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Consulting Glossary

Management Consulting Glossary

Clear, practitioner-written definitions of the terms most commonly encountered in strategy, M&A, digital transformation, market entry, and financial advisory.

13 Consulting Terms Defined

Market Entry Strategy

A plan that defines how a business will establish a presence in a new geographic or product market.

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Due Diligence

A comprehensive investigation of a business before a transaction or significant commitment.

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EBITDA

Earnings Before Interest, Taxes, Depreciation, and Amortisation — a core measure of operating profitability.

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Go-to-Market Strategy

A plan that defines how an organisation will deliver its product or service to target customers.

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Joint Venture (JV)

A commercial arrangement where two or more parties combine resources to pursue a specific business objective.

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Mergers & Acquisitions (M&A)

Transactions in which companies are consolidated — through mergers, acquisitions, divestitures, or buyouts.

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Private Equity

Investment in private (non-publicly traded) companies, typically through structured funds with defined investment periods.

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Digital Transformation

The integration of digital technology across all business areas to fundamentally change operations and value delivery.

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Operating Model

The blueprint that defines how an organisation delivers its strategy through people, processes, and technology.

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Management Consulting

Professional advisory services that help organisations improve performance, solve problems, and achieve strategic goals.

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Strategic Planning

The process of defining an organisation's direction and allocating resources to pursue that direction.

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Franchise Model

A business arrangement where a franchisor licenses its brand, systems, and know-how to franchisees in exchange for fees.

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Capital Allocation

The process of deciding where to invest financial resources to maximise long-run returns.

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