There are many types of consulting companies including strategy consulting, human resources consulting, internet consulting, process consulting, public relations consulting, performance consulting, information technology consulting, marketing consulting and so on. Referring to these types of consulting there are many consulting companies now in the Chinese consulting market.
Management consulting refers to the provision of business services, but there are numerous specialties, such as IT consulting, HR consulting, virtual management consulting and others. So-called ”boutique” consultancies, however, are smaller organizations focusing upon one, or just a few of, such specialties. Daxue Consulting is one of the small “boutique” consulting firms in Beijing, China, focusing on foreign customers who want to enter Chinese market.
HR consulting is an industry emerging from management consulting and addressing HRM tasks and decisions. The core fields of HR consulting include human capital, health and benefits, mergers and acquisitions, communication, retirement, recruitment process outsourcing and so on. In addition to that, it may also include legal counseling, global initiatives, investments consulting and implementation of HR technologies to facilitate human capital management.
Varying in their ranges of services and sizes, HR consultancies form their own practices. There are about 1000 HR consultancies globally. The top five revenue generating firms are Mercer, Ernst & Young, Deloitte, Towers, Watson, Aon (now merged with Hewitt), and PwC consulting (a wholly owned subsidiary of IBM). Other major players include Towers Watson, Hewitt Associates, Hay Group, Ma Foi Randstad (part of the Dutch Randstad Holding), and Buck Consultants.
The IT consulting companies in China include Neusoft Group in Shenyang, VanceInfo in Beijing, and some small consulting companies.
Daxue Consulting is a new kind of consulting firm, especially efficient in terms of data collection.