Consulting is defined as the practise of providing a third party with expertise on a matter in exchange for a fee.

Consultants (often referred to as management consultants) help organisations manage change and solve problems so they operate more efficiently and therefore profitably. Consultants offer advice and expertise to client organisations to help them improve their business performance.

An operational consultant uses data and research to help an organization streamline its operations, and/or enhance its operational performance. For example, they could be tasked to help reduce costs, increase business efficiency, or improve company productivity.

At the heart of the industry stand six main domains – Strategy Consulting, Management Consulting, Operations Consulting, Financial Advisory, HR Consulting and Technology Consulting – that combined span services and offerings in over 200 industry and functional areas.