Boston Consulting Group - AbsoluteAstronomy.com

The Boston Consulting Group (BCG) is a global management consulting

Management consulting

Management consulting indicates both the industry and practice of helping organizations improve their performance primarily through the analysis of existing organizational problems and development of plans for improvement....

firm with offices in 42 countries. It is recognized as one of the most prestigious management consulting firms in the world. It is one of only three companies to appear in the top 15 of Fortune

Fortune (magazine)

Fortune is a global business magazine published by Time Inc. Founded by Henry Luce in 1930, the publishing business, consisting of Time, Life, Fortune, and Sports Illustrated, grew to become Time Warner. In turn, AOL grew as it acquired Time Warner in 2000 when Time Warner was the world's largest...

s "Best Companies to Work For" report for six consecutive years. In the most recent list, BCG is listed as the 2nd best company to work for, and is the only top-tier consulting firm to appear in the top 100 according to Fortune. BCG is also the only firm to have been listed every year in Consulting Magazines "Best Firms to Work For" list, since the magazine's inception in 2001.

The company was formed by Bruce D. Henderson

Bruce Henderson

Bruce Doolin Henderson was the founder of the Boston Consulting Group . Henderson founded BCG in 1963 in Boston, Massachusetts.- Biography :...

, a Vanderbilt and Harvard Business School alumnus. After many years in the purchasing department of Westinghouse in Pittsburgh (where pricing behavior gave him the idea of the experience curve), he joined Arthur D. Little

Arthur D. Little

Arthur D. Little is an international management consulting firm originally headquartered in Boston, Massachusetts, United States, and formally incorporated by that name in 1909 by Arthur Dehon Little, an MIT chemist who had discovered acetate. Arthur D. Little pioneered the concept of contracted...

in Cambridge, MA. He was then recruited by The Boston Company, where he founded a one-man, one-telephone consulting unit he named Boston Consulting Group.
In 1975, Henderson arranged an employee stock ownership plan, and employees took the company independent from The Boston Company. The buyout of all shares was completed in 1979.

"Growth-share matrix"

In 1968, BCG created the "growth-share matrix", a simple chart to assist large corporations in deciding how to allocate cash among their business units. The corporation would categorize its business units as "Stars", "Cash Cows", "Question Marks", and "Dogs" (originally "Pets"), and then allocate cash accordingly, moving money from "cash cows" toward "stars" and "question marks" that had higher market growth rates, and hence higher upside potential.

"Experience curve"

The experience curve illustrates that the more often a task is performed the lower will be the cost of doing it. The task can be the production of any good or service. Each time cumulative volume doubles, value-added costs (including administration, marketing, distribution, and manufacturing) fall by a constant and predictable percentage.

In the late 1960s, Bruce Henderson expounded the implications of the experience curve for strategy. BCG research concluded that because relatively low cost of operations is a very powerful strategic advantage, firms should capitalize on these learning and experience effects.

Advantage matrix

In this matrix, the two axes are economies of scale

Economies of scale

Economies of scale, in microeconomics, refers to the cost advantages that an enterprise obtains due to expansion. There are factors that cause a producer’s average cost per unit to fall as the scale of output is increased. "Economies of scale" is a long run concept and refers to reductions in unit...

and differentiation

Product differentiation

In economics and marketing, product differentiation is the process of distinguishing a product or offering from others, to make it more attractive to a particular target market. This involves differentiating it from competitors' products as well as a firm's own product offerings...

. The four quadrants formed are called "Volume", "Stalemated", "Specialized", and "Fragmented".

Publications

Harold L. Sirkin
Harold L. Sirkin
Harold "Hal" L. Sirkin is an American business consultant and author, who often writes about trends in innovation and global business competition.-Career:...

, James W. Hemerling and Arindam K. Bhattacharya. Globality: Competing with Everyone from Everywhere for Everything 2008.
Carl W. Stern and Michael S. Deimler: The Boston Consulting Group on Strategy 2006. A collection of articles on strategy and management
James P. Andrew and Harold L. Sirkin
Harold L. Sirkin
Harold "Hal" L. Sirkin is an American business consultant and author, who often writes about trends in innovation and global business competition.-Career:...

: Payback – Reaping the Rewards of Innovation Harvard Business School Press 2006
Michael J. Silverstein with John Butman: Treasure Hunt – Inside the Mind of the New Consumer 2006.
Michael J. Silverstein and Neil Fiske
Neil Fiske
Neil Fiske is President, Chief Executive Officer, and Director of Eddie Bauer Holdings, Inc. He has had over 18 years experience in the retail and related industries....

: Trading Up – Why Consumers Want New Luxury Goods and How Companies Create Them 2003
Jeanie Daniel Duck: The Change Monster – The Human Forces that Fuel or Foil Corporate Transformation and Change 2002.
Tiha von Ghyczy and Bolko von Oetinger: Clausewitz on Strategy 2001.
Philip Evans and Thomas S. Wurster: Blown to Bits – How the New Economics of Information Transforms Strategy 2000.

Recruiting

BCG typically hires for Associate or Consultant positions. While so called "lateral hires" as Project Leader, Principal or Partner are possible, they are not the norm. In the United States, BCG recruits undergraduates to join as Associates from about a dozen institutions. Top-performing Associates receive sponsorship to pursue an MBA, returning to BCG upon completion. Some Associates advance to Consultant and beyond without obtaining an MBA, but the vast majority of Associates attend business school. A few complete JDs, MD and other graduate degrees at various institutions (called ADCs for Advance Degrees Consultants). BCG also makes large efforts to hire advanced non-business degree holders. Graduates holding J.D.s, M.D.s and Ph.D.s in disciplines like engineering, science, and liberal arts receive training in business fundamentals and then typically join the firm as Consultants although this varies between different geographies. There is also an opportunity to join as a Summer Associate or Summer Consultant (internship) position for 10 weeks, which for many interns will result in an offer of a full-time position.

Like most consulting firms, BCG uses a modified version of the Cravath System

Cravath System

The Cravath System is a hiring practice developed at Cravath, Swaine & Moore in the 19th Century. It has been partially adapted by most large law firms and consulting agencies.- System :...

(aka "up or out").

