Jump to content

Monitor Deloitte: Difference between revisions

From Wikipedia, the free encyclopedia
Content deleted Content added
Libya work ~~~~ Key information about the groups efforts to promote Qadhafi and his regime to global media
Line 37: Line 37:
==Reputation==
==Reputation==
Monitor has been featured in numerous publications for the quality of its learning- and feedback-oriented culture, as well as it's collegial workplace morale.<ref name="vault.com"/> The company was chosen as one of “10 Best Firms to Work For” by the ''[[Consulting Magazine]]'' in three of the last ten years that the list was compiled (2002, 2006, and 2008)<ref>"Best Firms to Work For" [http://www.consultingmag.com/article/ART646235] Consulting Magazine</ref> and was ranked 6th in the 2010 “50 Most Prestigious Consulting Firms” ranking by [[Vault Guide]].<ref>"Consulting Firm Rankings 2010: Vault Consulting 50" [http://www.vault.com/wps/portal/usa/rankings/individual?rankingId1=77&rankingId2=77&rankings=1&regionId=0] [[Vault Guides]]</ref>
Monitor has been featured in numerous publications for the quality of its learning- and feedback-oriented culture, as well as it's collegial workplace morale.<ref name="vault.com"/> The company was chosen as one of “10 Best Firms to Work For” by the ''[[Consulting Magazine]]'' in three of the last ten years that the list was compiled (2002, 2006, and 2008)<ref>"Best Firms to Work For" [http://www.consultingmag.com/article/ART646235] Consulting Magazine</ref> and was ranked 6th in the 2010 “50 Most Prestigious Consulting Firms” ranking by [[Vault Guide]].<ref>"Consulting Firm Rankings 2010: Vault Consulting 50" [http://www.vault.com/wps/portal/usa/rankings/individual?rankingId1=77&rankingId2=77&rankings=1&regionId=0] [[Vault Guides]]</ref>

==Work with Muammar Qadhafi Regime==

That the group had been retained to work for the Regime in [[Libya]], ''[[Mother Jones (magazine)|Mother Jones]]'' article states that the group "had been retained "not to promote economic development, but 'to enhance the profile of [[Libya]] and [[Muammar Qadhafi]].'"<ref name=Corn/> The article went on to quote documents from 2006 that showed:

<blockquote>
Mark Fuller, the CEO of Monitor, and Rajeev Singh-Molares, a director of the firm, wrote,

<blockquote>
Libya has suffered from a deficit of positive public relations and adequate contact with a wide range of opnion-leaders and contemporary thinkers. This program aims to redress the balance in Libya's favor<ref name=Corn>[[David Corn|Corn, David]] (2011-03-03) [http://motherjones.com/politics/2011/03/libya-qaddafi-monitor-group?page=1 From Libya with Love], ''[[Mother Jones (magazine)|Mother Jones]]''</ref>.
</blockquote>
</blockquote>

The article sites internal an internal document concerning the firms with with Qadahfi's Regime. The document produced by ''[[Mother Jones (magazine)|Mother Jones]]'' is titled "Project to Enhance the Profile of Libya and Muammar Qadhafi." The projects stated goal was

<blockquote>


According to the proposal agreed on July 4th 2006, the goal of the project was defined as follows:

“The project is a sustained, long term program to enhance international understanding and appreciation of Libya and the contribution it has made and may continue to make to its region and to the world. It will emphasize the emergence of the new Libya and its ongoing process of change.”

During the course of the project a second important goal was introduced by the client. This goal is to introduce Muammar Qadhafi as a thinker and intellectual, independent of his more widelyknown and very public persona as the Leader of the Revolution in Libya<ref name=Corn>[[David Corn|Corn, David]] (2011-03-03) [http://motherjones.com/files/project_to_enhance_the_profile_of_libya_and_muammar_qadhafi.pdf Project to Enhance the Profile of Libya and Muammar Qadhafi], ''[[Mother Jones (magazine)|Mother Jones]]''</ref>.

