HBR.org
Understanding the Economic Shock of Coronavirus
In their featured article for hbr.org, BCG’s Philipp Carlsson-Szlezak, Martin Reeves, and Paul Swartz discuss the looming global recession. They explain three models of economic “shock geometry” and two economic supply-side threats as a result of COVID-19. The authors evaluate the chances of preventing a U-shaped scenario, but conclude that “the battle is underway, and without innovation the odds are not in favor.”
The Edge Singapore
The ‘70%’ in successful digital transformation
BCG’s Sagar Goel delved into the secret recipe for a successful digital transformation. While it might feel like having the right digital infrastructure (like the technology, strategy and algorithms) is the key ingredient, it actually only accounts for 30% of what is needed. Read on to find out what is the key 70%.
Die Presse
E-Scooter schon vor neuen Regularien ausgebremst
Wie Unkraut überwucherten elektronische Tretroller das Wiener Stadtbild. Zeitweise gab es mehr als zehn verschiedene Anbieter. Doch in Zeiten einer Virus-Pandemie verzichten die Städter auf Sharing-Konzepte. „Jetzt trennt sich die Spreu vom Weizen“, prophezeit Daniel Schellong, Experte der Boston Consulting Group (BCG), der „Presse“. Von den vielen E-Scooter-Firmen werden „am Schluss nur zwei bis vier Anbieter je Stadt übrig bleiben“.
Forbes
Leaders Should Be Humans First, Especially in Times of Crisis
In his guest column for Forbes, BCG’s Grant Freeland writes that leaders should be professional and compassionate during a crisis. He cites an article by BCG’s Ben Horner which discusses the importance of offering mental health initiatives to workers. Freeland relays that during stressful times, “one of the best things we can do to help colleagues and customers is to listen, assure them they’re not in this alone, and let them know you care.”
Handelsblatt
So hart trifft die Coronakrise die weltweite Luxusbranche
Luxuskonzerne rechnen mit einem dicken Umsatzminus. Die Epidemie könnte manches Unternehmen in Existenznot bringen. Die Unternehmensberatung Boston Consulting Group (BCG) geht in ihrer neuesten Studie davon aus, dass der Weltmarkt für persönliche Luxusgüter in diesem Jahr um 70 bis 90 Milliarden Euro schrumpfen wird.
Fortune
6 Steps to Sustainably Flatten the Coronavirus Curve
In his featured article for Fortune, BCG’s CEO Rich Lesser highlights six ways industries can flatten the coronavirus curve. He advises companies and individuals alike on how they can use the pandemic as an opportunity to innovate in technology, communication, and healthcare. Lesser implies the time to act is now, “for the sake of our economy, the livelihoods of millions, and the health of our society, we have to get started.”
CNBC Squawk Box
BCG CEO Rich Lesser on Coronavirus Uncertainty
In an interview with CNBC’s Squawk Box, BCG CEO Rich Lesser discusses how business leaders are navigating the uncertainty surrounding coronavirus. Lesser cites an article he wrote that advises businesses on how to innovate and adapt to the pandemic. He affirms that “we are going to need government leadership to make sure the technology is available and help set ground rules for privacy tradeoffs” to help adjust to a new reality.
manager magazin
Exclusive Studie zur Corona-Krise: Welche Branchen besonders getroffen werden
Die Vorstände aktivieren ihre Notfallpläne. Doch das Virus ist mächtiger als gedacht. Eine exklusive Studie zeigt, welche Industrien in Deutschland am stärksten leiden.
Sky TG24
Emergenza Coronavirus
Francesco Guidara illustra i dati sull'impatto che il Covid-19 potrebbe avere sull'economia e sui vari settori di mercato, dal lusso al comparto bancario. In particolare, è importante essere pronti a costruire la ripresa, dando uno sguardo agli esempi delle aziende che si sono confrontate per prime con il virus. Guarda il servizio completo di Sky TG24.
Handelsblatt
Hedgefonds wittern in der Coronakrise ihre Chance
Aktivistische Investoren können nach dem Kursrutsch an den Aktienbörsen bei Konzernen günstig einsteigen. Deutschland bietet besonders viele Ziele, zeigt die neue Studie der Boston Consulting Group (BCG).
Tagesschau
Handel und Corona-Krise: Es ist genug für alle da
Im Netz kursieren die Bilder von leeren Supermarktregalen. Doch die Sorge vor Versorgungslücken sei unbegründet, versichert der Lebensmittelhandel. Lieferketten funktionierten, das Horten von Vorräten sei unnötig.
O Estado de São Paulo
Supermercados devem ampliar vendas em 15% em meio à pandemia, estima BCG
Supermercadistas podem esperar aumento nas vendas porque consumidores têm procurado estocar produtos essenciais e cortado refeições fora de casa.
FAZ
Boston Consulting Group will 800 neue Mitarbeiter einstellen
Trotz der Coronavirus-Ausbreitung hält die Unternehmensberatung an ihren Expansionsplänen fest. Die Epidimie werde die Wirtschaft aber verändern, sagt BCG-Deutschlandchef Matthias Tauber.
The Edge Markets
Can I Still Believe in Malaysia?
In his guest column for The Edge Markets, BCG’s Vincent Chin discusses the silver linings of Malaysia losing its edge in traditional economic production. He cites a joint report by BCG and The Network that found 70% of Malaysia’s digital talent would relocate internationally for work. Chin reasons that enhanced human capital is key to developing sustainable advantage for Malaysia. He acknowledges that “it is by no means too late for Malaysia, but we cannot be complacent.”
Oil & Gas Middle East
Gas: A Growth Opportunity
In his guest column for Oil & Gas Middle East, BCG’s Pablo Avogadri discusses the growth of the gas market in the Middle East. He outlines the three components of the energy “trilemma framework” tool that contributes to the exponential advancement of the industry: cost competitiveness, security of supply, and sustainability. Avogadri cites a report coauthored by BCG, Snam, and IGU that explains how low-cost resources, strong infrastructure, and government policy will help the Middle East “maintain its best-in-class position to 2030."