RANKING & REVIEWS
BEST UK CONSULTING FIRM
Ranking of the Top Consulting Firms in the UK (Strategy, Political, Healthcare, and More)
The principals in an organization are often very good at their own business. But, when it comes to strategizing sales and marketing, improving healthcare delivery, or identifying barriers to growth, a consultant is often called in.
UK consultancies specialize in a variety of business areas and can bring a fresh and experienced perspective to help companies overcome challenges.
If you search “consulting UK” you’ll find millions of possibilities for all types of consultants to choose from. These include the biggest consulting firms the UK offers, top political consulting firms the UK is home to, healthcare consulting UK, management, digital, and many others.
Ranking & Review: Top Consultancy UK
AGS’ top ranking articles have become very popular with small, mid-sized, and large global organizations, and we often get emails from organizations that are in the UK asking about rankings of the best UK consulting firms that can best meet their needs.
Some companies prefer to work with a smaller boutique consultancy the UK has that specializes in a specific area or two of consulting. This can give them a more personalized experience and a broader depth of consulting expertise for their specific need.
Others are seeking the biggest consulting firms the UK is home to because they will often have a full range of capabilities. This allows an organization to find multiple consulting services from the same firm.
On this Airiodion Global Services (AGS) ranking, we’ve included a mix of both types of consulting companies the UK has. The biggest and top consulting companies in the UK and some smaller, more specialized UK consultancies.
Additionally, you won’t find every consulting firm the UK offers is only located in London. We’ve looked for consultants located all over the UK. This includes top consulting firms Manchester is home to, the best consulting firms Birmingham has to offer, and yes, some in London as well.
No matter what type of business and top strategy consulting firms in the UK that you’re seeking, our list of consulting firms in the UK has a healthy mix that should make it easier to find the perfect one for your business objectives.
Award Emblem: Best Consulting Firms (UK)
See Also: Top Consulting Firms in London | Ranking
Top 10 Consulting Firms UK | Brief Comparison & Ranking
|Best Consulting Firms UK||Ratings|
|Bain & Company||5|
|Boston Consulting Group (BCG)||5|
|FTI Consulting, Inc.||5|
|McKinsey & Company||5|
|The Whitehouse Consultancy||5|
|Whitecap Consulting Limited||5|
Table: Top 10 Consulting Firms UK | Above list is sorted by rating
How Do UK Consultants Get Paid?
When a company is looking to hire one of the top consultants the UK is home to, one of the first questions that comes up is, “How do consultants get paid?”
It’s important to know upfront the type of payment arrangement to expect, in order to be prepared and have proper expectations.
This is one area where there may be a difference between the biggest consulting firms the UK offers and smaller consultancies the UK has. With smaller firms, you may have more flexibility in payment arrangements than with larger UK consultancies, which may tend to do things one way only.
There are a few different types of payment arrangements for consultancy services in the UK:
- Hourly or daily rate
- One lump sum for the project
- An initial fee followed by a monthly retainer
Make sure that no matter which UK consultancy company you want to work with, that you clearly understand their payment arrangements, Request for Proposal response, and amounts upfront before you contract with them.
AGS Ranking and Selection Methodology
What methodology does the AGS team use in reviewing, researching, selecting, and finalizing the firms and products that are ranked on the various AGS ranking lists?
Click here: “AGS Selection and Ranking Methodologies” for a detailed review of AGS’ selection methodologies.
Do you have questions about this Airiodion Global Services (AGS) ranking of top UK consulting firms? Contact Us.
Detailed Review – Top Consultancy Firms UK
Below, please find a review of each firm on our list of the top consulting firms the UK has to offer. We have highlighted some of the factors that allowed each of these best consultancy firms in the UK to score so high in our selection ranking.
Click on any of the names below to go directly to the review section for that UK consulting firm.
- Bain & Company
- Boston Consulting Group (BCG)
- Brevia Consulting
- FTI Consulting, Inc.
- McKinsey & Company
- Oliver Wyman
- The Whitehouse Consultancy
- Whitecap Consulting Limited
Bain & Company Review
Bain & Company is a well-known global consulting firm that has multiple areas of expertise. The firm has 59 offices across 37 countries, including Bain and Company UK.
The London office has a mix of global team members that speak more than 36 languages. For those looking for one of the largest consulting firms in the UK, Bain & Company is one to consider and offers a wide range of capabilities.
Key Factors That Enabled Bain and Company UK to Rank as One of the Best Firms for Consulting the UK Offers
Broad Range of Consulting Services
Bain and Company UK not only can handle a broad range of consulting needs, but it also has experience working with a wide variety of industries.
