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Consulting refers to advising the executive branch of a company. So one key ingredient it requires is experience (that the client company lacks), and the abilit
by fnl 9y ago
Consulting refers to advising the executive branch of a company. So one key ingredient it requires is experience (that the client company lacks), and the ability to communicate (in business/cash-flow terms) why the advice you are giving is superior to the company's current strategy. Obviously, it is necessary that you then can "make it happen", too. The "advice giving" typically happens before you are hired to get the "foot in the door", while the implementation is what you get paid for. I think the German term is more precise: "Unternehmensberater", that is, "company advisor". Anything lesser is just work-for-hire, with a cute title.
- barry-cotter 9y agoEnglish has a word for Unternehmensberater, it’s strategy consulting. The very highly paid temporary experts are operational consultants. The ones in the middle are management consultants. The top global management consultancy firms are McKinsey, Bain and Boston Consulting Group.
- fnl 9y agoYeah, there is a bunch of "xyz consultant" titles floating around in English. Executive, corporate, or financial consultant are some more. For the English titles, the distinction seems to be that the "management consultant" is the (more wages-level payed) work-for-hire guy.
- rurban 9y agoIn germany the better term and profession (for the tax office) is "system software consultant". Because this is a free profession, in contrast to other consultants who are non-free trade "gewerbe" with additional mandatory taxes and what else. E.g. application SW consultant, strategy consultant or just consultant is non-free.