Strategic Planning

After a decade of gritty downsizing, Big Thinkers are back in corporate vogue

He was in his mid-20s and had never made a product, run a business, or managed an employee. But he was armed with a Harvard University MBA and a power suit, and he had a magic talisman: He was a consultant at one of the hottest strategy boutiques of the 1970s. And after he completed a presentation on Boston Consulting Group Inc.'s strategic ideas at a major U.S. company, the young consultant got his due when the board of directors erupted into enthusiastic applause.

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