dc.description.abstract | Businesses can purchase expert counsel from consulting firms. The first
consulting firm started in 1886 with Arthur Little that focused only on technical
research. Later in 1914, Booz Hamilton was born that served both industry and
government clients. The consulting sector went through phases of
modernization, and the first firm to formalize management consulting business
was titled to McKinsey & Company. To "consult" is to ask for guidance from
someone who knows a particular subject; this person is referred to as a
"consultant." Typically, professionals are assumed to be consultants. By 1980,
consulting industry and consultants occupied a significant role in the board
decisions on strategic decisions. Some examples are management consultants,
strategists, IT consultants, personal health consultants, career consultants, and
gardening consultants | en_US |