consulting firms
Hired expert organizations
Consulting firms are companies that provide expert advice to other businesses, typically in areas like management, strategy, technology, or finance.
The largest—McKinsey, Bain, Boston Consulting Group—command premium fees and recruit from elite universities.
Organizations hire consulting firms for specialized expertise, objective outside perspective, or additional capacity: The board brought in a consulting firm to evaluate the merger.
- change managementPlanning organizational transitions systematically
- risk managementIdentifying and minimizing threats
- strategyPlanned approach to goals
- market analysisStudy of commercial conditions
- mergers and acquisitionsCorporate combination activity
digital transformation · operations · investment strategies · PowerPoint · executive summary · talent acquisition · frameworks · best practices · thought leadership · slide deck · BCG · cybersecurity · billable hours · software development · deliverables · Big Four · up or out · crisis management
- advisorspolicy advisors, adviser, advisor, think tanks, counsel
- government contractorsdefense contractors, Lockheed Martin, Boeing, Raytheon, shipbuilders
- industrial managementassembly line, mass production, factory floor, production line, division of labor
- city lifecity, urban life, traffic noise, downtown, metropolis
- competitive organizationssports teams, corporations, political parties, sports leagues, tech companies
- business partnershipsjoint ventures, co-branding, consortia, licensing deals, alliances
consulting firmsdoers
People who act
practitioners · production companies · factories · service providers · operators