...Executive Summary This analysis will address the business environment of Accenture. The focus of this investigation will be to identify the areas within Accenture that focus on decision support systems and knowledge management practices. This analysis will examine the strengths, weaknesses, opportunities and threats for Accenture within today’s complex business atmosphere. Organizations today are striving to remain competitive in a market that is not only complex but constantly changing. Organizations that are both private and public are under pressures that force them to respond quickly to changing conditions and be innovative in the way they operate their business. Once this investigation is complete organizations that are large, small, public, private or even nonprofit will benefit from the findings and gain a better understanding of how to implement knowledge management initiatives into their standard company best practices. Background Accenture is a global management consulting, technology services and outsourcing company. The company has experience capabilities across all major industries and business functions worldwide. Its business is structured around five operating groups, which together comprise nineteen industry groups. Accenture provides services to its customers through a global delivery network of over 50 centers (Accenture plc, n.d.). At the top of the list for Accenture’s top competitors is global giant IBM. IBM is one of the largest leading business intelligence...
Words: 2239 - Pages: 9
...About Accenture Accenture is a company focused on management consulting, technology services and outsourcing. If we base solely in net profit it was the biggest consulting group in the world on the year 2014 by achieving net revenue of 30 billion dollars. Accenture starter as a company in 1950 under the name Andersen Consulting later on, in 2001 it changed its name to Accenture and became publicly traded thus giving birth to the company we know today. Accenture has around 300.000 employees scattered around the world in approximately 120 countries. Management in the corporation For the writing of this research project we will use several sources to gather information about the company but most precisely about its management practices. We...
Words: 2385 - Pages: 10
...Case Summary Accenture knowledge management is a public company. They started trading at New York Stock Exchange in July 2001. The firm is consolidated 47 country partnerships into one corporation with a headquarters location in Bermuda. Their services include consulting, alliances, technology, venture capital and outsourcing. Initial success and consistent revenue growth of 17% year after year stalled in year 2002 and 2003. Accenture remained profitable during this period by cutting cost of operations. In 2004, the company achieved revenues of $13.67 billion making it top of the standard and poor 100 in terms of return on invested capital (first). The company increased its focus on outsourcing, particularly “business transformation outsourcing” and “business process outsourcing” rather than only outsourcing “IT services”. Also, it emphasized on creating and developing of intellectual and technology assets to apply in work with clients. Currently, the company’s organizational structure consisted in industry groups which made up the five operating groups, eight capability groups. There were substantial budget pressures to reduce costs during economic downturn which resulted in outsourcing services offshore of some of these groups. The groups used out dated portals to connect to one another and find documents, some major groups used their own portals which was becoming a problem. The CEO Don Vonthournout assigned Tom Barfield as management lead for a new Knowledge exchange project’s...
Words: 719 - Pages: 3
...to achieve these seemingly conflicting results. Huawei Technologies Co. Ltd. is a Chinese multinational networking and telecommunication and service company headquartered in Shenzhen, Guangdong. It is the largest telecommunications equipment maker in the world, having overtaken Ericsson in 2012. Huawei has been helping operators to solve IT transformation issues based on the in-depth understanding of the telecommunications business for many years, in recent years, cloud computing, continuous innovation on network virtualization and global best practice make Huawei become the best IT strategic partner for the operators. Huawei’s strategic partnership-based IT operation and transformation management are helping operators to efficiently operate the existing IT systems and providing management for operator's IT transformation also helping operators to expand new business areas such as enterprise cloud. 2. Using newspapers, magazines, or the internet, find examples of operations and supply chain strategies. Write a few paragraphs describing the situation and the strategies begin pursued. (1) Operations Strategy Wal-Mart is one of the most successful and largest retailers in U.S. history. From 1945 to nowadays, it's operations strategy is to use low inventory levels and prices to generate faster sales based on low prices and value. Keeping inventory low allows the company to keep prices low for their customers, as well as replace products with new items once inventory is gone...
