Future Finance: How Technology Can Help Create a High-performance Finance Function

A new survey from Accenture and the Economist Intelligence Unit finds a lack of awareness about the role of technology in improving finance operations. Here are the areas of mastery – technology, structures, processes and outsourcing – that organizations need for a superior finance function.

Executive Issues 2005: High Performance and the Need for Balance

In Executive Issues 2005: High Performance and the Need for Balance, we look at the concerns of business leaders in light of their aspirations to achieve high performance and the journey that requires. In this annual survey, more than 400 leaders of the largest companies and public sector entities around the world tell us what business issues make their Top 10 list. With three years … [ Read more ]

Chains, Shops, and Networks: The Logic of Organizational Value

An accurate understanding of an organization’s value logic (which can also be thought of as its business model) is critical. Accenture’s research into distinctive capabilities, one of the building blocks of high-performance business, shows that a company’s ability to create a customer-centric “value algorithm” is central to the business’s success. At the highest level, a company’s value logic can provide important insights that enable a … [ Read more ]

How Do Things Really Work Around Here?

Most companies and government agencies have an organization chart. The vast majority of these charts feature a traditional tree-like structure, and executives will readily admit that the chart does not reveal “how things really work around here.” While they may still rely on their organizational chart for navigation-finding their way around the organization to get work done-most would say the charts are incomplete or totally … [ Read more ]

Enhanced Business Reporting

Public dissatisfaction with the mismatch between industrial rules of disclosure and post-industrial realities has surged in the last decade and a half, especially recently in the wake of well-publicized corporate swindles. In response, the American Institute of Certified Public Accountants (AICPA) convened a special committee on enhanced business reporting (EBR), asking it to develop a strategy that would “make better information available to investors, creditors … [ Read more ]

Visible Options

The real options approach can help company leaders make much better decisions than they would if they employed the traditional DCF method alone. But in practice, even the use of these two techniques together does not give enough visibility to issues that should be paramount for executives who have to decide about funding innovative projects. In addition, these evaluation tools do not indicate how initiatives … [ Read more ]

Mastering Learning Management

Recent Accenture research has shown that C-suite executives highly value the importance of learning in improving worker productivity and overall performance. But only 16 percent of executives are very satisfied with their learning programs. Here are some essential practices for mastering the learning function.

Aldous Huxley

Experience is not so much what happens to you as what you make of what happens to you.

Is Your Supply Chain Optimized for Global Trade?

International borders may be invisible, but many high-tech manufacturers these days are tripping over them. In search of growth, companies are expanding their capacity for cross-border trade. To be successful, companies must manage the risk and complexity inherent in global supply chain networks.

Shared Services Performance Measurement and KPIs

Objective performance monitoring and analysis are essential to demonstrating the benefits that adopting the Shared Services model can bring to the client organization, helping it to attain its high performance goal. This Point of View focuses on how to realistically measure Shared Service Center operations. Examples of Key Performance Indicators and a Performance Measurement model are also included.

The Rise of the High-Performance Learning Organization

Results from the Accenture Learning 2004 survey of 285 cross-industry learning executives reveal that a select group of “high-performance learning organizations” are leading the way when it comes to the impact of learning and training on overall performance.

Unfinished Business-European Competitiveness and the Single Market

A number of barriers are limiting growth opportunities in the European market today. This comprehensive report-the result of surveys of about 450 business leaders from the European Union, the United States and Japan-looks at the major business barriers within the single market. We also lay out five key actions companies can take to overcome those barriers.

The Information Environment for Intangible Asset Management

For more than a decade, there have been arguments in favor of measuring and managing intangible resources. This class of assets (something the organization has) and capabilities (something it can do) includes such factors as human capital, knowledge capital, brand, R&D capability, IT and information management capability, and other non-financial resources. Numerous articles and books have been written on the subject, and separate Accenture research … [ Read more ]

A New Paradigm for Managing Shareholder Value

A staggering proportion of enterprise value does not depend on current operations, but rather on expectations concerning growth opportunities-what Accenture calls future value. Much of that future value depends, in turn, not on the resources (assets) that traditional accounting practice handles well-i.e. the monetary and physical assets-but on the resources it hardly handles at all-such as, intangible and intellectual capital. Many of the most successful … [ Read more ]

Mastering Workforce Performance Appraisal

Recent research from the Accenture Institute for High Performance Business has underscored the fact that high-performance businesses get superior results from their employees by understanding their core skills and development needs, and by selectively investing in appropriate human capital processes and tools. The report summarizes three key sets of best practices that are vital to building and maintaining a valuable performance appraisal system.

Driving High-Performance Outsourcing: Best Practices from the Masters

Companies beginning an outsourcing initiative often have more questions than answers. This article presents the results of a study by Accenture and the Economist Intelligence Unit, synthesizing the outsourcing best practices and ideas of hundreds of global executives from companies who have “been there, done that.” In addition to the overall results, you can see specific survey results by industry, including automotive, consumer goods and … [ Read more ]