This looks like combining consulting, and design to create a new digital experience for brands and the clients it serves. CohnReznick recently launched its Gamechangers in ESG Awards program to recognize U.S. businesses that are changing the game through their commitment to environmental, social, and governance (ESG) strategies and practices. Key Factors That Enabled Us to Include Alira Health on Our List of Top Healthcare Consulting Firms Interdisciplinary Approach As one of the top-rated boutique consulting firms, Clarkston Consulting has a solid and well-defined history of success in terms of service and clients served. Clarkstons services to clients include strategy & innovation consulting for sales and marketing, project and program management, and new system implementation. Headquarters: Boston, MA. 16. The firm is committed to a culture of inclusion and diversity and a focus on community engagement. The firm has also been recognized by the Human Rights Campaign Foundation for earning 100 percent on its Annual Corporate Equality Index for LGBTQ workplace equality. In a world changing faster than ever in nearly every respect, from technologically to culturally, consulting firms serve as an indispensable partner for any organization navigating its path to success. Teneo was founded in June 2011 by Declan Kelly, Paul Keary, and Doug Band and currently has more than 1,450 employees located in 40 offices. #8 in best overall business outlook. However, the Type A in me is obsessed with prestige and wondered . McKinsey, Boston Consulting Group and Bain & Company dominate the consulting industry, most notably the field of strategy as Forbes highlights in its annual US consulting ranking. #9 in informal team training. 11. 6. Economic & Financial Consulting offers economic analysis and expert testimony for law firms, corporations, and government agencies. "The ethos at Back Bay has always been about the nurturing of clients and teammates with equal . Ignyte is a boutique firm that specializes in management and digital experience consulting. Stax is a global management consulting firm serving corporate and private equity clients across a broad range of industries including software/technology, healthcare, business services, industrial, consumer & retail, and education. The firm was formed as a merger of equals between London-based Willis Group Holdings plc and Arlington, VA-based Towers Watson & Co. in early 2016. These women leaders represent some of the most prominent IT organizations that provide clients across the public and private sectors with ongoing cybersecurity services Microsoft recently announced a multi-year collaboration with IT services company Accenture and healthcare industry leader Kaiser Permanente to enhance its hosted cloud environment infrastructure that supports its 12.4 million members and more than 85,000 care providers. Protiviti The cost of the consulting services is usually less than MBB, but occasionally more. 7. Headquarters: Boston, MA. Founded in New York City during the mid-1980s (by former Booz Allen Hamilton partners Alex Oliver and Bill Wyman), the firm has since become the fastest-growing management consulting firm today. Primarily by providing strategy consulting and leadership development. Founded in 1989, Cornerstone Research is a litigation consulting firm based in San Francisco, California. In pursuit of Grant Thorntons purpose to make business more personal and build trust into every result, Grant Thornton consultants focus on relationships, quality and comprehensive service. Syneos Health Since 1926 when James O. McKinsey, a University of Chicago professor, opened a consulting office in Chicago, the firm has provided strategic advice to corporations and other organizations. West Monroe. The firm is widely known for solving for the most complex business challenges and opportunities by integrating a wide variety of disciplines. The Top 25 Consumer and Retail Consultants and Leaders of 2023, Accenture Acquires Bionest, Boosts Life Sciences Strategy Capabilities, McKinsey Tech Accelerator Speeds Inclusive Innovation for Underrepresented Entrepreneurs, Healthcare Executives Optimistic About Their Companies, Cautious About the Economy, Marsh McLennan Sets 150-Year Record, Breaks $20 Billion in Global Revenue, In Spite of Big Tech Layoffs, Big Consulting Firms Still Seeking Tech Skills, Five Big Steps to Better Procurement Decision Making, What the End of the COVID-19 Public Health Emergency Could Mean for Providers, The Top 25 Digital Transformation Consultants and Leaders of 2023, U.K. Often times a boutique consulting firm is small to midsize, typically meaning less then 500 employees. Kx Advisors. #10 in firm leadership. 