PRACTICE AREA RANKINGS
It isn’t part of the ranking, but that doesn’t mean it doesn’t matter. That’s what you could say about Vault Consulting 50’s assessment of how firms perform in various practice areas. To do this, Vault asks survey respondents to list up to three firms in each practice area where they work, with the caveat that they couldn’t vote for their own firm.
Among the 17 practices, McKinsey earned the highest percentage of votes in eight practice areas: Economics, Energy, Healthcare, Management, Operations, Pricing, Sales & Marketing, Retail, and Technology, Media, and Communications. Technically, this is a down year for McKinsey, which racked up the most votes in 10 areas last year, with BCG replacing them as the top firm for Environmental Sustainability and Strategy consulting.
Accenture also earned plenty of respect from consultants, holding the top spot for the areas of Data Analytics, IT Operations, and IT Strategy. The same is true of Deloitte Consulting, the top performer in Financial, Human Resources, and Public Sector consulting. As always, Lockheed Martin remained the big name for Defense consulting.
Data Analytics Consulting
1) Accenture
2) IBM Global Business Services
3) McKinsey & Company
Defense Consulting
1) Lockheed Martin Corporation (IT Consulting)
2) Northrop Grumman (IT Consulting)
3) Raytheon Professional Services
Economic Consulting
1) McKinsey & Company
2) Boston Consulting Group
3) Bain & Company
Energy Consulting
1) McKinsey & Company
2) Boston Consulting Group
3) Bain & Company
Environmental Sustainability Consulting
1) Boston Consulting Group
2) McKinsey & Company
3) Bain & Company
Financial Consulting
1) Deloitte Consulting LLP
2) Ernst & Young
3) McKinsey & Company
Health Care Consulting
1) McKinsey & Company
2) Boston Consulting Group
3) ZS Associates
Human Resources Consulting
1) Deloitte Consulting LLP
2) McKinsey & Company
3) Willis Towers Watson
IT Operations Consulting
1) Accenture
2) IBM Global Business Services
3) Deloitte Consulting
IT Strategy Consulting
1) Accenture
2) IBM Global Business Services
3) Deloitte Consulting
Management Consulting
1) McKinsey & Company
2) Boston Consulting Group
3) Bain & Company
Operations Consulting
1) McKinsey & Company
2) Boston Consulting Group
3) Deloitte Consulting
Pricing, Sales & Marketing Consulting
1) McKinsey & Company
2) Boston Consulting Group
3) Bain & Company
Public Sector Consulting
1) Deloitte Consulting LLP
2) Booz Allen Hamilton
3) Accenture
Retail Consulting
1) McKinsey & Company
2) Boston Consulting Group
3) Bain & Company
Strategy Consulting
1) Boston Consulting Group
2) McKinsey & Company
3) Bain & Company
Technology, Media & Telecommunications Consulting
1) McKinsey & Company
2) Boston Consulting Group
3) Accenture
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