From Wikipedia, the free encyclopedia
The world's three largest strategy consulting firms
MBB Logos:
M cKinsey ,
B CG ,
B ain
The Big Three or MBB is the name colloquially given to the three large strategy
consulting firms . They are considered to be the most prestigious firms in the
management consulting industry.
[1] In terms of employees,
McKinsey & Company is the largest and leads by revenue. McKinsey is followed by
Boston Consulting Group and
Bain & Company , respectively.
The firms
The three consulting firms widely regarded as constituting the Big Three or MBB are
McKinsey & Company ,
Boston Consulting Group , and
Bain & Company .
These three firms are among the world's largest strategy
consulting firms by
revenue . Their latest publicly available data is summarized in the table below:
[2]
McKinsey & Company
This firm was founded in
Chicago by
James O. McKinsey in 1926. The firm has grown significantly since then, establishing 104 offices located in 60 countries as of 2014.
[12] McKinsey & Company has been voted number one in "The Best Consulting Firms: Prestige" list of the Vault.com career intelligence website consecutively for 14 years since 2002.
[13]
[14] The firm currently serves two-thirds of the
Fortune 1000 . Their areas of expertise include
management ,
organization ,
operations and
IT .
[15]
Boston Consulting Group
BCG was founded in 1963 by
Bruce D. Henderson , a former
Arthur D. Little consultant and a
Vanderbilt University and
Harvard Business School alumnus.
[16] Starting out with only two consultants, the firm quickly grew. As of 2021, it employs 25,000 people in over 90 offices in more than 50 countries.
[17]
[18]
BCG also has been consistently featured in Consulting magazine's "Best Firms to Work For" lists since 2001.
[19] Their areas of expertise include
corporate development , business growth and
innovation .
[20]
Bain & Company
Bain was founded by
Bill Bain in 1973 after leaving BCG. The firm pioneered
private equity consulting and the fund
Bain Capital was founded by partners from Bain & Company and led by
Mitt Romney . It currently has 65 offices in 40 countries.
[21] Their areas of expertise include
private equity ,
mergers and acquisitions and
retail .
[22]
Bridgespan , a non-profit consultancy, was spun out of Bain in the early 2000s by three former Bain employees.
[23] The firm has been ranked multiple times as one of the "Best Places to Work" by
Glassdoor , and has placed in the top five for the last decade.
[24]
See also
References
^ Szczerba, Marta (March 5, 2014).
"The Big Three: meet the world's top consulting firms" . No. 72. The Gateway. Archived from
the original on September 4, 2014. Retrieved October 18, 2014 .
^ Chin, Eric.
"The MBS Trio In Management Consulting" . beatoncapital.com . Archived from
the original on October 22, 2014. Retrieved October 18, 2014 .
^ M/s Outlook Publishing (India) Private Limited (February 21, 2023).
"Layoffs 2023: McKinsey Layoffs To Knock 2,000 Jobs As Company Plans Its Biggest Job Cuts, Report" . Outlookbusiness.com . Retrieved April 12, 2024 .
^
"Bob Sternfels re-elected global managing partner of McKinsey & Company" . McKinsey & Company . February 1, 2024. Retrieved April 12, 2024 .
^
a
b
"McKinsey fact sheet" (PDF) . December 11, 2019.
Archived from the original on June 4, 2021. Retrieved April 12, 2024 .
^
"Boston Consulting Group Continues Sustained Growth as Firm Marks 60th Anniversary" . BCG Global . Retrieved May 30, 2023 .
^
"Boston Consulting Group Continues Sustained Growth as Firm Marks 60th Anniversary" . BCG Global . April 5, 2023. Retrieved May 30, 2023 .
^
"BCG Worldwide" . Boston Consulting Group . Retrieved July 29, 2022 .
^
"Bain & Company mobilizes its global talent, strategic expertise and partnerships with leading social innovators to tackle economic, educational and environmental challenges" . Bain .
Archived from the original on June 8, 2021. Retrieved June 8, 2021 .
^ Zarzalejos, A. (February 14, 2022).
"Bain cierra su mejor año en España con el tirón del M&A" . Expansión (in Spanish). Retrieved July 29, 2021 .
^
"Global Offices" . Bain & Company, Inc . Retrieved July 29, 2022 .
^
"McKinsey & Co History" . Archived from
the original on October 17, 2014. Retrieved October 18, 2014 .
^
"The Best Consulting Firms: Prestige" . vault.com .
Archived from the original on October 26, 2014. Retrieved October 18, 2014 .
^ Greiner, Larry; Olson, Thomas (June 25, 2004). Contemporary consultant casebook: educating today's consultants . Thomson/South-Western. p. 68.
ISBN
978-0-324-29019-6 .
^
"McKinsey Client Expertise" . mckinsey.com . Archived from
the original on October 24, 2014. Retrieved October 18, 2014 .
^ Hayes, Thomas C. (July 24, 1992).
"Bruce Henderson, 77, Consultant And Writer on Business Strategy" . New York Times .
Archived from the original on August 23, 2010. Retrieved September 19, 2011 .
^
"Boston Consulting Group Posts Solid Growth in Challenged Global Economy" . bcg.com. Retrieved March 24, 2020 .
^
"About BCG" . bcg.com .
Archived from the original on November 9, 2021. Retrieved March 26, 2020 .
^
"Best Firms to Work For Ranking" . consultingmag.com.
Archived from the original on December 20, 2014. Retrieved October 18, 2014 .
^
"BCG Expertise" . bcg.com .
Archived from the original on January 5, 2022. Retrieved October 18, 2014 .
^
"Worldwide offices—Bain & Company" . Bain.com.
Archived from the original on January 25, 2017. Retrieved July 20, 2017 .
^
"Bain Worldwide Offices" . bain/com .
Archived from the original on October 16, 2014. Retrieved October 14, 2014 .
^ Kulish, Nicholas (November 15, 2021).
"The Consulting Firm Billionaires Turn to When They Give Away Money" . The New York Times .
ISSN
0362-4331 .
Archived from the original on January 31, 2022. Retrieved January 31, 2022 .
^
"Glassdoor - Best Places to Work" . Glassdoor .
Archived from the original on January 22, 2016. Retrieved January 31, 2022 .
Areas of expertise Others Lists