EIU Canback
| Subsidiary | |
| Industry | Management consulting |
| Founded | 2004 |
| Founder | Staffan Canback, Justin Dangel |
| Headquarters | Boston, Massachusetts, United States |
Key people | Staffan Canback, Managing Director; Jon Mayes, Arshad Abba, Ying Li, Vice Presidents |
| Products | Management consulting services |
| Website |
www |
Canback Consulting (an independent business unit of Economist Group) is a global management consulting firm headquartered in Cambridge, Massachusetts, United States. The firm provides advisory services for senior management of global corporations.
The firm's distinction, according to its website, is its combination of excellence in quantitative analysis and its consultants' street-level experiences in the markets it covers, which is converted into understandable and practical recommendations.
Practices are strategy, M&A due diligence, sources growth, corporate finance, and organizational performance.
The firm also publishes insights on management, M&A[1] and statistics.[2] Dr Canback's paper on "The Logic of Management Consulting"[3] has been cited by 136 articles for its theories on the industry.
Offices are located in Boston, Chicago, Mexico City, London, Johannesburg, Beijing, Shanghai, and Jakarta.[4]
History
Canback was founded in 2004 under the name Canback Dangel by Dr. Staffan Canback, a Harvard Business School alumnus and former partner at McKinsey & Co. and Monitor Company; and Justin Dangel, a venture capitalist and entrepreneur[5] The name was later changed to Canback & Company, and it operated under this title until its acquisition by The Economist Group through its Economist Intelligence Unit subsidiary in July 2015.[6]
Services and clients
Canback offers management consulting to global companies and private equity firms. The firm has five practices: Strategy, M&A Due Diligence, Sources of Growth, Corporate Finance, and Organizational Performance.
Clients are global companies mainly within sectors: Consumer Goods, Tech & Media, Retail, Industrials, and Financial Services.
Geographies
Canback has since its founding worked on the ground in 89 countries. A particular expertise in emerging countries.[7]
The geographic project split is: Global 24% Latin America 29%; Africa 23%, Europe 9%; Asia 8%; North America 7%.
Recruiting
Canback employees are mainly recruited directly from premier universities including Harvard, MIT, Yale, Tufts, Dartmouth, University of Cape Town, and Boston University. The firm favors candidates with exceptional quantitative skills.
Canback Global Income Distribution Database (C-GIDD)
In addition to consulting, Canback built and runs a worldwide database with comprehensive GDP and household income data – the Canback Global Income Distribution Database (C-GIDD)[8] – covering 213 countries divided into 697 sub-divisions and 997 cities as of October 2018. It includes historical data and projections 2002 - 2027 and national-level data 1970 - 2038. The database also provides a breakdown by socioeconomic level as defined by AMAI. C-GIDD is available as a subscription service.[9]
C-GIDD uses hundreds of sources including global bodies like the UN and IMF, national statistics agencies, and sub-national statistic agencies within larger countries.
The C-GIDD database also powers the EIU’s Market Explorer, an online tool for forecasting target markets across countries and cities.[10]
References
- ↑ Canback, Staffan, A Lightweight Note on Success in Mergers and Acquisitions (June 1, 2004).
- ↑ Canback | Insights
- ↑ Canback, Staffan, The Logic of Management Consulting, Part 1 (1998). Journal of Management Consulting, Vol. 10, No. 2, pp. 3-11, 1998.
- ↑ Canback | Office directory
- ↑ Canback | History
- ↑ The Economist Intelligence Unit Acquires Canback & Company, a Boston-Based Predictive Analytics Consulting Firm
- ↑ Where in the World Is the Market? The Income Distribution Approach to Understanding Consumer Demand in Emerging Countries
- ↑ C-GIDD
- ↑ C-GIDD Frequent Asked Questions
- ↑ Market Explorer