966 Results

    Forbes

    Working Remotely: Don’t Forget Boundaries

    Today’s homebound workers often struggle to find clear boundaries when it comes to work-life balance, BCG’s Grant Freeland writes for Forbes. He says that working from home creates an atmosphere without a clear start and end to the workday. Freeland believes that although employee preferences for hybrid work indicate that remote work will continue after the pandemic, businesses need to help establish boundaries so their employees don’t feel pressured to consider “all day, all night” work to be the new reality.

    Forbes

    Humanitarian and Resilience Investing

    Immediate action is needed to help vulnerable communities overcome the pandemic and prevent the reversal of decades of progress. So says BCG’s Wendy Woods—along with her coauthors, WEF Humanitarian and Resilience Impact Investing initiative cochairs—in an article for Forbes. This emerging initiative leverages private capital to benefit at-risk communities by investing in local resilience efforts and markets. The initiative will work during the next 12 months to accelerate the development of this market in three core areas: building resilience across public health systems, strengthening donors to catalyze private investments, and helping investors understand the deal and portfolio structures that are viable in fragile contexts.

    Gulf News

    Women and Wealth: It’s Time for a Customized Approach

    In an article for Gulf News, BCG’s Mustafa Bosca writes that although women’s wealth will contribute significantly to the Middle East’s overall affluence in the coming years, the wealth management community has not fully realized this $786 billion opportunity. He believes that the Middle East needs to take significant steps toward promoting gender equality and encouraging social inclusion to eliminate biases against women that hinder wealth management opportunities. Bosca says it is time to help women meet their financial objectives and realize their potential.

    Forbes

    Great Leaders Realize They Don’t Even Know What They Don’t Know

    The pandemic has caused leaders to rethink how they build sustainable business advantage in a world where great is no longer good enough, according to BCG’s Grant Freeland in an article for Forbes. He states that the “holy grail of successful leadership” is acknowledging how much you do not know and seeking help. Thus, Freeland mines advice from BCG’s Arindam Bhattacharya, Nikolaus Lang, and Jim Hemerling, who tap into the wisdom of some of the most accomplished business leaders in their new book, Beyond Great. The authors explain that leaders must “steer their organizations to learn, rethink, and experiment” to succeed in the 21st century.

    Forbes

    A Personal Plea for Leaders to Help Parents, Especially Women, Juggle COVID, Family, and Careers

    COVID-19 and school closings have forced working parents to reorder their priorities, BCG’s Grant Freeland writes for Forbes. BCG research has found that up to 15% of working parents are considering leaving their jobs due to the pandemic. Freeland emphasizes that company leaders must help their employees get through difficult times and suggests that they can achieve this by embracing flex-work, providing positive feedback and reinforcement, and considering subsidizing childcare. He says that leaders who do not proactively develop a caregiver strategy will lose not only their hard-won progress on gender diversity, but “may also lose some of [their] most valuable employees and future company leaders.”

    Khaleej Times

    Resurging Tech Companies Supply and Demand in the Midst of COVID-19

    As uncertainties persist due to the ongoing pandemic and economic volatility, companies need to increasingly take steps to ensure their continuity, BCG’s David Panhans writes in the Khaleej Times. He asserts that tech companies have a responsibility to ensure that governments remain responsive, businesses continue to be operational, and individuals stay connected. He explains that doing so requires companies to guarantee production stability and adapt to shifting demand. “The onus is on tech companies to continue acting swiftly and decisively,” Panhans says.

    Forbes

    Will the 3+2 “Hybrid” Workplace of Home and Office Become the New Norm for Business

    According to a recent BCG survey, 60% of people who currently work remotely would like the flexibility regarding when and where they work to continue after the pandemic. In his recent Forbes column, BCG’s Grant Freeland writes that COVID-19 seems to have solidified the already growing flex-work trend and changed the nature of work forever. He says, “we have an exciting opportunity to reimagine work around the new remote reality.”

    Firstpost

    Building a More Equitable Education System in India

    BCG’s Seema Bansal tells Firstpost that the pandemic has exposed structural weaknesses in India’s education system. She points out that only 8% to 10% of schoolchildren use digital learning systems, which reveals the ongoing digital divide in education. Bansal asserts that digital access and community networks must play a key role in building a more equitable education system for all Indian students in the post-COVID-19 world.

    Financial Times

    Second-Hand Luxury Reshapes the Industry

    In the Financial Times, BCG’s Sarah Willersdorf discusses how the pandemic has accelerated growth in the second-hand luxury market. She states that the second-hand luxury market is experiencing a boost as the current economic cycle has reduced discretionary spending and driven a general shift in consumer sentiment. “People want to get the most for their money, and there is also a sustainability angle that is especially appealing to younger consumers,” Willersdorf explains.

    Yahoo Finance

    Businesses Must Rethink How Work Gets Done

    According to BCG’s CEO, Rich Lesser, there will be significant uncertainty regarding the pandemic, possible vaccines, and the geopolitical climate heading into 2021. In an interview with Yahoo Finance, he explains that businesses will need to practice more scenario modeling and recognize that they must plan for a much wider range of change than they would in a typical year. Lesser says that risk management, resilience, and stronger supply chains are needed to prepare for a “much more uncertain world.”

    CNN

    BCG to Achieve Net-Zero Climate Impact by 2030

    To celebrate BCG’s pledge to achieve net-zero climate impact by 2030, CEO Rich Lesser talks to CNN and the Financial Times about the actions BCG will take to reduce its climate footprint and neutralize its remaining climate impact. He explains that, as outlined in “BCG’s Net Zero Pledge,” the firm also intends to drive climate action by partnering with clients to help shape the global climate agenda. He describes BCG’s goals as reaffirming support for the crisis the world is facing.

    Forbes

    Culture Change Needed for LGBTQ Employees to “Feel at Home” at Work

    In his column for Forbes, BCG’s Grant Freeland discusses how businesses can create a truly inclusive workplace. He states that companies must ensure that their policies and practices are inclusive, while also fostering a company culture where the informal interactions among employees are welcoming. Grant explains that an inclusive workplace stems from accepting coworkers as they are and “judging them on the basis of what they contribute to the greater good, not whether you approve or disapprove of the identity they embrace.”

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