
The Authentic Advisor Podcast – essential topics, practical insights from leading business advisors.
The difference between business advisory & consulting can be summarised as ‘Consulting Tells, Advisory Builds’ with the approach, delivery style, depth of involvement, and client expectations often diverging.
Consulting typically involves providing expert analysis, solutions, or recommendations to solve specific problems. Consultants are often hired to deliver a defined outcome within a set timeframe.
Expert-driven: ‘We’ll analyse the issue and TELL you what to do.’
Project-based: Often tied to a single initiative (e.g. restructure, system implementation).
Client dependency: The consultant does most of the heavy lifting.
May lack implementation support: Once advice is delivered, it’s often up to the client to execute.
Examples:
Collaborative: ‘Let’s work together to unlock the right path for your business.’
Ongoing relationship: Not just a one-off fix, it’s about consistent values and growth.
Client empowerment: Helps clients build internal capability.
More coaching and facilitation: Less about providing all the answers, more about guiding the process.
Examples:
Feature
Consulting
Business Advisory
Role
Expert
Coach / Facilitator / Trusted Advisor
Duration
Short to medium term (project)
Medium to long term (ongoing)
Focus
Solve specific problems.
Improve overall business performance
Approach
Directive ‘here’s what to do’
Collaborative ‘let’s work it out’
Client involvement
Low to moderate
High
Value perception
One-off solution
Continuous improvement
In summary, consulting tells, advisory builds. Consulting solves isolated problems. Business advisory builds capability, trust, and long-term impact.
Reach out to Mindshop for a walk through of our complete business advisory support ecosystem to discover its potential to support your success. Contact a Mindshop Regional Director here.
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