Strategy consulting

By Fiona Czerniawska

Necessity, as they say, is the mother of invention.

“M&A deals reduce competition and distract consultants from what should be their primary focus; their clients.”  Those views, of a senior executive we spoke to last year, are pretty typical: deals between big firms don’t add value to clients; if anything, they destroy it.

By Fiona Czerniawska

Yesterday’s announcement, that PwC and Booz & Company have signed a conditional merger agreement, comes as something of a relief.  The consulting industry has been awash with rumours, some intriguing, some bizarre, since the summer and now – finally – there’s something concrete to react to.