BCG in the News

Forbes

Flexible Working Models Increase Employee Satisfaction

In Forbes, BCG’s Deborah Lovich encourages managers to have open conversations with their teams about hybrid working models and to experiment with different options until they find what works best for them. A BCG survey of more than 1,500 office-based workers around the world found that the closer the working policy is aligned to the specific dynamics of a team and its workload, the greater the employee satisfaction. “Bring it down to the team level, know your work, know your team, and don’t be afraid to experiment with different models,” Lovich says.

Bloomberg & Australian Financial Review

$18 Trillion Needed to Finance the Energy Transition

In Bloomberg and the Australian Financial Review, BCG’s Maurice Berns explains that most of the tools needed to bring the world’s energy system to net zero are already available, and urges governments and the private sector to work together to lower the cost of investing in renewables. A BCG report found that there is an $18 trillion investment gap needed to finance the energy transition, with electric grids requiring just as much investment as building new solar and wind capacity.

Live Mint

Enhance Board Effectiveness to Acquire a Competitive Advantage

In a coauthored guest column for Live Mint, BCG’s Abheek Singhi outlines four key ingredients to enhance the effectiveness of a company’s board. By ensuring clearly defined roles, diverse composition, effective meeting schedules, and members who are contextually familiar with the company, boards can become a source of competitive advantage in today’s volatile work environment. “Today’s board is not just a regulatory requirement, but can be a strategic asset for the company,” writes Singhi.

Gulf News

Early Movers Will Have Clear Advantages in Gulf’s Green Hydrogen Push

In a guest column for Gulf News, BCG’s Erich Suess and Javier Doblas explain that as Gulf Cooperation Council (GCC) countries undertake some of the world’s most advanced low-carbon hydrogen projects, banks that help fund these ambitious projects will gain a clear early-mover advantage. The authors state that, as early movers, banks should proactively act as ecosystem enablers and establish relationships across the value chain by bringing together key stakeholders, “actively helping to create, shape, and win future opportunities.”

NPR

Finding Balance in Hybrid Work

Talking with NPR, BCG’s Deborah Lovich emphasizes the importance of managers and employees having open conversations about hybrid work policies in the post-pandemic world. A BCG survey of more than 1,500 global office workers found that employee compliance and satisfaction were higher when their schedules could vary each week, as opposed to having required in-office days. Lovich explains that people are not used to talking about how they should work each day, but enormous change in the work landscape has made it a necessity.

Business Standard

India’s Road to a $10 Trillion Economy

In Business Standard, BCG’s Global Chair Emeritus Hans-Paul Bürkner explains that India is on track to become a $10 trillion economy by 2030. He shares that with consistent investments in areas like infrastructure, health care, and education, and a more open trade policy, India is positioned to grow its GDP at 7%–8% over the next three to five years. “India has maintained a strong growth trajectory over many years, not just in recent times,” Bürkner notes.

The Economic Times

Global Companies Flock to Invest in India

In The Economic Times, BCG’s Global Chair Emeritus Hans-Paul Bürkner explains that with its enormous population and fast-growing economy, India is well positioned to increase its GDP by 7%–8% in the next three to five years. Bürkner notes that although more investment is needed in India’s human talent and infrastructure, many global Fortune 500 companies are looking to scale their plans in the country. “In India, there is enormous energy, enormous ambition, and people really have high expectations, but they are also working very hard for it,” he says.

Yahoo! Finance

The Future of US Inflation

In a video interview on Yahoo! Finance, BCG’s Global Chair Rich Lesser says that US Federal Reserve (Fed) Chair Jerome Powell’s remarks at this year’s Jackson Hole Economic Symposium were more “cautious than hawkish.” Lesser emphasizes that economic uncertainty remains, but he is confident that the Fed will be dependent on data to guide its decisions in the coming months—even if the Fed’s 2% inflation target is not immediately met. “It doesn’t change that 2% is the target, but it does say that an obsession to get to 2% fast is not necessarily serving the broader economy,” he notes.

CNBC "Squawk Box"

Building Competitive Advantage Amidst Uncertainty

On CNBC “Squawk Box,” BCG’s Global Chair Rich Lesser emphasizes the importance of investing in people and innovative technologies to build sustained competitive advantage. Lesser says that he remains optimistic about the future, noting that the world economy has shifted from a period of enormous uncertainty and moderate change to a period of moderate uncertainty and enormous change. “I think most companies are recognizing that in a world of rapid change, your workforce is your key asset, and upskilling them is huge,” he says.

The Business Times

Growth or Green? Indonesia Can Do Both

In a coauthored guest column for The Business Times, BCG’s Marc Schmidt explains that Indonesia must invest in the development of accessible green funding, green talent, and supportive regulatory frameworks to create a green growth economy. A joint study from BCG and AC Ventures found that Indonesia could unlock a $400 billion annual green growth windfall by 2030, if stakeholders across all sectors participate in this transition. “We all have a role to play in delivering on this opportunity, from government decision-makers to citizens on the ground,” he writes.

Fortune

Hybrid Work Is Not One-Size-Fits-All

In Fortune, BCG’s Deborah Lovich emphasizes the importance of managers and employees working as a team to develop hybrid schedules that build flexibility, trust, accountability, and productivity. A recent BCG survey of more than 1,500 office workers worldwide found that hybrid work is not a one-size-fits-all endeavor, and flexible working models are critical to retaining top talent. Lovich says that managers and teams should be empowered to decide how they work best, explaining that “what makes people the least unhappy is when we’re deciding together as a team.”

The Economic Times

Generative AI in Health Care: Seize the Advantage or Fall Behind

In a guest column for The Economic Times, BCG’s Rishabh Bindlish, Anirudh Tara, and Pooja Rajdev examine the potential for Generative AI (GenAI) to transform the health care industry. Many pharmaceutical giants are using GenAI to drastically reduce new drug and therapy development cycle time, enhance clinical decision-making and patient interaction, and improve regulatory compliance efficiency. “With democratized access to AI, new entrants will face fewer barriers, and existing competitors will become more efficient, but the gap between early adopters and laggards will widen,” note the authors.