BOSTON CONSULTING GROUP

The Boston Consulting Group (BCG) is an American multinational management consulting firm with
90 offices in 50 countries. The firm advises clients in the private, public, and not-for-profit sectors
around the world, including more than two-thirds of the Fortune 500 and is one of the ’Big three’
strategy consulting firms (MBB).
MISSION:
Our mission is clear. We go deep to unlock insight and have the courage to act. We bring the right
people together to challenge established thinking and drive transformation. We work with our
clients to build the capabilities that enable organizations to achieve sustainable advantage. We are
shaping the future. Together.
FOUNDED:
The Boston consultancy group was founded in 1963 by Bruce Henderson.
 KEY FACTS AND FIGURES

 Sector- Management Consulting

 Founder – Bruce Henderson
 Current CEO and President: Rich Lesser
 Head quarters: Boston, Massachusetts, U.S.
 Number of cities - 90+ cities worldwide
 Number of countries- 50 countries worldwide
 Number of employees- 16000+ worldwide
 Revenue – 6.3 billion USD
 KEY COMPETITORS
THE MAIN COMPETITORS OF BCG ARE:
 McKinsey & Company
 Bain & Company
 AT Kearney
 Strategy & (erstwhile Booz & Co)
 Monitor Group (Acquired by Delloitte)
 Delloitte Consulting
 PwC Management Consulting
 KPMG Consulting
 Ernst & Young Consulting
 Opera Consulting
 Roland Berger
 Parthenon Group
 DHL Consulting
FUNCTIONALITIES
 DEVELOPED CONCEPTS
 BCG Matrix:
In 1969, BCG created the "growth-share matrix", a simple chart to assist large
corporations in deciding how to allocate cash among their business units. The
corporation would categorize its business units as "Stars", "Cash Cows",
"Question Marks", and "Dogs" (originally "Pets"), and then allocate cash
accordingly, moving money from "cash cows" toward "stars" and "question
marks" that had higher market growth rates, and hence higher upside potential.
 DEVELOPED CONCEPTS
 EXPERIENCE CURVE:

The experience curve illustrates that the more often a task is performed the
lower the cost of doing it will be. The task can be the production of any good or
service. Each time cumulative volume doubles, value-added costs (including
administration, marketing, distribution, and manufacturing) fall by a constant and
predictable percentage.

BCG founder, Bruce Henderson, expounded the implications of the experience

curve for strategy. BCG research concluded that because relatively low cost of
operations is a very powerful strategic advantage, firms should capitalize on
these learning and experience effects
 DEVELOPED CONCEPTS
 ADVANTAGE MATRIX:
After its well-known growth-share matrix, the Boston Consulting
Group developed another, much less widely reported, matrix which approached
the economics of sale decision rather more directly. This is known as
their Advantage Matrix. The matrix was published in a 1981 Perspective titled
"Strategy in the 1980s" by Richard Lochridge.
 AWARDS AND RECOGNITIONS
 BCG has also been listed in Consulting magazine's "Best Firms to Work For" list
every year since 2001,received a perfect score on the Corporate Equality
Index formulated by the Human Rights Campaign for the past six years, and
been rated by Working Mother magazine as one of the "best companies" for
working mothers for the past six years.
 Fortune Magazine ranked BCG second in its 2011- 2012 lists of the "top 100
best companies to work for".
 BCG also won this recognition in Consulting Magazine's 2014 "The Best Firms
to Work For" ranking, in the edition released in September 2014.
 BCG received the number 1 spot in Consulting Magazine's 2016 "Best Firms to
Work for" ranking.
 he 2017 and 2016 rankings by Fortune listed BCG as the third "best company
to work for.“