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	<title>Consulting Network &#187; Bain</title>
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		<title>BCG already did it, Now Mckinsey and Bain to help L&amp;T</title>
		<link>http://www.consultingnetwork.co.in/bcg-already-did-it-now-mckinsey-and-bain-to-help-lt/1172/?utm_source=subscriber&amp;utm_medium=rss&amp;utm_campaign=rss</link>
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		<pubDate>Tue, 18 Aug 2009 04:47:20 +0000</pubDate>
		<dc:creator>Knowledge Seeker</dc:creator>
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		<description><![CDATA[Consulting biggies, BCG, Bain and Mckinsey are back in the limelight. Engineering and construction giant Larsen and Toubro (L&#38;T) has already implemented two five-year plans to reposition the company, which was heavily into engineering, procurement and construction segments, with a large exposure to commodity businesses such as cement and ready-mix concrete, to a more focused, [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-medium wp-image-1173" src="http://consultingnetwork.co.in/wp-content/uploads/2009/08/1212912_38514992-300x231.jpg" alt="" width="300" height="231" />Consulting biggies, BCG, Bain and Mckinsey are back in the limelight.</p>
<p>Engineering and construction giant Larsen and Toubro (L&amp;T) has already implemented two five-year plans to reposition the company, which was heavily into engineering, procurement and construction segments, with a large exposure to commodity businesses such as cement and ready-mix concrete, to a more focused, value-added engineering company</p>
<p>L&amp;T had earlier sought help from BCG to devise a five year plan, as per the plan, L&amp;T divested its cement business in favor of the Aditya Birla Group. Recently, L&amp;T also divested its ready-mix concrete business in favor of Lafarge SA.<br />
The second five-year plan will get over by March 31, 2010. As per the second plan, L&amp;T&#8217;s target was to reach a business volume of Rs 35,000 crore annually. L&amp;T had managed to complete Rs 38,000 crore last year and expects to cross Rs 42,000 crore this year. Thus achieving 15-20 per cent more than the proposed target.</p>
<p>L&amp;T will initiate its third round of major business restructuring in 2010 and has appointed consultants McKinsey and Bain to guide it, as also in the succession plan, Further, L&amp;T&#8217;s chairman A M Naik also plans to retire in September 2012</p>
<p>Following News Media Article were referred for this story</p>
<p><a href="http://www.business-standard.com/india/news/lt-restructuring-plan-to-be-implemented-next-year/367320/"> L&amp;T restructuring plan to be implemented next year</a>
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		<title>Open Forum: Skills Required to Break Into Consulting/Strategy Roles</title>
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		<pubDate>Tue, 07 Jul 2009 09:32:37 +0000</pubDate>
		<dc:creator>Mohit</dc:creator>
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		<guid isPermaLink="false">http://consultingnetwork.co.in/?p=966</guid>
		<description><![CDATA[Following is an open forum discussion picked from our Group. Mayank Gupta asked : What all skills do I need to build to get through Consulting/Strategy industry. I am an MBA Marketing and B.Tech (Mechanical and Automation Engineering) fresher with no prior experience. In these times of recession, every where I read they have been telling [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-medium wp-image-1173" src="http://consultingnetwork.co.in/wp-content/uploads/2009/08/1212912_38514992-300x231.jpg" alt="" width="300" height="231" />Consulting biggies, BCG, Bain and Mckinsey are back in the limelight.</p>
<p>Engineering and construction giant Larsen and Toubro (L&amp;T) has already implemented two five-year plans to reposition the company, which was heavily into engineering, procurement and construction segments, with a large exposure to commodity businesses such as cement and ready-mix concrete, to a more focused, value-added engineering company</p>
<p>L&amp;T had earlier sought help from BCG to devise a five year plan, as per the plan, L&amp;T divested its cement business in favor of the Aditya Birla Group. Recently, L&amp;T also divested its ready-mix concrete business in favor of Lafarge SA.<br />
