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Accenture

Accenture is a worldwide technology management consultancy, infrastructure services and


procurement firm with over 259,000 staff in over 120 countries servicing customers. With
unmatched expertise and extensive skills in all sectors and sector positions, Accenture partners with
consumers to make them become high-performance corporations and governments.

Accenture Vision

The annual technology roadmap of Accenture offers a view on the future of technology beyond the
present cloud, connectivity, and Big Data conversations. The roadmap of this year outlines the
technical developments for future-minded CIOs (chief information officer) to position their
organizations, not only to rely on cost savings and productivity enhancements. It gives specific steps
that CIOs are likely to take today and in the future to counter these phenomena.

Why we select the Accenture Company

Accenture provides broad distribution to centers in Europe, India and the United States, as well as a
committed, 2500-member application and development team. Their profound experience of how to
implement new technology and their long-standing partnerships with all large providers of
applications helps to provide opportunities across multiple innovations and platforms. Accenture
now has more than 10,000 seasoned human resources leaders working as a national network of
expertise, with activities in 35 countries. Accenture will increase the productivity of the political,
financial and tactical decision-making of clients with a focus on analytics by helping to transform
knowledge into insights, insights into actions and activities into performance. Accenture develops,
develops and runs the fundamental database system, software and governance that allows all data,
wherever it exists, to be a "true source of the reality."
The report should include the following:

1. Explain and examine the external factors affecting.

Businesses cannot operate in silos. Rather, they are connected to an external environment which is
dynamic and ever changing. This constantly evolving external environment impacts an
organization’s internal culture, strategy and processes.
Organization’s external environment includes a range of determinants that affect is decisions and
processes, as well as, multiple stakeholders who are directly or indirectly impacted by the
organization’s decisions. These determinants are termed as external factors, and these can range from
social to economic, to political in their nature. While each organization has its own set of external
factors depending on the market it operates in, following are a few common external factors which
impact most business to a varying degree directly or indirectly;

Accenture PESTEL Analysis

In the macro world, there are several variables that can influence the actions of every organization’s
managers. All examples of macro transition are tax increases, progressive regulations, trade
restrictions, population change and adjustments in government policy. Managers should categories
them using the PESTLE model in order to better evaluate these causes.

 PESTLE   is a strategic analysis approach that offers a practical context for evaluating a team or an
organization’s environmental pressures. It defines a system of macro environmental factors used in
strategic management in the environmental scanning portion. When carrying out a strategy review or
conducting market research, it is part of the external analysis and provides a certain description of
the various macro environmental variables to be taken into account by the organization. It is a
valuable analytical instrument to consider demand rise or downturn, competitive environment,
organizational capacity and path. Factors from PESTLE play an essential part in a strategy’s value
development potential. They are generally beyond the corporation's influence, though, and may
typically be treated as either risks or opportunities.

Kotler (1998) concluded that PESTLE analysis is a valuable strategic instrument for recognizing
demand rise or decrease, company role, organizational capacity and course. In comparison to the
SWOT and Porter Five Powers models, the PESTLE headings are a method for evaluating a scenario
and can be used by businesses to review strategic directions, including campaign ideas.

1. Political (Brexit effects on Accenture’s activities )

The rise in the politics of protectionism has influenced global free trade. A large amount of
Accenture's income comes from the United Kingdom and the IT sector will be seriously impacted by
Brexit. Low market exposure and economic instability in the economy have an immediate impact.
The new initiatives in the area would have a direct impact on Accenture’s sales and operational
costs. Ireland-based Accenture could also move some of its overseas activities to Dublin to take
advantage of the supportive Irish market climate. Brexit has boosted economic uncertainty which,
leading to a sharp depreciation in GBP since the referendum, has contributed to a drop in income
from UK operations.
 Institutional stability: Australian political system is viewed as reasonably stable
 United States. U.S. The state said U.S. businesses working other than U.S. IT outsourcing
would not earn tax benefits.
 Government-owned firms have agreed to send Australian firms further programs.

2. Economic

Economic considerations include shifts in economic policy, i.e. rising tax reductions, excise taxes
levied by the government, incentives from the government and tax cuts that will affect the company's
operating costs.

