Management consulting has been a growing industry in the United States; since 2012 the number of management consultants increased every year, reaching almost 840,000 consultants in 2023.
Management consulting
Management consultants provide external advice to organizations on how they can improve their performance. The business areas which management consultants advise on can broadly be divided into three categories: operational improvements, business strategy, and staff development. Together, these three segments account for the majority of revenue generated by the consulting services industry worldwide The annual revenue growth of management consultancies has grown consistently over the last two years. Environmental consulting is sometimes also considered a form of management consulting; however, revenue generated from environmental consulting is considerably lower than revenue from other business areas.
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Bureau of Labor Statistics. (March 29, 2024). Number of management consultants employed in the United States from 2012 to 2023 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/419968/number-of-management-consultants-us/
Bureau of Labor Statistics. "Number of management consultants employed in the United States from 2012 to 2023." Chart. March 29, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/419968/number-of-management-consultants-us/
Bureau of Labor Statistics. (2024). Number of management consultants employed in the United States from 2012 to 2023. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/419968/number-of-management-consultants-us/
Bureau of Labor Statistics. "Number of Management Consultants Employed in The United States from 2012 to 2023." Statista, Statista Inc., 29 Mar 2024, https://www.statista.com/statistics/419968/number-of-management-consultants-us/
Bureau of Labor Statistics, Number of management consultants employed in the United States from 2012 to 2023 Statista, https://www.statista.com/statistics/419968/number-of-management-consultants-us/ (last visited November 22, 2024)
Number of management consultants employed in the United States from 2012 to 2023 [Graph], Bureau of Labor Statistics, March 29, 2024. [Online]. Available: https://www.statista.com/statistics/419968/number-of-management-consultants-us/