For nearly three decades, Monitor Group, an elite Cambridge-based consulting firm, sold expensive advice to companies and governments all over the world. In the ecosystem of the industry, Monitor was not a cost-cutter or bean-counter. It was made up of “big ideas” gurus who devised winning strategies; the ones who helped you spot an opportunity on the horizon, miles away.
So it shocked the business world when Monitor’s own strategy came apart. This fall, the company filed for bankruptcy. On Jan. 11, Monitor was officially acquired by the auditing firm Deloitte. It was the end of an era.
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Great research; very well written. Thanks, Farah!
Thank you!
It means the non-youth.... the supposed sages of experience took their eyes off the prize in a huge way. When they tired of working so long and hard, they had no way to exit, and started the spiral of self sabotage. It doesn't speak very highly of age and experience. As a 57 year old who is not tired and wishes to be valued for my experience, I resent that these men showed this face to the world. Great reporting! Thank you Farah!
Thank you.