Whether you need one of the top healthcare consulting firms the UK offers or are looking for HR consulting firms the UK is home to, Bain has the experience and knowledge to help. It works with over 22 different industries (from aerospace to retail).
Core consulting services offered by Bain and Company UK include:
- Cost Transformation
- Customer Experience
- Learning & Development
- Mergers & Acquisitions
- Private Equity
- Sales & Marketing
- Digital Delivery
Bain and Company UK | Top-Rated Consultancy UK
Full Potential Transformation
When businesses search “consulting UK” it’s often because they need help with an organizational transformation of some type. It could be to improve efficiencies or to streamline and reduce costs with the use of smart technology.
Bain and Company UK is one of the UK consultancies that has a deliberate and focused process when it comes to change management and helping clients reach their full potential.
Five factors that this top consulting firm the UK offers focuses on for successful transformations are:
- Focus on essential actions
- Unleashing your talent
- Accelerate change
- Be adaptable
- Build an ecosystem
If you’re looking for a multilingual team with a vast range of capabilities, then Bain and Company UK will be a top option for you. No matter what your industry or area of need, there’s a good chance this top UK consulting firm has already consulted in this arena.
With a large and talented team and extensive knowledge base, Bain & Company solidifies a 5-star rating. This is a top consultancy the UK offers for a wide range of needs.
Boston Consulting Group (BCG) Review
Founded in 1963 to pioneer bold approaches to running a company, Boston Consulting Group (BCG) is a global leader in business consulting with offices in over 90 cities and 50 countries.
BCG UK includes four separate offices in London that represent different consulting arms of the firm. This established UK consulting firm has a unique and holistic model that is designed to integrate multiple solutions across a company’s operations.
Key Factors That Enabled BCG UK to Rank as One of the Top Consulting Firms in the UK
A big part of any successful organization is its people. As one of the best HR consulting firms the UK is home to, BCG UK works with clients to create a “people advantage.” This involves working with employees and leadership to unlock the full potential of a company’s team.
Boston Consulting Group UK employs a strategy with three key pillars in order to help companies nurture talent and develop the right team environment for success. These pillars are:
- Leadership & Culture
- Talent & Skills
- HR Organization
When clients work with BCG UK, they’ll find that this is one of the HR consulting firms the UK has with multiple ways to approach creating a better corporate culture and developing a talented team. This includes things like leadership development, learning programs, digital HR, and more.
Experience in Multiple Industries
Whether you are looking for the best healthcare consulting firms the UK has to offer or are looking for experienced consulting firms in the UK for the financial industry, Boston Consulting Group UK will have the team members you need for customized strategies.
As one of the top consultancy firms the UK is home to, BCG UK has a deep bench, with industry experts that work across multiple market sectors. This allows it to be both the best firm for healthcare consulting the UK offers as well as the best consulting firm in the UK for several other industries.
Some of the multiple industries that Boston Consulting Group UK serves are:
- Aerospace & Defense
- Consumer Products
- Financial Institutions
- Metals & Mining
- Healthcare Payers, Providers & Services
- Media & Entertainment
- Industrial Goods
- And many more
BCG UK has the benefit of being a large global firm with a multi-talented team, which means clients can enjoy a vast range of consulting capabilities and only need to work with a single UK consulting firm.
With a holistic approach and a focus on customized solutions, no matter the industry or need, Boston Consulting Group UK earns a 5-star rating. This is one of the top consulting firms the UK has to offer.
Brevia Consulting Review
Since 1999, Brevia Consulting has been offering expert public affairs and political consulting services. As one of the best political consulting firms the UK has to offer, Brevia is a member of ION, a network of 40 partner agencies throughout 60 countries.
This top firm for consulting the UK offers for delivering public affairs programmes and communications, the firm is a member of the PRCA Public Affairs Board and adheres to a strict Code of Conduct.
Key Factors That Enabled Brevia Consulting to Rank as One of the Best Political Consulting Firms the UK Offers
Clear Three-Step Process
As one of the best consulting firms the UK offers for political consulting, Brevia is able to deliver solid results time and time again because it has a proven three-step process.
This process is used to provide a full range of services to support the communication, strategy, and political consulting needs of clients.
Top Consultants UK | Three-Step Process
- Intelligence: Brevia offers a comprehensive daily monitoring service as an essential foundation to its suite of intelligence services.
