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​consulting services industry

Consulting Services Industry

These business units provide advice and assistance to other organizations on management issues, such as strategic and organizational planning, financial planning and budgeting, marketing objectives and policies, human resource policies, practices and plan, and production scheduling and control planning.

The principal markets for consulting services are corporations, municipal, regional, provincial and federal governments, crown corporations, and institutions such as hospitals and educational facilities.

Under NAFTA a management consultant is defined as a service designed to improve the managerial, operating and economic performance of public and private entities by analyzing and resolving strategic and operating problems. Consultants may assist and advise in implementing recommendations but must not perform operational work for clients.

Consultants must bring a unique, high value, service and skill to clients.