The Next Convergence: The Future of Economic Growth in a Multispeed World

With the British Industrial Revolution, part of the world’s population started to experience extraordinary economic growth—leading to enormous gaps in wealth and living standards between the industrialized West and the rest of the world. This pattern of divergence reversed after World War II, and now we are midway through a century of high and accelerating growth in the developing world and a new convergence with … [ Read more ]

Does Your Strategy Need Stretching? Adapting Your Strategy-Development Approach to Fit Today’s Rapidly Changing Competitive Environment

This BCG Report summarizes our recent research into how leading companies are adapting their strategy development processes to today’s increasingly unpredictable competitive environment. Based on 100 executive interviews, we found that they are stretching their time horizons to give the short, medium, and long term each its due. Stretching their thinking with new techniques to boost creativity and insight. And stretching their engagement models to … [ Read more ]