The COVID-19 outbreak has had a negative impact on several industries, including the global management consulting industry, which is heavily hit. To recover from the pandemic’s effects, consultants are creating new job opportunities and business strategies to adapt to the post-pandemic reality. Clients are also on the hunt to seek the advice and expertise of consultants to develop plans and business scenarios. They are seeking consultants to assist them restructure their operations to become digital-first, ensure business continuity, and build resilience in the face of future disruptions. Consultants are aided in these opportunities by technologies and approaches that have brought them closer to their clients. According to research, the global management consulting services market is growing by leaps and bounds.
The market is forecasted to increase to a whopping $1201.06 billion by 2025, registering a CAGR of eight percent during 2021-2025. The increase is primarily due to companies reorganizing their operations and recovering from the Covid-19 impact, which had previously resulted in restrictive containment measures such as the closure of commercial activities, remote working, and social distancing, all of which created operational challenges. The growing industry has laid out a launching ground for many management consulting firms that possess the affinity to guide clients and partners to achieve their unique projects and business goals. Amongst the mind-boggling numbers of management consulting professionals who have been instrumental in providing a whole new ball game, Black Rock Partners is a name worth mentioning.
Black Rock Partners (BRP) can best be characterized as: a multi-dimensional, globally networked expertise-driven boutique firm leading areas such as Public Management & Governance, Natural Resources, Environment & Climate Change, Social Development & Gender Equality, Urbanization, Infrastructure & Energy Efficiency, Economic Growth & Impact Investment, and Food, Agriculture & Rural Development, identifying existing and emerging challenges, with a focus on applying inter and intra cooperation opportunities to maximize mutual benefits.
The firm has the strength to develop and deliver effective and efficient project management, that are needs-driven and participant-focused and result-oriented approach. The success of Black Rock Partners is not a mystery, it is the result of dedication. BRP’s philosophy states ‘We work for and with our clients, allowing us transparent communication, we apply critical thinking to all that we do, and we define key stakeholders for 360 degree views of each project’. Debuted in 2014 in Ulaanbaatar, Mongolia, BRP is committed to excellence and sustainable development.
The firm started its restructuring plan to become employee-owned in 2021. Its expertise offers comprehensive capacity and in-depth sectoral experience to provide solutions to the clients’ complex projects and build results. BRP takes great pride in assisting clients in multi-sectors by providing its best services, including Project Management & New Project Development, Policy Research & Development, Capacity Building & Coaching, Multi-Level Stakeholder Engagement & Consultation, and Monitoring & Evaluation. BRP works with all levels of public organization, international development institutions and private businesses Mongolian mining, health, social and environment, climate change, banking and finance, construction, infrastructure, renewable energy and agriculture.
BRP strictly adheres to the highest standards of transparency and corporate responsibility, the international companies utilize in management and operational procedures and corporate standards maintained throughout their supply chains. “We are the professional firm originated from the expertise built since 2005 and developed during the highest economic growth of Mongolia through 2012, providing best-in-class internationally recognized and commercially delivered consulting services. Pragmatic policy, collaborative engagement and client-focused approaches of our firm are acknowledged by national and international institutions, and government organizations.
One of our traditional services, Policy Research & Development scaled-up with consideration of gender and climate change, focusing on innovative approach towards low-carbon development pathways, the foremost global goal”, adds Surakhbayar Galsan, CEO of BRP, an awardee of 'Gender Champion in Extractive Sector of Mongolia'. Since its establishment, the firm has a great leadership team and sector experts, leading the most valued and well-recognized pool of consultants that competently support its clients’ businesses to grow and projects to thrive. A highly dedicated management, focusing on ethical issues and ensuring gender equality & advocacy in the workplace are a few of the firm’s traits that help it to stand out from the crowd.
Dealing with businesses is always intriguing as it creates opportunities to tackle challenges & opens new avenues
Mapping the Future
Climbing the success ladder with steady growth in the Mongolian management consultancy industry, BRP targets to become a leading consulting firm in the next 3-5 years, expanding services in multi-sectors and leveraging national and international partners and experts, to meet the shifting demands and emerging needs of the market. Currently, environmental sustainability and social safeguarding with climate resilience are crucial for the sustainable development and impact investment. Hence, the businesses’ approach needs to be further refined, especially in Mongolia.
“BRP concentrates on delivering high-quality services, aligning with Nationally Determined Contribution (NDC) and global paradigm shift towards generating positive, measurable social and environmental impacts. BRP collaborates with Climate Green Investment Corporation (CGIC), launched with vision to contribute to Mongolian sustainable development through catalytical impact investment capital for green bankable projects. Dealing with businessesis always intriguing as it creates opportunities to tackle challenges and opens new avenues. Therefore, working with our existing and new clients enables us to advance in all ways to accelerate BRP’s future growth", he concludes.
Surakhbayar Galsan, CEO
Surakhbayar Galsan, CEO of BRP is passionate about contributing to sustainable development and greening business concept by providing commercially focused advisory service that meets clients’ needs. He is skilled at building coherence to influence strategic actions, creating positive impact across sectors. He also serves as a Chairman of the Board of the R&D Center for Climate Change and Sustainable Development NGO. A former Member of the Board of the Mongolian National Mining Association, Surakhbayar Galsan is a co-initiator of the Natural Resources & Environmental Laws Program in Asia of the School of Law, National University of Mongolia.
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