much on references to primary sources . please improve this by adding secondary or tertiary sources . may 2016 learn how and when to remove this template message the boston consulting group type private industry management consulting founded 1963 headquarters boston massachusetts u.s. key people rich lesser president & ceo revenue 5 billion 2015 1 number of employees 6 200 consultants worldwide 12 000 total staff 2 website bcg.com the boston consulting group bcg is an american worldwide management consulting firm with 85 offices in 48 countries . citation needed the firm advises clients in the private public and not for profit sectors around the world including more than two thirds of the fortune 500 and is one of the big three strategy consulting firms . citation needed considered one of the most prestigious management consulting firms in a branche internal survey 3 bcg was ranked second in fortune s 100 best companies to work for in 2015 . 4 contents 1 history 2 awards and recognitions 3 recruitment 4 developed concepts 4.1 growth share matrix 4.2 experience curve 4.3 advantage matrix 5 publications 5.1 books 5.2 perspectives 6 notable current and former employees 7 see also 8 references 9 external links history edit the company was founded by bruce d. henderson a vanderbilt university and harvard business school alumnus . after many years in the purchasing department of westinghouse in pittsburgh where pricing behavior gave him the idea of the experience curve he joined arthur d. little in cambridge massachusetts . he was then recruited by the boston company where he founded a one man one telephone consulting unit he named boston consulting group . in 1975 henderson arranged an employee stock ownership plan and employees spun off bcg from the boston company . the buyout of all shares was completed in 1979 . 5 in january 2013 rich lesser became the sixth president and chief executive officer of bcg . in june of 2016 the boston business journal reported bcg would be consolidating their two boston offices and moving into a new 13 story 370 000 square foot building on the city s south boston waterfront . the headquarters will be located at the site of the former anthony s pier 4 restaurant and it is due to be completed by june of 2018 . 6 awards and recognitions edit bcg received the top spot in consulting magazine s 2014 the best firms to work for ranking released in september 2014 . 7 fortune magazine ranked bcg second in its 2011 2012 lists of the top 100 best companies to work for . 8 the 2016 rankings by fortune listed bcg as the third best company to work for . 9 and in 2015 bcg ranked second . bcg has also been listed in consulting magazine s best firms to work for list every year since 2001 10 received a perfect score on the corporate equality index 11 formulated by the human rights campaign for the past six years 12 and been rated by working mother magazine 13 as one of the best companies for working mothers for the past six years . 12 recruitment edit bcg s recruiting process is notoriously demanding typically taking candidates through multiple rounds of case and experience based interviews . in 2013 career review site glassdoor ranked bcg as the 3rd most difficult company with which to interview . 14 developed concepts edit growth share matrix edit main article growth share matrix bcg matrix of example data set in 1968 bcg created the growth share matrix a simple chart to assist large corporations in deciding how to allocate cash among their business units . the corporation would categorize its business units as stars cash cows question marks and dogs originally pets and then allocate cash accordingly moving money from cash cows toward stars and question marks that had higher market growth rates and hence higher upside potential . 15 16 17 experience curve edit main article experience curve effects the experience curve illustrates that the more often a task is performed the lower the cost of doing it will be . the task can be the production of any good or service . each time cumulative volume doubles value added costs including administration marketing distribution and manufacturing fall by a constant and predictable percentage . bcg founder bruce henderson expounded the implications of the experience curve for strategy . 18 bcg research concluded that because relatively low cost of operations is a very powerful strategic advantage firms should capitalize on these learning and experience effects . 19 advantage matrix edit for more details on this topic see boston consulting group s advantage matrix . in this matrix the two axes are economies of scale and differentiation . the four quadrants formed are called volume stalemated specialized and fragmented . publications edit books edit yves morieux and peter tollman six simple rules how to manage complexity without getting complicated 2014 . isbn 1422190552 luc de brabandere and alan iny thinking in new boxes a new paradigm for business creativity 2013 . isbn 0812992954 michael deimler rich lesser david rhodes and janmejaya sinha own the future 50 ways to win from the boston consulting group 2013 . isbn 9781118591703 michael j. silverstein abheek singhi carol liao and david michael the 10 trillion dollar prize captivating the newly affluent in china and india 2012 . isbn 1422187055 david rhodes and daniel stelter accelerating out of the great recession 2010 . isbn 0071718141 michael j. silverstein and kate sayre . women want more how to capture your share of the world s largest fast growing market 2009 . isbn 0061776416 harold l. sirkin james w. hemerling and arindam k. bhattacharya . globality competing with everyone from everywhere for everything 2008 . isbn 0446178292 carl w. stern and michael s. deimler the boston consulting group on strategy 2006 . a collection of articles on strategy and management . isbn 0471757225 james p. andrew and harold l. sirkin payback reaping the rewards of innovation harvard business school press 2006 . isbn 1422103137 michael j. silverstein with john butman treasure hunt inside the mind of the new consumer 2006 . isbn 1591841232 luc de brabandere the forgotten half of change achieving greater creativity through changes in perception 2005 . isbn 1419502751 colin b. carter and jay w. lorsch back to the drawing board designing corporate boards for a complex world 2004 . isbn 1578517761 rob lachenauer and george stalk hardball are you playing to play or playing to win 2004 . isbn 1591391679 michael j. silverstein and neil fiske trading up why consumers want new luxury goods and how companies create them 2003 . isbn 1591840708 jeanie daniel duck the change monster the human forces that fuel or foil corporate transformation and change 2002 . isbn 0609808818 arun maira shaping the future leadership through communities of aspiration in india and beyond 2002 . isbn 0471479195 david c. michael and greg sutherland asia s digital dividends how asia pacific s corporations can create value from e business 2002 . isbn 0471479179 tiha von ghyczy bolko von oetinger and christopher bassford clausewitz on strategy wiley 2001 . isbn 0471415138 bolko von oetinger a passion for ideas how innovators create the new and shape our world 2001 . isbn 1557532095 philip evans and thomas s. wurster blown to bits how the new economics of information transforms strategy 1999 . isbn 087584877x carl w. stern and george stalk jr. eds . perspectives on strategy from the boston consulting group 1998 . isbn 0471248339 george stalk jr. and thomas m. hout competing against time 1990 . isbn 0743253418 james abegglen and george stalk kaisha the japanese corporation 1985 . isbn 0465037119 bruce d. henderson the logic of business strategy 1984 . isbn 0890115265 ira magaziner and tom hout japanese industrial policy 1980 . isbn 0877255156 bruce d. henderson henderson on corporate strategy 1979 . isbn 0890115265 perspectives edit in 1964 bcg began mailing concise essays designed to stimulate senior management thinking on a range of business issues . 20 the pieces would be called perspectives . considered provocative ideas on business bcg founder bruce d. henderson referred to them as a punch between the eyes . 20 example perspectives are the product portfolio 1970 . 21 22 the pricing paradox 1970 . 21 the rule of three and four 1976 . 23 24 sustained success 1984 . 25 time based results 1993 . 26 notable current and former employees edit main article notable employees of boston consulting group see also edit big three management consultancies references edit bcg today . the boston consulting group . 2016 . retrieved 5 july 2016 . bcg today . the boston consulting group . 2016 . retrieved 5 july 2016 . the most prestigious consulting firms . forbes . 2011 . retrieved 20 march 2014 . 100 best companies to work for . fortune . 2014 . retrieved 20 march 2014 . about bcg harris david l. 2016 06 27 . boston consulting group will move hundreds of workers to seaport . boston business journal . retrieved 2016 06 28 . 1 fortune magazine 100 best companies to work for 2011 fortune magazine 2 consulting magazine . consultingmag.com . retrieved 2012 02 11 . human rights campaign employer database . retrieved 2013 03 15 . a b bcg awards . retrieved 2013 03 15 . working mother . retrieved 2013 03 15 . glassdoor interview rankings the product portfolio bcg january 1970 the experience curve reviewed bcg fripp geoff . overview of the bcg matrix guide to the bcg matrix hax arnoldo c. ; majluf nicolas s. october 1982 . competitive cost dynamics the experience curve . interfaces . 12 5 50 65 . doi 10.1287 inte .12.5.50 . henderson bruce 1974 . the experience curve reviewed v. price stability pdf . perspectives . the boston consulting group . archived from the original pdf reprint on march 6 2006 . retrieved march 24 2007 . a b bcg history timeline . retrieved 2013 03 08 . a b bcg history timeline . retrieved 2013 03 08 . the product portfolio . perspectives . the boston consulting group . retrieved 2013 03 08 . bcg history timeline . retrieved 2013 03 08 . the rule of three and four . perspectives . the boston consulting group . retrieved 2013 03 08 . bcg history timeline . retrieved 2013 03 08 . bcg history timeline . retrieved 2013 03 08 . external links edit official website official website publishing bcg research bcg perspectives v t e consulting firms management consulting mckinsey & company bain & company boston consulting group accenture booz allen hamilton a.t. kearney bearingpoint l.e.k. consulting marsh & mclennan companies oliver wyman roland berger company arthur d. little kurt salmon huron consulting group capgemini deloitte monitor deloitte ernst & young pricewaterhousecoopers kpmg sia partners strategy & cra international accounting and finance consulting deloitte ernst & young pricewaterhousecoopers kpmg bdo international grant thornton international fti consulting capco analysis group milliman it consulting cognizant cgi group computer sciences corporation fujitsu hitachi consulting hewlett packard enterprise services ibm global services atos infosys tata consultancy services unisys slalom consulting sopra steria business & decision cambridge consultants avanade sogeti human resource consulting mercer consulting firm towers watson aon hewitt hay group hewitt associates people founders james o. mckinsey marvin bower bill bain consultant bruce henderson roland berger arthur dehon little edwin g. booz james l. allen managing directors dominic barton rich lesser orit gadiesh charles douard bou e areas of expertise management consulting human resource consulting information technology consulting economic consulting risk and strategic consulting tax advisor audit assurance services financial adviser public sector consulting performance consulting biotechnology consulting others big three management consultancies big four accounting firms consulting firm case interview enron scandal business 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