- Strategy: From stakeholder mapping to media strategy this top consultancy the UK offers delivers strategic counsel to clients.
- Engagement: As one of the top political consulting firms the UK is home to, Brevia has a knack for delivering the right stakeholder engagements at the right time.
Brevia Consulting | Top Consulting Companies UK
Full-Service Political & Communications Support
Because Brevia specializes in political and public affairs consulting, it offers a depth of support in this arena that you won’t find at other best consultancy firms the UK has to offer.
As one of the best political consultancies the UK has, the firm can fill just about any need you could have when it comes to political and public communications and support.
A few of the vast range of services offered by this top UK consulting firm are:
- Political Intelligence
- Stakeholder Research
- Political Due Diligence
- Opinion Polling
- B2G Market Intelligence
- Media Strategy
- Political Risk Analysis
- Public Affairs Training
- Event Management
- And many more
For those companies or non-profit organizations looking for the best political consulting firms the UK has to offer, Brevia will be a top choice. With over two decades of experience and a talented team, this top consulting firm the UK is home to has a time-proven process for supporting its clients.
The firm’s wide range of support services and customized solutions are contributing factors to Brevia Consulting earning a 5-star rating. This is one of the top strategy consulting firms the UK has to offer.
Deloitte has been offering astute and expert consulting services for over 175 years. This is one of the global consultancy services the UK has with over 312,000 team members throughout 150 countries.
In a list of consulting firms in the UK that had the most national offices, Deloitte consulting UK would be at the top. It has 28 offices in the United Kingdom, including in cities such as London, Manchester, Birmingham, Cardiff, Edinburgh, Belfast, and more.
Key Factors That Enabled Deloitte Consulting UK to Rank as One of the Top Consultancy Companies the UK Has to Offer
Impactful Consulting Solutions
As one of the best consulting firms Manchester, London, and other cities in the UK are home to, Deloitte consulting UK delivers innovation, transformation, and leadership as foundational elements of its consulting services.
Because of the size of the firm, it has resources that not all other top consulting firms in the UK can offer. This includes powerful alliance relationships that benefit clients and advanced capabilities tailored for multiple industries.
The core offerings of Deloitte consulting UK professionals include:
- Strategy, Analytics, and M&A
- Business Operations
- Human Capital
- Enterprise Technology & Performance
- Ecosystems & Alliances
One of the specialty areas of Deloitte consulting UK is in human capital management and workforce transformation. As one of the top HR consulting firms the UK is home to the firm helps assess, align, engage, and lead the workforce of the future for its clients.
Some of the questions that this experienced UK consulting firm helps answer for clients are:
- What skills do your employees need?
- Where should you deploy your team members?
- How will automation disrupt your workforce?
Through a holistic approach, Deloitte consulting UK optimizes teams, manages human capital-related risk, and positions clients to attract and retain top talent.
As one of the biggest consulting firms Birmingham or other cities in the UK offer, Deloitte helps teams with the skills and environment they need for success now and in the future.
Deloitte consulting UK is one of the top consultancy firms the UK offers for a wide range of expertise and a long track record of success. From digital transformations to strategic talent pipelines, this is one of the most capable UK consultancies you’ll find anywhere.
Popular Article: Top Business Management Consulting Firms in the UK
FTI Consulting, Inc. Review
As one of the biggest consulting firms the UK has to offer, FTI Consulting, Inc. has over 800 team members based at its London office. This global business consulting firm was founded in 1982 and counts 53 of the Global 100 companies as clients.
As one of the best consulting firms the UK is home to, FTI Consulting UK helps organizations mitigate risk, manage change, resolve disputes, and achieve their full potential through expert and knowledgeable guidance.
Key Factors That Enabled FTI Consulting UK to Rank as One of the Best Consultancy Firms the UK Offers
Healthcare & Life Sciences Consulting
One of the many industries that FTI Consulting UK has expertise working with is healthcare and life sciences. The firm is one of the best for healthcare consulting the UK is home to due to its depth of resources and hands-on expertise.
The firm works with just about every segment of the industry, allowing it to optimize solutions that are individual to one facet of healthcare as well as those that are interconnected across several.
As one of the best healthcare consulting firms the UK is home to, FTI Consulting UK provides the following solutions to help make healthcare and life sciences clients better:
- Operations & Performance Excellence
- Revenue Solutions
- Regulatory Solutions
- Economics & Policy
- Health Plans & Managed Care
FTI Consulting UK | Top Consulting Companies UK
FTI Consulting UK has several specialty services that you’ll be hard-pressed to find at other top consultants the UK is home to. The firm has a deep bench of talented professionals that can help clients overcome just about any challenge.
