Research consultants conduct specialized and specific research on behalf of a client and produce a final analysis of key findings. They are usually experts in a given field, sometimes scientists, who can provide reports in areas where full-time company staff cannot. Consultants can gather information by interviewing clients and industry experts. They can collect information from customers by organizing focus groups or conducting surveys.
Consultants also conduct secondary research, reading market and industry reports. They can also request data from their customers for analysis. Research consultants conduct and carry out studies on topics in their specialized fields. They collect and analyze reference materials, design research programs, conduct in-depth research, and create reports on their findings. They can also supervise other research work and advise on research projects to ensure that quality standards and deadlines are met.
In addition, consultants can focus on getting the right answer and developing the right recommendations for business problems without worrying about company policies. In addition, some consultants allow consultants to stay in town for the weekend or travel to another city instead of flying back home. The largest technology and IT consultant is Accenture, although they also carry out other types of consulting. This allows other consultants to consult this work to help with future consulting projects in the same industry or on a similar topic.
The top management consulting firms are McKinsey, BCG and Bain, which are known collectively as MBB or Big Three Consulting. For example, Clearview Health Partners, ZS Associates, Huron Consulting Group, and Putnam Associates focus on consulting in life sciences.