The second five-year plan will get over by March 31, 2010. As per the second plan, L&amp;T&#8217;s target was to reach a business volume of Rs 35,000 crore annually. L&amp;T had managed to complete Rs 38,000 crore last year and expects to cross Rs 42,000 crore this year. Thus achieving 15-20 per cent more than the proposed target.</p>
<p>L&amp;T will initiate its third round of major business restructuring in 2010 and has appointed consultants McKinsey and Bain to guide it, as also in the succession plan, Further, L&amp;T&#8217;s chairman A M Naik also plans to retire in September 2012</p>
<p>Following News Media Article were referred for this story</p>
<p><a href="http://www.business-standard.com/india/news/lt-restructuring-plan-to-be-implemented-next-year/367320/"> L&amp;T restructuring plan to be implemented next year</a>
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		<title>Recent MBA and still Unemployed?</title>
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		<pubDate>Wed, 10 Jun 2009 09:56:50 +0000</pubDate>
		<dc:creator>Mohit</dc:creator>
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		<description><![CDATA[A friend of mine, a recent graduate from one of the premier business schools in India, called me, his predicament, he is an engineer from a tier-2 engineering college in India and an MBA, and yet, he has not managed to even remotely come close to a job offer His business school finished the placement season [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-medium wp-image-1173" src="http://consultingnetwork.co.in/wp-content/uploads/2009/08/1212912_38514992-300x231.jpg" alt="" width="300" height="231" />Consulting biggies, BCG, Bain and Mckinsey are back in the limelight.</p>
<p>Engineering and construction giant Larsen and Toubro (L&amp;T) has already implemented two five-year plans to reposition the company, which was heavily into engineering, procurement and construction segments, with a large exposure to commodity businesses such as cement and ready-mix concrete, to a more focused, value-added engineering company</p>
<p>L&amp;T had earlier sought help from BCG to devise a five year plan, as per the plan, L&amp;T divested its cement business in favor of the Aditya Birla Group. Recently, L&amp;T also divested its ready-mix concrete business in favor of Lafarge SA.<br />
The second five-year plan will get over by March 31, 2010. As per the second plan, L&amp;T&#8217;s target was to reach a business volume of Rs 35,000 crore annually. L&amp;T had managed to complete Rs 38,000 crore last year and expects to cross Rs 42,000 crore this year. Thus achieving 15-20 per cent more than the proposed target.</p>
<p>L&amp;T will initiate its third round of major business restructuring in 2010 and has appointed consultants McKinsey and Bain to guide it, as also in the succession plan, Further, L&amp;T&#8217;s chairman A M Naik also plans to retire in September 2012</p>
<p>Following News Media Article were referred for this story</p>
<p><a href="http://www.business-standard.com/india/news/lt-restructuring-plan-to-be-implemented-next-year/367320/"> L&amp;T restructuring plan to be implemented next year</a>
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		<title>Indian Consulting Market: An Insight into the Factors Restricting Growth</title>
		<link>http://www.consultingnetwork.co.in/indian-consulting-market-an-insight-into-the-factors-restricting-growth/857/?utm_source=subscriber&amp;utm_medium=rss&amp;utm_campaign=rss</link>
		<comments>http://www.consultingnetwork.co.in/indian-consulting-market-an-insight-into-the-factors-restricting-growth/857/#comments</comments>
		<pubDate>Tue, 02 Jun 2009 15:13:51 +0000</pubDate>
		<dc:creator>Ashwin T Ananthakrishnan</dc:creator>
				<category><![CDATA[Consulting]]></category>
		<category><![CDATA[Bain]]></category>
		<category><![CDATA[Bain & Company]]></category>
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		<guid isPermaLink="false">http://consultingnetwork.co.in/?p=857</guid>
		<description><![CDATA[The Indian Consulting Industry has been experiencing a resurgence in the last few years. This industry has been making rapid strides in the Indian market over the last decade and has witnessed a significant increase in the number of new entrants in this field. The solitary objective of the participants in this market has been [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-medium wp-image-1173" src="http://consultingnetwork.co.in/wp-content/uploads/2009/08/1212912_38514992-300x231.jpg" alt="" width="300" height="231" />Consulting biggies, BCG, Bain and Mckinsey are back in the limelight.</p>
