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Milestone 2

Milestone 2

Igwuoku Kayla Rukevwe

Nexford University

BUS2300: Organizational Relationships

Dr. Michael Rodriguez

April 7th, 2023


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Overview

BCG is a global strategy and general management consulting organization that is situated in

Boston, Massachusetts, and was founded in 1963. It is one of the world's biggest and most

renowned management consulting firms (the "Big Three"), along with Bain & Company and

McKinsey & Company. The organization works with powerful people in business and society

to solve their most pressing problems and grab their best opportunities. BCG seeks out new

ideas and collaborates with firms in the media, technology, telecommunications, and other

sectors to find answers to problems as these sectors continue to shape the future. Its objective

is to assist top businesses in acquiring and maintaining a competitive advantage. (The Boston

Consulting Group - Company Profile, Information, Business Description, History,

Background Information on the Boston Consulting Group, n.d.).

The Legal and Ethical Beliefs of BCG

The BCG is committed to upholding the highest ethical and professional standards consistent

with its core values which include bringing insight to light, conquering complexity, driving

inspired impact, leading with integrity, and growing by growing others. With a clear sense of

purpose, the company works to create a positive impact on society, its clients, and its

workforce.

The BCG values individuality and is committed to diversity, equality, and inclusion in hiring

and career development. It pays much attention to creating conditions and developing

practices that stimulate the work of employees and form their positive work attitudes.

At BCG, culture and values are paramount. Women make up about 50% of the workforce,

and they favor remote and part-time employment. Additionally, rather than focusing on age,

the organization recruits employees based on their competence.


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Employees are paid in accordance with the distributive justice concept and are adequately

compensated. They also get paid sabbaticals and full health insurance payments. Employees

are constantly encouraged to grow personally and professionally. 

When it comes to ethics, the BCG emphasizes diversity and justice, two concepts that go

hand in hand. In addition to emphasizing the notion of social responsibility, it adopted tight

laws prohibiting conflicts of interest. (Boston Consulting Group as the Best Workplace -

1178 Words | Essay Example, 2020).

Impact of the BCG’s Ethical and Legal Beliefs on the Organization

Because the BCG recognizes the importance of diversity within the organization, offers

significant benefits, pays attention to the needs of the employees, and encourages their

professional growth, the organization benefits from high levels of employee commitment to

the work, high standards of performance, increased productivity, and the use of advanced

schedules and plans.

Impact of the Ethical and Legal Beliefs on the Organization’s Culture

Because the BCG addresses the corporate needs while responding to the interests of the

individuals as part of the organizational culture, the staff members are happy, talk positively

about their safe and supportive work environment, and are willing to exert greater effort to

accomplish the project and company goals.   


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Conclusion

The culture and ethical standards of a company are crucial to its success because they have a

significant impact on how employees interact and communicate with one another, their

productivity, their commitment to doing the right thing, and how it affects the company's

reputation and public perception. Due to the way that ethics and culture are connected, as

demonstrated by the BCG, businesses can create a positive corporate culture by investing

resources in creating policies and procedures that promote ethical behavior.


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References

Boston Consulting Group as the Best Workplace - 1178 Words | Essay Example. (2020, June

20). Free Essays. https://ivypanda.com/essays/boston-consulting-group-as-the-best-

workplace/

The Boston Consulting Group - Company Profile, Information, Business Description,

History, Background Information on The Boston Consulting Group. (n.d.).

https://www.referenceforbusiness.com/history2/21/The-Boston-Consulting-

Group.html

The Impact of Ethics on Organizational Culture | Business Paper Example. (2021b, July 1).

Business-Essay.com. https://business-essay.com/the-impact-of-ethics-on-

organizational-culture/

What We Offer: BCG Culture & Values. (2023, March 22). https://careers.bcg.com/bcg-

culture

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