The So What from BCG

 By the year 2035, we will likely be able to utilize AI to crunch complex data sets and produce far more accurate predictions of the future, for everything from stock market fluctuations to consumer trends. Already, meteorologists are using AI to improve weather forecasting—for instance, by more accurately predicting when a hurricane will make landfall. But BCG’s Alan Iny says this does not mean that business leaders will be able to dispense with planning for multiple scenarios. Predictions will never be perfect—and everyone will have access to the same tools—so strategic planning will remain critical even as it evolves in new ways.  Learn More: Imagine This: https://lnk.to/imagine-this-general-show09Alan Iny: https://on.bcg.com/4fCNDo5 Are Leaders as Prepared for Strategic Risks as They Think They Are?: https://on.bcg.com/3AXqw8J BCG on Corporate Finance and Strategy: https://on.bcg.com/496c3Ek CEO Moments of Truth: https://on.bcg.com/ITMoT  This podcast uses the following third-party services for analysis: Podtrac - https://analytics.podtrac.com/privacy-policy-gdrp

Karin von Funck, BCG’s global lead for zero-based transformation, explains why great cost transformation goes beyond spreadsheets. The best companies don’t slash expenses. They have a deep understanding of what drives value, a rigorous approach to spending, and a culture that supports smart decision making. Quick cuts may deliver short-term relief but can erode long-term growth—as well as the trust of employees.  Learn More: Karin von Funck: https://on.bcg.com/4iBZXqn BCG Latest Thinking on Cost: https://on.bcg.com/4iU0RhB Cost Management Remains an Executive Priority in 2025: https://on.bcg.com/41VTsYm This podcast uses the following third-party services for analysis: Podtrac - https://analytics.podtrac.com/privacy-policy-gdrp

Tibor Mérey, BCG’s global business leader in frontier tech, dives into the transformative power of extended reality (XR) for frontline workers. He highlights how AI-enabled headsets can enhance productivity and tackle labor shortages. The discussion features real-world examples, like Swiss railway workers using mixed reality for efficient repairs. Tibor addresses the importance of shifting mindsets in business leaders and emphasizes that embracing technology requires understanding worker perspectives for successful implementation.

Jens Baier, BCG’s HR transformation expert, shares insights on the evolving HR landscape. He highlights how AI is reshaping every phase of the employee life cycle, pushing HR into a more strategic role. The discussion dives into the increasing focus on job security among younger workers, who prioritize upskilling amidst rapid technological change. Jens emphasizes the need for companies to adopt innovative retention strategies that align with shifting employee expectations in a post-pandemic world.

Beth Viner, a leader in corporate venturing at BCGX and an expert in AI, discusses the untapped potential of AI to not just streamline operations, but to spark entirely new business ventures. She emphasizes the importance of innovation over mere risk mitigation, especially in sectors like drug discovery and the creative industries. Viner also highlights the need for organizations to adopt responsible AI practices while navigating market changes, urging businesses to integrate technology effectively to unlock their full potential.

In this discussion, Camille Egloff, an expert in supply chain resilience and digital technologies, delves into the current challenges reshaping global supply chains. She highlights the impact of COVID-19 and geopolitical tensions, advocating for proactive nearshoring and transparency. Egloff emphasizes the shift towards customer-centric logistics, leveraging partnerships, and tailoring to unique needs. She also showcases how digital innovations are transforming passenger experiences, helping airlines manage disruptions efficiently while pushing for greener, flexible transport solutions.

Vinay Shandal, BCG’s sustainable investing leader, dives into the complexities of climate finance and the $150 trillion needed for energy transition. He highlights how global competition can drive clean energy innovations while also creating challenges. Shandal emphasizes the crucial role of governments in removing barriers and financing sustainable initiatives. Additionally, he explains why private companies are ahead in net-zero commitments compared to public entities, and discusses the transformative potential of AI in enhancing efficiency and lowering emissions.

Sagar Goel, a leader in digital reskilling and leadership development at BCG, explores the urgent need for upskilling in a world increasingly shaped by AI. He highlights that one in three jobs will be disrupted, stressing the role of both public and private sectors in preparing the workforce. Goel shares strategies for companies to implement effective reskilling programs and the importance of integrating learning into daily routines. He also underscores the critical role of leadership in fostering a continuous learning culture to navigate the tech-driven landscape.

Bitan Datta, BCG’s Asia Pacific leader in manufacturing and supply chains, dives into Asia's pivotal role in global supply chains. He emphasizes the balance of cost and resilience amidst geopolitical tensions. The discussion highlights Asia's manufacturing dominance, driven by countries like China and India. Datta also examines how digital solutions, particularly AI, are revolutionizing supply chain management, enhancing visibility and adaptability. He shares insights on the unique challenges companies face and the need for tailored strategies in this diverse market.

The consumer goods industry is facing threats from new competitors, inflation, and changes in consumer behavior. Rohan Sajdeh, global leader of BCG’s consumer practice, outlines how companies can adapt through portfolio reshaping, advanced pricing strategies, and personalized customer experiences. He also discusses how AI and sustainability are shaping the future of the industry.  Learn More: Rohan Sajdeh: https://on.bcg.com/4ggm0RL Consumer Products Industry: https://on.bcg.com/4f2DyQe CEO Moments of Truth: https://on.bcg.com/TSWMoT This podcast uses the following third-party services for analysis: Podtrac - https://analytics.podtrac.com/privacy-policy-gdrp