The changing dynamics of the global economy have put every business at an increased risk of financial difficulties. Moreover, the recession and unstable job market make it risky for new business owners to execute their ideas. However, there are ways to prevent the early demise of your venture. Additionally, there are ways to ensure that your business remains prosperous. Both of these factors require business consultancy services. Hence, business consultants are in demand. As more and more people move towards business consultancy services, becoming a business consultant is a viable career.
What is a business consultancy, and how can you become a consultant?
Business consultancy entails dissecting, analyzing, evaluating, perfecting, and priming your business for the best results. Moreover, business consultancy covers a business’s financial, legal, administrative, and technical aspects. Business owners can guarantee their businesses’ longevity and survival through business consultancy services. The biggest consulting firms in the world manage some of the most successful companies. To become a business consultant, you will need a bachelor’s degree in business or a related field. Once you have the necessary qualifications, you can choose to become one of the following consultants:
- Strategy Consultant
- Management consultant
- Operations consultant
- Financial advisory consultant
- Human Resource Consultant
- IT consultant
Business consultancy firms that are ruling the world of consultancy
It’s time to learn about the biggest consulting firms in the world. Please note that this is a short list, and many more consultancy firms provide excellent business consultancy. However, some of the mega consultancy firms are as follows:
McKinsey & Company – This is a world-renowned management consultancy firm. McKinsey & company has its headquarters in New York City and has 127 offices globally. Moreover, this consultancy giant employs over 27,000 people and is a billion-dollar company!
Deloitte – Deloitte Consulting LLP, like McKinsey, has its headquarters in New York City. They provide services for audit, tax, management consulting, financial advisory, risk advisory, and legal troubles. Moreover, they have over 100 offices globally and are operational in China, Hong Kong, and India, to name a few places.
Bain & Company – This is yet another mega name in management consultancy. Moreover, they have a presence in 59 locations worldwide and employ over 8,000 people.
Booz Allen Hamilton – This is a management and information technology consulting firm. This company is the brainchild of three partners, Edwin G. Booz, James L. Allen, and Carl L. Hamilton. The company has an employee network of 22,000 and counting.
Accenture – Accenture has its main office in Dublin, Ireland. The company is renowned for strategy, consulting, digital, technology, and operations services. Formerly, Accenture was known as Anderson Consulting. This company is in more than 200 cities globally and employs 459,000 people.
The abovementioned companies are some of the biggest consulting firms in the world. Moreover, if you wish to become a consultant, these companies should be on the top of your wish list.