Bain & Company

Bain & Company is a global consultancy that helps the world’s most
ambitious change-makers define the future.  Across 59 offices in 37 countries, the
firm works alongside clients as one team with a shared ambition to achieve
extraordinary results, outperform the competition, and redefine industries. Bain &
Company complements its tailored, integrated expertise with a vibrant ecosystem
of digital innovators to deliver better, faster, and more enduring outcomes. Its 10-
year commitment to invest more than $1 billion in pro bono services brings its
talent, expertise, and insight to organizations tackling today’s urgent challenges in
education, racial equity, social justice, economic development, and the
environment. Since the founding of Bain & Company in 1973, it has measured its
success by the success of its clients, and proudly maintains the highest level of
client advocacy in the industry. While the firm’s client list is closely guarded, Bain
is known to have worked with such prestigious names as De Beers, Dell, Ford,
Charles Schwab, Starbucks, Del Monte, KIPP, and Bill & Melinda Gates
Foundation.

1) Does this consulting firm offer accounting/audit services as well?

Bain’s Consulting Services
Our management consulting services focus on our clients' most critical
issues and opportunities: strategy, marketing, organization, operations, technology,
transformation, digital, advanced analytics, corporate finance, mergers &
acquisitions and sustainability across all industries and geographies. We bring
deep, functional expertise, but are known for our holistic perspective: we capture
value across boundaries and between the silos of any organization. We have
proven a multiplier effect from optimizing the sum of the parts, not just the
individual pieces.

2) What does the article say about this firm? Why do you think it is part of the top
consulting firms?

Measurable results
Bain touts a practical approach to client engagements and backs those claims up by
measuring the results. According to the firm (and attested to by calculations from
PricewaterhouseCoopers), its clients' stock prices outperform the market by four to
one. Bain's sales and marketing cases deliver on average more than 25 percent
revenue growth. Bain-supported merger integrations on average generate 20
percent higher excess shareholder returns Furthermore, 85 percent of Bain's
performance improvement work produces yields worth more than ten times the
fees charged for the work.

Bain’s distinctive Results Delivery® foundation is embedded into every Bain

engagement. This approach focuses on predicting, measuring and managing risk
associated with a change from day one which helps clients realize results more
consistently and predictably than their competitors.

Further evidence of the firm's confidence in its ability to produce results can be
found in the practice of "tied economics"—something that Bain pioneered. To
ensure alignment between a client's goals and the firm's work, Bain often takes
equity in lieu of fees, which means that Bain is only successful when its clients are
successful.

An entrepreneurial spirit

Bain has fostered its entrepreneurial culture since its founding when a handful of
consultants left one of its competitors to build a new firm founded on the
innovative principle of "results, not reports." At the time, Bain's approach was
unique in the market—no other major players were attempting to differentiate in
that way. That culture, and the transferable skills Bain consultants develop, is
clearly a great benefit for those interested in pursuing their own businesses–in fact,
many Bain alumni go on to be successful entrepreneurs.

Private equity leader

Bain was the first consultancy to work with private equity firms and has worked on
half of the largest buyout deals in the last decade. The firm's practice provides fund
strategy, sector screening, and deal generation, due diligence, portfolio company
performance improvement, and exit planning for clients. Having carved a niche for
itself in this area, the firm claims that its private equity practice is over three times
larger than that of the next-largest consulting firm serving private equity funds.

Transformative social impact

Bain partners with organizations that have pioneered and scaled models of change
that demonstrably work, but which often lack access to the type of strategic
consulting the firm can provide to help them reach full potential. This is why
Bain’s 10-year commitment to invest $1.1 billion in pro bono consulting work is so
important. Bain’s social impact work focuses on four key areas::

 Education: Improve the futures of underserved children

 Economic Development: Foster inclusive economic growth by leveraging
markets and enterprise models
 Environment: Accelerate market-oriented solutions to environmental
sustainability
 Racial Equity and Social Justice: Address structural racism and other
systems of oppression

Bain works with environmental nonprofits to strengthen their conservation efforts,

and with corporate clients to integrate sustainability goals and approaches into the
core of companies’ strategies. The firm is proud to lead the industry on
environmentally responsible practices as a Certified 100% CarbonNeutral
Company® since 2012.  In 2020, Bain signed the Business Ambition for 1.5°C,
committing to achieve net carbon zero emissions by 2030. Bain is also a member
of the United Nations Global Compact, an initiative to implement sustainable and
socially responsible practices into business operations.

Bain Social Impact includes formal, pro bono casework alongside a grassroots
infrastructure that enables its employees to further enhance their personal impact—
through volunteering, fundraising, and global externships–on causes that they are
passionate about. The firm also maintains a close partnership with The Bridgespan
Group, a leading non-profit consulting firm incubated by Bain in 2000.