Search:
search button
Joining PwC as an experienced hire
 
1 posts
20.07.5
IBM has destroyed PwCC ... but why ?
 
3 posts
08.12.5
Where do all the consultants go?
 
3 posts
20.07.5
ACN Assessment Centre
 
3 posts
20.07.5
Accenture Strategy - Help!
 
1 posts
20.07.5
Perceptions of coaching in the UK- MSc-Research
 
1 posts
20.07.5
consulting & innovation: A desperate need for advice
 
5 posts
23.07.5
BT C&SI Core Consulting interviews
 
1 posts
20.07.5
ACA or CIMA?
 
4 posts
25.07.5
US Strategic Sourcing consulting firms
 
1 posts
20.07.5
Accenture operating groups
 
5 posts
07.09.5
Business Development - HR Consulting
 
3 posts
04.08.5
careers
 
1 posts
19.07.5
New to Consulting
 
3 posts
20.07.5
Rules of the Road
 
10 posts
20.07.5
Tony/Recruitgal Advice please!!
 
3 posts
20.07.5
Experienced hire, need some advice
 
2 posts
19.07.5
The big 5
 
8 posts
21.07.5
Impact Plus Assessment Day
 
1 posts
17.07.5
Consultant Enterprise Development
 
2 posts
16.07.5
Recruitment Freeze at IBM??
 
5 posts
18.07.5
CapGemini & KPMG
 
3 posts
18.07.5
PA CONSULTING
 
5 posts
19.07.5
Accenture/PA: Tony Restell
 
7 posts
18.07.5
Offer Acceptance - URGENT!
 
10 posts
03.08.5
to ACN people and MBAs
 
9 posts
18.07.5
Serco - what's the deal and should I apply
 
4 posts
22.07.7
From ACN to Monitor
 
1 posts
13.07.5
What can a life scientist do to become a consultant?
 
2 posts
13.07.5
Career in Consultancy
 
7 posts
14.07.5
Ernst & Young
 
4 posts
25.07.5
To all people at Accenture
 
3 posts
15.07.5
Please help Tony
 
3 posts
14.07.5
Calling all Capgemini consultants
 
9 posts
12.07.5
Questions for Cheggers and other PA'ers
 
1 posts
11.07.5
Accenture to McKinsey Bain and Family
 
2 posts
12.07.5
Capgemini
 
10 posts
13.07.5
Suggestion from the experienced
 
1 posts
11.07.5
detica
 
1 posts
11.07.5
PA Bonus Shares & Culture
 
1 posts
10.07.5
ACN Strategy to Botiques
 
1 posts
08.07.5
I want to be a consultant but no one will let me
 
5 posts
11.07.5
Advice
 
3 posts
14.07.5
UK Consultant Salary?
 
12 posts
11.07.5
Glendinning - What are they like
 
1 posts
07.07.5
Management Consultancy Careers Fair
 
1 posts
07.07.5
PA Consulting
 
7 posts
13.07.5
ACN OR PA
 
1 posts
07.07.5
MBA at Bath or Durham?
 
2 posts
08.07.5
What can a life scientist do?
 
6 posts
08.07.5
 

The big 5

 
forum comment
#0 The big 5
 
rs
18.07.5 00:00
 
Much is talked of the big 5 in consultancy... who exactly does this refer to?Accenture, IBM, Atos, Cap Gemini, LogicaCMG?
 
Reply

Reply

 
 
forum comment
#0 Re: The big 5
 
What do you mean?
18.07.5 00:00
 
This question is unclear. 1) Big 5 was a term used for the big 5 accountancy firm's. They had more influence in consulting before recent legislation, particularly in the US, because they were able to win consulting business on the back of their accountancy relationships with clients.2) Some consultancies and industry commentators, but not all, have spun the term onto consultancies. Some, but not all, consultancies have originated from their roots in accountancy. You say that much is talked of the big 5 in consultancy, but how much of that is talk about the big 5 in consultancy before, rather than after, their split from their accountancy wings? We can only conclude that the answer to this is unclear. 3) The term Big, when it is undefined, is unclear. A consultant worth his/her salt would ask 'What do you mean by Big?'. Do you mean Big by number of employees, billings, billings/employees or another measure?It is a reasonable question to ask. It is a pity that so many, but not all, with the top jobs in the consulting industry make so little effort to make these matters clearer.Why should this be?
 
Reply

Reply

 
 
forum comment
#0 Re: Re: The big 5
 
kevin
18.07.5 00:00
 
I beleive that in accountancy the Big 4 are Pwc, Ernst & Young, Deloitte and KPMG. In management consultancy I think that the term Big 5, as used by the media, refers to the biggest strategy consultancies namely Mckinsey, Monitor Group, Bain, Boston Consulting Group and Booz Allen Hamilton. I beleive this to be true, if not, someone please correct me. kev.
 
Reply

Reply

 
 
forum comment
#0 Re: Re: Re: The big 5
 
bb
19.07.5 00:00
 
KevinThanks for your posting.I believe that Pdubya, E&Y, Deloitte and KPMG are the Big 4 in accountancy.Your Big 5 list has a certain amount of credibility. The strategy consultancies do well versus system integrators if you consider big in terms of revenues by headcount (all 5 are strategy consultancies in both our lists).My list differs a bit because I have Marakon and ATK, vs. your Monitor and Booz Allen Hamilton. This is probably because our survey's cover different time periods and might be due to different geographical coverage.Does that seem plausible?
 
Reply

Reply

 
 
forum comment
#0 Re: Re: Re: Re: The big 5
 
Kevin
19.07.5 00:00
 
Hi there bb. Thanks for your message. I think you certainly make a good point about time frame, as Monitor and Booz Allen don't appear in the media as much as they used to. However the main reason I included them is because the media always seems to refer to the Big 5 as being the 'Ms and Bs'. ie referring the the fact that the names of the consultancies all begin with either M or B.
 
Reply

Reply

 
 
forum comment
#0 Re: Re: Re: Re: Re: The big 5
 
Mike
19.07.5 00:00
 
The big 5 (as the previous respondent said) corresponds to the big 5 accountancy firms. Its quite an old term therefore due to mergers etc but when the term 'big 5 consultancies' is used it means - Accenture, Deloitte, PWC, CGEY and KPMG. The likes of McKinsey, A T Kearney are not included as it is the old accountancy firms that are being talked about. Its just a traditional term and has no correspondance with size anymore really.
 
Reply

Reply

 
 
forum comment
#0 Re: Re: Re: Re: Re: Re: The big 5
 
bb
19.07.5 00:00
 
Thanks for your post Mike. The trouble is that the term 'Big 5 consultancies' has so many meanings, it is in fact meaningless to apply it to consultancies, without explaining it. If it is simply a traditional term then why not apply it simply to the Big 4 accountancy firms? If the meaning is used in the way that you describe, then why does IBM exist? It is big in terms of staff numbers. It is big in terms of revenues. It was big by tradition, in the sense that it was the biggest consultancy division of the biggest accountancy firm. It can be true to say that McKinsey is a big strategy consultancy, but quite confusing as well. It does, as you say, not correspond with size anymore in consultancy. It is interesting as a way to understand business, because all of the big 5 changed in different ways and to some extent. It was therefore a very reasonable question to ask.
 
Reply

Reply

 
 
forum comment
#0 Re: The big 5
 
21.07.5 00:00
 
deloitte, pwc,kpmg,E&Y,Mckinsey
 
Reply

Reply

 
Return to the top of page.

ThreadID: 0