Management consulting

management consultantconsultingmanagement consultancyconsulting firmmanagement consultantsbusiness consultantmanagementManagement consulting servicesAdvisoryBusiness Consulting
Management consulting is the practice of helping organizations to improve their performance, operating primarily through the analysis of existing organizational problems and the development of plans for improvement.wikipedia
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Consultant

consultingconsultancyconsultants
Organizations may draw upon the services of management consultants for a number of reasons, including gaining external (and presumably objective) advice and access to the consultants' specialized expertise.
One of the more common types is the management consultant.

Arthur D. Little

Arthur D. Little, Inc.Arthur D. Little CompanyArthur D. Little, Inc
One of the first management consulting firms was Arthur D. Little Inc., founded in 1886 as a partnership, and later incorporated in 1909.
Arthur D. Little is an international management consulting firm originally headquartered in Boston, Massachusetts, United States, and formally incorporated by that name in 1909 by Arthur Dehon Little, an MIT chemist who had discovered acetate.

Frederick Winslow Taylor

Frederick TaylorFrederick W. TaylorTaylor
As Arthur D. Little focused on technical research for the first few years, the first management consultancy was started by Frederick Winslow Taylor, who in 1893 opened an independent consulting practice in Philadelphia.
He was one of the first management consultants.

KPMG

Peat Marwick MitchellKPMG InternationalPeat Marwick
The then Big Eight, now Big Four, accounting firms (PricewaterhouseCoopers; KPMG; Ernst & Young; Deloitte Touche Tohmatsu) had always offered advice in addition to their traditional services, but after the late 1980s these activities became increasingly important in relation to the maturing market of accounting and auditing.
Seated in Amstelveen, the Netherlands, KPMG employs 207,050 people and has three lines of services: financial audit, tax, and advisory.

Accenture

Andersen ConsultingAccenture PLC Accenture PLC
In 2000, Andersen Consulting broke off from Arthur Andersen and announced their new name: Accenture.
Accenture is a global management consulting and professional services firm that provides strategy, consulting, digital, technology and operations services.

Ernst & Young

EYErnst and YoungErnst & Ernst
The then Big Eight, now Big Four, accounting firms (PricewaterhouseCoopers; KPMG; Ernst & Young; Deloitte Touche Tohmatsu) had always offered advice in addition to their traditional services, but after the late 1980s these activities became increasingly important in relation to the maturing market of accounting and auditing.
It provides assurance (including financial audit), tax, consulting and advisory services to companies.

Big Four accounting firms

Big FourBig 4Big Five
The then Big Eight, now Big Four, accounting firms (PricewaterhouseCoopers; KPMG; Ernst & Young; Deloitte Touche Tohmatsu) had always offered advice in addition to their traditional services, but after the late 1980s these activities became increasingly important in relation to the maturing market of accounting and auditing.
The Big Four (Deloitte, Ernst & Young (EY), KPMG and PricewaterhouseCoopers (PwC)) are the four biggest professional services networks in the world, offering audit, assurance services, taxation, management consulting, advisory, actuarial, corporate finance and legal services.

PRTM

In 2013, Deloitte acquired Monitor Group—now Monitor Deloitte—while PwC acquired PRTM in 2011 and Booz & Company in 2013—now Strategy&.
PRTM is a management consulting subsidiary of PwC.

Deloitte

Deloitte & ToucheDeloitte and ToucheTouche Ross
The then Big Eight, now Big Four, accounting firms (PricewaterhouseCoopers; KPMG; Ernst & Young; Deloitte Touche Tohmatsu) had always offered advice in addition to their traditional services, but after the late 1980s these activities became increasingly important in relation to the maturing market of accounting and auditing.
Deloitte has been ranked number one by market share in consulting by Gartner, and for the fourth consecutive year, Kennedy Consulting Research and Advisory ranks Deloitte number one in both global consulting and management consulting based on aggregate revenue.

Roland Berger (company)

Roland BergerRoland Berger Strategy ConsultantsRoland Berger Consulting
From 2010 to 2013, several Big Four firms have tried to acquire Roland Berger.
Roland Berger is a global strategy consulting firm headquartered in Munich, with 50 offices in 36 countries.

Management

managermanagersadministration
Management consulting grew with the rise of management, as a unique field of study.
In 1912 Yoichi Ueno introduced Taylorism to Japan and became the first management consultant of the "Japanese-management style".

