| Topic Name: |
The situation at McKinsey, Bain & BCG |
| Message Name: |
Still not doing well for the Big 3 |
| Date Posted: |
04/17/2003 |
| In Reply To: |
I work for a boutique and we recently pitched to a VC against BCG who offered to do a benchmarking exercise for ??11,000.
For the project in question I can't see how BCG would have not made a loss on this project. In fact I can't believe BCG are undertaking work for peanuts like this. They must be bloody desperate. |
| Message: |
I agree with investment wanker. I work for one of the Big 3 and we've been going down market and targeting more smaller clients with huge, huge discounts. I've even heard rumor that some engagements only charge expenses and not fees just to generate more work. On the other hand, while utilization has gone up, it's mostly because of lay-off and not increased number of engagements.
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