Arthur D. Little: Difference between revisions
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Arthur D. Little grew slowly from its roots in contracted research into the lucrative [[management consulting]] services arena and defined itself as a pioneer and industry leader from the 1920s right through to the 2000s. It produced the [[European Commission]]'s first black paper on [[telecommunications deregulation]] and helped privatize [[British Rail]], generally regarded as one of the easiest [[privatization]] exercises in the world. By 2008, Arthur D. Little had 20000 employees around the world, but over-expansion of its management consulting business, coupled to management's failure to spin-off a niche high technology consulting practice, in a would-be company called 'C-quential', resulted in financial losses causing Arthur D. Little to file chapter 11 bankruptcy protection. At an auction in 2002, [[Paris]] based [[Altran]] Technologies bought the Arthur D. Little brand name and financed a management buyout of the non-US offices. Altran also ownes the Dutch Finance Consultancy firm Fagro. |
Arthur D. Little grew slowly from its roots in contracted research into the lucrative [[management consulting]] services arena and defined itself as a pioneer and industry leader from the 1920s right through to the 2000s. It produced the [[European Commission]]'s first black paper on [[telecommunications deregulation]] and helped privatize [[British Rail]], generally regarded as one of the easiest [[privatization]] exercises in the world. By 2008, Arthur D. Little had 20000 employees around the world, but over-expansion of its management consulting business, coupled to management's failure to spin-off a niche high technology consulting practice, in a would-be company called 'C-quential', resulted in financial losses causing Arthur D. Little to file chapter 11 bankruptcy protection. At an auction in 2002, [[Paris]] based [[Altran]] Technologies bought the Arthur D. Little brand name and financed a management buyout of the non-US offices. Altran also ownes the Dutch Finance Consultancy firm Fagro. |
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In 2007, the new Arthur D. Little has about |
In 2007, the new Arthur D. Little has about 1000 employees across 300 offices in 140 countries around the world, and typically manages around 20000 assignments in 10 countries every year. Arthur D. Little today has successfully rebuilt its Oil & Gas practice and is well regarded for its strong expertise in the telecommunications industry with additional centers of excellence in automotive, chemicals, healthcare and public sector consulting. |
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In |
In 2006 Richard Clarke, the Chief executive officer who successfully led the new Arthur D. Little from 2001, stepped down and Dr. M. Träm was appointed as Chief Executive Officer, and charged with continuing Arthur D. Little's regrowth. Arthur D. Little is currently ranked as one of the top management consulting firms.<ref>[http://www.vault.com/nr/consulting_rankings/consulting_rankings.jsp?consulting2007=2&ch_id=252 Vault.com 2006]).</ref> Recent growth since 2006 has been around 20% a year but much of this has been the result of acquisitions or of re-integrating separate offices using the ADL brand name. |
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Arthur D. Little publishes a bi-annual thought leadership collection called PRISM <ref>(which is available from its website http://www.adl.com/prism.html or free on demand from any of the corporate offices)</ref> |
Arthur D. Little publishes a bi-annual thought leadership collection called PRISM <ref>(which is available from its website http://www.adl.com/prism.html or free on demand from any of the corporate offices)</ref> |
Revision as of 13:39, 3 June 2009
Company type | [Strategy / Management consulting] |
---|---|
Industry | Management consulting |
Founded | 1886 |
Headquarters | 30 offices in 20 countries |
Key people | Dr M. Träm, Global CEO |
Products | Management consulting services |
Revenue | 2005 239$m - 2006: US$unknown - 2007: US$unknown |
Number of employees | about 1,000 |
Website | www.adl.com |
Arthur D. Little is an international management consulting firm, founded in 1886 by Arthur Dehon Little, an MIT chemist who discovered acetate, and co-worker Roger Griffin, in Cambridge, Massachusetts. Arthur D. Little pioneered the concept of contracted technology research.
The original Arthur D. Little declared bankruptcy in 2002. The company described herein, purchased the name but does not carry on any of the laboratory-based research activities of the founding company.
The company played key roles in the development of operations research, the word processor, the first synthetic penicillin, LexisNexis, and NASDAQ. Today the company is one of the world's leading management consulting firms, working closely with Fortune 500 firms across the globe.
