{ "media_type": "text", "post_content": "2 part question guys - Big4 v. MBB: 1) what is the honest difference in the type of “management consulting” done by each; and 2) when is management consulting actually just expert consulting?", "post_id": "5cee21b544af13001b727c4c", "reply_count": 7, "vote_count": 5, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

2 part question guys - Big4 v. MBB: 1) what is the honest difference in the type of “management consulting” done by each; and 2) when is management consulting actually just expert consulting?

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I’ll take a stab at this: 1) Management consulting is an incredibly broad description. Within management consulting, there can be broad silos organized by function (IT, supply chain, HR), industry (Consumer, insurance, manufacturing) or product (m&a, performance improvement, implementation). Within a framework of function, industry or product, the differences between MBB and Big 4 are vast. 2) Depends on what you define as expert. If the client has never done a project but they have hired a consulting firm and the team leader has done that project (be it IT implantation, .org design or growth strategy) a dozen or so times, I’d argue he or she is an expert

likesmart

By the McK definition, I would argue that it stops at whatever “top management thinking” McK is willing to price at their lowest gross margin but I think the answer you’re looking for is more nuanced than that. Can’t speak to MBB but in my Big4 experience the scope has generally described deliverables the contents of which vary greatly

likesmart

My feeling is that we often have the go-ahead to stray from the SOW if it’s valuable to the client. My friends at Deloitte say they do exactly what they agreed to do, while my teams often change the approach. I can’t say if this is universal, but just a thought

like

We have flexibility to stray if the situation or client specifically call for it. Just need to have email exchanges to document the change. If it’s a completely different scope or requires team reshuffle then we have to go back through our risk process.

I’ve been in both MBB and Big4 and inclined to agree with 1, regarding 2 I would posit something like Cyber Security which is big business in the Big4 is not always a management focused activity (e.g. could be a compliance job) per se. Thus perhaps it’s expert? When does consulting stop having “top management thinking” by the McK definition. One further question I have and would be curious to see corroborated is the nature of a scope; I found the big 4 very explicit and defined and the MBB painfully hard to nail a useful outcome/deliverable to strive towards.

I guess it would be good to understand the angle you are trying to understand. I would argue in some ways the answer to number 1 has a lot to do with the engagement point. MBB does it’s consulting engaged at the C suite (strategy) while big4 can engage at that level but usually doesn’t. I would also say that Big4 MC/SC are vastly different. S& was a strategy house acquisition and we regularly compete with MBB. For part 2, never heard of this type of consulting but would argue that all consulting is expert consulting. What you state about cyber I agree but that is just a technical expertise. PwC can be hired as a forensic expert. MBB doesn’t do that I think

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