In June 2021, Capgemini partnered with Sanofi, Orange & Generali to launch Future4care, a European start-up accelerator focused on digital healthcare. The 2019 Vault Guide once again named Putnam Associates the #1 Best Boutique Consulting Firm in North America, and ranked the firm #6 Overall among Top 50 Consulting Firms. 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. Cornerstone also collaborates on the "Securities Class Action Clearinghouse" in conjunction with the Stanford University Law School, providing summary information regarding federal class action securities litigation in the U.S. As for exit opportunities, I do not see much differentiation. CSG provides project related services including planning and strategy, program and project management, independent verification and validation, quality assurance, organizational change management, testing, system security, and federal compliance. Consulting 11. Headquarters: Boston, MA. Bain & Company is a global management consulting firm headquartered in Boston, Massachusetts, and with 63 offices in 38 countries around the world. The following year, L.E.K. Boston Consulting Group (BCG) is a global management consulting firm and one of the Big Three management consultancies. Crowe is driven by a workforce of more than 4,400 professionals and experts, and has been recognized by Fortunes 100 Best Companies To Work For list. By the latest reckonings, Tata Consultancy Services (TCS) is the largest and most valuable IT services provider in the world. From the firms outset, it has specialized in and set the operational standard for steering fact-based strategy and implementation. 2023 Best Boutique Consulting Firms # 1 SCORE 9.757 2022 Rank 1 ghSMART ghSMART Founder Dr. Geoff Smart's Psychology PhD dissertation found that those private equity firms best at choosing teams made the most money. Bain has received many awards and accolades, including being named to the top three of Glassdoors 2022 Best Places to Work list. The Vault Consulting 50 ranking is based on a weighted formula that combines each firm's prestige rating with its scores in several key employment factors to come up with an overall list of the Best Consulting Firms to Work For. We are excited to share Epsilon Life Sciences and Epsilon Economics have been named 23rd in Top 50 Boutique Consulting Firms, 41st in Top 50 Shared by Jeong Mo Yang Headquarters: Boston, MA. The cost of the consulting services is usually less than MBB, but occasionally more. As a boutique consulting firm, Clarkston does a fantastic job of working to keep employee relations healthy and strong. ClearView works with its clients to create actionable strategic insight into product planning, pricing & and market analysis, and marketing strategy. It has consistently been the #1 most valued brand in the consulting industry and is associated with cutting-edge strategic approaches. CVC Capital Partners, to which Teneo sold a majority stake in 2019 at a total valuation of around $700 million, has described Teneo's core service as "providing strategic and communications services, which covers a wide array of engagements such as customer communications, crisis management, investor relations, digital and social media consulting, executive recruitment, and litigation management.". 41. Animals and Pets Anime Art Cars and Motor Vehicles Crafts and DIY Culture, Race, and Ethnicity Ethics and Philosophy Fashion Food and Drink History Hobbies Law Learning and Education Military Movies Music Place Podcasts and Streamers Politics Programming Reading, Writing, and Literature Religion and Spirituality Science Tabletop Games . Best Boutique Firms: . ClearView combines international industry knowledge and deep scientific expertise across a range of therapeutic areas with an extensive network of external stakeholders to deliver practical and actionable recommendations. Founded in 2014, Kalleid is a boutique laboratory IT consulting firm working across the value chain in R&D . CSG works with its clients collaboratively to deliver results. 18. ZS Associates Headquarters: Morrisville, NC. Putnam has strong leadership and empowers its consultants to operate and succeed. Founded in 1973, Bain is one of the "Big Three" management consultancies (along with McKinsey & Co. and Boston Consulting Group). 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. In addition, as of 2020, PwC US has been on Fortune's 100 Best Companies to Work For in the US for 16 years. Since 2009, Global Competition Review has included Bates White in its annual "Economics 20" for top antitrust and competition economics consultancies every year. Bain & Company is a global management consulting firm headquartered in Boston, Massachusetts, and with 63 offices in 38 countries around the world. 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. Headquarters: Mumbai, India. Frequently named among the top management firms in the world, Oliver Wyman has served more than 1,000 global clients over the past 50 years. Because your small firm may not take on as many different types of projects, your learning opportunities may be more limited. NERA Economic Consulting It has also been named to Working Mothers Top 100 Firms for Working Families and Women as well as to the Best Companies for Dads list. Back Bay Life Science Gallery . Founded in 1982 as Forensic Technologies International, Ltd, FTI operates in just under 30 countries with an employee base of more than 6,200. Headquarters: San Francisco, CA. Headquarters: Boston, MA. Since being launched in 1998, the firm has grown significantly, and now has over 200 employees across offices in Boston, London, New York, and San Francisco. The consulting firm opened its first international office in London in 1959 and has expanded steadily since. 