Thursday, September 15, 2011

McKinsey vs Boston Consulting Group – Analysis

The two premium organizations in the consulting world, McKinsey and BCG, are the ultimate destination of many MBA graduates and experienced technical professionals from elite institutions. It is not easy at all when it comes to choosing between the two, but some well-investigated parameters if clearly thought of casts a lot of transparency on the comparison. And I am sure it will be a real help to my readers who urged me with hundreds of feedbacks to write this one after the Accenture vs McKinsey article..

Work Pressure

McKinsey is said to have a slightly more work pressure than it’s peers in this sector and you might just be travelling a touch more. But that being said, the prestige and satisfaction that comes with working in the best in the sector undoubtedly gives you that extra energy to carry on and go ahead with what you do best. With having a feather in the cap for working in the top firm, I don’t think it would make much of an issue.

Boston Consulting Group is a very close competitor, recruiting from nearly the same institutions as McKinsey and having a lot similar strategy and work culture. But work pressure and travelling might not seem apparently as much as McKinsey.

Advising on Technical Issues

One aspect where both McKinsey and the Boston Consulting Group have a close shave is their advising ability on technical issues. Both the firms have nearly the same amount of credibility when it comes to advising on strategic technical issues. They might not be the best bet in implementing them, but surely provides a solid platform to other IT firms to start working on. Hence with McKinsey or BCG, you need not worry on this front. Both are equipped in almost the same way in advising on technical issues with nearly the same quality of performance.


Salary in both McKinsey and BCG vary subtly and cannot be taken into consideration of you are going to choose between the two. With some of the finest brains coming into these two organizations from the elite institutions, the competition continues to grow. So the package offered for various designations remain more or less the same.

Inside Tips

With both McKinsey and BCG going neck on neck in this case, there are some tips coming from right inside the organizations which might be helpful for you. Try to build a strong reputation amongst everyone by excelling in your internship or the task assigned to you. By that you will be getting a visibility which will just provide the much needed boost to your career, depending a lot on your colleagues and immediate surroundings and work environment of course. But the hard work will definitely be paying off in a few years with more challenging roles coming up for you as you continue to strive for excellence.

Tuesday, September 13, 2011

Accenture vs McKinsey & Company – Inside View

Best Quotations Collection
McKinsey calls itself the best in the business when it comes to consulting in terms of strategy and management in the world. No doubt they are one of the heavyweights in this field which is crowded with heavyweights to very lightweights as more and more firms are diving into consulting these days. There are quite a few factors which we need to take into consideration when comparing the two elite organizations of McKinsey and Accenture. 
Work Pressure

Work pressure in McKinsey just becomes slightly more than Accenture primarily because there’s an intense work load that comes with working in such a high profile organization that many people dream of. So on one hand there is the job satisfaction that you get with working in one of the top organizations in the world. On the other hand, there is your work-life balance which you might just find slightly going through a bumpy ride.

This does not mean that work pressure at Accenture is low. In fact amongst it’s peers, Accenture has a good reputation of having stressful work hours across projects (check out Deloitte vs Accenture and TCS vs Accenture). But McKinsey is a class above Accenture simply because it’s one of the finest leaders in this consulting sector and leading the path by example.

Advising on Technical Issues

McKinsey primarily being a consulting firm, there is a dearth of technical knowledge, like most other players in the consulting field. There is nothing new with this, because their expertise lies in consulting, and not technology. McKinsey often ties up on periodic basis with technology firms to perform strategic analysis to implement their strategies based on the requirements of the business.

Whereas in Accenture, there is lots of technical expertise around you to help you analyze your strategies and deliver them based on the requirements of the client. This sometimes comes pretty handy because you know the people who you are working with and the team does not change very often. Having a connection with the people who understand and know you helps in the strategy implementation process overall.

