Washington D.C., United States: the World Bank has spoken well about the call center industry of the Philippines and announced the benefits that it is to bring to the economy of the country. This has taken the world's attention towards the Philippines and wooed the major players in this industry all around the globe.
With its concept emerging back in late 1800s, the consultancy industry is now a highly developed and recognized field. Along with the practice of helping firms in improving their performance, this industry is one of the many fields of management consultancy. In its aim to help firms, businesses and organizations enhance their performances, this field by involving the processes of analysis of problems and development of improvisational plans primarily but may also include other forms of management which may be required for that particular matter. These include change management, asset management and risk management as well as formulation of strategies and laying out plans for operation, finances and marketing.