Bain & Company is a management consulting firm headquartered in Boston, Massachusetts.
Bain & Company was established in 1973 by seven former partners from the Boston Consulting Group headed by Bill Bain.
Under Bain’s direction, the firm implemented a number of unconventional practices, by traditional consulting standards, in its early years. Notably, Bain would only work with one client per industry to avoid potential conflicts of interest. Part...
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Bain & Company is a management consulting firm headquartered in Boston, Massachusetts.
Bain & Company was established in 1973 by seven former partners from the Boston Consulting Group headed by Bill Bain.
Under Bain’s direction, the firm implemented a number of unconventional practices, by traditional consulting standards, in its early years. Notably, Bain would only work with one client per industry to avoid potential conflicts of interest. Partners did not carry business cards and clients were referred to only in code names, further demonstrating its reputation for enforcing client confidentiality. And the company preferred to win work by boardroom referrals rather than marketing itself, sometimes landing clients by offering several weeks of work at no cost until proving the results of its services. Bain consultants preferred to work on increasing a company’s market value rather than simply handing clients a list of recommendations. To win business, Bain showed clients the increase...
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