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...Baltimore, he earned a Ph.D. in economics, finance and management from New York University, where he later taught and served as an assistant dean. In business, he had a swift rise; in less than nine years at Commercial Credit Co.-broken by a year and a half at McKinsey & Co., a management consulting firm-he worked up to a senior vice-presidency worth nearly $100,000 a year and was expected to become president. But he wanted to get into public service, and when he was recruited by the Office of Management and Budget in April 1973, he not only...

Author: /time Magazine | Title: THE ADMINISTRATION: The New Man at FEO | 5/6/1974 | See Source »

Another successful recruiter, McKinsey & Company, a consulting firm, rented a floor of a Cambridge motel, where ten of its recruiters met individually with 160 of Harvard's graduates, who were vying for seven $20,000 positions. If a top student expressed a desire to work in a particular city, McKinsey sent him or her there for a look. One student even got a trip to the Paris office. Sea Pines Company, a recreational land developer in Hilton Head Island, S.C., surprised the business schools with a lavish recruiting program, contacting 15% to 20% of the graduates at Harvard...

Author: /time Magazine | Title: Business: Bull Market for M.B.A.s | 8/6/1973 | See Source »

...McKinsey & Company...

Author: /time Magazine | Title: Business: Bull Market for M.B.A.s | 8/6/1973 | See Source »

...McKinsey & Company...

Author: /time Magazine | Title: Business: Bull Market for M.B.A.s | 8/6/1973 | See Source »

...past 18 months, nearly a dozen major consulting firms have changed their chief executives. At McKinsey & Co., the largest, with billings of about $45 million last year, C. Lee Walton Jr. stepped aside last month as managing director after tiring of administrative burdens. At Booz, Allen & Hamilton, the second largest (consulting billings: $18 million), James W. Taylor was fired in January as president over policy disagreements with Chairman Charles Bowen - after the company's stock had fallen from 24 to 5⅛ in three years. At Arthur D. Little, the third largest (billings: nearly $18 million), Howard O. McMahon...

Author: /time Magazine | Title: EXECUTIVES: Consultant, Heal Thyself | 5/21/1973 | See Source »

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