Accenture PLC is a worldwide professional services firm that specializes in digital, technology, and operations consulting.

Accenture Incorporated, a Fortune 500 company and one of the major international organizations in the field of management consulting and outsourcing, has grown to become the global leader in consulting services. Not only does the brand currently appear on Fortune’s list, but it also provides effective services and solutions to a number of Fortune Global 100 and Global 500 firms.

The Inception

Accenture was once the business and technology consulting part of Arthur Andersen, a global accountancy firm. The initial project was aimed to automate payroll processing and production for a Kentucky client. Andersen Worldwide Société Coopérative split up Arthur Andersen and Andersen Consulting in 1989. (AWSC). Andersen Consulting changed its name to “Accenture” on 1 January 2001.

Current Market Cap

Accenture now employs over 204,000 people worldwide, including 4,500 senior executives, and boasts offices and operations in more than 200 locations across 53 countries in the Americas, Asia-Pacific, Europe, the Middle East, and Africa. The chairman and CEO of Accenture is Pierre Nanterme, a French business executive.

Operational Focus

Accenture, which has been headquartered in Dublin since 2009, provides services in five areas: communications, media and technology, financial services, products, resources, health, and global resources. Accenture delivers strategic, technological, business, operational, and digital solutions to a variety of sub-industries within these broad categories. 

Accenture’s strength is in using its technical capabilities and industry knowledge to help clients around the world establish new business and technology trends and build solutions to assist them in entering new markets or growing revenues in existing ones. It specializes in improving operational performance and training clients on how to offer products and services more effectively and efficiently.

Matrix Organizational Structure

Accenture’s high-performance business approach is solely based on its consulting, technology, and outsourcing experience in helping clients improve their performance. Its Matrix organizational structure, which works on a project basis, is the key to this. Each project at Accenture is overseen by a project manager and a functional manager. 

As a result, each employee or project worker is overseen by two managers who guarantee that work is completed in a timely and effective manner.

Work Culture

While Accenture appears to be a merciless and robust clockwork machine from the outside, we can perceive a very pleasant and comfortable work culture within the company. Cultural diversity is encouraged, and team-building initiatives are prioritized in keeping with Accenture’s core objective of attracting, developing, and retaining the finest personnel for their organization.

Accolades and Honors

The company is no stranger to accolades and honors. It was named a Global Leader after receiving a 47th place finish in Interbrand’s Best Global Brands research. In 2009, it was claimed as one of the top 20 performing technology companies. Accenture was ranked in the top 50 most attractive employers in the world by Universum in 2010.

In its 2010 Green Rankings, Newsweek ranked the company No. 11 overall and No. 1 in the Industrial Goods sector. Accenture was named to CIO Magazine’s “CIO 100” in the “Business Services/Consulting” category in 2010. Accenture is a leading global organization that provides solutions to clients all over the world. It has a wealth of experience and a talented team.

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Source: Accenture