The Evolving Role of the Integration Manager
Merger and acquisition (M&A) activity is surging and every deal presents new challenges for the integration manager. Accenture discusses the integration manager’s increasingly strategic role, along with job-specific challenges such as aligning third parties and working across multiple cultures and geographies.
Editor’s Note: I am on the fence about recommending this article. In a certain way it strikes me as a solution in search of a … [ Read more ]
Content: Article | Authors: Ryan McManus, Sanjiv Mehta | Source: Accenture | Subject: Mergers & Acquisitions
Strategy: A Structured Approach to Tracking and Realizing Shareholder Value
Too often companies launch capital-intensive change programs—whether related to technology implementations, supply chain transformations, product innovations or some other initiatives—and fail to capture the value originally targeted after the initial burst of attention and enthusiasm has faded. Accenture outlines the process for tracking and realizing shareholder value. This paper identifies methodologies that let organizations identify, measure and manage shareholder value in corporate initiatives—especially complex, long-term … [ Read more ]
Content: Article | Authors: Andrew Boernke, Rob Rutledge | Source: Accenture | Subjects: Change Management, Strategy
Solving the Skills Paradox: Seven Ways to Close Your Critical Skills Gaps
Record unemployment figures are, paradoxically, matched by record numbers of companies who cannot find the skills they need. Accenture analyzes its recent US Skills Gap Survey to understand the nature and extent of the skills gap—and proposes seven strategies that companies in pursuit of high performance can follow.
Content: Article | Authors: Breck Marshall, David Smith, Diego S. De León, Susan M. Cantrell | Source: Accenture | Subject: Human Resources
Leadership Ensembles: Orchestrating the Global Company
Companies can no longer rely on single individuals at the top to handle the complexity and uncertainty of the global environment. Instead, they need “leadership ensembles”—teams that can capitalize on diversity, stay current with developments in different parts of the world while anticipating future trends and their implications, and make smart decisions without sacrificing speed.
Leadership ensembles are groups of executives, each with distinctive expertise and … [ Read more ]
Content: Article | Authors: Claudy Jules, Joshua J. Bellin, Nandani Lynton, Robert J. Thomas | Source: Accenture | Subjects: International, Leadership, Management, Organizational Behavior
Managing Risks in the Supply Chain: Reaching New Standards
Supply chain risk is an increasingly common topic and for good reason: Almost any disruption—weather event, supply failure, technology glitch, financial fiasco—can affect a company’s ability to manage its supply chain. Accenture discusses the many forms of risk, surveys risk management technologies and introduces a five-step risk management program.
Content: Article | Authors: Carlos A. Alvarenga, Eric E. Lehmann | Source: Accenture | Subjects: Operations, Risk Management
Managing the Unthinkable: Scenario-Based Enterprise Performance Management
The more unpredictable business becomes, the more companies could use a dependable way to identify opportunities, formulate scenarios and avoid pitfalls without relying disproportionately on hindsight. Scenario-based enterprise performance management, a forward-looking, analytics-based capability, is designed to help organizations build strategies, forecasts, plans and budgets.
Content: Article | Authors: David Axson, Natalia Timofeeva, Robert Bergström | Source: Accenture | Subjects: Management, Strategy
The New Realities of “Dating” in the Digital Age
The Accenture 2011 Global Consumer Research Study identifies key trends in consumer attitudes and behaviors underlying an increasingly challenging marketplace. The research also suggests five potential blind spots that, when not recognized and addressed, may be hindering companies’ abilities to successfully engage with customers in today’s uncertain economy. Accenture provides actions that companies can take to help address these blind spots, attract and retain customers … [ Read more ]
Content: Article | Source: Accenture | Subject: Customer Related
High Performance through Cost Accounting: Confronting a New World of Higher Production Costs and Greater Volatility
In recent years, global market expansion and price volatility have made the job of cost accounting more important and more difficult. Accenture discusses the merits and drawbacks of several cost accounting alternatives and suggests ways to create an enterprise-wide function that is predictable, repeatable and scalable.
Content: Article | Authors: Doug Derrick, George Marcotte, Les Stone | Source: Accenture | Subject: Finance
Jack Welch
I’ve always believed that when the rate of change inside an institution becomes slower than the rate of change outside, the end is in sight. The only question is when.
