Accenture is an Irish domiciled multinational company

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Management,
People and Teams

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 In companies, managing people and teams is
important.
 This helps in better performance and development
effectively.
 Organisations are required to create an
environment for employees to excel.
 It gets easy for a company to face challenges with
the help of team building.
 Companies can easily achieve its goals and mission
while managing employees to reach success.
Introduction

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 Accenture is an Irish-domiciled multinational
company.
 Across the globe, the company provides professional
services linked to consulting, strategy, technology,
digital and operations.
 Current clients of Accenture include three-quarters of
the Fortune Global 500 and 91 of the Fortune Global
100.
 Company’s segments are Media, Communications and
Technology, Health and Public Service, Resources,
Financial Services, and Products (NY, 2020).
Company: Accenture

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 In business, innovation helps in growth
enhancement.
 It helps companies to gain profitability.
 In changing business environment, innovation opens
new ideas, adapt changes by making commitment
and explore markets through technology (Finch,
2019).
 Accenture drives innovation for making
improvements.
 The company uses strategy that operates with both
business and technology.
Innovation

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 In today’s complex environment, innovation is a
challenge within organisational models of both public
and private sector.
 Accenture faced the challenge of fostering innovation
in terms of implementing ecosystem strategy.
 Innovation helps in fostering organisational culture
along with team collaboration in Accenture.
 It is essential in business for people and teams to
engage together while implementing and building an
innovation ecosystem strategy (Martini, Ciobo, &
Rose, 2016).
Challenges of Fostering Innovation

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 Accenture face the challenge of focusing on Applied
Intelligence (AI).
 The company requires identifying and recognising
deep-tech growth (Katte, 2019).
 AI in business is for helping clients with solving their
complex problems as per the innovative B2B
(business to business).
 It enables Accenture to transform companies digitally,
to make a reality of intelligent products and services.
 The challenges include data analytics, industrial AI,
artificial intelligence and automation.
Cont...

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HealthTech Innovation Challenge
Source: (Francis & Granstra,
2016).

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 Accenture want its people and teams to manage the
health challenges.
 It includes affordability, accessibility and
transparency for fostering innovation (BBH, 2016).
 Across the globe, it will help in bringing creative
solutions and innovative technology.
 This will improve the way people manage and access
healthcare.
 Lastly, Accenture is focusing on accelerating the
early stage enterprise adoption of technology
innovations (Businesswire, 2018).
Cont...

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 Accenture creates an equality culture to drive
innovation.
 Employees are an asset to the company with
best talent.
 The company requires flourishing culture with
right people (Shook & Sweet, 2018).
 In the workplace environment, Accenture
ensure to maintain equality.
 This helps in advancing higher positions which
is a powerful growth and innovation multiplier.
Accenture managing people and
teams

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 Accenture strategic objective is to accelerate
innovation with the help of teams.
 Fostering innovation helps in making experience of
citizens better as per their expectations.
 Improving financial and economic conditions where
governments are forced to do more with less.
 With the increase in complex social challenges, the
people and teams within the company manages to
pursue an internal strategic shift actively.
 This is possible for the company by achieving more
through technology.
Accenture’s approaches to manage

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 Innovation is important for Accenture.
 It incorporates clear objectives by fostering team
collaboration and managing organisational strategy
in the company.
 Accenture uses the approach of “fail fast” for people
managing risks and working effortlessly altogether
(Kluwer, 2017).
 The employees of the company are organised to
foster cross-departmental ideation.
 It allows space dedicated while working on
innovation activities (Burns, 2016).
Cont...

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 The company should encourage creativity and to think
outside the box.
 Accenture should improve in opening up organisational
space for creative ideas.
 It is essential for the company to set the bar beyond the
reasonable (Newenham, 2013).
 Accenture should maintain while collaborating and
developing external relationships.
 Accenture should hire the best workers for empowering
new set of technological capabilities.
 It based on their expertise and skills possessing
tremendous capabilities (Accenture, 2019).
Ways of addressing challenges

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 Accenture works hard on fostering innovation.
 The company only requires some changes and improvements
while facing challenges and enhancing overall performance.
 It is essential for the company to keep management, people
and teams altogether to work collaboratively and achieve
success overall.
 Accenture developed the innovation culture adopting
approaches and ways to address challenges of fostering
innovation in the workplace.
 The company made sure to keep its employees motivated and
encouraged to develop and generate ideas in order to create
innovation culture.
Conclusion

 Accenture. (2019, February 7). Empower the human+ worker. Retrieved from Accenture:
https://www.accenture.com/us-en/insights/technology/future-of-work
 BBH. (2016, September 27). Accenture launches HealthTech Innovation Challenge to foster
technology innovation. Retrieved from BBH:
https://www.buildingbetterhealthcare.com/news/article_page/Accenture_launches_HealthTec
h_Innovation_Challenge_to_foster_technology_innovation/121177
 Burns, E. (2016, September 19). Accenture opens Future Camp for digital innovations.
Retrieved from CBR: https://www.cbronline.com/uncategorised/accenture-opens-future-
camp-digital-innovations/
 Businesswire. (2018, July 2). Accenture Seeks Emerging Innovators and Disruptors for Third
Annual Accenture HealthTech Innovation Challenge. Retrieved from Businesswire:
https://www.businesswire.com/news/home/20180702005134/en/Accenture-Seeks-Emerging-
Innovators-Disruptors-Annual-Accenture
 Finch, C. (2019, April 4). Fostering Innovation in the Workplace. Retrieved from QAD:
https://blog.qad.com/2019/04/fostering-innovation-in-the-workplace/
 Francis, J., & Granstra, C. (2016, September 15). Accenture Launches HealthTech Innovation
Challenge to Foster Technology Innovation In the Healthcare Industry. Retrieved from
Newsroom: https://newsroom.accenture.com/news/accenture-launches-healthtech-
innovation-challenge-to-foster-technology-innovation-in-the-healthcare-industry.htm
References

 Katte, A. (2019, July 23). Accenture Ventures Hosts Second Edition Of Annual Challenge Focused
On Applied Intelligence — Gives AI Startups A Platform To Scale. Retrieved from Analytics:
https://analyticsindiamag.com/accenture-ventures-hosts-second-edition-of-annual-challenge-
focused-on-applied-intelligence-gives-ai-startups-a-platform-to-scale/
 Kluwer, W. (2017, December 12). On the Winning Side of Innovation: Omar Abbosh, Chief Strategy
Officer at Accenture, Interviews Nancy McKinstry. Retrieved from Wolters Kluwer:
https://wolterskluwer.com/company/newsroom/news/2017/12/on-the-winning-side-of-innovation-
omar-abbosh-chief-strategy-officer-at-accenture-interviews-nancy-mckinstry.html
 Martini, L., Ciobo, M., & Rose, L. (2016). Eight steps to foster innovation through successful
ecosystems. Retrieved from Accenture: https://www.accenture.com/t00010101T000000__w__/au-
en/_acnmedia/PDF-37/Accenture-Eight-Steps-Innnovation.pdf
 Newenham, P. (2013, October 14). Five ways to create a culture of innovation in the workplace.
Retrieved from The Irish Times: https://www.irishtimes.com/business/five-ways-to-create-a-culture-
of-innovation-in-the-workplace-1.1557801
 NY. (2020, February 7). Accenture. Retrieved from NY Job Source:
https://nyjobsource.com/accenture.html
 Shook, E., & Sweet, J. (2018). Getting to Equal 2019: Creating a culture that drives innovation.
Retrieved from Acceture: https://www.accenture.com/gb-en/about/inclusion-diversity/gender-
equality-innovation-research
Cont...

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