Bain works alongside national and regional governments, city municipalities, quasi-government agencies such as development funds and trade associations as well as government-owned companies to address the key strategic tools that improve performance and help public sector entities do the work they do better.
Government spending now represents about 20 percent of the $60 trillion total global economy. The public sector's influence comes directly, through government entities, state-owned enterprises and funding of other institutions such as nonprofits, as well as indirectly, through regulation and oversight. The public sector has begun to grapple with major challenges, such as rising costs (coupled with growing deficits), shifting centers of economic activity, a burgeoning war for talent and increasingly demanding "customers." Recently, the use of stimulus funds and regulatory reform has further blurred the lines between public and private entities. Both long-term trends and recent events have forced the public sector to adopt lessons from private enterprises in several areas.
Bain works with organizations to build capabilities that cover multiple areas of strategic importance. Our experience serving public sector clients encompasses economic development and industrial sectors strategies, economic zones and technology parks, privatization, change management, cost and quality service improvements, organizational design and IT infrastructure, to name a few.
