Partnership | |
Industry | Management consulting |
Founder | Michael A. Bell, Thomas Craig, Joseph Fuller, Mark Fuller, Michael Porter and Mark T. Thomas |
Headquarters | Cambridge, Massachusetts, United States |
Number of locations
|
27 offices |
Key people
|
Bansi Nagji (Global Leader for Monitor Deloitte) David Martin (Head of Global Strategy) |
Number of employees
|
Approximately 1,500 |
Parent | Deloitte |
Website | www.monitor.com |
Bansi Nagji (Global Leader for Monitor Deloitte)
Monitor Deloitte is the multinational strategy consulting practice of Deloitte Consulting LLP. Monitor Deloitte specializes in providing strategy consultation services to the senior management of major organizations and governments. It helps its clients address a variety of management areas, including: Corporate & Business Unit Strategy, Digital Strategy, Demand Analytics, Innovation, Organization and Leadership, Economic Development and Security, Marketing, Pricing & Profitability.
Prior to its acquisition by Deloitte in January 2013, Monitor Deloitte was an American strategy consulting practice known as Monitor Group. Monitor Group was founded in 1983 by six entrepreneurs with ties to the Harvard Business School, including Michael Porter. The advisory services now offered by Monitor Deloitte are in line with Monitor Group's legacy expertise, but expanded to a broader set of implementation and capabilities design focused on greater resilience to economic uncertainty.
Today, Monitor Deloitte is a distinct market-facing strategy and business transformation practice. It is led by Bansi Nigja who is a principal of Deloitte Consulting LLP. Prior to the merger with Deloitte, Bansi Nigja was President of Monitor Group and led the firm’s global innovation practice.
Monitor Group was founded in 1983 by six entrepreneurs with ties to Harvard Business School, including Michael Porter, Mark Fuller, and Joseph Fuller.
In 2008, the Corporation for National and Community Service honored Monitor for outstanding pro bono service for its 10-year partnership with and providing consulting resources for New Profit Inc., a national venture philanthropy fund, as well as its consulting work through Monitor Institute. More than 250 Monitor Group consultants have participated in projects supporting New Profit and its portfolio organizations.
Monitor was hit by the 2008 economic crisis. The company laid off nearly 20% of its workforce and closed several small offices. According to co-founder Joe Fuller, 2008 revenue was up on the previous year, but he stated that Monitor continued to anticipate "a demanding and tough market in the short term". Monitor also operated a research captive called Grail Research which was sold to Integreon in 2010, which is a member company of the Ayala Corporation