Sign up for free TCR email newsletter

Sunday, April 14, 2024
Colm Foley
Colm Foley
Boston Consulting Group
Managing Director & Senior Partner

Profile

Colm Foley has spent 31 years in the consulting industry, the last 23 with the Boston Consulting Group. As a Managing Director & Senior Partner with BCG, Foley has held senior leadership roles including Global Leader of the Medical Technology Sector and Leader of the Healthcare Practice, North America. His consulting work has focused on enabling leading medical technology and pharmaceutical companies to drive breakout growth, including bringing innovative diagnostics and therapies to market, transforming commercial capabilities, digitizing products and processes, and driving successful high-value mergers and acquisitions. Foley will join Blackstone Lifesciences this fall. BXLS is a leading alternative investment fund that brings vital, but underfunded healthcare products to market by funding and executing late-stage development. As a Managing Director, Foley will help lead investments in the medical technology sector (devices, diagnostics, and life sciences tools) and in this role continue to partner with leading firms to successfully launch innovative products that improve patient care and outcomes. Foley started his career as a technical architect with Andersen Consulting. He holds a Bachelor of Arts from University of Michigan, and a Master of Business Administration from University of Chicago.

Areas of expertise

Enabling leading medical technology and pharmaceutical companies to drive breakout growth, Transforming commercial capabilities, Digitizing products and processes, Driving successful high-value mergers and acquisitions.

Group Overview

Massive changes—including breakthroughs in digital health, the emergence of novel therapies, the rise of personalized care, and value-based care—are transforming health care. BCG helps health care organizations take action to compete and thrive over the long term.  To thrive in the face of change—and in the post pandemic world—health care industry leaders need to reimagine their strategies, value propositions, and organizational capabilities. Boston Consulting Group’s health care consulting teams help clients do so by adopting agile ways of working, accelerating innovation, advancing digital transformation, evolving go-to-market strategies, and driving growth and portfolio strategy through M&A. Across virtually every engagement, they help clients optimize capabilities through data, digital, and advanced analytics. Boston Consulting Group’s Health Care Industry Services Biopharma: BCG’s biopharmaceuticals consulting experts support clients across every aspect of the biopharma value chain, including R&D, operations, manufacturing, commercialization, and M&A, so companies can unlock innovation and bring new medicines to market faster. Health Care Payers, Providers, Systems, and Services: BCG’s health care industry consultants work with payers, providers, health systems, and services to maximize innovation, unlock new sources of revenue, and improve patient outcomes and the quality of care. Medical Devices and Technology: BCG’s medical technology consulting experts help clients assess their priorities and strengths and then move decisively to innovate—in operations, marketing and sales, R&D, and other core parts of their business. Global Health: BCG is working with global health organizations to launch and scale innovative interventions, fight disease, and manage overall population health.

Firm Overview

Boston Consulting Group is a global consulting firm that partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG’s success depends on a spirit of deep collaboration and a global community of diverse individuals determined to make the world and each other better every day. BCG was the pioneer in business strategy when it was founded in 1963. Today, they 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. BCG’s diverse, global teams are passionate about unlocking potential and making change happen, delivering integrated solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. 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.