Words: 855 - Pages: 4
...XX XX XX UNIT CODE : SHRxxx–x STUDENT NAME : Rounak Loudhia STUDENT ID NO : 11xxxx6 UNIT TUTOR : CONTENTS |Particular | |Page No. | | | | | |Introduction |– |3 | | | | | |Review of Literature |– |3 | | | | | |Learning Theories |– |4 | |Reinforcement Theory |– |4 | |Constructive Theory |– |5 | | ...
Words: 2962 - Pages: 12
...com OBJECTIVES, AMBITIONS AND ASPIRATIONS ❖ To pass all the exams in November 2011 and May 2012 leading to qualification as a Chartered Management Accountant by December 2012 with the Chartered Institute of Management Accountants (CIMA). ❖ To be a Leader and drive positive change, enhance efficiency, effectiveness and productive use of organisational resources in the quest to increase profitability and return on investment to owners of organisations. ❖ To uphold ethics in execution of my professional duties and in my social affairs. EDUCATIONAL HISTORY Qualifications in progress, to complete in November & December 2011 examinations ❖ Advanced Diploma In Management Accounting - CIMA (to complete May 2012) ❖ Diploma in Management Accounting – CIMA (also to complete in May 2012) Completed Qualifications ❖ Certified Accounting Technician (NQF 5) - ACCA ❖ Certificate in Business Accounting (NQF 5) - CIMA EMPLOYMENT HISTORY Urban Genesis Management January 2012 to Current Revenue and Debtors Controller- CID Management Finance ❖ Supervise and Manage Revenue collection department(staff complement of 3 people) ❖ Run, analyse and interpret monthly debtors and revenue collection reports( Debtors and Management Accounts) ❖ Assist CID Managers with presentation of Management Accounts at the Quarterly Board Meetings ❖ Supervise the CID procument and payment processes, makes follow ups and verify that expenses are legitimate...
Words: 1138 - Pages: 5
...BUSINESS INTELLIGENCE---A STUDY OF ACCENTURE As companies grapple with the current economic situation, many are recognizing that this particular downturn in the business cycle is different from those that preceded it. Indeed, today’s business context—characterized by rapidly intensifying globalization that has substantially increased the complexity, risk and uncertainty of doing business—has only served to exacerbate the challenge of managing through a difficult economy. Many of today's biggest challenges come down to the different kind of decision making required to be successful. Organizations seeking high performance must make faster and bolder decisions. Companies must think both the positive and negative consequences of decisions made in this fast-paced environment. The systematic study of the organization’s ability to develop and sustain a culture capable of delivering quality products and services over time enables us to identify and understand the general requirements for doing so and provides insight into how to do it. In this paper I will share what I have learned about creating and sustaining an organizational value through integrated sustainability programs and business intelligence that is capable of high performance in Accenture. In a time of changing consumer values and economic uncertainty, the marketing function has a more strategic role to play in driving growth and high performance. Are marketers ready to step up? Accenture believes so—if they are prepared...
Words: 8559 - Pages: 35
...responsible for creating Accenture’s own social networking tool that allows collaboration among the company’s workers worldwide. Aptly called Accenture People, it resembles popular social networking sites, much like Facebook, and allows employees to create their own profiles provide a glimpse of each employee’s role in Accenture, including technical expertise and the projects in which he or she was involved. For a global company with numerous business units like Accenture, the idea is to simply make everyone more familiar with each other’s background and then encourage knowledge sharing. In the Philippines alone, Accenture has around 15,000 workers doing management consulting, system integration, and BPO(business process outsourcing). In terms of size, the Philippines is behind only to the United States and India in Accenture’s global network. “One of the challenges for us is collaboration,” said Michael Duff, project manager for Accenture Philippines, who leads a six-person team that developed Accenture People. “Different teams within Accenture have been using tools before that allow people to share knowledge on projects. This time, we put everything into a single system,” added Duff, who has been with Accenture for more than eight years. 필리핀 IT전문가 팀은 전세계 회사 직원들간의 공동작업을 허용하는 Accenture사의 소셜 네트워킹 도구를 만드는 것에 대한 책임을 지고 있다. 그것은 “Accenture People”이라고 불린다. 이는 페이스북 같이 인기 있는 소셜 네트워킹 사이트와 유사하고 종업원들이 Accenture사에서 어떤 역할인지 볼 수 있는 그들의 프로필을 만들 수 있도록 허락한다. 이 정보는 기술적 전문지식과 그나 그녀가 어떤 프로젝트를...
