Parul Bajaj

In an exclusive interview with Forbes, Megha Chawla, Senior Partner in Bain & Company’s India office, discusses why India's tech talent has become a non-negotiable part of the global CEO's strategy and the prospects for the nation's tech landscape. In the age of AI, India's IT services companies have become important partners to global businesses, she says. Read the full interview here: https://lnkd.in/gKDbT5FY

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Great perspective on the role of India in the future global economy amidst the geopolitical tensions we see! I also really echo Bob's statement about our own role in India and the world as McKinsey that is driving me day in day out: "I keep coming back to this notion of our true north. Our true north is not about growth; it's about distinctiveness. We're not focused on whether our growth rate is the fastest. Some competitors publish their growth rates, but we don't because our objective is to ensure that our work is better. At the end of the day, I am obsessed with making sure McKinsey is known for its distinctiveness, not for its growth. If we achieve that, everything else will fall into place. Our goal is to stand behind the quality and uniqueness of our work, providing unparalleled value to our clients. Fundamentally, we are not about our own success. Our mission is to help our clients succeed. When our clients are successful, we are successful. We don't seek the limelight; we want our clients to shine."

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Congratulations to BCG Henderson Institute (BHI) Fellow Sagar Goel and BHI Ambassador Orsolya Kovacs on winning the 2023 HBR Prize! The HBR Prize, judged by an independent panel of business and academic leaders with input from members of HBR’s Advisory Board, spotlights the most outstanding article published each year in Harvard Business Review. As a part of their BHI research, Sagar and Orsi co-authored a study on how companies are reskilling their employees in a rapidly evolving era of automation and AI. For their article “Reskilling in the Age of AI,” Sagar and Orsolya, together with Jorge Tamayo, Leila Doumi, and Raffaella Sadun, interviewed leaders at some 40 organizations around the world that are investing in large-scale reskilling programs. Their analysis revealed five paradigm shifts emerging in reskilling. Read the winning article now:

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In India, opinions on GenAI are varied: 36% of consumers are enthusiastic, while 63% express mixed feelings or concerns.    Leaders looking to navigate the evolving landscape of GenAI effectively should consider the following strategies:    > Build trust by transparently communicating both the advantages and potential pitfalls of AI.  > Manage the mix of misinformation, enthusiasm, and apprehension.  > Leverage enthusiasm by introducing new ideas and products in AI-friendly markets. For further insights, explore our comprehensive report: https://on.bcg.com/3UtXhRM 

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#KKR #Varsity_Brands Private equity firm KKR & Co agreed to acquire Varsity Brands, a U.S. maker of sports uniforms and school yearbooks, from buyout firm Bain Capital for about $4.75 billion, including debt, people familiar with the matter said on Wednesday. KKR will own Varsity Brands through its Americas private equity fund, the sources said, requesting anonymity because the deal has not yet been announced. KKR has committed to offering rank-and-file employees of its North America portfolio companies equity in these companies, and will do so with Varsity Brands, the sources said. This is an incentive the corporate world traditionally reserves for senior executives. https://lnkd.in/dnFHhGH2

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While there is much debate about converged offerings in the US, in the end the consumer will make the call. My Kearney colleagues Sridhar Narasimhan, Anbu Sollin Selvan, Mayank Lokwani and I believe that with the ongoing expansion of fixed broadband to the home, now is the time to explore FMC as a growth opportunity. US customers are looking for a converged offer that delivers on price without compromising on quality, provides convenience without complexity, and enriches their experience with added benefits. For telcos and MSOs, the call to action is clear: blending these elements into the FMC offerings will position them to not only meet but exceed customers’ expectations, capturing a bigger share of household spending and building a loyal following.

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Super excited to share Boston Consulting Group (BCG) and BCG X 's latest white paper on enhancing healthcare through a patient experience lens! There is no other consumer industry in which anxiety, loss of control, fear of the unknown and opaque costs come together quite like health care; making it critical to understand what patients want, and strategize healthcare around that. The White Paper provides a 10-point framework for patient experience to explain what patients expect in terms of 'table stakes' but also 'emotional' expectations. Please have a read! @Nick Cristea @Diego Bernardo @Raakhi Agrawal @Matthew Huddle #BCG #BCGX #BCGonHealthcare #PatientExperience #HealthcareStrategy

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India is strategically positioned to capture 35-50% of the estimated $400 Bn. Capability & Innovation Hub market. These centres have come a long way from being mere outsourcing units to cutting-edge innovation centres and value creators. Globally FIs are increasingly shifting operations and capability building to these units- time for Indian FIs to think boldly as well? Hear BCG’s thoughts from my dear friend and colleague Sreyssha George

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Axios highlighted Bain analysis showing companies further accelerating reshoring and near-shoring amid heightened geopolitical uncertainties and rising costs. Hernan Saenz, head of Bain’s Performance Improvement practice, discussed the trend with Axios chief economics correspondent Neil Irwin.

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Bain & Company’s 2024 Private Equity Midyear Report has arrived. Private equity’s two-year slide in deals, exits, and funds closed slowed in the first half of 2024, but activity remained tentative and momentum scarce. Dive into the full report here: https://atbain.co/4aJfHmo

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Bain & Company’s 2024 Private Equity Midyear Report has arrived. Private equity’s two-year slide in deals, exits, and funds closed slowed in the first half of 2024, but activity remained tentative and momentum scarce. Dive into the full report here: https://atbain.co/4aJfHmo

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Bain & Company’s 2024 Private Equity Midyear Report has arrived. Private equity’s two-year slide in deals, exits, and funds closed slowed in the first half of 2024, but activity remained tentative and momentum scarce. Dive into the full report here: https://atbain.co/4aJfHmo

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Bain & Company’s 2024 Private Equity Midyear Report has arrived. Private equity’s two-year slide in deals, exits, and funds closed slowed in the first half of 2024, but activity remained tentative and momentum scarce. Dive into the full report here: https://atbain.co/4aJfHmo

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Bain & Company’s 2024 Private Equity Midyear Report has arrived. Private equity’s two-year slide in deals, exits, and funds closed slowed in the first half of 2024, but activity remained tentative and momentum scarce. Dive into the full report here: https://atbain.co/4aJfHmo

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Bain & Company’s 2024 Private Equity Midyear Report has arrived. Private equity’s two-year slide in deals, exits, and funds closed slowed in the first half of 2024, but activity remained tentative and momentum scarce. Dive into the full report here: https://atbain.co/4aJfHmo

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Bain & Company’s 2024 Private Equity Midyear Report has arrived. Private equity’s two-year slide in deals, exits, and funds closed slowed in the first half of 2024, but activity remained tentative and momentum scarce. Dive into the full report here: https://atbain.co/4aJfHmo

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Bain & Company’s 2024 Private Equity Midyear Report has arrived. Private equity’s two-year slide in deals, exits, and funds closed slowed in the first half of 2024, but activity remained tentative and momentum scarce. Dive into the full report here: https://atbain.co/4aJfHmo

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