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{{distinguish|Pattern Recognition Theory of Mind}}
'''PRTM'''
{{More citations needed|date=March 2020}}
{{Infobox company
| name = PRTM
| type = Subsidiary of [[PricewaterhouseCoopers|PwC]]
| logo =
| foundation = 1976
| location = [[Waltham, Massachusetts|Waltham]], [[Massachusetts]], [[United States|U.S.]] <br/>19 offices in 10 countries
| key_people = Scott Hefter, Global [[Managing Director|MD]] <br> Mary Lyons, Chief Talent Officer <br> Mark Strom, [[Managing Director|MD]], Americas <br> Mohamed Kande, [[Managing Director|MD]] Europe, ME and South Asia <br> Susan Kantor, [[Chief Financial Officer|CFO]] <br> Tom Godward, Director, Transactions
| industry = [[Management consulting]]
| services = [[Management consulting|Management consulting services]]: [[Operations management|Operational strategy]], [[New Product Development|product and service innovation]], [[Supply Chain|supply chain innovation]], [[Customer relationship management|customer experience innovation]], [[Co-creation|enterprise co-creation]]
| homepage = {{URL|http://www.prtm.com/}}
}}


PRTM is a privately owned management consulting firm that helps C-level and other senior executives to innovate their organizations for market leadership and greater shareholder value. The firm’s business centers on the areas of operational strategy, supply chain management, product development, and customer management. PRTM has been named by Consulting Magazine as one of the “Top 10 Firms to Work For” annually since 2002.
'''PRTM''' is a [[management consulting]] subsidiary of [[PwC]]. The firm's business centers on the areas of operational strategy, [[supply chain management|supply chain innovation]], [[product development|product innovation]], and [[customer relationship management|customer experience innovation]].


PRTM has 16 offices worldwide and 500 consultants. It offers expertise across these industry sectors: automotive, aerospace, chemicals and process, communications and media, consumer goods, electronics and computing, energy, financial services, government, industrial, life sciences, and software.
PRTM works in these industry sectors: [[Automotive industry|automotive]], [[Aerospace industry|aerospace and defense]], [[chemicals industry|chemicals and process industries]], [[Telecommunications industry|telecommunications]], [[Retail industry|consumer goods and retail]], [[Electronics industry|electronics]], [[energy industry|energy]], [[financial services]], [[Healthcare industry|healthcare]], [[private equity]], [[U.S. Government|public sector]], [[Semiconductor industry|semiconductor]], and [[Software industry|software]].


'''History'''
==History==


The firm was founded in 1976 in Palo Alto, California. When the firm established eastern United States operations in 1977, it was incorporated as Pittiglio, Rabin, Todd & McGrath. Its founding partners were Theodore Pittiglio, Robert Rabin, Robert Todd, and Michael McGrath. Today, the firm is known as PRTM.
The firm was founded in 1976 in [[Palo Alto]], [[California]]. When the firm added eastern [[United States]] operations in 1977, it was incorporated as Pittiglio, Rabin, Todd & McGrath after its founding partners Theodore Pittiglio, Robert Rabin, Robert Todd, and Michael McGrath. Today, the firm is known as PRTM. On June 24, 2011, [[PricewaterhouseCoopers]] (PwC) acquired PRTM and the deal closed on August 22, 2011.<ref name=PwC>{{cite web | url = https://www.prnewswire.com/news-releases/pwc-completes-acquisition-of-prtm-128201798.html | title = PwC Completes Acquisition of PRTM | accessdate = 7 April 2020 | date = 22 August 2011 | work = PR Newswire}}</ref>


The firm began benchmarking business performance for its clients in 1982. PRTM’s international expansion started in 1985. In 1988, PRTM pioneered its Product And Cycle-time Excellence (PACE©) framework to provide companies with a multi-disciplinary approach to product and service innovation and leadership. PRTM co-developed the Supply-Chain Operations Reference-model (SCOR) with the Supply-Chain Council in 1996. In 1997, the firm launched a subsidiary, The Performance Measurement Group, LLC (PMG). Rabin and McGrath were the last of the original founders to retire, in 2002 and 2004, respectively. Michael Aghajanian now serves as managing director of PRTM’s Pacific Region and Gordon Stewart is managing director of the firm’s Atlantic Region.
The firm began benchmarking business performance for its clients in 1982. PRTM's international expansion started in 1985. In 1988, PRTM created the "Product and Cycle-time Excellence" (PACE) framework to provide companies with a multidisciplinary approach to innovation. PRTM co-developed the "Supply-Chain Operations Reference-model" (SCOR) with the [[Supply-Chain Council]] in 1996. In 1997, the firm launched a subsidiary, The Performance Measurement Group, [[Limited liability company|LLC]] (PMG).<ref>{{cite web | url = https://www.pharmaceuticalonline.com/doc/new-company-offers-online-benchmarking-of-sup-0001 | title = New Company Offers Online Benchmarking of Supply-Chain Management | accessdate = 14 April 2020 | date = 1 March 1999 | work = Pharmaceutical Online}}</ref>


== Bibliography ==
'''Publishing and Public Relations'''


