This includes accelerated corporate action, organizational change, and optimization of social & business value as a result of pressures from digital transformation, energy transition and increased volatility

Abu Dhabi: Boston Consulting Group (BCG) has paved the way forward for increased corporate action from energy sector players in the changing business environment of tomorrow following an exclusive, invitation only roundtable discussion held on the sidelines of World Energy Congress 2019, which took place in Abu Dhabi.

“Aligning strategic imperatives to the disruptive forces in energy will be essential for organizations across the energy value chain to thrive,” said Bjorn Ewers, Managing Director and Partner at Boston Consulting Group. “Industry executives had an opportunity to reflect upon the key trends shared by BCG at the World Energy Congress, and reflections that will shape the path forward for the coming decade were initiated.”

Building on BCG’s ‘Winning in the 20s’ framework, the roundtable dialogue centered on three presentations from globally leading BCG representatives aimed towards addressing how leaders can address dynamic shifts within the Energy Sector’s competitive landscape. The three topics included:

  • ‘The digital challenge: From proof of concept to impact at scale’ by Michael Buffet, Managing Director & Partner, BCG Norway
  • ‘The climate disruption: Myths, realities and implications on the energy industry’ by Dr. Patrick Herhold, Managing Director & Partner, BCG Germany
  • ‘Managing the new architecture of risk’ by Raad Alkadiri, Senior Director, BCG Center of Energy Impact, USA

“Success in the coming decade will be dictated by companies’ willingness to come to terms with the possible outcomes of their corporate actions and leadership strategies,” added Ewers. “Remaining agile and robust enough to adapt in order to mitigate risks and carve-out opportunities is crucial. Those that manage to start thinking seriously about the impact of disruptive ecosystems will be able to master the new logic of the competitive industry of tomorrow.”

About Boston Consulting Group

Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we help clients with total transformation—inspiring complex change, enabling organizations to grow, building competitive advantage, and driving bottom-line impact.

To succeed, organizations must blend digital and human capabilities. Our diverse, global teams bring deep industry and functional expertise and a range of perspectives to spark change. BCG delivers solutions through leading-edge management consulting along with technology and design, corporate and digital ventures—and business purpose. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, generating results that allow our clients to thrive.

© Press Release 2019

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