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Business career of Mitt Romney
The business career of Mitt Romney began shortly after he finished graduate school in 1975. At that time, Romney entered the management consulting industry, and in 1977 secured a position at Bain & Company. Later serving as its chief executive officer, he helped bring the company out of financial crisis. In 1984, he co-founded and led the spin-off Bain Capital, a private equity investment firm that became highly profitable and one of the largest such firms in the nation. The fortune he earned from his business career is estimated at $190–250 million.
==Entry into management consulting at Boston Consulting Group: 1975–1977==
After he received a joint Juris Doctor and Master of Business Administration from Harvard University in 1975, Mitt Romney was recruited by several firms and chose to remain in Massachusetts to work for Boston Consulting Group (BCG), reasoning that working as a management consultant to a variety of companies would better prepare him for a future position as a chief executive.〔〔〔Michael Kranish, Scott Helman ''(The Real Romney )'', page 97 (HarperCollins 2012).〕 He was part of a 1970s wave of top graduates who chose to go into consulting rather than join a major company directly.
Romney had his pick of jobs at the nation’s biggest and most prestigious consulting firms, and at that time BCG was neither. Its idiosyncratic founder, Bruce Henderson, was regarded as outside the mainstream of corporate consulting, and BCG was routinely disparaged by faculty and students at Harvard Business School.〔 But BCG was a pioneering upstart that fostered camaraderie among its employees, who traveled around the country to advise clients, and that is where Mitt Romney chose to start his career.〔Michael Barbaro. ("A Friendship Dating to 1976 Resonates in 2012" ), ''The New York Times'' (April 7, 2012).〕 His legal and business education proved useful in his job〔 while he applied BCG principles such as the growth-share matrix, which is a simple chart to assist large corporations in deciding how to allocate cash among their business units. He was viewed as having a bright future there.〔〔 Romney worked nights and weekends, and traveled frequently in the U.S. and to Europe on business.〔Sacha Pfieffer. ("Romney's Harvard classmates recall his quick mind, positive attitude" ), ''The Boston Globe'' (June 26, 2007).〕
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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