I hate losing cool proposals to a competitor who comes in at 50% of the price.

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This is a great thread, post more while I chew on some spam and ramen

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I'm proud of all you consulting houses that haven't gone down the shitter and still able to win work #strategy&shit

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BCG1, you clearly don't know much about our business.

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Bcg 1 needs to get off their nonexistent high horse and read the article posted by associate 2.

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D4, you talking about me? Can I please be upset about losing a pitch I enjoyed? Or does that ruin your FB experience?

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@EY1 Maybe don't call an entire firm's output shit and garbage? Everyone has some bad projects with little value created, but for the most part our clients come back because they did get significant value from our work.

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ITT: all consultants are shitty and expensive. It's the truthanyway

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Higher price does not always equal higher quality. Depends on the nature of the work

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The future is RPA and AI. Everybody is already jumping on those trains.

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Constantly cleaning up messes by m and bcg. Not worth the money. Consulting isn't meant for mbas, it's prestige with none of the skill.

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Haha atleast you got a taste of your medicine BCG. You do that to McKinsey all the time

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Who gives a damn lol

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Taste of your own medicine. BCG just undercut us by 50% even after we agreed to invest 50% of our fees

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Frankly, we rarely even do the same type of work K1, I'm sure what you produce is quality for what it is supposed to be.None of MBB are 'losing money', all have had strong growth for 10-15 years plus but if that makes you feel better go for it.

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Meh ... MOST of the time, it comes down to the old adage, "You get what you pay for". The ball may bounce back in your court after some time.

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Lol

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@d2 actually that's what we do to MBB, pwc, and D.

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SC2 I highly doubt that is true. Because we don't do staff aug and app dev stuff at our core

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Lost a project to D because they came in at 50% less, then client rehired us after to clean up D's mess. Purely anecdotal, of course.

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Funny that BCG is complaining given that they are most often the one out of MBB that undercuts on pricing. If what you were going to deliver for the cost wasn't valuable enough relative to other offers it is what it is. That being said price wars are bad for all of us.

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MBB doesn't do price cuts. We 'invest.'

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For those implying Big 4 consulting firms produce lower quality work than MBB would you be kind enough to point to some case studies or data driven analyses to prove your point?

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Cogni or Accenture !!? (same CTC)

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All I want for christmas is client value creation!

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