When did Bruce Henderson establish Boston Consulting Group?
Bruce Henderson established the firm in 1963 by walking into The Boston Safe Deposit and Trust Company to create a new consulting arm. The division operated under the name Management and Consulting Division of the Boston Safe Deposit and Trust Company.
What is the growth share matrix created by Boston Consulting Group?
Boston Consulting Group created and popularized the growth share matrix in the 1970s to help large corporations allocate cash among business units. This chart categorized business units as Stars, Cash Cows, Question Marks, or Dogs based on market growth rates and potential upside.
Who became CEO of Boston Consulting Group in May 2021?
Christoph Schweizer took over as CEO of Boston Consulting Group in May 2021 after replacing Rich Lesser who stepped down to serve as Global Chair. Schweizer is a German executive leading the firm since that date while maintaining original partnership model roots.
Why was Boston Consulting Group investigated regarding Angola in January 2020?
The New York Times published an article on the 19th of January 2020 identifying BCG's work with Isabel dos Santos who exploited Angola's natural resources. BCG was contracted by Sonangol and worked for De Grisogono through shell companies existing in Luxembourg, Malta, and the Netherlands.
When did Boston Consulting Group terminate its contract with the Gaza Humanitarian Foundation?
BCG terminated its contract with the GHF in June 2025 after being investigated over donor identities and financial disclosures. The Washington Post reported invoices of over $1 million per month despite claims of pro bono work which led to the firing of two senior partners.