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.”

Forbes

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.

Forbes

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.

Financial Times

Online Sales Benefit New Jewelry Brands

As the COVID-19 pandemic has required the majority of sales to shift online, new jewelry stores are entering the digital market. “Companies launching now are trying to prove they can have an edge and accelerate their growth out of recession,” BCG’s Sarah Willersdorf tells the Financial Times. She says the pandemic has only hastened trends that were already underway, including the rise of ecommerce and an increase in direct sales.

The Edge Malaysia

Emerging Stronger in Leadership and Resilience

BCG’s Zafir Munir writes in The Edge Malaysia that strong leadership and resilience will remain fundamental to business success in 2021 and beyond. A recent BCG report found that resilience in unfavorable periods accounts for nearly 30% of long-term business outperformance. Munir reveals the most fundamental component of resilient companies: people. He believes that supporting people to succeed through challenging times must be a priority for companies if they are to continue to grow and emerge stronger from crises.

Gulf News

Mobile Banking and the Role of Regulators in the UAE

Mobile banking usage has increased by over 65% in the UAE during the pandemic, according to a recent BCG report. BCG’s Harold Haddad tells Gulf News “COVID-19 and subsequent events have increased consumers’ already ravenous appetite for digital financial services.” The report also highlights the role of regulators along with five other main actors in the UAE’s national fintech ecosystem. BCG’s Haytham Yassine says that “regulators in the UAE should build on the country’s fintech momentum and further drive their regulatory agenda to foster financial innovations amid the increased adoption of digital banking channels.”

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