Owners of small and medium-sized businesses often deal with tremendous stress. Establishing a business, taking over, or learning to run a company are difficult tasks, but these business owners frequently have to perform many responsibilities simultaneously.
Small company owners sometimes run out of physical and mental energy due to taking on many responsibilities. Therefore, hiring a consultant may relieve direct strain on business owners and be a big time-saver and growth asset for small and medium-sized firms.
Different consultants specialize in different industries and areas, such as strategy and management, operations, HR, finances, funding opportunities, Information Technology, and sales and marketing. Here are a few such services to help you figure out your business.
Accenture
- Annual Revenue: $61,000,000,000
- Status: High
- Year Founded: 1989
- Headquarters: Dublin, Ireland
- Key staff considerations: Optional overtime and a Good chance to learn about tech
Accenture provides technology, outsourcing, and management consulting services. Communications, Media, Technology, Financial Services, Health and Public Services, Products, Resources, and Others are the segments through which it works.
They are particularly beneficial for prospective consultants who value technology learning possibilities.
It's well known that Accenture has a demanding workplace culture. Although working overtime is non-mandatory, many consultants are said to require additional hours.
Boston Consulting Group
- Annual Revenue: $11,700,000,000
- Year Founded: 1963
- Headquarters: Boston, Massachusett, U.S.
- Staff Considerations: Big turnover for great exit opportunities
- Ranked as the top company to work for: Long Hours and Demanding Culture
BCG was a pioneer in the field of business strategy. Now, they collaborate closely with clients to adopt a transformative strategy that benefits all parties involved and enables businesses to expand, create a long-term competitive edge, and have a beneficial social impact.
Hence, Boston Consulting Group is a multinational consulting firm that works with leaders in industry and society to address their biggest problems and seize their best chances.
Bain & Company
- Annual Revenue: $6,000,000,000
- Year Founded: 1973
- Headquarters: Boston, Massachusetts, U.S
- Staff Considerations: Good Benefits
- Ranked as a top company to work for: Long Hours and Constant Travel
Consultants at Bain & Company offer management assistance from 64 locations across 39 nations. Founded in Boston in 1973, Bain and Company has grown to become one of the three major management consulting firms, along with Boston Consulting Group and McKinsey.
McKinsey And Company
- Annual Revenue: $13,500,000,000
- Year Founded: 1926
- Headquarters: New York U.S
- Staff Considerations: High turnover for young adults
One company that needs no introduction is McKinsey & Co. One of the most prestigious companies on the list, it is continuously regarded as the consulting industry's number 1 most valued brand.
The hiring procedure at McKinsey is among the most competitive worldwide, but having said that, it prefers highly skilled people not necessarily with business degrees for its consulting teams.
EY-Parthenon
- Annual Revenue: ~$19,000,000,000
- Founded: 1991
- Headquarters: Boston, Massachusetts, U.S.
- Staff Considerations: Great professional development, some bureaucracy, and average consulting work-life calls
2014 saw Ernst and Young purchase The Parthenon Group, expanding EY's standing as a Big 4 consulting company. With a concentration on strategy consulting, EY-Parthenon currently has over 9,000 people working for it globally.
In a variety of industries, including consumer goods, diversified industrial products, education, financial services, healthcare, life sciences, oil and gas, technology, media, and telecom, the firm provides advisory services to C-suite, business, and organizational executives.
Kearney
- Annual Revenue: $1,600,000,000
- Founded: 1926
- Headquarters: Chicago, Illinois
- Staff Considerations: Very good culture and Properly Balanced
Kearney is a global management consulting firm based in the United States that specializes in strategic as well as operational CEO-agenda challenges that companies and governments worldwide face.
The business is well renowned for its strong support of female leaders, particularly in nations like India.
L.E.K. Consulting
- Annual Revenue: $750,000,000
- Founded: 1983
- Headquarters: Boston, Massachusetts, U.S.
- Staff Considerations: Long work hours, understaffed caseloads, and bonus and incentive programs
Global strategy expert L.E.K. consulting helps company executives gain a competitive edge and accelerate expansion. The insights act as catalysts, changing the course of the customers' enterprises, bringing in opportunities, and giving them the confidence to seize their moments of fact.
OC&C Strategy Consultants
- Annual Revenue: £150,000,000
- Founded: 1987
- Headquarters: London
- Staff Considerations: Fully focus on strategy work, good organizational culture, and Startup vibe
Customers in the UK and abroad can get corporate and business strategy, strategic realization, and transaction support consulting services from OC&C Strategy Consultants LLP, a management consulting firm.
With 14 locations spread over 11 countries and a flat organizational structure, the firm allows everyone to interact with anyone else in the company, whether they are an intern or a partner.
Oliver Wyman
- Annual Revenue: $2,500,000,000
- Founded: 1984
- Headquarters: New York, U.S.
- Staff Considerations: Great working environment, and Growing Firm
Oliver Wyman is a global management consulting firm with offices in more than 60 locations spanning almost 30 countries, specializing in banking and financial services.
This rapidly expanding strategic consulting firm has strong ties throughout Asia Pacific and Europe.
Strategy&
- Annual Revenue: $17,000,000,000
- Founded: 2014
- Headquarters: New York, U.S.
- Staff Considerations: Best place to work and highly advised
With an emphasis on executive-level strategy, Strategy& is comparable to programs at McKinsey, Bain, and BCG. This consulting business focuses a strong emphasis on innovation and foresight to assist its clients in all walks of the business.
Putnam Associates
- Annual Revenue: $28,000,000
- Founded: 1988
- Headquarters: Boston, Massachusetts
- Staff Considerations: Good Benefits, properly Balanced
Putnam specializes in providing clients in the healthcare, venture capital, and private equity sectors with advanced and reliable analytics.
With an emphasis on problem framing, cutting-edge techniques, deep therapeutic area knowledge, large worldwide networks of healthcare stakeholders, and expert synthesis across scientific, clinical, and business disciplines, the firm specializes in offering personalized, practical solutions.
Guidehouse
- Annual Revenue: $3,000,000,000
- Industry: Construction & Infrastructure
- Founded: 2018
- Headquarters: Mclean, Virginia
- Staff Considerations: Properly Balanced and exposure to private and public sector clients
Guidehouse is a multinational firm that offers a wide range of management, technology, and risk consulting services to both commercial and public sectors. Its headquarter in Washington, D.C., employs over 16,500 individuals throughout over 50 sites.
Content Sources:
