About Bain & Company

Global firm
Founded in 1973, Bain is one of the world's leading consulting firms. The firm's 5,400 consultants help business leaders make the big decisions that will direct their organizations' futures (strategy), and then help them realize those futures (operations, marketing, organization, technology, mergers and acquisitions and sustainability). Bain has worked with more than two-thirds of the Global 500, thousands of notable regional and local organizations, hundreds of non-profits and private equity funds representing 75 percent of global equity capital. With 49 offices in 31 countries, Bain experts work across every economic and industry sector, from media to healthcare to alternative energy. While the firm's client list is a closely guarded secret, word has leaked about some of its prestigious clients, among them the likes of De Beers, Dell, Ford, Charles Schwab, Starbucks, Del Monte and Endeavor.

Measurable results
Bain touts a more practical approach to client engagements than some of its rivals-and it backs those claims up by measuring the results. According to the firm (and attested to by calculations from PricewaterhouseCoopers), its clients' stock prices outperform the market by four to one. Other eye-opening stats from the firm include claims that: Bain's sales and marketing cases deliver on average more than 25 percent revenue growth; Bain-supported merger integrations on average generate 20 percent higher excess shareholder returns; and 85 percent of Bain's performance improvement work produces yields worth more than ten times the fees charged for the work.

Bain states that delivering results is at its core, and as such, its distinctive Results Delivery® foundation is embedded into every Bain engagement. This approach focuses on predicting, measuring and managing risk associated with a change from day one which helps clients realize results more consistently and predictably than their competitors.

Further evidence of the firm's confidence in its ability to produce results can be found in the practice of "tied economics"-something that Bain pioneered. To ensure alignment between a client's goals and the firm's work, Bain often takes equity in lieu of fees-which means that Bain is only successful when its clients are successful. Today, Bain indicates that over 50 percent of its global revenue comes from clients where they have some at-risk work in place.

An entrepreneurial spirit
Bain has fostered its entrepreneurial culture since its founding, when a handful of consultants left one of its competitors to build a new consulting firm founded on the innovative principle of "results, not reports." At the time, Bain's approach was unique in the market-no other major players were attempting to differentiate in that way. That culture, and the transferable skills Bain consultants develop must lend well for those interested in pursuing their own businesses as many Bain alumni go on to be successful entrepreneurs, often after only two or three years of Bain experience. As Bain alum and founder of Pencils of Promise, Adam Braun, said, "If I wanted to start a great nonprofit, it couldn't be run by passion alone. It needed to be run with the same level of diligence, structure and commitment to results that the best for-profits are run with. The best place for me to learn that was working at a top-tier management consulting firm."

Team leads
Bain's chairman, Orit Gadiesh, has been named by Forbesas one of the "The 100 Most Powerful Women in the World" four times. A thirty-five year veteran of the firm, Orit was the first and remains the only female to lead a consulting firm of Bain's size.

Ultimate responsibility for the firm's strategy, team and operations lies with Bain's new worldwide managing director, Bob Bechek, elected in 2011. With over a quarter-of-a-century of experience at Bain, Bechek's client expertise involves working with organizations across the high-tech industry and at the intersection of media and technology. Prior to joining Bain, Bechek started AKR Robotics, Inc. in the United States.

Private equity leader
Bain was the first consulting firm to work with private equity firms, and since then it has worked on half of the largest buyout deals in the last decade. The firm's practice provides fund strategy, sector screening and deal generation, due diligence, portfolio company performance improvement and exit planning for clients. Having carved quite a niche for itself in this area, the firm claims that its private equity practice today is over three times larger than its nearest competitors.

Delivering social impact
Since its founding, Bain has been committed to driving meaningful impact in the social sector, both globally and locally. The firm brings together a formal social impact practice and a global grassroots infrastructure to provide a multi-faceted social impact program that includes casework, community engagement, social sector externships and an ongoing collaboration with The Bridgespan Group, the world's leading non-profit consulting firm incubated by Bain in 2000.

