The So What from BCG

Can risk management evolve from a check-the-box exercise into a driver of innovation? Tad Roselund, BCG’s former chief risk officer, explains how organizations can create advantage by anticipating challenges, training employees to spot risks, and balancing prevention with recovery.  Learn More:  Tad Roselund: https://on.bcg.com/3WR4Ge2    BCG on Risk and Compliance: https://on....

Listen as BCG AI conversational agent GENE and editor in chief Paul Michelman highlight the opportunities and obstacles ahead for CEOs, as outlined in BCG’s most recent thought leadership. The duo share which steps to take now before an expected M&A resurgence, the lessons to be learned from fintech, and how to advance carbon dioxide reduction.  LEARN MORE   After you listen, dive de...

One in every three people will likely find their jobs significantly disrupted by AI in the next decade. Sagar Goel, leader of BCG’s work in digital reskilling and leadership development, talks about the role of the public and private sectors in preparing employees for this exciting, uncertain, and sometimes frightening world.    Learn More:  Sagar Goel: https://on.bcg.com/46D3O12 &n...

In a world of microtargeted ads and niche audiences, sports remain one of the few remaining opportunities for brands to capture the attention of the masses. Dan Wald, global lead of BCG’s sports business, talks about how the Olympics works to stay relevant in a fragmented world. How can businesses and sports leagues incorporate this success into their current strategies?      L...

The average US consumer belongs to around 14 loyalty programs. Edward Crouch, BCG’s global leader for loyalty and membership, explains how unique experiences and personalization can convert everyday customers into loyal fans.      Learn More:  Edward Crouch: https://on.bcg.com/3zgpaF0   Loyalty Programs Need Next-Generation Design: https://on.bcg.com/4chjlWy   Tr...

One in every three US adults has a criminal record that follows them like a lead weight as they look for work. Lina Bankert, managing director and partner in BCG’s Chicago office, and Kathleen St. Louis Caliento, president and CEO of Cara Collective, explain that formerly incarcerated people can be model employees. Hiring always involves risk. By partnering with government agencies and nonprofit o...

Brian Collie, BCG’s global leader for the automotive and mobility sector, explains that price and range anxiety remain as barriers to adoption of electric vehicles. Even so, recent BCG research in the US found that nearly 40% of surveyed consumers are considering a switch to electric for their next vehicle. To tap into that demand, manufacturers need to lower their cost structure—they currently lo...

Banks and other financial systems are the lifeblood of the economy. But most of them trade at less than book value, constrained by regulation, the growth of private credit, and tech startups. Kilian Berz, global vice chair of BCG’s financial institutions practice, explains how traditional banks can regain their footing through leadership and transformation. Learn More: Kilian Berz: https://on.bcg....

Current economic models are not up to the challenge of capturing the real-world complexities of climate change. But better models are on the horizon. Sophia Davies, BCG’s lead for climate tech partnerships , explains how AI can supercharge these models to predict how public policies will motivate the private sector. Early returns suggest we may be vastly underestimating the effect of policy on cli...

If cybercrime were a country, it would be the third largest economy in the world. Paul O’Rourke, BCG’s global cybersecurity leader, explains how organizations can protect themselves and their supply chains: Start by recognizing that the elimination of all risks is impossible. Instead focus security efforts on an organization’s “crown jewels”—its most critical digital assets. Leaders don’t need to...

Joe Davis, BCG’s former regional chair for North America, says you can make tough decisions without being a “tough guy.” In the executive suite, empathy and authenticity are in, according to Davis, the author of the new business book, The Generous Leader.  Even as tech skills dominate the headlines, Davis celebrates the enduring value of mastering people skills.  Learn More:   ...

Responsible investing goes back decades or even longer if pronouncements in the Old Testament and Qur’an are considered. Environment, social, and governance goals have become embedded in corporate strategy, even if the acronym ESG has become polarizing. Tim Mohin, director of climate and sustainability at BCG, discusses this evolution and what the next iteration might look like. One thing is clear...

The original BRIC acronym came to life in 2001 to describe the untapped economic potential of Brazil, Russia, India, and China. This informal grouping of nations has since coalesced into a rising economic force , especially since the entry of South Africa in 2010 and Egypt, Ethiopia, Iran, and the United Arab Emirates at the start of this year. Daniel Azevedo—leader of BCG’s global advantage pract...