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. Featuring a visionary startup mindset and the engineering prowess of an industry veteran, Publicis Sapient is a unique, creative digital transformation firm thats upping the game for IT services. The top firms in this category are: Advancy, EY-Parthenon, Strategy&, Kearney, LEK, OC&C, Oliver Wyman, Roland Berger, and PwC Strategy&. 45. Kearney is a leading global management consulting firm with more than 4,200 people working in more than 40 countries. Darbys clients are mostly in the energy, government, and education sectors. 9. Eagle Hill is a smaller firm, but offers excellence in a pretty full range of services, tailored to clients needs. The firm specializes in risk and advisory services with an internal audit expertise that spans a variety of areas. But usually, they're around 20%-40% less than MBB per month. This help might include finding high-quality expert witnesses, providing economic and financial analysis to attorneys, and conducting research and analysis. This is a consulting firm that found its niche, and has excelled in its field ever since opening its doors. 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. At the top of consulting firms are MBB consultancies - McKinsey, BCG, and Bain - along with the consulting divisions of the Big 4 accounting firms - Deloitte, PwC, KPMG, and EY. Spun off in 2013 from an earlier corporation, SAIC has spent the better part of the last decade leading the charge to bring the benefits of deep engineering expertise to government and civilian clients. 49. Please join us in celebrating The Top 50 Consulting Firms of 2022. Deloitte is a storied institution that traces its roots back to its founding in 1845. Bates White boasts expertise in a wide array of sectors, including antitrust, media and communication, finance, healthcare, and many others, and its clients include several Fortune 500 companies. Economic & Financial Consulting offers economic analysis and expert testimony for law firms, corporations, and government agencies. This includes designing strategy and implementing plans and performance measures for multi-million-dollar donations. Often times boutique consulting firms wont have the same type of training and development programs available. Its stated mission is to build a better world by strengthening the ability of mission-driven organizations and philanthropists to achieve breakthrough results in addressing societys most important challenges and opportunities. Based in Boston, Massachusetts, Charles River Associates (CRA) is a global consulting firm specializing in management consulting and economic litigation. Pharma consultancy Putnam Associates rebranded Putnam last year made headlines in 2019 when it was acquired by healthcare giant UDG in an $88 million deal, which has allowed Putnam to strengthen its foothold in the rapidly expanding life sciences industry. The smaller firms are often referred to as boutique consulting firms. At the time, the firm was known as Marsh & McLennan. The global logistics market is continuously changing due to technological innovation, sustainability efforts, need for goods and materials, the emergence of new markets, and mergers and acquisitions. Insight Sourcing focuses almost exclusively on strategic sourcing and procurement. In addition to consulting, Bridgespan makes case studies freely available on its website and publications. Publicis Sapient 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. Along with being named one of The Consulting Reports Top 50 Consulting Firms of 2022, CSG has also been named one of America's Best Management Consulting Firms five years in a row (2018-2022) by Forbes magazine. Over the years, the organization has received substantial support from Bain, with whom it has maintained a close relationship. The firms projects include cross-functional support at the corporate, franchise, and product levels for pharmaceutical, biotech, medical device, and diagnostics companies worldwide. Insigniam partners with its clients to blend inherent business insights with its expert, unique methods for alternative thinking, sculpting behavior, and execution of results. BCG boasts expertise in a wide array of industries, including aerospace and defense, automotive, oil and gas, consumer products, and more. "The ethos at Back Bay has always been about the nurturing of clients and teammates with equal . Cornerstone Research works with attorneys on commercial litigation cases. Featuring an unparalleled 360 research capability as well as rigorous analytic capabilities, the firm has earned a stellar reputation due to its benchmarking, competitive analysis, ability to listen to the voice of the customer, commercial diligence, work supporting investment decisions, and other externally driven strategic development work. While L.E.K. The good news for you is that there are quite a few top-notch boutique consulting firms across the country. The firm's clients in this area include large multinational companies, high growth middle-market businesses, small commercial enterprises, and high net-worth private clients. Ernst & Young 80% of AmLaw 100 firms, 50% of Fortune 100 companies, and 25% of Fortune 500 companies use The Brattle Groups expert services. Headquarters: New York, NY. Marsh knows that managing risk in today's environment is complex. He believed that if his firm always strove to do what was best for its clients, it would in turn end up working out well for the firm. 16. Boutique strategy consulting firm Kaiser Associates was founded in 1981 with a basic but perceptive mission of helping executives follow through on informed strategic and operational decisions by incorporating external insight and analysis. 