The History of the Evolution of Strategy as a Professional Service - Harvard Business Review
I spoke recently with Walter Kiechel about his new book, The Lords of Strategy, which describes the rise of the large strategy consulting firms — BCG, McKinsey, and Bain — as well as the business school professors who contributed conceptual frameworks and pragmatic insights to the strategy revolution. Kiechel, a former Managing Editor at Fortune magazine, was the Editorial Director of Harvard Business Publishing from 1998 to 2002. HBR: Two of the big themes in the evolution of strategy thinking from the 1960s to the present particularly caught our eye. The first is the rise of frameworks that brought with them Greater Taylorism — sharp-penciled analytics that focus on costs and efficiency. The second is about helping employees to learn, innovate, and change. Why is the first set of ideas so much better understood?