</blockquote>


==Recruiting==
==Recruiting==

Revision as of 17:59, 4 March 2011

Monitor Group
Company typePartnership
IndustryManagement Consulting
Founded1983
Headquarters Cambridge, Massachusetts
30 offices around the world
Key people
Mark Fuller, Chairman & Co-Founder
Michael Porter, Co-Founder
Joseph Fuller, Co-Founder
Stephen Jennings, Managing Partner
Thomas Craig, Co-Founder
Mark T Thomas, Co-Founder
Number of employees
1,500 employees worldwide
Websitewww.monitor.com

Monitor Group is a global management consulting firm. They provide advisory services in the areas of business strategy, capability building, and capital services to senior management of businesses, governments, and social-sector organizations.

Monitor has been ranked among the most prestigious consulting firms,[1] as well as on Consulting Magazine's "Best Firms to Work For" list.[2] The firm is a leader in the growth and innovation sectors and has achieved success in this arena with many of its clients. Monitor has been known for “being different” in its approach to consulting, notably for more comprehensive client involvement, a uniquely meritocratic and flexible career path for consultants, and a strong emphasis on work/life balance.[2]

Monitor was founded in 1983 by a group of eight entrepreneurs with ties to the Harvard Business School: Michael Porter, Mark Fuller, Joseph Fuller, Mary Kearney, Michael Bell, Mark Thomas, and Thomas Craig.

It is currently headquartered in Cambridge, Massachusetts, and has 30 offices in 26 major cities around the world.[3]

Organization

Managed as an integrated system of international offices, Monitor’s offices are not treated as separate profit-generating units, but rather as different posts of a single company. The profits generated by all offices are brought in together as a firm.[4]

Monitor Group actually encompasses a network of several different companies, each with their own variety of services, for example: Market2Customer (M2C) provides marketing research and customer analysis; Monitor Action Group creates strategic plans; Monitor REC (Regional Economic Competitiveness) develops strategies to improve investment decisions, economic competitiveness and security; and Monitor Executive Development teaches key findings to chief executives.[5]

According to editor-in-chief of Consulting Magazine, Jack Sweeney, Monitor Group is well-known for being different.[6] Monitor's corporate stratification includes titles such as "thought leaders" and "chief knowledge officer" in lieu of groups of vice presidents and corporate spokespeople.

Monitor Group is a co-sponsor of the Fast Company Social Capitalist Awards, which identify 45 top social entrepreneurs that are changing the world.[7] The firm has also donated more than $20 million[citation needed] in pro-bono strategic resources and support to New Profit Inc., a nonprofit venture philanthropy fund, since New Profit's founding in 1998. In addition, more than 250 Monitor Group consultants have participated in projects supporting New Profit and its portfolio organizations.[8] The firm received a Pro Bono Award from the US President's Council on Service and Civic Participation as a result of these efforts.[9]

Monitor was hit by the 2008 economic crisis. In September 2008 they laid off nearly 20% of their workforce and closed several small offices. According to Joe Fuller, 2008 revenue was up on the previous year, but they anticipate "a demanding and tough market in the short term".[10]

Competitors

Monitor’s main competitors in the high-level strategy consulting market are McKinsey & Company, The Boston Consulting Group, Booz & Company, and Bain & Company.[11]

Clients

Monitor Group does not disclose its list of clients, which includes Fortune 500 companies, nonprofits and government institutions. Even when discussing clients in-house, Monitor uses acronyms to protect client's identities, a mark of Monitor's hyper-confidentiality.[6] Some engagements that have appeared in the press due to their public nature include a major initiative with the Libyan government[12][13] and an organizational effort with the University of California.[14]

Reputation

Monitor has been featured in numerous publications for the quality of its learning- and feedback-oriented culture, as well as it's collegial workplace morale.[1] The company was chosen as one of “10 Best Firms to Work For” by the Consulting Magazine in three of the last ten years that the list was compiled (2002, 2006, and 2008)[15] and was ranked 6th in the 2010 “50 Most Prestigious Consulting Firms” ranking by Vault Guide.[16]

Work with Muammar Qadhafi Regime

That the group had been retained to work for the Regime in Libya, Mother Jones article states that the group "had been retained "not to promote economic development, but 'to enhance the profile of Libya and Muammar Qadhafi.'"[17] The article went on to quote documents from 2006 that showed:

Mark Fuller, the CEO of Monitor, and Rajeev Singh-Molares, a director of the firm, wrote,

Libya has suffered from a deficit of positive public relations and adequate contact with a wide range of opnion-leaders and contemporary thinkers. This program aims to redress the balance in Libya's favor[17].

