Dr Subbu’s Opinion on Consulting Firms – Goa Government & BCG

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 Dr Subbu’s Opinion on Consulting Firms – Goa Government & BCG


Big blow for a hashtag #Big3 (MBB) Consulting firm

Goa Government in March this year, 2024 hired Boston Consulting Group (BCG) to support the development of its Viksit Goa 2047 Strategy. The state picked BCG after the central government selected BCG as its consulting partner for India’s national Vision 2047 blueprint

Viksit Goa spans a number of long-term objectives, including enhancing connectivity, establishing Goa as a logistics hub, developing the region’s infrastructure such as an international airport, roads, water treatment, and waste management, growing foreign investments, and expanding the tourism sector.

Following a review of Boston Consulting Group’s work and deliverables over the past five months, the Goa government has now pulled the plug from the contract

According to a statement, issued by Vijay Saxena, Director of Planning, Statistics and Evaluation at the Indian government, “Boston Consulting Group has not been consistent with expectations and deliverables mentioned in the work order"

As per the work order, Boston Consulting Group had not “properly assessed Goa’s unique strengths, constraints and opportunities for the future”. The high-profile consulting firm had also not fully identified the “15 high impact priority areas” for the state, and to make matters worse, not submitted the first version of the Viksit Goa 2047 report on time.

The project was worth around Rs 7.2 crore, but much more in terms of reputation

Opportunity for McKinsey or Bain? 

Or would you rather see work divided amongst many Indian boutique consulting firms take this up? 

What’s your opinion? Share it

__________________________________________________________________________________

Dr. M. Subramanian
Director – MBA Program
PhD (Finance),FDPM (IIM-A), MBA, MFC
Fin-Tech, Blockchain & Analytics

Visit : www.rlims.ac.in


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