10 Leading Consulting Firms in Singapore for Businesses
Due to its low corporation tax rates and location as a gateway to Southeast Asia, Singapore is a well-known international economic hub. Singapore has attracted some of the most outstanding business management consultants in the world thanks to numerous well-known global companies.
Consulting is one of the most sought-after services and careers in Singapore. The Major Four, Accenture, and the big three strategy consulting firms—McKinsey & Company, Boston Consulting Group, and Bain & Company—are the typical suspects that young professionals are keeping an eye on.
We have examined several companies that provide business consulting in Singapore and created a list of the top choices available.
We've provided a brief description of each of these top consulting firms in Singapore, along with some key points that distinguish them from other business consultancies in the city-state.
What are consulting firms, and how do they help businesses?
Consulting firms help businesses figure out issues preventing their business from moving forward. For instance, if there is a difficulty with increased supply chain costs or the requirement to flatten a complicated organizational structure.
To evolve and transform is another justification for hiring a Singapore business consultant. Adapting to new AI-powered software tools to gain a competitive edge or switching from expensive and time-consuming manual procedures to more cost-effective digital ones are a few examples of transitions that fall under this category.
The thing is, the executives of a corporation don't always know what they need. They realize they need a new strategy since their company is stagnant or falling. In this situation, they'll seek the assistance of business consultants to help them pinpoint problem areas and develop profitable strategies.
Evolution of consulting and consulting practices in the current modern era.
Like most other industries, the consulting industry is undergoing fast change due to digital transformation and other factors. Although not all of these changes are wholly advantageous, they are undoubtedly required given how our technology changes how we conduct business.
The finest consultancies are those that can quickly adapt to these new trends, including digital transformation, market competitiveness, recruiting new talent and
Performance-based billing models. The consultancies should accept them and utilize them to their fullest potential to shape future development.
How should corporates and entrepreneurs choose consulting companies?
It can be challenging to find the ideal consultant. It would be best if you had someone who can act on it, understands your business, has the necessary experience, and can provide the desired outcomes. Do not accept outmoded methods and outdated perspectives, even though there are still businesses out there that are defaming excellent experts.
By following these steps, you may identify the proper consultant more efficiently and reduce the chance of dealing with a bad one who will squander your time and money.
Be very explicit about your business goals, deadlines, and intended results when you first meet your potential consulting partner.
Be diligent: Pay close attention to whose agenda is dominating the discussion.
To ensure that there are no misunderstandings over what you mean, explain your terms to the consultant in the company's terminology.
Save your time and your consultants by being clear about your expectations and budget needs. Your consultant will provide you with a clear plan that will lead you to your target end effectively while staying within your budget.
Make sure you and your consultant communicate frequently.
List of all types of consulting firms in Singapore
Strategy consulting refers to consultants who work at the top of the consulting industry and concentrate on strategic issues such as corporate and organizational strategy, economic policy, public policy, and functional strategy.
Compared to their counterparts, strategy consultants typically have a different profile. Their primary emphasis is on analytical and quantitative skills.
McKinsey, B.C.G., and Bain are the big fishes in the market, along with them. There are Deloitte, Accenture, PwC and L.E.K., who also outperform in this niche.
While management consultants are usually referred to as business consultants or organizational advisers in practice, they are consultants who concentrate on a wide range of organizational issues, from strategy to other management-related topics.
All services that fall under strategy consulting, Operations consulting, and H.R. Consulting are together referred to as Management consulting. Along with the above-mentioned big firms, Oliver Wyman, EY, and KPMG can be counted as the best Management consulting firms.
There are other consulting firms in Singapore such as Corporate and Business Strategy, Business Transformation consulting, Digital Transformation Consulting, Corporate Finance and Strategy, Digital Technology Consulting, People Strategy; Manufacturing Consulting, Supply Chain and Warehousing Consulting; Sales and Marketing Consulting, Risk Management and Compliances, Data Analytics and Science Consulting; small business consulting services; Startup Consulting; Customer Experience, Learning and Development.
What are the different types of consulting services?
There is a wide variety of consulting services that include I.T. consulting services where special attention is given to assisting clients with the creation and use of information technology (I.T.) within their organizations. The companies that are offering the best I.T. services worldwide are Deloitte, Strategy&, I.B.M. and Infosys.
However, Business transformation, change management, employment terms, learning & development, talent management, and retirement are among the key areas that H.R. consultants must be knowledgeable about. Mercer L.L.C., KPMG, McKinsey and Accenture are the big names who are the experts in the particular service.
Financial advisory consultants typically handle issues pertaining to an organization's financial capabilities as well as its analytical capabilities. The Financial Advisory also includes experts in forensic investigation and litigation support. Most financial consultants either work for big accounting and consulting organizations that also offer consulting services or for specialized advisory businesses.
