The Wall Street Journal

Bringing Workers Back to the Office, Without Masks

BCG CEO Rich Lesser talks to The Wall Street Journal about the CDC’s new guidelines, which allow vaccinated Americans to, in many cases, forgo masks and social distancing. He says BCG leaders will hold more meetings to determine the pace at which the firm should bring employees back into offices. According to Lesser, the CDC’s guidelines could “prompt more companies to ask employees to disclose whether they have been vaccinated, and it could spur workers to get vaccinated if they believe doing so will help them work without a mask.”

Axios

Bullish Investors Disregard Seemingly Bad News for the Stock Market

Axios covers a recent BCG pulse check survey of investors that gauges their impressions of the current market and their expectations for the future. Despite warning signs, more than half of respondents are bullish on the performance of the S&P 500 over the next three years. However, the survey also reveals a 10% decline in investor optimism in the index’s performance in 2022, compared with 2020. BCG’s Hady Farag explains that “the shrinking bullish contingent reflects the fact that valuations have expanded rapidly and the economic rebound is more priced in.”

Business Insider

How a Bionic Workplace Can Build a Resilient Hybrid Model

“When we come back into the world of mixing virtual and physical interaction again, companies really need to think about how they make it the best of both of those experiences,” BCG's Rich Hutchinson tells Business Insider. He and other BCGers argue that a “superhuman enterprise” can be created by combining technology with human adaptability. They outline seven steps for businesses to realize this type of workplace.

Fortune

At These Companies, AI is Already Driving Revenue Growth

In their guest column for Fortune, BCG’s François Candelon and Georgie Stokol write that “as the post-pandemic recovery takes shape, companies will have to tap into the myriad ways in which AI can boost revenues if they are to get ahead of rivals.” According to a recent survey from BCG and MIT of over 2,500 executives, only 10% of companies are generating significant increases in revenue by using AI. Candelon and Stokol outline three guidelines for realizing AI’s full potential: experimenting to refine the algorithm’s performance, creating new revenue streams using AI’s capabilities, and pushing boundaries to optimize revenues.

Forbes

What COVID Taught Us About Wellness and Why Employers Should Do Even More

In her column for Forbes, BCG’s Deborah Lovich continues her mission to convince organizations to use the COVID-19 crisis to change the way we work. Citing BCG survey data, she argues that companies need to act urgently—particularly in response to the great number of women leaving the labor force due to struggles with working from home—by focusing on employee well-being and the necessity of childcare assistance. Lovich says, “it’s time for [companies] to recognize that they should have been doing this all along and look for ways to step it up even further.”

Fortune

How the US Can Quickly Prevent Half a Million COVID Deaths Around the World

In their piece for Fortune, BCG’s Rich Lesser and Marin Gjaja propose a plan for US leaders and vaccine manufacturers to redistribute excess vaccine supply, potentially saving half a million lives around the world. They urge the global COVAX initiative to use its legal and operational frameworks to act now and donate excess vaccine doses to countries in need. Lesser and Gjaja emphasize that the current challenge is to ensure COVID-19 vaccines “also become one of our greatest humanitarian and public health achievements.”

The Edge Singapore

Scaling Climate Finance and the Opportunity for Singapore's Financial Sector

For The Edge Singapore, BCG’s Dave Sivaprasad and Andrew Hardie write about Singapore’s potential to become a global leader in sustainable and climate financing. They discuss a report from BCG and GFMA which revealed a $5 trillion annual climate financing need over the next three decades to transition to a low-carbon economy, and they assert that Singapore “offers fertile ground for climate financing success.” Sivaprasad and Hardie identify ten key actions for banks and capital market firms to undertake as they drive toward a “climate-positive future.”

AP News

Shift to Electric Vehicles Accelerates

In an AP News article syndicated by nearly 150 other media outlets, BCG’s Aakash Arora and Nathan Niese discuss the findings of their BCG study on electric vehicle adoption. The transportation industry is a major producer of CO2 emissions, so EV adoption will be crucial for President Biden’s goal of cutting US emissions in half by 2030. But the transition isn’t occurring fast enough to meet that goal. The BCG data shows that while EV sales are projected to rise from 12% of the global market in 2020 to 47% in 2025, “if half of new cars sold around the world in 2035 are zero-emission vehicles, 70% of the vehicles on roads will still be burning gasoline or diesel.”

CGTN

The Future of Sustainable Investment in China

BCG’s Baiping Chen sits down with CGTN to share his insights on prospective sustainable investments in China as the country aims to be carbon neutral by 2060. Chen says “penetration of ESG related investment in China is still quite low” compared to the rest of the world, but that opportunities exist. He believes ESG investment is the future for Chinese companies that are looking to reduce pollution and achieve carbon neutrality.

BusinessWorld

Why “Great” is No Longer Good Enough

Companies that attend to total societal impact (TSI) “generate better returns, are more valuable, and have an easier time attracting capital,” BCG’s Arindam Bhattacharya writes in his article for BusinessWorld. He shares the findings of BCG’s research, which uncovered three TSI approaches that dozens of global companies have taken to enhance their social impact while delivering strong shareholder returns and growth: build innovative business models, retool processes and functions, and partner with local governments.

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