45:
1720:
36:
316:
323:
In the 1970s, BCG created and popularized the "growth–share matrix," a chart to help large corporations decide how to allocate cash among their business units. The corporation would categorize its business units as "Stars," "Cash Cows," "Question Marks," or "Dogs," and then allocate cash accordingly,
288:
In 2022, Boston
Consulting Group released its "2022 Annual Sustainability Report" highlighting numerous initiatives focused on societal and planetary impact. Since 2015, the progress in numbers is 30% less greenhouse gas emissions, 20% less water usage, 15% less waste generation, and 10% less energy
251:
to establish the consulting arm operating as a subsidiary under the name
Management and Consulting Division of the Boston Safe Deposit and Trust Company. Initially the division only advised clients of the bank, with billings for the first month at just US$ 500. Henderson hired his second consultant,
546:
as the latter allegedly denied payment of fee worth $ 30 million for a project. GameStop argued that it saw it is in the best interest of its stakeholders to deny payment as BCG brought little improvement to the EBITDA of the company, which the consultancy allegedly promised to improve. BCG counter
259:
and offered him a role at the firm. Bain agreed and joined in 1967 at a starting salary of $ 17,000 per year. In the early 1970s, Bain was considered internally to be
Henderson's eventual successor. However, in 1973 Bain resigned from BCG to start his own strategy consulting firm,
547:
argued that the company has delivered more than it promised in statement of proposal and that the quoted variable fee was based on the "projected," not realized, improvement in EBITDA, as per the contract. On July 30, 2024 the suit was concluded in a joint dismissal.
337:
In
December 2022, BCG consolidated many of its alternative business units under a single entity, branded as BCG X. This included several business units focused on providing digital and technology-related consulting services for clients:
518:. Specifically, the potential conflict of interest where a former BCG employee and then hospital executive approved numerous expenses without proper receipts and the high cost paid for external consultants including BCG. In the
437:, who exploited Angola's natural resources while the country suffers from poverty, illiteracy, and infant mortality. According to the article, BCG was contracted by the Angolan state-owned petroleum company
501:
In 2024, BCG consulting heads were summoned to appear before congress to disclose financial details between them and Saudi Arabia and warned staff that they could face jail time if they reveal information.
274:
In the 1980s, BCG introduced the concept of time-based competition that reconsidered the role of time management in providing market advantages. The concept was the subject of an essay in the
475:. While a BCG spokesperson said the firm turns down projects involving military and intelligence strategy, BCG is involved in designing the economic blueprint for the country, a plan called
1789:
1435:"SO ORDERED, D.I. 238 Stipulation of Dismissal filed by The Boston Consulting Group, Inc. (CASE CLOSED) Signed by Judge Christopher J. Burke on 7/30/2024. (smg) (Entered: 07/31/2024)"
414:
organizations. This group works with governments, nonprofit organizations, and other public sector entities to help them achieve their goals and deliver better outcomes for citizens.
445:, owned by her husband through shell companies in Luxembourg, Malta and the Netherlands; the firm was reportedly paid through offshore companies in tax havens such as Malta.
1774:
1112:
OpenSC evolved from a WWF-led project that used blockchain to track tuna caught in the
Pacific Ocean. BCG Digital Ventures was brought in to help build the platform.
706:
534:
model as recommended by BCG had not been properly investigated and have resulted in an exponential growth in administration and lack of responsibility for patients.
1764:
1155:
1082:
Funded by BCG Digital
Ventures, an investment and incubation arm of Boston Consulting Group, OpenSC is designed as a self-sustaining "profit-for-purpose" venture.
398:, the founder of BCG. The institute's primary focus is on conducting research into strategic and managerial issues that impact businesses and the global economy.
848:
271:
plan so that the employees could make the company independent from The Boston Safe
Deposit and Trust Company. The buyout of all shares was completed in 1979.
1420:
1759:
978:
680:
1754:
1749:
1125:
345:
specializes in data science projects, including advanced analytics, machine learning and AI, alongside BCG's traditional consulting services.
324:
moving money from "Cash Cows" toward "Stars" and "Question Marks," which have higher market growth rates and hence greater upside potential.
1434:
1022:
733:
297:
BCG typically hires for an associate or a consultant position, recruiting from top undergraduate colleges, advanced degree programs and
1769:
1281:
817:
556:
952:
888:
353:
partners with companies to invent, launch, and scale new products and services. Ware2Go (a logistics platform developed with
1629:
1466:
224:
938:
1696:
874:
654:
1779:
1531:
1404:
1142:
It is being developed by De Beers, with support from BCG Digital
Ventures, and is expected to launch later this year.
1744:
760:
615:
1582:
1315:
511:
1541:
1198:
1095:
491:
465:
1701:
1244:
789:
912:
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366:
1657:
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410:
organization within BCG that is focused on improving the impact and effectiveness of government and
1536:
1516:
1506:
1459:
519:
268:
1341:
531:
310:
275:
150:
1511:
530:), the authors and Dagens Nyheter journalists Anna Gustavsson and Lisa Röstlund argue that the
256:
61:
510:
Boston
Consulting Group has received criticism for its involvement in the construction of the
1637:
1491:
457:
354:
228:
220:
216:
71:
1226:
1602:
1036:
252:
Arthur P. Contas, in
December 1963. In 1966, BCG opened its second office in Tokyo, Japan.