When searching “consulting UK” it can sometimes be hard to find UK consultancies that offer help with things like COVID-19 issues or trade with countries like China. But FTI Consulting UK can help in those distinct areas and more.
The specialty services offered by this top consultancy the UK is home to include:
- Activism and M&A Solutions
- Asset Lifecycle Management Solutions
- China Services Desk
- COVID-19 Response
- FTI Comply
- Office of the CFO
- Private Capital Advisory
FTI Consulting UK is a full-featured UK consulting firm that provides strategic solutions to clients to help them mitigate risk, improve operations, boost profitability, and solve challenging problems. It’s one of the biggest multi-talented consultancies the UK offers.
With a dedicated team of experts and a wide range of capabilities, FTI Consulting solidifies a 5-star rating. This is one of the top strategy consulting firms the UK is home to.
Making consulting accessible to all types of businesses, iConsultants launched in 2013 with a goal to bring bold thinking, growth, and productivity to its clients. This top consulting firm the UK offers is based in Birmingham with 15 additional locations throughout the UK, including in Manchester, London, and Glasgow.
As one of the best consulting firms Manchester and the UK are home to, iConsultants offers both expert business consulting to organizations of all sizes as well as leading training courses.
Key Factors That Enabled iConsultants to Rank as One of the Top Consultancy Services the UK is Home To
Innovative Consulting Solutions
iConsultants does things a little differently than other consultancy companies the UK is home to. This UK consultancy tries to make consulting as accessible to businesses as possible and this is reflected in how it provides its service offerings.
As one of the top consulting firms Birmingham and the UK have to offer, iConsultants helps clients work smarter, not harder, and provides solutions that save both time and money, while increasing organizational capabilities.
Services offered by this top consultancy the UK is home to are:
- Transformational Delivery
- Design Thinking
- Success Factors
Success Factors is a solution offered by iConsulting that focuses on building a strong team and empowering them to create a stronger organization. The firm offers a suite of software tools that build best practices and help teams adapt to transformations in their organization.
When seeking consulting the UK may offer, many companies are looking for help with human capital management. This is one of the few consultancies on our list of consulting firms in the UK that offers SAP Success Factors cloud-based human capital management tools.
Some of the tool features that help companies successfully manage their teams include:
- Social Business and Collaboration Tools
- Learning Management System (LMS)
- Performance Management
- Recruitment Software
- Applicant Tracking Software
- Succession Planning
- And more
For businesses looking for comprehensive and accessible UK consultancies, iConsultants will be a great option. The firm couples innovative and value-focused consulting support with a wide range of business-focused courses.
With a friendly and inviting approach and software tools that enable tangible solutions, iConsultants is one of the top consulting firms in the UK. We’ve scored the firm with 5 stars.
McKinsey & Company Review
Established in 1926, McKinsey & Company is one of the oldest and most well-established global consultancies. The firm has offices in over 130 cities around the world, including London.
McKinsey and Company UK has been helping organizations improve their operations and overcome unique challenges for over 50 years. This dynamic consulting team includes over 76 nationalities and serves global private, public, and social organizations.
Key Factors That Enabled McKinsey and Company UK to Rank as One of the Top Consulting Firms in the UK
Many organizations are interested in upgrading their digital infrastructure and learning the best ways to implement things like business intelligence and AI. Digital transformation is a specialty of McKinsey and Company UK.
This top-rated firm for technology consulting the UK is home has the support of over 5,000 data scientists, engineers, architects, developers, technology leads, cybersecurity experts, and many others. This entire team works seamlessly to provide agile and innovative solutions for clients.
Here are a few of the areas where McKinsey and Company UK can help clients transform with the smart implementation of technology:
- Harness the power of data & analytics
- Build a digital culture
- Modernize core technology
- Create stunning digital experiences
- Turbo-charge marketing & sales
- Optimize your operations
McKinsey and Company UK | Top-Rated Consulting UK
Solving Operational Challenges
Organizations can often get stuck doing things the same way and they seek out a consultancy the UK offers to help them break free and gain a fresh perspective. As one of the largest UK consultancies, McKinsey and Company UK has helped some of the most influential companies reinvent their operational model to stay competitive.
This top consulting firm in the UK bases its guidance on resilience and reimagination as it helps clients unlock their full potential.
