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BCG in the News

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    CNN: Quest Means Business

    Will the Economy Define America’s 2024 Election?

    In an interview with CNN’s Quest Means Business, BCG’s Global Chair Rich Lesser explains how the state of the job market and current economic headwinds could impact the next US presidential election. Lesser says that despite inflation, the economy will not be a defining factor for voters as geopolitical tensions and other contributing factors remain at the forefront. “Inflation is continuing to come down,” he notes, “and people tend to react to inflation on a very short-term basis.”

    Modaes

    La IA, la herramienta ignorada por los retailers para gestionar la cadena de suministro

    Según el estudio realizado por el World Retail Congress (WRC) y Boston Consulting Group (BCG) los comerciantes minoristas podrían usar la IA para solucionar sus problemas de forma más fácil y efectiva. Joan Sol, socio y responsable de la práctica de Gran Consumo y Retail de BCG en España y Portugal afirma que "La gran mayoría de los distribuidores están pasando por alto la oportunidad de adoptar soluciones con tecnologías de inteligencia artificial", y describe la IA como "una ventaja competitiva que impulsará el negocio".

    The Economic Times

    The Role of Gas in India’s Energy Transition

    Writing in The Economic Times, BCG’s Kaustubh Verma and Soumyasree Chakraborty outline the key role compressed natural gas and piped natural gas play in reaching India’s emission reduction goals. The authors write that city gas distribution (CGD) companies can contribute to the country’s energy transition, but they must think strategically. There are many possibilities for CGD companies to accelerate their growth, while also aiding in India’s sustainability efforts.

    The Hindu Business Line

    How India Can Build Its Share in the Global Supply Chain

    In an interview with The Hindu Business Line, BCG’s Nikolaus Lang says that India is poised for significant growth if the country confronts the challenges faced by its business systems and infrastructure. India’s geopolitical improvements and size have made the country a strong alternative in the global supply chain, says Lang. But the country must seek the right talent, port infrastructure, and trade regulations to increase its share in the global supply chain.

    Forbes

    How Manufacturing Technology Can Benefit Workers

    Writing in Forbes, BCG’s Deborah Lovich discusses the benefits that workers can draw from a fully automated workplace, including improved work-life balance and flexibility. In the short term, remote meetings and shift scheduling can be facilitated through technology, says Lovich. And while a fully automated workplace won’t happen overnight, the factory of the future will be controlled by its “digital twin”—a smart digital replica of what happens in a plant based on massive amounts of data collected by sensors—while upskilled employees monitor and oversee factory functions remotely.

    Sky News

    Why UK Businesses Are Retaining Workers

    In an interview with Sky News, BCG’s Raoul Ruparel discusses how talent shortages have contributed to high wage growth in the United Kingdom. According to a BCG survey of over 1,500 UK business leaders, 77% of executives said they expect to grow their workforce or keep it the same over the next year. Company leaders believe any potential economic downtown will be mild, says Ruparel, so they have been unwilling to lay off skilled workers.

    Vogue Business

    Why Luxury Fashion Brands Are Rethinking Their Sustainability Teams

    Commenting in Vogue Business, BCG’s Jocelyn Wilkinson discusses how luxury fashion brands are now prioritizing sustainability in their C-Suites. She says that brands are giving the topic an executive direct line by reinventing sustainability teams to report directly to company leadership. “The head of sustainability needs leverage and influence within the organization,” Wilkinson says. “So their manager should be the CEO or CEO minus one.”

    Trend

    The Future of Azerbaijan’s Green Hydrogen Economy

    Commenting in Trend, BCG’s Vladimir Rogov says that Azerbaijan is well positioned to be a major player in green hydrogen production. He explains how the country’s high solar generation potential and cost-effective pipeline networks could ensure a strong competitive advantage for the country. As a result, Rogov predicts that Azerbaijan could earn an estimated $230 million–$500 million in revenue per year from hydrogen exports.

    The Jakarta Post

    Ten Ideas to Turn Indonesia’s Decade of Progress into a Century of Prosperity

    Writing in The Jakarta Post, BCG’s Haikal Siregar and Verra Wijaya outline Indonesia’s ambitious Visi Indonesia Emas 2045 plan, which aims to improve the country’s economy and reduce poverty rates. The authors discuss key priorities, including a shift towards green energy and investments in the digital economy. “Indonesia has beaten the odds and made incredible progress this past decade,” they write. “For this to continue in the century ahead, Indonesia needs to set the right priorities to achieve it.”

    Fortune

    What’s Missing from Your Company’s AI Transformation Is a Transformer

    Writing in Fortune, BCG’s François Candelon, Rémi Lanne, and Clément Dumas explain why some businesses are turning to AI transformers—they provide access to custom technology and support for talent, training, and change management. But many companies remain hesitant about working with AI startups. “For industry incumbents to get more out of AI, they need to change their mindset and their behaviors to allow for meaningful collaboration with transformers,” the authors write.