<p>Engineering and construction giant Larsen and Toubro (L&amp;T) has already implemented two five-year plans to reposition the company, which was heavily into engineering, procurement and construction segments, with a large exposure to commodity businesses such as cement and ready-mix concrete, to a more focused, value-added engineering company</p>
<p>L&amp;T had earlier sought help from BCG to devise a five year plan, as per the plan, L&amp;T divested its cement business in favor of the Aditya Birla Group. Recently, L&amp;T also divested its ready-mix concrete business in favor of Lafarge SA.<br />
The second five-year plan will get over by March 31, 2010. As per the second plan, L&amp;T&#8217;s target was to reach a business volume of Rs 35,000 crore annually. L&amp;T had managed to complete Rs 38,000 crore last year and expects to cross Rs 42,000 crore this year. Thus achieving 15-20 per cent more than the proposed target.</p>
<p>L&amp;T will initiate its third round of major business restructuring in 2010 and has appointed consultants McKinsey and Bain to guide it, as also in the succession plan, Further, L&amp;T&#8217;s chairman A M Naik also plans to retire in September 2012</p>
<p>Following News Media Article were referred for this story</p>
<p><a href="http://www.business-standard.com/india/news/lt-restructuring-plan-to-be-implemented-next-year/367320/"> L&amp;T restructuring plan to be implemented next year</a>
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		<title>Engineers and Consulting &#8211; Likely/Unlikely Combo?</title>
		<link>http://www.consultingnetwork.co.in/engineers-and-consulting-likelyunlikely-combo/824/?utm_source=subscriber&amp;utm_medium=rss&amp;utm_campaign=rss</link>
		<comments>http://www.consultingnetwork.co.in/engineers-and-consulting-likelyunlikely-combo/824/#comments</comments>
		<pubDate>Wed, 27 May 2009 16:14:06 +0000</pubDate>
		<dc:creator>Mohit</dc:creator>
				<category><![CDATA[Consulting]]></category>
		<category><![CDATA[Bain]]></category>
		<category><![CDATA[BCG]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[engineer]]></category>
		<category><![CDATA[engineering]]></category>
		<category><![CDATA[EY]]></category>
		<category><![CDATA[Kpmg]]></category>
		<category><![CDATA[Management]]></category>
		<category><![CDATA[Mckinsey]]></category>

		<guid isPermaLink="false">http://consultingnetwork.co.in/?p=824</guid>
		<description><![CDATA[One of the popular career choices for engineer’s these days is consulting; I would back that statement with full throttle since I am an engineer myself.  One of the prominent reasons for engineers wanting to carve a career for themselves in the consulting industry is that unlike a technical job (which can be monotonous), consulting [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-medium wp-image-1173" src="http://consultingnetwork.co.in/wp-content/uploads/2009/08/1212912_38514992-300x231.jpg" alt="" width="300" height="231" />Consulting biggies, BCG, Bain and Mckinsey are back in the limelight.</p>
<p>Engineering and construction giant Larsen and Toubro (L&amp;T) has already implemented two five-year plans to reposition the company, which was heavily into engineering, procurement and construction segments, with a large exposure to commodity businesses such as cement and ready-mix concrete, to a more focused, value-added engineering company</p>
<p>L&amp;T had earlier sought help from BCG to devise a five year plan, as per the plan, L&amp;T divested its cement business in favor of the Aditya Birla Group. Recently, L&amp;T also divested its ready-mix concrete business in favor of Lafarge SA.<br />
The second five-year plan will get over by March 31, 2010. As per the second plan, L&amp;T&#8217;s target was to reach a business volume of Rs 35,000 crore annually. L&amp;T had managed to complete Rs 38,000 crore last year and expects to cross Rs 42,000 crore this year. Thus achieving 15-20 per cent more than the proposed target.</p>
<p>L&amp;T will initiate its third round of major business restructuring in 2010 and has appointed consultants McKinsey and Bain to guide it, as also in the succession plan, Further, L&amp;T&#8217;s chairman A M Naik also plans to retire in September 2012</p>
<p>Following News Media Article were referred for this story</p>
