Name that acronym
OOO
What is out of office?
This consulting firm was purchased by EY in 2014 in order to expand their advisory services
What is EY-Parthenon?
Indra Nooyi, CEO of PepsiCo and SOM alumnus, worked at this consulting firm after graduation. (Bonus points for naming her internship firm as well)
What is BCG?
(Bonus: Booz Allen Hamilton)
To make use of; to translate into additional gains. This is an extremely common consulting word.
What is leverage?
Professor Constanca Esteves-Sorenson worked at this consulting firm.
What is BCG?
ZBC or ZBB
What is "zero based costing" or "zero based budgeting"
The three founders of L.E.K originally worked at this firm.
What is Bain & Co.?
A 2008 study by USA Today showed that alumni of this consulting firm had a 1 in 690 chance of becoming a CEO! The highest of any company in the world.
What is McKinsey & Co.?
A term used to mean you must "determine whether a result makes sense based on intuition and experience."
What is the "smell test" or "sniff test"?
Professor Florian Ederer worked at this consulting firm
What is McKinsey?
MECE
What is mutually exclusive, collectively exhaustive?
This firm was actually the Chicago office of McKinsey until they split in 1939.
What is A.T. Kearney?
Most consulting firms are privately held, name a firm that is actually publicly traded!
What is Booz Allen Hamilton, Accenture, Marsh & McLellan, Huron, etc.
A term used to mean "to get beyond the higher-level summary and go into the details."
What is to "drill down" or "deep dive" or "double click"?
Professor Joyee Deb worked at this consulting firm
What is Accenture?
WIP
What is work in progress?
This firm was established in 1845 in London after its founder was the first person to be appointed an independent auditor of a public company.
What is Deloitte?
This firm was recently hired by the Amazon-JPMorgan-Berkshire venture to help develop its strategy for lowering healthcare spending.
What is (Monitor) Deloitte?
A Consultant might be told they're doing this if they are not being focused enough.
What is "boiling the ocean"
Professor Michael Sinkinson worked at this consulting firm
What is McKinsey? / What is Cornerstone?
SWAG or POOMA
What is "scientific wild-a** guess" or "pulled-out-of-my-a**"
This firm was founded in 2000 by a Harvard Business School Professor.
What is Innosight?
This famous singer worked at BCG
Who is John Legend
A term for "a product, concept, analysis, or service that is irreplaceable and needs to happen for success."
What is "Mission-critical"?
Professor Julia DiBenigno worked at this consulting firm
Deloitte (Human Capital)