How Diverse Leadership Teams Boost Innovation
A recent BCG study suggests that increasing the diversity of leadership teams leads to more and better innovation and improved financial performance. In both developing and developed economies, companies with above-average diversity on their leadership teams report a greater payoff from innovation and higher EBIT margins. Even more persuasive, companies can start generating gains with relatively small changes in the makeup of their senior teams. … [ Read more ]
Content: Article | Authors: Katie Abouzahr, Matt Krentz, Miki Tsusaka, Nicole Voigt, Rocío Lorenzo | Source: Boston Consulting Group (BCG) | Subjects: Diversity, Human Resources, Innovation, Organizational Behavior
Fixing the Flawed Approach to Diversity
We recently surveyed roughly 16,500 people worldwide to identify the most effective diversity and inclusion measures. Our investigation builds on previous research into gender diversity. For our current analysis, we broadened our lens to include diversity in two additional dimensions: race and ethnicity and also sexual orientation. Through that research, we identified specific solutions that companies can implement to accelerate their progress on diversity.
Content: Article | Authors: Elliot Vaughn, Jennifer Garcia-Alonso, Justin Dean, Matt Krentz, Miki Tsusaka | Source: Boston Consulting Group (BCG) | Subjects: Diversity, Human Resources
Go-to-Market Advantage: The New Battlefield for Consumer Companies
As consumer companies make better products at lower cost, it becomes harder to differentiate among them. Therefore, advantage has shifted from supply-side capabilities to demand-side strategies, from upstream processes to the downstream go-to-market activities of pricing, trade spending, marketing, advertising, and sales. Today, success comes not just from raw data, but its transformation into strategic information. It is in organizing for adaptability and responsiveness that … [ Read more ]
Content: Article | Authors: Anthony Pralle, Jens Harsaae, Miki Tsusaka, Patrick Ducasse, Tomer Tzur | Source: Boston Consulting Group (BCG) | Subject: Marketing / Sales
Align the Levers for a Successful Go-to-Market Strategy
Growing Through Acquisitions: The Successful Value Creation Record of Acquisitive Growth Strategies
Skepticism about the value-creating potential of mergers and acquisitions is unwarranted, according to this BCG study. The report analyzes the 1993-2002 stock-market performance of 705 public U.S. companies, based on their level of Merger & Acquisition (M&A) activity. The highly acquisitive companies in the sample had the highest median total shareholder return-more than a full percentage point per year greater than that of companies that … [ Read more ]
Content: Article | Authors: Chris Neenan, Kees Cools, Kermit King, Miki Tsusaka | Source: Boston Consulting Group (BCG)