What are the main types of Consulting?

What are the main types
of consulting?

Yohan Albo - CEO DataToCapital Consulting LTD.

By Yohan Albo

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There are many types of consultants, but all good consultants will, as Marylin Suttle states, “Look for the positive qualities in [their] clients’ negative behavior”.

 

Here is a look at the different types of consultants available for organizations to hire for advice:

Strategy Consultant

Strategy Consultant

A strategy consultant is a consultant that focuses on strategic areas of a company such managerial practices, organizational behavior, economic policy and business development. Consequently, a strategic consultant works together with the highest levels of management in a company. Generally speaking, a strategy consultant leverages his/her quantitative/analytical skills to provide advice to his/her clients.

Management Consultant

A management consultant, sometimes referred to as a business consultant or organizational advisor, is a consultant that focuses on an array of organizational concerns in a company. As a collective term, management consulting for all intents and purposes includes all forms of consulting and advisory.

Operations Consultant

An operations consultant is a consultant that assists clients in improving the performance of their operational activities. A consultant in this area provides an array of services from merely providing advice to hands-on implementation support such as financial restructuring. As operations is ordinarily linked with the strategy and technology parts of a company, an operation consultant usually works closely with experts from these respective industries.

Financial Advisory Consultant

A financial advisory consultant works on questions relating to financial capabilities, using analytical tools and forecasting methods. As a result, a financial advisory consultant can provide advice in areas from Mergers and Acquisitions (M&A) and Initial Public Offerings (IPOs) to risk management and financial securities. The majority of financial advisory consultants are employed by professional services firms such as Deloitte, EY, PWC and KMPG.

IT Consultant

A technology consultant, or a digital consultant, attempts to help clients develop and implement Information Technology (IT) within their company. An IT consultant works on implementing transformational technologies in a company as opposed to an IT employee who works on the day-to-day technology operations of a company. Within IT consulting, organizations are increasingly hiring consultants who specialize in digital, data analytics, cyber security and IT forensics.

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DataToCapital is a boutique management consulting firm that supports global tier-1 firms and start-up companies operating in Israel in their route to excellence and market dominance. Our core services, designed for CEOs, Executives (VP-level and above) and Entrepreneurs, can be divided into three areas: Market Intelligence, Corporate and Product Strategy, and Execution Support on top-down strategic initiatives.

The quality of the work we deliver in the three areas mentioned above is equivalent to what your company may already get from the top-3 consulting firms that operate in the Israeli market, BUT here’s the twist and why our tier-1 clients think we are superior.

We don’t only provide smart recommendations, we work closely with the management team and can also support driving the execution of their strategic initiatives behind the scenes or as a proxy.

We are at the strategic intersection of Business and Technology. Thanks to our rich background, we know how to connect the dots between the two worlds, and how to be very creative when it comes to disrupting business models or addressing sub-optimized processes with the help of advanced technological solutions (Machine Learning, Big Data, Data Visualization, Enterprise Software Solutions, and many other tools present in our toolbox).

This is a built-in feature. No account manager, no complex communication chain, etc... This is why our firm aims to dominate the management consulting market in Israel with no more than eight talents (...on steroids).

Our long-term vision is to become the trusted advisor to the most influential businesses and institutions operating in Israel, and help them become global leaders in their markets.

DataToCapital Consulting Is An Active Member Of The Israel Advanced Technology Industries (IATI) Association And Of The Israel's Directors Union

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