Asia-Pacific

Auckland

The Auckland metropolitan area , in the North Island of New Zealand, is the largest and most populous urban area in the country with residents, percent of the country's population. Auckland also has the largest Polynesian population of any city in the world...

founded in 1990

Bangkok

Bangkok is the capital and largest urban area city in Thailand. It is known in Thai as Krung Thep Maha Nakhon or simply Krung Thep , meaning "city of angels." The full name of Bangkok is Krung Thep Mahanakhon Amon Rattanakosin Mahintharayutthaya Mahadilok Phop Noppharat Ratchathani Burirom...

founded in 1994

Beijing founded in 2001

Canberra

Canberra is the capital city of Australia. With a population of over 345,000, it is Australia's largest inland city and the eighth-largest city overall. The city is located at the northern end of the Australian Capital Territory , south-west of Sydney, and north-east of Melbourne...

founded in 2010

Hong Kong founded in 1990

Jakarta

Jakarta is the capital and largest city of Indonesia. Officially known as the Special Capital Territory of Jakarta, it is located on the northwest coast of Java, has an area of , and a population of 9,580,000. Jakarta is the country's economic, cultural and political centre...

founded in 1995

Kuala Lumpur

Kuala Lumpur is the capital and the second largest city in Malaysia by population. The city proper, making up an area of , has a population of 1.4 million as of 2010. Greater Kuala Lumpur, also known as the Klang Valley, is an urban agglomeration of 7.2 million...

founded in 1992

Melbourne

Melbourne is the capital and most populous city in the state of Victoria, and the second most populous city in Australia. The Melbourne City Centre is the hub of the greater metropolitan area and the Census statistical division—of which "Melbourne" is the common name. As of June 2009, the greater...

founded in 1990

Mumbai

Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...

founded in 1996

Nagoya founded in 2002

New Delhi founded in 2002

Perth

Perth, Western Australia

Perth is the capital and largest city of the Australian state of Western Australia and the fourth most populous city in Australia. The Perth metropolitan area has an estimated population of almost 1,700,000....

founded in 2010

Seoul

Seoul , officially the Seoul Special City, is the capital and largest metropolis of South Korea. A megacity with a population of over 10 million, it is the largest city proper in the OECD developed world...

founded in 1995

Shanghai founded in 1993

Singapore

Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...

founded in 1995

Sydney founded in 1990

Taipei

Taipei City is the capital of the Republic of China and the central city of the largest metropolitan area of Taiwan. Situated at the northern tip of the island, Taipei is located on the Tamsui River, and is about 25 km southwest of Keelung, its port on the Pacific Ocean...

founded in 2003

Tokyo founded in 1966

Europe, Middle East and Africa

Abu Dhabi

Abu Dhabi , literally Father of Gazelle, is the capital and the second largest city of the United Arab Emirates in terms of population and the largest of the seven member emirates of the United Arab Emirates. Abu Dhabi lies on a T-shaped island jutting into the Persian Gulf from the central western...

founded in 2007

Amsterdam

Amsterdam is the largest city and the capital of the Netherlands. The current position of Amsterdam as capital city of the Kingdom of the Netherlands is governed by the constitution of August 24, 1815 and its successors. Amsterdam has a population of 783,364 within city limits, an urban population...

founded in 1993

Athens

Athens , is the capital and largest city of Greece. Athens dominates the Attica region and is one of the world's oldest cities, as its recorded history spans around 3,400 years. Classical Athens was a powerful city-state...

founded in 2001

Barcelona

Barcelona is the second largest city in Spain after Madrid, and the capital of Catalonia, with a population of 1,621,537 within its administrative limits on a land area of...

founded in 2002

Berlin founded in 1999

Brussels

Brussels , officially the Brussels Region or Brussels-Capital Region , is the capital of Belgium and the de facto capital of the European Union...

founded in 1993

Budapest

Budapest is the capital of Hungary. As the largest city of Hungary, it is the country's principal political, cultural, commercial, industrial, and transportation centre. In 2011, Budapest had 1,733,685 inhabitants, down from its 1989 peak of 2,113,645 due to suburbanization. The Budapest Commuter...

founded in 1997

Casablanca

Casablanca is a city in western Morocco, located on the Atlantic Ocean. It is the capital of the Grand Casablanca region.Casablanca is Morocco's largest city as well as its chief port. It is also the biggest city in the Maghreb. The 2004 census recorded a population of 2,949,805 in the prefecture...

founded in 2010

Cologne

Cologne is Germany's fourth-largest city , and is the largest city both in the Germany Federal State of North Rhine-Westphalia and within the Rhine-Ruhr Metropolitan Area, one of the major European metropolitan areas with more than ten million inhabitants.Cologne is located on both sides of the...

founded in 2001

Copenhagen

Copenhagen is the capital and largest city of Denmark, with an urban population of 1,199,224 and a metropolitan population of 1,930,260 . With the completion of the transnational Øresund Bridge in 2000, Copenhagen has become the centre of the increasingly integrating Øresund Region...

founded in 1998

Dubai

Dubai is a city and emirate in the United Arab Emirates . The emirate is located south of the Persian Gulf on the Arabian Peninsula and has the largest population with the second-largest land territory by area of all the emirates, after Abu Dhabi...

founded in 2007

Düsseldorf

Düsseldorf is the capital city of the German state of North Rhine-Westphalia and centre of the Rhine-Ruhr metropolitan region.Düsseldorf is an important international business and financial centre and renowned for its fashion and trade fairs. Located centrally within the European Megalopolis, the...

founded in 1982

Frankfurt

Frankfurt am Main , commonly known simply as Frankfurt, is the largest city in the German state of Hesse and the fifth-largest city in Germany, with a 2010 population of 688,249. The urban area had an estimated population of 2,300,000 in 2010...

founded in 1991

Hamburg

-History:The first historic name for the city was, according to Claudius Ptolemy's reports, Treva.But the city takes its modern name, Hamburg, from the first permanent building on the site, a castle whose construction was ordered by the Emperor Charlemagne in AD 808...

founded in 1994

Helsinki

Helsinki is the capital and largest city in Finland. It is in the region of Uusimaa, located in southern Finland, on the shore of the Gulf of Finland, an arm of the Baltic Sea. The population of the city of Helsinki is , making it by far the most populous municipality in Finland. Helsinki is...

