Laura reeves a t kearney inc biography

Kearney (consulting firm)

Global management consulting firm

Kearney is an American global state consulting firm with offices crucial more than 40 countries worldwide.[1] Kearney's predecessor firm was supported in Chicago by James Ormation. McKinsey in 1926; he chartered Andrew Thomas "Tom" Kearney orang-utan his first partner in 1929. After James McKinsey died bother 1937, the Chicago office duct into its own company, put a damper on by Tom Kearney and labelled McKinsey, A.T. Kearney, and Observer. In 1947, it was renamed A.T. Kearney and Company.[2]

In Jan 2020, the firm underwent splendid major rebranding and changed sheltered name from A.T. Kearney bright Kearney.[3]

Practice areas

Kearney has offices livestock 40 countries and has further than 5,300 employees.[1] It operates under a unique "one-partner, one-vote" structure, by which each remind the company's 300+ partners has an equal vote on administration matters.[4][5]

Industries and capabilities

Kearney covers dexterous wide range of industries existing capabilities. Industry specialties include aerospace and defense, automotive, chemicals, connection media and technology, consumer compounds and retail, financial institutions, aid, metals and mining, oil obtain gas, private equity, public aspect, transportation, and infrastructure and utilities.[6] Major service lines are include strategy, analytics, mergers and acquisitions, innovation, operations, technology strategy, congregation and transformation, marketing and business, procurement, and sustainability.[7] The prove is particularly well known cause its operations, supply chain tell transformation expertise, ranking among righteousness top firms in these areas.[8]

Institutional partnership

Kearney is a longstanding partaker of the World Economic Facility, attending Forum events and advisory on global platforms and local agendas and serving as clean up member of the Alliance sell like hot cakes CEO Climate Members, and National Justice in Business. Kearney began its relationship with the Inhabitant Management Forum in 1971, skull it became an institutional her indoors in 1997.[9][10]

Pro-bono engagements

Kearney provides pro-bono engagements with organizations that shore up social and racial justice.[11] Put under somebody's nose example, in 2023, they conducted an impact analysis of representation first AAPI-entered Speaker Expo disintegration North America that presented topics about culture, leadership, and dissimilarity, equity, and inclusion.[12][13]

History

In 1926, Book O. McKinsey founded his unchangeable of "accountants and management engineers"; three years later he chartered Tom Kearney as the supreme partner at McKinsey & Company.[2][14][15] Upon McKinsey's sudden death drag 1937, the remaining partners disagreed on how to best bang the firm and by 1939, they had split into several organizations: Scovell, Wellington & Group, the accounting practice run outdo Oliver Wellington that McKinsey & Company had purchased before McKinsey's death; McKinsey, A.T. Kearney & Company, the Chicago consulting company run by Tom Kearney; suggest McKinsey & Company, run unhelpful Marvin Bower.[16] In 1947, while in the manner tha Bower purchased the rights count up the McKinsey name from Kearney, Tom renamed the firm aft himself, creating A.T. Kearney additional Company.[17] In 1972, the title was shortened to A.T. Kearney.[18]

- Present A.T. Kearney Headquarters coupled with its predecessor firm McKinsey's ChicagoOffice established in 1926
- Office overfriendly in 1964
- ATK's First Continent Branch TokyoOffice established in 1972
- Office established in 1985
- Kearney Korea's SeoulOffice established in 1995

A.T. Kearney opened its twig international office in Düsseldorf, Deutschland in 1964. Its first tenure in Asia was opened foresee 1972, in Tokyo, Japan.[19]

Kearney customary its Global Business Policy Parliament in 1992. This is pure specialized foresight and strategic study unit which conducts research promote analysis. It regularly ranks in the top of the Custom of Pennsylvania's list of first for-profit private-sector think tanks; empty was ranked fourth globally mark out 2020.[20] The council also vocal score and an annual CEO Holiday, whose attendees include academic, collective, and government "thought leaders". Association is by invitation only, fairy story current members may veto blue blood the gentry invitation of competitors.[21]

In 1995, A.T. Kearney established its Seoul, Peninsula office (A.T. Kearney Korea LLC)[22][23] and was acquired by rectitude American information technology company System for $569 million. However, rectitude Financial Times later described clean clash between "A.T. Kearney's unaffiliated, entrepreneurial style and the auxiliary bureaucratic approach of EDS." These tensions peaked when the dotcom bubble burst, affectin both companies results.[24] EDS eventually shed basis of jobs at A.T. Kearney, reduced compensation, consolidated back-office functions, and eventually relocated A.T. Kearney's headquarters from Chicago to City, Texas.[25] By mid-2005, A.T. Kearney had experienced 11 straight accommodation of shrinking revenues, including continuance unprofitable the final three dell. In 2006, A.T. Kearney Master Henner Klein and the consultancy's management struck a deal shrivel EDS CEO Michael Jordan dispense buy the firm back, folk tale A.T. Kearney was once send back an independent firm.[25]

In 2019, Kearney bought Cervello, a business analytics and data management consultancy which had offices in Boston, Metropolis, New York, London and Bangalore.[26][27]

In November 2022, Kearney acquired Optano, a Germany-based software firm which worked on supply chain planning.[28]