12. But usually, they're around 20%-40% less than MBB per month. Headquarters: Washington, D.C. FTI Consulting, headquartered in Washington, D.C., is counted among the largest financial consulting firms in the world, typically ranking highly in consulting firm industry listings. List of Top Life Science Consulting Firms: 100+ to Apply to Last Updated January, 2022 10,820 Views If you have a background in healthcare, pharma, or the life sciences and an interest in bringing new healthcare solutions into the world, life science consulting could be the right career path for you. The operation of CSGs business is characterized by The CSG Way, an environment that emphasizes teamwork, communication, and consistent high-quality work. A complete listing of our offerings can be found under the Services tab. Back Bay Life Science Advisors Ranked Among Top Five Best Boutique Consulting Firms Nationwide. The feel and atmosphere of a boutique consulting firm will also be quite different then working for a firm such as McKinsey, Deloitte, or BCG. Alvarez & Marsal In todays world of consulting, you will find that not all firms are created equal. FTI Consulting has become a major player in the global management consulting space. The award is given for outstanding papers on corporate finance published in the Journal of Finance. Putnam has strong leadership and empowers its consultants to operate and succeed. 10. Whether massive global firms or small boutiques, clients rely on these firms for revenue growth, operational improvements, human capital management, and digital transformation, among many other services. Each year, the firm presents the Brattle Prize at the American Finance Association's annual meeting. Headquartered in Brussels, Belgium, Arthur D. Little (ADL) is an international management consulting firm with over a century of heritage. Grant Thorntons award-winning, people-first culture prioritizes mentorship and colleague care, and the firm continuously reviews and enhances its benefits to ensure it promotes work-life balance and strengthens every aspect of its colleagues health. Founded in 1965, CRA offers economic, financial, and strategic expertise to major law firms, corporations, accounting firms, and governments around the world. Crowe is recognized by many organizations as one of the best places to work in the U.S. As an independent member of Crowe Global, one of the largest global accounting networks in the world, Crowe serves clients worldwide. This help might include finding high-quality expert witnesses, providing economic and financial analysis to attorneys, and conducting research and analysis. Below are 12 notable boutique consulting firms offering over $90,000 in total potential compensation for undergrad and master's degrees. Since 1991, the firm has been working side-by-side with clients, fostering long-term relationships and delivering tangible, sustainable results. This boutique firm strives to provide key insights and resources to help its clients overcome challenges, and accelerate business growth. BCG boasts expertise in a wide array of industries, including aerospace and defense, automotive, oil and gas, consumer products, and more. Founded in 1990, Insigniam handles enterprise-scale transformation, transformational leadership, and managing change as a leading management consulting firm. Headquarters: Chicago, IL. TCS cloud platforms are fostering development across Asia, and the firms ADD Safety software was recently granted an award for using AI to radically improve pharmacological outcomes. Insight Sourcing has been recognized as one of Americas fastest growing private companys for eleven years in a row. 31. Its no understatement to say that the Mumbai-based firm possesses top-level talent on a wide variety of IT services, but it is perhaps best known for its work in application development and management as well as its work in enterprise solutions and outsourcing particularly its lauded enterprise application TCS Crystallus. The Consulting Report is your comprehensive source for business news, leadership dynamics and corporate actions related to the consulting, professional services and tech services industries. The firm, initially not officially known by its initialism, came into being through the 1989 merger of two accounting firms, Ernst & Whinney and Arthur Young & Co. The rapid, widespread embrace of remote work policies driven by the COVID-19 pandemic has placed cybersecurity as a focal point of business success. 43. While the firm in its present form was created in 1998 (by a merger between two accounting firms: Coopers & Lybrand and Price Waterhouse), its legacy can be traced back to the middle of the nineteenth century, when it was founded in the U.K. Today, it employs over 280,000 people who operate in more than 150 countries around the world. There are many reasons to consider joining a boutique, including work/life balance, firm culture, local staffing, and the ability to specialize. Furthermore, the RPS segment provides tailored solutions for customers commercial, government, and military who are not just based in the U.S., but rather located across the globe. It has also been the recipient of numerous awards and recognitions, including being named one of Modern Healthcares Best Places to Work 2021 and Best in KLAS in four different categories in 2022: Healthcare Management Consulting, Digital Transformation Consulting, HIT Advisory Services, and Financial Improvement Consulting. Clarkston is a business and technology consulting firm based in North Carolina. Professional services network Deloitte Touche Tohmatsu Limited (commonly referred to as simply Deloitte) continues to set the bar high for services including analytics and cloud computing. Headquarters: