Talk:Bain & Company

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[edit] Competitors

As far as I understand it, Bain primarily competes against McKinsey and BCG. There are much bigger consulting firms with larger "market share" if you define consulting broadly, but in terms of pitching actual client work, Bain primarily sees just McKinsey and BCG. Fairsing 23:21, 29 November 2006 (UTC)

Agreed. When preparing for a bakeoff, a Bain pitch would stress the attributes that distinguish it from BCG and McKinsey, not Mercer or Booz-Allen. (The distinguishing factor for those are pretty clear - $$$.)

[edit] Near bankruptcy & other failures

Wasn't Bain & Company near bankrupt at one point? Did the firm suffer any other major failures (Bain itself and/or its clients)? What I like about Wikipedia is that you get to find out information that companies don't publicize on their webpages.

The most serious threat Bain has faced was not an issue of business practice, but of internal politics. Thwarting the attempted buyout by former partners placed severe stress on the company's financial position. This is the "failed buyout attempt" mentioned in the wiki entry, and I assume it's the "near bankruptcy" you're referring to. Beyond that, Bain has certainly had both client successes and client failures, but that's more an issue of management consulting in general. I'm not aware of any failures on the level of, say, Enron/Anderson Accounting that seriously destabilized the firm.

[edit] history

This History is way out of date. The year is 2007, and 90% of the information in the history section is from the 80s. There is almost nothing from the 90s and there is nothing after 2000.