Preview

Accenture Kx

Powerful Essays
Open Document
Open Document
1282 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Accenture Kx
Case Study Summary
Accenture is the largest global management consulting, technology services and outsourcing company in the world. While Accenture’s consultants are largely responsible for its success, arguments could be made that the company’s greatest asset is its knowledge database known as the Knowledge Exchange (KX).

Since the beginning, Accenture’s philosophy was to capture and document the key learnings from previous client work. In the early days this was accomplished through phone, fax and internal knowledge share meetings. Over time, as the company and amount of KX information grew, so did the complexity of archiving and utilizing the information. One manager said “there is so much out there that you don’t even know where to start.” Accenture quickly realized that there had to be a more efficient way for its employees to tap into each other’s expertise. Accenture knew, the more efficiently and effectively its employees could mine the information, the faster they could respond and deliver services/solutions for their clients.

Purpose
This paper will analyze Accenture’s current KX system and draw out takeaways that can be used by other companies interested in implementing their own knowledge management systems.

Corporate Profile and SWOT

Name
Business Global management consulting, technology services and outsourcing company. NYSE: CAN.
Corporate Facts Revenue: $21.55 billion (USD) for fiscal 2010.
Employees: ~ 215,000 (including approximately 4,800 senior executives).
Global reach: Offices and operations in more than 200 cities in 53 countries
Geographical Regions: Americas
Asia Pacific,Europe / Middle East / Africa (EMEA)
Strategic Orientation Transnational Orientation. Though Accenture has a worldwide footprint, the services it provides (depending on the client) must be balanced between the needs of being locally relevant and gaining global efficiencies by linking and coordinating information from other locations. This drive

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Case Study

    • 599 Words
    • 3 Pages

    Knowledge management implementation at Nestle, Pella and Volkswagen all had a common goal. All three wanted to have one set of common processes throughout their entire organizations, with the belief that all employees, customers and suppliers could have access to the same information. To do this they wanted a software system (ERP) that had the ability to share knowledge and information easily, this would enable everyone to be working from the same system and would speed up all processes. They wanted a system that would be transparent and at the same time to help them be more efficient and competitive within their markets.…

    • 599 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Ge - Swot Analysis

    • 311 Words
    • 2 Pages

    • The company deal with huge number of products which include Genie, Aviation, Jet engines, Electricity,…

    • 311 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Strategy

    • 4072 Words
    • 17 Pages

    Martensson, M. (2000) 'A Critical review of knowledge management tool.’ Journal of Knowledge management, 4(3), pp. 204-214.…

    • 4072 Words
    • 17 Pages
    Best Essays
  • Satisfactory Essays

    | Du Plessis, M. (2007). “Knowledge Management: What makes complex implementations successful”.Journal of Knowledge Management. Vol. 11 No. 2, pp. 91-101.…

    • 360 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Accenture is a global management consulting, technology services and outsourcing company, the KM focus is on obtaining and synthesizing intellectual capital to maximize decision-making and innovation across diverse functions and disparate locations, thus enabling the clients to become high-performance businesses and governments. Far more than a cluster of simple processes, the KM program is also about developing and rewarding a culture of knowledge-sharing – encouraging collaboration among their people to problem solve and build capabilities, regardless of their location.…

    • 1899 Words
    • 8 Pages
    Best Essays
  • Good Essays

    Ibm Knowledge Management

    • 1669 Words
    • 7 Pages

    White Paper Description This overview describes the Lotus and IBM strategy for Knowledge Management. It highlights the key elements of Knowledge Management and the benefits that it brings to organizations. This clear, high level vision of Knowledge Management serves as a solid introduction to Knowledge Management and the Lotus and IBM products, services and solutions that enable it.…

    • 1669 Words
    • 7 Pages
    Good Essays
  • Good Essays

    As you are aware, Accenture Knowledge Management team is getting ready to launch the new Knowledge exchange. Due to the increase in demand for KM, our team is emphasizing on improving our current knowledge management system. But in the past few years, with tough economy, KM is seen as low priority. With pressures to move the KM to offshore, there is 30% decrease in KM workforce. In these economic conditions, it’s my responsibility as KM manager to demonstrate the value for investments made on KM initiatives.…