Impact of your educational institution

McKinsey has specific policies into place when it comes to allocating consultants to serve their clients. In one word, I must admit it’s superb, since it’s the most effective way in the practical world. A management graduate coming from a grade A college from a Asian country might not be getting the grade A client in US/UK, but he might be getting a grade A client here in Asia or grade B onwards clients in US/UK (which isn’t bad at all, but not the best). So you can see you have preference on your home location when serving your grade A home companies. You definitely have an edge over a grade A management graduate coming from US/UK in your home location. But definitely, if the graduate you are competing with has graduated from Harvard then you are in for a tough competition.

Accenture does not have such huge impact on your educational backgrounds. But then of course, a heavyweight CV is likely to shine forth much more than the rest thereby bagging him or her the best clients. But on an overall basis, the thing that’s taken into consideration is  your work experience, previous successful implementations, flexibility across different domains, etc.

Synchronization of information across all levels

McKinsey needs to have a smooth flow of information across all it’s levels across all domains to provide seamless integration of experience, expertise, issues faced and success strategies to provide better strategic solutions. It is not surprising to a firm of this level when their partners are scattered all over the world. Say for example they had a tie up with firm X for a technical solution and then after the implementation was successful, the tie up ended. Later if you need a feedback or idea regarding the previous implementation, it’s way too a daunting task to get to them. Even if the tie is still existing, getting their attention might be difficult task.

Accenture’s Knowledge Exchange provides decent information of the client’s it is working with now and what kind of work is going on. But still, there ought to be far more better integration of services to facilitate communication across all levels to provide lightning fast communication.

Saturday, September 10, 2011

Deloitte vs Accenture - Clash of the titans

After PWC was sold of to IBM, EY to Capgemini, years ago, the big players in the field of consulting remained Deloitte, Accenture, IBM, KPMG, Ernst & Young, CSC, etc. Most IT companies in general provide consulting service along with their IT solutions. The undoubted big players in this field can be named easily but the daunting task comes when scoring one above the other. But still, with proper knowledge, a clear picture can be put forward.

Job Security

When it comes to job security, IT consulting field is probably one of the worst. When the cost-cutting measures are to be put into place, the consultants will be the first to leave unless they have reached a position in the organization where they are irreplaceable. 

But when it comes between Deloitte and Accenture, Deloitte has an edge over Accenture. The business model of Deloitte is slightly more humanitarian than Accenture and it is not about getting the work done out of you for the organization no matter what. You will be feeling  this difference in the humanitarian approach better once you work in both the companies.

Training Facilities

The training facilities at Accenture are much better equipped. You will be groomed and taught well enough to find your place very soon in the live environment. Deloitte’s 107 acres Westlake training center facility is going to provide a boost to their learning and sharing culture, but it will be interesting to see how many people beyond Texas benefit from it.


The salary in both the organization’s is more or les the same, maybe a few bucks more or less. But if you are just starting out, you might well prefer Deloitte over Accenture if you get a higher package. But if you have got 4-5 years of experience, and you are probably a Senior Consultant, then you will notice that the salary isn't just competitive enough any more. So in the long run Deloitte might dry you up slightly, where Accenture will continue to satisfy you. But there’s a catch. Read on.

Work Culture

Deloitte’s employee policies are very rewarding to their employees. They are honored for their hard work and their business model ensures a happy overall workforce.

But in Accenture, you might just get the feel that all the organization is aiming for is to retain the taskforce anyhow. Be it by competitive packages, or something else. And you will have to prove yourself worthy of the package you are getting. People working in Accenture say you will continue to be a part of Accenture until you ‘burn out’.

Do you have a view on another aspect? Or do you have an opinion that you might just love to share? Feel free to speak out below.

Accenture vs TCS

This is a comparison that is not surprisingly read by thousands of visitors everyday. Click here to proceed reading with the article.

Tuesday, September 06, 2011

TCS vs Accenture – Comparison at granular level

“I cannot decide which company to opt for. What to do now? Should i go to TCS or Accenture?” – This is the question that has crossed the minds of thousands till date for sure. And there has been random searches for data comparison from your peers, over the internet, from your relatives, and everywhere else. Well, now you can just go through this article below to find the most comprehensive comparison ever to help you take your decision.

