Company Overview
Highlights
One of the most prestigious management consulting firms in the world.
Heavier focus on strategy and operations projects than competing firms.
Has won many awards, among those in 2007: second place in Consulting magazine’s “Best Firms to Work For: 2007”; one of Working Mother’s “100 Best Companies for Working Mothers”; and number eight in Fortune’s list of the “100 Best Companies to Work For,” as well as fifth on its list of “100 Top MBA Employers.”
Founded in 1963, BCG came to prominence in the 1970s when it began challenging industry giant McKinsey at its own game. Aiming straight at CEO-level strategy work, it grabbed clients, headlines, and top MBA talent, demonstrating that McKinsey was not the be-all and end-all of consulting. From the outset, BCG studiously put in the effort required to be an innovative industry leader. The company developed a number of analytical tools that quickly wrote the firm into the management consulting canon, including time-based competition, disease management, the experience curve, and the ubiquitous “cash cows, dogs, stars, and question marks” two-by-two matrix. The firm’s 3,300 consultants work across a broad scope of industries, offering a range of services like branding, marketing, corporate finance, globalization, and strategy, among others, mainly to large corporate clients. In 2004, CEO Hans-Paul Bürkner initiated a program to create new firm-wide initiatives on career development, alumni relations, work-life balance, and women’s issues. In 2005, BCG reported strong growth and hiring plans. The growth continued in 2006 and 2007, with substantial gains in revenue and the number of employees in the United States and abroad.