Top Management Consulting Companies in Australia

The Management Consulting industry in Australia is a dynamic and rapidly growing sector that provides a range of services to businesses across various industries. This industry involves advising businesses on a variety of management issues, including strategy, operations, finance, marketing, and human resources. In this article, we will explore key statistics, growth factors, trends, challenges, and future outlooks for the Management Consulting industry in Australia.

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CompanyHeadcountContactDescriptionDecision Maker
LYCOPODIUM956 +61 8 6210 5222
industrialprocess@lycopodium.com

Lycopodium is an Australian headquartered engineering and project management consultancy which provides a complete range of services for the evaluation, development, implementation and optimisation of projects across a broad range of industries. As its primary objective, Lycopodium focuses on consistently achieving clients’ aims across all project measures including performance, costs and schedule, HSE and within the community. The Lycopodium business model is based on providing superior quality services to clients by delivering studies, engineering, projects and maintenance advice that are fit for purpose and that exceed established acceptance criteria. Listed on the Australian Stock Exchange in 2004, Lycopodium has grown organically and by strategic acquisition, both of which have provided an expanding client base and access to new market sectors. Subsidiaries: • Lycopodium Minerals • Lycopodium Infrastructure • Lycopodium Process Industries • Orway Mineral Consult…

DIALOG INFORMATION TECHNOLOGY829 +61 7 3247 1000
opendialog@dialog.com.au

Dialog Information Technology is one of Australias leading technology services organisations trading nationally from offices in Brisbane, Sydney, Melbourne, Canberra, Perth, Darwin and Adelaide, Established in 1979, Dialog has delivered innovative solutions to clients across all industries including all levels of government. Dialog employs over 1,200 information technology specialists. Dialog’s subsidiary companies include ICEMEDIA, one of Australia’s leading and most innovative multimedia companies and AccessHQ, which employs over 300 professional testing specialists and serves major government and corporate clients in high value, long term business relationships. Catapult BI is Australias leading business insights and data management consultancy.

ELABOR8, A CPRIME COMPANY132 +61 1300 352 278
contact@elabor8.com

Elabor8 is a management consultancy with a difference. We help businesses adapt and move through our focus on people, teams and organisational agility. Elabor8 is now a Cprime Company. https://www.cprime.com/

SEVEN CONSULTING141 +61 3 9617 8200
info@sevenconsulting.com

We are a team of delivery professionals providing Project and Program management consultancy services. Our clients primarily engage us to take responsibility for program delivery and/or program office management. We also provide related services such as external program reviews or delivery capability uplift. Our track record is consistently over 98% customer satisfaction. Our clients trust us. Our first clients are still trusting us with their most important projects and programs. For more on Seven Consulting, please go to: www.sevenconsulting.com

EXPERT360137 +61 1300 482 671
support@expert360.com

Mobilise your dream team with Expert360. Expert360 is Australia & New Zealands #1 Skilled Talent Network, where you can engage carefully hand-picked talent that plugs seamlessly into your team, goals, mission and culture, helping you strategically scale your team. Organisations work with us in three ways: 1. Marketplace: Rapidly hire from our network of 42,000+ Experts, and get a shortlist in under 48 hours. Our track record is exceptional, with a 98% success rate. 2. Engage: Your partner for delivery, governance, & uplift. We help de-risk, govern, build, uplift, scale and manage your delivery organisations, programmes and projects, powered by our Experts, unique IP, and tooling. 3. Contingent Workforce: Reduce costs, improve resourcing speed, and gain workforce visibility with our bespoke contingent workforce solution.

LOGISTICS BUREAU | SUPPLY CHAIN & LOGISTICS CONSULTANTS60 +65 3158 7029
robyrne@logisticsbureau.com

We help Senior Executives boost Supply Chain and Business performance. Helping…is what we do. For Organisations and Senior Executives wanting to drive improved customer service, whilst also driving down costs, you have come to the right place! Logistics Bureau is recognised as one of the industry leaders for Supply Chain and Logistics consulting. We focus purely on Management Consulting support (not software sales) in the fields of Supply Chain and Logistics, and are represented in Sydney, Melbourne, Brisbane, Perth, Auckland, Bangkok, Ho Chi Minh City and the Philippines. We have over 1,800 client assignments completed, in 25 countries and across most industries, mostly with Brand Names you would instantly recognise. So there really isn’t much that we cannot help you with when it comes to Supply Chain and Logistics. Logistics Bureau is a privately owned specialist management consulting company focused on the field of Supply Chain and Logistics. Yes, we’ve been helping our cli…