<p><a href="http://www.business-standard.com/india/news/lt-restructuring-plan-to-be-implemented-next-year/367320/"> L&amp;T restructuring plan to be implemented next year</a>
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		<title>PE firms will fill the funding gap in capital-intensive projects</title>
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		<pubDate>Tue, 28 Apr 2009 17:21:25 +0000</pubDate>
		<dc:creator>Knowledge Seeker</dc:creator>
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		<description><![CDATA[ A year ago, when equity markets had started sliding, closing out a funding avenue for companies, pundits had predicted that private equity, or PE, funding would gather pace in six-eight months time by when cash-starved companies would have little option but to lower valuation expectations and accept such financing. In those eight months, the equities [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-medium wp-image-1173" src="http://consultingnetwork.co.in/wp-content/uploads/2009/08/1212912_38514992-300x231.jpg" alt="" width="300" height="231" />Consulting biggies, BCG, Bain and Mckinsey are back in the limelight.</p>
<p>Engineering and construction giant Larsen and Toubro (L&amp;T) has already implemented two five-year plans to reposition the company, which was heavily into engineering, procurement and construction segments, with a large exposure to commodity businesses such as cement and ready-mix concrete, to a more focused, value-added engineering company</p>
<p>L&amp;T had earlier sought help from BCG to devise a five year plan, as per the plan, L&amp;T divested its cement business in favor of the Aditya Birla Group. Recently, L&amp;T also divested its ready-mix concrete business in favor of Lafarge SA.<br />
The second five-year plan will get over by March 31, 2010. As per the second plan, L&amp;T&#8217;s target was to reach a business volume of Rs 35,000 crore annually. L&amp;T had managed to complete Rs 38,000 crore last year and expects to cross Rs 42,000 crore this year. Thus achieving 15-20 per cent more than the proposed target.</p>
<p>L&amp;T will initiate its third round of major business restructuring in 2010 and has appointed consultants McKinsey and Bain to guide it, as also in the succession plan, Further, L&amp;T&#8217;s chairman A M Naik also plans to retire in September 2012</p>
<p>Following News Media Article were referred for this story</p>
<p><a href="http://www.business-standard.com/india/news/lt-restructuring-plan-to-be-implemented-next-year/367320/"> L&amp;T restructuring plan to be implemented next year</a>
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		<title>Beijing is well-positioned to weather global economic storm &#8211; Bain &amp; Company</title>
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		<pubDate>Mon, 20 Apr 2009 17:47:26 +0000</pubDate>
		<dc:creator>Knowledge Seeker</dc:creator>
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		<description><![CDATA[Boston-based management consultants Bain &#38; Company believes in gauging success in terms of their clients&#8217; financial results. It can&#8217;t be otherwise as the company very often accepts rewards in the form of equity in the firms it advises. In an interview, Steve said anything the Indian government could do to drive liquidity into the market [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-medium wp-image-1173" src="http://consultingnetwork.co.in/wp-content/uploads/2009/08/1212912_38514992-300x231.jpg" alt="" width="300" height="231" />Consulting biggies, BCG, Bain and Mckinsey are back in the limelight.</p>
<p>Engineering and construction giant Larsen and Toubro (L&amp;T) has already implemented two five-year plans to reposition the company, which was heavily into engineering, procurement and construction segments, with a large exposure to commodity businesses such as cement and ready-mix concrete, to a more focused, value-added engineering company</p>
<p>L&amp;T had earlier sought help from BCG to devise a five year plan, as per the plan, L&amp;T divested its cement business in favor of the Aditya Birla Group. Recently, L&amp;T also divested its ready-mix concrete business in favor of Lafarge SA.<br />
The second five-year plan will get over by March 31, 2010. As per the second plan, L&amp;T&#8217;s target was to reach a business volume of Rs 35,000 crore annually. L&amp;T had managed to complete Rs 38,000 crore last year and expects to cross Rs 42,000 crore this year. Thus achieving 15-20 per cent more than the proposed target.</p>
