You've no doubt heard the word "Bain" mentioned publicly more times in the last few months than you ever have before; and nine times out of ten the implications haven't been positive. Almost all of those references, of course, focus on Bain Capital and Mitt Romney's time at the helm more than a decade ago.
For its part, Bain & Company has been trying to set the Romney record straight and even went so far as to issue a press release detailing the dramatic differences between Bain Capital and Bain & Company.
Of course, any distinction gets lost on the public when one single word—Bain—gets thrown around in the public discourse.
Many newspapers, newsweeklies, online publications, blogs and cable news networks have dedicated large chunks of coverage to "Bain" and its implications for November.
This month, it's Consulting 's turn. We also have a little Bain news to report, and we're going back a number of years, too. But it's for entirely different reasons.
Our look back, however, is to celebrate a consulting firm's truly remarkable accomplishment—10 consecutive years as the No. 1 ranked firm in our annual Best Firms to Work For Survey.
Think about where we were in 2003. Then think about everything that's changed in the world since that time. Plenty has changed with Bain, as well. For instance, in that time, the number of employees has more than doubled—from 2,650 to 5,550; offices have increased from 29 to 49 (including the three the firm announced this year); and revenue has increased more than 165 percent in the last 10 years.
One thing hasn't changed. Bain's been the Best Firm to Work For every year since 2003. In good economies and bad, the firm has been held to its "True North" positioning through three different firm leaders—John Donahoe, Steve Ellis, and now Bob Bechek—preaching the same principles and beliefs. Their message has been consistent; the execution, flawless; and the results have been simply staggering.
Joseph Kornik
Publisher & Editor-in-Chief
jkornik@consultingmag.com
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