Consultants vs. bankers

by Vault Consulting Editors | November 13, 2009

  • My Vault

People (primarily consultants and bankers), love to talk about the difference between consultants and bankers. "From the consultants side, I think what we can learn is the concept of materiality," this consultant-blogger says. "Bankers are concerned with money on the table, and they realize that small differences typically have little effect on the big picture. Consultants on the other hand care about literally every little thing." He goes on to say that, while bankers give clients bottom-line recommendations, consultants draw clients in and take them on a "journey" from Point A to Point B. Any thoughts on this assessment?

For my part, I think the primary difference is that many consultants like to laugh at themselves, whereas everyone else likes to laugh at bankers.

Filed Under: Consulting

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