Case study of the BGC company

High School ・Business ・APA

The achievement of the Boston Consulting Group was linked to different factors that can be grouped into human capital resources and innovative strategies. As a part of the human resource capital, Lesser’s experience and educational background can be said to be the reason behind the growth of the company. The achievement of the company was also motivated by the company’s aim on enduring its relationship with its consumers. The good relationship with its consumers has been the reasons for the improvement in the demand for the company’s products. As a part of the company’s relationships with its consumers, the company also aims on keeping clients confidentiality. The company was based on a solid foundation and this has over the years been vital for the company’s expansion.

BCG’s culture has always been supportive of innovation and this has been instrumental in the enhancement of the company’s productivity. The company developed a more formal organizational structure that have been vital in building connections as a way of enhancing communication and transfer innovative seeds throughout its networks. Moreover, most of the BCG’s consultants operate under a decentralized approach to innovation and this helps in the spread of innovative ideas around the firm via relatively informal networks. Some of the key competencies that practising consultants at BCG need to embrace include potential value for ideas, they have to be flexible, the consultants were encouraged to look for new ideas and they have to ensure that they are a part of the strategic goals and objectives of the firm. The company has a collaborative organizational structure and this has been instrumental in the success of the company.

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