Welcome!

News Feed Item

BCG Marks 50th Anniversary With Program to Explore 'Game Changing' Ways to Transform Business and Society

The Boston Consulting Group Identifies Five Key Issues for Transforming the Fortunes of Business and Society in an Age of Accelerating Change, Growing Complexity, and Heightened Competition

BOSTON, MA -- (Marketwire) -- 01/31/13 -- The Boston Consulting Group (BCG), one of the world's leading management consulting firms, announced today that it will launch a year-long program focused on the theme of "Game Changing" to help mark the company's fiftieth anniversary in 2013.

The Game Changing program will tackle the most fundamental dynamics facing leaders in an age of unprecedented turbulence, and it will develop and promote action-oriented breakthrough ideas for transforming the fortunes of business and society. The program will explore paths to success through content partnerships with other top-tier organizations, BCG publications, and an online and offline forum series that will foster debate between business leaders, policymakers, the media, and the public.

"The global economy is undergoing the most radical transformation since the Industrial Revolution," said Rich Lesser, who became BCG's president and chief executive officer on January 1. "The rapid rise of the emerging markets, extraordinary technological advances, hyperconnectivity, dramatic demographic change, fiscally constrained public sectors -- all of these are forcing companies to rethink and revamp the way they do business. To capitalize on the opportunities created by accelerating change, leaders need to be proactive and challenge the status quo. In short, they need to change the game." (For more on Lesser's appointment, click here.)

As part of the Game Changing program, BCG has identified five key issues or "dimensions" for successfully managing in an age of accelerating change:

  • The New Growth-Value Equation. Growth wasn't effortless before the financial crisis, but few executives would disagree that it's become much more difficult since then, particularly in developed markets. Now leaders need to refocus on the core strategies for creating profitable growth in order to create long-term value: entering new markets or expanding into existing ones and investing in innovative products and services, processes, and business models.
  • The Fit-to-Compete Factor. In an increasingly complex and competitive world, companies and countries need to be not just fit for purpose but fit to compete. They must develop "smart rules" for managing complexity and gaining competitive advantage -- becoming leaner and more operationally efficient, simpler and more organizationally effective, and better able to attract the best talent.
  • The Adaptive Mindset. Companies must continuously reshape their organizations in order to not only respond to rapid change but also leap ahead of competitors. Likewise, public sectors have to develop agile ways of reforming their institutions in order to enhance essential services, such as health and education, and meet the changing needs of their people.
  • The Two Halves of Connectivity. To succeed, companies and countries need to harness the tools of hyperconnectivity: not just digital technology but also bridges, roads, railroads, and airports -- particularly in the fast-developing economies ("the forgotten half of connectivity"). By doing so, they can realize the true potential of ever more connected consumers, markets, and society.
  • The Perpetuity Principle. Leaders must display the skills of stewardship, developing sustainable and trusted businesses with a vision of their companies' long-term legacy -- to meet the growing expectations of society, ensure value creation, and improve well-being for the future.

Publications, Partnerships, and Special Events

To explore the Game Changing theme and each of the five dimensions, BCG will release a steady stream of new research and commentary throughout 2013. The first publications of the series -- The Most Innovative Companies 2012, Ending the Era of Ponzi Finance, and Allies and Adversaries: 2013 BCG Global Challengers -- have just been released. So, too, has a new eBook, Shaping the Future in a Time of Accelerating Change, which highlights some of the key issues facing business and society today.

BCG is also partnering with a number of highly influential organizations. Last week, BCG's latest work with the World Economic Forum was presented at the WEF's annual summit in Davos, Switzerland. In addition, BCG is establishing partnerships to cohost events that will bring together top business leaders and thinkers, to create exclusive reports and forums, and to curate a traveling photography exhibition with a world-renowned photo agency.

For information on the Game Changing program, please go to bcgperspectives.com, follow @BCGPerspectives on Twitter, or like BCG Perspectives on Facebook.

To speak with a BCG expert, or for more information, please contact Eric Gregoire at +1 617 850 3783 or [email protected].

About The Boston Consulting Group
The Boston Consulting Group (BCG) is a global management consulting firm and the world's leading advisor on business strategy. We partner with clients from the private, public, and not-for-profit sectors in all regions to identify their highest-value opportunities, address their most critical challenges, and transform their enterprises. Our customized approach combines deep insight into the dynamics of companies and markets with close collaboration at all levels of the client organization. This ensures that our clients achieve sustainable competitive advantage, build more capable organizations, and secure lasting results. Founded in 1963, BCG is a private company with 78 offices in 43 countries.