    • 786 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Marketing and Accenture

    • 491 Words
    • 2 Pages

    Accenture is a global management consulting, technology services and outsourcing company. Its specialization is innovation and rapid transformation of the technology organizations within their parent companies (Accenture). Accenture’s position is that they can generate well grounded strategic business ideas and execute them. These are two things they know their client’s want, but also claim their competitors both of them effectively and effectively together (Accenture).…

    • 491 Words
    • 2 Pages
    Good Essays
  • Best Essays

    Groff, T. R., Jones T. P. (2003) Introduction to Knowledge Management: KM in Business, Burlington, Elsevier Science.…

    • 2733 Words
    • 11 Pages
    Best Essays
  • Good Essays

    Knowledge management literature is plentiful with different understandings of knowledge, information and data, as ideas and thoughts. As a result many organizations experience lots of expenses on knowledge management technologies, which hardly deliver with the expected outcome (Davenport, and Prusak, 1998). For further explanation, Argote et al., (2003) tried to organize Knowledge Management literature by separating it into two parts: Knowledge Management context and Knowledge Management outcome. The concluding suggests knowledge creation, maintenance and transfer. The background part stresses more the units (individuals, groups or organisations), the relationship between them and the nature of the knowledge. Reich…

    • 884 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Sardarsunny

    • 456 Words
    • 2 Pages

    Companies with transnational strategies operate their businesses in multiple locations globally. These companies often have offices in the countries where they do business that coordinate with a central office in order to operate more efficiently.…

    • 456 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Abstract Purpose – The purpose of this paper is to develop and evaluate a concise framework to examine how global software companies with successful knowledge management (KM) programs create KM-enabled value. Design/methodology/approach – The framework was evaluated at three global software companies with successful KM programs. Data were generated based on 20 interviews with various individuals involved with the KM programs of three companies. Interviews were content analyzed by four coders who sorted the data into meaningful categories. Inter-coder agreement was significant. Findings – The paper provides evidence of various strategic, technological, and cultural issues influencing the success of KM programs in global software firms. Firms with successful KM programs typically develop three specific capabilities to address these issues. These capabilities, namely, Articulating the KM Strategic Intent, Facilitating the Knowledge Flows to Enable Innovation, and Assessing KM Value, when developed simultaneously, help firms create KM-enabled value. Research limitations/implications – Interviews were limited to three companies in the software industry. Future interpretivist studies would benefit from a larger and more diverse sample. Practical implications – It is suggested that software firms develop specific capabilities to create KM-enabled value. To provide clear benchmarks for developing these capabilities, a ‘‘KM implementation worksheet’’ is provided. Originality/value – KM-enabled value creation is discussed from a unique perspective developed by integrating literature on knowledge-based view and knowledge management. The paper conducts initial evaluation of the new perspective and provides a roadmap for future research endeavors. Also provided is practical help in the form of a worksheet for practitioners. Keywords Knowledge management, Interviews, Companies Paper type…

    • 7458 Words
    • 30 Pages
    Powerful Essays
  • Powerful Essays

    The Hewlett- Packard beganits journey from a small garage in Palo Alto, California in 1939, with an initial investment of $538. The company was co -founded by two friends, Bill Hewlett and Dave Packard, whom both graduated with degrees of electrical engineering at Stanford University.…

    • 3981 Words
    • 16 Pages
    Powerful Essays
  • Satisfactory Essays

    sumber daya manusia

    • 1721 Words
    • 7 Pages

    PowerPoint Presentation by Charlie Cook Copyright © 2004 South-Western. All rights reserved.…

    • 1721 Words
    • 7 Pages
    Satisfactory Essays
  • Powerful Essays

    Knowledge Management

    • 5512 Words
    • 23 Pages

    Knowledge management has been the talk of the town with companies moving forward to create a knowledge based environment that will ensure the progression of the companies will be able to share and pool together its resources in knowledge.…

    • 5512 Words
    • 23 Pages
    Powerful Essays