Top 10 Careers in Business Consulting
Updated: Sep 5
If you have been on the lookout for a new career in business consulting, most likely you have come across the term "consulting". But are you aware of the different types of consulting? You can find the answer below.
In business consulting, this is a broad category that covers all professional consultations. The goal of these is to help the client achieve their goals. The consultant may also be a representative of the company. They are responsible for implementing and executing the strategies recommended by the client. In some cases, the consultant may serve as the primary contact person for the client.
In business consulting, the term executive consulting refers to a wide range of tasks that fall under the giant umbrella of consulting services. These can include strategic planning, market research, stakeholder consultation, and internal support. The key benefit to this consulting is that it can give your business the necessary direction and focus on meeting its goals and objectives. The downside is that this can take a great deal of time and focus. The good thing is that the experience gained from such tasks will significantly help your personal career development.
This is a more focused and specific type of business consulting. For example, oil and gas are consulting, financial consulting, and technology consulting. While you won't typically find a consultant specializing in marketing, the different types still share certain traits. This consulting requires a specific skill set such as analytical and transactional skills, interpersonal skills, and research and analytical skills.
In business consulting, contracts are often the way a consultant makes their livelihood. This is often seen in the health consulting industry. A contract consultant will be responsible for assisting companies in creating, implementing, and monitoring their contract obligations.
Non-recruitment based consulting:
This is one of the newer types of business consulting out there. In non-recruitment consulting, a consultant works on a per case basis. They do not actively seek out new clients. Instead, they make recommendations to their current clients and give their suggestions to potential clients as well. In many ways, this is a type of freelancing. However, a consultant working in this field will have a much more impressive resume than a consultant who actively seeks work.
Some of the first companies to utilize this method are called centers. Over the years, however, the practice has spread into many different fields. These consultants can be found in healthcare, IT services, manufacturing, and other industries. One notable industry that continues to use consultative services is government. Consultative consultants can help with government operations, such as communications, technology, and information management.
Overall, these are only a few of the consulting careers in business. While many of these consulting jobs involve a blend of business consulting and traditional consulting, it's essential to understand that each type has its unique style. Therefore, when searching for the perfect job, you should understand which characteristics best suit your personality and skill set.
If you are good at both, then you have many options to consider. Whether you're a natural consultant or a more seasoned hands-on consultant, there is likely a position for you in this industry.
The consultative consultant is an external expert contributing ideas, guidance, and resources to a business. The main advantage of this career is that it allows you to help shape the direction and strategy of a company without having to hold a title. In addition, because you're not a hired company employee, you can set your hours and choose your clients. While this can be a great advantage for many consultants, others enjoy the ability to meet new people and make connections regularly.
An independent consultant is a consultant who is employed by a client but not necessarily used by the company providing the service. This person is typically well-versed in the inner workings of the client company and able to provide detailed analysis and recommendations. In addition, since this individual isn't tied to a specific company, they can learn about new trends and opportunities that could benefit a company. For this reason, many consider independent business consulting to be one of the top 10 careers in industry consulting.
Finally, the consultative consultant is a mix of the two previous roles. As the name indicates, they are a client's advocate as well as an internal expert. Although they may still be technically an independent consultant, they are usually employed by a consulting firm and will report to someone else.