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Posts Tagged ‘Accenture

Accenture to Spend $100 Million on Skills Training

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Is $100 million the new threshold for signaling you’re serious about making a difference? Recently, it was Facebook’s Mark Zuckerberg pledging that amount to the Newark school district. Now we learn that consulting giant Accenture will be spending 100 (very) big ones over the next three years on its Skills to Succeed program.

The goal of Accenture’s program seems pretty straightforward: the company wants to equip 250,000 people around the world with the “skills that enable them to participate in and contribute to the economy and society.” And to do it by 2015

A few examples of the type of work the Skills to Succeed program does—and will continue to do in order to meet its targets:

  • Building the skills of young entrepreneurs in Africa
  • Offering free skills training for the unemployed in Brazil
  • Training disadvantage young people in business process outsourcing and technology skills in India
  • Helping underprivileged students in the Philippines and Cambodia to develop IT skills
  • Training migrant groups in specialized technology skills in Spain
  • Helping disadvantaged young people to become entrepreneurs in the U.K.
  • Teaching business preparedness skills to students in community colleges and providing IT training for disadvantaged youth in the U.S.

In each of the endeavors, the company is working with partner organizations—some local and some international.

Now all we need are some jobs for that quarter-million people to fill!

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Consulting Industry on a Hiring Spree: Find Out Where the Jobs Are

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We’re just three months into 2010, and already firms are showing huge improvements over the modest (at best) growth in 2009. The past few weeks alone bring enough evidence of this point: BCG has announced the opening of three new offices—in Casablanca (its first in Africa), Canberra and Istanbul—bringing its total count to 69 offices in 40 countries, and opening the door to new hiring.

Other firms seem equally poised to bring in some fresh meat. IBM has just posted its first quarterly revenue gain in a year, likely due to an uptick in customer spending on software and outsourcing. CEO Sam Palmisano recently told shareholders, “I am optimistic about IBM’s prospects to lead the era we are now entering.” Accenture has announced that it will be hiring 9,000 consultants in the US, and 50,000 around the globe in the next year. The firm is looking for telecom consultants, finance experts, software specialists, among others. And what’s the best way to land one of these jobs? The old-fashioned methods are just that: old-fashioned. According to an article in Fortune, the best way to catch the attention of Accenture recruiters is via LinkedIn. Says John Campagnino, Accenture’s head of global recruiting, “This is the future of recruiting for our company,” and he plans to make as many as 40% of his hiring through LinkedIn this year.

Perhaps most promising are Deloitte’s hiring numbers. The firm, currently boasting utilization rates of upwards of 80 percent is said to be handing out positions at a breakneck pace—roughly 50-60 positions for experienced consultants per week, coming out to a total of about 700 consultants by June. Added to that are the roughly 800 MBAs and undergrads the firm has brought into the fold, and the 1,000 more it plans to bring onboard before this frenzy reaches its peak.

All this speaks to a much-improved business outlook for the consulting industry in 2010, and gives much hope to experienced consultants and to students looking for a place to hang their soon-to-be-framed MBAs.

–Posted by Naomi Newman, Consult THIS

Written by Phil Stott

March 29, 2010 at 3:41 pm

Women’s advancement in 2010—it’s not just for Kathryn Bigelow

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While women have made great strides in the global workforce (and in the film industry), a Deloitte survey shows that women still aren’t making as many waves in leadership positions as they are in midlevel and managerial roles. In fact, only 43 percent of survey participants believe women have advanced significantly in leadership positions in the past decade! One exception is in the public sector, which has seen more women rise to the top than in the private sector. But most respondents believe (or hope) that that trend in the public sector will rub off onto the private sector.

AP Photo/Chris Pizzello

The survey was conducted in conjunction with Deloitte’s second annual International Women’s Day (it’s today!) webcast. The webcast featured a number of leading ladies from around the world, who discussed women’s upward trajectory in the workplace and the challenges they encounter.

The good news for women is that companies are increasingly seeing them as strong employees. According to an Accenture, in a study (also conducted in honor of IWD) of senior execs in over 20 countries, 71 percent of respondents said they consider women to be more resilient workers than their male counterparts—resilience, in this case, defined as “the ability to overcome challenges and turn them into opportunities.” And that quality happens to be one of the strongest determining factors of employee retention during an economic downturn.

Other findings of note? Corporate women’s leadership programs have remained stable through the downturn, and companies with leading financial performance offer women a number of professional development opportunities for women.

The conclusion, in this case, is that companies that have the resources to do so are nurturing their female talent to produce their best and take on leadership roles. Gender diversity continues to be a pressing issue across all workplaces, and slowly but surely, we’ll continue to see progress in that area.

Do you know of any companies that are going out of their way to promote women’s development? Click here to see which companies stood out in Vault’s 2010 diversity rankings.


–Posted by Naomi Newman, Consult THIS

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