Tuesday, February 25, 2020
Assignment 3 - individual written format business report an
3 - individual written format business report an organization i would like to work for - Assignment Example BCG has been consistently maintained a top five positions over the years as the best organization. Recently they were ranked third by the fortunes magazineââ¬â¢s 2014 list of ââ¬Å"top 100 companies to work forâ⬠(12). There is a lot that goes on before one gets hired at BCG since the expectations are always high, but the experience is just phenomenal. The organization may be small in size, but it casts a relatively large shadow amongst its competitors, mainly McKinsey. This has in turn attracted many admirers in the business world who tend to compare themselves to BCG even though it is a consulting firm. The competition is intense at the organization; an insider says that the organization hires approximately one candidate in over 200 applicants for an associate position. The main secret to the rampant success at BCG has been mainly gaining good strategy projects that require planning and hard work as compared to implementation only. New ideas are highly appreciated in the company. This gives the organization varied approaches to tackle business hurdles. The organization had its downfall in business; in 2001, the global revenue hit a downfall as technological explosion ventured in the business. The event resulted to layoffs, and the organization had to reduce its support staff as well as consulting by 12 percent (WetFeet 38). The strategies employed by BCG may be seen as small, but they have long term solutions to business problems. This has enabled the organization to stay top of its competitors like McKinsey and Bain, even if BCG has less staff compared to the two. Intellectualism has always stood up as the best culture for the organization over the decades. An insider describes the companyââ¬â¢s growth as just incredible. At one point, he says he used to know almost everyone in the offices but now there are very many people that he can hardly identify with (WetFeet 36). Despite having all the success and growth, the
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