About bcgperspectives.com
Bcgperspectives.com features the latest thinking from BCG experts as well as from CEOs, academics, and other leaders. It covers issues at the top of senior management's agenda. It also provides unprecedented access to BCG's extensive archive of thought leadership stretching back almost 50 years to the days of Bruce Henderson, the firm's founder and one of the architects of modern management consulting. All of our content -- including videos, podcasts, commentaries, and reports -- can be accessed via PC, mobile, iPad, Facebook, Twitter, and LinkedIn.

The Boston Consulting Group
Eric Gregoire
Global Media Relations Manager
Tel +1 617 850 3783
Fax +1 617 850 3701
[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devic...
Mobile device usage has increased exponentially during the past several years, as consumers rely on handhelds for everything from news and weather to banking and purchases. What can we expect in the next few years? The way in which we interact with our devices will fundamentally change, as businesses leverage Artificial Intelligence. We already see this taking shape as businesses leverage AI for cost savings and customer responsiveness. This trend will continue, as AI is used for more sophistica...
SYS-CON Events announced today that SourceForge has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. SourceForge is the largest, most trusted destination for Open Source Software development, collaboration, discovery and download on the web serving over 32 million viewers, 150 million downloads and over 460,000 active development projects each and every month.
SYS-CON Events announced today that DXWorldExpo has been named “Global Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Digital Transformation is the key issue driving the global enterprise IT business. Digital Transformation is most prominent among Global 2000 enterprises and government institutions.
One of the biggest challenges with adopting a DevOps mentality is: new applications are easily adapted to cloud-native, microservice-based, or containerized architectures - they can be built for them - but old applications need complex refactoring. On the other hand, these new technologies can require relearning or adapting new, oftentimes more complex, methodologies and tools to be ready for production. In his general session at @DevOpsSummit at 20th Cloud Expo, Chris Brown, Solutions Marketi...
In the world of DevOps there are ‘known good practices’ – aka ‘patterns’ – and ‘known bad practices’ – aka ‘anti-patterns.' Many of these patterns and anti-patterns have been developed from real world experience, especially by the early adopters of DevOps theory; but many are more feasible in theory than in practice, especially for more recent entrants to the DevOps scene. In this power panel at @DevOpsSummit at 18th Cloud Expo, moderated by DevOps Conference Chair Andi Mann, panelists discussed...
Cloud-based disaster recovery is critical to any production environment and is a high priority for many enterprise organizations today. Nearly 40% of organizations have had to execute their BCDR plan due to a service disruption in the past two years. Zerto on IBM Cloud offer VMware and Microsoft customers simple, automated recovery of on-premise VMware and Microsoft workloads to IBM Cloud data centers.
Elon Musk is among the notable industry figures who worries about the power of AI to destroy rather than help society. Mark Zuckerberg, on the other hand, embraces all that is going on. AI is most powerful when deployed across the vast networks being built for Internets of Things in the manufacturing, transportation and logistics, retail, healthcare, government and other sectors. Is AI transforming IoT for the good or the bad? Do we need to worry about its potential destructive power? Or will we...
Many organizations adopt DevOps to reduce cycle times and deliver software faster; some take on DevOps to drive higher quality and better end-user experience; others look to DevOps for a clearer line-of-sight to customers to drive better business impacts. In truth, these three foundations go together. In this power panel at @DevOpsSummit 21st Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, industry experts will discuss how leading organizations build application success from all...
SYS-CON Events announced today that SIGMA Corporation will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. uLaser flow inspection device from the Japanese top share to Global Standard! Then, make the best use of data to flip to next page. For more information, visit http://www.sigma-k.co.jp/en/.
SYS-CON Events announced today that Daiya Industry will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Daiya Industry specializes in orthotic support systems and assistive devices with pneumatic artificial muscles in order to contribute to an extended healthy life expectancy. For more information, please visit https://www.daiyak...
The last two years has seen discussions about cloud computing evolve from the public / private / hybrid split to the reality that most enterprises will be creating a complex, multi-cloud strategy. Companies are wary of committing all of their resources to a single cloud, and instead are choosing to spread the risk – and the benefits – of cloud computing across multiple providers and internal infrastructures, as they follow their business needs. Will this approach be successful? How large is the ...
Your clients expect transactions to never fail, cloud access to be fast and always on, and their data to be protected - no exceptions. Hear about how Secure Service Container (SSC), an IBM-exclusive open technology, enables secure building and hosting of next-generation applications, both cloud and on-premises. SSC protects the full stack from external and insider threats, allows automatic encryption of data in-flight and at-rest, and is tamper-resistant during installation and runtime – with no...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
SYS-CON Events announced today that B2Cloud will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. B2Cloud specializes in IoT devices for preventive and predictive maintenance in any kind of equipment retrieving data like Energy consumption, working time, temperature, humidity, pressure, etc.