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The Strategy Consulting Industry: Firms, Trends & Compensation (2025)

StrategyU

In 2025, the world of strategy consulting continues to evolve rapidly. Driven by technological disruption, shifting market dynamics, and changing client needs, top consulting firms are reinventing the way they work and compete. Business Insider ).

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Exploring Consulting Frameworks: The Experience Curve

StrategyU

The Experience Curve is one of the most famous frameworks in consulting. It was developed in the 1960s by Boston Consulting Group (BCG), one of the biggest consulting companies in the world at the time. Value-added costs account for the cost of manufacturing, marketing, distribution, and administration.

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How Top-Tier Consultants at McKinsey, Bain, and BCG Really Solve Problems 

StrategyU

But, after nearly a decade of working in consulting and teaching consulting skills, I’ve come to believe that problem-solving is the most important skill. But what is problem-solving? Why is problem-solving at the core of consulting? It’s a fair question.

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How To Build A Culture Of Excellence In A Consulting Firm

StrategyU

But I didn’t appreciate how rare that was until working at consulting firms where I found it incredibly hard to do that same level of work. From working with many different organizations as a consultant, I’ve started to notice that the companies that are able to build a culture of excellence all have a few things in common.

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The Ultimate Guide To Becoming A Freelance Consultant: 25 Things I’ve Learned

StrategyU

In 2012, I was first exposed to the world of freelance strategy consultants while working for a-connect. For example, early in my career, I would tell people “I am trying to break into consulting.” Test out “I’m making the leap to become a freelance consultant.” If it doesn’t feel right, you may want to re-think your move.

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Famous Consulting Frameworks: The Rule of Three and Four – Bruce Henderson (1976)

StrategyU

In 1976 the founder of Boston Consulting Group, Bruce Henderson published a strategy memo with a bold claim : “ a stable competitive market never has more than three significant competitors, the largest of which has no more than four times the market share of the smallest.”. Do you have a toolkit for business problem solving?

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MECE: Real-World Examples

StrategyU

And does it even matter outside of consulting?” But even if I hadn’t gone on to work in consulting, I now know that MECE is a valuable tool for anyone who wants to think more clearly and solve problems more effectively. Check out this video for a deeper dive into MECE and other strategy consulting skills.