founded in 1995

Istanbul

Istanbul , historically known as Byzantium and Constantinople , is the largest city of Turkey. Istanbul metropolitan province had 13.26 million people living in it as of December, 2010, which is 18% of Turkey's population and the 3rd largest metropolitan area in Europe after London and...

founded in 2003 closed in 2005, and re-opened in 2010

Johannesburg

Johannesburg also known as Jozi, Jo'burg or Egoli, is the largest city in South Africa, by population. Johannesburg is the provincial capital of Gauteng, the wealthiest province in South Africa, having the largest economy of any metropolitan region in Sub-Saharan Africa...

founded in 2011

Kiev

Kiev or Kyiv is the capital and the largest city of Ukraine, located in the north central part of the country on the Dnieper River. The population as of the 2001 census was 2,611,300. However, higher numbers have been cited in the press....

founded in 2007

Lisbon

Lisbon is the capital city and largest city of Portugal with a population of 545,245 within its administrative limits on a land area of . The urban area of Lisbon extends beyond the administrative city limits with a population of 3 million on an area of , making it the 9th most populous urban...

founded in 1995

London founded in 1970

Madrid

Madrid is the capital and largest city of Spain. The population of the city is roughly 3.3 million and the entire population of the Madrid metropolitan area is calculated to be 6.271 million. It is the third largest city in the European Union, after London and Berlin, and its metropolitan...

founded in 1987

Milan

Milan is the second-largest city in Italy and the capital city of the region of Lombardy and of the province of Milan. The city proper has a population of about 1.3 million, while its urban area, roughly coinciding with its administrative province and the bordering Province of Monza and Brianza ,...

founded in 1986

Moscow founded in 1994

Munich

Munich The city's motto is "" . Before 2006, it was "Weltstadt mit Herz" . Its native name, , is derived from the Old High German Munichen, meaning "by the monks' place". The city's name derives from the monks of the Benedictine order who founded the city; hence the monk depicted on the city's coat...

founded in 1975, European headquarters

Oslo

Oslo is a municipality, as well as the capital and most populous city in Norway. As a municipality , it was established on 1 January 1838. Founded around 1048 by King Harald III of Norway, the city was largely destroyed by fire in 1624. The city was moved under the reign of Denmark–Norway's King...

founded in 1996

Paris founded in 1972

Prague

Prague is the capital and largest city of the Czech Republic. Situated in the north-west of the country on the Vltava river, the city is home to about 1.3 million people, while its metropolitan area is estimated to have a population of over 2.3 million...

founded in 2004

Rome founded in 2001

Stockholm

Stockholm is the capital and the largest city of Sweden and constitutes the most populated urban area in Scandinavia. Stockholm is the most populous city in Sweden, with a population of 851,155 in the municipality , 1.37 million in the urban area , and around 2.1 million in the metropolitan area...

founded in 1988

Stuttgart

Stuttgart is the capital of the state of Baden-Württemberg in southern Germany. The sixth-largest city in Germany, Stuttgart has a population of 600,038 while the metropolitan area has a population of 5.3 million ....

founded in 1997

Tel Aviv

Tel Aviv , officially Tel Aviv-Yafo , is the second most populous city in Israel, with a population of 404,400 on a land area of . The city is located on the Israeli Mediterranean coastline in west-central Israel. It is the largest and most populous city in the metropolitan area of Gush Dan, with...

founded in 2010

Vienna

Vienna is the capital and largest city of the Republic of Austria and one of the nine states of Austria. Vienna is Austria's primary city, with a population of about 1.723 million , and is by far the largest city in Austria, as well as its cultural, economic, and political centre...

founded in 1997

Warsaw

Warsaw is the capital and largest city of Poland. It is located on the Vistula River, roughly from the Baltic Sea and from the Carpathian Mountains. Its population in 2010 was estimated at 1,716,855 residents with a greater metropolitan area of 2,631,902 residents, making Warsaw the 10th most...

founded in 1997

Zürich

Zurich is the largest city in Switzerland and the capital of the canton of Zurich. It is located in central Switzerland at the northwestern tip of Lake Zurich...

founded in 1989

The Americas

Atlanta founded in 1995

Boston

Boston is the capital of and largest city in Massachusetts, and is one of the oldest cities in the United States. The largest city in New England, Boston is regarded as the unofficial "Capital of New England" for its economic and cultural impact on the entire New England region. The city proper had...

founded in 1963, Global Headquarters

Buenos Aires

Buenos Aires is the capital and largest city of Argentina, and the second-largest metropolitan area in South America, after São Paulo. It is located on the western shore of the estuary of the Río de la Plata, on the southeastern coast of the South American continent...

founded in 1995

Chicago founded in 1979

Dallas founded in 1994

Detroit founded in 2005

Houston founded in 2003

Los Angeles founded in 1982

Mexico City founded in 1998

Miami founded in 2003

Minneapolis founded in 2007

Monterrey

Monterrey , is the capital city of the northeastern state of Nuevo León in the country of Mexico. The city is anchor to the third-largest metropolitan area in Mexico and is ranked as the ninth-largest city in the nation. Monterrey serves as a commercial center in the north of the country and is the...

founded in 1993

New Jersey

New Jersey is a state in the Northeastern and Middle Atlantic regions of the United States. , its population was 8,791,894. It is bordered on the north and east by the state of New York, on the southeast and south by the Atlantic Ocean, on the west by Pennsylvania and on the southwest by Delaware...

founded in 2006

New York founded in 1984

Philadelphia founded in 2007

San Francisco founded in 1974

Santiago

Santiago, Chile

Santiago , also known as Santiago de Chile, is the capital and largest city of Chile, and the center of its largest conurbation . It is located in the country's central valley, at an elevation of above mean sea level...

founded in 2002

São Paulo

São Paulo is the largest city in Brazil, the largest city in the southern hemisphere and South America, and the world's seventh largest city by population. The metropolis is anchor to the São Paulo metropolitan area, ranked as the second-most populous metropolitan area in the Americas and among...

founded in 1997

Toronto founded in 1993

Washington, D.C.

