Private | |
Industry | Management consulting |
Founded | 1963 |
Founder | Bruce Henderson |
Headquarters | Boston, Massachusetts, U.S. |
Number of locations
|
88 offices |
Area served
|
All Sovereign Nations |
Key people
|
Rich Lesser, President & CEO |
Revenue | $5 billion (2015) |
Number of employees
|
6,200 consultants worldwide (12,000 total staff) |
Website | bcg.com |
The Boston Consulting Group (BCG) is an American worldwide management consulting firm with 88 offices in 48 countries. 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 (MBB). Considered one of the most prestigious management consulting firms in a branche-internal survey, BCG was ranked third in Fortune's "100 Best Companies to Work For" in 2016.
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 , and employees spun-off BCG from The Boston Company. The buyout of all shares was completed in 1979.
In January 2013, Rich Lesser became the sixth president and chief executive officer of BCG.
In June 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 2018.