In 1963, Henderson was recruited by the Boston Safe Deposit and Trust Company to establish a new consulting arm. What began with one desk and no phone grew into a global powerhouse known for its intellectual rigor and revolutionary business frameworks. The Pioneer of Business Strategy
First, the "Experience Curve," developed in the late 1960s, posited that the more a company produces of a product, the lower its per-unit cost becomes. This theory suggested that market share was the primary driver of profitability and that aggressive pricing strategies to gain volume could lock in a competitive advantage. This insight shattered the prevailing notion that volume was merely a result of success; Henderson argued it was the cause of success. founder of bcg
In 1953, he served on a team evaluating foreign aid programs under the Marshall Plan, an experience that broadened his perspective on global economics. After a tenure at the consulting firm Arthur D. Little , he was recruited by the Boston Safe Deposit and Trust Company to start a consulting department, which would eventually become BCG. In 1963, Henderson was recruited by the Boston
Bruce Doolin Henderson (1915–1992) founded the in 1963, a moment that fundamentally shifted management consulting from operational efficiency to corporate strategy. Henderson’s career began as a Bible salesman, and after studying engineering at Vanderbilt University, he rose through the ranks at Westinghouse to become one of its youngest vice presidents before entering the consulting field at Arthur D. Little. This theory suggested that market share was the