Washington, D.C., formally the District of Columbia and commonly referred to as Washington, "the District", or simply D.C., is the capital of the United States. On July 16, 1790, the United States Congress approved the creation of a permanent national capital as permitted by the U.S. Constitution....

founded in 1996

Competitors

Four primary competitors provide strategy services to Fortune 500 entities: The Boston Consulting Group, Bain & Company

Bain & Company

Bain & Company is a global management consulting firm headquartered in Boston, Massachusetts. Bain is considered one of the most prestigious consulting firms in the world, with 47 offices in 30 countries and over 5,500 professionals on staff globally...

, Booz & Company

Booz & Company

Booz & Company is a global management consulting firm established in the United States in 1914. It is recognized as one of the most prestigious management consulting firms in the world and one of the best consulting firms to work for by Consulting Magazine...

and McKinsey & Company

McKinsey & Company

McKinsey & Company, Inc. is a global management consulting firm that focuses on solving issues of concern to senior management. McKinsey serves as an adviser to many businesses, governments, and institutions...

. BCG also competes with other large strategy consulting firms such as Roland Berger Strategy Consultants

Roland Berger Strategy Consultants

Roland Berger Strategy Consultants is a global strategy consulting firm headquartered in Munich, with 43 offices in 31 countries. Roland Berger Strategy Consultants was founded in 1967 by Prof. Roland Berger...

, Oliver Wyman

Oliver Wyman

Oliver Wyman is an international management consulting firm. Founded in 1984, the firm adopted its current form in May 2007, when Mercer Oliver Wyman joined with Mercer Management Consulting and Mercer Delta to become one firm named Oliver Wyman. Oliver Wyman is headquartered in New York City with...

, A.T. Kearney

A.T. Kearney

A.T. Kearney is a global management consulting firm, focusing on strategic and operational CEO-agenda concerns. It was founded in 1926, and its head office is in Chicago, Illinois...

and Monitor Group

Monitor Group

Monitor Group is a global management consulting firm headquartered in Cambridge, Massachusetts, United States and with 27 offices in 26 major cities around the world. It provides strategy consultation services to the senior management of organizations and governments...

Business

Jeff Immelt – CEO of General Electric
General Electric
General Electric Company , or GE, is an American multinational conglomerate corporation incorporated in Schenectady, New York and headquartered in Fairfield, Connecticut, United States...
Indra Nooyi
Indra Nooyi
Indra Krishnamurthy Nooyi is an Indian-born American business executive. She is the current Chairman and Chief Executive Officer of PepsiCo, the second largest food & beverage business in the world ....

– CEO of Pepsi
Pepsi
Pepsi is a carbonated soft drink that is produced and manufactured by PepsiCo...
George David
George David
George David is the former Chairman and Chief Executive Officer of United Technologies Corporation. David was elected UTC’s President in 1992 and Chief Executive Officer in 1994. He joined UTC’s Otis Elevator subsidiary in 1975 and became its President in 1986.-Life and career:David was born in...

– Former Chairman and CEO of United Technologies
United Technologies Corporation
United Technologies Corporation is an American multinational conglomerate headquartered in the United Technologies Building in Hartford, Connecticut...
Stefan Quandt
Stefan Quandt
Stefan Quandt is a German engineer and industrialist. He is ranked as the 72nd richest person in the world in the Forbes list of billionaires, who put his personal wealth at $10.7 billion...

– Owner of Delton AG
Delton AG
DELTON AG is a strategic management holding company that manages value creating business activities in the sectors of pharmaceuticals, household products and logistics....
Andy Hornby
Andy Hornby
Andy Hornby is an English businessman, notable for having been the Group Chief Executive of HBOS at the time of its government-facilitated rescue by Lloyds TSB...

– CEO of Alliance Boots
Alliance Boots
Alliance Boots GmbH is a leading international, pharmacy-led health and beauty group. It has two core business activities - pharmacy-led health and beauty retailing, and pharmaceutical wholesaling and distribution - and has a presence in more than 25 countries...

, former CEO of HBOS plc
Neil Fiske
Neil Fiske
Neil Fiske is President, Chief Executive Officer, and Director of Eddie Bauer Holdings, Inc. He has had over 18 years experience in the retail and related industries....

– CEO of Eddie Bauer
Eddie Bauer
Eddie Bauer Holdings Inc. is a holding company that operates the Eddie Bauer clothing store chain, headquartered in Bellevue, Washington, United States. EBH was formed after Eddie Bauer's former parent company, Spiegel, Inc., went bankrupt in 2003...

, co-author of Treasure Hunt: Inside the Mind of the New Consumer
Michael Dornemann – Chairman & CEO of Bertelsmann Entertainment
Bertelsmann
Bertelsmann AG is a multinational media corporation founded in 1835, based in Gütersloh, Germany. The company operates in 63 countries and employs 102,983 workers , which makes it the most international media corporation in the world. In 2008 the company reported a €16.118 billion consolidated...
Bill Bain
Bill Bain (consultant)
William Worthington "Bill" Bain, Jr. is a management consultant, known for his role as one of the founders of the management consultancy that bears his name, Bain & Company. Prior to founding Bain & Company, Bill Bain was a Vice-President at the Boston Consulting Group .- Biography :William Bain...

– Founder of Bain & Co.
Roland Berger
Roland Berger
-References:...

– Founder of Roland Berger Strategy Consultants
Roland Berger Strategy Consultants
Roland Berger Strategy Consultants is a global strategy consulting firm headquartered in Munich, with 43 offices in 31 countries. Roland Berger Strategy Consultants was founded in 1967 by Prof. Roland Berger...

, Advisory Board of The Blackstone Group
Jim Whitehurst
Jim Whitehurst
Jim Whitehurst is the Chief Executive Officer at Red Hat. Prior to that, he was a Chief Operating Officer of Delta Air Lines. Whitehurst was tapped by former Delta CEO Gerald Grinstein to lead the airline out of bankruptcy and played a critical role in Delta's battle for survival against the...

– CEO of Red Hat
Red Hat
Red Hat, Inc. is an S&P 500 company in the free and open source software sector, and a major Linux distribution vendor. Founded in 1993, Red Hat has its corporate headquarters in Raleigh, North Carolina with satellite offices worldwide....

