Big Four firms

“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.

We were impressed by Greenwich Consulting. We speak to somewhere in the region of 300 consulting firms in the course of our research every year and occasionally a firm stands out for one reason or another. Greenwich stood out.