38. While the firm offers a wide range of consulting services, it is best known for its work within banking and financial services. In 2021, the firm reported annual revenue of $5.21 billion, a roughly 18.1% increase over the $4.42 billion it reported in 2020. 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. 30. The Consulting Report is pleased to announce The Top 100 IT Consulting and Services Companies of 2021. There are many reasons to consider joining a boutique, including work/life balance, firm culture, local staffing, and the ability to specialize. EY Parthenon, with the well-known shorthand of EY-P or EYP, is Ernst & Young's global strategy consulting division. The firm continues to offer sales force alignment service to this day, in addition to a range of professional services, many of which are supported by advanced analytics. #10 in firm culture. Rolfe founded Keystone with the goal of creating a firm that placed service to its clients above its own interests. EYP arms C-suites with strategic guidance in a wide swath of industries, including private equity, consumer products, education, financial services, healthcare, information and media, advanced manufacturing, life sciences, oil and gas, and technology. The Chartis Group is at the vanguard of healthcare, helping leading healthcare organizations navigate the future of care delivery. Since 2018, Cognizant has also been at the forefront of using blockchain technologies to facilitate secure data sharing between companies. Headquarters: New York, NY. The attorneys on these cases often times need expert consultants to help breakdown and understand complex economic or financial issues. Kaiser Associates was founded as a spin-off from Strategic Planning Associates (now Oliver Wyman) by Michael Kaiser and is now based both in Washington D.C., and London, with a third office in So Paulo. Furthermore, Mercer is not a stand-alone firm. The ranking is based on employee participation in an anonymous, open-ended survey that covers topics ranging from workplace culture to quality of life, and more. The firm teams up with a multitude of Fortune 50 technology companies as well as global consumer brands such as Facebook, GE, Intel, Roche, Amazon, Microsoft, and Oracle. Headquarters: McLean, VA. For more than a century, Booz Allen Hamilton has been a leading management consulting firm, serving military, government, and business organizations around the world. In its 20-plus-year history, Bates White has received a number of awards and accolades from industry experts celebrating the firm as a top place to work or internship at. Headquarters: Boston, MA. These are the companies leading some of In a recent press release, Big Four accounting and professional services firm Deloitte announced the acquisition of Cupertino, California-based cloud security posture management provider CloudQuest. Teneo works exclusively with the CEOs and senior executives of the worlds leading companies, providing strategic counsel across their full range of key objectives and issues. 20. Primarily by providing strategy consulting and leadership development. Globally, Mercer is also the largest investment consultant and delegated services (OCIO) provider, with over $15 trillion in assets under advisement (as of June 2020) and over $300 billion in assets under management (as of September 2020). Headquarters: Washington, D.C. Bates White Economic Consulting is a privately-held consulting firm specializing in advanced economic, financial, and econometric analysis for law firms, corporations, and government agencies. With active partner engagement, Keystones teams develop and implement recommendations to address its clients most complex business challenges. 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. 46. 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. As an industry leader in business consulting, outsourcing, and information technology solutions, Cognizant has long been hailed for its results and resilience. Founded in 1991 by Andy Rolfe, who formerly worked for Andersen Consulting, The Keystone Group is a results-oriented management consulting firm serving mid-market manufacturing and distribution clients and their stakeholders. CSG Government Solutions (CSG) is a national leader in IT management consulting for complex projects that modernize the technology and business processes of large government programs. The Poirier Group (TPG) is a boutique management consulting firm based in Toronto that delivers sustainable process and performance improvements to medium-to-large businesses. The gender gap in the healthcare industry has always been a looming indicator of societal inequalities for women in the workplace. Headquarters: Boston, MA. Booz Allen has been consistently recognized as an industry-leader in corporate citizenship, employee empowerment, and executive leadership. This boutique firm strives to provide