, former COO of Delta Air Lines
Delta Air Lines
Delta Air Lines, Inc. is a major airline based in the United States and headquartered in Atlanta, Georgia. The airline operates an extensive domestic and international network serving all continents except Antarctica. Delta and its subsidiaries operate over 4,000 flights every day...
Gerald Corbett
Gerald Corbett
Gerald Corbett is a businessman in the United Kingdom. Since 2005 he has been Chairman of SSL International plc and Britvic plc. Britvic is one of the two leading soft drinks companies in Britain whose major brands include Robinsons, Tango, Pepsi, Fruit Shoot and J20...

– CEO of Railtrack
Railtrack
Railtrack was a group of companies that owned the track, signalling, tunnels, bridges, level crossings and all but a handful of the stations of the British railway system from its formation in April 1994 until 2002...
Mauricio González Sfeir
Mauricio Gonzalez Sfeir
For the Mexican distance runner with the same name see Mauricio González Mauricio González Sfeir is a petroleum company executive and president of the Bolivian professional football team La Paz F.C.. Mr...

– Former President of YPFB
YPFB
Yacimientos Petrolíferos Fiscales Bolivianos is the state-owned petrol company of Bolivia.-History:YPFB was created in 1936 as a state-owned and run petrol company. During the first presidency of Gonzalo Sánchez de Lozada, capitalized oil companies were formed from YPFB properties under the...

, Former Secretary of Energy of Bolivia
Bolivia
Bolivia officially known as Plurinational State of Bolivia , is a landlocked country in central South America. It is the poorest country in South America...

, owner of La Paz F.C.
La Paz F.C.
La Paz Fútbol Club, also known as La Paz F.C., is a professional football team from La Paz, currently playing in the Bolivian First Division Liga de Fútbol Profesional Boliviano. Formerly known as Atlético González, the team gained promotion to the First Division in 2003 .-History:La Paz F.C...
Jim Koch – Founder, CEO, & Brewmaster of Boston Beer Company
Boston Beer Company
Samuel Adams is an American brand of beer brewed by the Boston Beer Company and its associated contract brewers. The company was founded in 1984 by Jim Koch, Harry M. Rubin, and Lorenzo Lamadrid in Boston, Massachusetts, USA...
Dean Nelson – Chairman of Primedia
Primedia
PRIMEDIA Inc. is privately held American media company fully owned by TPG Capital.Consumer Source Inc. is the sole operating division of PRIMEDIA and helps millions of consumers find apartments, houses for rent, and new homes for sale through its Internet, mobile, and print products...
Bruce Buchanan – CEO of Jetstar Airways
Jetstar Airways
Jetstar Airways is an Australian low-cost airline headquartered in Melbourne, Australia. It is a subsidiary of Qantas, created in response to the threat posed by low-cost airline Virgin Blue...
Martin Halusa – CEO of Apax Partners
Apax Partners
Apax Partners LLP is a global private equity and venture capital firm, headquartered in London. The company also operates out of eight other offices in New York, Hong Kong, Mumbai, Tel-Aviv, Madrid, Stockholm, Milan and Munich. The firm, including its various predecessors, have raised...
Steve Hafner – Co-founder and CEO of Kayak.com
Kayak.com
KAYAK is a technology company providing online travel tools through its global family of websites and mobile applications. Started by cofounders of Expedia, Orbitz, and Travelocity, KAYAK allows users to compare information from hundreds of other travel websites in one display when booking travel...

, co-founder and former CEO of Orbitz
Orbitz
Orbitz Worldwide, Inc. is an Internet travel company headquartered in the Citigroup Center in Near West Side, Chicago, Illinois. Through its primary web site Orbitz.com, Orbitz Worldwide enables travelers to research, plan and book a broad range of travel products, facilitating 1.5 million flight...
Ahmed Fahour
Ahmed Fahour
Ahmed Fahour is a business executive currently serving as the Managing Director and CEO of Australia Post and was formerly the Chief Executive Officer of the Australian operations of the National Australia Bank .- Early life and career :...

– CEO of Australia Post
Australia Post
Australia Post is the trading name of the Australian Government-owned Australian Postal Corporation .-History:...
Andreas Jacobs
Andreas Jacobs
W. Andreas Jacobs is a Bremen-born entrepreneur who lives in Germany and is a German national. - Biography :Jacobs, the son of billionaire Klaus Johann Jacobs is descended from a house that dates back over 900 years. He attended the University of Freiburg, University of Munich and later Montpellier...

– Chairman of Barry Callebaut
Barry Callebaut
Barry Callebaut is the world's largest chocolate manufacturer.It was created in 1996 through the merging of the Belgian chocolate producer Callebaut and the French company Cacao Barry. It is currently based in Zurich, Switzerland, and operates in 26 countries worldwide...
Jean-Christophe Babin – CEO of TAG Heuer
TAG Heuer
TAG Heuer is a Swiss luxury watchmaker known for its sports watches and chronographs. It is a division of luxury goods company LVMH Moët Hennessy • Louis Vuitton. The company motto is "Swiss Avant-Garde Since 1860"...
John Replogle
John Replogle
John Replogle is the President and CEO of Seventh Generation Inc., a U.S.-based, consumer product company.- Life and career :Replogle earned an A.B. in government from Dartmouth College in 1988. While a student at Dartmouth, he served as student body president and was a member of Bones Gate...

– President and CEO of Burt's Bees
Burt's Bees
Burt's Bees is an American personal care products company that describes itself as an "Earth friendly, Natural Personal Care Company"making products for personal care, health, beauty, and personal hygiene...
Alan Tripp
Alan Tripp
Alan Harvey Tripp is an American entrepreneur who has successfully founded several private education companies, including SCORE! Educational Centers and InsideTrack, the college student coaching company he founded with...

