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Not long ago, partners from the consulting side of Arthur Andersen formed a separate company and changed the name of its business from “Andersen Consulting” to “Accenture.” At the time, I thought to myself, “What the heck are these guys doing? The Andersen name is `gold’ in the industry. They are so foolish to throw this away.”
Now, as the Enron debacle unfolds, I’ve had to change my opinion about the Andersen Consulting folks. It turns out that they are much better strategists than their former business partners are accountants.
