Company Profile: Bain & Company
Bain & Company is...
We take a closer look at the consulting company, Bain, and what has driven the company's success to this day.
Bain & Company is an American management consultancy headquartered in Boston, Massachusetts. It is one of the "Big Three" elite management consultancies (MBB). The firm provides advice to public, private, and non-profit organizations.
Bain & Company was founded in 1973 by former Group Vice President of Boston Consulting Group Bill Bain and his colleagues, including Patrick F. Graham. In the late 70s and early 80s, the firm grew rapidly. Bill Bain later spun off the alternative investment business into Bain Capital in 1984 and appointed Mitt Romney as its first CEO. Bain experienced several setbacks and financial troubles from 1987 to the early 1990s. Romney and Orit Gadiesh are credited with returning the firm to profitability and growth in their sequential roles as the firm's CEO and Chairman respectively. In the 2000s, Bain & Company continued to expand and create additional practice areas focused on working with nonprofits, technology companies, and others. It developed a substantial practice around working with private equity firms.
Bain operates in the following industries:
Advanced manufacturing and services - From procurement and cost management to supply chain efficiency and digital transformation, Bain works with companies in all industrial sectors to solve a broad range of management challenges.
Aerospace, defence and government services - Aerospace, defense and government services firms face a dynamic environment marked by industry consolidation, new competitors, fluctuating fuel prices, technical innovation and uncertainty about government spending. Bain has helped clients in more than 100 different subsectors of the aerospace, defense and space markets address these and other pressing industry challenges and develop strategies to meet and exceed their growth targets.
Agribusiness - Bain works alongside clients to anticipate industry disruptions, innovate, apply a unique point of view on agricultural trends and opportunities, and build proven, successful business models.
Retail - The retail world—with its relentless big bets on trends and timing—has never been a haven for the faint of heart. Add digital disruption, new business models and increasing consumer expectations to the mix and sustained, profitable growth becomes even more challenging. Bain Future of Retail solutions help retailers across all sectors—from grocery, luxury and apparel to restaurants, travel & leisure and more—develop and implement tailored strategies that address today’s challenges and tomorrow’s opportunities.
Technology - In an industry where innovation is both an opportunity and a threat, technology companies have to plan for the long-term and be ready to change on a dime. But how? Whether you lead a software, hardware, semiconductor, services, storage, components or peripherals business, Bain’s cross-sector expertise and global insights can help you plan for—and sustain—success.
And many more industries read them all here.
Product - Vector:
The era of the standalone digital project is over. Today, digital powers virtually every move a company makes. Analytics informs every high-stakes decision. And emerging technologies confer a huge advantage to the companies quick enough to spot them first. Vector brings all this together, infusing every project we work on with an integrated set of digital capabilities tailored to your strategy.
Bain has experts in data science, smart automation, prototyping, digital marketing, enterprise technology and related disciplines, enabling us to take a digital-first approach to every engagement. Their expertise is complemented by an expanding ecosystem of best-of-breed partners who are inventing tomorrow’s technologies today.
Food Co. and Bain:
Food Co.* had long emphasized profits at the expense of brand equity, product innovation, market leadership and category strategy. The company returned to growth mode by getting back to basics: focusing on its core, promoting hero brands and eliminating weak sellers.
In just a few months Bain had helped the company pull itself out of the red and into the black after years of slumping sales and vanishing market share. The turnaround recipe blended a renewed commitment to core and hero brands with comprehensive, cross-functional brand planning.
Find out more about the consulting company here.
Logi Analytics Webinar: Meet the speaker
Data allows business owners to leverage digital insights and embrace the power of data-driven business intelligence to make more informed decisions that are better for business growth and evolution. By using data to drive its actions, an organisation can contextualise and/or personalise its messaging to its prospects and customers for a more customer-centric approach.
BizClik Media Group and Logi Analytics invite you to explore next-gen embedded analytics in our live webinar. There’s still time to sign up for the event entitled ‘Application Imperative: How Next-Gen Embedded Analytics Power Data-Driven Action’, which is taking place on 10 June at 4 pm BST.
The webinar will be led by Constellation Research’s Principal Analyst, Doug Henschen, who focuses on data-driven decision-making. Henschen’s Data-to-Decisions research examines how organisations employ data analysis to reimagine their business models and gain a deeper understanding of their customers.
Henschen's research acknowledges that innovative data analysis applications require a multi-disciplinary approach starting with information and orchestration technologies, continuing through business intelligence, data visualisation, and analytics, and moving into NoSQL and big-data analysis, third-party data enrichment, and decision-management technologies.
Constellation Research is a technology research and advisory firm based in Silicon Valley. Prior to joining Constellation, Doug Henschen led analytics, big data, business intelligence, optimisation, smart applications research, and news coverage at InformationWeek.
What will the webinar cover?
This exclusive webinar will explain next-gen embedding capabilities that will enable your company to:
- Eliminate unproductive toggling between transactional interfaces and purely analytic dashboards
- Drive two-way interactions between app features and embedded analytics to drive data-driven action
- The compounding impact of embedded analytics on your overall ROI
- Harness analytics as triggers for automated workflows and suggested next-best actions
- Enable developers to build quickly without coding while customising self-service options for end users
Logi Analytics is the only developer-grade analytics solutions provider focused exclusively on embedding analytics in commercial and enterprise applications, empowering the world’s software teams with the most intuitive data analytics solutions and a team of dedicated professionals invested in your company’s success.
Why not sign up today to find out exactly how Logi Analytics can revolutionise your data analytics game?
We look forward to seeing you there!