Content: Quotation | Author: Jack Welch | Source: Accenture | Subject: Change Management
David Ulrich
At the risk of grossly oversimplifying, let me suggest that there is actually a deceptively simple formula for talent that can help HR professionals and their general managers make talent more productive: Talent = Competence x Commitment x Contribution… All three elements of this equation need to be considered and integrated to fully manage talent.
In this talent equation, the three terms are multiplicative, not … [ Read more ]
Content: Quotation | Author: David Ulrich | Source: Accenture | Subject: Human Resources
David Ulrich
Generally, when thinking about an organization, we turn to morphology (i.e., the study of structure or form), and we define an organization by its roles, rules, and routines:
* Roles define the hierarchy of who reports to whom and who has accountability for work.
* Rules represent policies and prescriptions for how work is done.
* Routines reflect processes or cultures within the workplace.
Content: Quotation | Author: David Ulrich | Source: Accenture | Subject: Organizational Behavior
David Smith, Diego S. De León, Breck Marshall, and Susan M. Cantrell
Resumes and interviews provide scanty insights into someone’s actual ability to perform at work. They leave out information on other crucial criteria too—such as how well an applicant would fit into the organization’s culture, how much drive and motivation he or she has and how well the person would work with others. To screen for these criteria, you can analyze data from a wide array … [ Read more ]
Content: Quotation | Source: Accenture | Subjects: Career, Human Resources
Wouter Koetzier, Adi Alon, and Kenneth Hooper
A primary goal of the funnel is to ferret out the best innovations by winnowing them through a series of stage gates that reduce risk. The reality is often very different. Driven by risk aversion and poor risk management capabilities, the process often weeds out big ideas in favor of small ones. Decision-making bodies often send back proposals for additional research and work, creating time- … [ Read more ]
Content: Quotation | Authors: Adi Alon, Kenneth Hooper, Wouter Koetzier | Source: Accenture | Subjects: Innovation, Risk Management
Wouter Koetzier, Adi Alon, and Kenneth Hooper
Venture capital firms typically create a portfolio of investments and manage them through the insights gleaned from the results of each. These firms often know in advance that most experiments will fail. They are often able to use their growing knowledge to double down on promising avenues and leverage the “skill to kill” to move away from investments that aren’t panning out. They understand that … [ Read more ]
Content: Quotation | Authors: Adi Alon, Kenneth Hooper, Wouter Koetzier | Source: Accenture | Subjects: Finance, Innovation, Management
Nigel Topping
When companies are first asked to be transparent by investors or major customers, they often start the journey somewhat begrudgingly. But as they become more transparent, they discover all sorts of things about their business. So the most interesting gem of transparency is that it leads to new insights, which leads to innovation.
Content: Quotation | Source: Accenture | Subjects: Communication, Social Responsibility (ESG)
Adam Werbach
One of the greatest gifts to the corporate world that sustainability provides is a mechanism to engage employees.
Content: Quotation | Source: Accenture | Subjects: Human Resources, Social Responsibility (ESG)
Robert J. Thomas, Joshua Bellin
Research into career paths at major corporations has shown that early promotions greatly enhance an individual’s chances of reaching a senior level, while those who are “knocked out” of the competition at early stages can be locked out of any further advancement. The implication: Senior managers are drawn from a pool of individuals who succeeded early in areas of individual contribution such as efficiency, while … [ Read more ]
Content: Quotation | Authors: Joshua B. Bellin, Robert J. Thomas | Source: Accenture | Subjects: Career, Human Resources, Organizational Behavior
IT and the Strategic Growth Agenda
A small but growing group of business leaders see IT as a way to spur change that prevents a company from peaking, then fading when its revenue growth stalls. They put IT to work to support strategy—to anticipate and respond to customers’ demands, renew their management teams and strengthen the layers of talent they’ll need if they’re to weather the bad times and grow fast … [ Read more ]
Content: Article | Authors: Gavin Michael, Paul F. Nunes | Source: Accenture | Subject: IT / Technology / E-Business
6-Process Model for Corporate M&A
The Role of Finance in Successful Serial M&A
What characteristics do successful “serial acquirers” often share? One is the vital role of the finance function in post-merger integration. Following a survey of executives at merger and acquisition (M&A)-focused companies in 12 countries and 21 industries, Accenture identified five critical M&A attributes, each of which demands top performance from finance people and systems.
Content: Article | Authors: Aneel Delawalla, Jeff Bezos, Jeff East, Oksana Kukurudza, Sara Cima | Source: Accenture | Subjects: Finance, Mergers & Acquisitions
