Top Management Consulting Companies in Thailand

The Management Consulting Industry in Thailand has experienced significant growth, driven by the nation's expanding economy and the increasing need for effective business strategies and guidance. This article provides an in-depth analysis of the industry, discussing key statistics from 2022, factors contributing to its growth and success, government initiatives, comparisons to previous years, technological disruptions, challenges, and future outlook.

read full article below
Filter bySearch by company name, registration number or domain name
CompanyHeadcountContactDescriptionDecision Maker
AYP GROUP166 +65 6384 3808

AYP Group is an award-winning provider of tech-enabled HR solutions, currently accelerating the growth of mid-sized to large businesses across Asia Pacific. Our passion is to help our clients simplify and automate their HR transformation journey through Professional Employer Organisation (PEO) services, Payroll Outsourcing Management (POM) and JuzTalent, a cloud-based HRIS software.We partner with businesses to manage employee benefits, payroll, compliance and risks with our simple-to-use, swift and smart solutions. We help our clients improve their productivity levels as they grow and expand a remote and hybrid workforce.AYP Group has helped more than 500,000 employees maximise productivity with JuzTalent. Through a regionally connected network of HR experts, we help our clients in finance, healthcare, manufacturing and education sectors expand in Asia Pacific with ease and speed.AYP Group has received industry recognition such as the Gold Winner for Best in HR and Tech in 2019.

BAIN & COMPANY21,514 +60 3-2725 2500

Bain & Company is a global consultancy that helps the world’s most ambitious change makers define the future. Across 65 cities in 40 countries, we work alongside our clients as one team with a shared ambition to achieve extraordinary results, outperform the competition, and redefine industries. We complement our tailored, integrated expertise with a vibrant ecosystem of digital innovators to deliver better, faster, and more enduring outcomes. Our 10-year commitment to invest more than $1 billion in pro bono services brings our talent, expertise, and insight to organizations tackling today’s urgent challenges in education, racial equity, social justice, economic development, and the environment. We earned a platinum rating from EcoVadis, the leading platform for environmental, social, and ethical performance ratings for global supply chains, putting us in the top 1% of all companies. Since our founding in 1973, we have measured our success by the success of our clients, and we proudly maintain the highest level of client

BTS7,453 +61 2 8243 0900

BTS is a global professional services firm headquartered in Stockholm, Sweden, with over 1,200 professionals in 36 offices located on six continents. For more than 30 years, BTS has helped the world’s leading companies turn strategy into results. Together, with our clients, we create powerful experiences that have a profound and lasting impact on businesses and their people. BTS believes success comes from people understanding how their daily work impacts business results, so BTS provides the skills, tools, and knowledge people need to take the right action at the right moment. BTS has expertise in behavior change and cares deeply about both delivering results for clients, ensuring that people do the best work of their lives. Engagements range from embedded multi-year transformation projects to brief, targeted capability development. It’s strategy made personal.BTS’s services include:• Strategy execution and business transformation• Leader readiness and development• Go to market• Talent selection and successionBTS’s areas of expertise include:• Strategy execution• Business acumen• Leadership development• Leadership coaching• Executive coaching• Assessment• Change and transformation• Executive and team performance• Innovation and digital transformation• Sales and marketing• Diversity, equity, and inclusion• Digital servicesWe’ve partnered with over 1,200 organizations, including over 40 of the world’s 100 largest global corporations. Our major clients are some of the most respected names in business: Microsoft, SAP, AT&T, Chevron, Coca-Cola, Unilever, Citigroup, Salesforce, and Tencent.BTS is a public company listed on the Nasdaq Stockholm and trades under the symbol BTS B.For more information, please visit www.bts.com.

CONTROL RISKS2,692 +65 6227 2038

Control Risks exists to make our clients succeed. We are a specialist risk consultancy that helps to create secure, compliant and resilient organisations in an age of ever-changing risk.Working across disciplines, technologies and geographies, everything we do is based on our belief that taking risks is essential to our clients’ success. We provide you with the insight to focus resources and ensure you are prepared to resolve the issues and crises that occur in any ambitious global organisation.We go beyond problem-solving and give you the insight and intelligence you need to realise opportunities and grow. From the boardroom to the remotest location, we have developed an unparalleled ability to bring order to chaos and reassurance to anxiety.

DELOITTE DIGITAL9,656 +65 6224 8288

Deloitte Digital combines consulting + creativity to solve new problems with new ideas and unlock growth across the entire customer experience. More than a decade ago, Deloitte Digital created a new model for a new age: an agency + a consultancy. By combining leading digital and creative capabilities with the deep industry knowledge and experience Deloitte is known for, we have helped clients tackle their biggest challenges. New problems are arriving faster than ever before, and we’re using creativity as our solution to forge a path forward and power modern business transformation.

