Management consulting at Bain .26 Company: 1977.E2.80.931984 Business career of Mitt Romney

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logo of bain & company


in 1977, hired bain & company, management consulting firm in boston had been formed few years earlier bill bain , other former bcg employees. bain later of thirty-year-old romney, had appearance of confidence of guy maybe ten years older. unlike other consulting firms, issued recommendations , left, bain & company had practice, romney learned, of immersing in client s business , working them until changes implemented.


geoffrey rehnert, worked @ bain & company, recalls gravitated bain not wealthy backgrounds. company operated results-oriented meritocracy, , romney excelled there. became vice-president of firm in 1978, , worked clients such monsanto company, outboard marine corporation, burlington industries, , corning incorporated. within few years, considered 1 of best consultants , @ times sought clients on more senior partners.


romney aspired start new business, , in 1983, bill bain offered him chance head new venture buy companies, have them benefit bain consulting techniques, , allow venture s partners reap higher rewards consulting fees. refrained accepting offer, , bain re-arranged terms in complicated partnership structure there no financial or professional risk romney. thus, in 1984, romney left bain & company co-found spin-off private equity investment firm, bain capital.








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