• Team Members: • Aditya Akshay (6) • Harjot Singh Chance (18) • Rajesh T R (36) • Harshit Vyas (66) • Raunak Anil Kapoor (84) Summary
• Accenture (then, Anderson Consulting) was created as the consulting arm of
Arthur Anderson. It later separated itself from its parent and shifted its focus on IT consulting. • The case study describes how Accenture shrug off the envelope of its parent’s brand and launched a large-scale advertising campaign to re-brand itself, carved out its own identity including a name change, and conveyed this to its business customers. It retained most of them and got many more. • Accenture’s new brand was very strong and focused on innovation. It marketed itself as a provider of both business process as well as IT solutions as against its competitors who offered one of the two. • The case also speaks about Accenture’s association with Tiger Woods and how it was affected due to a scandal in which he was involved and how it re- launched its affected campaigns. • The case signs off with a mention of Accenture’s strong standing among the world’s biggest firms and its high revenues indicative of its excellence. Questions & Answers
What has Accenture done well Dropping Tiger Woods – Was
to target its B-to-B audience? it correct?
• It successfully re-branded itself as separate from its Pros
erstwhile parent (thereby removing a negative perception) alongside with retaining a part of its equity (like its • Sending a message that it works only with those who website’s name) which helped it retain most of its original are at the top and have a spotless image customers. • Preventing customers from getting distracted while • It marketed itself as a provider as well as executer of both receiving Accenture’s message through campaigns business process and IT solutions as against its competitors featuring Woods like McKinsey (provider of business process) and IBM (implementer of IT solutions). • Preventing reduction of credibility because association with Woods might show them to be • It initiated a policy where it linked its incentives with its approving his actions performance in many of its contracts. • Showing them to be upholding moral values • It brought on board Tiger Woods, then the world’s top golfer, at his peak when he carried an immaculate image Cons thereby enhancing its international appeal. • Showing them as inconsiderate and disloyal, who • It disassociated itself with Woods when he was hit by a deserts their partners in times of difficulty scandal conveying a message that it worked only with winners. Additionally, it re-launched its message featuring • Distancing themselves from a global icon might animals this time, thereby fool proofing themselves from reduce their reach similar scandals. Our stance • Accenture currently is focusing on digital solutions to project their High Performance Delivered campaign. • Yes, Accenture has done the right thing since the pros outnumber the cons. Retaining Woods might • Shifted their focus from celebrity focused advertising to have affected their image which in turn might have more generic advertisement. (attract customers, cloud resulted in loss of business. business perspective, present everywhere, digital growth in new ways etc.)