By Philipp Carlsson-Szlezak, Paul Swartz

This article originally appeared on WEForum.org

The idea that technology drives productivity growth is both a commonplace and a common frustration. Economies operating at or near the technological frontier have long seen sagging trend growth rates despite marvelous technology — from artificial intelligence to bioengineering to robotics — proliferating at breakneck speed.

This matters because productivity, or output per input, pays for higher wages and is the foundation of long-run prosperity. …


Guest article

The best companies will get back to the office — it’s the only way workers can read the room and optimally align their interactions.

By Thomas Fink

The shorter version of this article appeared in the Daily Telegraph on June 6, 2021.

To go back in or not to go back in? That, as we emerge from the biggest remote-working experiment in history, is very much the question. At a glance, it looks like a conundrum. Yet when you analyse what work is, and how it functions, it turns out there is a fundamental reason why office-based work will always have the edge over the remote-working option.

In any company — from a tech start-up to a bank to the physics institute where I…


Thinkers & Ideas

Interviewed by Philipp Carlsson-Szlezak

Jeffrey Garten was Dean of the Yale School of Management until 2005, before that Undersecretary of Commerce for International Trade, and before that a Wall Street investment banker. In his new book, Three Days at Camp David: How a Secret Meeting in 1971 Transformed the Global Economy, he tells a detailed narrative of the forces and protagonists that led up to the “Nixon Shock” and the breakdown in the gold standard that altered the post-war economic order.

In a conversation with Philipp Carlsson-Szlezak, BCG’s global chief economist, Garten argues that the “Nixon Shock” was the right…


Thinkers & Ideas

Interviewed by Martin Reeves

Rob Lachenauer is the CEO at BanyanGlobal, an organization that advises the owners of the world’s leading family enterprises on strategy and governance.

He recently co-authored a book, Harvard Business Review Family Business Handbook: How to Build and Sustain a Successful, Enduring Enterprise, that provides an overview of the success factors for family businesses, based on his experience as a family business advisor.

In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute, Lachenauer argues that family businesses can represent both the best and worst forms of capitalism, outlines what separates the best from…


By Philipp Carlsson-Szlezak, Paul Swartz

This article originally appeared on Fortune.com

Inflation has dominated the economic debate of recent months, ranging from fears about runaway price growth to fears that tighter monetary policy could smother the recovery prematurely. Yet neither inflation nor hawkish “policy errors” by the Federal Reserve have ended an economic expansion in the past 30 years — bubbles have. And while the financial losses and economic headwinds that follow in the wake of bubbles have given them a bad reputation, there is more to bubbles than meets the eye.

Continue reading on Fortune.com

About the authors

Philipp Carlsson-Szlezak is a partner…


Thinkers & Ideas

Interviewed by Martin Reeves

Tsedal Neeley is Professor of Business Administration at the Harvard Business School. Her work focuses on how leaders can scale their organization by developing and implementing global and digital strategies and regularly advises top leaders who are embarking on virtual work and large-scale change that involves global expansion, digital transformation, and becoming more agile.

The rapid changes brought on by Covid-19 were unprecedented but remote work (and the concerns that accompany it) are not new. …


By Philipp Carlsson-Szlezak, Paul Swartz

While the inflation debate is here to stay, its first chapter — call it The Inflation Panic of Early 2021 — has come and gone. As we enter the second half of 2021, panicky narratives of runaway inflation, of a return to 1970s structural inflation, and of a Fed presiding over dovish policy mistakes have run out of steam. The easing of inflation fears — which always played out more in headlines than in markets — can be traced to four drivers, all which were visible throughout the last few months:

(1) Many headline-grabbing price…


Thinkers & Ideas

Interviewed by Martin Reeves

Ram Charan is a world-renowned business advisor, author, and speaker who has spent the past 40 years working with many of the top companies, CEOs, and boards.

Ram has authored over 30 books since 1998 that have sold over 4 million copies in more than a dozen languages. His recent book, Rethinking Competitive Advantage, explains the source of digital giants’ competitive advantage and describes the path for other companies to develop their own.

In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute, Ram provides an overview of how leaders — of both traditional…


An Imperative in Good Times Too

by Martin Reeves, Tom Deegan, and Lars Faeste

During the Covid-19 crisis, resilience rose to the top of the strategic agenda with many leaders also indicating a desire to extract lessons to increase preparedness for future crises. Although less emphasized in stable periods, our research indicates that resilience creates significant value and does so well beyond times of crisis. Nearly two-thirds of long-run outperformers do better than peers in response to shocks.

Crises often precipitate or accentuate the need to transform because of the immediate pressure on performance. Crisis-driven transformations often aim to ameliorate performance pressure by increasing cost and…


Thinkers & Ideas

Interviewed by Philipp Carlsson-Szlezak

Philippe Aghion is professor of economics at the London School of Economics and Collège de France and INSEAD, and formerly of Harvard University.

He joins BCG Global Chief Economist Philipp Carlsson-Szlezak in conversation to discuss his new book The Power of Creative Destruction: Economic Upheaval and the Wealth of Nations, a broad take on the different variants of capitalism and their shortcomings. Among other things, the conversation zooms in on the trade-off between innovation/growth and social protection and what could be done to balance these more effectively. Prof. …

BCG Henderson Institute

The Boston Consulting Group's strategy think tank, dedicated to sharing ideas and inspiration that help forward thinking leaders shape their next game.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store