DELOITTE434,056 +65 6224 8288

Deloitte drives progress. Our firms around the world help clients become leaders wherever they choose to compete. Deloitte invests in outstanding people of diverse talents and backgrounds and empowers them to achieve more than they could elsewhere. Our work combines advice with action and integrity. We believe that when our clients and society are stronger, so are we. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities. DTTL (also referred to as “Deloitte Global”) and each of its member firms are legally separate and independent entities. DTTL does not provide services to clients. Please see www.deloitte.com/about to learn more.The content on this page contains general information only, and none of Deloitte Touche Tohmatsu Limited, its member firms, or their related entities (collectively the “Deloitte Network”) is, by means of this publication, rendering professional advice or services. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional adviser. No entity in the Deloitte Network shall be responsible for any loss whatsoever sustained by any person who relies on content from this page.

DELOITTE CONSULTING2,778 +61 3 9671 7370

Deloitte è tra le più grandi realtà nei servizi professionali alle imprese in Italia, dove è presente da circa 100 anni. I nostri servizi sono offerti da diverse società e studi specializzati in singole aree professionali e tra loro separati e indipendenti, ma tutti parte del network Deloitte. I nostri circa 11.000 professionisti assistono gli oltre 8.000 clienti del network a raggiungere l’eccellenza grazie all’alta qualità del servizio offerto, al nostro approccio multidisciplinare e alla presenza capillare sul territorio nazionale.

FROST & SULLIVAN2,403 +65 6890 0948

For over six decades, Frost & Sullivan has guided the world’s top companies toward transformational growth journeys that result in a stream of innovative growth opportunities. Frost’s Growth Pipeline as a Service (GPaaS) value proposition allows customers to maximize their economic potential, navigate emerging megatrends, and shape a future based on sustainable growth.

RPS6,154 +65 6808 5675

Founded in 1970, RPS is a leading global professional services firm of 5,000 consultants and service providers. Operating in 125 countries, working across six continents we define, design and manage projects that create shared value to a complex, urbanising and resource-scarce world.We work across six sectors: property, energy, transport, water, resources, defence and government services. Our services span twelve clusters: project and program management; design and development; water services; environment; advisory and management consulting; exploration and development; planning and approvals; health, safety and risk; oceans and coastal; laboratories; training and communication and creative services.We stand out for our clients by using deep expertise to solve problems that matter, making them easy to understand and by being easy to work with.

FTI CONSULTING8,709 +61 2 8247 8099

FTI Consulting is a global business advisory firm dedicated to helping organizations manage change, mitigate risk and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional. With more than 7,600 employees located in 31 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges and make the most of opportunities. Services: AntitrustBusiness Transformation & StrategyCybersecurityData & AnalyticsDispute Advisory & International ArbitrationE-Discovery & Managed ReviewESG & Sustainability Information Governance, Privacy & SecurityInvestigations & MonitorshipsManaged ServicesPolicy & RegulationRisk & ComplianceStrategic CommunicationsTransactionsTurnaround & Restructuring Valuation & DamagesIndustries:Aerospace & DefenseAgricultureAutomotive & IndustrialConstructionEnergy, Power & ProductsEnvironmental Financial ServicesHealthcare & Life SciencesHospitality, Gaming & LeisureInsuranceMiningPrivate EquityPublic Sector & Government ContractsReal EstateRetail & Consumer ProductsTelecom, Media & TechnologyTransportation & Logistics

GEAR INC.1,247 +84 24 3972 8621

Gear Inc. is an American-owned and operated Game Development Studio and BPO Service Provider with offices around Southeast Asia and expanding globally. We are a global software company with a main focus on Game Development, Quality Assurance, and Image & Content Moderation. This Silicon Valley-owned company has its offices in Vietnam, the US, Indonesia, Thailand, and India. With outsourcing on a constant rise, and Southeast Asia holding all the major accolades, Vietnam has been hailed as one of the strongest concentrations of quality and cost-effective software development.Gear Inc. proudly tops this list with a global portfolio of clients in its subsections: - Alley Labs - https://www.alleylabs.com/ - Game Development for Mobile; - Pure Moderation - https://www.puremoderation.com/ - Brand Moderation for Image & Video, Social Listening, and Customer Support; - Testing Hero - https://www.testinghero.com/ - both manual and automated Quality Assurance for software development with global certifications.We hire exceptionally creative and talented people from all over the globe that bring experience and international standards to the table, and that’s just the start!Commitment to our people is our real strength and the key to success.Company size: 6,000+ employeesFor more information, please visit our: - Website: https://www.gearinc.com/ - Facebook fan page: https://www.facebook.com/GearIncTeam/Gear Inc. - Where Work Is Play!

