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==Competitors==
==Competitors==
BCG most often competes directly for contracts with [[McKinsey & Company]], [[Booz Allen Hamilton]], [[Bain & Company]]and [[A.T. Kearney]].
BCG most often competes directly for contracts with [[McKinsey & Company]], [[Booz Allen Hamilton]], [[Bain & Company]] and [[A.T. Kearney]].


==Recruiting==
==Recruiting==

Revision as of 17:33, 19 October 2008

The Boston Consulting Group
Company typePartnership
IndustryManagement consulting
Founded1963
Headquarters Boston, Massachusetts
66 offices in 38 countries
Key people
Hans-Paul Bürkner, President & CEO
ProductsManagement consulting services
RevenueUS$ 2.3 billion (2007)
Number of employees
about 7,000
Websitewww.bcg.com
“BCG” redirects here. For other uses, see BCG (disambiguation).

The Boston Consulting Group (BCG) is a global management consulting firm, founded by Bruce Henderson in 1963. It has 66 offices in 38 countries, and its current CEO is Hans-Paul Bürkner.The company was formed when Henderson, a Harvard Business School alumnus, left Arthur D. Little to become CEO of the Boston Safe Deposit and Trust Company to start a consulting arm for the bank.

In 1973 Bill Bain and others left BCG to form Bain & Company, and two years later Henderson arranged an employee stock ownership plan (ESOP), so that the employees could take the company independent from The Boston Safe Deposit and Trust Company. The buyout of all shares was completed in 1979.

Competitors

BCG most often competes directly for contracts with McKinsey & Company, Booz Allen Hamilton, Bain & Company and A.T. Kearney.

Recruiting

BCG typically hires for an Associate or a Consultant position. Whilst so called "lateral hires" as Project Leader, Principal or Partner are possible, they are not the norm. BCG recruits MBA graduates to join as Consultants from the world's top business schools[1]. Additionally, increasing effort is being placed on hiring advanced non-business degree holders. Graduates holding JDs, MDs and PhDs in disciplines like engineering, science, and liberal arts receive training in business fundamentals and then typically join the firm as Consultants. There is also an opportunity to join as a Summer Associate or Summer Consultant (internship) position for 10 weeks, which for the majority of interns will result in an offer for full-time position.

Interview process

BCG uses the case method to conduct interviews, which is an interview technique designed to simulate the types of problems inherent in management consulting and to test the qualitative and quantitative skills deemed important for abstract thinking in a business setting.

Publications

Every year, BCG publishes articles, industry reports, government commissioned studies and books relating to particular industries or authorial practice areas. Many partners have written books on issues facing management in the modern business environment. Some recent publications:

Trading Up - Why Consumers Want New Luxury Goods and How Companies Create Them. By Michael J. Silverstein and Neil Fiske, 2003. A Business Week Bestseller and Berry AMA book prize winner.

Payback - Reaping the Rewards of Innovation. By James P. Andrew and Harold L. Sirkin, 2006. Published by the Harvard Business School Press, Payback has become a staple in the MBA curriculum.

Blown to Bits - How the New Economics of Information Transforms Strategy. By Philip Evans and Thomas S. Wurster, 2000.

Treasure Hunt - Inside the Mind of the New Consumer. By Michael J. Silverstein with John Butman, 2006.

The Change Monster - The Human Forces that Fuel or Foil Corporate Transformation and Change. Jeanie Daniel Duck, 2002.

Globality: Competing with Everyone from Everywhere for Everything[2]. By Harold L. Sirkin, James W. Hemerling and Arindam K. Bhattacharya, 2008.

BCG growth-share matrix

In the 1970s, BCG created and popularized 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", 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.

The chart was popular for two decades and "continues to be used as a primer in the principles of portfolio management," as BCG says.

Offices

Offices in Asia Pacific

Offices in Europe and the Middle East

Offices in the Americas

Notable current and former employees

Business

Politics and public service

Others

References

See also

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