WT (AUSTRALIA & NEW ZEALAND)453 +61 7 3839 8777
careers@wtpartnership.com.au

At WT, partnerships underpin the relationships with our clients - it defines the way we work with each other. This has been the case right through our history as award-winning international property, project and cost management consultants. Our expertise covers the building, construction and infrastructure sectors, as well as the management of facilities and the provision of advisory services. Our clients’ goals are our goals. We understand that there is no such thing as a standard project. We tailor solutions to meet each client’s needs and objectives. Not just in Australia and the United Kingdom. You’ll find us in Europe, Asia, India, North America, Central America and the Pacific, providing consultancy services for public and private sector clients. When you work with us, the collective thinking of 1,750 of the profession’s best people are on tap. That makes us one of the world’s leading international cost consultancy firms. But we’re not only large, we’re also fiercely independ…

MINETEK103 +61 1300 963 801
sales@minetek.com

Minetek are global industry leaders for providing innovative and cost-effective air, water & sound solutions for the mining, oil & gas and industrial sectors. Mineteks services are utilised worldwide, with our team and network based in Australia, North America, South America, Africa and Europe. Minetek has successfully delivered over 2800 projects worldwide; in more than 60 countries. With over 150 years combined experience, Minetek specialise in the engineering, design, manufacture and implementation of conventional and advanced solutions.

OMNI EXECUTIVE PTY LTD155 +61 2 6162 0954
aerospace@omniexe.com

• Our core business is to provide niche security, intelligence and training solutions. • We work in partnership with our clients to deliver the outcomes they need. • Our strength is a highly skilled and diverse team that delivers global expertise to clients. We provide high value, high trust national security and intelligence solutions to a wide range of Australian government and corporate clients. Our team of around 200 staff are highly experienced and maintain a strong security culture. Omni Executive was established in 2012 as a management consultancy delivering niche strategic services to the Department of Defence. Since then, we have rapidly expanded into aerospace development, training and security, vetting and specialist professional services. Our high calibre leadership team comprises experienced operations and intelligence specialists, veterans, and former senior Australian Federal Police officers. Omni Executive’s constantly growing team includes a wide range of professi…

CALLIDA CONSULTING132 +61 2 6162 3339
info@callida.com.au

Callida Consulting are a Canberra-based consulting firm, dedicated to our people and the provision of professional services across a range of service offerings. Our purpose is to nurture and enable our people so that our families, communities, and country thrive. Our focus is to develop a genuine understanding of our clients by providing professional, pragmatic, and practical consulting services through our capability areas. At Callida, we are a people-first firm that collectively works toward a common goal resulting in consistency and excellence in the service we provide. While supporting individuality and flexibility for our staff, our people-first approach also prioritises the high-quality performance of the team. Our consultants span a wide range of disciplines from: > Assurance & Risk > Business Systems Improvement > CFO Advisory > Costing & Pricing > ICT and Digital > Policy & Programs > Program & Project Management >…

SPP69 +61 3 9669 6900
info@spp.com.au

Strategic Project Partners (SPP) is a high impact management consulting firm. With offices in Melbourne and Sydney, we work with Senior Executives to solve for difficult strategic and operational challenges. Our experienced and highly skilled team has strong capabilities in problem solving and project management at top tier consulting firms. We work across many sectors, with major practices in Education, Government, Financial Services, Infrastructure and Major Projects, Branded Goods, Retail, Manufacturing, Sports, Media & Entertainment, NFP and Data Analytics. We have subject matter expertise and a specific capability in end-to-end business development including identifying strategic options, developing innovative solutions, establishing commercial deals with suppliers, channel partners and distributors, and delivering an operational outcome.

MBB GROUP112 +61 1300 059 660
enquiries@mbbgroup.com.au

MBB Group is a leading independent consultancy firm, specialising in the provision of advisory, commercial and delivery management services, across the infrastructure, energy, resources and social sectors. We have an experienced team of advisory, project management, technical management and commercial management professionals working across multiple sectors. We provide expert advice to both Government and private sector clients, under all contracting models and across the whole project lifecycle.

EY PORT JACKSON PARTNERS90 +61 2 9221 2222
info@eyportjacksonpartners.com

EY Port Jackson Partners is a leading Australian strategy consulting practice trusted by CEOs, Boards and senior leaders to advise on the most critical challenges facing their business or government. Working in small, experienced teams we provide practical, insightful advice to help our clients: • Set corporate direction • Define business strategies • Resolve important commercial issues • Shape organisations The issues we work on are as diverse as our clients’ businesses and circumstances which creates an exciting and stimulating work environment. Our solutions are data-driven and idea intensive, transforming performance and enhancing value. The impact of our work sees us build and maintain ongoing relationships with our clients who cross a wide range of industry sectors.

