You can now read 10 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

The Boston Globe

Opinion

Farah Stockman

Why did the smartest guys in the room go bankrupt?

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.

Loading comments...

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week