Company type | Private Company |
---|---|
Industry | Management consulting |
Founded | 1886 (formally incorporated as ADL in 1909) |
Headquarters | Brussels, Belgium[1] |
Key people | Ignacio Garcia Alves, Global CEO |
Products | Management consulting services |
Number of employees | 509 [2012 data] 644 [2010 data][2] |
Website | www |
Arthur D. Little is an international management consulting firm originally headquartered in Boston, Massachusetts, United States, and formally incorporated by that name in 1909[3] by Arthur Dehon Little, an MIT chemist who had discovered acetate. Arthur D. Little pioneered the concept of contracted professional services. The company played key roles in the development of business strategy, operations research, the word processor, the first synthetic penicillin, LexisNexis, and NASDAQ. Today the company is a multi-national management consulting firm.
The roots of the company were started in 1886 by Arthur Dehon Little, an MIT chemist, and co-worker Roger B. Griffin (Russell B. Griffin), another chemist and a graduate of the University of Vermont who had met when they both worked for Richmond Paper Company. Their new company, Little & Griffin, was located in Boston where MIT was also located. Griffin and Little prepared a manuscript for The Chemistry of Paper-making[4] which was for many years an authoritative text in the area. The book had not been entirely finished when Griffin was killed in a laboratory accident in 1893.[3]
Little, who had studied Chemistry at MIT, collaborated with MIT and William Hultz Walker of the MIT Chemistry department, forming a partnership, Little & Walker, which lasted from 1900 to 1905, while both MIT and Little's company were still located in Boston.[3] The partnership dissolved in 1905 when Walker dedicated his full time to being in charge of the new Research Laboratory of Applied Chemistry at MIT.[3]
Little continued on his own and formally incorporated the company, Arthur D. Little (ADL), in 1909.[3] He conducted analytical studies, the precursor of the consulting studies for which the firm would later become famous. He also taught papermaking at MIT from 1893 to 1916.[5]
In 1916 ADL was commissioned by the Canadian Pacific Railway to do a survey of Canada's natural resources.[6] In 1917, the company moved to a building of its own, the Arthur D. Little Inc., Building, at 30 Memorial Drive on the Charles River next to the campus of MIT which had moved to Cambridge from Boston in 1916.[3][7] In November 1953, ADL opened a forty acre site for their Acorn Park labs in West Cambridge, Massachusetts, near Arlington, Massachusetts, which is about 6 miles (10 km) from MIT.[7] The Memorial Drive Trust, a tax-exempt retirement trust for the benefit of its employees was set up.[8]
In 1981, ADL produced the European Commission's first white paper on telecommunications deregulation, having completed the first worldwide telecommunications database on phones installed, markets, technical trends, services and regulatory information.[6] It also helped privatize British Rail, generally regarded as one of the most complex privatization exercises in the world.
By 2001, Arthur D. Little had reached its peak. But, a new management team had badly mismanaged the company's core business, had engaged in manipulation of the Memorial Drive Trust, and attempted a sale of the Technology and Product Development business.[citation needed] The ADL Board of Trustees replaced this management team, but the damage had already been done, and Arthur D. Little had to file chapter 11 bankruptcy protection in 2002 [9]. At an auction in 2002, Paris-based Altran Technologies bought the Arthur D. Little brand name and financed a management buyout of the non-US offices.
Under Altran's ownership, Arthur D. Little successfully rebuilt its core practices in Oil & Gas, telecommunications, automotive and manufacturing, and chemicals. Arthur D. Little continues to be very active and recognized for its expertise in areas combining aspects of of Technology, Innovation, and Strategy.
On 14 November 2011, Dr. Träm "resigned" as ADL CEO as ADL prepared a management buyout from the Altran group. He left ADL shortly after.[10] The MBO was completed on 30 December 2011 with the majority of ADL directors becoming partners. The firm is led by the newly elected global CEO, Ignacio GARCIA ALVES, who was also the leader of the MBO team.[11]
It has been ranked as one of the top management consulting firms. Arthur D. Little ranked 21st in the 2013 Vault ranking of Prestige Consulting firms.[12][13]
Arthur D. Little publishes a number of regular global studies including:
A collection of ADL thought leadership called PRISM is published twice a year.[18]
In 1987, ADL claimed that sabotage was the cause of the Bhopal disaster, which resulted in the death of thousands.[19] ADL was paid by Union Carbide, the company that owned the chemical plant responsible for the chemical disaster, causing critics, Indian government officials, and environmentalists to charge that ADL's report was not independent.[20]