Category: Industry discussion

StrategyCase.com cover showing four types of management consulting firms as distinct career paths leading to different business environments.

4 Types of Management Consulting Firms (and Which One Fits You)

Management consulting firms fall into four types: strategy firms (McKinsey, BCG, Bain, plus Tier-2 players like Kearney and Oliver Wyman), full-service giants (the Big 4 and Accenture), boutique specialists, and small independent consultancies. Most candidates only ever look at the first type. That is a mistake. I spent 5 years at McKinsey as a Senior…
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Seven real reasons companies hire management consultants, based on experience inside McKinsey.

Why Companies Hire Management Consultants (7 Real Reasons From Inside McKinsey)

Updated July 2026. By Florian Smeritschnig, former McKinsey Senior Consultant. Companies hire management consultants to rent expertise, senior problem-solving capacity, and an unbiased outside view they can’t build fast enough in-house. Not because their own people aren’t smart. Why companies hire management consultants is often misunderstood. In five years at McKinsey, I never once saw…
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