Industry Management consulting Headquarters Boston Founded 2004 | Website www.canback.com Founder Staffan Canback Type Subsidiary | |
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Key people Staffan Canback, Managing Director; Jesse Logan, Vice President Products Management consulting services | ||
EIU Canback (The Economist Intelligence Unit Canback, Inc.) is a global management consulting firm headquartered in Cambridge, Massachusetts. The firm provides advisory services for the senior management of organizations using approaches based on science and predictive analytics.
Contents
- History
- Services and clients
- Geographies
- Recruiting
- Canback Global Income Distribution Database C GIDD
- References
EIU Canback works with companies mainly in consumer-facing industries. Practices are strategy, M&A due diligence, growth, corporate finance, and organizational performance. The company also publishes insights on management, M&A and statistics. Dr Canback's paper on "The Logic of Management Consulting" has been cited by 136 articles for its theories on the industry.
Offices are located in Boston, Chicago, Johannesburg, London, Shanghai, Beijing, Singapore, and Dubai; with affiliated offices in Mexico City, Tokyo, Jakarta, and São Paulo.
History
EIU Canback was founded in 2004 under the name Canback Dangel by Dr. Staffan Canback, a Harvard Business School alumnus and former partner at McKinsey & Co. and Monitor Company. The name was later changed to Canback & Company, and it operated under this title until its acquisition by The Economist Group through its Economist Intelligence Unit subsidiary in July 2015.
Services and clients
EIU Canback offers management consulting and related services to global companies and private equity firms. Management consulting represents around 75 percent of revenue, while predictive modeling (10%), research (5%), and data services (10%) make up the balance. Management consulting covers five practices: Strategy, M&A Due Diligence, Growth, Corporate Finance, and Organizational Performance.
Clients are large global companies mainly within consumer-facing industries: consumer goods (including food and beverage), retail, cellular services, and consumer finance.
Geographies
EIU Canback has since its founding worked on the ground in almost 80 countries. A particular expertise is emerging countries.
The firm has offices in Boston, Chicago, Johannesburg, London, Shanghai, Beijing, Singapore, and Dubai; with affiliated offices in Mexico City, Tokyo, Jakarta, and São Paulo.
Recruiting
EIU Canback employees are mainly recruited directly from premier universities including Harvard, MIT, Yale, Tufts, Dartmouth, University of Cape Town, Boston College, and Boston University. The firm favors candidates with exceptional quantitative skills combined with good business sense.
Canback Global Income Distribution Database (C-GIDD)
In addition to the consulting business, EIU Canback also built and runs a worldwide database with comprehensive GDP and household income data – the Canback Global Income Distribution Database (C-GIDD) – covering 213 countries divided into 696 provinces and 997 cities as of August 2016. It includes historical data and projections 2001 - 2026 and national-level data 1970 - 2036. The database provides a breakdown by socioeconomic level as defined by AMAI. C-GIDD is available as a subscription service.
C-GIDD uses hundreds of sources including global bodies like the UN and IMF, national statistics agencies, and sub-national statistic agencies within larger countries.
The C-GIDD database also powers the EIU’s Market Explorer, an online tool for forecasting target markets across countries and cities.