346 Posts found for Source: Boston Consulting Group (BCG)

As volatility and complexity rise, transformation has become an imperative for most companies, meaning fundamental changes to the strategy, operating model, organization, people, and processes. To transform, companies must take three steps: funding the journey, winning in the medium term, and establishing the right team, organization, and culture.

Content: Article | Authors: Jim Hemerling, Lars Faeste, Martin Reeves, Perry Keenan | Source: Boston Consulting Group (BCG) | Subjects: Change Management, Management, Strategy

Business model innovation is complex and challenging. By understanding four distinct approaches—and the success stories of companies using those approaches—executives can make effective choices in designing the path to growth and uncovering a lasting competitive advantage.

Content: Article | Authors: Margaret Ayers, Zhenya Lindgardt | Source: Boston Consulting Group (BCG) | Subjects: Management, Strategy

Recent research by BCG and Technical University Bergakademie Freiberg investigated the motivations and success factors for business portfolio restructurings. By analyzing the characteristics and patterns of the underlying transformation processes, we developed practical insights on issues relating to the magnitude, speed, and sequencing of restructurings.

Editor’s Note: I was really intrigued by this research.

Content: Article | Authors: Michael Nippa, Sebastian Schönhaar, Ulrich Pidun | Source: Boston Consulting Group (BCG) | Subjects: Management, Miscellaneous, Strategy

The growth share matrix—first put forth by BCG founder Bruce Henderson in 1970—helped companies allocate resources based on two factors: company competitiveness and market attractiveness. More than four decades later, the matrix remains a powerful tool that helps companies manage strategic experimentation amid greater, and more unpredictable, change.

Content: Article | Authors: Martin Reeves, Sandy Moose, Thijs Venema | Source: Boston Consulting Group (BCG) | Subjects: Management, Strategy

Growth is hard to achieve—and creating value through growth is even harder. Embracing comprehensive business-model innovation can give a company a crucial edge over those rivals that try to drive growth by pulling individual levers such as pricing or product extension.

Content: Article | Authors: Charles Hendren, Zhenya Lindgardt | Source: Boston Consulting Group (BCG) | Subjects: Innovation, Management, Strategy

Many corporate-transformation efforts fail to deliver lasting competitive advantage. BCG has identified the factors that lead to successful transformations—and the common traps that characterize failures.

Content: Article | Authors: Gideon Walter, Kaelin Goulet, Martin Reeves, Michael Shanahan | Source: Boston Consulting Group (BCG) | Subject: Change Management

In recent decades, one of management’s objectives has been to add discipline to innovation. Companies have greatly improved the efficiency of new-product development, and managers have been able to draw on a variety of processes, methods, and tools to maximize the return on their R&D investment.

Unfortunately, these advances have had the unintended consequence of discouraging radical innovation: technical breakthroughs that render existing products obsolete or … [ Read more ]

Content: Article | Authors: Andreas Maurer, David Küpper, Kim Wagner, Markus Lorenz | Source: Boston Consulting Group (BCG) | Subject: Innovation

Complex global corporations are under unrelenting pressure to create value. But no corporate center can add value without an effective parenting strategy, and no strategy can succeed without an organizational design that translates strategy into operational reality. Learn how to turn your corporate center into a value-creation engine.

Content: Article | Authors: Fabrice Roghé, Matthias Krühler, Sebastian Stange, Ulrich Pidun | Source: Boston Consulting Group (BCG) | Subjects: Corporate Governance, Management, Organizational Behavior

Risk management isn’t just a matter of complex financial models and formal risk-management systems. It is an essential value-creating activity that should inform the strategic debate at every level of the organization. Here are ten basic principles that should govern “the art of risk management.”

Content: Article | Authors: Fabian Günther, Frank Plaschke, Marc Rodt, Ulrich Pidun | Source: Boston Consulting Group (BCG) | Subject: Risk Management

Ambidexterity—the ability to excel simultaneously in efficiency and innovation—is a rare but increasingly critical capability in today’s complex business environment. There are four distinct approaches to achieving it, and the suitability of each one depends on the diversity and dynamism of the specific company’s environment.