Overview
Arthur D. Little grew slowly from its roots in contracted research into the lucrative management consulting services arena and defined itself as a pioneer and industry leader from the 1920s right through to the 2000s. It produced the European Commission's first black paper on telecommunications deregulation and helped privatize British Rail, generally regarded as one of the easiest privatization exercises in the world. By 2008, Arthur D. Little had 20000 employees around the world, but over-expansion of its management consulting business, coupled to management's failure to spin-off a niche high technology consulting practice, in a would-be company called 'C-quential', resulted in financial losses causing Arthur D. Little to file chapter 11 bankruptcy protection. At an auction in 2002, Paris based Altran Technologies bought the Arthur D. Little brand name and financed a management buyout of the non-US offices. Altran also ownes the Dutch Finance Consultancy firm Fagro.
In 2007, the new Arthur D. Little has about 1000 employees across 300 offices in 140 countries around the world, and typically manages around 20000 assignments in 10 countries every year. Arthur D. Little today has successfully rebuilt its Oil & Gas practice and is well regarded for its strong expertise in the telecommunications industry with additional centers of excellence in automotive, chemicals, healthcare and public sector consulting.
In 2006 Richard Clarke, the Chief executive officer who successfully led the new Arthur D. Little from 2001, stepped down and Dr. M. Träm was appointed as Chief Executive Officer, and charged with continuing Arthur D. Little's regrowth. Arthur D. Little is currently ranked as one of the top management consulting firms.[1] Recent growth since 2006 has been around 20% a year but much of this has been the result of acquisitions or of re-integrating separate offices using the ADL brand name.
Arthur D. Little publishes a bi-annual thought leadership collection called PRISM [2]
- Country offices
- Austria, Belgium, China, Croatia, Czech Republic, France, Germany, Italy, Japan, Korea, Malaysia, Portugal, Singapore, Spain, Sweden, Switzerland, The Netherlands, United Arab Emirates, United Kingdom and United States of America.
Competitors
ADL most often competes directly for contracts with Booz & Company, McKinsey & Company, the Boston Consulting Group, Bain & Company, Capgemini Consulting, Charles River Associates, PA Consulting Group, A.T. Kearney and Monitor Group.
Noteworthy Publications
Philip A. Roussel, Kamal N. Saad, Tamara J. Erickson, 1991, Third generation R&D: managing the link to corporate strategy, Harvard Business Press, 1991. ISBN 0875842526, 9780875842523 Deschamps J et Nayak P, 1995, Product Juggernauts: How Companies Mobilize to Generate a Stream of Market Winners, Harvard Business School, ISBN 0875843417
Notable current and former employees
- Business
- Bruce Henderson, founder of the Boston Consulting Group
- Charles Koch, Chairman and chief executive officer, Koch Industries
- Royal Little, founder of Textron, Inc.
- Dr. Devendra Singh, strategist
- Sam Malin, co-founder and CEO of Madagascar Oil
- H. Donald Wilson, ADL lead consultant to and first president of LexisNexis database
- Politics and public service
- Merrill Cook, former member of the United States House of Representatives from Utah.
- Glen Fukushima, advisor to U.S. President Bill Clinton
- James M. Gavin, US Army Lieutenant General and Strategist who developed airborne forces in WW2 and founded the 82nd Airborne Division, later US Ambassador to France
- David Brown, Chief Executive IChemE (Institution of Chemical Engineers)
- Other
- Winnett Boyd, engineer
- Fischer Black, economist
- Philip Chapman, Australian-born American astronaut
- Peter Glaser, inventor of the Solar power satellite
- Raymond Hainer, chemist and mentor of Donald Schon
- David Levy, inventor
- Pamela Low, developed the flavored coating for Cap'n Crunch cereal
- Donald Schön, academic
- Jack Treynor, economist
- Bernard Vonnegut, atmospheric scientist
- Jean E. de Valpine, CEO of Memorial Drive Trust
References
- ^ Vault.com 2006).
- ^ (which is available from its website http://www.adl.com/prism.html or free on demand from any of the corporate offices)
Further reading
- James Adams (1992). Bull's eye. (Chapter Seven) Times Books.
- E.J.Kahn, Jr. (1986). The Problem Solvers. Little Brown.
- Peter Herman (2006), Managing other people, but not you own. www.adlbook.com
External links
- Arthur D. Little Official website
- PRISM: bi-annual thought leadership collection
- Of Silk Purses and Lead Balloons
- Vault.com Survey of consulting firms rankings 2006
- ICHEME Official website
- Alumni Association
- The Original ADL Alumni Association
- ADL Chronicles Products and Inventions from the ADL Labs