Nikkei Asia

Indonesia’s Green-Energy Transition Is Serious Business

In a coauthored article for Nikkei Asia, BCG’s Haikal Siregar writes about Indonesia’s 2060 net-zero targets, which will require an estimated $200 billion in financing each year over the course of the next decade. He shares that progress toward this target is already underway, with the country seeing notable developments in areas such as solar power technology and electric vehicle manufacturing. With the energy transition poised to yield significant economic gains, Siregar advises governments, companies, investors, and civilians to come together in pursuit of this ambitious goal.

Fortune

A New Focus at COP27

In Fortune, BCG’s Vinay Shandal reflects on the major takeaways from this year’s United Nations Climate Change Conference, COP27. While previous conferences focused largely on the mitigation of carbon emissions, discussions around climate adaptation came to the forefront at this year’s event. “The reality is, especially for developing economies, climate change is already here,” he says, as nations throughout the global south suffer disproportionately from floods, storms, and droughts brought on by climate change. Shandal thus urges world leaders to explore how they can finance critical climate adaptation strategies and compensate the countries experiencing the greatest losses and damages.

Mint

India’s Path to Digital Transformation

In an exclusive interview with Mint, BCG’s Vaishali Rastogi and Rajiv Gupta explain how Indian businesses can successfully execute digital transformations. Though the pandemic has accelerated many companies’ digitalization journeys, India is still witnessing a wide digital divide with certain sectors implementing new digital infrastructure and operating models at much faster rates than others. To advance their digital agendas beyond smaller-scale pilot projects, Rastogi and Gupta advise companies to determine their business case, develop at scale, form the right talent units, and gain commitment from senior management.

The Jakarta Post

Powering Sustainable Ocean for Buoyant Global Economy

In a coauthored article for The Jakarta Post, BCG’s Nicolas Meyer writes about the formation of Ocean 20: an official dialogue of the G20 created to boost equitable and sustainable interaction with the world’s oceans. The initiative launched on the heels of a recent white paper from the World Economic Forum and BCG, which highlights the ocean’s critical contributions to the global economy. As forces such as climate change, pollution, and overexploitation cause the ocean’s health to deteriorate, Meyer urges business leaders and policymakers to invest in the welfare of the ocean—and, in turn, the welfare of the global economy.

Harvard Business Review

Three Steps to Prepare Supply Chains for the Next Crisis

Writing in Harvard Business Review, BCG’s Christian Schuh, Wolfgang Schnellbächer, and Daniel Weise outline tactics leaders can employ to anticipate future shocks and build supply chain resilience. Despite warning signs about the likelihood of a global pandemic and a war in Ukraine, businesses were still largely unprepared to withstand the resulting supply chain disruptions. Looking ahead to the next crisis, the authors advise businesses to adopt risk-monitoring operations, simplify their product portfolios, and strategically de-risk their supply chains in hopes of better weathering the storm.

Financial Post

The Green Farming Revolution Is Here, But We Must Help It Grow

In a coauthored article for the Financial Post, BCG’s Keith Halliday discusses the outlook for Canada’s food production system. Amid historic inflation, geopolitical turmoil, and unpredictable weather patterns due to climate change, the agricultural sector faces significant pressure to produce a reliable food supply—not only for Canada, but also for countless countries across the globe. Based on a joint report from Royal Bank of Canada, BCG’s Centre for Canada’s Future, and Arrell Food Institute at the University of Guelph, Halliday outlines how to revamp and reinforce Canada’s essential farming systems.

Gulf Business

Telecom Industry’s Value Creation Blueprint for the Future

Writing in Gulf Business, BCG’s Kaustubh Wagle discusses the importance of telecom operating companies (telcos) in securing the Middle East’s digital future. As a fundamental building block of digital communication and interconnection, the telecom industry is uniquely positioned to propel the region’s larger digitization agenda—but only if certain challenges are confronted and mitigated. With massive investment spurring innovation and adaptation in the field, Wagle explains how telcos can create shareholder value while promoting the Middle East’s social, economic, and technological development.

