Conventional wisdom in the US holds that consulting firms like McKinsey have nothing to fear from Indian firms. The reason is that Indian firms are most unlikely to win high-end strategy and board level consulting business, at the expense of the likes of McKinsey and Bain, because the cultural barriers are way too high. There are a few reasons. First, because few Indian...

Global consultant McKinsey is understood to have asked the Government to declare houses costing up to Rs 7.5 lakh as affordable, besides allowing developers to convert industrial land for residential purpose. According to sources, in a presentation to the Planning Commission deputy chairman Montek Singh Ahluwalia today, McKinsey has suggested that dwelling units between...

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 it Atal Bihari Vajpayee, the prime minister at that time, sighed: “Woh...

    There’s an interesting read on Ovum.com, analysing the strengths and positioning of PA Consulting Group. The article compares PA Consulting with Mckinsey and Bain. PA Consulting finishes a strong 2005 We recently met with two of PA Consulting Group’s most senior IT services folk – Ian Murray, global head of systems integration and solutions,...

From a plush office in Nariman Point to a small office in a gully in Vile Parle, it is a tough transition. “I used to stay at the Taj whenever I’d come to Mumbai,” says Naveen Tiwari, founder of mobile advertising service Mkhoj. “But when I started my own company, I slept on a mattress in an empty room.” The ex-Mckinsey consultant, who did...