| Topic Name: |
Arthur D. Little |
| Message Name: |
ADL Learning Firm |
| Date Posted: |
03/06/2001 |
| In Reply To: |
On 3/3/01 Financial Times published an article stating that Arthur D Little released a statement to its staff warning them about cash-flow problems and other problems withing the various business lines. Could someone from the inside please summarize what was said in the official statement? According to the article, ADL also mentioned a need for "reorganization" of the managment consulting division. What exactly do they mean by "reorganization"? Are they implying that there will be layoffs or office closings |
| Message: |
ADL is run by a few hundreds of entrepreneur-minded consultants who are specialists in their own areas. It has been in a near-death situation since its inception 100 years ago.
ADL may have financial difficulties as it has invested significantly in c-quential (ADL Internet consulting arm) which failed to be listed on Nasdaq.
ADL have been talking about spinning off the Management Consulting unit since 1990s. Although many strategy boutique firms founders have their early days at ADL - ie Founders of BCG, Bain, Mar - ADL must conclude it commitment to strategy consulting.
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