Words: 786 - Pages: 4
...Contents 5 6 Our Code at a Glance Stewardship To navigate, use the links provided in these sections: Contents (page 2); Our Code at a Glance (page 5); and the Index of Key Terms (page 42); as well as the Accenture policies listed throughout the document and the links at the bottom of each page. To zoom in and out, use the magnifier and back buttons. 10 Best People 14 Client Value Creation 18 One Global Network 24 Respect for the Individual 28 Integrity 36 A Model for Making Ethical Decisions 40 Our Responsibilities 41 Where to Go for Help 42 Index of Key Terms This file is in A4 format. The print feature on the navigation bar sets to your print settings. For further information, access our Policies Website. 2 | Accenture Code of Business Ethics Print Questions ? To All Accenture People: For more than 50 years, our success has been based on a core set of beliefs, behaviors and values that have transcended both generations and geographies. From our earliest days as technology pioneers to our position today as a Fortune Global 500 industry leader—collaborating with our clients to help them become high-performance businesses and governments—Accenture’s men and women have always been committed to upholding the highest professional and ethical standards. Accenture has six core values that are enduring and differentiating, and they continue to serve us well as an organization: Stewardship, Best People, Client Value Creation, One Global Network, Respect for the Individual...
Words: 15075 - Pages: 61
...than the manufacturing industry. When the work is being distributed to other companies, there will always be a scope for the cultural variations which will affect the efficiency of the organization. As the service outsourcing deals with the different cultured people involved, it is highly discouraged to tie up the performance of the company with the cross cultural management of the organization. Hence, the companies are adopting the cross cultural management such that the different cultured people, processes and the operations will be run under a same hierarchy which will be monitored by the management of the organization. In this document, the effect of the cross cultural environment will be discussed in the outsourcing department and how they have faced problems in designing a global strategy to handle the outsourcing. The management theories like Trompenaars will be specified in this document to enhance the knowledge of these theories on the practical life. This theory aimed at the development of the managerial patterns in an organization based upon the different cultural environments. I have chosen Accenture, the world’s largest business consulting organization which will outsource the projects to different countries based upon the requirement. Being a consulting company, my company, Clear Tech business consultants...
Words: 2548 - Pages: 11
...provider. Originally, this was associated with manufacturing firms, such as Coca Cola that outsourced large segments of its supply chain. BPO is typically categorized into back office outsourcing - which includes internal business functions such as human resources or finance and accounting, and front office outsourcing - which includes customer-related services such as contact center services. BPO that is contracted outside a company's country is called offshore outsourcing. BPO that is contracted to a company's neighboring (or nearby) country is called near shore outsourcing. Often the business processes are information technology-based, and are referred to as ITES-BPO, where ITES stands for Information Technology Enabled Service. Knowledge process outsourcing (KPO) and legal process outsourcing (LPO) are some of the sub-segments of business process outsourcing industry. In 2010, the Philippines surpassed India as the largest business process outsourcing industry in the world. After growing 20 per cent in 2012, the BPO industry of the Philippines is estimated to gross revenue of upwards to $25 billion by 2016. By these estimates, the Philippines' BPO industry will account for approximately 10 per cent of the nation's GDP. History Outsourcing is one such abstracted term that has, over time, amassed considerable positive momentum as well as negative baggage. Outsourcing has been around since the time of the hunters and gatherers. Those who were strong hunters hunted and those...
