EIU Canback

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search
Canback Consulting
IndustryManagement consulting
FounderStaffan Canback, Justin Dangel
Boston, Massachusetts, United States
Key people
Staffan Canback, Managing Director; Jon Mayes, Arshad Abba, Ying Li, Vice Presidents
ProductsManagement consulting services

Canback Consulting (an independent business unit of Economist Group) was a global management consulting firm headquartered in Cambridge, Massachusetts, United States. The firm provided advisory services for senior management of global corporations.

Practices are strategy, M&A due diligence, sources growth, corporate finance, and organizational performance.

The firm also publishes insights on management, M&A[1] and statistics.[2] Dr Canback's paper on "The Logic of Management Consulting"[3] has been cited by 136 articles for its theories on the industry.

Offices are located in Boston, Chicago, Mexico City, London, Johannesburg, Beijing, Shanghai, and Jakarta.[4]


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; and Justin Dangel, a venture capitalist and entrepreneur[5] 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.[6] The firm closed down its operations in July 2020. [7]

Services and clients[edit]

Canback offers management consulting to global companies and private equity firms. The firm has five practices: Strategy, M&A Due Diligence, Sources of Growth, Corporate Finance, and Organizational Performance.[citation needed]

Clients are global companies mainly within sectors: Consumer Goods, Tech & Media, Retail, Industrials, and Financial Services.


Canback has since its founding worked on the ground in 89 countries. A particular expertise in emerging countries.[8]

The geographic project split is: Global 24% Latin America 29%; Africa 23%, Europe 9%; Asia 8%; North America 7%.


Canback employees are mainly recruited directly from premier universities including Harvard, MIT, Yale, Tufts, Dartmouth, University of Cape Town, and Boston University.[citation needed] The firm favors candidates with exceptional quantitative skills.[citation needed]

Canback Global Income Distribution Database (C-GIDD)[edit]

In addition to consulting, Canback built and runs a worldwide database with comprehensive GDP and household income data – the Canback Global Income Distribution Database (C-GIDD)[9] – covering 213 countries divided into 697 sub-divisions and 997 cities as of October 2018. It includes historical data and projections 2002 - 2027 and national-level data 1970 - 2038. The database also provides a breakdown by socioeconomic level as defined by AMAI. C-GIDD is available as a subscription service.[10]

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.[citation needed]

The C-GIDD database also powers the EIU's Market Explorer, an online tool for forecasting target markets across countries and cities.[11]