What would you have done differently if you had anticipated the likelihood of a global pandemic or the explosion of generative AI? In BCG’s newest podcast Imagine This... , BCG’s editor in chief Paul Michelman, and his AI co-host GENE delve into disruptive scenarios that could define the coming decades. BCG experts join the conversation, probing the possibilities and implications for leaders. Huma...

From 2010 to 2016, Africa was closing the gender gap faster than any region in the world. Challenges such as plunging commodity prices and the pandemic have set that progress back a generation. BCG’s Zineb Sqalli and Phillipa Osakwe-Okoye explain that domestic violence as well as unsafe public places are barriers in southern Africa. Traditional roles of women in families stand in the way of progre...

For many business leaders, cost efficiency took a backseat to the polycrisis caused by the pandemic, supply chain disruptions, and employee attrition. But today, earnings pressures and economic uncertainty place cost solidly front and center at most companies. Paul Goydan, global leader of BCG’s Accelerated Cost Advantage program, arms these leaders with insights and approaches, exploring everythi...

Most companies have no idea how many of their employees live with a disability. Most organizations report 4-7%, but BCG research says it’s much higher—25%. And that percentage is only going to climb as the workforce ages. Brad Loftus and Hillary Wool are both high-performing consultants who live with disabilities. They discuss why companies are so misinformed and explore how leaders can provide re...

In implementing generative AI, companies are paying too much attention to the algorithms and not enough to the human element. How well are workers equipped to use it—and use it responsibly? Allison Bailey, global leader for BCG’s people and organization practice, discusses the need for upskilling and reskilling in not just technology, but also being adaptive, creative, and collaborative. Businesse...

In this special episode of The So What from BCG, human and AI intelligence come together. Join BCG’s Global Chair Rich Lesser, and GENE, BCG’s new GenAI conversational agent, for a wide-ranging exploration of the CEO agenda as world leaders gather at Davos. Rich and GENE discuss the transformative power of generative AI technology, the urgency of climate action, and the critical need for trust in...

Time is a finite resource. What is the best way to spend it? Bob Sulentic, CEO of the multibillion-dollar company CBRE explains why he deliberately leaves hours of his workday open for thinking, reading, and being available to his direct reports. That approach may not work for all CEOs. What’s important, explains BCG’s Jeff Hill, is that CEOs spend time thinking about time. An unexamined calendar...

As 2023 ends, people look to the new year to become the best version of themselves. Sreyssha George, an expert in technology and people for BCG, explains how to build your personal brand by choosing a role model, asking for feedback, and being open to change.  Learn More:  Sreyssha George: https://on.bcg.com/472Hqgn   This podcast uses the following third-party services for analysis...

The human brain is constantly making associations between events, objects, and memories. David Ratajczak, global leader of BCG’s marketing practice, says companies can rely on this deep psychology to create positive associations with their brand. Campaigns no longer exist solely in big media where only large, established companies could afford them. Startups and small businesses can win mindshare...

A promising $19 trillion has been put toward the energy transition. The bad news? We need $18 trillion more—and that’s just to reach 2030 goals. As the world gears up for COP28, the UN’s climate conference, Maurice Berns, chair of BCG’s Center for Energy Impact, explores how to close this gap.     Learn More:  Climate Vision 2050: https://lnk.to/bcg-climate-vision-2050-series-l...

Ahead of COP28, the UN’s climate conference, we explore the unique ways public-private partnerships help achieve sustainability goals. Lars Fruergaard Jørgensen, CEO of Novo Nordisk; Pascal Soriot, CEO of AstraZeneca; and Christine O’Brien, lead for BCG’s climate and sustainability practice in health care, discuss the projects and success of the Sustainable Markets Initiative Health Systems Task F...

It’s 2050 and we’re exploring how the world radically reduced carbon emissions and saved itself from climate catastrophe. What have our cities done to accommodate massive population growth? And how do businesses, governments, researchers and everyday people work together to build sustainable supply chains, agricultural practices and transportation infrastructure? This is  Climate Vision 2050...