Should an automotive manufacturer acquire its biggest competitor? How can a large pharmaceutical company achieve major cost savings in its global supply chain? What is the most effective way for a leading financial-services player to significantly expand its retail-banking business? Should a technology firm offshore some, most, or all of its R&D function?
High-level, strategic questions such as these defy easy answers and textbook solutions, particularly in today’s complex business environment. Yet they are the types of questions that strategy consultants are called upon by clients to answer. And clients expect more than simply an accurate diagnosis of the problem: they want a practical, effective path to implement—one that can generate real bottom-line results and sustainable competitive advantage.
This is the world of strategy consulting. Welcome to the world of BCG.