BCG in the News

903 Results

    Live Mint

    Sustainability Now Seen as a Value Driver for Private Equity

    In Live Mint, BCG’s Benjamin Entraygues and Kanchan Samtani discuss private equity’s shift towards viewing climate and sustainability as value drivers rather than just compliance and reporting requirements. They explain that discussions between general partners (GPs) and limited partners (LPs) around the energy transition and climate and sustainability, whether they’re about “grey-to-green” transitioning or sustainability as an advantage, have accelerated significantly over the past two to three years. Entraygues and Samtani assert that private capital has the potential to be “a powerhouse” in the transition to net zero and positively impact the climate.

    Fortune

    Why Great Managers Are the Best Answer to the Labor Shortage

    Writing in Fortune, BCG’s Julia Dhar, Deborah Lovich, Nick South, and Sebastian Ullrich assert that the most effective strategy for companies seeking to retain key talent is to invest in making great managers. A BCG survey of nearly 5,000 “deskless workers” whose jobs require their physical presence found that workers who were dissatisfied with their managers were 50% more likely to feel burned out, three times more likely not to recommend their employer as a place to work, and twice as likely to leave their job within a year. Based on the survey results, the authors explain how companies can develop day-to-day managers who help attract and retain essential talent.

    Forbes

    ChatGPT: Let the Generative AI Revolution Begin

    In his first column for Forbes, Sylvain Duranton, global leader of BCG X, weighs the benefits and risks of generative AI, such as content generator sensation, ChatGPT, on businesses. While this emerging technology can optimize an organization’s processes, generative AI also raises some important ethical questions. Duranton asserts that generative AI will cause a profound disruption to industries and may ultimately aid in solving some of the most complex problems facing the world today.

    Fortune

    Why Finance Functions Need More Women Leaders

    In Fortune, BCG’s Juliet Grabowski and Anna Oberauer assert that addressing gender inequality in the finance function is imperative not only to promote equity—but also to boost corporate growth, returns, and market valuations. According to a recent BCG analysis of the top 150 public and private companies in the US, Europe, and Asia-Pacific, only 13% have a woman chief financial officer. Based on BCG’s study, Grabowski and Oberauer outline how to advance more women into financial leadership roles in 2023.

    The Economic Times

    India Poised for Significant Growth

    In an interview with The Economic Times, BCG’s CEO Christoph Schweizer explains why India’s economy seems to be bucking the global trend toward recession. He says that although India is very connected to the global economy, it has also become “an independent powerhouse” due to global economic shifts and strong local policy support. While the interconnectedness of the global economy means that no place in the world is immune to economic shocks and recessions, Schweizer outlines why India is well positioned for growth in the coming years.

    Forbes

    Building Retail Resilience in a Recession

    Commenting in Forbes, BCG’s Tiffany Yeh outlines the keys to retail success in the face of economic headwinds and waning consumer sentiment. Based on BCG research from previous periods of financial decline, Yeh identifies a series of structural advantages that have historically contributed to retail resilience: leaning into the customer proposition, managing product costs, investing in company infrastructure, and leveraging top talent. With a recession looming, she urges retailers to be proactive: “By acting now, retailers will set themselves up for success not just next year, but for years to come.”

    Fortune

    Will the US and Europe Slide into Recession in 2023?

    Writing in Fortune, BCG’s Philipp Carlsson-Szlezak and Paul Swartz discuss how companies can plan for 2023 amid rising global uncertainty. The authors explain that while economic outlooks have historically been used to guide company strategy heading into the new year, recent projections have been quickly dismantled by external shocks like the COVID-19 pandemic and the war in Ukraine. With the US and Europe each facing a slew of unique challenges, experts are struggling to predict exactly which risks will materialize in 2023. Carlsson-Szlezak and Swartz thus advise leaders to create nuanced plans that account for a range of potential shocks.

    Yahoo! Finance Live

    Companies Redefine Resilience Amid an Economic Downturn

    In an interview for Yahoo! Finance Live, BCG’s Global Chair Rich Lesser explores the many ways that companies can bolster resilience ahead of a potential recession. Several companies, particularly those in the tech industry, have attempted to optimize costs through layoffs, but Lesser encourages leaders to weather the economic storm with more sustainable, lasting solutions. While resilience in past recessions was primarily associated with cost-cutting, he asserts that resilience in future recessions will also be about digitization, analytical capabilities, sustainability, and adaptability in the face of uncertainty.

    The Times of India

    Betting Big on Tech

    In The Times of India, BCG’s Rajiv Gupta spotlights 12 burgeoning technologies that appear to be nearing inflection points where they could disrupt the market, based on recent analysis from BCG and NASSCOM. When today’s leading digital technologies were first taking off in the period between 2012 and 2016, Gupta says that India’s tech companies were caught behind the curve. Now, going into 2023, Indian firms have regained momentum and are eager to capitalize on the next big development. He thus encourages Indian companies to keep their finger on the pulse of the industry and implement new disruptive technologies as they emerge.

    Financial Times

    US Supply Chain Troubles Ease, but Challenges Remain

    Commenting in the Financial Times, BCG’s Michael McAdoo stresses the importance of building resilient supply chains amid geopolitical and economic uncertainty. Though US supply chains appear to be smoothing out, they are not fully insulated from ongoing headwinds such as wage inflation, labor shortages, and COVID-19 restrictions abroad. Anticipating the hurdles ahead, McAdoo suggests proactively redesigning supply chains to withstand future shocks. “Geopolitical considerations are no longer the icing on the cake,” he says. “They’re the cake, and people are integrating this into their decision making.”

    CNN's "Quest Means Business"

    The Future of Work Is Digital

    In an interview with CNN’s “Quest Means Business,” BCG Global Chair Rich Lesser discusses how companies can expand their technological capabilities and successfully transition to hybrid work. According to survey findings from BCG X, BCG’s new tech build and design unit, about 60% of companies are planning to increase their spending on tech and digital in 2023, laying the groundwork for hybrid work to become the norm. “Hybrid is here to stay,” Lesser says, maintaining that companies will be best served building the tools and capabilities to do it well.

    Fortune

    To Get the Most from AI Investment, Consider the Uniqueness of AI’s Risks

    Writing in Fortune, BCG’s François Candelon, Theodoros Evgeniou, and Maxime Courtaux weigh the risks and benefits of implementing AI. Through an analysis of several companies’ past attempts to leverage the technology, the authors demonstrate how AI can either create business value or, when used improperly or irresponsibly, undermine company operations. Candelon, Evgeniou, and Courtaux urge leaders to keep the unique learning capabilities of AI in mind to yield the best results and returns on investment.

    The Economic Times

    Businesses Plan to Increase Investment in Digital Transformation

    In The Economic Times, BCG’s Sylvain Duranton and Jessica Apotheker discuss the launch of BCG X, BCG’s new tech build and design unit to help organizations enable tech innovation at scale and deliver successful end-to-end digital transformations. Despite economic headwinds and challenges to the current tech ecosystem, BCG X’s inaugural survey revealed that about 60% of companies plan to increase investment in digital transformation in 2023. “What’s clear from our survey is that most companies are struggling to deliver bottom-line results for their digital transformations and are facing consistent pain points with their tech partners and vendors,” Duranton says. “BCG X, as an integral part of BCG, will bring tech build and design capabilities together to solve these problems.”