20:
1156:"UPS launches Ware2Go, a platform aimed at helping small- and mid-sized businesses expand"
162:
8:
1723:
1572:
1567:
1452:
1372:
1000:
483:
468:
461:
44:
1023:"BCG Creates BCG X as New Hybrid of Consulting and Tech Build & Design Capabilities"
227:" (or MBB, the world's three largest management consulting firms by revenue) along with
1597:
1562:
1496:
849:"William Bain Jr. Founded Consulting and Private-Equity Firms, and Groomed Mitt Romney"
825:
738:
429:
456:
also reported that Boston Consulting Group is one of the consulting firms, along with
1647:
1612:
1521:
1400:
1289:
1280:
Forsythe, Michael; Mazzetti, Mark; Hubbard, Ben; Bogdanich, Walt (November 4, 2018).
1252:
884:
476:
434:
261:
232:
939:"Boston Consulting Group Elects Christoph Schweizer as Next Chief Executive Officer"
1670:
482:
In June 2021, BCG was hired to examine the feasibility for the country to host the
248:
243:
The firm was founded in 1963 as part of The Boston Safe Deposit and Trust Company.
50:
1367:
1243:
Forsythe, Michael; Gurney, Kyra; Alecci, Scilla; Hallman, Ben (January 19, 2020).
498:
was set to become the first Middle Eastern nation to host the tournament in 2022.
433:
on January 19, 2020, identified the Boston Consulting Group as having worked with
1592:
880:
629:
395:
298:
244:
99:
1172:
Ware2Go will be based in Atlanta and is partially owned by BCG Digital Ventures.
1607:
1577:
1282:"Consulting Firms Keep Lucrative Saudi Alliance, Shaping Crown Prince's Vision"
567:
515:
438:
407:
1421:"GameStop refused to pay $ 30 million bill from consulting firm, lawsuit says"
1738:
1293:
1256:
411:
113:
394:
The Henderson Institute is Boston Consulting Group's think tank named after
235:. Since 2021, BCG has been led by the German executive Christoph Schweizer.
1245:"How U.S. Firms Helped Africa's Richest Woman Exploit Her Country's Wealth"
472:
442:
1212:
1546:
386:
BCG Brighthouse is a consultancy focused on business purpose consulting.
377:
specializes in technology and digital transformation consulting services.
282:
156:
761:"Tokyo 2020 welcomes Boston Consulting Group K.K. as Official Supporter"
1587:
1475:
616:"BCG continues sustained growth as the firm marks its 60th anniversary"
358:
1184:
587:
528:
The Consultants - The Struggle for the Karolinska University Hospital
35:
979:"Interview Insider: How to Get Hired at the Boston Consulting Group"
315:
281:
In May 2021, the firm elected Christoph Schweizer as CEO, replacing
1665:
543:
362:
707:"In about-face, McKinsey, BCG to appear before consulting inquiry"
1342:"McKinsey and BCG warn staff face jail if they reveal Saudi work"
734:"Bruce Henderson, 77, Consultant And Writer on Business Strategy"
1279:
1096:"From bait to plate: Blockchain platform tracks food's journey"
953:"BCG's 2022 Sustainability Report: Growth, impact & action"
109:
1501:
1444:
1066:"The WWF backs blockchain to unpick messy food supply chains"
681:"Barclays Hiring BCG for Strategy Review as Share Price Lags"
495:
1790:
Information technology consulting firms of the United States
285:
who would step down and serve as the firm's Global Chair.
1675:
1242:
494:(AFC) nations from hosting the World Cup until 2034, after
487:
1680:
1395:
Gustafsson, Anna; Röstlund, Lisa (2019). "1. Kapningen".
1126:"Signet joins De Beers' Tracr blockchain platform pilot"
1050:
365:) and OpenSC (a supply chain tracker developed with the
550:
195:
630:"BCG History – The History of Boston Consulting Group"
655:"Meet BCG's new CEO: the German Christoph Schweizer"
1340:Foley, Stephen; Cornish, Chloe (February 6, 2024).
1394:
490:'s policy of continental rotation blocked all the
1775:Management consulting firms of the United States
1736:
1765:Privately held companies based in Massachusetts
913:"Time-The Next Source of Competitive Advantage"
1199:"Business and Organizational Purpose Overview"
971:
486:. The bid was assessed to be a great deal, as
327:
1460:
1339:
993:
876:International Directory of Company Histories
725:
1316:"Saudi Arabia Mulls Bid for 2030 World Cup"
600:Offices in 100+ cities in over 50 countries
401:
361:-based supply chain tracker developed with
1467:
1453:
389:
304:
219:firm founded in 1963 and headquartered in
43:
34:
1760:International management consulting firms
910:
812:
810:
788:Gallese, Liz Roman (September 24, 1989).
