Thursday, April 1, 2010

Boston Consulting Group

Hans-Paul Buerkner is a President and CEO of Boston Consulting Group.he soluted the problem of employee and he said to his own words that about management skills.

The Boston Consulting Group (BCG) is an international strategy and general management consulting firm. Founded in 1963 in Boston by Bruce D. Henderson, a former Bible salesman, BCG had just $500 billings in the first month of operation and the number of its consultants was only two. Today it has grown into one of the most prestigious and biggest consulting firms in the world, with a revenue of US$1.8 billion in 2006 and more than 3,300 consultants working in 63 offices in 37 countries.

The Boston consulting group competition ,a group case study challenge,was held at Auckland University of Technology on July 6 and 7.This group is given with the help of only three text books,they also analyse a business case and come up with plan. Mr Guy, team coach and coordinator said "the brightest and the best" were chosen to represent the masters of business and administration and the management department.

Boston Consulting Group (BCG) is a global management consulting firm and the world's leading advisor on business strategy. Boston Consulting Group partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

“The Boston Consulting Group employees are most connected to:” McKinsey and Company. Whose clients include GM and Ford. Small word. Big bill. Yours.

It would be hard for a critic to reject a BCG finding out of hand because of the power of the brand. Engaging a firm at that tier is a smart move. If Rattner is buddies with them, so much the better — he needs to feel confident that the consultant’s report will back up his own. OTOH, $8 million dollars sure is a lot for that kind of work, and it’s absolutely nothing but human labor and bit of travel expense.

In The Buyout of America, (reviewed in the December 2009 issue of HousingWire) author Josh Kosman suggested such woes would be similar to the subprime meltdown. Kosman writes that the private-equity market would bust when more than $1trn in debt comes due between 2012 and 2015. Another study done by Boston Consulting Group (BCG) in 2008 forecasted that almost half of the world’s private equity-backed companies would default.

According to PEC, the BCG study “significantly overstated the problem,” and default rates register roughly 30% below its projections.

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