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Consulting stalwarts make Web plays ; McKinsey, bain bet on partnerships to boost their brands among dot-coms.(Statistical Data Included)
B to B, July, 2000 by CLARK, PHILIP B.
McKinsey & Co. and Bain & Co., two of the world's most elite and secretive consultancies, have signed Internet alliances that plop them squarely into competition with the Big Five professional services firms.
McKinsey will advise Accel-KKR Internet Co., the venture capital alliance of Kohlberg Kravis Roberts & Co. and Accel Partners, on the Internet strategies of the companies in which it invests. Bain & Co., meanwhile, has introduced BainNet, a consortium that pairs Bain consultants with technologists from six high-tech companies.
McKinsey and Bain consultants have advised Fortune 500 execs on their companies' strategies for decades. McKinsey in particular consults directly with CEOs and has produced more than its share of them. (McKinsey alumni...
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