Words: 5948 - Pages: 24
...Due to speedy growth within the Management segment, a large number of people desire to build a profession in the same. Moreover, individuals who aren’t directly working within IT segment, indirectly operate with IT. Hall (1976) holds the view that the degree and qualifications hold no value in case if a reputable job isn’t grabbed afterward. After completing my bachelors in Management Studies and masters in Business Administration, the career that I have chosen is Management Consulting. Being a Management Consultant, has several benefits. Firstly, it offers good salary packages and high prospects to travel. Secondly, it offers opportunity to operate with top management of client’s organization. Lastly, the task never gets boring for the reason that it involves switching from one project to other and thus, provides opportunity to get hold of huge experience in distinct industries. Further, taking the above discussion into consideration this particular paper first highlights the job requirement of management consultant at Accenture. It also includes a thorough outline about the responsibilities and roles related to the position of Management Consultant. This is followed by providing a deep insight of my educational background, skills and abilities and also, mirrors the level to which my skills match with the required skills of the job profile. Lastly, the paper puts forward my personal development plan. Job Responsibilities of Management Consultant At the time when organizations...
Words: 2526 - Pages: 11
...Case 1 1. How does the Accenture People site help Accenture better serve its customers? By creating social networking site such as Accenture People site will definitely be very helpful for organization to provide efficient service. First, employees would able to access massive information on line in real-time matter to exchange information on work tasks and professional knowledge. Second, a world-wide company such as Accenture can use the site on speeding up their productivities on work procedures and decision making. Third, when there is a problem need to be solved, anyone who works in the company can get on the site and ask for immediate assistances. Above all, when employees use the Accenture’s site to gather correct information in effective way, consequently, they can satisfy their customers with efficient manner. 2. How successful do you think Accenture will be at getting its employees to create their profiles? Nowadays, because of well-developed technologies, organization can use this advantage to create this kind of networking site to cohere employees. Another advantage for Accenture, employees are supposed to have IT background, therefore, it would be easier for them to build up this Accenture’s site. 3. Can you see any drawbacks related to employees creating their own profiles? The major concern for creating personal profile in the organization is privacy. In my opinion, privacy should not be the issue at work place as long as the personal profile and information...
Words: 668 - Pages: 3
...1. Go to the Accenture website, www.accenture.com, to research and gather job- and career related information that might need to be adapted by other employers. As part of this research, examine how Accenture markets itself to current and potential employees. * For many organizations, a workforce is comprised of a mix of internal and external people. Recent Accenture analysis of this “extended workforce” finds that external workers, equipped with project-specific skills, are enabling organizations to seize marketplace opportunities faster, with more agility. To manage this extended workforce effectively, companies must create new organizational structures, facilitate interaction and collaboration among all workforce types, and integrate talent-related processes and systems. * “temp” workers—people used as a stopgap measure to fill in for employees on leave or to provide extra sets of hands during particularly busy periods. * Employing project-based workers is more than a tactical response to an immediate need, according to recent Accenture analysis. Indeed, such talent may be highly skilled, in-demand knowledge workers, performing at even the top levels of an organization. * The extended workforce trend * Using external, project-based workers has often been seen as primarily a cost-cutting initiative. . The channels, structures and transactions are entirely different—they are far more fluid and versatile than any familiar forms of accessing human resources...
Words: 1123 - Pages: 5
...Risk Management Student Name: Martin Norberg Student Number: 11284960 Course: Management Consulting principals Course code: BMGT43560 Lecturer: Kathleen O’Reilly Date: 17/11/2011 Table of Contents INTRODUCTION RISK MANAGEMENT BUSINESS ACTIVITIES RELATED TO RISK MANAGEMENT HOW TO BUILD RISK INTO AN ORGANISATION’S BUSINESS MODEL DELAYING PRODUCTION COMMITMENTS TRANSFERRING RISK TO OTHER PARTIES IMPROVE THE INFORMATION MANAGEMENT RISK MISMANAGEMENT TRENDS IN RISK MANAGEMENT THE FUTURE OF RISK MANAGEMENT CONCLUSION LIST OF REFERENCES BOOKS E-‐JOURNALS WORLD WIDE WEB 2 2 3 4 4 5 5 6 6 9 9 10 10 10 10 1 Introduction In this report one will analyse the consultancy area Risk management. One will describe the essence of Risk management, the trends, the future and enhance theories with “best practice-‐” but also “worst practice-‐“ examples from different industries...
Words: 2577 - Pages: 11