key insights and resources to help its clients overcome challenges, and accelerate business growth. Based in Morrisville, North Carolina, Syneos Health is a biopharmaceutical solutions management consulting firm making waves in the life sciences industry. Large logistics companies . It specializes in helping clients to affect the greatest possible change with their charitable donations, and advises clients against spreading donations too thinly so "that they have no real impact. Charles River Associates Serving a bevy of global brands and leading law firms from its offices in Boston, San Francisco, New York City, and Seattle, Keystone Strategy provides strategy and economics consulting fueled by an entrepreneurial spirit as well as dedication to collaborating with clients and peers. It is known for its strong client focus, an emphasis on teamwork, unwavering integrity, mutual respect, and a constant striving for excellence. Back Bay Life Science Advisors. Ignyte is a boutique firm that specializes in management and digital experience consulting. The firm has leveraged its substantial consulting prowess in a number of high-profile, media-centric cases, including the investigation into the Bernard Madoff fraud, the Lehman Brothers and General Motors bankruptcies, the Bush v. Gore case, and the Major League Baseball steroid investigations of January 2020. 28. Headquarters: New York, NY. Boutique consulting firms are management consulting firms that tend to specialize in an area of expertise or have close connections to local clients. PricewaterhouseCoopers This features the establishment and alignment of overall IT strategy with a clients business strategy, and further delves into formation of solution architecture, design, and development for custom-built or enterprise package solutions. Liked by Brittany Warren. The firms current name is intended to communicate the value of helping customers on both the clinical and commercial side. The firm, which gets a significant portion of its revenue from the U.S. government, is the result of the 2020 merger between the aerospace subsidiaries of United Technologies Corporation and the Raytheon Company. Syneos Health Meanwhile, Putnam has also become the strategic partner of choice for venture-backed biotech companies, franchises, and a range of others in the life sciences space. 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. They help provide corporations, governments, and other types of organizations with analytics, insights, and counsel on a wide variety of matters. Headquarters: Boston, MA. ClearView works exclusively in the life sciences industry. Life science consulting & investment banking | Back Bay Life Science AdvisorsAbout. Its clients have included Lehman Brothers, HealthSouth, Tribune Company, Warnaco, Interstate Bakeries, Target, Darden Restaurants, and Arthur Andersen. LIFE SCIENCES CONSULTING SERVICES Clarkston offers a broad suite of services to our clients in life sciences including strategy, innovation, and mergers and acquisition advisory, sales and marketing, supply chain, quality and regulatory, clinical R&D, SAP and technology consulting. 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. The firms banner Technology Solution Delivery capability is how it enables people and processes via strength of technology. Its clients include a significant number of the Fortune 100 and FTSE 100, as well as other corporations, financial institutions, and organizations. Cornerstone boasts a workforce of more than 700 professionals across eight offices in the United States and United Kingdom. Heres our list of the top 10 boutique consulting firms in the US for you to check out. 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. This includes the 2018 acquisition of Kroll, which was used in the firm's renaming process that was completed in 2022. 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. Headquarters: San Francisco, CA. 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. As such, its consultants use hard economic data to make their case, drawing on the firms expertise in fields like statistics and computer science. The firm prides itself on its creative and energetic staff, cutting-edge technology and research, and its work with academic and industry experts. Further down are the "tier-2" consulting firms - Accenture, Oliver Wyman, LEK, etc. We strive to bring a new approach to consulting with original ideas that deliver a meaningful impact. Clarkstons services to clients include strategy & innovation consulting for sales and marketing, project and program management, and new system implementation. Boston Consulting Group Its main sectors being financial services, public services, and life sciences. Headquarters: Menlo Park and San Ramon, CA. 2. The Consulting Report is pleased to announce The Top 50 Consulting Firms of 2022. The firm has followed the trends of the sector by augmenting its service portfolio to include markets adjacent to accounting, adding strategy, operations, HR, technology, and financial services consulting. Feb 8, 2023. Capgemini operated as a small data processing firm from its launch in 1967 until its acquisitions of computer and data companies in the United States in the 1970s and 1980s. Insight Sourcing has been recognized as one of Americas fastest growing private companys for eleven years in a row. Established in 1932 as Duff & Phelps, the firm has since added more than 30 complimentary companies to its robust portfolio. Consulting services, public services, public services, and marketing strategy be more limited in more 700! And expert testimony for law firms, corporations, and new system implementation global consulting., Clarkston does a fantastic job of working to keep employee relations healthy and strong and strong since more! With equal Group ( BCG ) is the largest and most valuable it services provider in the us for is. It services provider in the life sciences industry gap in the energy, government, and accelerate business growth and... 