PRTM is a

management consulting Management consulting is the practice of providing consulting services to organizations to improve their performance or in any way to assist in achieving organizational objectives. Organizations may draw upon the services of management consultant ...

subsidiary of

PwC PricewaterhouseCoopers, also known as PwC, is a Multinational corporation, multinational professional services network based in London, United Kingdom. It is the second-largest professional services network in the world and is one of the Big Fo ...

. The firm's business centers on the areas of operational strategy, supply chain innovation, product innovation, and customer experience innovation. PRTM works in these industry sectors: automotive, aerospace and defense, chemicals and process industries,

telecommunications Telecommunication, often used in its plural form or abbreviated as telecom, is the transmission of information over a distance using electronic means, typically through cables, radio waves, or other communication technologies. These means of ...

, consumer goods and retail,

electronics Electronics is a scientific and engineering discipline that studies and applies the principles of physics to design, create, and operate devices that manipulate electrons and other Electric charge, electrically charged particles. It is a subfield ...

energy Energy () is the physical quantity, quantitative physical property, property that is transferred to a physical body, body or to a physical system, recognizable in the performance of Work (thermodynamics), work and in the form of heat and l ...

financial services Financial services are service (economics), economic services tied to finance provided by financial institutions. Financial services encompass a broad range of tertiary sector of the economy, service sector activities, especially as concerns finan ...

healthcare Health care, or healthcare, is the improvement or maintenance of health via the preventive healthcare, prevention, diagnosis, therapy, treatment, wikt:amelioration, amelioration or cure of disease, illness, injury, and other disability, physic ...

private equity Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the co ...

public sector The public sector, also called the state sector, is the part of the economy composed of both public services and public enterprises. Public sectors include the public goods and governmental services such as the military, law enforcement, pu ...

semiconductor A semiconductor is a material with electrical conductivity between that of a conductor and an insulator. Its conductivity can be modified by adding impurities (" doping") to its crystal structure. When two regions with different doping level ...

, and

software Software consists of computer programs that instruct the Execution (computing), execution of a computer. Software also includes design documents and specifications. The history of software is closely tied to the development of digital comput ...

History

The firm was founded in 1976 in

Palo Alto Palo Alto ( ; Spanish language, Spanish for ) is a charter city in northwestern Santa Clara County, California, United States, in the San Francisco Bay Area, named after a Sequoia sempervirens, coastal redwood tree known as El Palo Alto. Th ...

California California () is a U.S. state, state in the Western United States that lies on the West Coast of the United States, Pacific Coast. It borders Oregon to the north, Nevada and Arizona to the east, and shares Mexico–United States border, an ...

. When the firm added eastern

United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...

operations in 1977, it was incorporated as Pittiglio, Rabin, Todd & McGrath after its founding partners Theodore Pittiglio, Robert Rabin, Robert Todd, and Michael McGrath. Today, the firm is known as PRTM. On June 24, 2011,

PricewaterhouseCoopers PricewaterhouseCoopers, also known as PwC, is a multinational professional services network based in London, United Kingdom. It is the second-largest professional services network in the world and is one of the Big Four accounting firms, alon ...

(PwC) acquired PRTM and the deal closed on August 22, 2011. The firm began benchmarking business performance for its clients in 1982. PRTM's international expansion started in 1985. In 1988, PRTM created the "Product and Cycle-time Excellence" (PACE) framework to provide companies with a multidisciplinary approach to innovation. PRTM co-developed the "Supply-Chain Operations Reference-model" (SCOR) with the Supply-Chain Council in 1996. In 1997, the firm launched a subsidiary, The Performance Measurement Group, LLC (PMG).

Bibliography

*''Making Innovation Work: How to Manage It, Measure It, and Profit From It'' (by Tony Davila, Marc J. Epstein, and Robert Shelton, Wharton School Publishing, 2005, ), *''Strategic Supply Chain Management: The Five Disciplines for Top Performance'' (b
Shoshanah Cohen
and Joseph Roussel,

McGraw-Hill McGraw Hill is an American education science company that provides educational content, software, and services for students and educators across various levels—from K-12 to higher education and professional settings. They produce textbooks, ...

, 2004, ), *''Strategic IT Portfolio Management'' (by Jeffrey Kaplan, PRTM, 2005, ), *''Next Generation Product Development: How to Increase Productivity, Cut Costs, and Reduce Cycle Times'' (

, 2004), *''Setting the PACE in Product Development: A Guide to Product And Cycle-time Excellence'' (by Michael E. McGrath, Butterworth-Heinemann, rev. ed. 1996, ), *''Voices into Choices: Acting on the Voice of the Customer'' (by Gary Burchill and Christina Hepner Brodie, Joiner Associates, 1997, ), *''Product Strategy for High-Technology Companies: How to Achieve Growth, Competitive Advantage, and Increased Profits'', (by Michael McGrath,

, 2nd ed., 2000, ).

References

{{DEFAULTSORT:Prtm Consulting firms established in 1976 International management consulting firms Privately held companies based in Massachusetts Companies based in Waltham, Massachusetts Macroeconomics consulting firms Management consulting firms of the United States PwC 1976 establishments in California