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Boston Consulting Group

Headquarters: Exchange Place, 31st floor
Boston, MA 02109
Employees: 6,000
CEO: Rich Lesser
Employee-owned company
Website
: http://www.bcg.com

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Boston Consulting Group is a management consulting firm with 78 offices in 43 countries worldwide.

A majority of BCG clients rank among the 500 largest corporations in North America, Asia, Europe, and Australia. BCG also advises mid-sized companies, nonprofit organizations, and government agencies. Worldwide, the firm also works on a pro bono basis for worthy organizations and efforts.

Areas of expertise for the firm include:

Industries
consumer
energy
financial services
health care
industrial goods
media & entertainment
retail
technology & communications
travel & tourism
Functions
branding
corporate finance
e-commerce
globalization
information technology
innovation
intellectual property
marketing & sales
operations
organization
postmerger integration
strategy

The firm reported revenue of $3.7 billion in 2012.

Boston Consulting Group has been named one of The Best Companies to Work For in America by Fortune magazine for eight straight years.

BCG's consultants reflect the company's standards and global outlook. A majority of BCG's consultants have advanced degrees from leading business schools-including the University of Chicago, Harvard, INSEAD, Kellogg, Stanford, and Wharton.

Hours can be long at the company depending on the project with 60-hour work weeks not uncommon. Travel can also be extensive.

History

In 1963, Boston Consulting Group is founded by Bruce Henderson as the Management and Consulting Division of the Boston Safe Deposit and Trust Company - itself a subsidiary of The Boston Company.

In 1968, The Boston Company spins off BCG as a separate subsidiary.

In 1875, BCG stock is sold to its employees through an employee stock ownership plan (ESOP) as a means of purchasing the company from The Boston Company. It's one of the nation's first ESOPs.

Updated May 27, 2013

 

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