– Founder of SCORE! Educational Centers
SCORE! Educational Centers
SCORE! Educational Centers , was owned by Kaplan, Inc., which is a subsidiary of the Washington Post Company, and was a United States provider of customized supplementary education and one-on-three tutoring services for children in kindergarten through ninth grade...

and InsideTrack
InsideTrack
InsideTrack is an education services company that provides coaching services to college students. The company employs hundreds of coaches whose function is to work with students in order to to encourage them to remain enrolled through graduation...
Michael A. Carpenter – Chairman of Southgate Alternative Investments, former CEO of Salomon Smith Barney
Michael R. Eisenson
Michael R. Eisenson
Michael R. Eisenson is co-founder, managing director and chief executive officer of Charlesbank Capital Partners, LLC, a private equity investment firm based in Boston and New York....

– co-founder of Charlesbank Capital Partners
Charlesbank Capital Partners
Charlesbank Capital Partners is a private equity investment firm focusing on leveraged buyout transactions involving middle-market companies.The founders of Charlesbank came together in 1991 as Harvard Private Capital Group to manage the private equity investment portfolio for Harvard Management...

, former managing director of the Harvard Management Company
Harvard Management Company
Harvard Management Company or HMC is an American investment management corporation wholly owned subsidiary of Harvard University, charged with managing the university's endowment, pension assets, working capital, and non-cash gifts...
Bill Browder – Co-founder of Hermitage Capital Management
Hermitage Capital Management
Hermitage Capital Management is an investment fund and asset management company specializing in Russian markets founded by Bill Browder and Edmond Safra...
Shikhar Ghosh
Shikhar Ghosh
Shikhar Ghosh is the MBA Class of 1961 Senior Lecturer in the Entrepreneurial Management Unit at the Harvard Business School. He teaches an MBA course called The Entrepreneurial Manager. Shikhar has been a successful entrepreneur for the last 20 years...

– Serial Entrepreneur, MBA Class of 1961 Senior Lecturer at Harvard Business School
John Paulson
John Paulson
John Alfred Paulson is an American hedge fund manager, he is the founder and President of Paulson & Co., a New York-based hedge fund....

– Founder of Paulson & Co, a New York-based hedge fund
Gary M. Reiner
Gary M. Reiner
Gary M. Reiner was Senior Vice President and Chief Information Officer of General Electric, a position he had held since 1996. Reiner joined GE in 1991 as Vice President-Corporate Business Development where he was responsible for evaluating new business ideas and acquisitions, strategic planning,...

– SVP and CIO of General Electric
General Electric
General Electric Company , or GE, is an American multinational conglomerate corporation incorporated in Schenectady, New York and headquartered in Fairfield, Connecticut, United States...
George Barkley
George Barkley
George Philip Barkley is an American executive consultant, investment banker and fondsmanager. He is also a former CEO of the Blackstone Group...

- Former CEO and investment banker
Harold L. Sirkin
Harold L. Sirkin
Harold "Hal" L. Sirkin is an American business consultant and author, who often writes about trends in innovation and global business competition.-Career:...

– Author of several business books, including Payback: Reaping the Rewards of Innovation and GLOBALITY: Competing with Everyone from Everywhere for Everything
Michael J. Silverstein – Author of several bestselling business books, including Trading Up: The New American Luxury and Treasure Hunt: Inside the Mind of the New Consumer
John Ho – Former Asia chief of The Children's Investment Fund
Jan Koeppen – COO of News Corporation
News Corporation
News Corporation or News Corp. is an American multinational media conglomerate. It is the world's second-largest media conglomerate as of 2011 in terms of revenue, and the world's third largest in entertainment as of 2009, although the BBC remains the world's largest broadcaster...

Europe and Asia
Peter Balnaves – CTO of CVS Caremark
CVS Caremark
CVS Caremark Corporation is an integrated pharmacy services provider, combining a United States pharmaceutical services company with a U.S. pharmacy chain...
Mehmet Subasi – Founder & CEO of Vodaco
Philip Hulme
Philip Hulme
Philip William Hulme is the co-founder of Computacenter, one of the United Kingdom's largest computer businesses.- Career :Having graduated at Imperial College, London with a first class degree in engineering, Philip Hulme secured a Harkness Fellowship and joined the MBA Programme at Harvard...

– Founder of Computacenter
Computacenter
Computacenter plc is the parent company of a group of European companies which provide computer services to public and private sector customers. Despite the spelling of the word "center", it is a UK company based in Hatfield, Hertfordshire. Its competitors include Fujitsu, Getronics, Capgemini and...
Ariane de Bonvoisin
Ariane de Bonvoisin
Ariane de Bonvoisin is an author, entrepreneur and an expert on change. She is the founder and CEO of The First 30 Days, Inc, parent company of First30Days.com, a website for helping people make changes in their lives...

– Author of The First 30 Days: Your Guide to Any Change (And Loving Your Life More)
Austin Ligon
Austin Ligon
William Austin Ligon is the co-founder and retired CEO of CarMax, Inc. He retired in June 2006, and is now a private angel-stage investor. Among his recent investments are Gazelle.com; Redfin.com; Zigmo; Café Caturra; and MotorExchange India....

– Co-Founder, Retired CEO CarMax
CarMax
CarMax is the United States' largest used-car retailer and a Fortune 500 company. The first CarMax used car auto superstore was opened in September 1993. In the fiscal year ending February 28, 2009, more than 350,000 cars were sold; as of August 2010 the company has 103 locations.- Concept :The...
Pahala N. Mansury – EVP Coordinator Finance & Strategy and CFO, Bank Mandiri
Bank Mandiri
Bank Mandiri , headquartered in Jakarta, is the largest bank in Indonesia in term of assets, loans and deposits. Total assets as of Q2 2010 were IDR 402.1 trillion . It also has Capital Adequacy Ratio of 23% , Return on Asset of 0.71 %, and Return on Equity of 7.38 %...

Politics and public service

Benjamin Netanyahu
Benjamin Netanyahu
Benjamin "Bibi" Netanyahu is the current Prime Minister of Israel. He serves also as the Chairman of the Likud Party, as a Knesset member, as the Health Minister of Israel, as the Pensioner Affairs Minister of Israel and as the Economic Strategy Minister of Israel.Netanyahu is the first and, to...

– Prime Minister of Israel
Israel
The State of Israel is a parliamentary republic located in the Middle East, along the eastern shore of the Mediterranean Sea...

