List of former consulting firms

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This is a list of notable former consulting firms.

Former design and engineering consulting firms

Former industrial design firms

Former digital and IT consulting firms

Former cyber security consulting firms

Former economics consulting firms

Former human resource consulting firms

Former management consulting firms

Former political consulting firms

Former research and analysis firms

Former risk management consulting firms

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Wharton Econometric Forecasting Associates, Inc was an economics forecasting and consulting organization founded by Nobel Prize winner Lawrence Klein.

Data Resources Inc or DRI was co-founded in 1969 by Donald Marron and Otto Eckstein. Marron is best known as the former CEO of PaineWebber and founder of Lightyear Capital. Eckstein was a Harvard University economics professor, economic consultant to Lyndon Baines Johnson and member of the Council of Economic Advisors; he is best known for the development of the theory of core inflation.

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.

<span class="mw-page-title-main">Publicis Sapient</span> Digital transformation consulting company

Publicis Sapient is a global digital transformation consulting company and the digital business transformation hub of Publicis Groupe with 20,000 people and over 50 offices worldwide. It was originally established as Sapient in Cambridge, Massachusetts in 1990. In 2015, Sapient became an Independent subsidiary of French multinational advertising firm Publicis, following a deal worth 3.7 billion dollars. It continues to remain headquartered in Boston Massachusetts and the leadership is retained.

<span class="mw-page-title-main">McKinsey & Company</span> US-based worldwide management consulting firm

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.

Razorfish, a part of Publicis Groupe, is an interactive agency. Razorfish provides services including web development, media planning and buying, technology and innovation, emerging media, analytics, mobile, advertising, creative, social influence marketing and search.

<span class="mw-page-title-main">Publicis</span> French multinational advertising and public relations company

Publicis Groupe is a French multinational advertising and public relations company. One of the oldest and largest marketing and communications companies in the world, it is headquartered in Paris.

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.

<span class="mw-page-title-main">Marsh McLennan</span> Global professional services firm

Marsh & McLennan Companies, Inc., doing business as Marsh McLennan, is a global professional services firm, headquartered in New York City with businesses in insurance brokerage, risk management, reinsurance services, talent management, investment advisory, and management consulting. Its four main operating companies are Marsh, Guy Carpenter, Mercer, and Oliver Wyman.

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).

<span class="mw-page-title-main">Watson Wyatt Worldwide</span> American consulting firm

Watson Wyatt Worldwide, Inc. was a global consulting firm that merged in January 2010 with Towers Perrin to form Towers Watson. The firm's services included managing the cost and effectiveness of employee benefit programs; developing attraction, retention and reward strategies; advising pension plan sponsors and other institutions on optimal investment strategies; providing strategic and financial advice to insurance and financial service companies; and delivering related technology, outsourcing and data services. Its principal operating subsidiary, Watson Wyatt & Company, was a human capital consulting firm with operations in the Americas, Europe and Asia Pacific. Its corporate offices were in Arlington, Virginia.

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.

<span class="mw-page-title-main">Boston Consulting Group</span> Global management consulting firm

Boston Consulting Group, Inc. (BCG) is an American global management consulting firm founded in 1963 and headquartered in Boston, Massachusetts. It is one of the Big Three along with McKinsey & Company and Bain & Company. Since 2021, the consultancy has been led by the German executive Christoph Schweizer.

Founded in 1984 by Jeff Smith, Gerard Furbershaw and Robert Brunner, LUNAR (Lunar Design) is a product design and development consultancy headquartered in the San Francisco Bay Area. The company's provides industrial, interaction and communication design; video story telling, mechanical and electrical engineering, manufacturing support, user validation, design research, and need finding & assessment. Its current and past clients include Apple Inc., Abbott Labs, Cisco Systems, Hewlett-Packard, Johnson & Johnson, Microsoft, Motorola, Philips, Oral-B, Palm, Pepsi and Sony. On May 14, 2015, Lunar was acquired by management consulting firm McKinsey & Company.

A case interview is a job interview in which the applicant is presented with a challenging business scenario that he/she must investigate and propose a solution to. Case interviews are designed to test the candidate's analytical skills and "soft" skills within a realistic business context. The case is often a business situation or a business case that the interviewer has worked on in real life.

Public sector consulting usually refers to the branch of management consulting that works with local and federal governments as well as government agencies. Several major management consulting firms do public sector engagements as part of their overall business.

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. McKinsey is followed by Boston Consulting Group and Bain & Company, respectively.

The "Fast Five" were a group of publicly traded consulting firms that developed in the mid 1990s to capitalize on the rapid commercial development of the Internet. The term "Fast Five" was coined to draw a contrast with the established "Big Five" accounting firms with management consulting arms, and to make the point that the new breed of consulting firms was more nimble and could produce more rapid results.

The following outline is provided as an overview of and topical guide to consulting:

References

  1. "Consulting Giant McKinsey Buys Itself a Top Design Firm". Wired . 2015-05-14. Archived from the original on 2023-04-29.
  2. McKinsey acquires design firm Lunar for digital transformation
  3. Martin, Mitchell (8 August 2000). "Arbitrator's Ruling Goes Against Accounting Arm : Consultants Win Battle Of Andersen". The New York Times . New York City . Retrieved 25 March 2020.
  4. "Monitor Company files for Chapter 11; Deloitte to buy assets". Reuters. 8 November 2012. Retrieved 25 Mar 2020.

List of former consulting firms