 Australia 's overall economy is booming at this point, apart from China's greatest threat, most
of its economic factors favor IT-related enterprises and thus also appeals to investors from
other countries.
 In Australia as well as worldwide, demand for IT is growing.
 Domestic IT (demand) expenditure: In the next five years, domestic markets will rise by
20%.
 Movement of money
 Prices of real estate: a decline in the values of rentals resulted in lower leasing rates.
 Attrition: Unemployment has ensured that the number of vacancies and employment losses
has been poor.

3. Social

Customer desires, cultural changes, sporting activities, etc. can have a psychological impact that can
impact the market cycle, impacting the overall sales that prestige of companies.
 Education: IT education is provided by many national technical institutes and universities.
 Population of working age.
4. Technological

In the near future, automation in the IT sector will affect the organization. Automation can assist
enterprises such as Accenture to identify additional revenue opportunities, actionable data, and
shortened time to market and decreased costs. In its internal activities, such as app development,
Accenture leverages technology and also supports consumers through sectors such as banking,
financial care, engineering and others. This leads to considerable cost savings and increases
performance, market resilience and process intelligence.

IT market automation would have an impact on the sector in the immediate future. Automation can
assist enterprises such as Accenture to identify additional revenue opportunities, actionable data, and
shortened time to market and decreased costs. In its internal activities, such as app development,
Accenture leverages technology and also supports consumers through sectors such as banking,
financial care, engineering and others. This leads to considerable cost savings and increases
performance, market resilience and process intelligence.

In the technology sector, Accenture has been aggressively seeking acquisitions to develop its
technical capabilities throughout areas such as internet, cloud and security and others. In August
2017, VERAX Solutions, a boutique Toronto-based technology and systems integration consulting
company, was recently acquired in the financial services room. Clearhead, a data optimization firm,
was also acquired to improve its capability for personalization services. In 2017, the company
executed many other acquisitions across areas such as cloud, internet, analytics, ERP, consultancy
and several more.

5. Legal

New laws and additional requirements which may impact the costs for the company Accenture’s and
their supply chain activities include regulatory considerations.
 IT SEZ requirements: SEZ should be set up by IT corporations with a gross surface area of
minimum 10 hectares, with revenue incentives and tax incentives at their disposal.
 Contract / Bond requirements: immense controversies over the responsibilities for employers
who do not have to practice lawfully.
 IT Act: the Indian Government is improving the IT Act 2000 in order to offer businesses,
especially data protection for transmission and storage, a sound legal climate.
6. Environment

Accenture is committed to environmental protection that goes beyond enforcement requirements and
sets new criteria. Sustainable ecosystems help healthier cities thrive. Accenture has also invested
extensively in research and development to help its consumers boost their sustainable efficiency
through initiatives and solutions. In addition, Accenture also promotes initiatives through its offices
worldwide to minimize energy usage through the use of solar energy. The organization will reduce
its carbon emissions by an average of 2.0 tons, from 4.04 metric tons in 2007, on average by 2020,
by each employee.
These external factors affect the internal environment of the organization and its overall strategy as
well. Organizations must respond to changes in the external factors and adjust its strategic planning
to ensure continued market competitiveness, and profitability. Depending on the market an
organization operates in, changes in any one of the abovementioned factors would require adjustment
in the organizational strategy. For example, an increased in the minimum wage by the government
might mean increased cost of labour per unit which would drive up the overall cost per unit. This
would impact the competitiveness of the product and decrease the revenue earned from the sales.
This change in the economic policy would require the organization to review its strategic planning. It
would either have to cut down its cost (by perhaps laying off workers or decreasing fixed cost etc.)
or to increase the price per unit which would make the product less competitive in the market and
may decrease sales and revenue. This is a small example considering only one external factor. Often
time’s businesses have to deal changes in multiple external factors, and this requires adjustment in
the strategy planning in order to ensure that business continues to flourish as achieve its mission.
2. List the important stakeholders of your chosen organization.