(1996–1999, 2009–Present)
Mitt Romney
Mitt Romney
Willard Mitt Romney is an American businessman and politician. He was the 70th Governor of Massachusetts from 2003 to 2007 and is a candidate for the 2012 Republican Party presidential nomination.The son of George W...

– Governor of Massachusetts
Governor of Massachusetts
The Governor of the Commonwealth of Massachusetts is the executive magistrate of the Commonwealth of Massachusetts, United States. The current governor is Democrat Deval Patrick.-Constitutional role:...

(2003–2007), CEO of the 2002 Winter Olympics
2002 Winter Olympics
The 2002 Winter Olympics, officially the XIX Olympic Winter Games, were a winter multi-sport event that was celebrated in February 2002 in and around Salt Lake City, Utah, United States. Approximately 2,400 athletes from 77 nations participated in 78 events in fifteen disciplines, held throughout...

in Salt Lake City, co-founder of Bain Capital
Bain Capital
Bain Capital LLC is a Boston-based private equity firm founded in 1984 by partners from the consulting firm Bain & Company. Originally conceived as an early-stage, growth-oriented investment fund, Bain Capital today manages approximately $65 billion in assets, and its strategies include private...

, former CEO of Bain and Company
Margaret Spellings
Margaret Spellings
Margaret Spellings was the Secretary of Education from 2005-2009 under the administration of U.S. President George W. Bush and previously served as White House Domestic Policy Adviser to President George W. Bush....

– Secretary of Education under President George W. Bush
George W. Bush
George Walker Bush is an American politician who served as the 43rd President of the United States, from 2001 to 2009. Before that, he was the 46th Governor of Texas, having served from 1995 to 2000....
Jeffrey Hunker
Jeffrey Hunker
Jeffrey Hunker received his bachelor's degree from Harvard College and Ph.D. from Harvard Business School. He joined the Boston Consulting Group before becoming an advisor in the Department of Commerce and the founding director of the Critical Infrastructure Assurance Office...

– National Security Council
United States National Security Council
The White House National Security Council in the United States is the principal forum used by the President of the United States for considering national security and foreign policy matters with his senior national security advisors and Cabinet officials and is part of the Executive Office of the...

member under President Bill Clinton
Bill Clinton
William Jefferson "Bill" Clinton is an American politician who served as the 42nd President of the United States from 1993 to 2001. Inaugurated at age 46, he was the third-youngest president. He took office at the end of the Cold War, and was the first president of the baby boomer generation...

and professor at Carnegie Mellon University
Carnegie Mellon University
Carnegie Mellon University is a private research university in Pittsburgh, Pennsylvania, United States....
Hans Wijers
Hans Wijers
Gerardus Johannes Wijers is the current CEO of AkzoNobel. From 1994 until 1998 he was a minister of Economic Affairs of the Netherlands for the liberal democrats party D66.- Personal :...

– Minister of Economic Affairs of the Netherlands (1994–1998), CEO of Akzo Nobel
Akzo Nobel
Akzo Nobel N.V., trading as AkzoNobel, is a Dutch multinational, active in the fields of decorative paints, performance coatings and specialty chemicals. Headquartered in Amsterdam, the company has activities in more than 80 countries, and employs approximately 55,000 people. Sales in 2010 were EUR...
Ira Magaziner
Ira Magaziner
Ira Magaziner was born in New York City, New York, USA. After being a student activist and business consultant, Magaziner became the senior advisor for policy development for President Clinton, especially as chief healthcare policy advisor. He now serves as chairman of the William J...

– Aide and policy advisor to President Clinton, CEO of SJS Advisors and co-founder of Brown University
Brown University
Brown University is a private, Ivy League university located in Providence, Rhode Island, United States. Founded in 1764 prior to American independence from the British Empire as the College in the English Colony of Rhode Island and Providence Plantations early in the reign of King George III ,...

's open curriculum
Peter Lampl
Peter Lampl
Sir Peter Lampl, OBE is a British philanthropist and Chairman of the Sutton Trust.- Personal life :His father was a Czech refugee who came to Britain in 1938. Lampl was born in Wakefield and as the family later moved he was educated at Reigate Grammar School and Pate's Grammar School...

– Founder and Chairman of Sutton Trust
Sutton Trust
The Sutton Trust is an educational charity in the United Kingdom which aims to provide educational opportunities to young people from non-privileged backgrounds...
Alexander De Croo
Alexander De Croo
Alexander De Croo is a Flemish liberal politician, economist and businessman. He was elected chairman of his political party on 12 December 2009.- Biography :...

– Chairman of the Flemish Liberals and Democrats
Flemish Liberals and Democrats
' , commonly known as Open VLD and also simply as the VLD, is a Flemish liberal political party in Belgium, created in 1992 from the former Party for Freedom and Progress and a few other politicians from other parties. The party led the government for three cabinets under Guy Verhofstadt from 1999...
Steve Poizner
Steve Poizner
Stephen Leo "Steve" Poizner is an American businessman/entrepreneur and conservative Republican politician, who was elected State Insurance Commissioner of California in November 2006, and concluded the 4 year term in January 2011...

– California Insurance Commissioner
California Insurance Commissioner
California Insurance Commissioner is an elected executive office position in California. The officeholder is in charge of the California Department of Insurance.The current Insurance Commissioner is Democrat Dave Jones.- Duties :...

(2007–2011) and California businessman
Laura Liswood
Laura Liswood
Laura Ann Liswood is Secretary General of the Council of Women World Leaders, which is composed of women presidents, prime ministers, and heads of government...

– Co-founder and Secretary-General of the Council of Women World Leaders
Council of Women World Leaders
The Council of Women World Leaders is a network of current and former women prime ministers and presidents established in 1996 by Vigdís Finnbogadóttir, President of Iceland and first woman in the world to be democratically elected president, and Laura Liswood, Secretary General...
Mahlon Apgar, IV
Mahlon Apgar, IV
Mahlon Apgar, IV, is an international authority on housing, infrastructure, and real estate, a Senior Scholar at the Woodrow Wilson Center and Senior Advisor on Real Estate to the Boston Consulting Group...

