View from the Vices: Risk
Admiral Bill Lescher, General Joe Martin, and General Seve Wilson—former vice chiefs of the US Navy, Army, and Air Force, respectively—join BCG’s Elton Parker to discuss transforming risk into opportunity.
Defense and security institutions are under pressure to protect citizens from ever-expanding threats while grappling with technology updates, rising costs, and operational challenges. BCG’s defense consulting team helps clients boost both their effectiveness and efficiency.
For defense and security agencies worldwide, doing more with less has never been more difficult. They must keep raising the bar in an operating environment awash in fresh challenges.
Defense and security institutions turn to BCG to surmount these challenges because of our extensive experience in both the private and public sectors. We excel at tailoring private-sector best practices to our defense and security clients’ unique goals—such as improved equipment reliability, vital operating-model innovation, and significant run rate savings. These impressive outcomes help defense and security agencies and public safety organizations provide for the comfort, safety, and security of their citizens.
We bring a powerful suite of offerings to each defense and security client:
Data Can Help Reduce Recidivism and Reform Criminal Justice. When formerly incarcerated people remain out of prison, their lives and the local economies improve. New analytic methods point to which kinds of programs work best to lower the rates of recidivism.
Focus on ACE. We applied our commercial experience and best practices in purchasing for a defense industry agency and drove a large-scale category management transformation, enabling the agency to achieve $100 million in run rate savings.
Focus on Organizational Transformation and Digital Innovation. BCG partnered with a new public-sector enterprise to benchmark relevant international entities’ best practices and develop an overall defense strategy, as well as design an operating model and establish a roadmap for implementation.
Focus on Sustainment Modernization. BCG helped a defense and security client dramatically increase an aircraft’s mission-capable rates by enhancing maintenance, spare parts and supply chain management, and governance, accountability, and reform.
This web platform enables our defense industry clients to swiftly evaluate proposals and manage end-to-end product procurement. Clients use this tool to uncover and maximize savings opportunities, which average roughly 20%; access commercial benchmarks and best practices; and achieve best-value negotiation success—negotiation preparation processes have been accelerated by as much as 30%.
We help defense industry clients secure the most reasonable prices from suppliers over time by replacing an overreliance on use of actuals with three alternative best practices.
BCG’s four-step cost transparency approach facilitates better budget management by enabling defense and security decision makers to rapidly uncover cost management insights.
Admiral Bill Lescher, General Joe Martin, and General Seve Wilson—former vice chiefs of the US Navy, Army, and Air Force, respectively—join BCG’s Elton Parker to discuss transforming risk into opportunity.
Major change programs can be tough for defense organizations, but the right approach can help them emerge better equipped to fight and win in the future.
Defense ministries can innovate more effectively with allied countries, companies, and other institutions, provided that they focus on five clear actions.
As today's economic and security risks become more complex, interconnected, and disruptive, governments need to learn from the private sector and turn risk-management into a competitive advantage.
We staff our defense and security consulting projects with highly qualified personnel, many of whom have direct experience in defense and security agencies. Here are some of our team members.