458.Paper.Nii Armar.AUT08

Howeveranassociateconsultantinterviewedforthis

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Unformatted text preview: fees from clients). In addition, it is known for the development and use of a wide variety of rigorous analysis tools including Balanced Scorecard and Activity‐Based Management (ABM). It is also known as a strong implementer of operational concepts, including TQM, Six Sigma, and Supply Chain Management (SCM). Lifestyle, Travel, & Compensation In recent years, Bain has consistently ranked highly in “quality of life” surveys within the industry, receiving a mention in the 2007 edition of Fortune’s 100 Best Companies to Work For list and being recognized by BusinessWeek as of one of the 50 Best Places to Launch a Career (although other top strategy consulting firms were also named). However, an associate consultant interviewed for this report noted that Bain is still a top‐tier consulting firm, and the hours are still long (up to 70 hours) and sometimes grueling. Bain is less travel‐oriented than most of its direct competitors, but employees must still travel frequently. Assignment duration can vary significantly between practices; general practice cases “last...
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