The Parthenon Group pre-placement talk | 1st December 2008

The Parthenon Group team was represented by the following people at the pre-placement talk held on 1^st December.

Chip Greene, Partner & Asia Head

Vanessa Webb, Senior Principal

Ram Kapadia, Principal

Viren Pereira, Principal

Irina Kholkina, Associate

 

The Parthenon Group was founded in 1991 and has around 200 consultants in 4 offices across the world. Parthenon has offices in Boston, London, Mumbai and San Francisco. Parthenon has 16 members in its Mumbai office, which was opened earlier this year. Parthenon works across a broad array of industries with thrust on Private Equity due diligence and Education sector. India is Parthenon’s Asia headquarters.

Unique Business model: Parthenon combines Traditional Strategic consulting with At-Risk consulting and Strategic Value consulting. Parthenon charges its client on the basis of the quality of advice delivered and the enhancement in equity value of the client. It has pioneered a unique revenue model of taking up equity instead of charging a fixed fee. Professionals have the flexibility of working with a broad range of companies. Due to the niche operational space, Parthenon offers superior compensation to its advisory professionals.

Its three major revenue streams are Private Equity, Education (for-profit and not for profit companies) and Corporate Strategy. Most of the work done in Asia is focused on growth strategy. In Private Equity space, Parthenon focuses on due diligence on investment opportunities + strategy & performance improvement for portfolio companies. In its Education practice the focus is on growth strategy, business development and profit improvement.

The bulk of Parthenon’s professionals are graduates from Tuck, HBS, Sloan and Stanford. Parthenon had recruited 2 professionals from ISB last year.

Selection Criteria:

Parthenon looks for smart, nice and driven professionals having an entrepreneurial spirit. The firm focuses on building and preserving its relationships with clients and provides them with customized and actionable insights. The highly analytical nature of work demands that Parthenon recruit and retain extremely bright and intellectually curious individuals.

Pro-Bono assignments: Andre Agassi Charitable foundation, London Music Masters and Action For Kids

Charitable Donations: MESCO, Excel Academy Charter School and The Women’s Union

Volunteering: Action For Kids, INSPIRE

Career Track: 

The following are the positions and responsibilities in Parthenon’s hierarchy:

Principal: Execute & Manage

Case Team Leader: Execute, Manage and Lead

Senior Principal: Manage, Lead and Develop

Partner: Lead and Develop

How is Parthenon different?

Focus is on strategy formulation. The focus will predominantly be on strategy projects and not on operations and implementation

Responsibility: Consultants get a broader set of analytical, managerial and client responsibilities early on in their career

Opportunity: The opportunity to influence the direction of a growing entrepreneurial firm

Learning: Learning at an unparalleled rate with better access to firm leadership with a two-case model. Non-hierarchical structure

Compensation: Premium compensation driven by a unique mix of consulting and investing

Culture: Develop relationship with members for life

Timelines:

Resume submission: 15^th December

Interview: 17^th Jan

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