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What Is Consulting & What Do Consultants Do? [2023]

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Consulting is a term for providing business advice on various topics including, corporate strategy, product development, marketing, information technology, and operational improvement. But what most people mean when they talk about consulting is management consulting. Management consulting firms include top strategy firms such as Bain, BCG, and McKinsey. These firms hire business-savvy problem-solvers to help their clients: Think of consultants as “doctors” for businesses – brought in to diagnose the root cause of an issue and then prescribe and implement treatments. My Consulting Offer’s coaches have experience as consultants at Bain, BCG, McKinsey, and various other management consulting firms. We can give you insight into the industry and tell you what consultants do. In this article, we’ll discuss: Let’s get started! There are multiple ways to answer the question “What is consulting?” To dig deeper, let’s continue with our analogy of consultants as doctors for businesses. Why does

Erica Suesserman ex-BCG Recruiter Last Updated August 28, 2026 Content 1. What Is Consulting? 2. What Do Consultants Do? 3. Examples of the Impact of Consultants 4. 7 Benefits of a Career in Consulting 5. Downsides to Life as a Consultant 6. What Is a Typical Consulting Salary? 7. 7 Tips on How to Break into Consulting 8. Help with Preparing for a Career in Consulting Consulting is a term for providing business advice on various topics including, corporate strategy, product development, marketing, information technology, and operational improvement. But what most people mean when…

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