Edwin G. Booz | |
---|---|
Born |
Reading, Pennsylvania |
September 2, 1887
Died | October 1, 1951 Evanston, Illinois |
(aged 64)
Nationality | American |
Alma mater | Northwestern University (B.S., Economics, 1912) Northwestern University (M.S., Psychology, 1914) |
Occupation | management consultant, businessman, corporate executive |
Known for | founding Booz Allen & Hamilton |
Spouse(s) | Helen Hootman Booz (m. 6-Aug-1918, two children) |
Children | Mrs. Harold F. McGee Donald R. Booz |
Parent(s) | Thomas Booz Sally Spencer Booz (d. 1891) |
Edwin G. Booz founded the consulting firm Booz Allen & Hamilton, the predecessor of both Booz Allen Hamilton - which focuses on government contracting - and the former Booz & Company, now known as Strategy&, a commercial management-consulting firm and component of PricewaterhouseCoopers.
Born in 1887, in Reading, Pennsylvania, to a family of modest means and one of seven sons, Booz worked his way through prep school, college, and graduate school at many and varied kinds of work—tutor, bookkeeper, draftsman, and 'business investigator.' When Booz left the Kellogg School at Northwestern University, where he was a member of the Alpha Delta Phi fraternity, in 1912 with a bachelor's degree in economics and in 1914 with a master's degree in psychology, he went into business for himself to perform studies and analyses of businesses.
He conducted studies and business investigations for clients as varied as the Goodyear Tire and Rubber Company of Akron, Ohio; the Canadian Pacific Railway; Chicago's and Transit Company; and the Photographers Association of the United States.
World War I caused a temporary hiatus in his career as an entrepreneur, but not in his work as an analyst and solver of business problems. Drafted into the Army as a private to do personnel work in September 1917, he soon rose to the rank of major and worked with the War Department in Washington, D.C., to reorganize and perfect the business methods of its various bureaus. He left the Army in March 1919, ready to turn his business acumen to the service of bankers, manufacturers, advertising agencies, wholesalers, sales managers, publishers, real estate operators, public service cooperations, and other enterprises. Booz focused on identifying, diagnosing, and recommending solutions to business problems. His client base grew; he expanded his services to include executive recruitment; and he broadened the partnership base of the company so that in 1936, it became Booz, Fry, Allen, & Hamilton, and subsequently, Booz Allen Hamilton and Booz & Company.