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GROUP REPRESENTATIVES
INTRODUCTION
Accenture is a global management consulting, technology services and outsourcing company, with approximately 236,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the worlds most successful companies. Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$25.5 billion for the fiscal year ended Aug. 31, 2011.
HIGHLIGHTS
Accenture began in 1942 as administrative Accounting group. In 1989, it launched as a separate business unit focussed on it consulting. In 2000 Andersen consulting was granted its full indipendence from Arthur Andursen. Dec.31.2000,Andersen consulting officially adopted the Accenture name.
Objective
To build its brand and separate itself from Accounting firm.
KEY ISSUES
KEY PROBLEMS
Senior executive are not capable to execute and deliver on idea. Fails to create brand awareness.
Provides heavy advertisement, marketing and communication campaigns to sell its products in large scale (automatically)
SWOT
SWOT is an acronym for the internal Strengths and Weaknesses of a firm and the environmental Opportunities and Threats facing that firm. SWOT analysis is a widely used technique through which managers create a quick overview of a companys strategic situation.
The technique is based on the assumption that an effective strategy derives from a sound fit between a firms internal resources (strengths and weaknesses) and its external situation (opportunities and threats).
Strengths
Weaknesses
Internal
Broad offerings
Strong financials
External
Opportunities :Steady growth in IT outsourcing Growing demand for new media technologies Positive outlook for health care IT spending
Threats :Economic slowdown Increasing regulation in government contractors Problems with subcontractors
BCG Matrix
High High Low
stars Cash cows
Low
Problem child ????
Dogs
Suppliers
(supplier power)
Industry Competitors
(Segment rivalry)
Substitutes
(Threat of substitutes)
Suggetions
Customize marketing It should focus more on It should look out for its potential entrants.