What Is Consulting, and Who Needs It? Consulting has become a catch-all term loosely referring to the provision of business advice across a range of issues, but it is much more than this. Consulting engagements are typically designed to solve focused and specific challenges for clients, using experts in problem-solving. […]
While both consulting and advising involve bringing in experts for strategic problem-solving, these services differ in a few key ways. Consulting engagements are typically designed to solve focused and specific challenges for clients. Advising engagements are generally longer-term and more systemic. An advisor may spend many months or years helping […]