Cross-Functional Consulting
Some consultants may work across various areas and strategically align two or more different
departments. Some cross-functional consultancy niches are:
Outsourcing: a bridge between HR and operations
Employer Branding: connecting marketing and HR
ROI Consultancy: covering finance and either operations or marketing
Leadership Consultancy: that often involves both strategy and management consulting
Marketing Strategy: connecting strategy consultancy with marketing
Usually the smaller the business, the more key functions overlap. Consultants can also specialize
according to the size of the business they are working with, i.e. Small Business Consultants, Corporate
Consultants, or Startup Consultants.
Usually consultants can be split into the two above groups:
Function-specific consultants: purpose-based consultants who work to solve a particular problem irrespective of the industry.
Industry-specific consultants: area-based consultants who are usually tethered to a department or industry.
Business consultants serve as professional advisors to help companies achieve their goals or streamline
operations in a particular area of the business, such as sales, IT, finance, marketing, supply chain
management, HR, operations, engineering, and security.
How does a business consultant make money?
Consultants receive an agreed upon fee for work on a project completed by a specified date. They usually determine project fees by estimating the number of hours it will take to complete the project, multiplied by their hourly rate.
A business consultant is an individual who works closely with business owners and managers to improve operations and efficiency. Business consulting includes helping to identify, address, and overcome obstacles to meeting a company goals