Stakeholder is any person, group or entity that have a direct vested interest in the performance and
functioning of an organization. Some of the stakeholders are internal i.e. owners, staff, workers,
while others are external i.e. consumers, government, community. Stakeholders take a keen interest
in the way an organization operates as they have either attached their risk to the organization or are
directly impacted by the activities. E.g. employees in an organization are a key stakeholder, as they
are directly impacted by the organization’s decisions. In case an organization decides to diversify
into new market or sub- contract work to employees in other countries, a lot of employees may lose
jobs, therefore, they have a stake in the organization’s decisions. Similarly, owners of a company
invest capital into their business thereby attaching the risk of loss to the company’s performance. In
return for their investment, they expect their manager to make decision that will earn them high
profits and ensure continued high performance. Therefore, by virtue of their vested interests,
stakeholders exercise a lot of influence on an organization’s decision making.

This year in Davos, corporate managers have entered a new era of doing business — one in which
profit is not the sole guiding factor. The executives of today continue to recognise their
responsibilities as corporate accountability guardians and to take care of the needs of all their
partners and not just customers.

A recent report of the World Economic Forum has established, in collaboration with Accenture, five
core elements in a modern paradigm of responsible leadership, based on good operational outcomes,
combined, with meaningful social and environmental effects, for a stakeholders' entrepreneurship
age.

The report indicates that solving the problems of the next decade in order for development to
increase and boost the social outcome allows the study's leaders to provide a broader variety of
characteristics and functionality.

The graph reveals additional terms in profit calls in the past two years correlated with the five items,
calculated in proportion. Note: Technology firms will emphasize connections to fundamentally
technology and engineering principles, as they reflect a relatively large proportion of profitable as
trusted developers. Therefore we ran again the study of omitted technology firms, which meant that
additional mentions of technology & innovation stood at 97%.
Stakeholders’ expectation can influence organizations decisions directly or indirectly. Employees are
an internal stakeholder and they expect to be paid on time irrespective of the sales and profits.
Additionally, they expect to have job security, so they do not have to move jobs frequently. This may
influence businesses’ hiring policy and their employee benefits. Similarly, customers expect to be
provided with safe reliable products with correct label information. This may push the companies to
reveal all the ingredients in their products, regardless of their own preference to hide a few unhealthy
ingredients.

3. Use appropriate tools


The Porter Five Factors is a comprehensive planning paradigm that has not only examined the
emerging competition for strategic decisions. Porter Five Forces reflects on how to create a
sustainable strategic edge in the IT sector. In order to establish a competitive role in the IT services
market, the managers at Accenture Plc are able to pursue attractive prospects throughout the whole
technology market.
Threat of New Entrants

Newer IT Services stakeholders are introducing creativity, diverse approaches and exerting a lower
price policy on Accenture Plc, lowering costs and offering consumers new value-added ideas.
Accenture plc must face all these pressures and create successful hurdles to maintain its competitive
advantage.

 How Accenture Plc tackles new applicants' risks

Innovative digital services and goods. Not only does new product draw new buyers but it also
provides an incentive for old consumers to purchase Accenture plc products.

By building economy such that the fixed cost per unit can be reduced.
Capacity building and research and development money investment. New entrants are less likely to
join a competitive sector in which existing players such as Accenture plc periodically identify
expectations. This decreases the opportunity of exceptional profitability for new entrants
dramatically, discouraging potential competitors in the market.

Bargaining Power of Suppliers

Most of them all purchase their raw material from various vendors in the information technology
services sector. The margins Accenture plc can gain for market share decrease suppliers in the
dominant role. Powerful manufacturing providers use their bargaining ability to bring higher rates
out of IT businesses. The net consequence of higher negotiation leverage is that it decreases the
overall effectiveness of IT services.

 How Accenture plc should cope with suppliers ' bargaining strength

By establishing a multi-provider productive supply chain. By using different products to play with
product styles, if costs escalate from one ingredient then the business will move to another.

Establish dedicated suppliers that rely on the group. One lesson from Accenture plc is that Wal-Mart
and Nike have built third-party suppliers whose businesses rely entirely on them to build a situation
in which these third-party producer have considerably less negotiating power than Wal-Mart and
Nike.

