Consulting, Business Strategy

Consulting firms are hired by organizations of all kinds – for-profit, nonprofit, and government agencies – to help them solve a problem or facilitate an organizational change. The more commonly known “general strategy” firms cover a broad portfolio of industries across sectors. There are also firms that specialize in specific industries such as healthcare, government, and financial services, while others specialize in functional areas that span industries, such as human resources, technology, and communications. Rather than hire an outside firm, some organizations have internal consultants, also referred to as business or corporate strategy departments, to address and resolve similar business and operational issues from within the organization.