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Accenture helps clients develop comprehensive, process-driven strategies for rapid and sustained cost management that leverage deep insights and analytics.
How do organizations gain advantage during times of economic turmoil? This question is uppermost in business leaders' minds today. Accenture’s ongoing research into High Performance Business and our experience in working with clients have yielded important insights into how high performers distinguish themselves.
Winning organizations do not randomly hack away at the typical expenses such as travel, training, marketing and across-the-board arbitrary headcount reductions. They make sure they understand the strategic impact and sustainability of their cost-optimizing actions. They use rapid and sustained cost management to provide cash for value-building opportunities. The result: a company well positioned to achieve high performance by dramatically outpacing the competition when the economy stabilized.
Rapid and sustained cost management carries out cost reductions that aim to be optimal and sustainable for the company. It reviews processes from beginning to end to identify cost drivers and to optimize the value from the costs incurred.
Rapid and sustained cost management also assesses the impacts, risks and sustainability of potential cost reduction actions and identifies those that make strategic sense and can be executed in a rapid time frame.
Accenture helps clients develop comprehensive, process-driven strategies for rapid and sustained cost management that leverage deep insights and analytics. This approach helps companies to gain operating cost advantages by rationalizing, simplifying and automating current operating capabilities. It drives structural cost advantages by optimizing business mix, capital structure, organizational structure and geographic presence. We believe that this approach acts as a road map to navigate today’s turbulence—and helps build greater value for stakeholders in the long run.
With deep industry knowledge and functional experience, our people know where to look for rapid and sustained cost management improvement and can hit the ground running on day one. We’ve collaborated with 96 of the Fortune Global 100, more than three-quarters of the Fortune Global 500 and major government agencies around the world.
Our consultants serve our clients’ functional and organizational needs across all industries and geographies. Accenture also has more than 40 outsourcing centers and 625 outsourcing clients worldwide.
With focus on high performance, we leverage critical lessons gathered from hundreds of cost transformation, merger and acquisition, outsourcing and other integration engagements and we can leverage our extensive ready-to-go proprietary tools and assets.
Accenture’s rapid and sustained cost management approach focuses on two kinds of initiatives, those that drive:
Operating advantage and structural advantage are inextricably related to each other. Together, they generate the cash flow and credibility with the investment community needed to fund growth initiatives.
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