PINOVA Capital’s Post

McKinsey & Company, Boston Consulting Group (BCG), Bain & Company are NOT Strategy Firms! The Big 3 of consulting are moving from being a Strategy Firm to Strategy Platform! Industries usually progress through life cycles, ending in maturity and decline, typically marked by declining profits. While it would be easy to see the consulting industry in this phase, the big three firms are more dominant and successful than ever. BCG, for instance, grew at 10% even through the 2008 financial crisis. However, the industry anticipates disruption due to technological advancements. Clayton Christensen (Developed the theory of "disruptive innovation") predicted in 2013 that the same disruptive forces affecting other industries would impact consulting. The consulting industry, especially the big three, have made aggressive bets to avoid this fate. In the past five years all firms have invested in startups, acquired digital and analytics capabilities, made acquisitions of smaller consulting firms and have developed broader capacities in analytics, design and technology. If you're preparing for consulting, check out the link in comments section! #MBB #consulting

McKinsey & Company, Boston Consulting Group (BCG), Bain & Company are NOT Strategy Firms! The Big 3 of consulting are moving from being a Strategy Firm to Strategy Platform! Industries usually progress through life cycles, ending in maturity and decline, typically marked by declining profits. While it would be easy to see the consulting industry in this phase, the big three firms are more dominant and successful than ever. BCG, for instance, grew at 10% even through the 2008 financial crisis. However, the industry anticipates disruption due to technological advancements. Clayton Christensen (Developed the theory of "disruptive innovation") predicted in 2013 that the same disruptive forces affecting other industries would impact consulting. The consulting industry, especially the big three, have made aggressive bets to avoid this fate. In the past five years all firms have invested in startups, acquired digital and analytics capabilities, made acquisitions of smaller consulting firms and have developed broader capacities in analytics, design and technology. If you're preparing for consulting, check out the link in comments section! gradnext #MBB #consulting

🐸 Today is Leap Day! A perfect occasion to highlight our new business-building efforts at Leap by McKinsey. As the global leaders of the Practice, my colleague Paul Jenkins and I explain why every day is a Leap day at McKinsey in our recent blog post: https://lnkd.in/ezt93j95 Our research shows that the time is now to invest in new business-building, which, as you see below, can lead to successful results. Since 2018, Leap has built hundreds of businesses that have generated billions of dollars in value. As Paul said, “Technology is making it easier to build than ever before.” And I agree. A lower barrier to entry will help usher in new ventures, opportunities, growth, jobs, and value. #McKinseyDigital #LeapbyMcKinsey #NewBusinessBuilding #LeapYear2024

This report is depicting what I spent my time on here at Accenture. Very interesting thought leadership from Jesper Strømann et al. on the potential of strategic managed services as a value creation lever within Private Equity. #managedservices #privateequity #strategy

Partnership is more than a transactional relationship; it’s a shared commitment to a common goal. At its core, partnership means trust, collaboration, and mutual growth. It’s about recognizing that we are stronger together—leveraging each other’s strengths to overcome challenges, innovate, and create something greater than the sum of its parts. True partnership requires shared vision, alignment of values, and a relentless focus on outcomes. It’s built on open communication, integrity, and an unwavering commitment to doing what’s best—not just for one party, but for all stakeholders involved. When we think about what it means to have the right partner, we think about Bain Capital Their strategic insights, global reach, and deep expertise have made them a tremendous partner for us. But what sets Bain Capital apart is their commitment to our shared vision. They don’t just invest—they collaborate. They listen. They push us to think bigger, execute smarter, and deliver better results. We often say, 1+1=3 in regards to our partnership With Bain Capital by our side, we’re not just achieving our goals; we’re setting new benchmarks. They exemplify what partnership should be: a dynamic relationship that drives growth, fosters innovation, and unlocks untapped potential. Here’s to the power of partnership—and to all of us finding partners who help us reach new heights. -11N

As a former member of Bain's #PrivateEquity Group, with a couple other stints in PE & CorpDev, I enjoy reading Bain & Company's Private Equity report each year. It contains neatly distilled insights (à la Bain) from knowledgeable professionals, including former office colleagues such as Christophe De Vusser (Brussels - elected as the next CEO) and Karen Khalaf (Dubai - not elected as CEO yet!). Let me share a few key takeaways. ▶️ WHERE WE STAND: 🔸 Market has stalled – the speed at which interest rates increased has resulted in a huge drop in both number of deals and exit value 🔸 There are record levels of dry powder ready for deployment... a fourth of it waiting for 4+ years 🔸 Nearly half of buyout PortCos have been held for 4+ years ▶️ THIS WILL REQUIRE FUNDS TO: 🔸 Double down on value creation to generate operating leverage – focusing on activating organic, profitable growth 🔸 Manage the portfolio very deliberately to balance liquidity needs vs. capturing unrealized potential 🔸 Communicate clearly with LPs to instill confidence and stand out during fund-raising Of course, GenAI can't be left out of any serious analysis these days... ▶️ REFLECTIONS ON GEN AI: 🔸 Understand how GenAI might disrupt your industries and PortCos 🔸 Explore how to reduce back-office costs in your firms 🔸 More strategically (and arguably harder), unlock value by improving customer experience and helping your team focus on what only they can do 🔸 Use GenAI to sharpen insights across all your funds' lifecycle stages - sourcing, screening, due diligence, portfolio management and exit. While high returns in Private Equity may not be as common as in years past, there is a lot of value waiting for high performers who can adapt to the current conditions. I invite you to explore the report too! I include the link on the first comment.

as McKinsey & Company report on Nov,2024 organizations that allocate 20 percent of their #growth #capital to new #ventures achieve revenue growth that’s 2.0 percentage points higher than that of companies that don’t. For organizations worth more than $1 billion, this incremental growth rises to 2.5 percentage points

Accelerator Update #️⃣001 This will be a section where I’m gonna highlight different themes, businesses or people. Every day I’m screening  so much information and get much value from it. Why shouldn’t share some of it with my network. There will be an update every Friday… so stay tuned for this weeks one There is some structure: Topic Summary  Value  Suggestion to act -> Short, concise, precise Today is Announcement day so here is one… I’m excited to #TakeAStepForward and build practical skills for the future with McKinsey’s Forward program! You can still join me on this journey by applying to Forward here: mck.co/3QMJ8gI

CEOs are leaping into building new businesses. Market conditions present a unicorn moment right now, and business leaders and investors are bullish on building new businesses. In fact, companies that launched 15+ ventures over the last 5 years added 28% of new revenues. My colleagues – global co-leaders of Leap by McKinsey, Ari Libarikian and Paul Jenkins – explain why every day is Leap day here at McKinsey. ⬇️ https://lnkd.in/g9S-y-72 #McKinseyDigital #LeapbyMcKinsey #NewBusinessBuilding #LeapYear2024

CEOs are leaping into building new businesses. Market conditions present a unicorn moment right now, and business leaders and investors are bullish on building new businesses. In fact, companies that launched 15+ ventures over the last 5 years added 28% of new revenues. My colleagues – global co-leaders of Leap by McKinsey, Ari Libarikian and Paul Jenkins – explain why every day is Leap day here at McKinsey. ⬇️ https://lnkd.in/ej-5-3ZV #McKinseyDigital #LeapbyMcKinsey #NewBusinessBuilding #LeapYear2024