While it may seem counterintuitive, times of economic or business difficulty are exactly when midmarket companies should be exploring the power of transformation to improve.
Most company efforts to reduce expenses fail. Four challenges block the way: two reflecting what costs get cut, and two related to how value is delivered.
How BCG helped Oi, a leading Brazilian telco, save more than $280 million by optimizing its procurement processes.
Transformations start with actions that have immediate impact. Successful ones extend beyond that to deliver lasting value by reimagining every aspect of the business.
István Mag of MOL Group shares how AI—coupled with a solid business strategy and digital foundation—is helping the company transform its operations and expand its offerings.
Pessimism may rule the day. But business leaders who look to the future with optimism can guide their companies toward long-term success.
The initial 100 days are a time for boldness and clarity—a time when CEOs can express the purest form of their vision for the company.
In this video, Reshma Ramachandran, former transformation executive and current board member of Fortune 500 and FTSE 250 companies, shares her decades of experience, insights on the CEO's role during transformations, and key factors for leading teams to success.
The business environment just keeps getting tougher, but transformation is still an imperative. A new survey confirms that five measures can make a big difference in results.
Transformations are critical to building competitive advantage and delivering shareholder value. They are most successful when managed through a transformation office.
In a tough business environment, many companies in Europe face an urgent need to improve their operational and financial performance.
Companies can gain breathing room to operate under stressful conditions; withstand the scrutiny of shareholders, creditors, and regulators; and pursue market opportunities.
Working capital optimization can be invaluable—building profits, reducing debt, and boosting corporate strength—whether in day-to-day operations or in the face of a downturn.
When a company’s existence is on the line, the finance department needs a laser focus on short-term liquidity.
How BCG helped Oi, a leading Brazilian telco, save more than $280 million by optimizing its procurement processes.
The brewing company’s president and CEO discusses its recent transformation—what spurred it, details of the implementation, and early results.
Pandora CEO Alexander Lacik describes the three-pronged turnaround program that helped his company revive excitement about the brand and reconnect with customers—while also radically reining in costs.
By staying focused and scoring quick wins in its companywide transformation program, a world-leading fleet-management company created unprecedented new value for employees, clients, and shareholders. Equally impressive, it transformed its culture—strengthening transparency, agility, and accountability throughout the business.
Health care companies can unlock AI's potential and drive sales growth by prioritizing change management—not just technology—says BCG’s Basir Mustaghni.
Outreach’s new CEO, Abhijit Mitra, and BCG’s Japjit Ghai discuss how AI is boosting efficiency in sales while keeping humans at the center.
