The slogan consulting giant Accenture adopted earlier this year is, "Now, it gets interesting." Anybody following the company has to agree. Few companies have experienced as much volatility--or change. Arguably, none has emerged better-positioned. Following a bitter split with Big Five sister firm Arthur Andersen last year, Accenture began 2001 forging a new identity. A few months later, it pulled off a successful $1.67 billion IPO, turning Accenture into the largest publicly held consultancy in the industry. The man responsible for navigating the $11.4 billion firm is Joe W. Forehand, CEO since 1999. Forehand joined Accenture's Atlanta office in 1972 and became a partner 10 years later. During his career, he led 11 of the company's 18 industry groups and was a driving force behind Accenture's e-commerce efforts.
Since Forehand's ascension, Accenture has emphasized business-transformation outsourcing, which combines traditional outsourcing with consulting and other capabilities to improve key business functions and achieve a significant and sustainable improvement in enterprise-level performance.
Now Forehand wants to make Accenture a No. 1 company in IT services. It's a difficult assignment, but that's nothing new to the company's tough CEO.
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Five Companies That Dropped The Ball This Week For the week ending Feb. 10, CRN looks at five companies that were either asleep at the wheel or just didn't make good decisions. |
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Five Companies That Came To Win This Week For the week ending Feb. 10, CRN looks at five companies that brought their 'A' game and made moves to beat out competitors |
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10 Challenges That HP Wants Partners To Tackle Right Now CRN speaks with HP's business unit chiefs to get a sense of where they'd like partners to focus in the coming year, as well as how CEO Meg Whitman is making a difference. |
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