Consultants can be found in almost any industry. They are hired by law firm retail businesses, government organizations and mining companies.
Typically consulting roles can fit into one of the following 5 categories:
1. Strategy Consulting
This focuses on and assists with the long term vision of the company. Their goal is to see the bigger picture and identify ways to increase the company’s overall profitability and competitiveness. They form strategies to reach long term goals and see the
implementation of this and bring in the results.
2. Operations Consulting
This looks at systems that clients use to reach their goals and work to enhance their efficiency. They assess all levels of operations including production, sales and customer service. They are interested on how processes can be refined in terms of cost, time involved and steps required to best meet the target. Strategy consulting and operations consulting are closely linked.
3. Financial Consulting
This assess a client’s financial position in order to put forward a plan on how to better manage the finances of the business.
This may involve provide information and advice on investment strategies, tax issues and how to manage every day expenses of the business Financial consulting also covers insurance advice and saving strategies.
4. Information Technology Consulting
This area provides advice on how to best use technology to enhance a client’s business. This field is also called IT Advisory, Tech consulting etc. This could involve designing unique software, testing the efficiency of the current devices and programs within the business. With hacking highly prevalent in current times, IT consultants are increasingly being called upon to ensure there is no security breaches and that sensitive information is kept confidential.
5. Human Resource Consulting
This area handles matters concerning firm employees. They deal with the people side of business. The consultants work with clients in the recruitment and transition phases to place the best people in the correct role. They research and implement well-being statements, attend to communicate issues and handle recruitment as well as management changes. They also manage outsourcing.