When it comes to making business decision – be it a merger, divestiture or even R&D allocation – more companies are turning to consulting companies to strategize. No wonder the US consultancy market grew 7.1%, to $58.72 billion in 2016, according to Forbes.
Given the crowded consultancy market with thousands of competing firms, Forbes partnered with market research company Statista to list and rank those firms by their areas of expertise. The list is divided into 16 sectors—from construction & infrastructure, to aerospace and defense to financial institutions, and also 16 functional areas, including strategy, sustainability and digital transformation.
To create the list, Statista surveyed 7,500 partners and executives of management consultancies, as well as 1,000 senior executives who had worked with such firms over the last four years. Respondents were asked to recommend consultancies across the sectors and functional areas. Statista then identified the firms with the highest number of recommendations. A total of 229 management consulting firms made the final ranking.
Here’s a slideshow on the top 10 consulting firms
in the construction & infrastructure sector.
3. McKinsey & Company
5. Kaiser Associates
6. Jacobs Consultancy
7. DXC Technology
9. Cornerstone Research
10. Boston Consulting Group