Word: bain
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...economy stays strong, he adds, companies such as Bain & Company, Boston Consulting Group, or Goldman Sachs will likely not have any qualms about hiring Early Career MBAs...
Mark Gottfredson, a partner at consultancy Bain & Co., studied that subject at 75 companies in 12 industries and found that as firms became more complicated, growth slowed. Companies lowest in complexity grew 1.7 times as fast as their average competitor, even when taking firm size into account. "Complexity creep is the most natural thing in the world, especially in retail," says Gottfredson. "The challenge is that while every one of those decisions seems to make sense, underneath you start building up enormous amounts of systemic cost...
...Hasty Pudding script, as well as being a member of the Signet Society. “A life in arts is famously rough for most people, especially starting out. It’s a big risk,” he says. Phillips is currently applying to Bain & Company and McKinsey & Company, both premier corporate consulting firms. “I’ve applied to the top places,” he says. “If I get into them, it’ll be worth it for me to do it rather than what I love...
Above all, firms hoping to recruit Harvard undergrads take into account students’ unwillingness to commit to one career path early in life. One page of the Bain brochure states, “Bain will open doors for you,” followed by, “you can pursue your career goals—either in business or in endeavors in the arts, education or public sector.” The implication is that Bain’s associate position acts as a stepping-stone for ambitious students whose long-term goals may not lie in the business...
...founding, TFA appeared on the front page of The New York Times. In the past year, it’s been in articles in the Wall Street Journal, USA Today, and in half a dozen national magazines. And the corps advertises that many investment banks and consulting firms, including Bain, McKinsey, and Morgan Stanley, allow students to defer their jobs instead of turning the dollar down...