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Starting a strategy consulting firm (ex-McKinsey, BCG, Bain, Deloitte, etc.)

Starting a strategy consulting firm (ex-McKinsey, BCG, Bain, Deloitte, etc.) Hi everyone and welcome to another episode of the management consulting podcast series where we discuss the business of running a consulting firm. In today's episode I would like to talk about the route behind the creation of most boutique strategy consulting firms and offices of larger firms. For example, if KPMG wants to open an office in a new territory, it will bring in a consultant who has either worked at KPMG or a consultant with expertise in that local region from a rival firm. If you are launching your own business, the odds are very high that you have already worked at a Deloitte, a McKinsey, Accenture, or even at a tech firm. In fact, you bring in the skills of your prior firm into your new organization. Who usually establishes boutique strategy consulting firms and offices of larger strategy consulting firms A majority of strategy consulting firms and smaller offices are created by consultants who worked at larger firms and larger offices. One of the biggest challenges faced by such consultants is that they take an idea, concept, toolkit, framework, or some kind of intellectual property which is usually a very narrow…

Starting a strategy consulting firm (ex-McKinsey, BCG, Bain, Deloitte, etc.) Hi everyone and welcome to another episode of the management consulting podcast series where we discuss the business of running a consulting firm. In today's episode I would like to talk about the route behind the creation of most boutique strategy consulting firms and offices of larger firms. For example, if KPMG wants to open an office in a new territory, it will bring in a consultant who has either worked at KPMG or a consultant with expertise in that local region from a rival firm. If you are launching your own…

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