The Boston Consulting Group has launched a year-long Business Analyst Program in Saudi Arabia. The initiative is especially designed to equip young Saudi talents with the tools, knowledge, and leadership skills needed to excel in the field of strategy and management consulting.
The programme is run by The Boston Consulting Group's (BCG) office in Riyadh, which it opened in November last year, at the time its 82nd global office. The strategy consulting and management consulting firm has since provided on the ground business services to Saudi-based clients in all sectors, to “identify their highest-opportunities, address their most critical challenges, and transform their business”, says Joerg Hildebrandt, Senior Partner and Managing Director at BCG.
In addition to working with clients in Saudi Arabia, BCG stated that it would also launch a range of initiatives that support the Kingdom’s long term strategy. Saudi Arabia’s Vision 2030 agenda, which serves as a blueprint for the country’s economic diversification, is a comprehensive roadmap for curbing the Kingdom’s dependence on oil. The strategy is based on three major pillars – a vibrant society, a thriving economy and an ambitious nation – and sheds light on the critical importance of fostering a capable and diverse national workforce.
“We will be doing our part to contribute to creating a strong, dynamic local talent base comprising of men and women. This is done by hiring talent from the Kingdom and investing in training and mentoring of local staff”, said Hans-Paul Burkner, former CEO and chairman of BCG during the inauguration of the firm’s Riyadh office.
The latest initiative that underpins BCG’s support to the Saudi workforce has recently been launched – a Business Analyst Program for young talent. The programme, which globally runs in more than 50 countries, provides young Saudis with the opportunity to gain first-hand experience working side-by-side with BCG consultants and conducting business analysis for the firm’s portfolio of clients. The programme spans all of BCG’s industry and practice areas.
Hildebrandt says that investing in and developing local talent has long been at the crux of BCG’s global and regional talent management strategy, adding that he therefore is delighted with the program's launch in the country. “We firmly believe that this initiative will help contribute to the creation of a high-potential, dynamic local talent pool in the Kingdom, one that includes both men and women. After all, a robust workforce is a key driver of a diverse, knowledge-based economy.”
BCG’s Business Analyst Program is tailored for “outstanding fresh graduates”, says Hildebrandt, with only those who performed in the top 10% of their university likely to land the job. As part of the programme, BCG has struck alliances with three universities in Saudi Arabia, which are: the King Saud University, Al Faisal University and the King Fahd University of Petroleum and Mineral.