In this podcast, BCG’s Harold L. Sirkin discusses a major shift in global manufacturing that bodes well for the U.S. economy. As labor costs rise in China, companies are reconsidering whether it’s still practical to base all their production there—a trend that is sparking a U.S. manufacturing comeback.

Across businesses and markets, organizations increasingly find themselves facing a variety of strategic environments defined by a sector's unpredictability, malleability, and harshness. As a result, executives will need to learn and manage a portfolio of five distinct strategic styles.

In today’s corporate environment, the model of the heroic leader who single-handedly produces results has become obsolete. A BCG survey has discerned how the entire leadership team adapts to produce breakthrough results.

A feeble recovery and the crisis in the euro zone are creating significant downside risks. To plot a strategic course in the face of extreme uncertainty—and to prepare for a difficult year—it helps to have a clear understanding of which scenarios may happen and why.

In a more volatile, uncertain, and truly global world, each business needs a directional guide who can navigate, empathize, self-correct, and deliver win-win propositions to today’s vast ecosystem of stakeholders. BCG Fellow Roselinde Torres outlines how companies can ensure that they nurture the next generation of leaders.

When faced with complex problems, companies mistakenly respond with overly complicated workarounds. The creation of unnecessary structures, procedures and committees isn't the answer. BCG Fellow Yves Morieux explains why the simplest solutions are often the most effective.

CEOs looking to develop new products should embrace four steps, BCG Fellow Luc de Brabandere explains. Don’t think alone; the future is built with a team. Look outside to spot megatrends. Challenge the way you perceive; see the world as it is. Finally, envision an ambitious image of what you want your company to achieve.

As part of its ongoing series of interviews with top executives in the technology business, BCG's Craig Lawton  recently interviewed Jeff Keisling, the chief information officer of Pfizer. In the interview, Keisling discusses a range of topics, including the challenges in bringing together Pfizer and Wyeth, building an IT team after the merger, and developing technology solutions for today’s business imperatives.

George Stalk reads "The Time Paradigm," the BCG article from 1988 that launched the idea of time-based competition.

Companies that continually use every legitimate resource and strategy available to gain advantage over their competitors can ultimately achieve decisive advantage, bringing about change in entire industries and delivering so much value to their customers that their market share grows larger still.