Why Accenture Strategy is considered tier 3? Isn't it growing fast and it has some good projects?

Accenture
New answer on Sep 01, 2020
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Anonymous A asked on Aug 28, 2020

Why Accenture Strategy is considered tier 3? Isn't it growing fast and it has some good projects?

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Sidi
Expert
replied on Aug 28, 2020
McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers

Hi!

It mainly refers to the organizational level at which their client projects sit. Accenture Strategy still rarely conducts strategy projects at the board level of billion dollar corporations. This is still the domain of MBB. And even at the immediate layer below, where functional executives or business line CEOs need strategic help, you will find MBB and Oliver Wyman / Strategy& / Kearney / Roland Berger more often than Accenture Strategy. This is a global average view - of course in particular markets, the situation might be different.

Cheers, Sidi

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Robert
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Content Creator
replied on Aug 28, 2020
McKinsey offers w/o final round interviews - 100% risk-free - 10+ years MBB coaching experience - Multiple book author

Hi Anonymous,

On top of what Sidi already mentioned, Accenture is currently undergoing an internal reorganisation and cutting 25.000 jobs - so no signs of growth here...

Hope that helps - if so, please be so kind and give it a thumbs-up with the green upvote below!

Robert

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Clara
Expert
Content Creator
replied on Aug 29, 2020
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Hello!

On top of what has been shared before, there was a super interesting article in the Economist about Accenture precisely. Totally recommended

Hope it helps!

Cheers,

Clara

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Antonello
Expert
Content Creator
replied on Aug 31, 2020
McKinsey | NASA | top 10 FT MBA professor for consulting interviews | 6+ years of coaching

Hi, tier 3 is about the strategic consulting ranking. Accenture is at the top in many other consulting branches

Best,
Antonello

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Ian
Expert
Content Creator
replied on Sep 01, 2020
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi there,

Sure, they do have some good projects, however this is in the operational space! in terms of their strategic arm, they just don't even compare to the rest in terms of growth, compensation, client level, charge rate, reputation, etc.

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Sidi gave the best answer

Sidi

McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers
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