Author Archives: budoffice

Ecosystems: A Curse or a Blessing?

Balázs highlights the issue of trust in light of the recent regulatory measures, how individuals and companies could relate to ecosystems as they keep proliferating, and how their operational logic is different from that of a so-called traditional firm. Balázs published a slate of research on the topic recently, including Are You Ready to Become an EcosystemContinue reading “Ecosystems: A Curse or a Blessing?”

Ukrainian refugees’ employment becoming a pressing issue

More than five million people have fled Ukraine since Russia’s invasion. As the war keeps dragging on, their savings are depleting fast and they need to find jobs to sustain themselves and their families. Having conducted a survey of nearly 500 refugees and joining forces with the Charity Service of the Order of Malta, BCGContinue reading “Ukrainian refugees’ employment becoming a pressing issue”

Daring to leap: a path from consulting to IT automation – Alumni Interview – Q&A with Mihai Bucur

Former BCG Project Leader, Mihai sat down with us to talk about his path from consulting to leading the strategic division of an IT company that started out as a small startup focusing on robotic process automation and became the first ‘unicorn’ in Central Europe with over USD 1bn in market capitalization. Balázs Kotnyek: ForContinue reading “Daring to leap: a path from consulting to IT automation – Alumni Interview – Q&A with Mihai Bucur”

The changing operating model

Ulrich and Balazs spoke in the interview about how corporate operating models have changed with ecosystems gaining traction and how ecosystems responded to the impact of the pandemic. They cited lots of companies and real-life examples to help the non-expert readers in grasping the topic. They also highlighted that they see room for ecosystems toContinue reading “The changing operating model”

Can Europe compete in artificial intelligence?

We are in the middle of an artificial intelligence revolution, the use of this technology will reduce costs for companies, increase revenue and help innovation, which will affect competitiveness in all industries. Due to the benefits companies need to consider using it, said Francois Candelon, the Director of Boston Consulting Group’s Henderson Institute at theContinue reading “Can Europe compete in artificial intelligence?”

Acquiring digital skills will be key

Digitization, the use of modern technology, and the changing habits of consumers resulting from new circumstances have posed new challenges to the market since the pandemic. One of the key issues is human resources. Employees in the store already need different, new competencies, tomorrow there will be no more without them. New trends and howContinue reading “Acquiring digital skills will be key”

Something for your own health and something for “taste”

Foods from local production are more and more often found on the tables of consumers – especially since covid-19 has crept into our lives. We know what we’re eating, and we can buy it all at a nearby store. We believe that we have done something for our health and “taste”, and we also wantContinue reading “Something for your own health and something for “taste””

The last oil boom – how long will it last and what effects will the large price increases have?

The recovery from the COVID-19 pandemic will release huge demand for oil-related travel, goods, and services. This will lead to one of the strongest periods of rising oil demand in the next two years suggests Zsófia Beck, Managing Director and Senior Partner of BCG’s Budapest office. Read the full article here.

This is not the last energy price shock, power price volatility is here to stay – Q&A with Balázs Kotnyek

Balázs Kotnyek, Partner and Associate Director at BCG’s Budapest office speaks about the recent turbulence in the energy market, the reasons behind soaring prices, the impacts of energy transition, and how we should prepare for similar price shocks in the future. Read the full Q&A here.