Proudfoot is a consulting company. The company provides professional services across a wide range of industries and sectors.

Naming

The company was originally named Alexander Proudfoot PLC, after its founder. In 1993 it shortened its name to Proudfoot PLC. In January, 2001 it changed its name to the current name of Management Consulting Group, PLC.Management Consulting Group PLC - Company History
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Timeline

* 1946 - Mr Alexander "Alec" Proudfoot founded the Alexander Proudfoot Company in

Chicago Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of Unite ...

, USA. He led the business until his death in 1968, when the company was bought from his widow by senior management. * 1960s - Proudfoot began its expansion from Chicago, first in the USA and then in collaboration with Unibanco in

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. * 1970s - Proudfoot began operations in Europe, and opened a

London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...

office. * 1980s - To expand its global scope Proudfoot opened a

Singapore Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree ...

branch, followed by one in Sydney shortly afterwards. By the late eighties Proudfoot had offices across the Asia-Pacific region. * 1989 - Alexander Proudfoot PLC purchased Philip Crosby Associates, then a US Stock Exchange publicly traded company. This company deteriorated in the mid-1990s, closed in 1996 and partially resold in 1997 to its original owner. * 1991 - Alexander Proudfoot PLC took over from Indevo, a strategy consultancy with its Stockholm head office. Part of the business was sold and the remainder closed in 1993. * 1993 - Proudfoot PLC has changed its name to Proudfoot PLC. * 2000 - IMR Europe, a Proudfoot clone with significant presence in France and Spain, was bought by Proudfoot PLC. * 2001 - The name of Proudfoot PLC was changed to Management Consulting Group PLC.

Proudfoot

Overview

Proudfoot is a

consulting company A consulting firm or simply consultancy is a professional services, professional service business, firm that provides expertise and specialised labour for a fee, through the use of consultants. Consulting firms may have one employee or thousands; t ...

eponymous of its founder, Alexander Proudfoot, that was founded in

Chicago, Illinois Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of Unite ...

during 1946. Over its history it has also opened offices in

South Africa South Africa, officially the Republic of South Africa (RSA), is the Southern Africa, southernmost country in Africa. Its Provinces of South Africa, nine provinces are bounded to the south by of coastline that stretches along the Atlantic O ...

, Hong Kong, Brazil,

Canada Canada is a country in North America. Its Provinces and territories of Canada, ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's List of coun ...

, France,

Germany Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total popu ...

, Chile, UK and Mexico City. The company was initially known as Proudfoot Consulting PLC, and changed its name to that of its founder in 2009. The company provides strategies for improving the financial and operational infrastructure of client companies. Industries that the company has worked within include the defense industry, automotive industry, banking and construction sectors, insurance, life sciences, mining, oil and gas, manufacturing and retail, telecommunications, and transportation. The firm works with private and public companies, and is hired to improve the efficiency of those companies over either short-term or long-term contracts. Their CEO is Neil O'Brien and the executive chairman is Nick Stagg.

Studies

Proudfoot also produces studies regarding workforce dynamics. A 2007 study of theirs showed that during that year, the manufacturing sector had a 37% rate of unproductive work force time, and that worldwide companies were 29% below optimum productive efficiency. Further studies by the firm showing non-productivity have shown that the fault is not always with the employees, and that often the lack of productivity is the result of bad or faulty management. In 2009 a study by Alexander Proudfoot showed that on average a salesperson only spends one fifth of their day actually prospecting or closing sales, and usually believes they have spent twice the time they actually have on sales work.

References

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External links

Official WebsiteProcess Consultancy
Consulting firms established in 1946 Management consulting firms of the United Kingdom