Management consulting involves the practice of helping organizations improve their performance by analyzing the existing state of the organization and then developing and implementing a detailed improvement plan. There are literally thousands of firms scattered across the globe. They come in all sizes and areas of expertise. So which management consulting firms are the best in the industry? Read on to find out.
McKinsey & Company
McKinsey was founded in 1926, and has grown to a firm with over 15,000 employees. James McKinsey, a career accounting professor, founded and built the company to provide financial services.
Today, the firm helps organizations across a wide variety of sectors by helping their clients increase their leadership skills and capabilities at every level. The firm is a value-driven organization that believes in integrity and professional conduct of the highest standard.
The Boston Consulting Group
BCG is a global management consulting firm with more than 70 offices around the world. The company recently ranked second on Fortune Magazine’s “100 Best Companies to Work For” list. The company was founded in 1963 and employs over 6,000 people. Their headquarters are located in the greater Boston area.
Bain & Company
Bain was founded in 1973 and has quickly become one of the best consulting firms in the world. The firm’s goal is to help their clients make better decisions that deliver sustainable success. Their management consulting expertise has a broad reach into industries such as transportation, financial services, energy, healthcare, technology, and private equity.
Booz & Company
Booz & Company is a leading firm with more than 3,300 people located in 60 offices around the globe. Booz prides itself in their deep functional expertise and practical approach to helping their clients.
Deloitte Consulting LLP
Deloitte is a management consulting firm with over 45,000 professionals. The organization works with their clients to help them solve their toughest problems. Their consulting services seek to leverage human capital, strategy, operations, and technology so their clients can reach higher and farther than they ever thought was possible. Consulting Magazine recently named Deloitte consultant Gene Procknow as one of the top 25 consultants in America.
Monitor specializes in helping their clients through management consulting that addresses all aspects inhibiting growth. From marketing, pricing, leadership, organization, and innovation – Monitor covers it all for their clients. The firm specializes in working with companies whose industries are in a state of transition.
Wyman is a top management consulting group with offices in over 25 countries around the world. The firm employs over 3,000 dynamic professionals who assist their clients by possessing deep industry expertise combined with superior strategy and analytical skills.
Kearney is comprised of some of the world’s top management consulting professionals that generate powerful and practical business solutions for the clients that stretch all over the world. The firm has over 2,700 employees that feature over 1,900 consultants. Their industry specialties include aerospace and defense, automotive, public sector, energy, utilities, transportation and more.
Accenture is a global management consulting firm with over 236,000 employees worldwide. The firm generated over $ 25 billion by the end of fiscal year 2011. Strategy, technology and outsourcing underpin Accenture’s success in helping their clients’ aims to enter new markets, grow market share and maximize operational performance.
TW specializes in working with organizations to increase their performance by utilizing their consultant’s expertise in risk and financial management, and sound business decision-making. Their goal at Towers Watson is to help their clients connect the picture with the big picture
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