Bain does extensive pro bono and low bono work with high-impact non-profits, with a multi-year, firm-wide commitment to address two of the world's most important social issues - global development and education. In addition, Bain's community engagement efforts enable Bain employees to volunteer in their local communities and lead fundraising drives - many for causes most important to them and enabled by Bain's grassroots offering.

The firm is also committed to helping its corporate clients embed sustainability into their businesses, and leads by example by being certified CarbonNeutral® across its global operations.

IN THE NEWS

August 2012

No. 1-Again
As Consulting magazine exclaimed, "A perfect 10!" For the tenth year in a row, Consultingmagazine ranked Bain in first position on its "Best Firm to Work For" list. The magazine's rankings are based on feedback from consultants who work at the firms.

May 2012

Picking up the Keys
The Washington Postreported on the establishment of a new Bain office in Washington, D.C.-its first in the nation's capitol. The office will be led by Phillip Kleweno, who helped establish Bain's Los Angeles office 15 years ago, before leaving temporarily to serve as CEO for Princess Cruises and Teleflora. The firm is recruiting for the Washington, D.C. office. The move is the latest in the series of new openings for the firm: in the last year or so, Bain has opened new offices in Bangkok, Istanbul, Kuala Lumpur, Perth, Rio de Janeiro and Warsaw.

March 2012

Recruiter Q&A: Bain's Mark Howorth
Bain is hiring at record numbers thanks to the growth in Bain's business across all three of its regions. Bain's head of global recruiting, Mark Howorth, explained to Bloomberg Businessweekthat Bain looks for people who have a track record of creating change. According to Howorth, interviews involve addressing business situations with a logical response that can be implemented.

January 2012

Guess What - I met an Optimist at Davos!
Former Bain Worldwide Managing Director, Steve Ellis, shared his perspective on the global economy from the World Economic Forum. Ellis agrees that we are facing a pretty rough two or three years and that difficult structural reforms will need to be put in place, but also said that there are sound reasons to believe that health will return to the global economy.

November 2011

Consulting's Leading Ladies
Bain partner and mother of three, Julie Coffman, was recognized as one of Consultingmagazine's Women Leaders in Consulting. Coffman credits her success in part to the "incredible" network of mentors and sponsors she has had throughout her career at Bain. One of Coffman's career highlights is the leadership role she played in the Bain pro bono work that helped found a charter school in her local Chicago-a role that gave her the opportunity to combine her private sector experiences with her passion for community and education.

July 31, 2010

How to give it: Jenny Davis-Peccoud
Despite their demanding schedules, Bain people find the time to make a social impact. Bain's senior director of the global organization practice, Jenny Davis-Peccoud, has a passion for combining the power of business and charity sectors to tackle social issues. That is why she has maintained a longstanding relationship with Business Action on Homelessness, an organization which engages corporations to help solve homelessness by linking business methods with the social sector.

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Bain & Company

131 Dartmouth Street
Boston, MA 02116
Phone: (617) 572-2000
Fax: (617) 572-2427

Stats

  • Employer Type: Private
  • Worldwide Managing Director: Bob Bechek
  • 2012 Employees: 5,400

  • Major Departments & Practices
    Corporate Renewal
    Customer Strategy & Marketing
    Information Technology
    Mergers and Acquisitions
    Organization
    Performance Improvement
    Private Equity
    Results DeliverySM
    Strategy

Major Office Locations

  • Melbourne , Australia
  • Sydney, Australia
  • Brussels, Belgium
  • Sao Paulo, Brazil
  • Toronto, Canada
  • Shanghai, China
  • Beijing, China
  • Los Angeles, CA
  • San Francisco, CA
  • Palo Alto, CA
  • Atlanta, GA
  • Chicago, IL
  • Boston, MA
  • New York, NY
  • Dallas, TX
  • Mexico City, Mexico
  • Amsterdam, Netherlands
  • Singapore, Singapore
  • Johannesburg, South Africa
  • Madrid, Spain
  • Stockholm, Sweden
  • London, United Kingdom
  • Paris, France
  • Munich, Germany
  • Dusseldorf, Germany
  • Hong Kong, Hong Kong
  • Milan, Italy
  • Rome, Italy
  • Tokyo, Japan
  • Seoul, South Korea
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