Prepared for Ed S. | Delivered May 12, 2020
Board Advisory Services in Asia
To find the top 3-5 leading companies in the board advisory services space in Asia and globally.
Board advisory services seem to be a very specific niche of the consulting industry, so there is not a lot of information available on firms that specialize in this service area. However,
the National Association of Corporate Directors (NACD) appears to define
board advisory services as a sub-segment of the corporate governance service area.
top consulting firms
that offer corporate governance services globally include Accenture, BDO, Atos Consulting, BearingPoint,
Consulting, and Deloitte.
Accenture offers board advisory services under the umbrella of
strategy consulting services
. Deloitte offers a broad category of services through its
Board and Strategic Advisory Services
division. BDO has a
dedicated section for board advisory services
, but it also mainly helps the board to make strategic decisions.
classify board advisory services under the governance, risk and compliance vertical. Atos Consulting seems to be primarily focused on technology consulting services, and it only offers limited board advisory services insofar as they relate to
strategic digital transformation
It appears that consulting firms often offer board advisory services as a part of their strategy consulting divisions. Companies that
specialize in strategy consulting
in Asia include
Arthur D. Little
Bain & Company
Boston Consulting Group
Other firms advertise their board advisory services under the broader heading of risk and compliance consulting services. One such firm is KPMG Singapore, which
offers board advisory services
as a part of its risk consulting division. Some leading risk consulting specialists in Asia include
Alvarez & Marsal
Other Useful Findings on the Asian Consulting Market
The total market size of the global consulting market was
in 2019. The Asia Pacific region contributed
, or 33.5%, to that total.
Other, more conservative, estimates show that the market size of consulting services accounts for only about
of the global consulting market, but that this region is quickly gaining importance in the global consulting market. China and Australia have the most developed consulting markets, with sizes of
Business & Finance Specialist
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