New Global Challengers Pose Growing Threat to Established Industry Leaders, According to a New Report by The Boston Consulting Group
December 03, 2007 05:00 ET | The Boston Consulting Group
NEW DELHI, INDIA--(Marketwire - December 3, 2007) - Companies from rapidly developing economies (RDEs) are globalizing so quickly that they pose an urgent threat to industry leaders, The Boston...
BCG Report: Growth Climate Toughening for Asset Managers; Fast Action Needed to Protect Client Bases and Sustain Profits
November 30, 2007 00:01 ET | The Boston Consulting Group
LONDON--(Marketwire - November 30, 2007) - Hypercompetition, increasingly demanding clients, and incursion from players such as investment banks are bearing down on asset managers, requiring them to...
Subprime Crisis Hit Investment Banks Hard in Third Quarter, but Business Models Remain Sound, Says BCG
November 19, 2007 12:11 ET | The Boston Consulting Group
NEW YORK, NY--(Marketwire - November 19, 2007) - Leading investment banks felt the effects of the subprime crisis in the third quarter and should take steps to strengthen their risk management...
BCG Report: Tighter Competition and Shrinking Margins Leading to Shakeout in Retail Banking Industry
November 15, 2007 00:01 ET | The Boston Consulting Group
FRANKFURT, GERMANY--(Marketwire - November 15, 2007) - Retail banks, facing intensifying competition and continuously declining margins around the globe, must take forceful steps both to protect and...
Global Business Advisor Tells Firms to Avoid the Blame Game; 'Low Cost Has Its Own Cost: The Need for Extra Vigilance'
October 25, 2007 12:33 ET | The Boston Consulting Group
CHICAGO, IL--(Marketwire - October 25, 2007) - A leading international business consultant says Western executives should stop blaming Chinese suppliers and vendors for unsafe and shoddy products and...
Better Insight Needed to Win Consumers in Fast-Changing China
October 24, 2007 00:01 ET | The Boston Consulting Group
BOSTON, MA--(Marketwire - October 24, 2007) - Most global consumer companies understand that succeeding in China is an imperative. Yet too many have concentrated on footprint expansion and near-term...
Global Wealth Climbs 7.5 Percent in 2006, Nearing $100 Trillion
October 04, 2007 00:01 ET | The Boston Consulting Group
ZURICH, SWITZERLAND--(Marketwire - October 4, 2007) - Global wealth grew by 7.5 percent in 2006 to reach $97.9 trillion, measured in local currencies. This increase marked the fifth consecutive year...
Successful Value Creation Requires Avoiding the 'Cash Trap'
October 02, 2007 00:01 ET | The Boston Consulting Group
BOSTON, MA--(Marketwire - October 2, 2007) - A combination of record profits, strong balance sheets, and modest growth opportunities is creating a "cash trap" that is a drag on near-term total...
BCG Report Highlights Need for Global Approach to Talent
September 19, 2007 00:01 ET | The Boston Consulting Group
BOSTON, MA--(Marketwire - September 19, 2007) - While many companies have successfully gone overseas in search of lower labor costs, few have developed a comprehensive, global strategy to hiring and...
Investment Banks Can Capture Growth in the Middle East With Local Offerings, BCG Report Says
September 04, 2007 12:34 ET | The Boston Consulting Group
NEW YORK, NY--(Marketwire - September 4, 2007) - Global investment banks can find attractive opportunities for growth in the Middle East, but must navigate turbulent waters to build a strong...