and expanse of large, multi billion dollar corporations involves operations in complex situations besides being engaged in a variety of transactions. They may not find it worthwhile doing onetime operations and tasks themselves. Here is a snapshot of other circumstances when large corporations engage management consulting firms.

1. Market researching and site selection for their offshore expansion plans to help make decision on a new venture.

2. Explore the possibilities of merger and acquisition of a firm engaged in the same line of business or a related one. And help complete the legal, corporate as well as financial formalities till end.

3. Fund raising through either of the IPO, private placement of instruments of investment or loans and venture capitals including fulfilling statutory requirements

Vertical and Horizontal Expertise of Business Management Consulting Firms

Barring a few large consulting firms, most of them specialize in particular lines of businesses. You might have heard of Public Issue Management firms or firms specializing in Market Research and Finance Management and so on. Such consulting firms can be termed as vertically specialized in their fields. Where as companies like the ones mentioned above, McKinsey & Company are experts in multiple areas of business conducting right from financial auditing to offshore acquisitions and can be termed as firms with horizontal specialization.

Business Management Consulting Firms, by their virtue of experience of having handled various situations will have a practical approach to problem solving. This is another plus in favor of them.

Live streaming platform NiMO TV comes to the Philippines

Manila, Philippines – Make way for an epic game-streaming app as NiMO TV officially launches in the Philippines bringing in exclusive partnership with Rules of Survival and TNC Pro Team Dota 2.

NiMO TV, a game streaming app focusing on community interactivity through chat and virtual gifts expands in the Philippines following its successful launch in other Southeast Asian countries like Malaysia, Indonesia, Thailand, and Vietnam.

NiMO TV features a user interface (UI) that streams top-trending games like PlayerUnknown’s Battlegrounds (PUBG), Mobile Legends, Dota 2, Rules of Survival and live online access to esports events and tournaments through its front-page listing.  It also allows game streamers and viewers to chat with one another in its live chatting platform, with this feature NiMO TV aims to create an ecosystem, which involves streamers, viewers, brand sponsors, and celebrity players with hopes to build the streaming experience more interactive and fan-friendly.

NiMO TV continuously strengthens its pool of streamers in both novice and veteran gamers. One testament is an exclusive partnership with the Philippines’ Pride TNC Pro Team Dota 2, a globally recognized squad who cemented its legacy by consistently qualifying and winning different Dota 2 Championships in the World with total earnings of more than 126 Million Pesos throughout their professional career.   

One exciting event in the pipeline is the upcoming Rules of Survival – NiMO TV - Philippine Champions League tagged as one of the country’s biggest esports league with a combined pool prize of Php 500,000. A cash prize ranging from Php 25,000 to Php 100,000 awaits the sixth to the first place winners of the event.

With NiMO TV’s expansion to the Philippines, they aim to make a solid presence in the rapidly growing world of esports and game streaming.

Download the NiMO TV app at Apple app store and Google Play store. Click link here.  https://nimotv.onelink.me/B6cW/d16e7349

xxx

About NiMO TV

NiMO TV is a leading global platform that allows millions of gamers from all around the world to play and broadcast their games to other like-minded players building a community of players, gamers, and fans that drive conversation, and allows peer-to-peer rewards and recognition. Utilizing a high-quality interactive technology, audiences can interact with streamers, and gain access to exclusive esports events and tournaments, along with unprecedented access to the top streamers from across the region.

Helping Children Cope with Separation/Divorce

Not everyone is blessed with a complete and happy family. It is quite acceptable to see broken families, children dealing with step mothers or step fathers, or children dealing with a single parent. Separation or divorce is acquired by most couples who cannot deal with their relationship anymore, or simply cannot work things out between them any longer. When this happens, their children are the ones who suffer the most. They now encounter a state of depression, wherein they tend to think about what they had before as a family, their connection, their close relationship between each other. This often links to even more decrease in their happiness, causing further psychological problems if not dealt with as soon as possible.

When dealing with separation/divorce, the couple themselves need to analyze and think of what is going to happen with regards to their shared finances, their house, and most especially the custody of their children. It is critical for each parent to know what their children are feeling, since this is a state of anxiety not just for them, but also for their kids. Of course, feelings of depression cannot be avoided by everyone, since their lives are about to change, hopefully for the better. But separated is a hard stage to manage because all family members involved have feelings of anxiety and sometimes depression, which could make things even worse to handle or accept.

Children with separated/divorced parents can truly be unpredictable. Some may show optimism by showing that they are independent and mature with regards to their parent's condition. This can be seen when children are of proper age, and can understand this kind of predicament. Others may react differently, showing no emotions whatsoever. This situation must be guarded accordingly, since the child may suffer from anxiety or depression but is not capable of letting it all out yet. In this case, it is wise to let the child into family counseling, a good way to communicate and interact with their thoughts and emotions. In this way, they may be able to express what they are truly feeling about the situation, and the respective counselor can assess the child's behavior and can give an appropriate evaluation of the child. This can really help in finding peace within the child himself, and can also make him easier to accept the unfavorable situation. Younger children require at least one from the couple to be with them during these kinds of situations since they cannot take care of themselves without having at least a parent nearby. It would be recommended to try and talk to the child in a nice and loving manner, simplifying the events that are taking place. The child needs to know why his parents are not together anymore, so that he may not fall into a state of depression.  Giving extra time and effort to the children can be of great help to their emotional healing.  Children should be given the attention they need. Being able to communicate well with your children, asking them about their everyday lives, and just to be a part of their life can have a huge impact on their upbringing. Parents should continue to see, talk, and love their children even when the only option to take is separated.