BCG - Boston Consulting Group
Lead/Associate Director, Tech Capital Product Strategy
Location:
Boston, New York, San Francisco
Geography:
North America
Capabilities:
Big data & advanced analytics, Technology & digital
Industries:
Technology industries
Who We Are
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 work closely with clients to embrace a transformational approach aimed at benefiting all stakeholders—empowering organizations to grow, build sustainable competitive advantage, and drive positive societal impact.
Our diverse, global teams bring deep industry and functional expertise and a range of perspectives that question the status quo and spark change. BCG delivers solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, fueled by the goal of helping our clients thrive and enabling them to make the world a better place.
Practice Area Profile
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.
Given the technical specialization needed for this role, it will be housed within BCG X, BCG’s cutting-edge group of computer science, statistics, AI and machine learning experts with deep industry expertise. These teams own the full analytics and product development value-chain end to end: framing new business challenges, building fact-bases, designing innovative algorithms, creating scale through designing tools and apps, and training colleagues and clients in new solutions. While housed within BCG X, This role will partner closely with our BCG Tech Capital commercial due diligence consulting teams to drive insights across integrated commercial and product diligences with close alignment with our Principal Investors and Private Equity Practice.
What You'll Do
As a key member of our team, you'll advise clients across the software sector to develop and execute effective product strategies. Engagements will include pre-deal diligence, portfolio review, and value creation engagements. Our associate directors are responsible for leading engagements, translating client needs into project tasks, deliverables, and delivering lasting impact. They manage day-to-day problem solving, lead analytical activities, and serve as key liaisons among consulting team members and our clients.
You will lead teams through a variety of client issues, ranging from diligence to technology strategy assignments.
Product diligence: BCG Tech Capital engages with our clients to diligence the product strategy of software companies, and the targets themselves - an increasingly critical driver of competitive advantage. This includes assessing product capabilities, road maps, architecture, technical debt, and the overall development organization and processes. This product diligence is also combined with our market-leading commercial due diligence capabilities within our Tech Capital practice, providing clients with a comprehensive view of their target investment from both a market and product strategy perspective.
Product strategy: By assessing product and R&D portfolio strategy, we help companies identify and build a strong software product and architecture road map. We also identify software development and product value creation opportunities (e.g. assessing organizational capacity, talent, and processes).
Across these engagements, you’ll
- Develop hypotheses, insights, and key findings
- Conduct in-depth interviews with key stakeholders, industry experts and customers
- Lead teams conducting qualitative and quantitative analysis (e.g., spend analysis, feature/functionality benchmarking, competitor analysis, org. and technical capabilities including the core technologies used in build) to support the formulation and validation of strategic recommendations
- Add inputs to deal models that both drive valuations and the overall deal model
- Maintain relationships with clients at appropriate levels
- Motivate teams and develop junior team members
- Contribute to people initiatives; recruiting, retaining and training current and future staff
WHO YOU ARE
We are looking for talented individuals with a real passion for software development and transformative product strategy. Specifically, individuals who can:
- Understand and articulate every part of the software development life cycle and the core technologies used to develop these products or platforms
- Guide non-technical teams and consultants in understanding development best practice, software scalability, and architectural implications
- Help mentor and guide junior consultants
- Interact directly with private equity and corporate clients
- Location of position: Boston, New York, or San Francisco
What You'll Bring (Experience & Qualifications)
- Experience in software development and working with global and remote agile squads
- A bachelor's degree and ideally and advanced degree or MBA with outstanding academic performance and at least five years of software-related work experience, preferably:
- Strategy consulting work experience
- Degree in computer science or related field plus ideally an advanced degree (MSc, PHD or MBA from a top-ranking institution)
- Transaction experience, ideally in performing product due diligence and/or strategic value creation assignments
- Project management expertise with demonstrable experience in delivering successful outcomes and knowledge of structured methodologies
- Familiarity with industry standards for product management, UI/UX design principles, software architecture, software development life cycle methods and the ability to provide relevant insights based on experience
- Excellent problem solving, project management, facilitation and interpersonal skills
- Ability to multitask and work efficiently in a fast-paced environment
- Ability to make detailed assessments of industry, products, markets, competitors and customers to identify risks and opportunities
- Effective organization and time management skills with ability to work under pressure and adhere to project deadlines
- Passion for the technology sector
WORK ENVIRONMENT
- Fluency in English is required as well as fluency in the local language for some locations
- Ability to travel based on client and business needs. Expect ~30%
FOR U.S. APPLICANTS: Boston Consulting Group (“BCG”) is an Equal Opportunity/Affirmative Action employer. All qualified applicants will be considered for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by applicable law.
The first year base compensation for this role is:
Lead Software Engineer: $225,400 USD
Associate Director: $252,900 USD
In addition to your base salary, you will also be eligible for an annual discretionary performance bonus and BCG’s Profit Sharing and Retirement Fund (PSRF) contribution. BCG also provides a market leading benefits package described below.
At BCG, we are committed to offering a comprehensive benefit program that includes everything our employees and their families need to be well and live life to the fullest. We pay the full cost of medical, dental, and vision coverage for employees – and their eligible family members.* That’s zero dollars in premiums taken from employee paychecks. All our plans provide best in class coverage:
- Zero dollar ($0) health insurance premiums for BCG employees, spouses, and children
- Low $5 (USD) copays for trips to the doctor, urgent care visits and prescriptions for generic drugs
- Dental coverage, including up to $5,000 (USD) in orthodontia benefits
- Vision insurance with coverage for both glasses and contact lenses annually
- Reimbursement for gym memberships and other fitness activities
- Fully vested retirement contributions made annually, whether you contribute or not
- Generous paid time off including vacation, holidays, and annual office closure between Christmas and New Years
- Paid Parental Leave and other family benefits such as elective egg freezing, surrogacy, and adoption reimbursement
*Employees, spouses, and children are covered at no cost. Employees share in the cost of domestic partner coverage.
- Low $5 (USD) copays for trips to the doctor, urgent care visits and prescriptions for generic drugs
- Dental coverage, including up to $5,000 (USD) in orthodontia benefits
- Vision insurance with coverage for both glasses and contact lenses annually
- Reimbursement for gym memberships and other fitness activities
- Fully vested retirement contributions made annually, whether you contribute or not
- Generous paid time off including vacation, holidays, and annual office closure between Christmas and New Years
- Paid Parental Leave and other family benefits such as elective egg freezing, surrogacy, and adoption reimbursement
*Employees, spouses, and children are covered at no cost. Employees share in the cost of domestic partner coverage.
Date Posted:
25-Aug-2022
Boston Consulting Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, disability, protected veteran status, or any other characteristic protected under national, provincial, or local law, where applicable, and those with criminal histories will be considered in a manner consistent with applicable state and local laws.
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