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Companies Are Rethinking Strategy-Development Approaches to Better Adapt to Today's Competitive Environment, Says Report by The Boston Consulting Group
Executives -- unhappy with strategic-planning processes that they feel have become ossified and bureaucratic -- are reinventing the ways in which they develop strategies, according to a new report by The Boston Consulting Group BCG. The report, "Does Your Strategy Need Stretching? Adapting Your Strategy-Development Approach to Fit Today's Rapidly...
Unique M&A Opportunities for Consumer Products Companies in the Embattled (or Uncertain) Economy, Says a Report by The Boston Consulting Group
Financial markets are roiling, the business environment is experiencing the first period of real price inflation in consumer products in 30 years, and the full economic impact of rising energy and other commodity prices remains unclear. What's more, many companies are encountering a new class of global competitors from rapidly...
The Banking Industry Lost Nearly One-Third of Its Market Value Over the First Three Quarters of 2008, Says The Boston Consulting Group
Following a steady run of strong growth, the global banking industry has experienced a massive loss in market value, according to The Boston Consulting Group BCG. "The market capitalization of the global banking industry fell from $8.3 trillion at the end of 2007 to $5.7 trillion at the end...
Market Turmoil Overshadows First-Half Gains by Investment Banks, Says Report by The Boston Consulting Group
Investment banks achieved a $15 billion turnaround in revenues in the second quarter of 2008, according to a report by The Boston Consulting Group BCG, but recent gains have been overshadowed by the collapse of Lehman Brothers and concerns that the financial crisis may continue to deepen. The report, "Investment...
In an Economic Slowdown, a Tighter Focus on "Lean" Can Boost P&L
Why have so few companies matched Toyota's legendary success with lean production? In a new report, "Getting More from Lean: Seven Success Factors," The Boston Consulting Group BCG draws on insights from client work and extensive interviews with leaders of lean initiatives to reveal what successful companies do differently. ...
BCG Study Finds Frustration With Innovation Growing
The Boston Consulting Group's (BCG's) fifth annual global survey and report on innovation, "Innovation 2008: Is the Tide Turning?" illuminates deepening executive frustration with innovation returns. It also reveals a worrying trend: an ongoing decline in the percentage of companies that plan to raise their innovation spending. Of the...
China Set to Burst on Global Scene as Digital Giant
Chinese consumers have emerged as leading users of mobile communications, instant messaging IM, and Web 2.0 services, pushing the boundaries of digital activity in ways unimaginable just a few years ago, according to a new report by The Boston Consulting Group BCG. The report, "China's Digital Generations: The 570-Million-Hour...
The Boston Consulting Group Names Dominic Field Partner in Los Angeles
The Boston Consulting Group BCG has named Dominic Field a partner and managing director at the firm. Based in BCG's Los Angeles office, he is a leader in the Technology, Media & Telecommunications practice, with a focus on media, advertising and convergence topics. At BCG, Field has led many...
Most Companies Are Less Prepared for a Downturn Than They Think; Few Have Done More Than Basic Cost Cutting. A New BCG Report Suggests Six Ways to Win in an Economic Downturn
Over 80 percent of U.S. business executives think their companies are "better prepared" for a downturn than their competitors are, according to a recent survey by The Boston Consulting Group BCG -- even though few have taken any measures beyond basic cost cutting. But there's far more that companies can...
Carbon Capture and Storage Is a Feasible Solution for Mitigating Global Warming, Says a Report by The Boston Consulting Group
Carbon capture and storage CCS has the potential to reduce one-third of the total global emissions of carbon dioxide from stationary sources, according to a new report by The Boston Consulting Group BCG. The report, titled "Carbon Capture and Storage: A Solution to the Problem of Carbon Emissions," is being...
Rationalism Trumps Nationalism When Chinese Consumers Choose a Brand
As the competition between multinational and local brands in China intensifies during the months leading up to the Olympic Games and after, some brand analysts have concluded that Chinese consumers will increasingly favor local brands, largely for reasons of national allegiance. Although the Chinese often claim to prefer local...
Foreign competition is changing fast: check your global IQ
U.S. industry is entering a new phase of worldwide trade and competition "in which there will be no single geographic center, no ultimate model for success and no surefire strategy for innovation and growth," according to a new book by the Boston Consulting Group BCG. Competition will be coming from...
Investment Banks Show Signs of Recovery Despite Difficult Market, Says Report by The Boston Consulting Group
Investment banks faced a difficult start to 2008, but showed signs of improvement. Revenues of leading banks remained negative in the first quarter, largely due to write-downs. Excluding write-downs, however, first-quarter revenues were actually 18 percent higher than in the previous quarter. The report, "Investment Banking and Capital Markets," by...
New Era of 'Globality' Forces Established Companies to Compete with Everyone from Everywhere for Everything, according to The Boston Consulting Group
Tidal Wave of Little-Known but Powerful Challengers from Emerging Markets Is Rising Up; Industry Leaders Need to Learn Their Secrets or Lose Influence, Edge
Companies' Go-to-Market Capabilities Deemed Ineffective, New CMO Council Study Reveals
The Chief Marketing Officer CMO Council today released the findings of its "Driving the Bottom Line from the Front Line" study, a major global research initiative that delivers an alarming message: the majority of global companies surveyed acknowledge significant deficiencies in their go-to-market capabilities and marketing and sales processes. ...
Economic Slowdowns Are Ideal Times for Mergers and Acquisitions, BCG Finds
These may not be the best economic times, but they might be the best times for corporate mergers and acquisitions (M&A), says a new report from The Boston Consulting Group BCG. "Most companies pull away from the M&A deal table during downturns, but BCG research has found that it...
Media Advisory: Boston Consulting Group Experts Available to Discuss Landmark 'People' Study
Recruiting, Retaining and Developing Talent is Biggest 'People' Challenge Facing Companies in U.S. and Worldwide--and It's the One They Are Least Prepared to Handle, Says New Global Study
Executives Worldwide See Talent Gaps as Top People Challenge in Every Region and Industry
Managing talent is the most critical human resources HR challenge worldwide and will remain at or near the top of executive agendas in every region and industry for the foreseeable future, according to a new global study conducted by The Boston Consulting Group BCG, the World Federation of Personnel Management...
Report identifies sub-prime crisis causes.
Boston Consulting Group report into sub-prime claims that full crisis impact has yet to unfold. Joy Dunbar The sub-prime crisis resulted from "flawed" beliefs and "market utopia", according to the Creating Value In Banking 2008: Managing Shareholder Value In Turbulent Times report. ...
New Breed of Competitor is Threatening Western Multinationals in Emerging Markets, According to Boston Consulting Group Report
Energetic Crop of Local 'Dynamos' Is Fiercely Defending Its Turf against MNCs in Brazil, China, India, Mexico, and Other Rapidly Developing Economies
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