Primarily by providing strategy consulting and leadership development. Back Bay Life Science Advisors Ranked Among Top Five Best Boutique Consulting Firms Nationwide. 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. In fact, it serves more than 80% of the worlds largest 100 financial institutions and in 2021 it reported $2.5 billion in annual revenue. FTI Consulting Life science consulting & investment banking | Back Bay Life Science AdvisorsAbout. ClearView works with its clients to create actionable strategic insight into product planning, pricing & and market analysis, and marketing strategy. Global consulting firm Huron Consulting pledges to deliver sustainable, long-lasting results to its clients, providing deep expertise in advisory services covering technology, strategy, operations, and analytics to drive results in industries such as higher education, healthcare, commerce, and life sciences. In just about every city you look at you can find boutique consulting firms. Since 1926 when James O. McKinsey, a University of Chicago professor, opened a consulting office in Chicago, the firm has provided strategic advice to corporations and other organizations. In 2021, Putnam received numerous top honors, including being ranked by Vault as the #1 Consulting Firm for Health and Wellness. For information pertaining to content permissions, please refer to The Consulting Reports award usage regulations. 13. Because your small firm may not take on as many different types of projects, your learning opportunities may be more limited. 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. While the firm offers a wide range of consulting services, it is best known for its work within banking and financial services. Functioning as an expansive network of member firms, EYs 700 worldwide offices employ over 300,000 team members in more than 150 countries. In 2019 and 2020, Gartner stated that Deloitte was the No. 12. From the firms outset, it has specialized in and set the operational standard for steering fact-based strategy and implementation. 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. Services for these companies includes market opportunity evaluations, portfolio prioritization, analytical services, and product development strategies. Bain has received many awards and accolades, including being named to the top three of Glassdoors 2022 Best Places to Work list. Its clients include more than 200 government organizations across 47 states and territories, the U.S. Department of Health and Human Services, the U.S. Department of Labor, and large municipal governments. Bain & Company It has also been the recipient of numerous awards and recognitions, including being named one of Modern Healthcares Best Places to Work 2021 and Best in KLAS in four different categories in 2022: Healthcare Management Consulting, Digital Transformation Consulting, HIT Advisory Services, and Financial Improvement Consulting. Syneos Health First originated as The Parthenon Group, LLC in 1991 by William "Bill" Achtmeyer and John C. Rutherford, two former Bain & Company directors, it eventually merged with professional services firm Ernst & Young to create the entity EY-Parthenon. ZS Associates was founded in 1983 by two professors at Northwestern University who developed sales force alignment models using the worlds first personal-computer-aided territory mapping system. Since being founded in 1983 by three Bain & Company partners James Lawrence, Iain Evans, and Richard Koch L.E.K. The goals of Darby on project include reducing project backlog for clients, accelerating project completion, and reducing cost by time management. Crowe uses its deep industry expertise to provide audit services to public and private entities. Its hard to find something at which this star of professional advising is less than excellent, from business strategy and data analytics to risk assessment and enterprise technology, with the firms AI Institute being a standout in the world of artificial intelligence research and development. Headquarters: Menlo Park and San Ramon, CA. 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. 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. Over the years, CSG has attracted many of the most respected senior experts in the government programs they serve. Top Boutique Consulting Firms Putnam Associates - Boston Massachusetts Putnam Associates is a specialist firm serving primarily in the healthcare sector. McKinsey & Company. The firms banner Technology Solution Delivery capability is how it enables people and processes via strength of technology. A complete listing of our offerings can be found under the Services tab. 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. Insigniams belief is that culture fuels strategy. Marsh knows that managing risk in today's environment is complex. Headquarters: Boston, MA. As experts in technology integration, RPS develops and delivers solutions that use the right technologies, tools, and processes to help with a single training element or a comprehensive, enterprise-wide program. Heres our list of the top 10 boutique consulting firms in the US for you to check out. Since 2018, Cognizant has also been at the forefront of using blockchain technologies to facilitate secure data sharing between companies. Kenway Consulting With offices in Atlanta, Chicago, and Los Angeles, its small, experienced teams create value for clients through growth strategy, operational improvement, financial restructuring, and acquisition integration. Publicis Sapient In 2021, Keystone was recognized as a top consulting firm to work for in Vault's 2021 Consulting Firm Rankings. It was named the #13 Best Consulting Firm, #4 Best Boutique Consulting Firm, and #1 for Best Firm Culture. Feb 1, 2023. . It has more than 60 offices in Europe, North America, the Middle East, and Asia-Pacific and employs over 5,000 professionals. Feb 1, 2023. 