BENDELTA97 +61 3 9629 6288
info@bendelta.com

Hello! We are Australia’s most awarded leadership and organisational design management consultancy - transforming individuals, teams and organisations to unlock human potential and deliver meaningful change. Our vision is 1 Million 1 Billion. We aim to directly help 1 million people unleash more of their potential so they can cascade positive impact to a further 1 billion people. We hire people who are smart, client-centric, results-focused and kind. As strategists, psychologists and learning pioneers, we apply scientific principles and proven methods to create sustainable transformation. Our recent award wins include: • Winner, HRD 5 Star Employer of Choice Award 2022 • Winner, Australia’s Best Employer of Choice, Australian HR Awards. • Top 10, AFR/BOSS Australia’s Most Innovative Professional Services Firms - last two years running Winner, Brandon Hall Gold Award for Leadership Development • Winner, Australian Workplace Excellence Award for Organisational Change

AUSTRALIAN HEALTHCARE ASSOCIATES99 +61 1300 186 711
aha@ahaconsulting.com.au

AHA is a high-performance management consultancy built specifically to help Federal and State Governments achieve their health and human services goals. We are nimble and innovative, and we have invested significantly in technology solutions. Our hand-picked staff include the top-tier of Australia’s consultants, technicians and support personnel who together bring an unmatched level of expertise to each engagement. Trust is the building block of government relationships and AHA’s superior resources ensure that complex, time-sensitive government projects are safely delivered on-time and within budget. Now in our 25th year, we are currently entrusted with the administration of major long-term government initiatives of national importance. Our work includes policy and program development, evaluation and review, research and analysis, outsourced program administration and a variety of other support and advisory services. Our core strength lies in our large, talented team – AHA has more…

VERSOR51 +61 3 9924 3000
contact@versor.com.au

Versor exists to enable our customers to unlock the value of their data. We work with enterprise organisations and government to find, interrogate and help solve the most complex data problems across Australia, New Zealand and Asia. We utilise ResultsNow® which is a proven Data Analytics & AI methodology, framework and cloud toolkit to accelerate the delivery of business value for our customers. ResultsNow® was designed by experts who have ‘walked the walk’ in senior operational roles, and have successfully delivered 100’s of Data Analytics initiatives. We enable our customers to be successful through an integrated end-to-end capability across management consulting, industry experience, technical excellence and change management to support adoption of new solutions. In a competitive market, we have an exceptional track record for delivering what we have committed to. Our Consultants understand it is through engagement, awareness and communication with an organisations team member…

STATE OF MATTER46 +61 3 9448 2364
info@sofm.com.au

State of Matter was established in 2016 to be a different kind of consulting company. One that solved important problems and stood for something. We exist to help the challengers and upstarts in their industries harness the physics of transformation, to win bigger and faster than they ever imagined. We are consultants and technologists who work with you to supercharge your transformation and achieve your next State of Matter. State of Matter is a proud member of Cordence Worldwide, the global consulting partnership. About Cordence Worldwide A constantly changing world means our clients need to be ready to rise to new challenges to stay one step ahead. They require entrepreneurial, connected thinking and agility to help take them further. Cordence Worldwide is a global network of truly connected consultancy firms with the ability to think and deliver together. We unify firms with shared values and diverse specialized experience from across the globe, using expert perspectives to…

IPS MANAGEMENT CONSULTANTS65 +61 8 9721 7057
info@ipsau.com.au

IPS delivers innovative and focused consulting services across Australia. #ipsau

PARBERY64 +61 2 5100 2461
admin@parbery.com.au

Parbery is a local, Canberra-based management consulting firm. We have been working in and around the Commonwealth Government for decades and we get what makes Government tick, having worked with both large agencies, including the Department of Finance, the Department of Defence, the Department of Immigration and Border Protection, the Australian Taxation Office, and numerous other small government agencies. Parbery has worked across a variety of subject matters, including on Defence projects, ICT projects, strategy development, business improvement and assurance, and delivering change and transformation activities. Our consulting approach is down to earth, where we consider ‘substance over form’ to provide you with a pragmatic solution to help you achieve your strategic business goals. Collaboration is the core belief of our business. We join your team and leverage your knowledge and expertise to provide you with the services you require. We won’t prepare a product in…

STANNARDS66 +61 3 9867 5118
kayla.jones@stannards.com.au

Stannards is a boutique advisory firm to business owners and high net worth families. Our clients like the fact that we understand their business needs and the industry that they are operating in. Our staff make a commitment to our clients that they will be clients for life. We hope all of our clients will become trusted advocates of the firm. We are experiencing strong growth. This is a reflection of the high quality people we have employed and also a diverse client base who are expanding and succeeding in their chosen industries. We are certainly very proud of our clients.

