Whether looking to use their services or find a lucrative job, many people are asking “what are the top tier management consulting firms?” Although there are many to choose from, the same answers crop up again and again, with the same few companies being highlighted as the top of the tree repeatedly. Here are some of the best management consulting firms in the market today.
McKinsey & Company
Established in 1926, McKinsey & Company is actually the firm that is credited with launching the idea of using business consultants. Their ground breaking approach to business helped them to forge a reputation throughout the 1930s and 1940s which enabled them to hire the most talented and skilled employees. Today, they hire a broad spectrum of candidates, all with exceptional and specialized profiles, including those with considerable experience in design and development.
As a toronto IT consulting firm which is privately owned and managed, McKinsey & Company is widely thought to be the most prestigious management consulting firm of them all. Even those from outside the industry have heard of the company which practices across many fields including issues stemming from technology, organisation, strategy, and operational processes, all with an eye to serving the client’s bespoke needs. This firm works across a broad spectrum of industries including entertainment, media, and commodities, serving up to 90% of the world’s top corporations.
Bain & Company
Established in 1973, Bain & Company is renowned as one of the most prestigious and respected consulting firms in the world. With more than 6000 employees, Bain & Company help some of the world’s top leaders in business to make the essential decisions necessary to direct the future of their organizations. While assisting them to make those strategies a reality, whether in the areas of operations, marketing, technology, mergers, operations or sustainability.
Having worked in conjunction with many of the Global 500 companies, Bain & Company are a global firm with 53 different offices spread across 34 countries worldwide. They work with all types of sectors including healthcare, media and alternative energies. Some of their most prestigious clients include Dell, Del Monte and Starbucks.
The Boston Consulting Group Inc
Founded in 1963, The Boston Consulting Group manages more than 12,000 employees in 48 countries all over the world in 85 different offices. One of America’s largest private companies, this form boasts some impressive clients, including some of the largest 500 companies in the world. There have been some well known consultants on the firm’s payroll including Jim Koch, who founded the Boston Beer Company, Benjamin Netanyahu, the Prime Minister of Israel and John Legend, who won a Grammy Award. The company offers expert advice in a number of fields, from financial services and industrial goods to health care, media, telecoms and insurance.
The Boston Consulting Group Inc is able to assist their clients with a broad spectrum of management needs including strategies for growth development and execution of the same, management of business portfolios, acquisitions and mergers, improvement to efficiency and productivity, management of the supply chain, pricing and marketing, integrations, infrastructure of technology, private equity, sustainability, turnaround and relationship management with suppliers and customers.