Firm Achieves Double-Digit Growth for the Fourth Straight Year
BOSTON—The Boston Consulting Group (BCG), one of the world’s leading management consulting firms, announced today that it posted global sales last year of $6.3 billion, fueled by underlying revenue growth of 11% at constant exchange rates.
The firm also increased its worldwide workforce to 16,000 employees, from 14,000 the previous year.
President and CEO Rich Lesser noted that 2017 capped four consecutive years of strong performance as the firm averaged double-digit annual growth across all regions and strong growth across all sixteen practice areas.
“These results reflect our unique ability to help our clients thrive in a fast-changing world,” said Lesser. “They also speak to the talent of our diverse workforce, the quality of our partners and leaders, the rapid evolution of our capabilities, as well as the depth of our long-term client relationships.”
He also pointed out that growth within the firm’s digital and advanced analytics offerings was a key driver for the business in 2017, and will continue to be a point of emphasis for 2018 and beyond.
During the course of last year, BCG kept expanding its global footprint and currently has offices in more than 90 cities in 50 countries. As it continues to grow and broadens its offerings, its ambition remains the same: “To relentlessly focus on value creation for our clients, to continue to invest in our diverse talent and capabilities, to drive transformative change, and to make a positive difference in the world through our broad client work and platforms like our Social Impact and Public Sector practices,” Lesser said.
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The Boston Consulting Group (BCG) is a global management consulting firm and the world's leading advisor on business strategy. We partner with clients from the private, public, and not-for-profit sectors in all regions to identify their highest-value opportunities, address their most critical challenges, and transform their enterprises. Our customized approach combines deep insight into the dynamics of companies and markets with close collaboration at all levels of the client organization. This ensures that our clients achieve sustainable competitive advantage, build more capable organizations, and secure lasting results. Founded in 1963, BCG is a private company with offices in more than 90 cities in 50 countries.