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Boston Consulting Group

Boston Consulting Group

Boston Consulting Group is a global management consulting firm founded in 1963 by Bruce Henderson.

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Service (business)
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Boston Consulting Group

Boston Consulting Group is a global management consulting firm founded in 1963 by Bruce Henderson.

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Boston Consulting Group
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December 16, 2019

Boston Consulting Group appoints seven partners in Germany
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Boston Consulting Group

Global management consulting firm

Boston Consulting Group is a global management consulting firm founded in 1963 by Bruce Henderson.

Article

Boston Consulting Group (BCG) is an American management consulting firm founded in 1963. The firm is one of the world's three largest strategy consulting firms by revenue. The firm aims to help corporations and organizations innovate and find sustainable competitive advantages.

Services

The firm provides strategic advisory services related to innovation and product development, marketing and sales, mergers and acquisitions, divestitures, change management, corporate development, and finance. The firm partners with clients in all sectors and regions to identify their opportunities, address their challenges, and help develop their businesses. The industries the Boston Consulting Group participates in include:

  • Automotive and Mobility
  • Biopharmaceuticals
  • Consumer Products
  • Education
  • Engineered products and Infrastructure
  • Financial institutions
  • Health Care payers, providers, and services
  • Insurance
  • Media and Entertainment
  • Medical Devices and Technology
  • Metals and Mining
  • Oil and Gas
  • Power and Utilities
  • Principal Investors and Private Equity
  • Process Industries
  • Building Materials
  • Public Sector
  • Retail
  • Technology industries
  • Telecommunications
  • Transportation and Logistics
  • Travel and Tourism
History

Boston Consulting Group was founded in 1963 by Bruce Henderson as a consulting division of the Boston Safe Deposit and Trust Company. Initially the division advised clients of the bank, with the billings for the first month at $500.

Perspectives

In 1964, in an attempt to grow and market the consulting division, Bruce Henderson began publishing Perspectives, which were brief essays on strategy and industry. The small essays were published in a brochure which were small enough to fit in a coat pocket. These essays started as excerpted ideas from other publications, but soon Bruce Henderson and colleagues delivered their own ideas, including the growth share matrix and time-based competition.

With the success of their early Perspectives campaign, Boston Consulting Group has continued to publish industry analysis and reviews to evaluate changes and trends across the industries. This includes the publication of a strategy book for developing business strategies post-COVID-19 pandemic and the resulting economy.

Independence

In 1966, Boston Consulting Group acquired T.F.M. Adams and opened an office in Tokyo.

Bruce Henderson, in 1974, arranged an employee stock ownership plan so the employees could purchase the consulting division from The Boston Safe Deposit and Trust Company and take the consulting division independent. The company achieved independence in 1975.

Further reading

Title
Author
Link
Type
Date

BCG appoints Paul O'Rourke as global cybersecurity leader

Consultancy.com.au

Web

December 9, 2020

BCG Collaborates with Tencent Marketing Insight to Release 2020 BCG x Tencent Digital Luxury Report

Business Wire

Web

September 25, 2020

BCG Named a Digital Transformation Services Leader in Independent Research Report

Boston Consulting Group (BCG)

Web

November 17, 2020

BCG promotes Joe Butler and Koen Alfrink to partner

Consultancy.com.au

Web

November 17, 2020

BCG to Achieve Net-Zero Climate Impact by 2030

Boston Consulting Group (BCG)

Web

September 1, 2020

Boston Consulting Group Publishes New Landmark Strategy Book for Building Sustainable Business Advantage in Challenging Post-COVID Era

Boston Consulting Group (BCG)

Web

October 6, 2020

Consulting firm plans $18M Atlanta expansion, hiring 331

The Associated Press

Web

December 4, 2020

Tech Challengers Lead Innovation in Emerging Markets

Boston Consulting Group (BCG)

Web

November 17, 2020

Infobox
Also known as
BCG
Business model
Licensing
Company status
Active
Email address
rec.prc@bcg.com
Number of Employees (ranges)
10,000 – 49,999
Phone number
+912267497000
Categories
Timeline

December 10, 2020

Mai-Britt Poulsen new leader of Boston Consulting Group in UK, Netherlands, and Belgium.

December 9, 2020

Boston Consulting Group appoints Paul O'Rourke as global cybersecurity leader

December 4, 2020

Boston Consulting Group announces plans for $18 million Atlanta expansion, hiring 331 new employees.

November 17, 2020

Boston Consulting Group promotes Joe Butler and Koen Alfrink to partner

November 17, 2020

Boston Consulting Group named a digital transformation services leader in independent research report

October 26, 2020

Boston Consulting Group and Microsoft collaborate to launch BCG's catalyst cloud solution on Azure, a scalable and extensible data platform for the Bionic Corporation

October 6, 2020

Boston Consulting Group publishes new strategy book for building sustainable business advantage in post-COVID era

September 1, 2020

Rich Lesser, CEO of Boston Consulting Group, announced a new climate commitment for the firm that will deliver net-zero climate impact by 2030.

June 18, 2020

Leo Andronis joins Boston Consulting Group as a partner in its Madrid office.

June 10, 2020

AI firm DataRobot has acquired Boston Consulting Group's Source AI.

March 12, 2020

Boston Consulting Group announced global sales of $8.5 billion for 2019, with underlying revenue growth of 14% at constant exchange rates.

February 10, 2020

L1ve Will Welcome Boston Consulting Group's Paris Office

2020

BCG Collaborates with Tencent Marketing Insight to Release 2020 BCG x Tencent Digital Luxury Report
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Founded date
January 1, 1963
Number of employees
18,500
Lea Isabella Boreland
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Boston Consulting Group (BCG) is an American management consulting firm founded in 1963. The firm is one of the world's three largest strategy consulting firms by revenue.

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Wikidata entity ID
Q135635
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Boston Consulting Group

Boston Consulting Group is a global management consulting firm founded in 1963 by Bruce Henderson.

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Edits on 8 Sep, 2018
Golden AI"Import structured data from Wikidata.org: https://www.wikidata.org/wiki/Q135635"
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