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Accenture: An insider guide - Gymkhana

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Overview<br />

The Company<br />

<strong>Accenture</strong> has made a name for itself as one of the world’s leading management<br />

consulting and technology services companies. Formally established in 1989 by a<br />

group of partners from the consulting division of the various Arthur <strong>An</strong>dersen<br />

firms around the world, <strong>Accenture</strong> began life as <strong>An</strong>dersen Consulting. From its<br />

establishment until its incorporation in 2001, the company operated as a group<br />

of more than 40 locally owned partnerships in 40-plus countries. Some things<br />

have certainly changed since 1989: Arthur <strong>An</strong>dersen is no more, the Internet boom<br />

has come and gone, and <strong>An</strong>dersen Consulting became <strong>Accenture</strong> and went public.<br />

But there’s one thing that’s stayed the same: The company is still focused on<br />

delivering top-notch consulting and technology services to organizations all<br />

over the world.<br />

Today, <strong>Accenture</strong> is a consulting behemoth with 95,000 employees toiling away<br />

in 110 offices in 48 countries. The company’s traditional stronghold is systems<br />

integration, but it also lays claim to formidable strategy, technology consulting,<br />

human resources, and outsourcing practices. <strong>Accenture</strong>’s deep client roster is a<br />

veritable who’s who list, one that straddles a multitude of industries; in addition<br />

to a sizeable percentage of Fortune 500 companies, <strong>Accenture</strong> also consults to<br />

a wide range of governmental and nonprofit organizations. Scoring massive projects<br />

with high-profile organizations is the name of the game at <strong>Accenture</strong>. It made<br />

headlines in June 2004 when an alliance led by <strong>Accenture</strong> won a Homeland Security<br />

Department contract worth up to $10 billion.<br />

Of course, the sputtering economy hit consulting companies hard, and <strong>Accenture</strong><br />

was no exception. In fact, as one of the few public consulting firms, it is<br />

particularly sensitive to trends in the economy. For the first few years of this<br />

6

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