Deep Tech: 30,000 Startups Can’t Be Wrong (And Some Will Change Our Lives)

In her column for Forbes, BCG’s Deborah Lovich asserts that deep tech is going to change our lives. She says “patience is needed; you need to think long term,” and suggests the kinds of questions leaders of large companies should be asking themselves now to prepare. Lovich shares that deep tech also has the potential to disrupt existing industries and crush businesses that are unable to adapt. She believes that senior leaders must keep this in mind as they evaluate the emerging landscape.

The Guardian

‘Peak Meat’ by 2025 for Europe and the US

A new BCG report, produced in collaboration with Blue Horizon, found that “alternative proteins will capture 11% of the global protein market by 2035.” BCG’s Decker Walker tells The Guardian that the US and Europe may reach “peak meat” in 2025, after which the consumption of meat will decline due to the fast growth of plant-based alternatives. Walker believes the world is already at such a point where meat consumption is falling for the first time in history.

The Australian

The Future of Work in the Era of AI

According to a BCG report on the future of work in the era of AI, the Australian economy will likely face a shortage of more than a half-million workers across critical sectors by 2030 and “huge economic disruption.” BCG’s Miguel Carrasco tells The Australian that demonstrated policy measures are “needed to help workers transition away from the impacted industries.” He believes that digital literacy and education reform can create transformative changes and a more adaptive Australian workforce.

Bangkok Post

Investment and Innovation in Thai Renewable Energy

BCG’s Aman Modi and Marko Lackovic write in the Bangkok Post that population growth, strong economic performance, and significant market potential will increase Asia Pacific’s renewable energy capacity by two terawatts over the next decade. They reference a BCG report that explores this substantial growth potential and the reasons why Thailand is positioned to lead. They write “with greater liberalization and supportive tweaks to the landscape,” Thailand can unlock a new future of renewable power investment.

Yahoo Finance

Business Leaders Must Encourage Vaccinations

BCG CEO Rich Lesser joins Yahoo Finance to discuss the latest updates on the rollout of COVID-19 vaccines and its impact on businesses. He emphasizes the importance of business leaders doing everything possible to encourage people to get vaccinated quickly. He also details the importance of effective management during this complex period of workers returning to the office. Lesser says that “many businesses will be doing everything they can to educate, to encourage, and to incent their colleagues to get vaccinated.”

Khaleej Times

UAE is a Leader in Creating Inclusive Societies for Women

BCG’s Maya El Hachem tells the Khaleej Times that all stakeholders have a role to play in advancing gender balance and women’s empowerment in the workplace. She details the ways in which women themselves, the private sector, and governments can introduce measures for improvement. El Hachem explains that the UAE is a great example of how all these stakeholders are coming together, especially senior Emirati women, who are serving as role models.

HuffPost Canada

BCG Survey Reveals New Top Destination for People Moving for Work

Canada has replaced the US as the most desirable location for migrants moving for work, according to a BCG survey. The survey found that countries that managed COVID-19 outbreaks more effectively rose in popularity as desirable working locations. In HuffPost Canada, BCG’s Rainer Strack explains that the survey also revealed that fewer people are willing to relocate for work. He says, “with the rise of remote working, many may feel that they can further their careers virtually, without needing to move at all.”


The Many Benefits of Employees Designing the Future of Work

In her column for Forbes, BCG’s Deborah Lovich writes that while employers can’t solve most problems caused by the pandemic, “they can (and should) do more to help employees deal with the emotional side-effects.” She cites a BCG survey that revealed a positive relationship between better mental health and increased productivity. Lovich proposes that one way to bolster employee happiness is to give them a chance to help shape the future of work, thus providing them a sense of agency which will ultimately benefit both their organizations and their overall health.


You May Be Tired of ‘Agile,’ but it’s the Only Way to Make Hybrid Work

In her column for Forbes, BCG’s Deborah Lovich writes that the only way for businesses to succeed in hybrid work is to use agile strategies. She quotes a BCG article which says “companies that had deployed at least two agile practices were 40% more likely to report an increase in productivity.” Companies that had already implemented agile practices prior to the global shutdown were able to quickly pivot to crisis mode, Lovich says, and thus were more successful in persevering through the pandemic.

Hindustan Times

In a Post-COVID World, a New Toolkit for Governments

In his coauthored guest column in the Hindustan Times, BCG’s Arindam Bhattacharya writes that traditional, “physical” supply chains do not possess all the capabilities to solve customer needs. He asserts that the post-COVID world presents a major opportunity for India to build a competitive position in new global digital value chains. However, policies involving infrastructure, regulatory costs, and innovation capability will not suffice. Bhattacharya explains that governments should instead pursue digital solutions to better serve the needs of their people in the 21st century. He believes the best areas of focus for India lie in building “an equally competitive data and digital infrastructure, AI/machine learning (ML) capabilities, with supportive policies on data-sharing and privacy.”

The Indian Express

Biden Presidency is Likely to Deviate from Trump Administration on Foreign Policy, Climate Change, Race Relations

BCG’s Sharon Marcil and Janmejaya Sinha write in The Indian Express that US relations with India have the potential to grow stronger, especially if the countries can align their standards on trade and technology. Marcil and Sinha explain that Biden’s international approach emphasizes working with America’s allies to address issues in foreign policy. Domestically, they write there are five key areas in which Biden differs from Trump: his response to COVID-19, climate, immigration, taxes, and racial equity. They say Biden must begin the process of uniting America, and that “the world, not just America, would like Biden to succeed.”

Channel News Asia

Singapore’s Oil and Gas Sector Should Embrace Transition to a Green Future with Confidence

“The global energy transition is gaining pace,” writes BCG’s Dave Sivaprasad in Channel News Asia. He explains that while the oil and gas industry faces significant pressure to transform, Singapore is well-positioned to invest in the transition to clean energy. He outlines how the industry can use its legacy of attracting deep technical expertise and talent to embrace a multi-technology approach. Sivaprasad believes that Singapore can build an effective low-carbon future for the nation and its economy.

CNBC Africa

An Inclusive Economic Recovery for African Countries

In an interview with CNBC Africa, BCG’s Tolu Oyekan says that Africa’s economic recovery from the COVID-19 crisis depends on how effectively its governments can address the current structural inequities in their economies. He explains that there must be a balance between urgent actions to stabilize economies and structural reforms to stimulate development. Referencing a recent BCG study, Oyekan shares how African countries can forge a more inclusive and equitable future for their citizens.