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. EVERSANA MANAGEMENT CONSULTING is among the top 40 boutique consulting firms across the U.S, according to the annual list. It is the nations leading healthcare advisory firm and has an unparalleled breadth of capabilities and depth of experience. Headquartered in Menlo Park and San Ramon, California, Protiviti boasts a clientele that includes over 60% of Fortune 1000 and 35% of Fortune Global 500 companies. PricewaterhouseCoopers (PwC) is a behemoth in the world of accounting and consulting services. However, your work/life balance will usually be more enjoyable working for a boutique consulting firm. 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. Founded in 1965, CRA offers economic, financial, and strategic expertise to major law firms, corporations, accounting firms, and governments around the world. With active partner engagement, Keystones teams develop and implement recommendations to address its clients most complex business challenges. The firms clients include a broad range of operating companies in the life sciences, from medical device and pharmaceutical companies to investors in the life sciences fields. Headquarters: New York, NY. Whether massive global firms or small boutiques, clients rely on these firms for revenue growth, operational improvements, human capital management, and digital transformation, among many other services. I rejected T2/T3 offer. Grant Thornton LLP is one of Americas largest audit, tax and consulting firms. Ignyte is a boutique firm that specializes in management and digital experience consulting. Putnam has strong leadership and empowers its consultants to operate and succeed. 49. 45. #10 in firm leadership. The Chartis Group consists of more than 550 talented professionals across four offices in Boston, Chicago, New York, and San Francisco with the experience and capabilities required to transform healthcare. Headquarters: Chicago, IL. The firms founders, Tony Alvarez II and Bryan Marsal, have led the firm in a fact-driven and action-oriented manner, sharing duties as co-Chief Executive Officers and working to help clients turn areas of stagnation into growth to achieve sustainable results. Founded in 1982 as Forensic Technologies International, Ltd, FTI operates in just under 30 countries with an employee base of more than 6,200. There are many reasons to consider joining a boutique, including work/life balance, firm culture, local staffing, and the ability to specialize. ClearView works exclusively in the life sciences industry. The gender gap in the healthcare industry has always been a looming indicator of societal inequalities for women in the workplace. Founded in 1983, Alvarez & Marsal (A&M) is a global professional services firm notable for its work in turnaround management and performance improvement of several large, high-profile businesses both in the U.S. and abroad. 8. This boutique firm strives to provide key insights and resources to help its clients overcome challenges, and accelerate business growth. 9. Headquarters: New York, NY. List of Top Life Science Consulting Firms: 100+ to Apply to Last Updated January, 2022 10,820 Views If you have a background in healthcare, pharma, or the life sciences and an interest in bringing new healthcare solutions into the world, life science consulting could be the right career path for you. If we had to choose a "one-stop-shop" category, this would be it. Back Bay Life Science Gallery . Our list of the top 10 boutique consulting firms in the US were some we wanted to highlight, but there are many world class firms that would categorize themselves as boutique. Headquarters: Washington, D.C. FTI Consulting, headquartered in Washington, D.C., is counted among the largest financial consulting firms in the world, typically ranking highly in consulting firm industry listings. 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 Among other awards, they were recognized in the 2021 Vault Consulting 50 list of top employers. The firms commitment to client relationships is only matched by a commitment to its people. Headquarters: Chicago, IL. The Consulting Report. Serving more than 50% of the S&P 500, corporate recovery specialist Kroll, LLC is no stranger to receiving honors for being one of the top consulting firms in the world. Please join us in celebrating The Top 50 Consulting Firms of 2022. 30. This includes the 2018 acquisition of Kroll, which was used in the firm's renaming process that was completed in 2022. 8. By the latest reckonings, Tata Consultancy Services (TCS) is the largest and most valuable IT services provider in the world. Bain & Company is a global management consulting firm headquartered in Boston, Massachusetts, and with 63 offices in 38 countries around the world. Headquartered in New York City, Mercer exudes a large global presence, with more than 25,000 employees operating in more than 130 countries. The consulting firm opened its first international office in London in 1959 and has expanded steadily since. That's why the globally acclaimed multinational firm provides data driven risk advisory services and insurance solutions to its clients. Feb 8, 2023. Bates White Economic Consulting The firm categorizes its consulting methodology into four areas: reveal, unhook, invent, and implement. In addition, Back Bay Life Science Advisors earned notable rankings among boutique consulting firms, including: #5 in client interaction. DayBlink works with clients across multiple platforms, including early stage startups, allowing employees a unique opportunity to