Other consulting services in Singapore are: business consulting services, strategy consulting Services, digital marketing consultancy Services, marketing consulting Services; sales consulting Services; technology consulting Services; eCommerce consulting Services; project consulting Services; analytics consulting Services; operations consulting Services; cyber security consulting services; digital transformation consulting Services; supply chain consulting services, Customer Experience Consulting Services, Customer Service Consulting Services ;
Top 10 consulting companies in Singapore
Boston Consulting Company
The Boston Consulting Group (B.C.G.) was established in 1963 with the goal of assisting firms in gaining a competitive edge through change. The idea of growth via helping others grow serves as the foundation for this large business and management consultancy.
170 local, regional, and international consulting experts work in the B.C.G. Singapore office, which was established in 1995. This premier company providing Management consulting in Singapore has supported clients across a range of market sectors since its inception, aiding in the shaping of the regional economy.
Therefore, B.C.G. is one of the top companies to look for business consulting in Singapore, which has a strong team of consulting specialists in Management consulting, strategy consulting and operational service.
Bain & Company
Bain & Company is an international business consultant with 65+ offices in 40+ nations, including Singapore. In order to assist businesses throughout Southeast Asia, it launched an office in Singapore in 1993.
Leading social impact consulting firm Bain & Company Singapore also actively supports the neighborhood. This Company is distinctive in that its consultants are able to successfully guide clients through the region's diversity of cultures, languages, markets, and political systems.
Bain & Company Singapore has the depth to provide a comprehensive range of consulting services across numerous industrial sectors because it is an active contributor to the global consulting industry. This top business consultant in Singapore employs specialists who are knowledgeable in a wide range of corporate demands, from operations to sustainability. Some of the consulting services they offer are Strategy Consulting, Learning and development, Operations and Transformations.
F.T.I. Consulting
F.T.I. Consulting was established in 1982 as an independent, global business consultancy. 2010 saw the incorporation of F.T.I. Consulting Singapore. It collaborates with partner companies Compass Lexecon and Delta Partners and has its primary office in the A.X.A. Tower.
The Company offers comprehensive solutions to business problems and assists enterprises in identifying possibilities across a variety of operational sectors such as Corporate finance and restructuring, Data and Analytics, Disputes, Economic and Financial Consulting and Cybersecurity & Technology, making it one of Singapore's leading business and financial consulting firms.
F.T.I., one of Singapore's top consulting firms, even provides services in some areas of specialization that you would not find at other consulting firms. The Company, for instance, can help with difficult problems, including addressing disputes and overseeing export controls and sanctions.
McKinsey & Company
McKinsey & Company is a large multinational consulting firm with representation in 130 cities worldwide and a 90-year history that combines global experience with local insight. In order to assist businesses in improving performance and achieving transformative development, McKinsey & Company Singapore was established in 1998.
McKinsey has 8 offices in Southeast Asia that collaborate with businesses and government agencies, including its Singapore business consultants. The Company's team of professionals works with clients to improve their operations and performance while identifying lucrative prospects.
McKinsey & Company Singapore will be a great choice for financial service firms looking for the best financial consultant Singapore has to offer. The Company provides a wide range of financial industry-specific solutions to assist clients with completely integrated improvement and growth programs.
L.E.K. Consulting
A global business consulting firm with more than 1,600 employees in various fields of expertise, L.E.K. Consulting was established in 1983. For more than 20 years, the Company's Singapore office has provided enterprises in the ASEAN region with knowledgeable consultancy guidance.
English, Mandarin, Thai, Tagalog, Malay, and Bahasa Indonesia are just a few of the languages that this renowned Singaporean consultancy is proficient in. As a dependable partner for anyone wishing to grow their business in the Southeast Asian market, L.E.K. Singapore collaborates with some of the major businesses in the region.
One of L.E.K.'s disruption management services is to support firms in becoming flexible, well-equipped, and prepared for everything. Additionally, such services also aid businesses in coming up with the best potential strategic choices in the face of change.
Tata Consulting Services
Tata Consultancy Services (T.C.S. Singapore), one of the world's leaders in I.T. services, digital technologies, and business solutions, works to optimize processes, increase organizational profitability, and foster successful transformations.
T.C.S. was established in 1968 to offer enterprises all around the world specialized management and technology consulting services. There are two offices in Singapore among the Company's almost 150 facilities spread across 46 nations.
To spur growth, enhance the customer experience, and streamline processes for efficiency, T.C.S. Singapore assists clients in implementing digital solutions across a variety of aspects of their businesses. This top-notch Singaporean consultancy can help your Company's procedures and operations leverage technology more effectively overall.