Brussels, Belgium. Putnams clients are very diverse, from small start-ups to fortune 500 companies. Feb 1, 2023. . The Keystone Group. Despite the fact that women make up 70% of nurses and a large share of clinical care providers, there is an alarming gap in leadership positions filled by women Management consulting and advisory company, Teneo, has recently announced a new addition to the top tier of its team. Since being founded in 1983 by three Bain & Company partners James Lawrence, Iain Evans, and Richard Koch L.E.K. IBM iX provides hybrid data management solutions powered by AI that carry the advantages of a modernized information architecture, simplifying data collection and management as well as making processes smarter with automation containerization built on open platforms. Booz Allen Hamilton Digital transformation and consulting firm Capgemini works to bring innovative solutions to corporate clients around the world. Barrett, The Honors College . The firm has held a leadership position in community investment for more than 35 years and a 15-year commitment to the cleantech and renewable energy industries. The firms clients include a broad range of operating companies in the life sciences, from medical device and pharmaceutical companies to investors in the life sciences fields. It is proud to have established relationships spanning over two decades or longer with public and private corporations, private equity firms, their portfolio operations groups, and portfolio companies. ClearView works with its clients to create actionable strategic insight into product planning, pricing & and market analysis, and marketing strategy. This includes the 2018 acquisition of Kroll, which was used in the firm's renaming process that was completed in 2022. services nearly all industries and functions, it is best regarded for its work in healthcare and private equity. In fact, it serves more than 80% of the worlds largest 100 financial institutions and in 2021 it reported $2.5 billion in annual revenue. The firm is fueled by a combination of cutting-edge research, state-of-the-art methods, and proven experience, and includes a diverse team of more than 800 professionals from over 50 countries. Grant Thornton LLP Back Bay also ranked #24 in the Vault Consulting 50, Vault's signature list of the best consulting firms to work for and ranked in the top three pure healthcare firms included on the list. As for exit opportunities, I do not see much differentiation. Oliver Wyman Cornerstone Research San Francisco California, The Bridgespan Group Boston Massachusetts, ClearView Healthcare Partners Newton Massachusetts, Eagle Hill Consulting Seattle Washington, Clarkston Consulting Durham North Carolina. With headquarters in McLean, Virginia in the Greater Washington, D.C. area and 80 other global offices, Booz Allen is made of approximately 29,200 engineers, scientists, software developers, technologists, and consultants. In 2018, NERA was ranked second in Vault's annual survey of the top firms in economic consulting. The firm has experienced professionals in almost 20 industry groups who consult on nearly every aspect of business, from finance and technology to operations and compliance as well as risk mitigation, mergers and acquisitions, strategy, cybersecurity and workforce management. Its clients include a significant number of the Fortune 100 and FTSE 100, as well as other corporations, financial institutions, and organizations. 20. Consulting Market Revenues Reach Record 18 Billion, AE Industrial Partners Boosts Cyber Investment With Stake in REDLattice, Creating and Protecting Quantum IP Is the Key to a Competitive Edge, Booz Allen Hamilton Executive Discusses Company Strategy, Underrepresentation In Female Leadership Sounds An Alarm In The Healthcare Industry, Teneo Announces New Chairwoman, Ursula Burns, Why Cybersecurity Success Depends On Public-Private Partnership, The Top 100 IT Consulting and Services Companies of 2021, Deloitte Expands Cloud-Services Portfolio With Acquisition Of CloudQuest, Accentures History With Healthcare.gov Factors Into Current CMS Contract, The Top 25 Women Leaders in Cybersecurity IT Services of 2021, Kaiser Permanente To Partner With Accenture, Microsoft For Cloud Expansion. CRA provides a wide range of solutions to organizations in communications, retail and distribution, life sciences, energy, and other industries, and its services include analytics, forensic accounting, mergers and acquisitions, and more. The Chartis Group CohnReznicks history of social advocacy has helped strengthen housing policies and paved the way for emerging industries like cannabis. The gender gap in the healthcare industry has always been a looming indicator of societal inequalities for women in the workplace. While L.E.K. This merger was a bold gambit from a Big Four contender to step up its value chain efforts, moving beyond audit services to embark on new business ventures and give its clients various new points of entry. I work only 40 hours on average per week at my current firm. EY is known for offering assurance (financial audit), consulting, tax, and advisory services to its customers. Over the years, CSG has attracted many of the most respected senior experts in the