Some of the key ways that McKinsey and Company UK assists clients with reimagining their operations include:
- Capital Excellence
- Operations Transformation
- Service Operations
- Manufacturing & Supply Chain
- Product Development & Procurement
For those firms that want to work with a global leader that has many resources that smaller UK consultancies may not have, McKinsey and Company UK is a top choice. The firm’s connection to a world of collaborative experts and top digital tools, make it a standout.
With a multi-disciplined team and a dedication to innovative solutions, McKinsey & Company scores a 5-star rating. This is one of the top consultancy firms the UK has to offer.
Oliver Wyman Review
Oliver Wyman was founded in 1984 and is a global management consulting firm with offices in 60 cities and 31 countries. The team at Oliver Wyman UK prides itself on being local experts with global expertise.
The firm champions a collaborative culture where consultants are invited to share their energy and passion on each project. As one of the top consulting firms the UK is home to, the company works in multiple industries, from energy to retail and consumer goods.
Key Factors That Enabled Oliver Wyman UK to Rank as One of the Best Consulting Firms the UK Has to Offer
Oliver Wyman UK has a strategy team that helps clients understand factors like future customer priorities and an “outside in” view of their operations. By offering a fresh and experienced perspective, this consultancy the UK is home to helps clients deliver sustained shareholder value through more efficient operations.
Companies looking to improve performance, create value growth, and implement winning strategies can count on the professionals at Oliver Wyman UK to guide them in the right direction. These experts stay with a client from planning through to successful strategy execution.
Some of the other areas of expertise that make this one of the best consultancy firms the UK offers include business design and innovation, global strategy and corporate portfolio, and performance improvement.
Wide Range of Capabilities
When working with Oliver Wyman UK, companies have a wide range of consulting services to choose from. Working with the same UK consultancy over multiple projects improves overall outcome because each project will be planned in a holistic way.
One of the benefits of working with a larger firm for consulting in the UK, is that they’ll often have more capabilities and a larger team. This gives clients the benefit of a diverse range of expertise in many facets of business operations that a smaller consultancy the UK offers may not have.
Some of the capabilities you’ll find when working with Oliver Wyman UK are:
- Corporate Finance & Restructuring
- Brand Innovation
- Organizational Effectiveness
- Pricing, Sales & Marketing
- Climate & Sustainability
- And more
Oliver Wyman UK creates an environment for its team that promotes passion, innovation, and disruptive thinking. This fosters the best and most impactful guidance for clients wanting to improve operations and create more value.
With a broad range of capabilities and a desire to make an impact that matters, Oliver Wyman solidifies a 5-star rating. This is one of the top consultancy firms the UK is home to.
The Whitehouse Consultancy Review
With offices in London and Brussels, The Whitehouse Consultancy is an award-winning communications agency and one of the top political consulting firms the UK is home to. The firm works across multiple policy areas, including health and social care, food and nutrition, education, and more.
As one of the top consulting firms the UK has to offer for communications and political solutions, The Whitehouse Consultancy offers each client a unique and tailored strategy that is proactive and outcomes-driven.
Key Factors That Enabled The Whitehouse Consultancy to Rank as One of the Best Political Consulting Firms the UK Offers
Multiple Areas of Expertise
One factor that makes The Whitehouse Consultancy stand out as one of the best UK consultancies for politics, public affairs, and communications is the fact that its team has expertise in multiple key areas.
Because of its depth of capabilities, rather than having to work with different firms for consulting in the UK for different areas of a project or campaign, you can work with just one that can do multiple things.
Some of the many areas of expertise of The Whitehouse Consultancy offers include:
- Association Management
- Crisis Management & Communications Practice
- EU Regulation & Public Affairs
- Event Management & Planning
- Impactful & Engaging Content Creation
- Integrated Campaign Strategies
- Political Monitoring & Intelligence Gathering
- Public & Media Relations
- Reputation Management
- And many more
Integrated Campaign Strategies
When running a campaign, there are several moving parts, including political lobbying, media engagement, and events management. As a top firm for political consultancy the UK is home to, The Whitehouse Consultancy can keep all those moving parts in unison for an integrated approach.
This outcomes-driven UK consulting firm harnesses every aspect of its team’s vast expertise to create a fully unified communication strategy with a clear message.
Each facet of a campaign is designed and delivered with the client’s goals at its core, ensuring the best chance of successfully reaching the intended audience.
The Whitehouse Consultancy is one of the best UK consultancies to seek out if you’re in need of communications, social policy, and political guidance. The firm has a vast range of expertise, offering solutions that you can’t always find at another political consultancy the UK is home to.
