I urge you to consider the ethics of your current employer and consider seeking employment with a different company.
If there are very large amounts of money or very risky behavior involved (e.g. behavior that could trigger an investigation by a government agency), it's sometimes worth paying for the best of the best, so you can avoid any questions along the lines of "why did you use JoeSchmoe's RubberStampsRUs Consulting, when you could have used one of the big firms?"
I’m not sure who the rubber stamp would be for either. Your subordinates I guess? But that seems not particularly important tbh.
[1] https://www.cnn.com/2024/04/25/politics/mckinsey-justice-dep...
[2] https://www.npr.org/2022/10/03/1126202801/mckinsey-consultin...
[3] https://www.nytimes.com/2022/09/30/world/africa/mckinsey-cor...
[4] https://www.newyorker.com/news/news-desk/mckinseys-work-for-...
It's pretty wild to watch the McKinsey folks break out their lexicon of mental tools and jargon, "design thinking" etc, and often pretty nauseating. But ultimately, it's the fault of big organizations being pathetically ineffective that they write the big checks to McKinsey and others.
McKinsey in particular seems to have done a good job projecting themselves as the "strategic" folks in these strategy groups that advise the top brass, pilot innovation groups etc. The other big consultancies seem to specialize differently, for instance Accenture I associate with big ERP integrations and such.
The projecting thing is, imo, not about optics. It’s just a different product. Accenture is a body shop. McKinsey is mostly just getting a strategy done. It’s transparent in both firms marketing and proposals.
I don’t really buy it for internal blame either.