A Consultancy Tells Its Side Of The Story

A.T. Kearney continues on a strong growth track, with revenues up 18.5% in 1998 on a constant-currency basis ("What's dragging down A.T. Kearney," Management, May 10). While that's slower than in recent years, it's a growth rate that many companies, including most of our large high-value-added competitors, would envy. Over time, our firm has enjoyed 15-year growth compounded at 25% per year, more than twice the industry average. We have doubled in size every three years for the past 15 years.

While we're proud of Kearney's heritage in operations consulting, our vision is to be the leading high-value-added management consultancy with a full spectrum of services, including strategy, operations, and information technology. We have expanded our global strategy practice rapidly, with gross revenues up 25% in 1998. Strategy consulting represents approximately one-third of our business.