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The firm helps clients with a number of specific management needs Vault employer profiles mckinsey its broad functional practice areas, such as growth strategy development and execution; business portfolio management; mergers and acquisitions; postmerger integration; productivity and efficiency improvement; marketing and pricing; supply chain management; IT infrastructure; customer and supplier relationship management; sustainability; turnaround; and private equity, among other services.
Henderson, a former Bible salesman and Harvard B-school dropout. InBCG became the first Western strategy consulting outfit in Japan, and a string of offices throughout Europe soon followed.
Among the concepts developed by the firm over the years are the experience curve which charts improvements in efficiency as experience is amassedtime-based competition an approach that recognizes speed as an essential component of successdisease management an approach to patient care that takes a more systemic view of quality and costs than traditional approachesrichness versus reach the trade-off inherent in the economics of informationtrading up and trading down consumer spending phenomena and globality the post-globalization era in which everyone from everywhere competes for everything.
Not the stuff of fairytales Perhaps the innovation that the firm is best known for, however, is its growth-share matrix.
While a tool that utilizes images such as cows, stars and dogs might sound fanciful, the matrix is one serious piece of business methodology-and one that has become a core tool used by businesses the world over.
A number of consultants have degrees that range from economics, biochemistry and engineering, to psychology, classics and law. Whatever their background, the firm organizes its brainpower into formal practice areas, which include the functional and industry areas listed above, as well as timely issues such as managing through the downturn, cloud computing, megatrends, operational transformation and turnaround, sustainability and talent management, and more recently big data, and technology advantage.
Since then the firm has rolled this out across U. Systems, launched worldwide, and it is now in every BCG office. According to the firm, "PTO is now a fundamental BCG People Platform, used to drive business priorities at case level, driving client value, while giving our employees a sense of control and accomplishment.
This program recognizes that a satisfying, sustainable career at BCG is about more than minimizing hours-it is also when you have personal control, purpose and accomplishment. The firm strives to provide a lasting social contribution to the world.
BCG provides around staff to more than social impact projects around the world each year. These partnerships enable the firm to extend their impact through involvement in "global challenges" - including the eradication of malaria, and the fight against child hunger.
Building the business canon As might be expected of a company with so many experts and a dedication to research, BCGers put out their fair share of publications-so many, in fact, that inthe firm collected some of its biggest thoughts over the past 40 years into one volume, entitled The Boston Consulting Group on Strategy.
Aimed at executives across all industries, the anthology offers both the now-established wisdom as the company conceived it years ago, as well as more recent thoughts on the state of business. The themes, in many cases, have remained consistent over the decades: Retain competitive advantage, break compromises, realize the value of time, and remain aware of second- and third-order causes.
This cooperation marks the first time a leading aviation company has joined forces with a top tier consultancy to bring to market a new service - a jointly developed artificial intelligence-based system of integrated solutions and tailored, proven tools.
Lesser was elected for a third-year term as its President and Chief Executive Officer, effective October 1, Fueled by this performance, the firm continues to expand its market-leading capabilities to create unique value and advantage for its clients delivered across 50 countries by 16, employees, including more than 1, partners.
The list recognizes "African-American executives, influencers and achievers impacting corporate America. BCG has made the top five for five years in a row and is one of only two companies to be included in the top dozen every year since it began participating in The firm takes a holistic approach across all people processes to create culturally adaptive terms and an inclusive workforce.
BCG also maintains well-established and engaged employee resource networks and has launched a wide range of diversity and inclusion initiatives to connect people across the organization.The people you meet at McKinsey will be your colleagues, mentors, peers and friends.
In fact, our collaborative, supportive culture will make many of the people friends for life. From your first team to our 30,+ member alumni network, the connections you make and the experiences you share will last the rest of your career, wherever it takes you.
Overview In the industry and among its employees, McKinsey & Company is known simply as "The Firm" – need we say more? With 82 offices and around 7, consultants worldwide, McKinsey serves more than two thirds of the Fortune , or 85 of the world's top companies.
McKinsey's founder, James O. McKinsey, pioneered the idea of management consulting when he launched the firm in McKinsey & Company is a global management consulting firm that serves leading businesses, governments, non-governmental organizations, and not-for-profits.
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Why can't I break into finance?” The above quote is a fictionalized, yet all too common plea from those who are on the outside trying to break into the world of finance.
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