Strategy and Change in Times of Turbulence

Jeanie Duck writes The Change Monster, a groundbreaking book on organizational change. It details the long, difficult, and emotional struggle organizations facing change must first go through. The book, which represents a new people-based approach that complements BCG's traditional analytical focus, quickly becomes a business best seller.

 

 

BCG Insights & Highlights

  • John Wiley & Sons publishes Clausewitz on Strategy, a publication of BCG's Strategy Institute, edited by Tiha von Ghyczy, Bolko von Oetinger, and Christopher Bassford. The book highlights the thinking of the famed nineteenth-century Prussian strategist on issues of leadership in times of crisis
  • BCG's Strategy Institute creates the Strategy Gallery, an online Web site that features continuing, interactive exploration of strategic thinking from new and often unexpected sources. Designed to allow "browsing for inspiration," the site immediately attracts the attention of the Wall Street Journal
  • Offices opened: Athens, Beijing, Istanbul, Prague, Cologne, Rome
  • Consultants = 2,790

World News

  • George W. Bush is sworn in as the forty-third President of the United States
  • Ariel Sharon becomes Israel's prime minister. Violent conflict between Israel and the Palestinians continue
  • China becomes a member of World Trade Organization
  • A U.S. submarine hits a Japanese fishing boat, killing nine of its crew
  • New administrations are voted into office in Indonesia, the Philippines, and Thailand
  • A U.S. spy plane and a Chinese military jet collide off the coast of China. The Chinese detain the 24 American crew members for 11 days
  • China wins its bid to host the 2008 Summer Olympic Games in Beijing
  • Al Qaeda terrorists hijack four commercial airliners and fly them into prominent U.S. targets. The Pentagon sustains significant damage. New York's World Trade Center is destroyed. Thousands are killed
  • The U.S. and allies launch a bombing campaign against Afghanistan's Taliban and the Al Qaeda training camps located there. The Taliban regime collapses after two months of daily bombing
  • The Irish Republican Army begins to decommission its arms