Domain Allocation

After completion of your training, Accenture follows a process of allocating the domain randomly. It is not dependent on your performance during your training. So the guy who ws the topper during your initial training days might just be getting a domain unfamiliar to him and with much lesser growth opportunity and vice-versa. So there is nothing which could be predicted for certainty. It also apparently appeared as a fact from people who have worked in Accenture that it is a touch difficult to change the domain once one gets into it.

Coming to TCS, the training would be based on a a particular domain. But after you join, there is no certainty again which domain you will be allocated to. It can range all across the vast stretch of the technology field. But you can voice your preference before being allocated, or after few months of working, the outcome depending entirely upon the scenario and project you are working in.

Work Pressure

Work pressure at Accenture is often pretty high. People report often 12-15 hours of work. Not that this is the general scenario. But many projects have tasks which require a lot of labor. The Knowledge Exchange of Accenture is a vast ocean of information which you can access if you are working in Accenture and read for types of tasks and projects that have been going on and is currently being performed.

Work pressure at TCS is a pretty relative term. It varies across projects. Apart from the minimum working hours, you might have to stay back sometimes a couple of hours or more to finish your tasks on few days. But on a regular basis, the working hours is seldom hectic. But in some projects you might well have to work for 10 hours daily and might have to come on weekends as well.

Screening and firing

People working in Accenture have across different platforms reported that there is a little bit of screening policy in place. This policy might eventually lead to people not securing a place in the organization after sometime. However, there are a number of criteria which you have to fulfill to get thrown out, so there is absolutely no need to panic at all.

When it comes to firing of employees, TCS is a light year above the rest. So you need to perform either really badly or break the company’s rules, policies beyond such control that you will be forced to be thrown out of the company. On a serious note, periodic screening might happen, specially during times of recession when there were reports of down-sizing the employee strength in the organization, mainly from the 5-7 years experienced bracket.

So if you are actually having a thought across your mind which one has an edge, do not consider the recession factor because in such times, most organizations will have similar policies. But the level of firmness and aggression will vary much across organizations during those times. That is where you can find the difference between TCS and Accenture.

Brand Image

Accenture has the image of an international organization, a foreign company. But inside it is very much the same as in any MNC in India. There are the same kind of people working, same atmosphere and environment, same kind of policies and HRs, same sort of projects, project works and coding. The chances of onsite might just be a touch less because Accenture is present outside India in across many countries with pretty decent workforce. But however, having Accenture on your CV no doubt gives it a boost simply because it’s such a large global organization.

TCS has the brand image of a resolute, stable organization with the employee’s benefits in mind and hence job security is a touch higher here as is the general opinion across all levels of society. Onsite depends entirely on your project scenario. People, environment, policies and HRs are also not too different across organizations. So you will neither fall from the sky if you come to TCS after Accenture, nor if you come to TCS from Accenture.

Salary hikes

Salary hikes in Accenture seem to have faced a block after the recession, specially for freshers joining the company. But anyhow, it is way near to the industry standards as time is passing by. But joining Accenture as a lateral and then with about 2 years of experience, the hikes and salary seems to be almost at par with your peers in other organizations.

TCS gives a pretty decent package and continuing to do so for the freshers as well. The package is also nice for laterals joining the company. But for people who are not laterals, the pace of hikes seem to be moving from 4th gear to 3rd gear as per the public opinion. But anyhow, it is good enough to satisfy your needs as people in the IT sector get saturated with money very soon, be it in TCS or Accenture!

Onsite opportunities

Accenture has onsite opportunities depending on the project you will be working on. But the fact is that there is a very large number of branches of Accenture across the world, so this might just cut into your chances of getting an onsite. This not to say that people do not get onsite chances from Accenture, but at a piece of the cake is taken away due to this factor.

TCS on the other hand provides a decent number of onsite opportunities, but then again, depending upon the projects. With a few US policies being newly introduced into place, the onsite visas have dried up a little. I wonder how much it is helping Obama’s unemployment issue at hand, but still the policies have been created with a good intention to the nation. So when the opportunity comes along with your visa, you can happily fly away.

Do you want to have a comparison from another perspective? Do you have something to share? Feel free to speak out below or click here.