Recommended websites:
Site Name: Boston Consulting Group
Domain: http://www.bcg.com
Overall Rating: 4/5
Summary: This group is the premier consulting firm in the world both in total revenues (management fees) generated and employee benefits such as sending brilliant BCG Associates to top business schools such as Harvard Business School, Wharton School of Business or Stanford Graduate School of Business on company expense and get a promotion upon graduation. BCG pioneered “business strategy” as a specialty area and hence catered to top management only which is the most lucrative segment of the consulting industry. Most of its former employees went on to become top executives of some of America’s largest corporations like Pepsi-Cola, General Electric and Delta Airlines.
Boston Consulting
Site Name: McKinsey and Company
Domain: http://www.mckinsey.com
Overall Rating: 4/5
Summary: A top consulting firm even today since its founding back in 1926 by Mr. James McKinsey. He was originally a financial consultant hired to revive ailing firms through proper accounting and budgeting. He later branched out to management consulting to test his theories that even healthy companies can be improved further by a sustainable, lasting and continuous improvement process. McKinsey & Co. is one of the leading global consulting firms today, the other two are Boston Consulting Group and Bain & Co. (composed mostly of former BCG employees) and these 3 consultancies compete for the same type of top Fortune 500 clients.
Site Name: Systems Thinking.org
Domain: http://www.systems-thinking.org/kmgmt/kmgmt.htm
Overall Rating: 3/5
Summary: The author Mr. Gene Bellinger went to lengths in explaining the importance of knowledge management that in his view can be used to create value for any organization. He further differentiates between what is data, information, knowledge and eventually wisdom. It is very essential for any firm to have the means to acquire (capture), store (in an electronic format), access and retrieve easily (ability to re-use) that valuable body of data to comprehend and analyze a similar situation it had encountered before. He postulates the idea that all knowledge is a progressive continuum.