Management consulting is the practice of helping organizations to improve their performance, typically through the analysis of existing organizational problems and development of plans for improvement. management consultants are expected to have strong analytical and problem-solving skills, as well as experience in the management field. Many management consultants are also experienced in business administration or management, and some may have specialized degrees in business administration or management science.

In most cases, management consultants are hired by organizations to provide recommendations on how to improve specific aspects of business operations, such as employee productivity or customer satisfaction. Management consulting firms typically offer a variety of services, such as strategic planning, human resources management, financial management, marketing research, and information technology consulting.

Some management consulting firms also offer specialized services, such as supply chain management or operations management consulting. While management consulting is a relatively new industry, it has grown rapidly in recent years. In 2010, the management consulting industry was estimated to be worth $2.9 trillion worldwide. Management consultants are employed in a variety of industries, including healthcare, government, education, and manufacturing. The management consulting industry is expected to continue to grow in the coming years as more organizations seek ways to improve their performance.