Fixed — Consultancy Fee Monopoly
However, the shift requires a change in buyer behavior. The monopoly exists because buyers pay the premium for the "brand." Once buyers begin to value outcome over prestige , the monopoly on fees will dissolve.
For decades, a handful of firms have dominated high-level strategy. Their fees are not based on the time spent, but on the magnitude of the decision being made. This creates a scenario where a week’s worth of work can cost millions, creating a fee monopoly on corporate strategy itself. consultancy fee monopoly