Fortune

AI Empowers Employees, Not Just Companies

Writing in Fortune, BCG’s François Candelon, Shervin Khodabandeh, and Rémi Lanne address how businesses can achieve both organizational and individual value with AI. Despite concerns that AI adoption comes at the expense of employees, a joint report from BCG and MIT Sloan Management Review found that 64% of workers say they have personally benefited from their companies’ use of AI. With the technology quickly making its way into the mainstream, Candelon, Khodabandeh, and Lanne explain how AI can facilitate a symbiotic relationship between an organization and its people.

Forbes

Leaders: You’ve Got to Have Heart

Writing in Forbes, BCG’s Deborah Lovich discusses the characteristics that employees look for in their leaders. A joint survey from BCG and BVA Group assessed the importance of three different types of leadership qualities—“head” qualities like creativity and vision, “hand” qualities like courage and resilience, and “heart” qualities like empathy and recognition. Though “head” and “hand” are integral to a leader’s success, the research indicates that employees are largely looking for “heart.” To ensure employee satisfaction and drive performance, Lovich advises executives to lead with their hearts.

The Jakarta Post

Digital Transformation Powering Up Legacy Firms in Southeast Asia

Writing in The Jakarta Post, BCG’s Davids Tjhin and Tauseef Charanya discuss how legacy companies in Southeast Asia can accelerate digital transformations and build competitive advantage. BCG research shows that the region has already proven to be a leading force in digitalization, with 47% of Southeast Asian companies achieving their digital transformation objectives compared to the global average of 35%. To help firms compete more strategically, Tjhin and Charanya outline the six key building blocks of a successful digital transformation.

Fortune

How Companies Can Significantly Extend the Reach of Sustainability

Writing in Fortune, BCG’s Kanika Sanghi, Aparna Bharadwaj, and Lauren Taylor discuss how businesses can encourage sustainable choices among consumers. According to a recent BCG survey, up to 80% of consumers say they are concerned about sustainability, but only 1% to 7% are paying a premium for sustainable products and services. In hopes of bridging this gap, Sanghi, Bharadwaj, and Taylor outline strategies that leaders can use to motivate these consumers to embrace sustainability across the board.

Gulf News

With Digital Transformation, Best Not to Overcomplicate Processes

Writing in Gulf News, BCG’s Rami Mourtada explores how governments across the Middle East can best orchestrate digital transformations. In the region’s rapidly developing technology landscape, pressure to digitalize the public sector is building, but Mourtada asserts that several roadblocks are currently delaying these goals. Instead of rushing and overcomplicating the process as a result, he encourages governments to first tackle existing challenges and create a strategic, citizen-centric roadmap toward digital transformation.

Harvard Business Review

Today’s Supply Chain Fluctuations Require Systemic Solutions

Writing in Harvard Business Review, BCG’s George Stalk and Pierre Mercier discuss the bottlenecks and backlogs wreaking havoc on global supply chains. The pandemic caused a surge in demand that overwhelmed suppliers, but even with lockdowns ending and virus fears subsiding, Stalk and Mercier anticipate that supply chain instability will continue for months—potentially years. Business leaders may not have the capability to solve systemic supply chain crises at their roots, but the authors explain that leaders can implement a series of strategies to mitigate complications within their organizations.

ET Retail

In India’s D2C Segment, Beauty Is a Beast!

Writing in ET Retail from The Economic Times, BCG’s Mani Singhal discusses the influx of direct-to-consumer (D2C) brands in India, specifically within the beauty and personal care space. The COVID-19 pandemic, on top of the country’s ongoing digital revolution, fueled a major shift from traditional brick-and-mortar retailing to e-commerce, making way for hundreds of new entrants into the D2C segment. By directly targeting consumers online, Singhal explains how India’s new-age beauty brands are tapping into this growing market and positioning themselves for success.

The Daily Nation

The Importance of Africa Hosting COP27

In an interview with The Daily Nation, BCG’s Katie Hill explains why it’s crucial that the 2022 United Nations Climate Change Conference (COP27) is taking place on African soil. Though the continent has contributed the least to the climate crisis, it stands to bear the brunt of its effects—countries across Africa are already experiencing severe droughts and food shortages as a result of climate change. With Egypt hosting COP27, Hill expects African voices and concerns to be front and center, making way for tangible action toward climate justice for the continent.

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