To help business leaders choose from the wide range of consultancies, Forbes partnered with Statista to produce its seventh annual list of America’s Best Management Consulting Firms.
. This installment was compiled by surveying 7,500 partners and executives of management consultancies, as well as roughly 1,300 senior executives who worked with such firms over the last four years. The list is divided into 16 sectors—from aerospace and defense to financial institutions—and 16 functional areas—including strategy, sustainability and digital transformation.
“Our clients are making the biggest investments they’ve made in a generation to transform their businesses,” Helfrich says. “In nearly every other era, there have been a few industries that have seen high growth and high demand, and a few others that have been more moderate. In the last year, every industry has seen this demand, and the opportunity to positively change the trajectory of individual companies and governments and society has never been higher.
“Most consultancies are chasing down Fortune 500s, but right below that is a really underserved market,” he says. “There’s no reason why companies that are smaller in size shouldn’t have access to expert advisory capabilities.” “Clients have realized that some of those enabling functions and back-office areas have been the least invested in of the areas of their company in the last decade,” Helfrich says. “There’s been more activity in those spaces than there’s been in a long time.”
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