At BCG, we strive to continually challenge injustice, discrimination, and prejudice, inspiring our teams to advance equity within and beyond the firm. Our 2022 annual US Diversity, Equity, and Inclusion (DEI) report represents our progress on this journey—where we are now and where we’ve committed to go.
BCG is an organization that draws from every experience to solve pressing problems for our clients. Diverse teams with inclusive and equitable work practices strengthen our organization, allowing us to better support our clients and enable the firm’s purpose to unlock the potential of those who advance the world.
BCG’s US DEI report is a statement of our public commitment to the transparency of our US DEI data, an invitation for continued dialogue, and the standard by which we hold ourselves accountable as our DEI journey continues. We incorporate DEI across every facet of our firm, an approach that includes three pillars of action—our workplace, our work, our world—that guide our efforts both internally and with our clients:
BCG remains steadfast in its commitment to have hard conversations, to address the realities of inequity, and continue to hold ourselves accountable. We have much work to do, but we also can share progress. I am proud to highlight our efforts in 2021.”
We are looking at key success and failure points in our people processes to identify gaps. Coordination across all of BCG businesses has been a critical unlock as well—we’re leveraging learnings and resources to make sure we’re bringing our entire team on this journey.”
I had mentorship and support at critical points in my career at BCG, so reinforcing for newer BCGers that ‘we’ve got your back’ is important to me. We are having really explicit conversations about it as leaders. We’ve developed some more formal programs to make that happen, and I’m seeing progress.”
Right now, BCG is working on some of the world’s most pressing challenges, from climate change to the future impacts of COVID-19. We do not shy away from difficult topics, including discussing the role of businesses like BCG in movements for justice across race, gender, sexual orientation, disability, and other elements of identity.”
In order to drive lasting change, equitable outcomes can’t be reduced to a program or initiative – equity has to be woven into the fabric of how we operate all of our people processes as a firm. When we scrutinize how we onboard and train staff, evaluate performance, and equip managers, we are taking critical steps on the journey toward equity for all of our people.”
There are many paths to success, so if we want diverse leadership, we must make space for alternative paths. Providing multiple paths of success to leadership enables diversity of thought, background, and experience of leaders, which leads to higher performing organizations.”
I’ve been impressed by how much BCG has grown on DEI topics and issues. There is an intentional effort to have the conversations that need to happen, specifically on issues related to racial equity. We are having tough, personal conversations at every level, from leadership to local office teams. We have a lot of work to do, but it’s encouraging to see movement here.”
Our people are our greatest strength. We know that developing a truly diverse staff—encompassing a range of thought, experience, and background—is key to our success and the value we bring to our clients. This means aspiring to equity of outcomes across the employee lifecycle—hiring, development, and promotion—and creating a culture of inclusion.
In 2021, our US DEI data shows that we made modest strides in diversifying our workforce, which reflects our commitment to improve the recruitment and retention of individuals from all backgrounds.
Driving impact with our clients is at the core of what we do at BCG—and partnering with them to make progress on their DEI efforts is an important part of that work. Our data and research underpin the insights that advance DEI for our clients and our people.
The formation of BCG’s Center for Inclusion and Equity carves out a space to bring our strategic approach to DEI—honed over the past ten years—to our clients, including corporations, educational institutions, governments, and the social sector. We partner with these organizations to identify and address the root causes of systemic inequity in their business practices and strategies. One critical aspect of that work is driving innovation and creating value through a strategy of supplier diversity.
Leveraging our expertise, partnerships, and networks—including our strong alumni base and clients—we can accelerate change by working with and amplifying the voices of others who seek to end inequality.
Our work with clients and external partners, facilitated through the Center for Inclusion and Equity, is grounded in three focus areas: improving access to education, health care, and capital.