Industry Analysis of Boston Consulting Group: What We Believe

INDUSTRY ANALYSIS OF BOSTON
CONSULTING GROUP
Boston Consulting Group (BCG) is an American management consulting firm founded in 1963.The

firm is one of the world's three largest strategy consulting firms by revenue.
Boston Consulting Group
Industry - Management consulting Founded1963; 58 years ago Founder Bruce Henderson
Headquarters. Boston, Massachusetts, United States
Number of company served
More than 90 country
Area served - Worldwide
Key people
Rich Lesser (CEO)
Revenue$8.5 billion (2019)[3]
Number of employees
21,000 worldwide
Website - www.bcg.com
What We Believe
Whether you want to advance an idea, a capability, or the world at large, BCG is with you every step
of the way. We excel in the business of human potential, and believe in its power to shape strategic,
organizational, economic, societal change, and beyond.
The BCG Difference
Our consulting model is holistic and unique. Operating across industries and geographies as one
integrated, multifunctional team, we bring customized solutions and the best of BCG to each client.
Today, as a top consulting firm, we help clients with total transformation—driving complex change,
enabling organizations to grow, building competitive advantage, and driving bottom-line impact.
2019, BCG ranked #10 on Fortune’s “100 Best Companies to Work For”.
Working Mother magazine recognized BCG as a 2019 Working Mother 100 Best Companies for the
thirteenth time, highlighting the firm's paid family leave policies and flexible work options. BCG was
also recognized as 2019 Best Companies for Dads and 2020 NAFE Top Companies for Executive
Women.
Human Rights Campaign recognized the firm as among the best places to work for LGBT Equality in
2020.
How We Help Clients
In short, we help you be both a great company, driving growth and attracting talent, and a great
stock, attracting investors and delivering value for stakeholders.
Strategy and value creation are part of BCG’s DNA. Through the experience curve, growth-share
matrix, time-based competition, digital deconstruction, and our thinking on the growing diversity of
strategic environments in Your Strategy Needs a Strategy, BCG has been at the forefront of strategic
innovation.
We partner with clients not just to develop strategies, but also to achieve superior results through
support on transactions and broader transformations. We help support functional excellence
through our Center for CFO Excellence and our Strategy Enablement Center. Explore the full range of
our Corporate Finance and Strategy consulting offering:
Corporate Strategy
Ensuring that the whole business portfolio is worth more than the sum of its parts takes a clear
corporate vision, a consistent parenting approach, smart capital allocation, and a compelling
investor story.
Business Strategy
Delivering value-creating growth requires not only a sharp understanding of how the basis of
competition is shifting but also the creativity to envision your organization’s unique path to win—
and the resourcing and discipline to realize your vision.
Value Creation Strategy and Shareholder Activism Defense
Creating peer-beating value is a universal aspiration. The best companies maximize their results by
taking an iterative approach to shaping corporate, business, financial, and investor strategies. And
strong, sustained value creation is the best defense against the rising tide of activism.
M&A, Transactions, and Post-Merger Integration
Bringing a strategy to life—and accelerating value creation—often requires new skills, expanded
market access, and stopping some things while starting others. Transactions are a key lever, but
more than half of deals destroy value. What does it take to unlock potential?
Strategic Planning Excellence
Staying ahead of—or leapfrogging—rivals demands a superior and always-on strategy function to
envision the future, and your organization’s place in it, over and over again.
Finance Function Excellence
Achieving superior business results requires a world-class finance function and an approach to

financial management that is aligned with strategy, digital, and adept at creating and sustaining a
performance culture.
Risk Management
Understanding, preparing for, and mitigating the landscape of risks—both strategic and operational
—are crucial elements of strategy and protectors of value.
SWOT ANALYSIS
BCG Strengths
1. BCG focuses on strategy and operations projects

2. One of the companies to be awarded as the ‘Best place to work for’
3. Pool talent at Boston Consulting consists of the best brains in the industry
4. BCG is a popular consulting company and has a good brand visibility amongst
competitors
5. Present in over 45+ countries with nearly 80 offices and has over 5,500
consultants
6. Several awards have been given to BCG for its consulting business
7. The company has also been involved in several publications and perspectives
across different businesses & sectors
BCG Weaknesses
1. BCG have been unable to penetrate into some of the international markets like
some its competitors
2. Tough competition means market share is limited
BCG Opportunities
1. Getting into more diverse areas of business and evolving new concept there
rather than sticking into only strategy
2. BCG's green initiatives can create a new opportunity of consultation for them
3. Acquisition of smaller firms can strengthen the presence of Boston Consulting
Group
BCG Threats
1. Stiff competition from existing industry players means reduction of BCG's market share
2. Fluctuations in currencies affects international projects
3. Companies setting up their own knowledge centres
BCG Matrix (also known as the Boston Consulting Group analysis, the Growth-Share matrix, the
Boston Box or Product Portfolio matrix) is a tool used in corporate strategy to analyse business units
or product lines based on two variables: relative market share and the market growth rate. By
combining these two variables into a matrix, a corporation can plot their business units accordingly
and determine where to allocate extra (financial) resources, where to cash out and where to divest.
The main purpose of the BCG Matrix is therefore to make investment decisions on a corporate level.
Depending on how well the unit and the industry is doing, four different category labels can be
attributed to each unit: Dogs, Question Marks, Cash Cows and Stars. This article will cover each of
these categories and how to properly use the BCG Matrix yourself.

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INDUSTRY ANALYSIS OF BOSTON

Boston Consulting Group (BCG) is an American management consulting firm founded in 1963.The

Boston Consulting Group

Industry - Management consulting Founded1963; 58 years ago Founder Bruce Henderson

Headquarters. Boston, Massachusetts, United States

Number of company served

More than 90 country

Area served - Worldwide

Revenue$8.5 billion (2019)[3]

The BCG Difference

How We Help Clients

M&A, Transactions, and Post-Merger Integration

Strategic Planning Excellence

Finance Function Excellence

Achieving superior business results requires a world-class finance function and an approach to

1. BCG focuses on strategy and operations projects

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