Related Research Articles
PricewaterhouseCoopers International Limited is an international professional services brand of firms, operating as partnerships under the PwC brand. It is the second-largest professional services network in the world and is considered one of the Big Four accounting firms, along with Deloitte, EY and KPMG.
Management consulting is the practice of providing consulting services to organizations to improve their performance or in any way to assist in achieving organizational objectives. Organizations may draw upon the services of management consultants for a number of reasons, including gaining external advice and accessing consultants' specialized expertise regarding concerns that call for additional oversight.
A consultant is a professional who provides advice or services in an area of specialization. Consulting services generally fall under the domain of professional services, as contingent work.
McKinsey & Company is a global management consulting firm founded in 1926 by University of Chicago professor James O. McKinsey, that offers professional services to corporations, governments, and other organizations. McKinsey is the oldest and largest of the "Big Three" management consultancies (MBB), the world's most prestigious strategy consulting firms. The firm mainly focuses on the finances and operations of their clients.
Arthur D. Little is an international management consulting firm originally headquartered in Boston, Massachusetts, United States, founded in 1886 and formally incorporated in 1909 by Arthur Dehon Little, an MIT chemist who had discovered acetate. Arthur D. Little pioneered the concept of contracted professional services. The company played key roles in the development of business strategy, operations research, the word processor, the first synthetic penicillin, LexisNexis, SABRE, and NASDAQ. Today the company is a multinational management consulting firm operating as a partnership.
Gregory D. Brenneman is an American businessman. He serves as the chairman of CCMP Capital, an American private equity firm.
PRTM is a management consulting subsidiary of PwC. The firm's business centers on the areas of operational strategy, supply chain innovation, product innovation, and customer experience innovation.
Oliver Wyman is an American management consulting firm. Founded in New York City in 1984 by former Booz Allen Hamilton partners Alex Oliver and Bill Wyman, the firm has more than 60 offices in Europe, North America, the Middle East, and Asia-Pacific employing over 5,000 professionals. The firm is part of the Oliver Wyman Group, a business unit of Marsh McLennan.
The human resource consulting industry has emerged from management consulting and addresses human resource management tasks and decisions. HR Consultants can fill two typical roles (1) Expert Resource Consultant (2) Process/People consultant. These two roles are defined by Steele F. (1975), Kubr,M. ; Niedereicholz (1996), Curnow-Reuvid (2003) and Kipping, K. and Clarck (2014).
Diamond Management & Technology Consultants was an independent management consulting firm founded in 1994, headquartered in Chicago, Illinois with satellite offices in Hartford, Connecticut, New York City, Washington DC, London, and Mumbai. It was acquired by the British firm, PwC in 2010. Diamond was a smaller player among companies such as Mercer Management Consulting, Deloitte Consulting, and Accenture. The industry segments under which Diamond operated include consumer packaged goods, financial services, and health care, among numerous others.
Mercer is an American consulting firm founded in 1945. It is one of the four operating subsidiaries of global professional services firm Marsh McLennan. Mercer is headquartered in New York City with offices in 43 countries and operations in 130 countries. The company primarily provides human resources and financial services consulting services to its clients.
L.E.K. Consulting is a global strategy consulting firm based in London and Boston. Founded in 1983 by three partners from Bain & Company, L.E.K. focuses on corporate strategy, marketing and sales, mergers and acquisitions, and operations. It provides expertise to life sciences and pharma, healthcare services, consumer products, financial services, energy and environment, media and entertainment, technology, travel and transport, industrials, and retail. The firm also has a strong private equity practice.
Strategy& is the strategy consulting business unit of PricewaterhouseCoopers (PwC), one of the Big Four professional service firms.
The Big Three or MBB is the name colloquially given to the three large strategy consulting firms. They are considered to be the most prestigious firms in the management consulting industry. In terms of employees, McKinsey & Company is the largest and leads by revenue; followed by Boston Consulting Group and Bain & Company.
Bain & Company is an American management consulting company headquartered in Boston, Massachusetts. The firm provides advice to public, private, and non-profit organizations. One of the Big Three management consultancies, Bain & Company was founded in 1973 by former Group Vice President of Boston Consulting Group Bill Bain and his colleagues, including Patrick F. Graham. In the late 1970s and early 1980s, the firm grew rapidly. Bill Bain later spun off the alternative investment business into Bain Capital in 1984 and appointed Mitt Romney as its first CEO. Bain experienced several setbacks and financial troubles from 1987 to the early 1990s. Romney and Orit Gadiesh are credited with returning the firm to profitability and growth in their sequential roles as the firm's CEO and chairman respectively.
FTI Consulting is a business consultancy firm founded in 1982 and headquartered in Washington, D.C., United States. The company specializes in corporate finance and restructuring, economic consulting, forensic and litigation consulting, strategic communications and technology. FTI Consulting employs more than 6,200 staff in 28 countries and is one of the largest financial consulting firms worldwide.
West Monroe is a national management and technology consulting firm headquartered in Chicago, United States. West Monroe provides professional consulting services to businesses across many industries, including consumer and industrial products, energy and utilities, financial services, healthcare, life sciences, private equity, retail, and software and high tech. All employees share equity as part of the firm's employee stock ownership plan (ESOP).
ZS Associates is a management consulting and professional services firm focusing on consulting, software, and technology, headquartered in Evanston, Illinois that provides services for clients in healthcare, private equity, and technology. The firm was founded in 1983 by two professors at Northwestern University who developed sales force alignment models using the world’s first personal-computer-aided territory mapping system. ZS continues to offer sales force alignment service to this day, in addition to a range of professional services, many of which are supported by advanced analytics.
The following outline is provided as an overview of and topical guide to consulting:
References
- 1 2 Naomi Newman (2006). Vault Guide to the Top 25 Technology Consulting Firms. Vault. ISBN 978-1-58131-417-5.
- ↑ Jack W. Plunkett (July 2007). Plunkett's Almanac of Middle Market Companies: Middle Market Research, Statistics & Leading Companies. Plunkett Research, Ltd. p. 241. ISBN 978-1-59392-092-0.
- ↑ "PwC to Acquire Diamond Consulting Firm for $378M". Accounting Today. August 24, 2010.
- ↑ "PwC Completes Acquisition of Diamond Management & Technology Consultants, Inc". www.prnewswire.com (Press release).
- ↑ WetFeet (2008). 25 Top Consulting Firms. WetFeet. ISBN 978-1-58207-798-7.
