Chapter
The Business Model of Bain and Company
59:59 - 1:07:05 (07:06)
Bain and Company's business model included generating all their business from a relationship with the CEO, having someone work alongside the top members of the company, and only working for one company in an industry.
Clips
This episode explores the history of management consulting and the origins of one of the world's most successful companies: the Boston Consulting Group (BCG).
59:59 - 1:01:27 (01:27)
Summary
This episode explores the history of management consulting and the origins of one of the world's most successful companies: the Boston Consulting Group (BCG). It also touches on the differences between BCG and other consulting firms in terms of leadership and business models.
ChapterThe Business Model of Bain and Company
Episode#466: Richard Koch on Mastering the 80/20 Principle, Achieving Unreasonable Success, and The Art of Gambling
PodcastThe Tim Ferriss Show
Bain and Company had a strict code of conduct, only accepting clients with a personal recommendation from the chief executive and assigning their team members to work alongside executives within the client organization, in order to generate all of their business through tight relationships with the top hierarchy of the industry.
1:01:27 - 1:07:05 (05:38)
Summary
Bain and Company had a strict code of conduct, only accepting clients with a personal recommendation from the chief executive and assigning their team members to work alongside executives within the client organization, in order to generate all of their business through tight relationships with the top hierarchy of the industry.