Bargaining Power of Buyers

Buyers are typically a rough collection. By paying the lowest price you want to buy the best deals
available. In the long term, this placed pressure on the earnings of Accenture plc. The lower and
more strong the client base is, more consumers will negotiate and demand growing deals and rewards
at Accenture plc.

 Why Accenture should cope with the purchaser 's purchasing force

Through the construction of a large client base. In two cases, this is useful. It eliminates the
customers' negotiation leverage and allows the company the chance to streamline its distribution and
manufacturing processes.

Innovative new products fast. Customers also demand discounts and deals on existing goods,
meaning that if Accenture plc wants to manufacture new products, the negotiation potential of
customers can be limited. The defeat of existing Accenture plc clients on its rivals would also be
minimized by new goods.

Threat from Substitute Products


When a new product or service responds differently to a common customer's wishes, competition in
the market falls. For starters, services such as Dropbox and Google Drive may replace physical
storage drives. If a value concept is present that is uniquely different from present deals in the
market, the threat of a competing product or service is strong.

 Why Accenture Plc can do the management of replacements

By being geared towards service rather than commodity. Through knowing the consumer’s
fundamental desire regardless of what the consumer orders. The cost for the consumers is raised.

Rivalry among the existing players.


If the competition between the industry participants is high, the prices will decline and the overall
output of the industry will be reduced. In a highly competitive information technology market,
Accenture plc works. This rivalry pays off the company's overall long-term sustainability.

 How Accenture Plc will tackle extreme rivalry among the current IT services industry rivals

By establishing a durable distinction. Via construction, it is better able to compete. Act alongside
rivals to widen the market rather than just participate in the small market.

Implication of five factors

Accenture plc strategists can achieve a comprehensive understanding of what influences the
performance of the company in the information technology services market by evaluating the five
strategic powers. Early on, they can detect game-changing patterns and can adapt rapidly to leverage
the new potential. Accenture plc’s managers will mould these forces in their favor by knowing the
Porter Five Forces in great detail.

4. Use any two modelling tools


In case of Accenture, the Ansoff’s Matrix model is applied which provides it a four-way solution as a
basis to generate strategy options. In order to keep up the market share and grow business
worldwide, Accenture needs to focus on market penetration by marketing of already existing
products in a way that it attracts bigger market share (Cescau & Rivers, 2009). By entering into new
markets with existing products, market development is done. When a company has a market and gets
to know its needs, product development is required. When a new product is developed for a new
market, the diversification takes place. It requires consideration to both sides equally. Ansoff Matrix
proves to be a significant tool considered by organizations to formulate their strategy options in any
of the upcoming scenarios.
Market penetration by Accenture can be made with existing products in order to keep up the way
towards sustainability and gaining competitive advantage by increasing the awareness of its different
brands in strong markets with high demand. Adopting this strategy is important in such times when
the competitors are strong and the competition is neck to neck.

The Generic Technique of Porter:

Porter's generic strategy, cost savings and ideas of differentiation are very important and practical.

Cost leadership is that concept in strategic planning which works on the principle that the internal
capacity of product development costs minimum, which brings maximum profit to the organization
whereas it reaches to the market in lowest possible prices. However, the quality of that product is
kept at its best. Keeping in view the importance of maintaining best quality with the least cost of
production resulting in max profit whereas putting the commodities in lesser and competitive prices
is the best strategy to capture more market. The branding and advertisement of products will play
their roles in parallel with each other. Accenture can achieve this strategy by lowering its operating
cost by trying to limit overhead expenses at every possible point. First of all, innovative and
sustainable ways of production to be explored. The top management of can fly economy instead of
first class, and they can share rooms. Employees should inspired to adopt cost-cutting options. In
addition, efficiency levels should be preserved such a manner where they can be compensated low
pay and provided with reduced value health insurance tactics if reports are raised against staff.

Differentiation method: This technique means making the goods of Accenture more inventive,
inventive and not the same as their competitors. Accenture seeks to put the quality of its brands as its
main attribute and is rewarded frequently by premium pricing. By creating brand loyalty from clients
to Accenture’s goods, they do it.

