26 Nov Compliant with the International Standard ISO 20700: 2017 for management and consultancy services
AK Consulting Business Development and Financial Services e.U. is compliant with the International Standard ISO 20700: 2017 for management and consultancy services
ISO 20700, Guidelines for Management Consultancy Services, aims to help management consultancy service providers (MCSPs) and their clients improve transparency and understanding of their consultancy assignments, in order to achieve better results. The appropriate application of this International Standard enables the service providers to reduce risk in management consultancy assignments, bring valuable expertise to an organization when initiating organizational growth and/or change and provide better value to its clients.
ISO 20700 is applicable to all MCSPs regardless of size or the operation field, including associations, governmental and non-governmental organizations, partnerships etc. While focusing on the importance of understanding and meeting client’s needs, the standard gives an opportunity to MCSPs to protect innovation and differentiation.
ISO 20700 – Guidelines for Management Consultancy Services, was published for the first time in June 2017.