DELOITTE CONSULTING0 +61 3 9671 7370

If you’re ready to innovate and transform your business, Deloitte can help you imagine, deliver, and run your future, wherever you compete, using the latest technologies, from strategy development through implementation. Because impact isn’t created alone. Together we can make history.

OUTSOURCED468 +63 2 8548 8238

Outsourced is a leading ISO certified Philippines staff outsourcing company providing dedicated quality remote staff and offshore staffing services. We specialise in providing professional staff of the highest quality who will continue to exceed your expectations and provide premium offshore solutions to your business. 10+ years business experience200+ clients worldwide600+ employees60+ support staffWith Outsourced you can scale your organisation quickly, easily and cost effectively with dedicated remote staff based in our world-class offices in the Philippines.Our superior recruitment process has been paramount to our offshore staffing success and how we’ve become a leading Philippines Staff Outsourcing provider. Our focus towards the passive candidate allows us to supply quality offshore staffing resources within the top 5% of talent in the Philippines. Start your Outsourced team in the Philippines and save up to 75% compared to hiring locally. Contact Outsourced today.

SYNPULSE1,217 +65 3163 5500

Synpulse is an international management consulting and technology company, and valued partner of many of the world’s largest financial services providers.

TSA MANAGEMENT678 +61 2 9276 1400

We are a group of people who manage, consult and partner with industry professionals to radically improve public and private utilities and infrastructure through projects both big and small. Sometimes we help build, other times we advise. We always collaborate for an outcome with a positive impact.

AMS7,853 +65 3158 9905

We are AMS. We are a talent solutions businessWorking with clients across the globe, we have learnt what it takes to build a high performing employer. It starts with talent; sourcing, selecting and keeping the right people in the right jobs. To do this well, you need unmatched expertise in digital innovation, and a deep understanding of the complex needs of the talent you are seeking to engage - whether that talent is external to your business or already inside it.Taking a holistic approach to the HR value chain and to attracting and retaining a world class workforce enables business success. 10,000+ experts, across 120+ countries, speaking more than 50 languages, delivering projects for the world’s most admired companies.We are AMS. This is what we do. Talent is our world.

THE ADECCO GROUP22,713 +65 800 279 6315

We believe in people and their place in the world of work. Everything we do as a company reflects our desire to continually evolve the concept of work for today and tomorrow. We pride ourselves on our ability to deliver a wide range of multi-disciplinary solutions across all sectors and areas of employment. We deliver people solutions on a local and international level, shaping the future of work and the global employment landscape. Our solutions are trusted worldwide and provide a global conscience in human resources. We believe that where work is allowed to thrive, economies grow, and societies prosper. We therefore see it as our duty to provide decision-makers with insight and recommendations, organisations with people and infrastructure, and ultimately, individuals with opportunities. We believe that we’re in a unique position to help organisations navigate change. Our global perspective gives us the data and insight needed to advise and comment on the status and future of the world’s labour markets. Our role is to stand alongside businesses worldwide to empower, enlighten and inspire them to embrace the future.

JACOBS66,039 +65 1800 828 1120

We deliver impactful global solutions to create a more connected, sustainable world — from intelligence to infrastructure, cybersecurity tospace exploration. Our more than 60,000 employees across 50 countries work every day, challenging the expectations of today to reinvent the way we’ll all live tomorrow.

BECA4,093 +65 6225 6937

Creative people together transforming the world is our vision. It reflects our culture, our aspirations and our purpose - to make everyday better. We are diverse enough to bring a wide range of perspectives, skills and disciplines to every client and every challenge. Were also a team that understands the power of working together to bring resourceful, smart solutions from our collective experience and insights. And this holds true whether we’re working on a small library for a local community or a multi-site expansion programme for a global food and beverage giant. We have more than 3,700 employees in 24 offices around the world. While our experience has been over 100 years in the making, it is the fresh talent were nurturing, the innovative thinking were developing and the connections that were forging that get us most excited for the future.