work with and develop companies from the beginning. Regardless of location or rank, our consultants are down to earth, approachable, and have a shared passion for doing innovative client work that provides clear benefits to the organizations we work with in both the short and long term. It provides services to 420 out of 500 Fortune 500 companies, making it the second largest professional services firm in the world. With headquarters in McLean, Virginia in the Greater Washington, D.C. area and 80 other global offices, Booz Allen is made of approximately 29,200 engineers, scientists, software developers, technologists, and consultants. Now, more than 50 years into its history, Capgemini boasts more than 270,000 employees in dozens of countries. The following year, L.E.K. The feel and atmosphere of a boutique consulting firm will also be quite different then working for a firm such as McKinsey, Deloitte, or BCG. This means there is room for career growth and development in the firm. The services DayBlink provides include cybersecurity, finance effectiveness, performance improvement, and automation implementation. Initially an in-house tech unit for data analytics firm Dun & Bradstreet, Cognizant has achieved remarkable growth over the past decades, rising to the top 200 of the Fortune 500 list last year. With over 1,400 employees and 21 offices worldwide, the firm brings in roughly $500 million in annual revenue. This includes IT project & portfolio management, systems design, and software/hardware deployment. Since the firms founding just after the turn of the century, it has provided guidance for more than 450 health systems, hospitals, and academic medical centers as well as approximately 400 colleges, universities, and research institutions and over 125 life sciences organizations. 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. ZS has been awarded for its firm culture by Consulting magazine several years in a row and was chosen by Forbes magazine as one of Americas best management and consulting firms in 2019. 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 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. Headquarters: Evanston, IL. 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. In a world changing faster than ever in nearly every respect, from technologically to culturally, consulting firms serve as an indispensable partner for any organization navigating its path to success. This includes strategy development for biopharmaceutical, biotechnology, diagnostics, and related fields. The EY rebranding campaign of 2013 solidified what had been an informal moniker. Grant Thornton LLP Equipped with an expertise in human behavior, he and his early colleagues went on to advise private. Some of its clients have included the Department of the Treasury, Department of Justice, NASA, and more. Huron, which was founded in Chicago, Illinois 20 years ago, has just under 4,000 employees across 25 locations in North America, Europe, and Asia-Pacific. 25. 47. Headquarters: Waltham, MA. It is often the first firm mentioned when industry experts discuss the Big Four accounting firms, keeping competitive pace with its rivals Deloitte, KPMG, and PwC. Headquarters: New York, NY. Among the firms many awards, Booz Allen is a three-time honoree of the Worlds Most Ethical Companies award from the Ethisphere Institute. CohnReznicks history of social advocacy has helped strengthen housing policies and paved the way for emerging industries like cannabis. Founded in 1999 by Charles Bates and Halbert White, the firm currently has one office in Washington, D.C., with nearly 300 employees. Since 1991, the firm has been working side-by-side with clients, fostering long-term relationships and delivering tangible, sustainable results. The firm has held a leadership position in community investment for more than 35 years and a 15-year commitment to the cleantech and renewable energy industries. 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. And Technology, a latent source of boosted revenue for the firm, provides specialized software to manage ediscovery risks. 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. The firm prides itself on its creative and energetic staff, cutting-edge technology and research, and its work with academic and industry experts. Stax was founded in Boston in 1994 and currently boasts more than 180 professionals in offices in Boston, Chicago, New York, and Colombo, Sri Lanka. As an industry leader in business consulting, outsourcing, and information technology solutions, Cognizant has long been hailed for its results and resilience. Headquartered in New York City, the firm now has nearly 5,000 employees across 30 countries and territories. Headquarters: Boston, MA. 42. Headquarters: Arlington, VA. Willis Towers Watson Public Limited Company is a British-American multinational risk management, insurance brokerage, and advisory firm with roots dating back to 1828. Founded in 1963 by Bruce Henderson, BCG partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. It has been ranked in the top 10 in Vault's Consulting 50 multiple times, and in Consulting magazine's Best Firms to Work For. The acquisition valued Kroll at just north of $4 billion. But usually, they're around 20%-40% less than MBB per month. The firm has received many awards for its workplace equality, global culture, and environmental records, including the Human Rights Campaign Award for Workplace Equality Innovation. 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. The "doing what is right" credo permeates its firm culture, leading Kenway to continually be included in the top ranks of best companies for work-life balance listings. 