BCG in the News

900 Results

    Financial Times

    What the Rich Are Still Spending

    The pandemic has forced even the wealthy to change their spending patterns, BCG’s Sarah Willersdorf explains to the Financial Times. According to the seventh edition of BCG’s “True-Luxury Global Consumer Insights” report, 57% of high-end shoppers have refrained from making purchases and investments they had planned before the pandemic. Willersdorf says, “ultra-high-net-worth individuals are still happy to spend, while the slightly less rich will trade down.”

    China Daily

    Auto Companies in the New Energy Era

    In his guest column for China Daily, BCG’s Gang Xu discusses the recent rapid growth of China’s new energy vehicle (NEV) market. He notes that uncertainties may indicate a coming restructuring of the industry. He explains that the overall profitability of China’s NEV industry is decreasing as other industry giants with stronger supply chains enter the market. Gang expects that auto players that actively seek transformation and strong user touchpoints will dominate the market; whereas those that lose touchpoints will be pushed out.

    Frankfurter Allgemeine Zeitung

    So könnte die Weltwirtschaft nach Corona aussehen

    Ein siebenköpfiges Autorenteam des Beratungshauses BCG prognostiziert, dass das globale Handelsvolumen pandemiebedingt um mindestens 20 Prozent schrumpft und erst in drei Jahren das Vorkrisenniveau von rund 18 Billionen Dollar erreicht haben wird – das Zusammenspiel aus Weltwirtschaftskrise, härterer Gangart in der Geopolitik und neu justierten sowie teils renationalisierten Lieferketten zugleich aber schon jetzt tektonische Handelsverschiebungen in Gang setzt.

    Handelsblatt

    Zehn-Billionen-Markt: Wie Maschinenbauer vom Klimaschutz profitieren

    Die Maschinenbaubranche steckt tief in der Coronakrise. Doch die gesamte Wirtschaft muss CO₂ senken – das birgt gewaltiges Potenzial, etwa im Anlagenbau. Vor allem für den deutschen Maschinenbau entstehe eine besondere Chance, ist Markus Lorenz überzeugt. Er ist Senior-Partner bei BCG und hat die Studie mitverantwortet. „Es gibt hier das Ökosystem mit der weltweit wahrscheinlich höchsten Leistungsfähigkeit.“

    Forbes

    Learning & Development: COVID-19 Pushes It from the Back Room into the Spotlight

    In his column for Forbes, BCG’s Grant Freeland discusses the limitations of remote learning and the importance of learning and development (L&D) during the COVID-19 pandemic. He writes that, given the speed at which technology and society are changing, the need for continuous learning, reskilling, and upskilling has never been greater. Freeland says broader L&D programs create a pool of agile employees, develop problem-solving managers, and inspire leadership in executives.

    Handelsblatt

    Mehr Angebot als Nachfrage – die LNG-Blase droht zu platzen

    „Der globale LNG-Markt war schon vor Corona übersättigt“, erklärt Jens Burchardt, Energieexperte beim Beratungsunternehmen BCG den Preiseinbruch. „Die Nachfrage ist nicht in demselben Maß gewachsen wie die Kapazitäten.“ Vor allem in Asien habe sich der Markt nicht so schnell entwickelt wie gehofft. In Japan und Südkorea ging die Nachfrage sogar zurück. „Das hat zu einem Angebotsüberhang und gesunkenen Preisen geführt“, sagt Burchardt.

    Australian Financial Review

    The Need for Digital Transformation During the Pandemic

    BCG’s Stefan Mohr tells the Australian Financial Review that the pandemic is giving greater urgency to digital transformation. Citing research from BCG, Mohr explains that digital leaders outperform their peers in key areas including cost efficiency, product quality, customer satisfaction, and time to market. As the world rapidly changes, digital leaders will be the front-runners in the race for business survival, he says.

    MARKETING DIRECTO

    Nuestro consumidor fiel se ha convertido en un desconocido

    Javier Pérez Moiño, Managing Director and Partner de BCG desgrana para Marketing Directo el impacto que ha tenido Covid-19 en el área de Marketing y aquello que más apremia a los CMO en estos momentos: qué diferentes oportunidades para la recuperación se pueden identificar desde la perspectiva de la Data y la Tecnología para volver a conquistar al ‘nuevo desconocido’ en que se ha convertido el consumidor.

    CNBC Africa

    How East African Businesses Can Survive COVID-19

    In an interview with CNBC Africa, BCG’s Mills Schenck asserts that East African firms should be actively managing their liquidity to adapt to the new reality and to ensure near-term continuity. He explains that there are opportunities for all sectors to capitalize on shifting supply-chain dynamics and to invest in digital. According to Schenck, companies need to build flexibility in their business models and future-proof their supply chains to ensure greater resiliency.

    HBR

    A Guide to Building a More Resilient Business

    In their featured article for hbr.org, BCG’s Martin Reeves and Kevin Whitaker explain how businesses can explicitly design for, measure, and manage resilience in our COVID-19 world. They stress the importance of resilience as the business environment is becoming more dynamic and unpredictable. The authors explain that managing for resilience requires a “fundamentally different mental model of business—one that embraces complexity, uncertainty, interdependence, systems thinking, and a multi-timescale perspective.”