BCG in the News

961 Results

    Bloomberg

    GenAI’s Long Runway

    On Bloomberg’s Tech Disruptors podcast, BCG’s Global Chair Rich Lesser predicts that as business leaders regain confidence in the economy and the GenAI revolution accelerates, there will be a big push for innovation in the coming years. Lesser encourages leaders to utilize AI to rethink function operations, bring new capabilities to customers, and build competitive advantage. “I have been doing this for 35 years, and I have never seen a technology have such a fundamental change in the dialogue with clients in such a short space of time,” Lesser says.

    Planta Doce

    Cómo la IA y la tecnología pueden elevar la calidad de la atención médica

    La Inteligencia Artificial aplicada a Sanidad crecerá un 85% hasta 2027. Pero para desarrollar todo el potencial de la IA en el sector es fundamental, en palabras de María López, Managing Director & Partner, líder del área de Health Care en Iberia y Sudamérica en Boston Consulting Group "que los responsables de hospitales y las organizaciones médicas comprendan que la generación de valor con la IA va más allá de los algoritmos y la infraestructura tecnológica. De hecho el 70% de ese valor reside en la transformación de los procesos internos y en la capacitación del personal que debe liderar la adaptación de la organización".

    Forbes

    Reimagining Childcare for Frontline and Hourly Workers

    Writing in Forbes, BCG’s Deborah Lovich explains that when rigid work schedules collide with sick children or ill caregivers, “deskless” workers—those who cannot work remotely—are often left to choose between jobs and family. But, when companies start to think creatively about care offerings, employees feel more supported, unplanned absences decrease, and business outcomes improve. “There are so many ways we can improve work for all employees and create value for the organization, the worker, and their families,” Lovich says.

    Fortune

    Spiking Long-Term Interest Rates: Bad Omen or Sign of Strength for US Economy?

    Writing in Fortune, BCG’s Philipp Carlsson-Szlezak and Paul Swartz explain that rising long-term interest rates are not necessarily a sign of imminent recession and may instead be a sign of economic strength for the US economy. Despite signs that the financial system is vulnerable to shifts in the interest rate environment, monetary policy works via channels of financial stress and business failure. “Real and present microeconomic stress and pain should not obscure the fact that high long rates are a result—and a sign—of macroeconomic strength,” note the authors

    Reuters

    Carbon Removal Aims to Shed Its “Wild West” Reputation

    In Reuters, BCG’s Global Chair Rich Lesser explains that carbon removal techniques such as direct air capture must be a part of net-zero strategies to ultimately achieve reasonable temperature ranges. Despite some doubt about the efficacy of carbon removal, an increasing number of companies are purchasing carbon removal credits to help reach their carbon emissions goals. “If we don’t think removals are important, then I don’t think we’re looking at the science,” Lesser says.

    The Wall Street Journal

    Bringing the Office to Remote Workers

    In The Wall Street Journal, BCG’s Brian Gross and Caroline Giese explain how opening satellite offices to accommodate employees who relocated during the pandemic can help companies attract and retain talented workers. A BCG survey underscored the importance of flexible work options, revealing that employees who are dissatisfied with their work flexibility are more than twice as likely to consider leaving their organization in the next year. Although employees in satellite offices often don’t work on the same teams, staff members are exposed to company culture and have opportunities to collaborate, Gross says.

    Live Mint

    India’s National Capital Region Is Witnessing a World-Class Mobility Transformation

    Writing in Live Mint, BCG’s Yashi Tandon, Nitima Malhotra, and Rajat Modwel explain how the growing population of India’s National Capital Region (NCR) puts a strain on infrastructure and worsens environmental problems. The NCR is the largest single contributor to India’s GDP. As it expands economically, a comprehensive mobility plan is needed to ensure sustainable development. “Growth centers like the NCR must expand their focus beyond intra-city transport systems and encompass neighboring cities with which they have a symbiotic relationship,” note the authors.

    Fortune

    Why Collaboration with Generative AI Is So Tricky—And How to Make It Work

    Writing in Fortune, BCG’s François Candelon, Lisa Krayer, Saran Rajendran, and David Zuluaga Martínez explain that as GenAI rapidly evolves month to month, executives should focus on formulating lasting principles to guide their employees’ use of the technology, rather than perfecting near-term use cases. Given GenAI’s ever-shifting capabilities, companies must continuously experiment to determine how the technology can be best used to build competitive advantage, note the authors.

    Bloomberg

    Europe’s Battle Against Carbon Goes Global

    In Bloomberg, BCG’s Tim Figures explains that the EU’s Carbon Border Adjustment Mechanism (CBAM) will have strategic and financial implications for businesses around the world—even those who are not impacted right away. CBAM, which requires importers from six carbon-intensive industries to start reporting on their emissions, marks the first step in the EU’s accelerated push to become the first climate-neutral continent. Even during the transitional phase before any taxes are put in place, CBAM will force producers in exporting countries to put a bigger focus on their carbon footprint, says Figures.

    The Business Times

    Healthier SG: From Enrollment to Execution

    Writing in The Business Times, BCG’s Prasanna Santhanam and Alan Ong explain how Singapore can realize the full potential of its new “Healthier SG” program, which aims to shift the health care system’s focus from treatment to prevention. To deliver the best value to patients, Santhanam and Ong assert that public health care clusters must holistically transform their clinical and operational processes and implement adjustments to back-end functions like technology and finance. “The potential benefits of Healthier SG are significant, in terms of both more sustainable health care spending and better health outcomes,” note the authors.

    Fortune & Australian Financial Review

    There’s a Time and Place for Generative AI

    Fortune and the Australian Financial Review highlight a recent study from BCG, Harvard Business School, MIT Sloan School of Management, the Wharton School at the University of Pennsylvania, and the University of Warwick. The study determined that around 90% of BCG consultants improved their performance when using OpenAI’s GPT-4 for creative ideation. However, performance faltered when it was used for problem solving, with participants performing 23% worse than those who did not use the tool. BCG’s North America Chair, Sharon Marcil, tells Fortune that companies “need to embrace GenAI now to develop the muscle,” but cautions that leaders must be responsible for ensuring the technology is used in the right way and for the right tasks.