WEBVTT 1 00:00:01.590 --> 00:00:02.690 At BCG TURN, 2 00:00:02.690 --> 00:00:05.180 we take a unique approach to transformation 3 00:00:05.180 --> 00:00:06.876 that addresses the misgivings 4 00:00:06.876 --> 00:00:10.450 many executives have about revenue levers. 5 00:00:10.450 --> 00:00:11.670 First, with regard to 6 00:00:11.670 --> 00:00:13.896 the idea that revenue levers are non-bankable. 7 00:00:13.896 --> 00:00:16.553 We focus on revenue levers that produce 8 00:00:16.553 --> 00:00:19.490 quantifiable and direct P&L impact, 9 00:00:19.490 --> 00:00:21.266 linked to concrete initiatives. 10 00:00:21.266 --> 00:00:25.161 Second, as far as quick and sustainable impact goes, 11 00:00:25.161 --> 00:00:28.022 we focus on six revenue levers in particular. 12 00:00:28.022 --> 00:00:29.910 In our experience, 13 00:00:29.910 --> 00:00:33.350 each lever typically generates up to 5% growth 14 00:00:33.350 --> 00:00:35.338 within three to 18 months. 15 00:00:35.338 --> 00:00:38.230 We implement solutions that can be quickly 16 00:00:38.230 --> 00:00:40.039 scaled across business units, 17 00:00:40.039 --> 00:00:42.640 geographies, or products, 18 00:00:42.640 --> 00:00:44.130 in weeks to months. 19 00:00:44.130 --> 00:00:46.340 We deploy digital tools that can be 20 00:00:46.340 --> 00:00:48.044 easily integrated into clients' 21 00:00:48.044 --> 00:00:49.878 existing enterprise systems, 22 00:00:49.878 --> 00:00:53.450 and we help clients make revenue impact sustainable 23 00:00:53.450 --> 00:00:55.440 by focusing on capability building 24 00:00:55.440 --> 00:00:57.130 with tools, processes, 25 00:00:57.130 --> 00:00:59.060 competencies, and governance. 26 00:00:59.060 --> 00:01:02.820 Finally, as to the cost of implementing revenue levers, 27 00:01:02.820 --> 00:01:05.980 we leverage our client's existing products and sales force, 28 00:01:05.980 --> 00:01:07.018 and at least initially, 29 00:01:07.018 --> 00:01:09.760 do not focus on new products or markets 30 00:01:09.760 --> 00:01:11.720 that would require major upfront 31 00:01:11.720 --> 00:01:13.823 investments and long timeframes. 32 00:01:14.818 --> 00:01:16.904 BCG TURN's approach to revenue levers 33 00:01:16.904 --> 00:01:20.020 in transformation has real impact. 34 00:01:20.020 --> 00:01:22.290 For example, we recently supported 35 00:01:22.290 --> 00:01:24.900 the services division of a technology company. 36 00:01:24.900 --> 00:01:27.080 This transformation helped turn a previously 37 00:01:27.080 --> 00:01:30.730 negative growth business into the company's fastest growing. 38 00:01:30.730 --> 00:01:34.346 The revenue levers alone contributed 11% revenue growth 39 00:01:34.346 --> 00:01:36.887 and 23% margin growth, 40 00:01:36.887 --> 00:01:39.495 $140 million EBITDA increase 41 00:01:39.495 --> 00:01:41.220 over 18 months. 42 00:01:41.220 --> 00:01:44.460 This was on top of savings from cost reduction initiatives. 43 00:01:44.460 --> 00:01:46.415 We think such examples show that 44 00:01:46.415 --> 00:01:50.359 pipeline-driven transformation can be a resounding success 45 00:01:50.359 --> 00:01:53.070 when companies use the right revenue levers 46 00:01:53.070 --> 00:01:55.163 implemented with the right capabilities.