<p>L&amp;T will initiate its third round of major business restructuring in 2010 and has appointed consultants McKinsey and Bain to guide it, as also in the succession plan, Further, L&amp;T&#8217;s chairman A M Naik also plans to retire in September 2012</p>
<p>Following News Media Article were referred for this story</p>
<p><a href="http://www.business-standard.com/india/news/lt-restructuring-plan-to-be-implemented-next-year/367320/"> L&amp;T restructuring plan to be implemented next year</a>
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		<title>Know when to quit a job -Sri Rajan,Partner,Bain &amp; Company</title>
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		<pubDate>Mon, 20 Apr 2009 17:38:22 +0000</pubDate>
		<dc:creator>Knowledge Seeker</dc:creator>
				<category><![CDATA[News]]></category>
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		<guid isPermaLink="false">http://consultingnetwork.co.in/?p=688</guid>
		<description><![CDATA[An interesting article highlighting the due diligence process Hindalco industries, which paid $6 billion for Canada’s Novelis in 2007, is scouting for copper mines in South America while pharmaceutical producer, Biocon, is targeting overseas acquisitions. A newly confident India Inc is using its muscle to expand abroad. A recent Bain &#38; Company study shows that [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-medium wp-image-1173" src="http://consultingnetwork.co.in/wp-content/uploads/2009/08/1212912_38514992-300x231.jpg" alt="" width="300" height="231" />Consulting biggies, BCG, Bain and Mckinsey are back in the limelight.</p>
<p>Engineering and construction giant Larsen and Toubro (L&amp;T) has already implemented two five-year plans to reposition the company, which was heavily into engineering, procurement and construction segments, with a large exposure to commodity businesses such as cement and ready-mix concrete, to a more focused, value-added engineering company</p>
<p>L&amp;T had earlier sought help from BCG to devise a five year plan, as per the plan, L&amp;T divested its cement business in favor of the Aditya Birla Group. Recently, L&amp;T also divested its ready-mix concrete business in favor of Lafarge SA.<br />
The second five-year plan will get over by March 31, 2010. As per the second plan, L&amp;T&#8217;s target was to reach a business volume of Rs 35,000 crore annually. L&amp;T had managed to complete Rs 38,000 crore last year and expects to cross Rs 42,000 crore this year. Thus achieving 15-20 per cent more than the proposed target.</p>
<p>L&amp;T will initiate its third round of major business restructuring in 2010 and has appointed consultants McKinsey and Bain to guide it, as also in the succession plan, Further, L&amp;T&#8217;s chairman A M Naik also plans to retire in September 2012</p>
<p>Following News Media Article were referred for this story</p>
<p><a href="http://www.business-standard.com/india/news/lt-restructuring-plan-to-be-implemented-next-year/367320/"> L&amp;T restructuring plan to be implemented next year</a>
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		<title>Interview with Greg Brenneman, Chairman, CCMP Capital</title>
		<link>http://www.consultingnetwork.co.in/can-you-pass-a-ceo-test/518/?utm_source=subscriber&amp;utm_medium=rss&amp;utm_campaign=rss</link>
		<comments>http://www.consultingnetwork.co.in/can-you-pass-a-ceo-test/518/#comments</comments>
		<pubDate>Thu, 19 Mar 2009 06:17:58 +0000</pubDate>
		<dc:creator>Knowledge Seeker</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Bain]]></category>
		<category><![CDATA[Bain & Company]]></category>
		<category><![CDATA[CCMP capital]]></category>
		<category><![CDATA[Greg Brennerman]]></category>
		<category><![CDATA[Harvard]]></category>
		<category><![CDATA[india]]></category>
		<category><![CDATA[Private Equity]]></category>

		<guid isPermaLink="false">http://consultingnetwork.co.in/?p=518</guid>
		<description><![CDATA[Q. What do you consider the keys to effective leadership? A. The most important thing is that you treat everybody incredibly well and lead with a bit of humility. I’ve found that when I go into a company to lead it’s important to have a plan and to make that plan a simple one that [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-medium wp-image-1173" src="http://consultingnetwork.co.in/wp-content/uploads/2009/08/1212912_38514992-300x231.jpg" alt="" width="300" height="231" />Consulting biggies, BCG, Bain and Mckinsey are back in the limelight.</p>
