At Accenture people thrive to change the status quo and increase the pace of innovation and consultants are actually proud to feel that they are doing something that makes sense. At Accenture you will most likely spend a sizable part of your career delivering change and like I explained above, we are working only for Fortune 1000 companies (exciting companies) on their strategic goals (exciting projects). More often than not, those projects we are working on have been initiated by our strategy arm, Accenture Strategy and are implemented by either Accenture Consulting, Technology or Digital and when those projects are complete, we may help customers outsource repetitive and less critical operations with Accenture Operations. During my first year at Accenture, I helped a large utility company in Canada deploy a CRM solution that serves almost 4 millions customers, then I oversaw the delivery of a new procurement system for three majors hospitals of the Ontario government, saving about 10 million dollars per year to tax payers, finally I embarked on a $300 million process improvement program for the largest oil and gas company in Canada as our goal was to help that company avoid being an acquisition target. It is a very gratifying experience when you go to the gas station and you understand that your team helped setup the processes that are behind or your bring one of your parent to the largest public hospital of the area and you realize that the syringes and other materials that nurses are using have been procured by a system that you installed yourself. Accenture has been ranked first for many years already in the Gartner magic quadrant for system integration and in many other consulting areas. If I were still to compare to competitors, I would say that you can always expect to work on meaningful and big projects at Accenture. Deloitte recruits from the same schools as we recruit but because it has a "local partnership structure" while Accenture has a global structure and policies, Deloitte partners may decide to take all kind of projects that they want as long to make their sales numbers. An Accenture partner can't. Deloitte has also a better reputation in Management Consulting although I believe both companies are on par today. Deloitte is not as well perceived in Technology delivery. IBM might be our best competitor in terms of system integration but IBM suffers from its organizational structure as it has an elite delivery force which is called IBM Global Services and there is a cheaper organization for less skilled consultants. IBM is not doing very well in terms of pure strategy consulting though but they do have a big advantage in the IT market as they host many clients and since they know the IT landscape of their clients, they have a competitive advantage. IBM outsourcing contracts often include exclusive consulting services from IBM. McKinsey, Bain and BCG are often compared to Accenture but in reality the best comparison would be Accenture Strategy. In the past, Accenture was trying to compete with MBB but since the publishing of the globally acclaimed article from Clayton Christensen, "Consulting on the Cusp of Disruption", Accenture decided to focus its strategy arm on consulting deals that can enable sales. As a results, Accenture Strategy would not be very strong in LBO or PE per example - almost inexistant in the firm - but would be very strong in IT Strategy, Operations, Business Strategy. Even M&A or Product Ideation deals are made with the idea of possibly delivering a solution behind. Per example, Accenture ideated, developed and delivered the Disney Magic Band few years ago. An MBB would have ideate the product and then suggested Disney to do an RFP and select an integrator like Accenture or IBM to do the work.
Accenture stands out in its ability to invest time in developing its people. They took a shot in the dark with me in my senior year of high school by putting me on a client facing project to help expose me to the consulting industry. During my time with the company, they provided countless opportunities that helped me understand the industry through newsletters, networking events and one on one mentoring. This is definitely a place that if you are willing to put in the effort to learn new things and take personal time to hone your skills then they will provide all the tools necessary to help you. For example, I remember during one of my meetings with my manager that he said there are specific programs that Accenture will pay for to help analyst learnhow to code if they are willing to learn. Accenture stands out through its commitment to its people in that it is willing to develop them as much as they are willing to put in the time and effort to do so.
As Accenture is a major player in multiple industries it has many competitors. In the IT consulting and services industry, it competes with multiple Indian and international IT giants. What makes Accenturestand out is its focus on innovation as well as continuing to improve existing services to their clients. Accenture also has its own Innovation Labs to research and develop about new cutting edge technologies. It also has developed its own innovation cycle to expedite the process of integrating new technologies into their existing services and solutions. As the global consulting and services industry has moved from cost-leverage based model to due to increased cost parity of services between multiple competitors to innovation based model, I believe Accenture is well poised to compete effectively and also remain an employee friendly company at the same time.
I worked at Accenture about 3 years ago. Prior to that, they had been voted "Best Place to Work" like three years in a row. Like I mentioned earlier, once you are brought on as a permanent hire, you are treated like royalty. They have several celebrations, whether its for Holidays, anniversaries, company picnics, intramurals, they are always celebrating and rewarding their staff. They cater to their staff's health. They bring various medical staff to do health checks on their employees. They gave out fitbits for Christmas one year, I believe. It is a great place to work. Can't say I have worked at many places like that.
There are many companies similar to Accenture but 85% of the fortune 500 companies are clients to Accenture. This is not a small number right. So, there must be something that makes Accenture unique among its competitors. That's where Accenture core values come into play.
Accenture stands out by how they treat there employees and clients. Accenture aims to please and knows that a properly compensated employee is more likely to complete each and every tasks put forth. When I worked at Accenture the pay was salary based, included time and a half for holidays, overtime was gained per day. For example you did not complete 40 hrs for the week but on Tuesday you worked for 10 hrs, then overtime was given after you completed 8 hours in a day. The staff was remarkable, and Accenture was constantly having appreciation events as a way to say thank you for all the hard work and keeping the clients needs a priority.
Accenture has always been a market leader in technology innovation and strategy.
The reasons for that is Accenture has always been very future focused and a quick decision maker.
It has invested heavily in future technology and has been training its employees aggressively in the niche future skill areas to ensure they are always future ready.
Due to Accenture's deep industry knowledge, they have developed extremely in-depth and thorough deliverables and artifacts based on each industry. These objects are highly advanced and can be deployed at the client side in extremely quick time.
Accenture also is extremely diverse and promotes diversity as well as inclusion. It has a lot of great people programs which help boost the morale of the workforce.
Accenture understands each geographical locations and its nuances very well and has developed great local engagements to ensure success in all geographies across the globe.
These are few points which make Accenture stand out from its competitors.
Accenture stood out in that it treats and pays its employees very well. Although my job was low on the totem pole, I was valued as much as any other employee.
Especially being sent out to different projects. They had what was called the "bench". In between projects we would be placed on the bench for weeks even months at a time. However, we still were paid and accrued vacation time as though we were working every day. We just had to show up each Friday for meetings and updates.
I would always back Accenture up on its training initiative. I have noticed that other companies don't generally offer that, at least not this extensively. Also, Accenture does give the feel of being "cooler" than the other companies in matters of its style, ethics, workforce and quality.
Accenture stands out from competitors because it is one of the most diverse companies and has won many awards for that. It is nice to be surrounded why all different people. We also work with a lot of other companies in order to give our clients the best solutions for their work.
Accenture easily stands out in culture, kind and type of clients. It also has one of the most Forbes 100 and 500 companies. The growth opportunities for any employee are awesome and they highly credit skills and knowledge.
Accenture is the largest (I think) and most diverse service provider (diverse meaning the number of industries and services they offer). This allows an employees to have a large selection of opportunities to pursue in a career. However, as a large company, it is easy to get stuck on a project or in an industry. You do, after all, work within a partnership type organizational structure. In those cases, you tend to stay within an industry and or Managing Director.
I think what separates Accenture is that they have developed an impressive array of clients and continue to be able to leverage those relationships for continued work. Other consulting firms do the same, but it seems as if Accenture does this better than others.
Accenture's IT consulting team has outstanding team members with professional knowledge in consulting, computer science and project managment. These combined capabilities are crucial abilities to be a good IT consulting specialist.