Mott Mcdonald
Engineering, management, and development consulting firm Mott MacDonald operates internationally. When Singapore was looking for ways to cross the Kallang River, the authorities first invited it to the city-state.
Since 1972, Mott Macdonald Singapore has been assisting customers in public and private sectors across a range of industries to generate growth and complete successful projects.
The Company, one of Singapore's top consulting businesses, has more than 350 specialists on staff with a variety of knowledge and skill sets. Industries they are working in is Energy, Water, Highways and Urban Transit.
One of the team's main competencies at Mott MacDonald Singapore is assisting businesses in reducing project waste and implementing techniques that save energy and enhance results. Singaporean consulting companies must be able to manage numerous moving components when it comes to engineering and project consulting.
Spencer Stuart
With more than 60 years of expertise as a leader in the field of leadership consulting, Spencer Stuart has helped a wide spectrum of customers, from huge international corporations to non-profit organizations and fledgling businesses, achieve success.
Spencer Stuart Singapore is just one of 57 locations that make up this multinational consulting firm. The Company's area of expertise is assisting businesses in identifying and developing exceptional leaders, enhancing their effectiveness as leaders, and assisting them in undergoing strategic transitions.
Typically, a company's leadership is what makes it unique and has the most influence on its culture, productivity, and profitability. To assist firms use such power to their advantage, Spencer Stuart Singapore offers a wide range of customized services.
Wood Mackenzie
Since its founding in 1923, the international business consultancy Wood Mackenzie has specialized in providing advice to the mining, energy, oil & gas, and chemical industries. There are about 25 of its offices worldwide, including Wood Mackenzie Singapore.
Their distinctive outlook reports on a number of industries are one of the firm's distinguishing characteristics that you won't discover at many of the other consultancy firms Singapore is home to. These studies are jam-packed with information and analysis on a variety of subjects, including trends in L.N.G. contracting, global iron ore, European refining, and more.
This Company, which has completed over 400 projects evaluating the basics of the sector, is one of the most seasoned energy business consultants in Singapore.
Protiviti Inc.
Protiviti Inc. is another of Singapore's top-rated consulting firms, offering clients a customized and collaborative consulting experience. The Company operates 80 locations across more than 20 nations and has worked with over 35% of the FORTUNE Global 500® firms.
Business executives can benefit from the unbiased insights provided by Protiviti Singapore in a variety of fields, including technology, international transactions, and audits. Protiviti, a leading business consulting firm in Singapore, tries to instil confidence in a fast-paced environment.
The Protiviti team is among the best business consultants in Singapore and has experience in many different industries that, including government, healthcare, consumer goods and services. Business Performance Improvement, Data Management & Advanced Analytics, Digital Transformation, Internal Audit & Financial Advisory and Managed Business Services are some of their best services.
The Top Boutique Consulting Firms in Singapore
Keyhole Insights
Market research, economic consulting, and strategy consulting are the specialities of KeyHole Insights, a Singapore-based company. The company, which was established in 2018, has a staff of fewer than ten people and offers midmarket and other-sized businesses in the consumer products & services, e-commerce, manufacturing, and other industries business consulting, market research, branding, marketing strategy, corporate training, and digital strategy services.
Tech businesses hire KeyHole Insights to assist them in setting group goals, cascading the outcomes across teams and departments, and creating a mechanism for tracking performance.
KeyHole Insights achieved this by providing briefings and encouraging brainstorming among employees, teams, and departments, holding cross-functional seminars and workshops, and holding focused meetings within departments and functions.
EMURGO
EMURGO is a blockchain technology business in Singapore. They were established in 2017 and currently employs roughly 50 people, mostly serving midmarket and small-business clients across numerous industries. Blockchain, IoT, and custom software development are some of their services.
For a coffee firm, EMURGO created supply chain software. Their team created a platform that enables the traceability of its products in an effort to support the client's operating procedures. Positive reviews of the solution have been received, and it was delivered on schedule.
It's fantastic that they produce on schedule and with excellent results. -Coffee Company's Head of Marketing
Cognitute
Cognitute is an India-based management consulting firm that specializes in business strategy, digital transformation, and performance improvement. The company focuses on delivering measurable outcomes through KPI-aligned consulting, ensuring that every engagement drives real, quantifiable impact for its clients.
With a presence across multiple industries, Cognitute combines strategic insight with hands-on execution to help organizations scale, optimize operations, and stay competitive. Its practical, results-oriented approach has positioned it as a trusted partner for businesses seeking sustainable growth and transformation.
For another key market overview, check out the top consulting firms in India and their sector strengths.