– international authority on housing, infrastructure, and real estate
Natasha Tsukanova – Advisor to the Russian government on Energy M&A
Ken Hachikian
Ken Hachikian
Ken Hachikian is an Armenian-American economist and public activist, the chairman of the Armenian National Committee of America since 2000.He received his BA in Economics and MBA from Harvard University...

– Chairman of the Armenian National Committee of America
Armenian National Committee of America
The Armenian National Committee of America is the largest and most influential Armenian American grassroots organization. Working in coordination with a network of offices, chapters and supporters throughout the United States and affiliated organizations around the world, the ANCA actively...

and Cambridge Heart, Inc.
David Young – COO of World Vision International
World Vision International
World Vision International, founded in the USA in 1977, is an evangelical relief and development umbrella organization whose stated goal is "to follow our Lord and Saviour Jesus Christ in working with the poor and oppressed to promote human transformation, seek justice and bear witness to the good...

Academia

Sally Blount – Dean, Northwestern University
Northwestern University
Northwestern University is a private research university in Evanston and Chicago, Illinois, USA. Northwestern has eleven undergraduate, graduate, and professional schools offering 124 undergraduate degrees and 145 graduate and professional degrees....

, Kellogg School of Management
Kellogg School of Management
The Kellogg School of Management is the business school of Northwestern University in Evanston, Illinois, downtown Chicago, Illinois and Miami, Florida. Kellogg offers full-time, part-time, and executive programs, as well as partnering programs with schools in China, India, Hong Kong, Israel,...

.
Clayton Christensen – Professor, Harvard Business School
Harvard Business School
Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...

. Best known for his study of innovation in commercial enterprises, particularly his theory of disruptive technology
Disruptive technology
A disruptive technology or disruptive innovation is an innovation that helps create a new market and value network, and eventually goes on to disrupt an existing market and value network , displacing an earlier technology there...

.
Michael Chu – Senior Lecturer, Harvard Business School, Former partner Kohlberg Kravis Roberts, founding senior partner of Pegasus Capital Advisors
Pegasus Capital Advisors
Pegasus Capital Advisors L.P. is a private equity investment firm founded in 1995 by former co-founder of Apollo Management and Drexel Burnham Lambert lawyer, Craig Cogut. Cogut is a Managing Partner at Pegasus Capital Advisors, L.P...

, and co-founder and Managing Director of IGNIA.
James Abegglen
James Abegglen
James C. Abegglen was a university professor in management and economics, the author and co-author of ten books on Japan. He was one of the founders of the Boston Consulting Group in 1963, and the first representative director of its Tokyo branch, founded in 1966...

– former management and economics professor, the author and co-author of ten books on Japan, including the bestseller The Japanese Factory (1958), which introduced Japanese employment practices to America. Founder of BCG's Tokyo office.
Jeffrey Hunker
Jeffrey Hunker
Jeffrey Hunker received his bachelor's degree from Harvard College and Ph.D. from Harvard Business School. He joined the Boston Consulting Group before becoming an advisor in the Department of Commerce and the founding director of the Critical Infrastructure Assurance Office...

– Distinguished Service Professor of Technology and Public Policy, Carnegie Mellon University
Carnegie Mellon University
Carnegie Mellon University is a private research university in Pittsburgh, Pennsylvania, United States....

. Former Dean of Carnegie Mellon's Heinz College, and Founding Director of the US Department of Commerce's
United States Department of Commerce
The United States Department of Commerce is the Cabinet department of the United States government concerned with promoting economic growth. It was originally created as the United States Department of Commerce and Labor on February 14, 1903...

Critical Infrastructure Assurance Office
Jeremy Davis – Former Dean and Professor, the Australian Graduate School of Management
Australian Graduate School of Management
The MBA program of the Australian School of Business is known as the AGSM MBA, based in Sydney, New South Wales, Australia. Founded as the Australian Graduate School of Management in 1977, the AGSM MBA is consistently ranked at the top of the national rankings and amongst one of the top MBA...

. Founder of BCG's Paris and Menlo Park offices.
Linda Bilmes
Linda Bilmes
Linda J. Bilmes is the Daniel Patrick Moynihan Senior Lecturer in Public Policy at Harvard University. She is a full-time faculty member at the Harvard Kennedy School where she teaches public policy, budgeting and public finance...

– Professor, Harvard Kennedy School of Government
John F. Kennedy School of Government
The John F. Kennedy School of Government at Harvard University is a public policy and public administration school, and one of Harvard's graduate and professional schools...

Others

John Legend
John Legend
John Roger Stephens , better known by his stage name John Legend, is an American singer, musician, and actor. He is the recipient of nine Grammy Awards, and in 2007, he received the special Starlight award from the Songwriters Hall of Fame.Prior to the release of his debut album, Stephens' career...

– Grammy award winning musician
Liu Yiting – Subject of the book Harvard Girl
Harvard Girl
Harvard Girl is a book written by Liu Weihua and Zhang Xinwu , which describes how they raised their daughter, Liu Yiting , to be accepted to Harvard University...

, a best-seller in China
Alex Michel
Alex Michel
Alex Michel is an American businessman, producer, and television personality, who appeared in The Bachelor during its premiere season in 2002.- Personal life :Alex was born in Charlottesville, Virginia, but has lived all over the U.S....

– Star of the Bachelor, Season One
Alexander N. Rossolimo
Alexander N. Rossolimo
Alexander N. Rossolimo is an American think tank executive, entrepreneur, and corporate director.- Early life and education :Rossolimo was born in Paris. His parents were Nicolas Rossolimo, an International Grandmaster of Chess, and Véra...

– Founding chairman of Center for Security and Social Progress, Inc.
Carl Woebcken
Carl Woebcken
Carl "Charlie" Woebcken, born in 1956, is a German film producer and President/CEO of Studio Babelsberg AG and Managing Director of the production service subsidiary Studio Babelsberg Motion Pictures as well as Babelsberg Film.- Biography :...

– German film producer
Karan Bajaj
Karan Bajaj
Karan Bajaj is the Indian author of two contemporary cult Indian bestsellers, Keep Off the Grass and Johnny Gone Down...

– Author of the 2008 Indian best seller Keep Off the Grass
Yibo Shao – Founder of IDG Capital Partners, founder of eBay Eachnet Co Ltd

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