Depending on the business environment, the approach of the rival and the needs of the customer, one
alternative could perform better at one time than the other at another time. Therefore, at the right
moment, choosing for the right approach choice determines the destiny of the company and so is in
the hands of leadership.

5. Establish comparable practices with another rival in the competition within the preferred
organizations. After that, build choices that form the base of your desired organization’s
potential corporate plan.

6. When designing a strategic plan for your chosen company, what are the main considerations
you will consider? Proposing an effective framework for a strategic plan that assures equitable
input from all members in the company, based on the main factors defined.

Structure of a plan to deliver the strategy


 Vision/Mission:

A vision statement outlines the aspirations of where a company wants to go in the future, whereas,
the mission statement layouts concrete steps and values of how a company will get there. Company
strategy must be aligned with its vision/mission.

 Corporate Values:

Corporate values are the guiding principles or ethos according to which a company interacts with its
stakeholders and manages its internal affairs. Company strategy must stay true to business’s
corporate values.

 Strategic goals/Initiatives:

Strategic goals are company’s priorities that outline what a company intends to achieve through its
efforts and strategies. Strategic direction of the company is based on its strategic goals.

SWOT Analysis:
SWOT analysis is a strategic planning tools that helps a company identify its internal
strengths/weaknesses and opportunities/threats posed by external factors in its environment.

 Competitive Advantage:

Competitive advantage analysis helps the company identify its product attributes that allows it to
have a competitive edge over its rivals. It can range from low cost per unit to superior product
quality to better quality customer responsiveness.

 Balanced Scorecard analysis

Balanced scorecard is a semi-structured report used as a strategy performance management tool. It


can be used for monitoring and evaluation of the strategy plan.

 Execution plan
An execution plans lays out the targets and milestones a business needs to achieve according to its
strategy. Additionally, it outlines a clear roadmap to be followed to achieve those targets. An
execution plan has several components such as redirecting resources, incorporating best practices
and retraining of staff, incentivizing achievements etc.

Establish requirements based on the current framework of the organization’s action plan by
evaluating possible alternatives required to build a realistic strategy plan. After that, create an
approved strategy plan that covers all the ramifications of the assets.

Enterprise Risk Assessment by Accenture


Risk can influence the bottom line of the private sector, but risk can cripple project productivity and
programme success for the public sector. Federal agencies aim to handle risk effectively; however,
such procedures are normally carried out in silos and often in limited response to enforcement
mandates. Federal organizations require a clear, enterprise-wide risk approach to maintain high
efficiency, enabling them to be constructive in mitigating risk, rather than reactive after harm to
systems and services has been incurred.

In an evolving operational and programme environment, Accenture business risk management


systems enable government organizations develop and track structure, control and authority to drive
the continued development of the risk management capability of the organization. We offer a rare
mix of tools to embed risk management in the federal organization, including policy consulting,
system design and technology implementation capabilities, commercial best practices and change
management services. We assist federal customers in obtaining a balanced understanding of
economical, technical, legal and regulatory risk. Clients can enhance decision-making, productivity
and efficacy by recognizing the complex risk environment and remain focused on delivering high
results.

To reap the benefits of risk assessment

The Accenture 2019 International risk assessment Survey found that more than 85 % of respondents
suggested that they wanted to change their risk management capability. Lagging risk control skills
means that a company does not plan properly on just what it can do to achieve improved results. By
allowing smarter options and having a major effect on organizational efficiency, business risk
management will bring benefit to federal agencies. Enterprise risk assessment capabilities from
Accenture include an enterprise-wide viewpoint that helps agencies on many fronts to assess and
mitigate risk:

 Financial risk: challenges to expenditure and finance, risk to financial transactions and
activities
 Operational risk: risks to networks and procedures, corporate stability, abuse, bribery,
protection and risk management
 Legal and administrative threats: compliance, limits of capital, fines, lawsuits and
reputational risk

Customers recognise the interdependencies across systems, threats and controls that are exchanged
across divisions and initiatives, with the aid of Accenture enterprise risk management resources, and
thereby have the ability to incorporate a cohesive and streamlined approach to enterprise risk
management. Among the results of this strategy are:

 An enterprise-wide and successful risk and performance recognition, assessment and


reporting system that facilitates reliable and consistent decision-making.
 A cost-effective approach for the planning and execution of improvements to the conditions
for approval.
 A centralized repository of risk, legal and regulatory data to reduce the time and costs
involved with reacting to internal and external stakeholder questions.
 A transparent and efficient governance framework that ensures a direct line of sight of
success toward organizational, financial and regulatory goals for programme and executive
leadership. In addition, the agency can reduce overlap, eliminate uncertainty and optimize
productivity through its risk management systems by reducing risk management silos.

Capturing the Accenture entire landscape of risk

Accenture focuses on converting the risk management role of the organization from a collection of
independent operations to a mechanism of systemic reach and value through business risk
management services, covering all facets of the business, including acquisition, funding and
operational decisions. We evaluate the current situation, develop risk controls and bring a risk
management approach into operation. Five phases are part of the process:
 Fast scan: Evaluate the overall risk management environment of the agency and define
threats at the level of the operation.
 Risk environment and value chain mapping-Define the organization’s strategic business
priorities, establish the risk landscape, and then evaluate how these risks affect output across
a value / process network.
 Risk management dashboard-Develop risk management indicators and determine which main
data components should be tracked to keep the organization aware of threats.
 Self-assessment of risk and control: Program administrators perform a self-assessment of
procedures and associated risks.
 Building and enforcing the system for risk management-populating the structure with
applicable data and executing the risk management approach.
To achieve high risk management performance

A skewed perception of organizational risk encourages those threats to fall through cracks. A high-
level and wide image of all the threats, reviews and compliance measures within a cohesive structure
offers Accenture organizational risk management services. This allows federal agencies to deal with
threats before impairing their efficiency.

Accenture Risk Assessment services

Operating in a continuously competitive and unpredictable economic landscape, banks, financial


markets and insurers face unprecedented obstacles in terms of their stability, the viability of their
corporate structures and activities, and an accelerating regulatory agenda.

Our finance and risk services will help businesses in financial services cope with these issues with
transparency and trust. We help organizations improve their drivers of sustainability, minimize risk
exposure to their markets, mitigate internal operational uncertainty and costs, effectively handle
compliance burden and challenges, and translate organizational transformation into a catalyst for
profitable development.
Approach Details Advantages &

Disadvantages of approach

Strategy is designed by the Advantages: Since this

key individual managing the approach is individual

business. In this approach, driven, its less time

prime focus is on seizing consuming to formulate,

opportunities rather than implement and iterate.

solving problems.

Entrepreneurial mode Disadvantage: This

approach does not factor in

the potential problems in

implementation of strategy.

It’s often instinct/vision

driven and not based on hard

numbers/data.
This approach is Advantages: With this

characterized by reactive approach, the strategy is

Adaptive mode solutions to existing open to iteration and

problems, rather than a changes in the market.


Proactive search for new Disadvantage: The strategy

opportunities. is fragmented and can

potentially miss out on big

Opportunities.

This approach Advantages: Backed by data

systematically gathers and market information.

relevant information for More dynamic as it factors in


business’s visions as well as
situation analysis, generates implementation challenges.

alternative strategies and


Disadvantage: Process of
rationally selects the
formulation is long and
appropriate strategy after
Planning mode time-consuming.
careful consideration of its

strengths and weaknesses. It

requires both the

constructive quest for new

ideas and the reactive

settlement of current issues.

Application of modelling tool to Accenture


In view of the advantages and disadvantages of each approach, Accenture should take up the
planning approach to conduct situation analysis, consider alternative strategies and then
rationally selects the appropriate strategy for its fledgling business. Accenture operates in a
digital economy which is susceptible to change very swiftly, additionally, the business itself
Is in its nascent stage of growth, therefore, it must rely on hard data backed strategy rather than
taking strategic decision on the flying based on its instincts.

7. Explain the core principles of the selected company (ethical, cultural, financial, social and
company) and equate them with the organization’s actual corporate objectives?