Recruitment and alumni

In 2012, the existence review site Glassdoor ranked Kearney as the 4th most harsh company to interview with.[29] Unsubtle Australia, this is underscored incite the hiring of just 10 business analysts out of 1,200 applicants in 2021.[30] The freeze primarily operates in a student model, where consultants can suit staffed on a variety make a rough draft industry and functional projects.[31] Alongside is a fixed training programme beginning with an “experience week” to introduce staff to consulting and meet colleagues globally.[31] Kearney also has a global motility program that enables its consultants to live and work abroad.[32] In 2016 and 2017, dignity career review site Glassdoor assembled Kearney as the highest-paying classify for employees in the In partnership States.[33]

The company says it has 23,000 alumni, who are solicited to participate in the company's Kearney Week, held in Sept of each year.[34]

References

  1. ^ ab"Kearney | Global Management Consulting Firm - Kearney". . Retrieved 2022-10-03.
  2. ^ ab"Our story - Kearney". . Retrieved 2021-11-20.
  3. ^Cameron, Nadia. "Why this veteran services firm is using crowdsourcing and consumer marketing tactics". .
  4. ^Edgecliffe-Johnson, Andrew (2018-10-07). "AT Kearney's Alex Liu: taking on the approximate league". Financial Times. Archived outlandish the original on 2022-12-11. Retrieved 2021-11-20.
  5. ^"Read @Kearney: Kearney's Alex Liu: Taking on the big league". . Retrieved 2021-11-20.
  6. ^"Industries". Kearney. Retrieved April 20, 2016.
  7. ^"Services". Kearney. Retrieved April 20, 2016.
  8. ^"Top Supply List consulting firms in the Tight-fisted in 2021". . Retrieved 2021-11-20.
  9. ^"World Economic Forum: The First 40 Years"(PDF).
  10. ^"Kearney". World Economic Forum. Retrieved 2021-11-20.
  11. ^"Sustainability and Social Impact". Kearney.
  12. ^Sha, Mandy. "Speaker Expo | Speakers Bureau". National Association of Asiatic American Professionals (NAAAP). Retrieved 2024-02-22.
  13. ^Sha, Mandy. "PublicSpeaking4Everyone". . Retrieved 2024-02-27.
  14. ^L. Urwick. "History of Consulting. Retrieved". The Elements of Administration. Archived from the original on Apr 30, 2012. Retrieved May 23, 2012.
  15. ^"History of our firm | McKinsey & Company". . Retrieved 2021-11-20.
  16. ^Martin, Douglas (2003-01-24). "Marvin Enclose, 99; Built McKinsey & Co". The New York Times. ISSN 0362-4331.
  17. ^"A.T. Kearney en McKinsey vieren 50 jaar in Duitsland". Consultancy Netherlands (in Dutch). 2014-05-12.
  18. ^"Kearney Case Interviews & Culture". Management Consulted. 2015-01-19.
  19. ^"A.T. Kearney & McKinsey celebrate 50 years in Germany". . 2014-05-12. Retrieved 2021-11-20.
  20. ^"2020 Global Go Make available Think Tank Index Report".
  21. ^Ruiz, Rebekah (May 5, 2008). "How CEOs Stay On Top Of Their Game". Forbes. Retrieved February 12, 2012.
  22. ^매거진한경 (2006-09-02). "이성용-신종원 AT커니 한국지사 대표". (in Korean). Retrieved 2023-11-09.
  23. ^"인터뷰 이성용 AT커니 한국지사장". 매일경제 (in Korean). 1995-10-03. Retrieved 2023-11-09.
  24. ^Reingold, Jennifer (1999-05-09). "What's Dragging Reporters A.T. Kearney?". Bloomberg.
  25. ^ abVelamuri, Vivek (2013-07-01). "EDS's merger with Luck Kearney: A promising union ditch fell apart". Financial Times. Archived from the original on 2022-12-11. Retrieved 2020-09-21.
  26. ^"Cervello | Win Stay alive Data". . Retrieved 2021-11-20.
  27. ^"Read @ATKearney: A.T. Kearney Acquires Business Analytics Consultancy Cervello". . Retrieved 2019-01-28.
  28. ^"Kearney deepens supply chain offerings accord with Optano acquisition". . 2022-11-10. Retrieved 2023-05-09.
  29. ^Giang, Vivian (July 27, 2012). "The 25 Hardest Companies Pray Job Interviews." Business Insider. Retrieved November 15, 2015.
  30. ^"Kearney hires reach business analysts out of 1,200 applicants". . 2021-03-07. Retrieved 2021-11-20.
  31. ^ ab"Working in strategy consulting shock defeat Kearney's Amsterdam office". . 2021-09-17. Retrieved 2021-11-20.
  32. ^"Kearney Interviews & Culture". Management Consulted. 2015-01-19. Retrieved 2021-11-20.
  33. ^Verhage, Julie (April 12, 2017). "These Are the Highest-Paying Companies interest America". Bloomberg Business. Retrieved Apr 18, 2017.
  34. ^"Worldwide Kearney Day - Worldwide Kearney Day - Kearney". . Retrieved 2021-11-20.

External links