In case you didn't know.........Accenture has AccentureStrategy launched about 2 years ago. They are eating into a lot of MBB deals. This is also why McK is building up its Operations practice....can't compete with Accenture Strategy and Deloitte and others who are strong in transformations and execution. Though MBB still dominate corporate strategy.

Not forgetting that Deloitte bought Monitor, while PwC bought Booz. The strategy space is getting a bit crowded.