America’s Best Management Consulting Firms
2021
EDITED BY Samantha Todd
MARCH 16, 2021
ne year after the Covid-19 pandemic upended the business
world, the role of management consultants, responsible for
guiding organizations through disruption, is more important than ever before. While the industry was not immune to the economic effects of the crisis—its market size shrinking 8% to $236.2 billion in 2020, according to IBISWorld—it’s on the rebound, expected to grow 2.3% to $241.6 billion this year. Now, the challenge for companies becomes identifying those consultancies best equipped to help them navigate the transformation ahead.
Forbes has partnered with market research company Statista to simplify this process by producing our annual ranking of America’s best management consulting firms. The list, compiled by surveying more than 7,500 partners and executives of management consultancies, as well as 1,000-plus senior executives who worked with such firms over the last four years, is divided into 16 sectors—from aerospace and defense to financial institutions—and 16 functional areas—including strategy, sustainability and digital transformation. The 230 firms that received the most recommendations are ranked according to star ratings: five stars for “very frequently recommended,” four stars for “frequently recommended” and three stars for “recommended.”
For the full story and methodology, click here.
O
CHRIS GASH FOR FORBES
