Guide to Management Consultancy License in Dubai

A management consultancy firm in Dubai works with clients to help them in the management of their resources and goals. The work would revolve around extensively with ambitious business leaders; so that to convert their companies into sharper, smarter, better versions. 

Given the significant global market chances as well as challenges, most companies are seeking to become strategy focus organizations. The most critical aspect is not to have the 'best strategy' but an actual strategy that can be applied and executed successfully. 

If you are going to start your business with a management consultancy license in Dubai, your client might be from a firm like a government institution or family own business, might be small and medium-sized companies, and might as well be the local and international group of companies located in Dubai.

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The Details of Management Consultancy License - Dubai

Aligned along, the mission of a management consultancy license in Dubai is to help the management teams of other organizations to create such high levels of economic value for them and provides answers to the organizations. Most importantly, business setup in Dubai is gratifying, and the management consultancy business is booming to provide solutions to all the emerging companies in the UAE.

• License Name: Management Consultancy
• License Activity Code: 741405
• License Activity Group: Consultancy -D- management, information as well as marketing
• License Type: Professional
• Activity description: The management consultancy license in Dubai allows for various activities mentioned below.
• provide administrative consultancy
• study the organizations to help them to improve their performance
• analysis of existing organizational problems
• develop a business plan for the improvement of the production of the firm
• procedural engineering
• laying out graphical visualization and related documents circulation, as well as internal policy formation
• restructure and develop a strategic plan for the organization
• updating the work procedures of a firm
• designing balanced scorecards for firms.

Although the management company formation in the UAE does not allow performing field surveys and questionnaires before getting approval from the competent authority.

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License Activities of a Management Consultancy in Dubai

You can perform the following as your primary activity through the management consultancy license in Dubai.

1. Market Assessment Activity

The market assessment is an essential task for many large and small as well as new companies. For any business, the assessment of complex markets can be a challenging job. 

As it requires local knowledge, as well as a wide range of in-house knowledge bases and evaluation to assist the market.

2. Strategy Formation Activity

A holder of a management consultancy business license in Dubai can assist in strategy formation.  You can offer the clients locally as well as globally to develop a strategy for them. 

They form a full plan that suffices the below-mentioned four aspects.

• A financial policy that meets the owner's chances
• A customer service strategy that would help to achieve the financial goals
• An internal process strategy that confirms that the client's prospects are met
• A business strategy ensures the organization shines in essential procedures and in the execution of the overall strategy.

3. Balance Scorecard Activity

The strategy and execution are always based on using the balanced scorecard (BSC) framework. Globally, less than 10% of policies are effectively implemented. 

The challenge most firms face is to have a robust and balanced strategic management system. The BSC operationalizes the vision and builds a network of related goals; also targets, and creativity to help the firm successfully implement its strategy. 

The scorecard can be dropped down into business at operational levels to create an Enterprise Performance Management System. This is another expert area where a management consultancy firm can help its clients.

4. Business Process Innovation Activity

This is yet another vast area where a management consultancy license holder can assist the client. An SME would find it more and more robust to improve the profitability process or increase clients alone. 

Organizations are putting a lot of effort into improving their process and results. However, it leads to being time-consuming and offers low results comparatively. 

Thereby, many turn to management consultancy firms in Dubai to enhance their profitability by refining their working competence and for pleasing customer experience. Only a management consultancy firm in Dubai would help you innovate your business processes and improve the performance of the organization.

5. Service Excellence Activity

Global data shows that 50% of potential customers are lost by companies in 5 years. Acquiring and retaining profitable clients and finding new ones is the core of any positive business strategy today. 

With a more and more competitive market, the client also demands more bespoke and high service levels. It is straightforward math that clients and services directly depend on one other. 

If you are going to start up a management consultancy in Dubai, then you have to focus on this activity as well. Mostly the firms ask for expert advice on elevating their services level. 

Getting a management consultancy professional license in Dubai can let you perform the following main task to improve the performance of a client.

• Customer segmentation
• Strategy Deployment Road map
• Customer contact analysis
• Technology assessment
• Customer Service Strategy Map
• Evaluation of current customer service levels
• Applying an exclusive benchmarking approach
• Development of a new Customer Service Strategy.

6. Human Capital Service

Human Capital service is another critical service you can bet on with your management consultancy as they advise the clients on human resources and change at every stage of their business. 

Select vital areas where they provide assistance. Also, you facilitate enterprise design and employee appointments for your client's firm.

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Choose Us to Get Your Management Consultancy License in Dubai

Through a Dubai management consultancy license, one potentially works with the client's management team. Thereby, evaluates the client's objectives, skills, and assets, strengths as well as weaknesses, and rationalizes global and economic trends, an industry framework, technology trends, a regulatory environment, and suggests competitive dynamics to the client. 

We at Commitbiz are here to share our experience derived from years of expert consultancy solutions. Contact us for any query or support in setting up a management consultancy business in Dubai.

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