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BCG in the News

903 Results

    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.

    Live Mint

    Dispel Myths Around Innovation to Create a Culture That Fosters It

    In a coauthored guest column for Live Mint, BCG’s Abheek Singhi dispels several myths around the culture of innovation, noting that it is not limited to startups or laboratories. A BCG report of more than 700 C-suite executives found that nearly 60% considered innovation a top-three priority. But the authors say that talent is key to achieving this goal: “The true essence of innovation lies in its holistic approach, talent and culture, continuous improvements, customer interaction, and effective execution.”

    Business Standard

    Growth of Global Capability Centers in India

    In an interview with Business Standard, BCG’s Snehil Gambhir explains that India’s global capability centers (GCC) market is positioned for significant growth due to its concentrated talent pool and “vibrant ecosystem” of diverse GCC models. A BCG study found that India’s GCC employee base is predicted to increase from two million today to five million by 2030. “We see robust growth for GCCs in India,” says Gambhir.

    The Economic Times

    High Growth Potential for Artificial Intelligence in India

    In The Economic Times, BCG’s Sumit Sarawgi discusses the high growth potential for India’s artificial intelligence (AI) sector. A joint study from BCG and the Indian Institute of Management Ahmedabad (IIMA) found that the successful adoption of AI could add up to 1.4 percentage points to the real GDP growth of India. Sarawgi stresses the importance of people, processes, and business transformation to the success of India’s AI industry.

    Forbes

    AI Can Help Retailers Offset Rising Costs

    In Forbes, BCG’s Tiffany Yeh explains how large retailers can utilize AI to overcome challenges stemming from rising costs and supply chain issues. A joint study from BCG and the World Retail Congress found that 55% of retail leaders surveyed are increasing prices to offset the rising cost of goods. Instead, Yeh urges retailers to use AI algorithms to help forecast demand, anticipate inventory flow, capture customer data, and ultimately offset costs.

    South China Morning Post

    Southeast Asia Must Embrace Social Responsibility Now

    In a guest column for the South China Morning Post, BCG’s Vincent Chin urges Southeast Asian companies to establish environmental, social, and governance (ESG) strategies before new European Union pollution-and-supply-chain-related legislation disrupts the way business is conducted in Asia. A BCG report found that customers, investors, capital markets, and employees reward companies that materially improve the world. “Taking the right action will deliver true return on investment for companies, generate value across operations, and drive positive impact for all,” says Chin.

    Gulf Business

    How Energy Companies Can Prepare for the Low-Carbon Era

    In an opinion piece for Gulf Business, BCG’s Björn Ewers and Jean-Christophe Bernardini explore how oil and gas companies are racing to utilize low-carbon solutions (LCS) as they strive to meet their net-zero emissions goals. To remain competitive, CEOs should prioritize enhancing the organizational capabilities of their LCS businesses to remain competitive. “Oil and gas companies must act quickly to ensure that their LCS teams have the necessary skill sets,” note the authors.