Consulting is a term used to describe the provision of business advice on various topics, including corporate strategy, product development, marketing, information technology, and operational improvement. Management consulting is what most people mean when they talk about consulting, and it involves firms hiring business-savvy problem-solvers to help their clients define problems or opportunities their businesses face, collect and analyze data to better understand the problem/opportunity and identify a recommended course of action, and plan the implementation of that solution across the company. Consultants are like "doctors" for businesses, brought in to diagnose the root cause of an issue and then prescribe and implement treatments.
Consultants can work in a variety of industries and sectors, and their services may involve either advisory or implementation services. They are enablers who work across a wide range of roles, industries, and geographies to apply their methods of analyzing information and to identify a new, positive way forward for their clients. A consultants day is highly variable depending on the project and role, and it can vary from building slide decks, designing business processes, or presenting status updates to the leadership team. Consulting allows consultants to try out new projects, roles, and industries, and diverse project work is one of the biggest perks in consulting as it allows consultants to gain experience in different areas.
In summary, consulting is the process of providing business advice on various topics, with management consulting being the most common type. Consultants are problem-solvers who diagnose the root cause of an issue and then prescribe and implement treatments. They work across a wide range of roles, industries, and geographies, and their services may involve either advisory or implementation services. Consulting allows consultants to try out new projects, roles, and industries, and diverse project work is one of the biggest perks in consulting.
