Fortune
How Board Members Can Help Navigate the AI Landscape
Commenting in Fortune, BCG’s Jeanne Kwong Bickford suggests that boards should recognize the need for expertise in addressing the risks and opportunities of artificial intelligence (AI). To achieve this, she says boards should actively engage in discussions about responsible AI usage and company values. Bickford also recommends having at least one member with AI expertise to ensure informed decision making.
Business Standard
Overcoming the Challenges of AI Implementation
In an interview with India’s Business Standard, BCG’s Sylvain Duranton and Nipun Kalra explain that successful deployment of generative artificial intelligence (AI) requires a transformation of business operations. Many underestimate the complexities of AI implementation, say Duranton and Kalra. Therefore, companies should focus on specific areas of disruption, rather than attempting a widespread adoption of the technology.
Los Angeles Times
How to Fight a Post-COVID Plague of Undead Office Buildings
Writing in the Los Angeles Times, BCG’s Santiago Ferrer outlines how the shift to remote and hybrid work has put many office buildings at risk of becoming “zombie buildings.” The decreased demand for office space has negatively impacted building owners and cities that rely on the tax revenue and economic activity generated by office workers. To address these challenges, Ferrer says that city leaders, property owners, and lenders must act to revitalize downtown areas and find new sources of revenue.
The Jakarta Post
The Business Value of Trustworthiness
Writing in The Jakarta Post, BCG’s Davids Tjhin says that trust between consumers and businesses is increasingly important in the post-pandemic digital age. Trust not only has economic value, but also enables new products, services, and strategic moves. “Business leaders should prioritize trust in strategic considerations, utilize effective trust measurement tools, and build trust by delivering on their promises to stakeholders,” he asserts.
CNBC International
Upskilling Is Key to Empowering Workers to Use AI
In an interview with CNBC International, BCG’s Nick South explains how chatbots like ChatGPT have boosted optimism towards artificial intelligence (AI). According to a BCG survey, while frontline workers are feeling more optimistic about AI than just five years ago, 86% believe upskilling is required to learn how to use it effectively. As AI’s impact expands across industries, South says it is increasingly important for individuals to experiment and familiarize themselves with the technology, and for organizations to provide training opportunities for their workforces.
Fortune
What Your Company Needs to Build a Winning “Deep Tech” Strategy
Writing in Fortune, BCG’s François Candelon, Max Männig, John Paschkewitz, and Vinit Patel outline four requirements that are critical to ensure that companies succeed with deep tech. As technology advances and customer demands evolve, deep tech can enable businesses to create groundbreaking new products and processes. But to build a winning deep tech strategy, the authors stress that companies must develop a plan to manage the transition from old to new technologies.
Europa Press
Amaryllis Liampoti (BCG): "El boca a boca y las referencias siguen siendo poderosos canales para las empresas SaaS"
El sector del 'Software como servicio' está creciendo a nivel global en torno a un 17% anual, pero las empresas B2B europeas que se dedican a este modelo de negocio crecieron a un ritmo más de diez veces superior y aumentaron sus ingresos un 179 por ciento en 2022. Las empresas B2B SaaS “ofrecen servicios a otras empresas a través de un modelo de suscripción”, con el que “generalmente proporcionan soluciones de software a las que se accede en línea, en lugar de instalar y mantener el software localmente”, explica a Europa Press Amaryllis Liampoti, Managing Director and Partner de BCG. Liampoti es también la autora del informe 'The BCG X Playbook: Winning Strategies of hypergrowth SaaS champions', en el que se analizan las estrategias que las empresas SaaS están empleando para lograr crecer en un entorno de mercado desafiante.
Forbes
Five Prerequisites for High-Performance Hybrid Work
In her Forbes column, BCG’s Deborah Lovich identifies the most important prerequisites to make sure hybrid work benefits everyone involved. Hybrid work is the future for most offices, but building an effective hybrid workplace involves more than simply setting an organization-wide policy. “Instead of debating the number of days a week you want people in the office and measuring badge swipes, organizations should spend real time and effort making whatever version of hybrid they adopt really work.”
The Edge Singapore
Steering Towards a Sustainable Plastics Ecosystem in Singapore
Writing in The Edge Singapore, BCG’s Arun Rajamani and Marc Schmidt outline how Singapore can build an adaptive circular framework that mitigates the environmental impacts of plastic waste. Given Singapore’s consumption-heavy economy and limited land availability, the authors cite the growing need for public and private stakeholders to develop and deploy innovative solutions for tackling plastics pollution effectively.
Forbes
Organizations Greatly Underestimate How Many of Their Employees Have Disabilities
Forbes spotlights BCG research which reveals that organizations vastly underestimate the percentage of their workforce with disabilities. In a survey of nearly 28,000 employees across 16 countries, some 25% of respondents say they have a disability or health condition—significantly higher than the 4%–7% reported by most companies. Employees with disabilities also report lower levels of inclusion at work, emphasizing the need for organizations to invest in policies and programs that foster a more inclusive environment.
Financial Times
How Rebounding Tourism Will Impact Luxury’s Growth
Commenting in the Financial Times, BCG’s Sarah Willersdorf highlights China’s impact on the growth of the luxury industry in the coming year. Chinese tourism to Europe—a big driver for luxury shopping—is beginning to return but still lags behind pre-pandemic levels. “As China continues to open up, where the tourist traffic flows will be very different,” she notes. Therefore, luxury brands will need to serve Chinese customers in cities outside Europe and the US.
Bloomberg
Addressing the Threat of “Zombie Buildings”
Commenting in Bloomberg, BCG’s Santiago Ferrer discusses why so many US cities are at risk of becoming home to “zombie buildings.” With demand for office space declining, building owners, lenders, and city officials need to work together to bring in new investment, or risk more downtown tenants closing their doors. “This is a call to action that cities need to use their convening power to address,” says Ferrer.
The Economic Times
The Role of Corporations in Achieving Net-Zero Targets
In The Economic Times, BCG’s Burak Tansan, Anirban Mukherjee, and Aliriza Sancar outline how corporations play a crucial role in achieving net-zero targets in emerging markets. By prioritizing their own net-zero goals, emerging-market companies can drive governments to move towards more sustainable practices. Tansan, Mukherjee, and Sancar also underscore the importance of multinational companies in upholding sustainability commitments.
CTV News
Addressing Mental Health in the Workplace
Commenting in CTV News, BCG’s Genevieve Bonin explains the lingering stigma around discussing mental health, particularly among young people. According to a BCG study, five million young professionals in Canada require mental health support. Organizations need to recognize the extent of this crisis, says Bonin, and develop overarching mental health strategies to support all employees.
Forbes
On Becoming a “Head’s Up Jew” at Work
Writing in Forbes, BCG’s Deborah Lovich discusses how she began to embrace a “heads up” approach to sharing her Jewish identity in the workplace. Despite her initial discomfort and fear of discrimination, Lovich was motivated by a sense of solidarity with colleagues to embrace her Jewish identity. “The transition from heads down to heads up made me realize how important it is to have a very broad understanding of workplace diversity and inclusion,” she says. “No two of us are alike. Don’t hide. Celebrate that fact.”