Booz Allen Hamilton: An insider guide - Gymkhana

Recommended ReadingFor Your Reference“D.C. Region Job Market Has Look of a Boom”Last year, 60,600 jobs were added to the D.C.-area job market, according to thisarticle, which credits that boom in part to government spending. It focuses onBooz Allen, identifying the firm as a “mainstay of Washington’s professional andbusiness services industry” and “the number two source of local employmentbehind the government itself.” It cautions that over-reliance on government taxand spending policies to boost an economy can be risky, but the short-termprognosis is generally upbeat. Part of the summary includes the news that BoozAllen hired 1,350 more people than it had originally planned last year, in supportof the firm’s effort to apply private-sector technological solutions to governmentissues. It also describes Booz Allen as being “on a hiring binge,” and quotes CEORalph W. Shrader as saying, “This year everyone is starting to feel good again.”Source: Neil Irwin, Washington Post, 5/16/04.Interview with Ralph ShraderIn this interview, Booz Allen CEO Ralph Shrader discusses the recent upswingin hiring on both the government and commercial sides of the firm, saying,“This year, we’re back in the hiring business big time,” and “We hired close to3,600 people last year in the public-sector space—there aren’t enough MBAstudents in the major schools to fill all those spots.” He also describes how thefirm is able to cross-pollinate its private- and public-sector business capabilitiesthereby making it stronger and more successful overall. He uses the health-careindustry, which he calls “a major player” for Booz Allen today, as an example,illustrating how Booz Allen’s work with the U.S. Food and Drug Administration79