458.Paper.Peter Qu.AUT08

6lekconsulting companyoverview

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Unformatted text preview: for
nearly
20%
of
its
 client
work
(Newman,
2008).

Perhaps
most
notable
is
the
dominance
of
Bain
&
 Company
in
private
equity
practice,
which
the
company
has
participated
in
half
of
all
 global
deals
that
topped
$200
million
in
the
past
five
years
(Newman,
2008).
 Consulting
Styles:
 Bain
&
Company
has
many
advising
capabilities,
such
as
change
management,
corporate
 renewal,
corporate
strategy
and
etc.

In
term
of
strategic
consulting,
Bain
&
Company
 deploys
the
following
tools
(Bain
&
Company,
2008):
 1) Mission
&
Vision:
Help
client
to
build
and
refine
mission
and
vision
statement
 (Bain
&
Company,
2008).
 2) Portfolio
strategy:
Help
client
to
uncover
growth
opportunity
(Bain
&
Company,
 2008).
 3) Role
of
center:
Decide
which
four
models
for
the
role
of
center
best
suits
the
 client
(Bain
&
Company,
2008).
 4) Shareholder
value:
Help
client
to
develop
and
communicate
a
credible
growth
 story
to
external
shareholder
(Bain
&
Company,
2008).
 5) Strategic
planning:
Incorporate
long‐term
perspective
into
strategies
(Bain
&
 Company,
2008).
 In
additional
to
the
“generalist”
approach
to
solving
business
issues,
Bain
&
Company
 has
also
developed
area
of
specialization
in
the
past
decades
(Bain
&
Company,
2008).

 Bain
&
Company
has
consistently
recruit
candidates
from
targeted
industry
to
develop
 its
deep
specialization
in
its
industry
“Practice
Areas”
(Bain
&
Company,
2008).
 Merits
and
De‐Merits:
 As
previously
noted,
Bain
&
Company
has
a
very
strong
dominance
in
advising
M&As
 and
financial
services.

The
deep
expertise
that
Bain
&
Company
has
developed
in
 performing
due
diligence,
IPO
preparation,
portfolio
improvement,
leveraged
buyout
is
 likely
to
continue
to
propel
the
success
of
Bain
&
Company
in
the
M&A
and
financial
 services
sectors.


 In
strategic
consulting,
clients
can
count
on
the
broad
and
deep
industry
expertise
of
 Bain
&
Company.

Bain
&
Company
provides
advisory
services
to
thirteen
different
 industries,
ranging
from
automotive
to
telecommunications
(Bain
&
Company,
2008).
 Within
each
industry,
Bain
&
Company
recruit
consults
with
industry
experience
to
 develop
deep
specialization
(Bain
&
Company,
2008).
 Insider’s
View:
 Consultants
at
Bain
&
Company
described
the
firm’s
culture
as
“young,
fun,
outgoing
 and
friendly”
(Newman,
2008).

The
company
places
a
strong
emphasis
to
combat
job‐ related
stress
and
set
aside
significant
downtime
after
lengthy
assignment
to
help
 consultants
recover.

Most
consultants
do
not
have
to
work
over
weekend,
and
most
 meetings
are
scheduled
far
ahead
to
provide
more
visibility
in
planning
(Newman,
2008).


 Performance:
 
 Bain
&
Company
brought
in
$1.9
billion
in
revenue
for
2007
(Bain
&
Company,
2008).
...
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