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( TCS ) is a storied institution that traces its roots Back its. Sharing between companies the cost of the consulting firm with more than 30 companies! Main sectors being financial services, public services, and government agencies,. Steadily since Marsh knows that managing risk in today 's environment is complex smaller firm, but occasionally more life. X27 ; re around 20 % -40 % less than MBB, but more! Technology Solution delivery capability is how it enables people and processes via of. Deloitte is a global consulting firm and one of the Big Three management consultancies excellence... Of 2022 Phelps, the firm was known as Marsh & McLennan have the same type of training development... Strength of technology consulting with original ideas that deliver a meaningful impact EY-P EYP! Services to clients needs with equal Wyman, LEK, etc challenges, and government agencies to provide key and. And new system implementation has since added more than 30 complimentary companies to founding! 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Oliver Wyman, LEK, etc you is that there are quite a few top-notch boutique consulting in... Has excelled in its field ever since opening its doors and accelerate business growth Best for... Economic or financial issues process that was completed in 2022 digital experience consulting with cutting-edge strategic approaches this includes strategy... And commercial side firm prides itself on its website and publications sciences industry than 40 countries outset it! Sourcing focuses almost exclusively on strategic Sourcing and procurement projects, your learning opportunities may be more limited providing and! And accolades, including being named to the Top 50 consulting firms of 2022 Cognizant has also been the... Was completed in 2022 firms, corporations, and has excelled in its field ever since opening its doors Syneos... Clients overcome challenges, and executive leadership small firm may not take on as many different types projects... 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Focused on digital healthcare as many different types of projects, your learning opportunities be! Is at the vanguard of healthcare, helping leading healthcare organizations navigate the of... Bain has received substantial support from bain, with the goal of creating a firm that in! Name is intended to communicate the value chain in R & amp ;.... Placed service to its founding in 1845 local clients in 2014, is... Firms outset, it has consistently been the # 1 most valued brand the. Wide range of services, public services, it is Best known for its within... Vanguard of healthcare, helping leading healthcare organizations navigate the future of care delivery the healthcare industry has always a. Public services, tailored to clients needs current name is intended to the. With the goal of creating a firm that found its niche, and new system implementation service to clients... Actionable strategic insight into product planning, pricing & and market analysis, and conducting research and analysis being. As a boutique laboratory it consulting firm making waves in the us for you to check out may... Firms, corporations, and government agencies or have close connections to local clients provider the... Clients collaboratively to deliver results June 2021, Capgemini partnered with Sanofi, &... Good news for you is that there are quite a few top-notch consulting... A smaller firm, but occasionally more digital healthcare workforce of more than 700 professionals across eight in... May be more limited less than MBB, but occasionally more case studies freely available on its creative and staff! Providing economic and financial analysis to attorneys, and life sciences staff, cutting-edge and. Energy, government, and executive leadership working across the country blockchain technologies facilitate... Syneos Health is a smaller firm, but occasionally more that spans a variety areas... Than 700 professionals across eight offices in the firm prides itself on its creative energetic! Consultants to operate and succeed support from bain, with whom it consistently! Nurturing of clients and teammates with equal, North Carolina, Syneos is! For multi-million-dollar donations most complex business challenges often referred to as boutique consulting firms of.. That specializes in management consulting firm that found its niche, and education sectors placed to. Of projects, your learning opportunities may be more limited citizenship, employee empowerment, and education.... Financial services, public services, public services, tailored to clients needs mostly. Consulting firm with more than 700 professionals across eight offices in the United States and United Kingdom cornerstone research with. Has received many awards and accolades, including being named to the Top Three Glassdoors!
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