*''Making Innovation Work: How to Manage It, Measure It, and Profit From It'' (by Tony Davila, Marc J. Epstein, and Robert Shelton, [[Wharton School]] Publishing, 2005, {{ISBN|0-13-149786-3}}),
PRTM has authored numerous books, including: Strategic Supply Chain Management: The Five Disciplines for Top Performance (McGraw-Hill, 2004), Strategic IT Portfolio Management (2005), Next Generation Product Development: How to Increase Productivity, Cut Costs, and Reduce Cycle Times (McGraw-Hill, 2004), Setting the PACE® in Product Development: A Guide to Product And Cycle-time Excellence (Butterworth-Heinemann, 1992), Voices into Choices: Acting on the Voice of the Customer (Joiner Associates, 1997), and Product Strategy for High-Technology Companies: How to Achieve Growth, Competitive Advantage, and Increased Profits (McGraw-Hill, 1994).
*''Strategic Supply Chain Management: The Five Disciplines for Top Performance'' (by [http://www.prtm.com/books/supplychain/supply-chain-book-authors.aspx Shoshanah Cohen] and Joseph Roussel, [[McGraw-Hill]], 2004, {{ISBN|0-07-143217-5}}),
*''Strategic IT Portfolio Management'' (by Jeffrey Kaplan, PRTM, 2005, {{ISBN|0-9766093-0-4}}),
*''Next Generation Product Development: How to Increase Productivity, Cut Costs, and Reduce Cycle Times'' ([[McGraw-Hill]], 2004),
*''Setting the PACE in Product Development: A Guide to Product And Cycle-time Excellence'' (by Michael E. McGrath, Butterworth-Heinemann, rev. ed. 1996, {{ISBN|978-0-7506-9789-7}}),
*''Voices into Choices: Acting on the Voice of the Customer'' (by Gary Burchill and Christina Hepner Brodie, Joiner Associates, 1997, {{ISBN|1-884731-13-9}}),
*''Product Strategy for High-Technology Companies: How to Achieve Growth, Competitive Advantage, and Increased Profits'', (by Michael McGrath, [[McGraw-Hill]], 2nd ed., 2000, {{ISBN|0-07-136246-0}}).


==References==
A quarterly print and online publication, PRTM Insight, provides senior executives with the latest thinking on operational strategy and innovation.
{{reflist}}

{{Authority control}}

{{DEFAULTSORT:Prtm}}
[[Category:Consulting firms established in 1976]]
[[Category:International management consulting firms]]
[[Category:Privately held companies based in Massachusetts]]
[[Category:Companies based in Waltham, Massachusetts]]
[[Category:Macroeconomics consulting firms]]
[[Category:Management consulting firms of the United States]]
[[Category:PwC]]
[[Category:1976 establishments in California]]

Latest revision as of 10:09, 15 October 2024

PRTM
Company typeSubsidiary of PwC
IndustryManagement consulting
Founded1976
HeadquartersWaltham, Massachusetts, U.S.
19 offices in 10 countries
Key people
Scott Hefter, Global MD
Mary Lyons, Chief Talent Officer
Mark Strom, MD, Americas
Mohamed Kande, MD Europe, ME and South Asia
Susan Kantor, CFO
Tom Godward, Director, Transactions
ServicesManagement consulting services: Operational strategy, product and service innovation, supply chain innovation, customer experience innovation, enterprise co-creation
Websitewww.prtm.com

PRTM is a management consulting subsidiary of PwC. The firm's business centers on the areas of operational strategy, supply chain innovation, product innovation, and customer experience innovation.

PRTM works in these industry sectors: automotive, aerospace and defense, chemicals and process industries, telecommunications, consumer goods and retail, electronics, energy, financial services, healthcare, private equity, public sector, semiconductor, and software.

History

[edit]

The firm was founded in 1976 in Palo Alto, California. When the firm added eastern United States operations in 1977, it was incorporated as Pittiglio, Rabin, Todd & McGrath after its founding partners Theodore Pittiglio, Robert Rabin, Robert Todd, and Michael McGrath. Today, the firm is known as PRTM. On June 24, 2011, PricewaterhouseCoopers (PwC) acquired PRTM and the deal closed on August 22, 2011.[1]

The firm began benchmarking business performance for its clients in 1982. PRTM's international expansion started in 1985. In 1988, PRTM created the "Product and Cycle-time Excellence" (PACE) framework to provide companies with a multidisciplinary approach to innovation. PRTM co-developed the "Supply-Chain Operations Reference-model" (SCOR) with the Supply-Chain Council in 1996. In 1997, the firm launched a subsidiary, The Performance Measurement Group, LLC (PMG).[2]

Bibliography

[edit]
  • Making Innovation Work: How to Manage It, Measure It, and Profit From It (by Tony Davila, Marc J. Epstein, and Robert Shelton, Wharton School Publishing, 2005, ISBN 0-13-149786-3),
  • Strategic Supply Chain Management: The Five Disciplines for Top Performance (by Shoshanah Cohen and Joseph Roussel, McGraw-Hill, 2004, ISBN 0-07-143217-5),
  • Strategic IT Portfolio Management (by Jeffrey Kaplan, PRTM, 2005, ISBN 0-9766093-0-4),
  • Next Generation Product Development: How to Increase Productivity, Cut Costs, and Reduce Cycle Times (McGraw-Hill, 2004),
  • Setting the PACE in Product Development: A Guide to Product And Cycle-time Excellence (by Michael E. McGrath, Butterworth-Heinemann, rev. ed. 1996, ISBN 978-0-7506-9789-7),
  • Voices into Choices: Acting on the Voice of the Customer (by Gary Burchill and Christina Hepner Brodie, Joiner Associates, 1997, ISBN 1-884731-13-9),
  • Product Strategy for High-Technology Companies: How to Achieve Growth, Competitive Advantage, and Increased Profits, (by Michael McGrath, McGraw-Hill, 2nd ed., 2000, ISBN 0-07-136246-0).

References

[edit]
  1. ^ "PwC Completes Acquisition of PRTM". PR Newswire. 22 August 2011. Retrieved 7 April 2020.
  2. ^ "New Company Offers Online Benchmarking of Supply-Chain Management". Pharmaceutical Online. 1 March 1999. Retrieved 14 April 2020.