1.1 Industry Overview
Human resource (HR) consulting, also referred to as human capital advisory or HRM consulting, spans advisory and implementation activities related to the management of an organisation’s human capital and the HR function. The scope of services ranges from overarching work on human capital strategy to the design and deployment of a compensation & benefits framework down to the transformation of the HR function.
The global human resources consulting services market is expected to reach a valuation of US$ 49.4 billion in 2022 and accelerate at a CAGR of 5.2% to top US$ 82 billion by 2032. Human resources consulting services accounted for nearly 12% share of the global management consulting market at the end of 2021.
The human resources consulting services category is poised for an accelerating spends momentum during the forecast period. A significant share of this spend momentum is credited to the large-scale adoption of digital HR for various HR-related processes by businesses. These processes are known to boost organizational performance as well as reduce expenditure. Among the entire category segments, the talent management services accounted for about 30% share of the overall category spend last year and are predicted to grow at a stable rate. This growth is a result of the increasing outsourcing of talent management and retention services to HR consulting firms which allows buyers to focus on their core operations.
1.2 Executive Summary
Taking advantage of the opportunity of high demand for a good HR Consultancy service globally especially in Qatar, our HR consulting service will give out their best to give the best service needed. CAREERS CONSULTANCY is a human resource consulting company located in Um Lukhba-Qatar. CAREERS CONSULTANCY has expertise in a wide range of HR areas and is targeting the emerging company market. an organization focused on growing, diversifying and maintaining a balanced economy, leading to more economic stability, sustainability for Qatar and the region.
The founder started CAREERS CONSULTANCY with the desire to contribute to his community; he realizes the need for Qatar to have a good HR consulting service that fills a void left by other consulting service in the country.
CAREERS CONSULTANCY will provide their HR consulting service to all that needs it, including recruitment and students orientation under their service specification. CAREERS CONSULTANCY will also be responsible for performing advanced, specialized and administrative duties in a designated human resource company. We will provide human capital guidance and advice to companies. We will also develop human resource models, advise businesses on policies and procedures, and resolve any issues that a company might have with its workforce.
We are professionals at HR consulting service, and we offer our consulting services to companies both locally and internationally. Our service program also includes doing recruitment service and also gives students orientation to universities by contributing to the continuous education of the youth in Arab to be admitted in different fields in world class universities.
Everyone has a growing desire to start a HR Consulting service but most do not get it accomplished due to a lack of passion or experience involved to start one. The founder's vast knowledge, research and human resource experience in the industry made him come up with the idea of starting CAREERS CONSULTANCY, a business that will offer standard and highly qualified staff to work diligently and passionately for the growth of the company also giving the best HR consulting service and strategy to those that needs it.
CAREERS CONSULTANCY experts guide and facilitate performance solutions at individual and team levels. We are professionals at offering a specialist Executive HR consulting Service and also recruiting qualified, professional and skilled people for companies that needs our service. CAREERS CONSULTANCY operates in Qatar and other countries across both the private and public sectors, dealing with permanent positions, contract roles and temporary assignments. Our professional experience and expertise sets us apart from our competitors and gives us a unique perspective on consulting service for our clients.
CAREERS CONSULTANCY is established with a passion and desire to ensure that the best HR consulting service levels are provided in the industry. We acknowledge that the HR consulting industry is an ever-changing, fast-paced environment, and it needs a rapid response to help meet the increasing demands in delivering best-in-class expert workers to organizations. And we at CAREERS CONSULTANCY are happy to fill this gap and contribute to our quota. This will be achieved by giving an excellent consulting service to the companies that needs our service. CAREERS CONSULTANCY is established to fill the huge gap that is not being filled adequately by other HR consulting firm.
CAREERS CONSULTANCY is an existing company in Qatar that aim to enhance productivity and increase ROI by applying the human capital management activity, and to unlock employee’s full potential to match their talents with market opportunities. The long-term vision of the company includes a number of offices throughout the Arabic region. The company will encourage all CAREERS CONSULTANCY’s personnel to treat each client and employee with the same care and level of communication. CAREERS CONSULTANCY will target all companies in Qatar and other countries that need our service. CAREERS CONSULTANCY provides capable staff and also aims to specialize in giving companies the best service at all time. At CAREERS CONSULTANCY, our HR Consulting service and all other services are made available within the shortest notice.
We provide our HR consulting service for organizations while retaining a "brand name". We are on the brink of penetrating a lucrative market in a rapidly growing industry, as we are positioned in Umm Lukba and online with a massive demand for HR consulting service.
We are quite aware that to become the number one choice in Qatar and beyond, we must continue to provide standard consulting services, and that is precisely what we will do. No doubt our excellent HR consulting service will position us always to welcome repeated customers and handle massive deals from our target customers.
At CAREERS CONSULTANCY we are passionate about the pursuit of excellence and financial success with uncompromising service and integrity which is why we will continue to give our best for a good turnover. We intend to implement a market penetration strategy that will ensure that our company is well known and respected in Qatar and beyond.
The main goal of our business is to contribute to the community by filling the need for a good HR consulting service for companies that need them. We are focused on tailoring our company to the new generation by developing new strategies and methods that allow us to attract clients to our company over an aging competitors company.
Our customer's best interests will always come first, and everything we do will be guided by our values and professional ethics. We will ensure that we hold ourselves accountable to the highest standards by meeting our customer's needs precisely and completely. We will cultivate a working environment that provides a human, sustainable and healthy approach to earning a living, and living in our world, for our partners, employees, and our customers.
To be successful in a dynamic and competitive business like this, we believe that we need to maintain positive habits and thought in our service delivery to clients.
The business is founded and managed by Raymonda Karam. She has over 18 years’ experience as a Human Resource Professional. She is diligent and has put up hard work honesty and commitment to the business. She is enthusiastic accomplished and performance-driven professional with years of experience in the industry.
The company will leave no stone unturned in ensuring that the aims and objectives of the company are achieved by giving the best service to our customers and partners ensuring that they remain true to themselves and giving them the best experience.
Now we do have a great vision and surprises to come with our company but we require the fund to actualize these goals. We will make use of personal investments and may need investors to trust in our plan and know with CAREERS CONSULTANCY we will surpass other companies in the same industry with us.
Apart from our intended guerrilla marketing approach, we expect to win the market shares by undergoing the following strategies:
- Understand the opportunity in detail;
- Develop and look out for more staff adapted to the needs of the focused industry.
- Organize for national growth, evolving from a narrow Umm Lukba focus to a national level.
- Optimize offsets and other obligations through sound and response strategies.
We will minimize risk factors to CAREERS CONSULTANCY’s success by:
- Minimizing overhead costs to increase the net profit.
- Building a sufficient customer base. We are quite confident that this, coupled with our good marketing plan will achieve our desired result.
1.3 Vision and Mission Statement
Vision
- To be recognized as key Arab provider of HR consultancy for the development and execution of growth strategies across major MENA economies.
- We move towards becoming a key player in the development and enhancement businesses in Qatar by 2030, through our quality- oriented HR consulting services.
- We are committed to converting talents into human capital.
- We want to be the leading partner that clients and companies choose to connect with at all times.
- To have a reliable and strong customer base all over Qatar and beyond.
- To be financially sufficient.
- To have many companies patronizing us from different countries of the world.
Mission
CAREERS CONSULTANCY’S mission is to contribute to the community by filling the need for standard HR consulting service. We provide human resource consulting for emerging companies. We exist to attract and maintain customers. When we adhere to this maxim, everything else will fall into place. Our services will exceed the expectations of our customers. CAREERS CONSULTANCY listens to individual needs and customizes personnel solutions for businesses.
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