EMATIC SOLUTIONS211 +65 8314 0509

We are a Marketing and Technology Consultancy on a mission to help brands in Asia scale their digital growth with right tech solutions.Our team consists of 220+ Martech enthusiasts (and growing!), who believe making effective Martech investment should be made easy. Thats why we build our expertise in all aspects of Martech - from strategy planning, vendor selection, integration to performance optimization, to help our clients along the journey.We have served more than 300 clients spanning across different industries and business stages in 11 markets - Singapore, Malaysia, Taiwan, Hong Kong, China, Indonesia, Malaysia, Thailand, Philippines, Vietnam, Bosnia and UK.Whether you are looking for a solution for your marketing and technology problem, or are interested in joining us, lets come have a chat!𝗦𝗘𝗥𝗩𝗜𝗖𝗘𝗦⊹ E-commerce⊹ Analytics⊹ Content Marketing⊹ Performance Marketing (Digital ads)⊹ SEO⊹ CRM⊹ CRO (conversion rate optimization)

Top Management Consulting Companies in Thailand

Key Statistics from 2022: GDP and Employment

In 2022, Thailand's GDP reached $546.6 billion, showcasing a 3.8% growth compared to the previous year. The Management Consulting Industry contributed approximately 1.1% to the GDP, with a market size of around $6.01 billion. This figure reflects the industry's increasing importance in the Thai economy.

Employment in the Management Consulting Industry exceeded 100,000 professionals in 2022. This figure represents a 6.2% increase compared to 2021, highlighting the industry's growing significance in terms of job creation and career opportunities.

Factors Contributing to Growth and Success

Several factors have contributed to the growth and success of the Management Consulting Industry in Thailand:

Economic Growth:

As Thailand's economy continues to expand, businesses and organizations require effective management strategies and guidance to navigate the competitive landscape and ensure sustainable growth.

Globalization:

The increasing integration of the Thai economy into the global market has created a demand for management consulting services that can help businesses adapt to the complexities of international trade and investment.

Digital Transformation:

The widespread adoption of digital technologies has increased the need for management consulting professionals who can help businesses leverage these technologies to drive efficiency and innovation.

Government Initiatives:

The Thai government's efforts to promote economic development and support SMEs have indirectly fostered the demand for management consulting services.

Economic Development Policies:

The government's "Thailand 4.0" economic model and various industry-focused development policies have encouraged businesses to seek professional guidance and expertise to capitalize on new growth opportunities.

Support for SMEs:

The Thai government has implemented various initiatives to support small and medium-sized enterprises (SMEs), indirectly fostering the demand for management consulting services as these businesses seek to navigate the competitive market and develop effective growth strategies.

Education and Training:

The government has invested in education and training programs aimed at developing a skilled workforce in the management consulting sector, ensuring a steady supply of talent for the industry.

Industry Growth and Comparison to Previous Years

The Management Consulting Industry in Thailand has experienced consistent growth over the past five years, with a compound annual growth rate (CAGR) of approximately 7.1% from 2018 to 2022. This growth rate outpaces the overall economy's growth rate, indicating the increasing significance of management consulting services in Thailand's economic development.

Key Trends: Technological Disruptions

Technological advancements have had a significant impact on the Management Consulting Industry, including:

Data analytics and artificial intelligence (AI):

The increasing availability of data and the development of AI-driven technologies have revolutionized the management consulting process by providing data-driven insights to inform strategic decision-making.

Remote work and collaboration:

Digital technologies have enabled management consultants to work remotely and collaborate with clients and colleagues across the globe, increasing access to a diverse range of talent and expertise.

Automation and process optimization:

The adoption of advanced automation technologies and process optimization tools has allowed management consultants to streamline their operations and provide more efficient and effective services to clients.

Challenges

Despite the growth and success of the Management Consulting Industry in Thailand, there are several challenges that need to be addressed to ensure its continued growth and success:

Talent development:

There is a need to invest in education and training programs to equip management consulting professionals with the necessary skills to adapt to the changing industry landscape and embrace new technologies.

Competition:

The industry faces intense competition from both local and international consulting firms, as well as from non-traditional competitors such as technology companies offering consulting services. This competition requires management consulting firms to constantly innovate and differentiate themselves to attract clients.

Adapting to changing client needs:

The evolving business landscape and increasing complexity of client needs require management consulting firms to continually update their service offerings and develop new capabilities to stay relevant and competitive.

Data security and privacy:

The increasing use of digital technologies in the consulting process raises concerns related to data security and privacy. Management consulting professionals must adhere to strict security protocols and best practices to protect sensitive client information.

Future Outlook

The Management Consulting Industry in Thailand is expected to continue its growth trajectory, driven by the nation's economic development, globalization, and increasing demand for strategic guidance and expertise. However, the industry must address the challenges posed by technological disruptions and shifting client expectations to ensure its long-term success.

Conclusion

In conclusion, the Management Consulting Industry in Thailand has witnessed significant growth in recent years, driven by the country's economic expansion, globalization, and government initiatives. Technological disruptions have both presented opportunities and posed challenges for the industry. By addressing these challenges and embracing technological advancements, the Management Consulting Industry in Thailand is well-positioned to continue its growth and play a critical role in the nation's economic development.

undefined's picture
By Melissa Goh
Published on 30 May 2023