Press Releases

BCG Named a Worldwide Leader in Artificial Intelligence Services by IDC MarketScape

BOSTON—Boston Consulting Group (BCG), one of the world’s leading management consulting firms, was named a Leader in the IDC MarketScape: Worldwide Artificial Intelligence Services 2023 Vendor Assessment (Doc # US49647023, May 2023). “BCG combines functional and industry expertise, technology expertise, Responsible AI framework, and its technology build and design unit, BCG X, to deliver AI services to clients as part of holistic business transformation consulting engagements,” the report said.

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Global Asset Management Industry Must Transform to Thrive Amidst Changing Macroeconomics

Global Assets Under Management Dropped by 10% to 98 trillion in 2022Net Flow Rate Also Fell Below 3% for the First Time Since 2018, Reaching 1.6% of Total AUM at the Beginning of 2022, or $1.7 trillionBoston Consulting Group’s 21st Annual Global Asset Management Report Explores Three Major Themes that Should Top the Leadership Agenda in the Years Ahead: Profitability, Private Markets, and PersonalizationBOSTON—For much of the past two decades, asset managers’ revenue growth has been boosted by central bank policies that have helped drive global markets. But rising interest rates in 2022 caused both stock and bond values to plummet, and the asset management industry also suffered. Global assets under management (AUM) dropped by 10% to $98 trillion, the second-largest single-year decrease since 2005, according to a new report released today by Boston Consulting Group (BCG).

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Companies Are Drastically Underestimating How Many of Their Employees Have Disabilities

25% of Employees Around the World Self-Identify as Having a Disability or Medical Condition That Limits a Major Life ActivityMeanwhile, Most Companies Report That Just 4% to 7% of Their Employees Are People with DisabilitiesPeople with Disabilities Report Lower Levels of Inclusion in the Workplace—Which Is Directly Correlated with Higher AttritionA New BCG Report Outlines Actions Organizations Can Take to Address This Attrition RiskBOSTON—Most companies report that their workforce includes relatively few employees with disabilities: just 4% to 7% on average.[1] But in a major survey by Boston Consulting Group (BCG) of nearly 28,000 employees in 16 countries (across all regions and various industries) some 25% of people said they have a disability or health condition that limits a major life activity.

Press Releases

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