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BCG in the News

895 Results

    Live Mint

    G20 and Beyond: Why India Can Help Further Deepen Africa’s Integration with the Global Economy

    In a guest column for Live Mint, BCG’s Sumit Sarawgi and Patrick Dupoux explain how India can help deepen Africa’s diplomatic and economic integration within the global economy. Given its leading and hosting role for this year’s B20 Summit, India’s journey could be used as a valuable blueprint for driving inclusive growth and sustainable progress across Africa. “Embracing potential is not just Africa’s opportunity, but a collective global imperative to nurture a continent that holds the key to a brighter future for us all,” note the authors.

    Financial Times

    Improving Resilience by Understanding Failure

    In the Financial Times, BCG’s Martin Reeves emphasizes that businesses should take time to learn from both success and failure in an organizational crisis. While failure offers the chance to recalibrate and learn from mistakes, ego or embarrassment may prevent business leaders from adequately analyzing the specifics of what has gone wrong. To improve resilience, empirical evidence should be reviewed to determine how well a company responded to the initial crisis, and which organizational structures and capabilities proved a help or hindrance in the recovery, Reeves says.

    China Daily

    Generative AI Gains Ground in Banking

    In China Daily, BCG’s David He and Sally Sun explain that generative AI has the potential to improve operational efficiency within the banking industry. A BCG report asserts that before the technology is promoted for large-scale commercial use, safeguards must be put into place to ensure that data is used responsibly and remains secure. “It is important for banks to establish a responsible AI system and ensure the fairness, accountability, transparency, privacy, and security in the application of generative AI,” says Sun.

    New Straits Times & The Star

    Measurable DE&I Initiatives Necessary for Business Success

    In New Straits Times and The Star, BCG’s Nurlin Salleh emphasizes the importance of establishing measurable targets for DE&I initiatives. She explains that BCG built the BLISS (Bias-Free, Leadership, Inclusion, Safety, and Support) Index to influence its own best practices, measure the success of its initiatives, and ensure that its employees feel comfortable raising concerns at work. “When they can speak up, they are able to reach out and have allies so that they can get the support that they need,” she says.

    Fortune

    Optimizing the Retail Sector with Cloud Tech

    In Fortune, BCG’s Sebastian Bak emphasizes the benefits of cloud computing technology for retailers. In an industry that frequently faces unpredictable demand surges, cloud technology has an unmatched ability to forecast pricing and inventory models, accurately manage supply, and holistically improve the customer experience. “Today it is almost impossible to be a sophisticated pricing retailer without having cloud infrastructure in the background,” he says.

    Fortune

    How AI Can Transform Your Company’s Performance—and Measure It Better

    In a guest column for Fortune, BCG’s François Candelon, Michael Chu, Gaurav Jha, and Shervin Khodabandeh explain how AI can be used to create new key performance indicators (KPIs), prioritize the most relevant KPIs, and identify shared KPIs that improve organizational alignment. A joint survey by BCG and MIT Sloan Management Review found that 34% of surveyed organizations already use AI to create new KPIs, and 90% of those organizations said their KPIs have improved as a result. “AI seems likely to open up a new era of performance measurement—and new frontiers of business performance,” note the authors.

    ETEnergyWorld

    LNG: A Viable Solution for Long-Haul Transportation Decarbonization?

    In a guest column for ETEnergyWorld, BCG’s Kaustubh Verma and Soumyasree Chakraborty explain the benefits of utilizing liquefied natural gas (LNG) vehicles in the race to decarbonize India’s long-haul trucking industry. Currently, a lack of infrastructure, supply chain issues, and volatile pricing are turning stakeholders away from the technology. “It is time for some pioneering companies to step forward and break this cycle,” note the authors.

    CNN International

    Economic Signals Point Toward Soft Landing in US

    On CNN International’s “Quest Means Business,” BCG’s Global Chair Rich Lesser explains that recent signals, such as falling inflation and resilience in emerging markets, suggest the potential for an economic soft landing in the US. Despite lingering uncertainties, Lesser advises companies to continue investing in AI and sustainability efforts to build competitive advantage. “It’s hard not to feel like we have made enormous progress from what people were predicting a year ago when there were so many negative headlines,” he says.

    Forbes

    Personal Conflicts at Work: Catalyst or Catastrophe?

    In her column for Forbes, BCG’s Deborah Lovich explains how conflict in professional relationships can lead to deeper understanding and trust between coworkers. She outlines four distinct ways employees often react to disagreements in the workplace, and how to turn conflict into an opportunity for growth. “Keep reminding yourself that conflict is not the enemy—you can embrace and manage it to shape a positive outcome,” Lovich writes.

    The Economic Times

    Does Buying Sustainable Brands Make Eco-nomical Sense to Indians?

    In a guest column for The Economic Times, BCG’s Mani Singhal and Anulipi Ghosh explain how companies can encourage Indian consumers to make more sustainable purchases. A BCG report of roughly 20,000 global consumers found that Indian consumers have a higher-than-average level of concern about the environment, but are the least likely to pay a premium for sustainable options. “Brands need to step up their game to justify value to consumers on why they should be willing to pay a premium for sustainability,” note the authors.

    CFO.com

    Operational Efficiency: CFOs Face a Dilemma and an Opportunity

    In a guest column for CFO.com, BCG’s Gideon Walter and Mai-Britt Poulsen explain that CFOs should view periods of economic uncertainty as an opportunity to think tactically about the capabilities their companies will need to be successful in the years to come. According to BCG research, firms that master this approach achieve growth and total shareholder return (TSR) four times higher than their peers. “Cost reductions should not be made defensively but as an offensive play to reimagine an organization,” note the authors.

    Bloomberg

    Climate Change Threatens European Travel Industry

    Commenting on Bloomberg.com, BCG’s Catharina Martinez-Pardo explains that much of the global travel and tourism industry has yet to realize the full scope of adverse effects that climate change will bring to the sector. As temperatures rise around the world, it is predicted that the climates of many southern European countries will change dramatically as soon as 2050, which could have a major impact on travel patterns. Such a shift would be a significant blow for countries that rely heavily on tourism for economic growth.

    MODAES

    Néstor Hap (BCG): “Lo más eficiente para el lujo es centrarse en los que más gastan”

    Centrarse en los más ricos para ganar eficacia. Esa es la receta que propone Néstor Hap, Partner y Associate Director de moda y lujo en Boston Consulting Group. La consultora acaba de publicar su último informe sobre el sector de la mano de Altagamma, en el que apunta a un crecimiento de las ventas que podría alcanzar, en el escenario más optimista, el 13% en 2023. Hap defiende que al sector aún le queda camino por recorrer en digitalización, especialmente en la experiencia online, y que debe aprovechar nuevos mercados en crecimiento como Oriente Próximo.

    The New York Times & CNBC

    Improving Disability Inclusion and Accessibility in the Workplace

    The New York Times and CNBC spotlight a BCG report which reveals that companies drastically underestimate how many of their employees have a disability. BCG’s survey of nearly 28,000 workers in 16 countries found that around 25% of respondents said they had a disability or health condition, but many were reluctant to disclose this to their employers or seek accommodations due to fear of stigma or a negative impact on their careers. However, when employee requests for reasonable accommodations are approved, their feelings of inclusion at work improve significantly.