Thursday, March 14, 2013
The Monitor Group, the top-drawer consulting firm founded by strategy guru Michael Porter, is now part of Deloitte. The bean counters rescued what was left of the company after it declared bankruptcy late last year.
The strategic failure of a strategy company should make for an interesting story. Maybe Mark Bowden or Michael Lewis will take a stab at it.
Two interesting pieces offer contrasting perspectives on the collapse of Monitor:
Farah Stockman: Why did the smartest guys in the room go bankrupt?
Steve Denning: What Killed Michael Porter's Monitor Group?
I posted on Porter and his approach to strategy here: