Title: Accenture Announces Changes to Its Growth Model and Global Management Committee | Accenture Newsroom
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Content: These changes will make the company an even stronger partner of choice for transformation and innovation. “Accenture’s formula for market leadership is enduring: We continually transform our business and embrace change to create value for our clients with incredibly talented people, including our deep bench of experienced leaders,” said Julie Sweet, Accenture’s chief executive officer. “ The changes we are announcing today will unleash the full potential of the extraordinary capabilities we have built, create greater opportunities for our people, and act as a catalyst for us to again set the new standard in our industry.” Accenture’s rotation to the New — digital, cloud and security — over the last six years has demonstrated an unmatched ability to identify and scale new opportunities in the most strategic, high-growth areas of the market. These changes are designed to increase the company’s ability to anticipate client needs and market changes. “Our growth model has always been a source of competitive advantage for us,” Sweet said. “ In 2014, we created Strategy, Digital and the Growth Markets to grow our capabilities and position Accenture for the next waves of growth. Now, in 2020, with number one global market share and at about 65% of revenues in the New, we are changing to better serve our clients today and tomorrow and continue to scale from over 500,000 people and $43 billion in revenue.” Accenture confirmed that there is no change to its business outlook for the second quarter and full fiscal year 2020 that the company provided as part of its first-quarter fiscal 2020 earnings announcement on Dec. 19, 2019.