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Description - The Economics and Sociology of Management Consulting by Thomas Armbruster

Management consultancy is a key sector in the economic change toward a service and knowledge economy. Originally published in 2006, this book explains the mechanisms of the management consulting market and the management of consulting firms from both economic and sociological perspectives. It also examines the strategies, marketing approaches, knowledge management and human resource management techniques of consulting firms. After outlining the relationships between transaction cost economics, signaling theory, embeddedness theory and sociological neoinstitutionalism, Thomas Armbruster applies these theories to central questions such as: Why does the consulting sector exist and grow? Which institutions connect supply and demand? And which factors influence the relationship between clients and consultants? By applying both economic and sociological approaches, the book explains the general economic changes of the previous thirty years and sharpens the relationship between the academic disciplines.

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Book Details

ISBN: 9780521857154
ISBN-10: 0521857155
Format: Hardback
(228mm x 152mm x 19mm)
Pages: 266
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 16-Nov-2006
Country of Publication: United Kingdom

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Author Biography - Thomas Armbruster

Thomas Armbruster is Professor of Business Administration in the Department of Management and Economics at Witten/Herdecke University, Germany.