BCG TURN Named a Market Leader for its Results-Driven Approach to Turnarounds and Restructuring in Leading Analyst Report

In a Study of 26 Market Leaders Across Four Segments, ALM Judges Boston Consulting Group a Leader in Financial Crisis Management in the Category “Management Consulting”

BOSTON—ALM Intelligence, which acquired the legacy Kennedy consulting research unit in 2015, and is a renowned industry analysis firm with a strong buy-side and sell-side audience, has published a report listing the market leaders in financial crisis management. ALM analyzed and profiled 18 market leaders across four market segments for ALM Intelligence Pacesetter Research: Financial Crisis Management 2020. BCG TURN, a special transformation, turnaround and restructuring unit within Boston Consulting Group (BCG), was named a market leader.

According to the report, “ALM Intelligence combines qualitative and quantitative research methods to identify the top professional services firms which are moving the ‘services’ needle to solve clients’ challenges and support their business needs. ALM Pacesetters are identified and evaluated using five core criteria: business model, value proposition, service delivery, client enablement, and brand eminence.”

Firms from five professional services segments: consulting, multiservice providers, law, financial advisory, and strategic communications were judged on how they became market leaders in financial crisis management, and how they rose among market leaders to redefine their roles in this space.

The report cited BCG for its proactive management of the financial crisis for its clients, saying, “With an eye to free cash flow as a driving metric, BCG deals primarily with the board and C-Suite to create stability, execute short term remediation actions (whose success will fund further transformation later), and establish a road to comprehensive change services span liquidity management, cash flow improvement, financial restructuring and refinancing, insolvency solutions, and urgent cost reduction, and often include services from adjacent practice areas such as Corporate Development, or BCG’s Transaction Center.”

The report went on to stress the above-mentioned strength, saying, “The primary thrust for BCG in addressing crises is financial, but the firm understands real financial transformation requires parallel operational change, and so BCG engages the client organization at all levels to get input and buy-in and includes services such as stakeholder management.”

ALM also praised BCG for working with clients at all levels and for its emphasis on the digital component of restructuring, saying, “The digital component to restructuring projects (which extend to the client organization’s supply chain and customer interfaces as well) derives from BCG’s digital transformations unit, which is supported by several centers of excellence as well as Lighthouse, BCG’s high frequency data and analytics platform used for trend analysis.”

More information about BCG TURN can be found here.

The ALM report can be found here.

To arrange an interview with one of the authors, please contact Eric Gregoire at +1 617 850 3783 or gregoire.eric@bcg.com.

About BCG TURN

BCG TURN is a special unit of BCG that helps CEOs and business leaders deliver rapid, visible, and sustainable step-change improvement in business performance while strengthening their organizations and positioning them to win in the years ahead. BCG TURN helps organizations change their trajectories by turning their upside potential into radical performance gains. The BCG TURN team consists of transformation practitioners and battle-tested experts with a proven track record in large-scale transformation. BCG TURN is invested in the sustainable success of clients, with a focus on performance acceleration and a commitment to value delivered.

About ALM Intelligence

ALM Intelligence provides proprietary data, analysis, tools, and knowledge that empower our clients to succeed. The product suite and vast data repository arm professionals with the critical business information required to make the most impactful and informed decisions possible. The exhaustive data repository and product functionality enable professionals to combat competitive challenges head-on with the confidence to remain ahead of the field. The depth of ALM Intelligence’s expertise across the benefits, insurance, consulting, and legal industries provide a broad spectrum of actionable intelligence to facilitate and execute strategy. Visit http://www.alm.com/intelligence for more information.

About ALM Media, LLC

ALM, an information and intelligence company, provides customers with critical news, data, analysis, marketing solutions, and events to successfully manage the business of law. ALM serves a community of over 6 million business professionals seeking to discover, connect, and compete in highly complex industries. Please visit http://www.alm.com for more information, and visit http://www.alm.com/events/ to learn about our upcoming events. Please follow us on Twitter at @ALMMedia.

ボストン コンサルティング グループ(BCG)

BCGは、ビジネスや社会のリーダーとともに戦略課題の解決や成長機会の実現に取り組んでいます。BCGは1963年に戦略コンサルティングのパイオニアとして創設されました。今日私たちは、クライアントとの緊密な協働を通じてすべてのステークホルダーに利益をもたらすことをめざす変革アプローチにより、組織力の向上、持続的な競争優位性構築、社会への貢献を後押ししています。

BCGのグローバルで多様性に富むチームは、産業や経営トピックに関する深い専門知識と、現状を問い直し企業変革を促進するためのさまざまな洞察を基にクライアントを支援しています。最先端のマネジメントコンサルティング、テクノロジーとデザイン、デジタルベンチャーなどの機能によりソリューションを提供します。経営トップから現場に至るまで、BCGならではの協働を通じ、組織に大きなインパクトを生み出すとともにより良き社会をつくるお手伝いをしています。

日本では、1966年に世界第2の拠点として東京に、2003年に名古屋、2020年には大阪、京都にオフィスを設立しました。

Press Releases