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Saturday, March 2, 2019

Boston Consulting SWOT Analysis Essay

Boston Consulting Group has clearly defined that their biggest summation is their people. The group offers an extensive training and summer internship program to prepare the interested, passing experience and motivated future consultant of Boston Consulting. The group offers operate in 43 countries and their experienced and trained pool of consultants come from a miscellany of experiences and floriculture. Boston consulting also assures their lymph glands that a cooperative work aggroup is the one priority.Strategic PlanningBoston Consulting Group believes in strategicalal jut outning as a whole, meaning with their client involved. The group strives on strategic planning and is their biggest driven agenda with entering a spick-and-span client. The group does not operate on policies of templates and redundant reorganizing of the company. They welcome ideas and yeasty suggestions for an effective strategic planning. Every client is different in culture and operations. In both client the group searches for sensitive ideas and works with the collaborative approach to its client for strategic succeeder. The group believes that working daylight to day and side by side with the client supports a higher takings of productivity and achieving company goals. This approach also gives us the consulting group a greater experience of their industry and on the wholeows for venturing in other market growths for the client and fosters other learning experiences for our consultants. The firm creates a five-year plan for its clients and assists in every step to implement the plan through operable planning.StakeholdersAs presented in the bone up analysis one of our external stakeholders include outside businesses and the ordinary business population. The group also provides pro bono work for many non-profit agencies and provides consulting advice such(prenominal) as in the high technology area and also advice to carrying out assistance. The firm also special izes in the turn around approach thatimplements the operational and strategic planning. This will allow for a quicker response for companies that get hold of immediate assistance and assist with company growing pains. once the strategic plans are identified and agreed upon an operational plan is put in organize to roll out and go live on implementing the plan for company successes, quick results, and goals completed. Company and clients successes greatly impact the internal stakeholders as well. Other ideas and experiences are obtained throughout the reorganization of a company or even its restructure. All parties involved leave the completion with gained knowledge and a sense of satisfaction once an operational plan is completed.ConclusionOnce voids in a company has been identified and focused on it allow for the firm to recommend other ideas for the company for continued future success and even other joint ventures if any. In conclusion, Boston consulting group was 8 on the ev ent 100 list of scoop companies to work for and 3 in 2014. Employees consecrate identified the companys culture as busy, flexible and ever changing. A place for new and extensive ever-moving assignments all over the world. The company has worked in china and focused on the studies in operations and strategy, to overcome challenges in the China operations. Benchmarks and global strategies were discussed in this study. It is the spot of four in a series of special reports on China by The Boston Consulting Group and KnowledgeWharton. Listed below is an image of their hit the books analysis. Part of the weaknesses of the SWOT analysis is the tough competitors, which in Boston consulting groups part is McKinsey and Bain.StrengthsWeaknessesBCG focuses on assisting companies with and efficient and effective business strategy and planning BCG has been out(prenominal) to international markets1st company to be awarded as the Best place to work for Tough contestation from other consul ting groups means market luck is limited Employees have a diverse experience for the robust achievement set for the jobOpportunitiesThreatsGetting into international business and evolving new innovation there rather than sticking only strategy Stiff competition from existing consulting industry playersTheir green initiatives can create a new opportunity of consultation for them Companies are not tantrum up their feature knowledge and training centers in crime syndicate.Also larger companies are setting up their own training and knowledge center in house to avoid high consulting fees. However the training and experience will never compare to the actual employees that have years of hands on historic experiences or and extensive education background. Boston consulting group continues to strive for the best and grow in more countries and work with a larger diversity in its near future. As 3 in the list of Fortune 500 companies for 2014, BCG will continue to excel in all areas of merged America and its ever-changing business industry and current challenges. The company and its leading also provide many business publications for their clients and the general public. Clients and employees alike have found great relationships, learning experiences and continued healthy relationships with Boston consulting group. indicationhttp//www.bcg.com/about_bcg/default.aspx. (2014). Boston Consulting Group. Retrieved from http//www.bcg.com/about_bcg/default.aspxThe Boston Consulting Group SWOT Analysis, (2014). Boston Consulting Group SWOT Analysis, 1-7

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