<p>Engineering and construction giant Larsen and Toubro (L&amp;T) has already implemented two five-year plans to reposition the company, which was heavily into engineering, procurement and construction segments, with a large exposure to commodity businesses such as cement and ready-mix concrete, to a more focused, value-added engineering company</p>
<p>L&amp;T had earlier sought help from BCG to devise a five year plan, as per the plan, L&amp;T divested its cement business in favor of the Aditya Birla Group. Recently, L&amp;T also divested its ready-mix concrete business in favor of Lafarge SA.<br />
The second five-year plan will get over by March 31, 2010. As per the second plan, L&amp;T&#8217;s target was to reach a business volume of Rs 35,000 crore annually. L&amp;T had managed to complete Rs 38,000 crore last year and expects to cross Rs 42,000 crore this year. Thus achieving 15-20 per cent more than the proposed target.</p>
<p>L&amp;T will initiate its third round of major business restructuring in 2010 and has appointed consultants McKinsey and Bain to guide it, as also in the succession plan, Further, L&amp;T&#8217;s chairman A M Naik also plans to retire in September 2012</p>
<p>Following News Media Article were referred for this story</p>
<p><a href="http://www.business-standard.com/india/news/lt-restructuring-plan-to-be-implemented-next-year/367320/"> L&amp;T restructuring plan to be implemented next year</a>
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		<title>Mantra for global consultancies in India: Heal thyself!</title>
		<link>http://www.consultingnetwork.co.in/mantra-for-global-consultancies-in-india-heal-thyself/474/?utm_source=subscriber&amp;utm_medium=rss&amp;utm_campaign=rss</link>
		<comments>http://www.consultingnetwork.co.in/mantra-for-global-consultancies-in-india-heal-thyself/474/#comments</comments>
		<pubDate>Tue, 10 Mar 2009 08:57:54 +0000</pubDate>
		<dc:creator>Knowledge Seeker</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Bain]]></category>
		<category><![CDATA[BCG]]></category>
		<category><![CDATA[Consulting]]></category>
		<category><![CDATA[india]]></category>
		<category><![CDATA[Mckinsey]]></category>

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		<description><![CDATA[Sourced from Business Standard article dated 10th march 2009 On September 6, 2001, a crack McKinsey team led by Indian-born Rajat Gupta, its global CEO at that time, made a presentation to the NDA government on how to double India’s GDP growth rate to 10 per cent. Legend has it that at the end of [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-medium wp-image-1173" src="http://consultingnetwork.co.in/wp-content/uploads/2009/08/1212912_38514992-300x231.jpg" alt="" width="300" height="231" />Consulting biggies, BCG, Bain and Mckinsey are back in the limelight.</p>
<p>Engineering and construction giant Larsen and Toubro (L&amp;T) has already implemented two five-year plans to reposition the company, which was heavily into engineering, procurement and construction segments, with a large exposure to commodity businesses such as cement and ready-mix concrete, to a more focused, value-added engineering company</p>
<p>L&amp;T had earlier sought help from BCG to devise a five year plan, as per the plan, L&amp;T divested its cement business in favor of the Aditya Birla Group. Recently, L&amp;T also divested its ready-mix concrete business in favor of Lafarge SA.<br />
The second five-year plan will get over by March 31, 2010. As per the second plan, L&amp;T&#8217;s target was to reach a business volume of Rs 35,000 crore annually. L&amp;T had managed to complete Rs 38,000 crore last year and expects to cross Rs 42,000 crore this year. Thus achieving 15-20 per cent more than the proposed target.</p>
<p>L&amp;T will initiate its third round of major business restructuring in 2010 and has appointed consultants McKinsey and Bain to guide it, as also in the succession plan, Further, L&amp;T&#8217;s chairman A M Naik also plans to retire in September 2012</p>
<p>Following News Media Article were referred for this story</p>
<p><a href="http://www.business-standard.com/india/news/lt-restructuring-plan-to-be-implemented-next-year/367320/"> L&amp;T restructuring plan to be implemented next year</a>
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