Top Management Consulting Companies in Australia

Key Statistics

According to IBISWorld, the Management Consulting industry in Australia has an estimated revenue of $26.9 billion in 2022, with an annual growth rate of 3.8%. The industry employs approximately 179,932 people, with an average annual wage of $119,928. The top four players in the industry are McKinsey & Company, PwC, Deloitte, and KPMG, accounting for a combined market share of 30.3%.

Factors Contributing to Growth and Success

The Management Consulting industry in Australia has been experiencing growth due to a range of factors. One of the primary factors is the increasing complexity of business operations, which has led to a greater need for specialized expertise and advice. As businesses face new challenges, such as technological disruptions and changing market conditions, they require management consultants to help them navigate these challenges and develop effective strategies.

Another factor contributing to the growth of the Management Consulting industry in Australia is the government's emphasis on innovation and productivity. The Australian government has been actively promoting innovation and productivity through various initiatives, such as the National Innovation and Science Agenda, which aims to boost innovation and productivity across various industries.

Industry Growth and Comparison to Previous Years

The Management Consulting industry in Australia has been growing steadily over the past few years, with an average annual growth rate of 3.4% from 2017 to 2022. This growth has been driven by increased demand for consulting services across various industries, such as healthcare, finance, and technology.

Key Trends

The Management Consulting industry in Australia is experiencing several key trends that are shaping its growth and success. One of the trends is the increasing use of technology in consulting services. Management consultants are leveraging technology to improve their services, such as using artificial intelligence and machine learning to provide data-driven insights and improve decision-making processes.

Another key trend is the growing importance of sustainability and corporate social responsibility. As businesses face increasing pressure to operate in a sustainable and socially responsible manner, management consultants are being called upon to help develop strategies and initiatives that align with these values.

Challenges

Despite the positive outlook for the Management Consulting industry, there are also several challenges that must be addressed. One major challenge is the increasing competition from in-house consulting teams. Many companies are choosing to develop their own internal consulting teams rather than hiring external consultants. This can be a cost-effective solution, but it also puts pressure on external consulting firms to prove their value and differentiate themselves from in-house teams.

Another challenge is the growing demand for specialized expertise in niche areas. As companies become more focused on specific industries or technologies, they require consultants with specialized knowledge in these areas. This puts pressure on consulting firms to either develop this expertise in-house or partner with specialists to meet the needs of their clients.

One of the primary challenges facing the Management Consulting industry in Australia is competition from in-house consulting teams. Many businesses are developing their own in-house consulting teams to save costs and improve the quality of consulting services. This has led to increased competition for management consulting firms, who need to differentiate themselves and provide unique value to clients.

Another challenge facing the industry is the increasing pressure to deliver results quickly. Clients are demanding faster turnaround times for consulting services, which can put pressure on consulting firms to deliver quality work in a short period of time.

Future Outlook

The Management Consulting industry in Australia is expected to continue to grow in the coming years, driven by the increasing complexity of business operations and the need for specialized expertise. As technology continues to advance, there will be new opportunities for management consultants to provide innovative solutions and improve their services.

However, the industry will also face challenges, such as competition from in-house consulting teams and the need to deliver results quickly. Management consulting firms will need to differentiate themselves and provide unique value to clients to stay competitive in this fast-evolving industry.

Overall, the Management Consulting industry in Australia is a vibrant and dynamic sector that is poised for continued growth in the coming years. By staying ahead of key trends, addressing challenges, and leveraging technology, management consulting firms can provide value to clients and thrive in this competitive industry.

Another trend in the Management Consulting industry is the increasing demand for digital transformation consulting. With the rise of technology and digitalization across all industries, companies are looking for guidance on how to adapt and integrate digital tools and strategies into their operations. Management consultants with expertise in digital transformation are therefore in high demand, as they can provide valuable insights and recommendations on how to implement technology to improve efficiency and drive growth.

Conclusion

Overall, the Management Consulting industry in Australia is expected to continue to grow in the coming years, driven by a range of factors, including digital transformation, the growing need for specialized expertise, and the increased adoption of data analytics. However, consulting firms will need to stay agile and adapt to changing client demands in order to stay competitive. As the industry continues to evolve, we can expect to see a greater emphasis on the use of technology and data analytics, as well as increased collaboration between consulting firms and other industry specialists.

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By Melissa Goh
Published on 10 May 2023