Content: Article | Authors: Filippo Scognamiglio Pasini, James Hollingsworth, Knut Haanæs, Martin Reeves | Source: Boston Consulting Group (BCG) | Subjects: Management, Organizational Behavior, Strategy

Companies invest staggering sums of money on marketing with surprisingly little rigor. Because measuring and optimizing spending on marketing is notoriously difficult, companies often rely on rules of thumb, such as spending as a percentage of revenues. A recent benchmarking study conducted by BCG and Marketing Analytics indicates that these shortcuts can be imprecise and unreliable. This report describes a better approach—one that encompasses all … [ Read more ]

Content: Article | Authors: Jens Harsaae, Kevin Richardson, Neal Rich, Rohan Sajdeh, Ross Link | Source: Boston Consulting Group (BCG) | Subjects: Best Practices, Marketing / Sales

Question the conventional rules about taking command of a business. Some of them are seriously misguided and need replacing by up-to-date guidelines. New CEOs like to make an early impact, often by very bold actions, but for a long-lasting impact, what’s needed is a more flexible and considered approach.

Content: Article | Authors: Peter Tollman, Roselinde Torres | Source: Boston Consulting Group (BCG) | Subjects: Leadership, Management

Despite the dismal history of corporate-change efforts, there are ways for organizations to successfully manage change—and make sure the changes stick. BCG’s latest report shows how the Change Delta—a disciplined, systematic approach—focuses energy and resources on the change elements that matter most.

Content: Article | Authors: Huib Kurstjens, Kimberly Powell, Massimo Busetti, Michael Shanahan, Mike Lewis, Perry Keenan | Source: Boston Consulting Group (BCG) | Subject: Change Management

Good corporate governance isn’t just about compliance: it spurs value creation. BCG has identified several often-overlooked factors that can help boards become more engaged, make better decisions, and govern more effectively. Boards can thus act as true partners to CEOs in steering companies toward sustained success.

Content: Article | Authors: Christian Orglmeister, Daniel Azevedo, Marcos Aguiar | Source: Boston Consulting Group (BCG) | Subject: Corporate Governance

Creating value in today’s economic environment isn’t easy. Every company has to chart its own course. The companies that succeed are those that understand the opportunities and priorities embedded in their starting position, as defined by the economics of the business and its current valuation in the equity markets.

Content: Article | Source: Boston Consulting Group (BCG) | Subjects: Best Practices, Strategy

A wide-ranging study of best practices in quality management highlights the importance of human and cultural factors and shows how manufacturers can improve their performance—and gain the competitive edge enjoyed by quality leaders in an age of increasingly complex products and rising customer expectations.

Content: Article | Authors: Alexander Linder, Daniel Spindelndreier, Frank Lesmeister, Helmut Lieb, Robert Schmitt | Source: Boston Consulting Group (BCG) | Subject: Operations

Acquisitions too often fall short of their promised payoffs, and a frequent culprit is inadequate integration. Execution falters as people struggle under time pressures and lose sight of priorities. By investing in the underlying integration capabilities, companies can bring discipline and focus to their efforts to capture value from deals.

Content: Article | Authors: Chris Barrett, Daniel Friedman, Neeraj Aggarwal, Niamh Dawson, Nicholas Glenning, Peter Goldsbrough | Source: Boston Consulting Group (BCG) | Subject: Mergers & Acquisitions

Rapid change requires companies to reorganize more frequently, more fundamentally, and faster than ever before. But the odds for failure are high. New BCG research has uncovered six critical success factors that can dramatically flip a company’s odds of reorganization success—and help it achieve reorganization’s ultimate purpose: driving competitive advantage.

Content: Article | Authors: Andrew Toma, Brad Noakes, Fabrice Roghé, Julie Kilmann, Ralf Dicke | Source: Boston Consulting Group (BCG) | Subjects: Change Management, Management, Organizational Behavior

Organizational capabilities have a major impact on long-term corporate performance, and none matter more than behavioral aspects. But behavioral attributes can have a high impact only when they’re backed by strong structural capabilities. A new BCG Focus explains what organizations can do to develop the appropriate sets of capabilities.

Editor’s Note: I see many weaknesses in the approach and methodology employed for this study and thus … [ Read more ]

Content: Article | Authors: Andrew Toma, Fabrice Roghé, Julie Kilmann, Rainer Strack, Ralf Dicke | Source: Boston Consulting Group (BCG) | Subjects: Management, Organizational Behavior

This report details which HR practices and methodologies are helping companies to create competitive advantage and which need a different approach to suit the times. This analysis of a broad range of HR topics is based on the second survey conducted by The Boston Consulting Group and the World Federation of People Management Associations, which generated responses from more than 5,500 executives in 109 countries … [ Read more ]

Content: Article | Authors: Ernesto Espinosa, Florent Francoeur, J. Puckett, Jean-Michel Caye, Pieter Haen, Rainer Strack, Svend Lassen, Vikram Bhalla | Source: Boston Consulting Group (BCG) | Subject: Human Resources