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Separating the Firms

Economic Consulting

Economic Consultants use principles of applied economics, econometrics, economic impact analysis and forecasting to provide advisory to public and private firms. Some major economic consulting firms:

  • ABT Associates

  • NERA

  • Bates White Economic Consulting

  • Cornerstone Research

Management Consulting

Management consultants provide their clients advise on the overall management and operation of the firm. This may include providing advisory on a new venture, merger or acquisition etc. This is the most general type of consulting and strives to provide its clients options for “best practice.” Usually management consulting firms have divisions that focus on strategy development to provide innovative and disruptive solutions to their clients. Some major management consulting firms:

  • Accenture

  • Bain and Company

  • Boston Consulting Group

  • McKinsey and Company

  • PwC

  • Deloitte Consulting

Life Sciences and Healthcare Consulting

Healthcare consultants are management consultants who specialize their practice in the healthcare industry. They usually provide government organizations, hospitals, health insurance companies and pharmaceutical companies advice on the most efficient and effective way for delivering healthcare. Some major healthcare consulting firms:

  • LEK Consulting

  • Putnam Associates

  • Pricespective

  • Clearview

  • Nuventra

Information Technology Consulting

IT consultants provide advisory on best practices that effectively utilize the latest and most efficient technology in the client’s business operations. Some major IT consulting firms:

  • Clarkson Consulting

  • Booz Allen Hamilton

  • Atos

  • DXC

  • Unisys

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