No. I don't think that is true. One can have a profession where reputation is all and when you have a poor reputation, you eventually go out of business.The big strategy firms are very protective of their service quality and brand.
Strategy firms fit the definition of a profession. Regular annual and bi-annual training. Industry conferences. In some technical areas, even certifications.Don't confuse the industries with more regulations/credentials like investment banking and law with being more professional than strategy consulting which by its nature is less regulated due to the problem solving nature of the work.
I'm looking at a Bedale for some winter travel. Is this still the best for a business traveler who wants to cover a suit jacket?
Does the quality hold up over time? It looks pretty solid.