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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.
It has largely replaced the older Standard Industrial Classification (SIC) system, except in some government agencies, such as the U.S. Securities and Exchange Commission (SEC). An establishment is typically a single physical location, though administratively distinct operations at a single location may be treated as separate establishments.
Thus, the Standard Industrial Classification system was born. SIC codes are four-digit numerical representations of major businesses and industries. SIC codes are assigned based on common characteristics shared in the products, services, production and delivery system of a business.
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 ...
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Huron was founded in May 2002 in Chicago, Illinois, by a group of former employees of Arthur Andersen in the wake of that firm's high-profile collapse. [4]In May 2004, Huron filed a registration statement with the Securities and Exchange Commission (SEC) relating to the initial public offering of its common stock. [5]
Management consultants help businesses analyze their current ways of operating and formulate new strategies to meet their business goals. They are typically organized into professional firms, being managed as partnerships either through the formal organization or the firm's operating agreements.
Management Consulting Group, PLC is a consulting company listed on the London Stock Exchange under the name MMC. The company was originally named Alexander Proudfoot PLC, after its founder. In 1993 it shortened its name to Proudfoot PLC. In January, 2001 it changed its name to the current name of Management Consulting Group, PLC. [1]