The article sites internal an internal document concerning the firms with with Qadahfi's Regime. The document produced by Mother Jones is titled "Project to Enhance the Profile of Libya and Muammar Qadhafi." The projects stated goal was


According to the proposal agreed on July 4th 2006, the goal of the project was defined as follows:

“The project is a sustained, long term program to enhance international understanding and appreciation of Libya and the contribution it has made and may continue to make to its region and to the world. It will emphasize the emergence of the new Libya and its ongoing process of change.”

During the course of the project a second important goal was introduced by the client. This goal is to introduce Muammar Qadhafi as a thinker and intellectual, independent of his more widelyknown and very public persona as the Leader of the Revolution in Libya[17].

Recruiting

Monitor Group recruits both at MBA and undergraduate levels, including online recruiting, for the "consultant" position, the title given to all of Monitor's professional staff.[18] Monitor's candidates typically come from top Ivy League schools and their international equivalents, liberal arts colleges and business schools across the world. Only around 2% of the undergraduate applicant pool receives offers.[19]

Offices

Notable current and former employees

References

  1. ^ a b http://www.vault.com/wps/portal/usa/companies/company-profile/Monitor-Group?companyId=331
  2. ^ a b http://www.consultingmag.com/article/ART220763?C=gURCsz77JMmNoIxj
  3. ^ http://www.monitor.com/AboutUs/GlobalOffices/tabid/114/L/en-US/Default.aspx
  4. ^ Vault Worldwide Snapshot: Monitor Group
  5. ^ "Monitor: Specialist Business Units" [1], retrieved August 13, 2010.
  6. ^ a b "Tuning into Monitor" [2] Boston Business Journal, retrieved January 21, 2008.
  7. ^ 2008 Fast Company/Monitor Group Social Capitalist Awards
  8. ^ "New Profit Inc."
  9. ^ Six Organizations Honored for Outstanding Pro Bono Service
  10. ^ "Giving advice in adversity" [3] Economist, retrieved December 23, 2008.
  11. ^ "Tuning into Monitor" [4] Boston Business Journal, retrieved January 6, 2008.
  12. ^ "Harvard Guru to Help Libya" [5] BusinessWeek, retrieved January 6, 2008
  13. ^ "Libya Gingerly Begins Seeking Economic but Not Political Reform" [6] New York Times, retrieved on January 6, 2008
  14. ^ "Q&A on University of California Restructuring Efforts"
  15. ^ "Best Firms to Work For" [7] Consulting Magazine
  16. ^ "Consulting Firm Rankings 2010: Vault Consulting 50" [8] Vault Guides
  17. ^ a b c Corn, David (2011-03-03) From Libya with Love, Mother Jones Cite error: The named reference "Corn" was defined multiple times with different content (see the help page).
  18. ^ "Tuning into Monitor" [9] Boston Business Journal, retrieved January 21, 2008.
  19. ^ "Monitor Group Employment: Vault Monitor Employment Snapshot"
  20. ^ H-E-B Names New Prez, Other Top Execs, Progressive Grocer
  21. ^ Eastman - Newscenter - Press Kit - Management Changes - Mark J. Costa
  22. ^ Mission & History
  23. ^ Katherine Fulton, Global Business Network
  24. ^ Alcatel-Lucent announces the appointment of Rajeev Singh-Molares as Senior Vice President, Strategy and corporate development Alcatel-Lucent
  25. ^ Professor John Wells
  26. ^ John Eric Francia - Executive Profile and Biography on BusinessWeek