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Petros Paranikas

Senior Partner & Managing Director

Chicago

Increasingly, companies have to negotiate with suppliers that have established powerful positions. To help rebalance the competitive equilibrium, we've developed a four-step analytical framework that when deployed, has delivered astounding results.

Petros Paranikas

Petros Paranikas is a core member of the Strategy and Operations practices at The Boston Consulting Group. He has worked in a number of industries, including consumer goods, pharmaceuticals, industrial goods, and technology.

Since joining the firm in 1997, Petros has acquired deep knowledge and experience advising clients on cost reduction, portfolio strategy, and negotiations. He has also developed BCG's Beating the Unbeatable Supplier framework, which helps clients negotiate with monopoly suppliers.

In addition to his BCG work, Petros teaches a course at INSEAD called the “Strategy Lab,” which exposes students to the consulting problem-solving approach.

Before joining BCG, Petros was an attorney-at-law, a journalist, and an investment banker.

Petros is an integral part of the firm's Operations Center in Chicago, one of ten global operations centers that serve as hubs for comprehensive operations support and offer tailored, fully integrated solutions to optimize operations for long-term success.

Areas of Expertise

  • Strategy
  • Cost take-out
  • Critical-project management
  • Portfolio strategy

Education

  • MBA, Dean's List, INSEAD
  • LLM, Fulbright Scholar, Harvard Law School
  • LLH, first-class honors, London School of Economics and Political Science
  • BS, law, Democritus University of Thrace

Honors and Awards

  • Adjunct professor of strategy, INSEAD
  • Fulbright Scholar
  • BCG journeyman award—five-time winner
Experts
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