27 Oct 2016


BCG’s president and CEO on the firm’s digital push


Photo by Aidan Loo

Founded in 1963 by Bruce Henderson (MBA 1941), the Boston Consulting Group is one of a trio of well-known consulting firms that includes McKinsey and Bain. Many MBAs do an early-career stint in consulting—so many that it might almost be considered a second degree. Rich Lesser (MBA 1988) was no exception. The difference is that the Pittsburgh native has been with BCG for 28 years and counting, rising to president and CEO in January 2013. “I feel like I’ve been able...to work with some of the best companies in the world on these incredibly hard problems...and to be part of building probably one of the more successful companies in the world,” Lesser told The Business Times of Singapore in a wide-ranging conversation that touches on the firm’s five decades of double-digit growth and evolution into digital solutions. Clients, he says, are “feeling more pressure to change, in hard ways, to adapt to a lower growth environment and still perform well, to improve productivity, to take on the digital challenges in their specific business and industry, and to build and strengthen their organizations.” Doing that work requires a partnership culture, Lesser says, with a focus on “alignment rather than direction.”


Featured Alumni

Featured Alumni

Class of MBA 1988, Section C

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