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A consulting firm or simply consultancy is a professional service firm that provides expertise and specialised labour for a fee, through the use of consultants.Consulting firms may have one employee or thousands; they may consult in a broad range of domains, for example, management, engineering, and so on.
This list includes notable management consulting firms. Management consulting indicates both the industry of, and the practice of, helping organizations improve their performance, primarily through the analysis of existing business problems and development of plans for improvement.
The following is a list of the largest notable information technology consulting firms in the world, along with their corporate headquarters location and the total number of consultants they have. Many of these serve primarily as third-party consultants and outsourcing partners. Many enterprise software companies employ their own consultants ...
McKinsey & Company consultants regularly publish books, research and articles about business and management. [80]: 51 [104]: 55 The firm spends $50–$100 million a year on research. [104]: 54 McKinsey was one of the first organizations to fund management research, when it founded the Foundation for Management Research in 1955. [24]
Management consulting is an additional service to internal management functions and, for various legal and practical reasons, may not be seen as a replacement for internal management. Unlike interim management, management consultants do not become part of the organization to which they provide services. [3] [4] [5]
The Big Three or MBB is the name colloquially given to the three largest strategy consulting firms. They are considered to be the most prestigious firms in the management consulting industry. [1] In terms of employees, McKinsey & Company is the largest and leads by revenue. McKinsey is followed by Boston Consulting Group and Bain & Company ...
Employees from Boston Consulting Group all thought the experience was amazing, but so was the workload. It is easy to see why BCG, one of the world's leading advisors on business strategy, was ...
Consultants may hold undergraduate degrees, graduate degrees, professional degrees or professional designations pertaining to their field(s) of expertise. [79] In some fields, a consultant may be required to hold certain professional licenses (e.g., a civil engineer providing consulting on a bridge project may have to be a professional engineer ...
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