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What you are saying sounds like anecdotal evidence more than anything else...
How did you "observe"?

Maybe in any case you are mistaken on the causality ? Companies don't suck because they hire consulting firms. Firms suck in the first place, so they hire consulting firms who in turn don't help much.

My feeling is that consulting firms don't create much value on average. Just my 0.02, but I think they get most of their business from executives who want to validate their strategies and cover their a$$es by submitting an expensive 200 pages report from BCG to their board which states that said strategy seems plausible under assumptions a, b, c....,z.

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