PricewaterhouseCoopers

PwCPrice WaterhouseCoopers & Lybrand
The then Big Eight, now Big Four, accounting firms (PricewaterhouseCoopers; KPMG; Ernst & Young; Deloitte Touche Tohmatsu) had always offered advice in addition to their traditional services, but after the late 1980s these activities became increasingly important in relation to the maturing market of accounting and auditing.
Advisory (33%) – Advisory services offered by PwC include two actuarial consultancy departments; Actuarial and Insurance Management Solutions (AIMS) and a sub branch of "Human Resource Services" (HRS). Actuarial covers mainly 5 areas: pensions, life insurance, non-life insurance, health, and investments. AIMS deals with life and non-life insurance and investments, while HRS deals mainly with pensions and group health. PwC has also expanded into the digital media and advertising space.

Booz Allen Hamilton

Booz AllenBooz Allen & HamiltonBooz-Allen
In 1988, the newly elected Greiner State Government commissioned a report into the State Rail Authority by Booz Allen Hamilton.
Booz Allen Hamilton Inc. (informally Booz Allen) is an American management and information technology consulting firm, headquartered in McLean, Virginia, in Greater Washington, D.C., with 80 other offices around the globe.

Strategy&

Booz & CompanyBOOZ and CompanyBooz Allen Hamilton
In 2013, Deloitte acquired Monitor Group—now Monitor Deloitte—while PwC acquired PRTM in 2011 and Booz & Company in 2013—now Strategy&.
This theory developed into a new profession — management consulting — and the firm that would bear his name.

National Support Teams

The UK has also experimented with providing longer-term use of management consultancy techniques provided internally, particularly to the high-demand consultancy arenas of local government and the National Health Service; the Local Government Association's Improvement and Development Agency and the public health National Support Teams; both generated positive feedback at cost levels considered a fraction of what external commercial consultancy input would have incurred.
Consultancy and support services were provided free of charge to public-sector clients including local authorities and National Health Service Trusts.

Marvin Bower

Marvin Bower, McKinsey's long-term director, has mentioned the benefits of a consultant's externality, that they have varied experience outside the client company.
According to the Harvard Business School, Bower "is considered the father of modern management consulting."

Freelancer

freelancefreelance writerfreelance journalist
In more recent times, traditional management consulting firms have had to face increasing challenges from disruptive online marketplaces that are aiming to cater to the increasing number of freelance management consulting professionals.
This raises questions about the common practice of consulting, because a company would typically hire a management consulting firm or self-employed consultant to address business-specific needs that are not "outside the usual course of business of the employer."

Certified management consultant

Certified Management Consultant (CMC)CMC
An international qualification for a management consulting practitioner is Certified Management Consultant (CMC).
"Certified Management Consultant" (CMC) is an international professional certification established in 1967 for management consulting professionals, awarded by institutes in 50 countries (as of February 2014).

House of Lies

Nathan for You and House of Lies - television programs parodying management consulting
It follows a group of management consultants who stop at nothing to get business deals done.

Nathan for You

Nathan for You and House of Lies - television programs parodying management consulting
In the series, Fielder plays an off-kilter version of himself, who tries to use his business background and life experiences to help struggling companies and people, frequently offering them outlandish strategies, parodying the methods of marketing and management consultants.

Monitor Deloitte

Monitor GroupMonitorThe Monitor Group
In 2013, Deloitte acquired Monitor Group—now Monitor Deloitte—while PwC acquired PRTM in 2011 and Booz & Company in 2013—now Strategy&.

Case interview

case
Case interview
Case interviews are mostly used in hiring for management consulting jobs.

Strategic management

business strategycorporate strategystrategy
Strategic management
Management consultants Tom Peters and Robert H. Waterman had used the term in their 1982 book In Search of Excellence: Lessons From America's Best-Run Companies.

Management fad

management philosophymanagement conceptmanagement concepts
Management consultants are sometimes criticized for the overuse of buzzwords, reliance on and propagation of management fads, and a failure to develop plans that are executable by the client.
Management consulting: Criticism section

Big Three (management consultancies)

Big ThreeMBBMBB - Big Three (management consultancies)
Big Three (management consultancies)
Management consultant