From Consulting Recommendations to Business Results: A Framework for Measuring Advisory Implementation

Authors

  • Ann Kinyanjui Hallmark Advertising and Marketing Ltd., Kenya Author
  • Miracle Wikiri Tek Experts, Lagos, Nigeria Author
  • Olawunmi Odufuye Indorama Eleme Petrochemicals Limited, Nigeria Author
  • Kehinde E. Oyediji KPMG, Financial Forensic Services Author
  • Tochukwu I. Olife Sterling Bank Plc, Abuja, Nigeria Author

DOI:

https://doi.org/10.18091/

Keywords:

management consulting; strategy implementation; benefits realization; performance measurement; accountability; return on advisory investment

Abstract

Organizations spend heavily on management consulting, yet the link between the advice they purchase and the results they achieve remains poorly measured. Most engagements are evaluated at the point of delivery, when the report is accepted, rather than at the point of value, when recommendations have been implemented and have changed performance. This paper addresses that gap by proposing the Advisory Implementation Value (AIV) Framework, an integrated measurement approach built on three pillars: implementation progress, financial outcomes, and organizational accountability. The framework specifies a set of metrics for each pillar, a method for attributing financial results to advisory interventions, a scoring model that combines the pillars into a single index, and a five-phase measurement process that runs from engagement close to twelve months after delivery. An illustrative application to a hypothetical mid-sized manufacturer demonstrates how the framework distinguishes between advice that was adopted, advice that was adopted and worked, and advice that was adopted but lacked ownership. The paper concludes with implications for client executives, consulting firms, and boards, and outlines an agenda for empirical validation.

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Published

2024-12-30

How to Cite

Kinyanjui, A., Wikiri, M., Odufuye, O., Oyediji, K. E., & Olife, T. I. (2024). From Consulting Recommendations to Business Results: A Framework for Measuring Advisory Implementation. International Journal of Science, Technology & Society, 8(01), 258-303. https://doi.org/10.18091/

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