| Topic Name: |
PMI strat houses |
| Message Name: |
More PMI/PMM |
| Date Posted: |
10/13/1999 |
| In Reply To: |
I'd like to point out that the post saying that strat houses don't do PMI is a FAKED post. I didn't post it. Two pieces of proof:
1. I always put my e-mail address, and that posting is missing it.
2. I would never use the term, PMI. At McKinsey we use the term PMM (Post Merger Management)
I'd also never make such a stupid claim anyway. I worked on a PMM study for utility after it made several geographically adjacent acquisitions.
Just as the Andersens of the world are moving "upstream" into the strategy realm, the strategy houses are moving "downstream" into the implementation phase of work. Strategy is really not about pretty blue books anymore. |
| Message: |
Well, might be another Brian then. When responding I responded to the "name" provided in the author field, not a specific person. ----- Anyway, BrianR makes an interesting observations about the migration of consulting firms into new areas and this is perfectly right. ----- PMI/PMM is too important, trendy and profitable to be neglected by any firm, and of course everybody tries to cover most parts of the integration process. ---- But there is more than up- and downstream. I don't know about the situation world-wide, but in some countries McK has started to accept equity as a "payment" from small firms that cannot pay the regular fees. Now we are all waiting for a McK VC unit.
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