government programs they serve. The firm boasts 40 offices globally and more than 1,500 experts and professionals; its also regularly recognized as one of "America's Best Management Consulting Firms" by Forbes, among other accolades. It provides services to 420 out of 500 Fortune 500 companies, making it the second largest professional services firm in the world. With nearly 300,000 employees working from home since March 2020, Cognizant continues to expand its reputation for quality digital solutions and workplace innovation, with particular focus on its Work Ahead AI action and research initiative. With headquarters in Armonk, New York and more than 10,000 employees, IBMs consulting branch IBM iX is now one of the largest digital and design consultancies worldwide, with roughly 60 studios as well as wide-reaching global network of strategists, designers, developers, and data architects leveraging deep industry and ISV expertise. Headquartered in Waltham, Massachusetts, RTX researches, develops, and manufactures advanced technology products in the aerospace and defense industry including aircraft engines, cybersecurity, guided missiles, air defense systems, satellites, and drones. At the time, the firm was known as Marsh & McLennan. Founded in June of 2004 on the core principles of being good and being truthful, the firm has a resolute vision "to transform business by doing what is right," with a critical stated focus on helping businesses achieve their objectives through the enablement and enhancement of both process and technology. Its clients have included Lehman Brothers, HealthSouth, Tribune Company, Warnaco, Interstate Bakeries, Target, Darden Restaurants, and Arthur Andersen. PricewaterhouseCoopers (PwC) is a behemoth in the world of accounting and consulting services. The firm invests deeply in training and fostering entrepreneurship in its own employees so they can bring the most impactful solutions to clients. The Brattle Group The top firms in this category are: Advancy, EY-Parthenon, Strategy&, Kearney, LEK, OC&C, Oliver Wyman, Roland Berger, and PwC Strategy&. Boston Consulting Group With an entry deadline of June 30, 2022 and winners announced in the fall, the program provides a platform for organizations to communicate their ESG stories and be recognized for their accomplishments whether they are just starting their ESG journey or are well on their way. Now, Publicis Sapient is working with Microsoft and other tech firms to transform how groceries are delivered, how people travel safely, and much more. This firm is led by a former Harvard Business School professor, and previous Bain & Company alumni. Now based in New York City, much of the firm's success stems from its unique culture of hard work and zealous employees. The EY rebranding campaign of 2013 solidified what had been an informal moniker. Now, it is a major management consulting and professional services firm focusing on consulting, software, and technology and provides services for clients in healthcare, private equity, and technology. Keystone combines the strategic insights of leading academic experts from Harvard, Stanford, MIT, Wharton, and other top universities with the practical industry expertise of its accomplished network of professionals to deliver extraordinary impact. Major project achievements include assisting the U.K. government on the privatization of passenger train operating companies in the mid-1990s, providing strategic and commercial advice on the world's largest airline merger in 2007, and opening its fifth European office in Madrid, Spain in 2021. The firm partners with clients to provide data-driven, actionable insights designed to drive growth, enhance profits, increase value, and make better investment decisions. The battle for a healthcare.gov contract with The Centers for Medicare & Medicaid Services has endured a long series of bid protests. The attorneys on these cases often times need expert consultants to help breakdown and understand complex economic or financial issues. The firm, which has been ranked the #1 HR Consulting Firm by Vault for several years running, is arguably the top global consulting leader in talent, health, retirement, and asset management. Ursula Burns, the former CEO of Xerox, has been chosen as the chairwoman of the company with the departure of Declan Kelly, the former CEO and chairman of the company, and also co-founder As highlighted by the widespread SolarWinds security breach, the public and private sector can no longer afford to act separately when it comes to cybersecurity. Feb 8, 2023. The Chartis Group consists of more than 550 talented professionals across four offices in Boston, Chicago, New York, and San Francisco with the experience and capabilities required to transform healthcare. It has been ranked in the top 10 in Vault's Consulting 50 multiple times, and in Consulting magazine's Best Firms to Work For. Founded in 1973, Bain is one of the Big Three management consultancies (along with McKinsey & Co. and Boston Consulting Group). Insigniams organization transformation service holds a core value proposition of enabling clients to build a bond and collaboration amongst their people. 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