Booz & Company: The company

Booz & Company is an international consulting company that employs over 3,300 people in 60 offices across the globe. It is the oldest firm in business that specialises in management consulting. Headquartered in New York, Booz is a partnership, owned entirely by its officers since its split from Booz Allen Hamilton's U.S. Government consulting business in 2008. Booz & Company has 75 of the world's 100 largest companies as clients. The company's major areas of expertise include information technology, organisation and change management, strategy, operations and logistics, assurance, and economic business analysis. In Australia, Booz has offices in Auckland, Canberra, Melbourne, Sydney and Brisbane.

Consulting jobs at Booz & Company

Booz recruits employees from the best business schools and operates on the Cravath System, promoting consultants on certain career paths within a certain period of time. The company challenges its consultants from day one and pushes them to be innovative and think outside the box. It has a multi-tiered awards program and a 360-degree appraisal process designed to recognized the best and the brightest within its ranks.

At Booz, new consultants and associates undergo an extensive orientation program, which includes targeted courses in management, consulting, and business development, mentoring programs, cross-functional assignments, and immersion programs.

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Booz & Company was founded by Edwin Booz in Chicago in 1914. Booz, a graduate of Northwestern University, had a theory that businesses would be more successful if they had impartial experts outside their companies to call on for advice. His theory grew into the management consulting profession.

In 1916, Booz and two partners founded the Business Research and Development Company, a start-up that performed market research and did investigational work for commercial and trade organisations. It was Booz who defined the management consulting profession and his company that coined a number of terms and concepts that are now crucial to the consulting practice, including product life cycle, supply chain, supply chain management, and the PERT Chart.

In 2008, Booz & Company separated its operations from its federal government consulting business in the U.S., which has kept the parent company's name, Booz Allen Hamilton. Booz Allen Hamilton is owned by The Carlyle Group, a private equity firm, while Booz & Company took its commercial consulting business and government consulting outside the U.S. and now operates as a partnership. The two companies collaborate on several joint opportunities and have a non-compete agreement that will lapse in 2011, allowing Booz & Company to return to the U.S. Government market.