Consulting Or Consultancy

Where we are today

We currently live in a society where words and derivatives are manufactured and coined on a daily basis. The English Language is a very rich one and seems like it gets updated like a computer program. In fact, the most interesting part is its many variants by geographical locations and period.

Consulting and Consultancy is one of such cases where ‘ing” and “ancy” seek to explain one concept in two slightly different dimensions or realms. This is the first stage to solving the rampage-holding confusion which is understanding that there is just  a meaning defined by context the words are being used.

Breaking it down

To start with, consulting means the allocation of businesses objective advice and assistance relating to the management, structure, strategy and operations of an organization in pursuit of its long-term purposes and objectives. However, consultancy is the provision of professional services to give professional advice within particular field external organizations and other companies. 

With regards to IT consulting companies and IT consultancy companies, the term consultancy tends to be used more widely outside of the United States... consultancy tends to be used more widely outside of the United States

What next

There is a lot to correct and set straight as regards the brand of an organization. Most Nigerian companies are SMES. SMEs will not have any meaningful evident impact on the economy except there are well packaged to reflect their place in the society. If you offer professional advice and documentations to businesses then you are a consultancy firm, which means also that you provide consultancy to firms and individuals.

References

This dichotomy also happens in our institutions of higher learning where discipline name have a long range of different words referring to a single discipline. Some school say Accounting some say accountancy the same logic applies here and should not cause any interpretation issues.