New Center Will Offer Clear
and Actionable Insights Amid Complex Geopolitical Landscape
BOSTON, June 19,
2024 /PRNewswire/ -- Boston Consulting Group
(BCG), one of the world's leading management consulting firms,
today announced its new Center for Geopolitics, a global effort to
help businesses navigate an increasingly fraught and fragile global
landscape.
The Center for Geopolitics merges geopolitical acumen with BCG's
world-class analytical capabilities to help leaders understand,
anticipate, and prepare for the future. It will draw on the work of
BCG's Global Advantage practice combined with deep sector knowledge
to offer data-driven analysis, scenario-based approaches, and clear
business implications.
"Businesses are now placing geopolitics at the top of their
agendas. The Center for Geopolitics will cut through the noise to
deliver factual, tangible insights that empower executives to make
confident decisions, in tune with business realities," said
Nikolaus Lang, managing director and
senior partner at BCG and chair of the Center for Geopolitics. "A
more fragmented world presents businesses with a great deal of
uncertainty and tremendous risks. Businesses need to treat
geopolitical risk with the same urgency and importance as they gave
to the disruptive rise of digital and the climate crisis."
Recent research by BCG, Geopolitical Risk Is Rising. Here's
How CEOs Can Prepare, highlights
some of the actions needed to navigate the increasingly unstable
and rapidly shifting global environment.
"Building geopolitical muscle is now critical for any company
that operates on a global scale. It takes commitment, dedication,
and effort to strengthen and maintain. And it can entail additional
costs," said Marc Gilbert, managing
director and senior partner at BCG and at the Center for
Geopolitics. "CEOs need to ensure they are capturing opportunities
as well as managing risks that emerge from a dynamic geopolitical
landscape and taking these into account when it comes to capital
and strategic planning decisions."
"We are in an era when CEOs and their executive teams need to be
sensitive to the business impact of geopolitics," said Aparna Bharadwaj, managing director and partner
at BCG and global leader of the firm's Global Advantage practice.
"Our clients want to understand the commercial impact of
geopolitics, and they are bringing specific challenges to us—from
managing supply chain exposure to driving global growth to setting
up resilient global operating models. The Center will enable BCG to
share unique perspectives that connect to BCG's products and
services to drive global advantage for our clients."
More information on BCG's Center for Geopolitics can be found
here.
About Boston Consulting Group
Boston Consulting Group
partners with leaders in business and society to tackle their most
important challenges and capture their greatest opportunities. BCG
was the pioneer in business strategy when it was founded in 1963.
Today, we work closely with clients to embrace a transformational
approach aimed at benefiting all stakeholders—empowering
organizations to grow, build sustainable competitive advantage, and
drive positive societal impact.
Our diverse, global teams bring deep industry and functional
expertise and a range of perspectives that question the status quo
and spark change. BCG delivers solutions through leading-edge
management consulting, technology and design, and corporate and
digital ventures. We work in a uniquely collaborative model across
the firm and throughout all levels of the client organization,
fueled by the goal of helping our clients thrive and enabling them
to make the world a better place.
Boston Consulting Group
Eric Gregoire
Global
Media Relations Director
Tel +1 617 850 3783
gregoire.eric@bcg.com
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SOURCE Boston Consulting Group (BCG)