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. Cornerstone Research provides economic and financial analysis and expert testimony to attorneys, corporations, and government agencies involved in complex litigation and regulatory proceedings. The firm is a preferred thought partner to the worlds most highly valued corporations, PE firms, and government entities, guiding them in turning their most difficult obstacles into extraordinary growth and productivity opportunities. Sometimes these firms will focus on a specific industry, such as economic consulting or healthcare consulting. The firm also offers guidance and support to organizations as they navigate the changes transforming their industries and businesses. Top 10 Pharma and Life Science Consulting/Service Companies - 2021 : Once an industry that was slow to adopt technology, the pharma and life sciences sector is now witnessing a massive revamp as it rides the tide of digital tr . Headquarters: Boston, MA. The firm offers tailored solutions to a broad range of publicly- and privately-held organizations across a wide range of industries, government agencies, financial institutions, and civic and religious organizations. Bridgespan was founded by Thomas Tierney, formerly Managing Director of Bain & Company; Harvard Business School professor Jeffrey Bradach; and Paul Carttar, formerly a Vice President at Bain & Company. 46. Now based in New York City, much of the firm's success stems from its unique culture of hard work and zealous employees. 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. Bench Wing is a management consulting firm focused on improving the performance of life science brands and companies. 40. 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. Kearney consistently ranks high on a variety of lists for both the consulting industry and the wider business world. Included in its wide range of expertise are achievements in the fields of AI, cybersecurity, cloud infrastructure development, and business operations. Putnam focuses solely on the life science industries, allowing us to provide unparalleled depth, experience and insight into our client's most . The award is given for outstanding papers on corporate finance published in the Journal of Finance. About 25% of its work comes from clients in Europe and Asia and 40% has a major international component. 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. 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. Back Bay Life Science Advisors. Booz Allen Hamilton The firm and its subsidiaries also help clients make decisions that lead to lasting value with its tax, advisory, and consulting services. TPG hires consultants with backgrounds in industrial engineering, commerce, and general business. Headquarters: Washington, D.C. Headquarters: Chicago, IL. Cornerstone boasts a workforce of more than 700 professionals across eight offices in the United States and United Kingdom. While this years awardees offer their services across a wide variety of sectors and geographies, and often have very different methods of approaching the problems they solve, what they do have in common is the ability to produce results for their clients. Headquarters: San Francisco, CA. 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. 41. The firm was founded in 1886 and formally incorporated in 1909 by Arthur Dehon Little, a scientist instrumental in developing chemical engineering at the Massachusetts Institute of Technology (MIT). 20. With more than 800 risk, claims, safety, and industry-specific specialists in more than 40 countries around the globe, Marsh is primarily concerned with representing commercial interests searching for insurance coverage. Large logistics companies . 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. The firm has experienced professionals in almost 20 industry groups who consult on nearly every aspect of business, from finance and technology to operations and compliance as well as risk mitigation, mergers and acquisitions, strategy, cybersecurity and workforce management. This years awardees comprise some of the most trusted and influential professional services firms in the world. EY Parthenon 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. Headquarters: New York, NY. Furthermore, the RPS segment provides tailored solutions for customers commercial, government, and military who are not just based in the U.S., but rather located across the globe. Over the years, the organization has received substantial support from Bain, with whom it has maintained a close relationship. BCG is driven by more than 25,000 employees across 90-plus offices in over 50 countries and regions. This year, IBM teamed up with the USTA to deliver all-new, all-virtual signature experiences for the U.S. Open, leveraging both IBM Watson and IBM Cloud. Along with Deloitte, EY, and KPMG, PwC is recognized for being one of the Big Four accounting firms. It is known for its strong client focus, an emphasis on teamwork, unwavering integrity, mutual respect, and a constant striving for excellence. The Brattle Group They teach foundational skills to succeed both at ClearView and beyond. 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. While L.E.K. The Keystone Group. With nearly 300,000 employees working from home since March 2020, Cognizant continues to expand its reputation for quality digital solutions and workplace innovation, with particular focus on its Work Ahead AI action and research initiative. 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.". Founded in 1973, Bain is one of the Big Three management consultancies (along with McKinsey & Co. and Boston Consulting Group). 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. Headquarters: Chicago, IL. 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