Forbes

Time for CEOs to Rebalance Work, Lives, Careers and What It Means to Be Employed

In her column for Forbes, BCG’s Deborah Lovich explains how the current labor shortage creates a space for leaders to reconsider the ways they organize and reward work. Lovich describes three areas in need of change: compensation, priorities, and workplace connections. By adapting in these areas to better fit the needs of employees, she argues, companies can channel the wave of recent resignations into a positive opportunity for recalibration.

Bloomberg

Over 90% of Firms Aren’t Measuring Emissions Correctly

BCG’s Mike Lyons, Sylvain Duranton, and Charlotte Degot spoke to Bloomberg about a recent BCG study that shows that only 9% of companies can accurately quantify their total greenhouse gas emissions. One area where companies sometimes fall short is the collection and analysis of granular data and emissions factors; AI measurements can help companies reduce their emissions by as much as 40%, according to the study.

Harvard Business Review

The US Economic Recovery Is Slowing Down. Don’t Be Alarmed.

Amid growing uncertainty around the US economy, BCG’s Philipp Carlsson-Szlezak, Paul Swartz, and Martin Reeves write in Harvard Business Review that despite concerns surrounding the current economic slowdown, this deceleration is necessary. They share five reasons to be confident that consumers can continue expanding the economic recovery from the pandemic-induced recession. The authors urge business leaders to avoid overreacting to short-term fluctuations in the labor and product markets and take a broad interpretation of the macroeconomic landscape.

The Hindu Business Line

Technological Disruption of India’s Agriculture Ecosystem

BCG’s Sushma Vasudevan and Simran Ahluwalia write in The Hindu Business Line that India’s agriculture industry has an immediate need for agritech, which could make farming more profitable, inclusive, and equitable. To unlock the full potential of this technology, however, the sector must overcome key challenges and follow an ecosystem approach, which includes concerted efforts on the part of governments and adoption by the private sector.

Fortune

The Great Resignation Is Upon Us, and Purpose Can Help You Resist Its Siren Call

As the pandemic and its disruptions continue to contribute to a slew of workforce resignations, BCG’s Ashley Grice writes in Fortune about those who are leaving their jobs in hopes of finding greater purpose in their work. Grice argues that the best opportunity to make a difference may not always lie in searching for an organization more aligned with one’s values; instead, she suggests, employees should consider applying their purpose toward working for change within their current company.

The New York Times

Rich Lesser: The CEO Other CEOs Turn to for Advice

BCG’s CEO Rich Lesser sat down with The New York Times to reflect on his tenure at the helm of the company. In his three terms as CEO, Lesser has guided the firm through periods of enormous political and social change, and he has led BCG’s push for innovative responses to the COVID-19 pandemic, which he believes has fundamentally changed the way consumers and workers live their lives. Lesser leaves a legacy of championing climate change leadership, and he emphasizes the importance of creating immediate environmental action plans for reducing carbon emissions.

Fortune

How to Become a Sustainability Leader—and Create Sustainable Value

BCG’s Rich Lesser and Rich Hutchinson write in Fortune about how to become a leader in the race to sustainability. Companies must embed sustainability as a core part of their business agenda, they write, because it will help achieve environmental goals while creating competitive advantage. Lesser and Hutchinson offer six essential action items that drive value while still having a positive societal impact.

Forbes

Close Encounters of the Best Kind: Workplace “Collisions”

In her column for Forbes, BCG’s Deborah Lovich writes about the benefits of unplanned, in-person interactions at the office. Lovich believes that workplace “collisions”—where colleagues spontaneously chat, discuss projects, and network—inevitably result in something positive. She suggests ways to facilitate these interactions virtually, but argues that “nothing does more for team-building, making connections, and spurring progress than in-person collisions.”

The Edge Malaysia

Malaysia’s Rooftop Estate Offers Valuable Solar Potential

In The Edge Malaysia, BCG’s Marko Lackovic and Jaime Ruiz-Cabrero discuss the increasing switch to renewable energy in Southeast Asia, specifically solar photovoltaics (PV). Annual installation of solar PV is expected to reach more than 160 gigawatts globally in 2022; because of Malaysia’s significant urban rooftop real estate, it is positioned to offer more than 4 gigawatts of solar potential across public, commercial, and industrial rooftop spaces. While there are still physical limitations, such as installation challenges, the authors write that nuanced and localized strategies can help overcome these hurdles, creating “remarkable opportunities for power industry operators and consumers alike.”

CNBC-TV18

Creating a Culture of LGBTQ+ Inclusion

BCG’s Kushal Khandhar joins India’s CNBC-TV18 to discuss how the country’s growing acceptance of the LGBTQ community is furthering inclusion in the workforce. Khandhar shares findings from BCG’s “Out@Work Barometer” and asserts that every interaction can make or break an employee’s sense of belonging. He argues that, beyond HR policy changes, there must be a significant effort to create a company culture where every interaction celebrates diversity and reinforces inclusion.

Forbes

The Definitive Guide to Making “Hybrid” Meetings Work

In her Forbes column, BCG’s Deborah Lovich shares six ways to optimize meetings amid hybrid work. Lovich stresses the importance of avoiding hybrid interactions—specifically regarding Zoom meetings—in order to maintain inclusivity. She also urges employees at every level to continue learning new tools, to preserve Zoom norms, and to create hybrid schedules as a team. “We’re all learning in real time,” says Lovich, encouraging teams to evolve and experiment.

Financial Times

How BCG’s CEO Fosters a Culture of Challenge

In an interview with the Financial Times, BCG’s CEO Rich Lesser discusses the importance of fostering a culture where employees are empowered to share their honest views and not just reaffirm the ideas of senior leadership. He reflects on how nearly three years ago, partners started urging him to use the company’s resources to tackle climate change; as a result, BCG has since committed to achieving net-zero climate impact by 2030 and has established guidelines to ensure the firm works with companies that have the same environmental priorities.

Financial Times

BCG Reduces Business Travel to Lower Its Carbon Emissions

BCG’s Mai-Britt Poulsen tells the Financial Times that, as part of its efforts to reach net zero by 2030, the firm will reduce air travel for internal staff and recruitment events. The move is enabled, in part, by the increased focus on online training during the COVID-19 pandemic; with business travel accounting for more than 75% of many firms’ carbon footprints, BCG is making an active effort to drastically decrease its carbon emissions by 2025.

CNBC

BCG’s CEO Pushes for Continued Flexible Work Models

BCG’s CEO Rich Lesser joins CNBC to talk about post pandemic work models. He highlights the importance of reconnecting in the office but urges leaders to recognize that employees are coming back with different expectations about flexibility, and that pre-COVID models might not be as effective as before. Lesser believes in maintaining hybrid work and says “we can operate in different and more positively impactful models for employees and still retain high productivity for our organizations.”

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