783:
781:
610:
608:
1365:
1093:
1037:"BCG GAMMA: Making AI Real for Business"
512:New Karolinska Solna University Hospital
314:
1397:Konsulterna : Kampen om Karolinska
1368:"Skandalerna som kantat Nya Karolinska"
1366:Knoxborn, Ellinor (September 4, 2018).
1153:
1063:
846:
787:
557:Category:Boston Consulting Group people
1737:
1238:
1236:
1123:
847:Hagerty, James R. (January 17, 2018).
807:
778:
605:
264:, hiring away six of BCG's employees.
1448:
1313:
1275:
1273:
981:. cosmopolitan.com. November 20, 2014
731:
542:In 2022, BCG filed a lawsuit against
1755:1963 establishments in Massachusetts
1750:Consulting firms established in 1963
1094:Redmayne, James (January 23, 2019).
872:
866:
551:Notable current and former employees
1697:List of management consulting firms
1399:(in Swedish). Mondial. p. 20.
1233:
1154:Brennan, Morgan (August 28, 2018).
840:
13:
1270:
1064:Chhabra, Esha (January 31, 2019).
824:. January 28, 2008. Archived from
818:"Wine Festival 2008: McNulty/Bain"
732:Hayes, Thomas C. (July 24, 1992).
524:Konsulterna - Kampen om Karolinska
406:The Centre for Public Impact is a
381:
14:
1801:
1532:Information technology consulting
441:, as well as the jewelry company
16:Global management consulting firm
1719:
1718:
537:
1770:Macroeconomics consulting firms
1583:Certified management consultant
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1043:
1029:
1015:
945:
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911:Stalk Jr., George (July 1988).
904:
448:
369:) are projects backed by BCGDV.
267:In 1974, Henderson arranged an
1474:
1314:Panja, Tariq (June 10, 2021).
1124:Kilian, Annie (May 24, 2018).
753:
699:
673:
647:
622:
580:
417:
1:
1542:Risk and strategic consulting
573:
292:
209:Boston Consulting Group, Inc.
29:Boston Consulting Group, Inc.
873:Gant, Tina (December 2003).
492:Asian Football Confederation
7:
1702:List of IT consulting firms
711:Australian Financial Review
561:
328:BCG extended business units
319:The BCG growth-share matrix
83:; 61 years ago
10:
1806:
1185:"BCG Platinion - About Us"
554:
514:after an investigation by
367:World Wide Fund for Nature
308:
238:
18:
1780:Companies based in Boston
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1527:Human resource consulting
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919:. Brighton, Massachusetts
618:. bcg.com. April 1, 2023.
590:. Boston Consulting Group
505:
422:
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172:
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105:
95:
77:
67:
57:
49:Headquarters at Boston's
42:
33:
1537:Public sector consulting
1517:Environmental consulting
1507:Biotechnology consulting
520:investigative journalism
427:An article published by
402:Centre for Public Impact
332:
269:employee stock ownership
247:had been recruited from
215:) is an American global
1745:Boston Consulting Group
1643:Boston Consulting Group
1003:. businessnewsdaily.com
1001:"What Is a BCG Matrix?"
917:Harvard Business Review
853:The Wall Street Journal
790:"Counselor To The King"
532:value-based health care
390:BCG Henderson Institute
305:BCG growth-share matrix
276:Harvard Business Review
255:In 1967, Henderson met
165:(Global Chair Emeritus)
1638:McKinsey & Company
1512:Engineering consulting
320:
229:McKinsey & Company
1492:Management consulting
957:sustainabilitymag.com
471:consolidate power in
355:United Parcel Service
318:
221:Boston, Massachusetts
217:management consulting
176:$ 12.3 billion (2023)
149:Christoph Schweizer (
126:More than 100 offices
72:Management consulting
1603:Fixed-price contract
351:BCG Digital Ventures
223:. It is one of the "
21:BCG (disambiguation)
19:For other uses, see
1573:Business networking
1568:Business consultant
1373:Sveriges Television
828:on October 30, 2012
484:2030 FIFA World Cup
469:Mohammed bin Salman
311:Growth–share matrix
182:Number of employees
122:Number of locations
30:
1648:Bain & Company
1563:Accounting network
1497:Assurance services
1320:The New York Times
1286:The New York Times
1249:The New York Times
794:The New York Times
739:The New York Times
454:The New York Times
430:The New York Times
321:
262:Bain & Company
233:Bain & Company
28:
1785:History of Boston
1732:
1731:
1710:
1709:
1671:Ernst & Young
1613:Shareholder value
1598:Strategy+Business
1522:Financial adviser
1423:. March 24, 2022.
890:978-1-55862-503-7
822:Naples Daily News
435:Isabel dos Santos
206:
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163:Hans-Paul BĂĽrkner
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1437:. July 31, 2024.
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959:. April 25, 2023
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713:. August 8, 2023
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299:business schools
249:Arthur D. Little
202:
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186:32,000 worldwide
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51:Seaport District
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1132:. Mining Weekly
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941:. May 21, 2023.
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245:Bruce Henderson
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100:Bruce Henderson
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1578:Case interview
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687:. May 19, 2023
672:
661:. May 27, 2021
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568:DICE framework
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