With a focus on driving successful outcomes and a holistic approach, The Whitehouse Consultancy earns a 5-star rating. This is one of the top consulting firms in the UK for those in need of an expert political consultant.
List of Top Consultancy Firms UK
Whitecap Consulting Limited Review
Working with executives, boards, and investors of largely mid-sized organizations, Whitecap Consulting Limited is a top firm for consulting the UK offers that was founded in 2012.
The firm has six regional locations in the UK, including in Manchester, Leeds, and Birmingham. As one of the top consulting companies the UK is home to, Whitecap helps clients analyze, develop, and implement growth strategies.
Key Factors That Enabled Whitecap Consulting Limited to Rank as a Top UK Consulting Firm
Customized Service Lines
Whitecap tailors its solutions and services to each clients’ distinct needs, whether that is a 3-month or 3-year planning horizon.
As a top consulting firm the UK offers, its team takes the time to fully understand a company’s internal capabilities, external market context, technology development, competition, and more. This allows Whitecap to achieve better outcomes for clients because strategies are aligned from the beginning.
When working with other top consulting firms Manchester, Birmingham, or other cities in the UK have to offer, you may not find all the capabilities found with Whitecap. The firm offers the following service lines:
- Business Strategy
- Commercial Proposition
- M&A and Commercial Due Diligence
- Market Entry Strategy and Development Strategies
- Digital Transformation
- Commercial Performance
- Marketing Strategy
- Innovation Strategy
- Regional and/or Sectoral Analysis
- Responding to COVID-19
Responding to COVID-19
The coronavirus pandemic is one of the most significant challenges that businesses around the world have faced in several decades. Many organizations have had to transition their workforces and recalibrate how they offer their products or services.
The team at Whitecap offers expert guidance in overcoming pandemic-related challenges. As one of the top consulting firms Birmingham, Leeds, or the UK have to offer, these experts can help companies navigate and plan a strategy for the next 3-6-12 or more months.
As part of the strategizing approach, this team helps clients put together potential strategies and then select and develop the best one. From planning the roadmap to implementation, Whitecap is there, guiding clients each step of the way.
Whitecap is one of the top consulting firms Manchester and other cities in the UK are home to. Its multi-disciplined team makes it a point to start any consulting plan by learning everything they need to know about a clients’ operations and business first.
With a tailored approach and a dedication to helping organizations grow and achieve more, Whitecap Consulting solidifies a 5-star rating. This is one of the top consulting firms in the UK.
Conclusion – Top 10 Consulting Firms UK
The UK is home to many top consultancies, from those that specialize in strategy consulting to communications and political consultants. Whether you’re searching “consulting UK” or “top consulting firms in the UK for healthcare” you have plenty of great options among the consultancies on this list.
You’ll also find a healthy choice for both the biggest consulting firms the UK offers and some great smaller boutique UK consultancies.
If you like the look of a consultancy the UK offers among these top 10, but they don’t have a location near you, you may want to reach out anyhow. Many of these UK consulting firms don’t only work locally, and in fact, most work with clients from all over the world.
Top 10 Consulting Firms UK FAQ
How do consultants get paid?
With smaller firms you may have more flexibility in payment arrangements than with larger UK consultancies, which may tend to do things one way only.
There are a few different types of payment arrangements for consultancy services in the UK:
• Hourly or daily rate
• One lump sum for the project
• An initial fee followed by a monthly retainer
What qualifications do you need for consulting?
Consultants will typically need at least a bachelor’s degree in a business-related field. Beyond that, they will need experience helping guide and grow businesses in a particular area. This may be technology transformations or communication strategy.
Standard qualifications for consulting include:
• College degree in a field related to the area of consulting
• Industry certifications (if applicable to consulting area)
• Experience working in applicable field(s)
• Soft Skills (communications, leadership, organization, etc.)
Is consulting a dying industry?
Consulting is not a dying industry, rather it’s one that’s transforming. Forbes has noted that the “bottom-line only” type of consulting that was popular in the 80’s and 90’s has given way to a more nuanced and transformational approach.
Today’s consultants are driving human capital growth and enablement, digital transformations, and smart strategies that end up impacting bottom-line needs, but in a much more holistic way.
Who are the Big 5 consulting firms?
The “Big 5” consulting firms generally refers to the world’s largest consultants by revenue, thus the list can change. According to 2019 annual revenues, the top 5 consulting firms are:
• PricewaterhouseCooper (PwC)
• McKinsey & Company
• Boston Consulting Group (BCG)
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