8. Create the required vision and mission statements of the selected company on the basis of
core principles consistent with corporate priorities, as stated in Q.7. Produce accepted
potential organizational priorities of the company in more coordination of the
organization’s strategy and mission statements. Finally, designing metrics to test the
organization’s strategic plan?

Accenture Vision and Mission


Accenture plc's mission and vision statements demonstrate that the organization understands and
understands the complexities of the world of businesses. Their concentration is also a sign of a
company knowing how to successfully conduct its activities through programs that are
customized for specific customers ' needs. As a result of these business ideals, Accenture has
actually reported an admirable growth trend since 1989 to one of the 500 worldwide fortunes.

A declaration of business goals focusses on the future and a declaration of the plan reveals how
we will do that. In this situation, Accenture's mission statement highlights that its consumers will
unleash their potential. The mission statement reveals that they can achieve this by market
analysis research. Accenture further simplifies its work by leveraging key principles to ensure
that everyone is still loyal to the company's mission and vision.

Accenture Vision
The purpose declaration Accenture vision is to become "one of the world's leading businesses,
introducing technologies to change the way the environment works and lives." The points are as
follows:
1. International coverage
2. Innovation in promotions
Accenture today has expanded its market beyond national borders. It is a worldwide organization
with leadership in different sectors. This organization sees creativity and study as the greatest
tool in this respect. Accenture therefore tends to be a step forward of other businesses.

Accenture Mission
The Accenture mission statement demonstrates that our consumers are mainly concerned with
the performance of their consumers. These components can be explained:

1. Improving industries by transformation in technologies


2. Making a difference

Accenture allows its consumers to meet their goals quicker and efficiently by designing the most
disruptive processes, business concepts and tactics. That is why it is the best of worldwide
consultancy, technical advancement and technical development. Accenture’s experience in
various markets has earned awareness that the business is adaptable. It has impact, among many
more, in life studies, hospitals, vehicles, financial markets, banks, travel and insurance.

Accenture Values
Accenture's core principles are "stewardship, good staff, the development of customer service, a
global network, reverence for individuals and honesty." Accenture built the company's venerable
ways to manage its business around these ideals. Her activities mean that all her workers owe
something to them. They also create an atmosphere in which consumers get the most from
working with Accenture.

Conclusion
World's biggest advisory company: it is the world's top consultancy company, focused primarily
on IT and market advice services as regards revenues. It has outstanding corporate ethics and
uncompromising high-performance expectations.
Strong Client: It has a wide user base with many major businesses with Accenture as their
advisors. Among the 100 best-known firms, almost 90 have Accenture as a consultancy
company, with more than three quarters among worldwide fortune.

Business Distribution Network: Accenture provides a nationwide service delivery network of


over 200 cities and 56 countries, with 390,000 committed workers actively working to supply
consumers with the best quality service.

Processes based on client: Accenture allows you to build an industry-based, competitive value
for its advisory members through good market interaction and customer focused approach.

Continuous improvement: As with Toyota's Kaizen, Accenture works still to strengthen its skills
and recruit a stronger, more skilled team that can fulfil its clients' pledge.

Miscellaneous capabilities: It has built a variety of roles within its teams of five functional units,
covering advertising, media & infrastructure, financial services, medical & public care and
product expertise. For each vertical, the skilled and educated staff is what separates Accenture
from the rest.

Expertise: Accenture has a lot of expertise and the ability behind it, ranging from healthcare to
engineering and informatics systems. Accenture then has been the "specialist" or "expert" in
numerous industries.

References
Accenture Annual Report 2016: https://www.accenture.com/t20161030T213116__w__/in-
en/_acnmedia/PDF-35/Accenture-2016-Shareholder-Letter10-K006.pdf#zoom=50

Accenture website: www.accenture.com

 Accenture – About.
 Bowen, S. A. (2018). Mission and Vision. The International Encyclopedia of Strategic
Communication, 1-9.
 Calder, W. B. (2014). Achieving an Institution’s Values, Vision, and Mission. College
Quarterly, 17(2), n2.
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