Hi Julian !! Good choice of firms, but then, as a recruiter for BOP, I can't say that I'm impartial !!! To answer your question, both practices work closely together, but SMP do pay slightly more. Note that the standard of entry for strategy consulting is a lot higher for all firms, than it is for operational consulting. Many of us BOPpers end up working on SMP jobs anyway, and a number have transferred across last year. Don't know if this helps. Good luck in your career with PA, or elsewhere.