Continuity Change at Boston Consulting Group
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“Throughout my 5 years of consulting at Boston Consulting Group, I witnessed continuous change in the organization. The company’s structure, culture, and leadership remained largely the same. Yet, the clients we served were often unfamiliar with these changes. As I was going through my work, I was trying to understand the clients’ contextual differences between my existing assignments and the new projects.” The transition was gradual, but noticeable. I remember an assignment where our client was a small startup that was just starting to build its brand. It was
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In recent years, Boston Consulting Group (BCG) has made a significant change in the way they work. The consultancy firm changed their focus from being an independent think-tank, working on long-term strategic plans, and strategic consulting projects, to becoming a more nimble, rapid-response consultancy firm, where they help their clients solve issues in near real-time. As of December 2015, this change has resulted in the loss of several consultancy projects, and has resulted in a shift of the focus of the company’s
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In a fast-paced business environment, keeping up with all the changes is critical. For Boston Consulting Group, it means keeping up with a continuity of their leadership. I have spent over 20 years with Boston Consulting Group and over that time we have had 7 leaders. additional reading The first 3 were founding partners (John F. Collins, Bob Davenport, and G. Wayne Clough), followed by 3 presidents (Charles S. Rangel, Thomas W. Evans, and Jeffrey L. Yabuki).
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Boston Consulting Group is one of the world’s leading management consulting firms and I worked as an Assistant Vice President. In this role, I focused on financial analysis and planning. The most common scenario is that new projects are rolled out for the entire team. The company also invested in internal training for better efficiency and profitability. Sometimes, this happens to a subcontractor as well. For instance, I managed a project for a small startup and it resulted in a lot of changes. One of the most challenging parts was
BCG Matrix Analysis
I worked at Boston Consulting Group (BCG) for a period of two years as a project manager, and here’s how Continuity Change came into the picture: During my first year at BCG, the firm underwent continuous change. New hires were brought in, some new services were launched, and the company culture was changing. Every new member came with their own ideas, opinions, and expectations. The same applied to the people I worked with. Some people’s experience was different. Some were promoted to project manager positions,
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In March 2019, it’s hard to imagine that in the past year, the company I worked for, Boston Consulting Group (BCG), underwent a dramatic change in leadership structure. When I joined BCG in 2016 as a Partner and Business Consultant, the company was an organization that was on the rise, one that was rapidly diversifying its services and expanding into new markets, regions, and industries. Today, the company is in a transformation mode, where the leadership team was
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I have been working at BCG for over two years now, and have observed two main changes in our company: 1. Consistency in communication: We have always encouraged open and transparent communication with our clients and associates. However, during this time of COVID-19, we have seen a considerable shift to remote communication. 2. Continuity in change management: We have always had a strong commitment to continuous change management within our organization. However, during the pandemic, we have seen our clients demanding a rapid response to changes in the market