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Serving to companies focus was the intention of BCG’s expansion-share matrix — known as the “$1M framework†since its application on your own could advantage BCG $1M in consumer expenses.
From defining strategic direction to simply serving as yet another pair of hands for outsourced operate, consultants became inextricably associated with the accomplishment of most significant companies.
If your glut of ex-consultants on The work marketplace and “equipment from the trade†in the general public domain were being genuine existential threats, you’d Believe the management consulting business might be shrinking.
That’s not normally a good point. The pattern of getting “Component of the workforce†has landed the two McKinsey and Bain & Company in hot drinking water for insider buying and selling as well as other scandals through the years.
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This company had an on-line presence building info, but lacked leadership or even a eyesight all-around how that on the net existence should perform or how that data could really advantage its core business.