August 09, 2022
Accenture Acquires Management Company YSC Consulting to Make stronger C-Suite and Board Transformations
LONDON; Aug. 9, 2022 – Accenture (NYSE: ACN) has got YSC Consulting, a CEO advisory and management consultancy that is helping organizations align management methods with their trade targets to succeed in transformational alternate. The purchase strengthens Accenture’s features to advise the CEO, C-Suite, and Board with answers to spice up efficiency and construct management groups for the longer term. Phrases of the transaction weren’t disclosed.
Serving company and personal fairness purchasers for greater than 30 years, YSC Consulting has a confirmed monitor document in serving to organizations to outline their management methods and assess and expand their C-suite and senior govt groups. Headquartered within the U.Okay., and with groups additionally based totally in North The usa, Singapore, Australia, Mexico, China, and South Africa, YSC Consulting’s workforce of greater than 200 staff joins Accenture’s Skill & Group / Human Possible workforce.
Combining deep experience in management building with data-driven insights, YSC Consulting is helping organizations reach transformational affect with bespoke answers in C-Suite evaluate, workforce dynamics and effectiveness, variety, fairness and inclusion technique, CEO succession making plans and board effectiveness.
YSC Consulting has been a spouse to 45% of the FTSE 100 and serves greater than 40% of the most important personal fairness corporations globally with services and products adapted to non-public fairness budget and their portfolio firms — a transfer which expands Accenture’s deep business experience for personal fairness purchasers.
“Leaders should meet new expectancies to win the hearts and minds of staff and shoppers in a swiftly converting international,” mentioned Christie Smith, world lead of Skill & Group / Human Possible at Accenture. “A hit trade leaders thrive throughout the software of significant function and the usage of expertise to steer with accuracy, velocity, empathy, and transparency. It’s on the cross-section of those values the place Accenture and YSC Consulting in reality align. We look ahead to coming in combination and serving to purchasers maximize their affect and carve a a success long term urged through fashionable management.”
YSC Consulting Leader Government, Eric Pliner, mentioned, “For greater than 3 a long time, YSC Consulting has supported and impressed CEOs and their groups all over the world to form the longer term throughout the intentional design of considerate approaches to management. At a second when the arena wishes sensible management greater than ever, we’re extremely joyful to enroll in Accenture and convey the most efficient of our experience in person management, workforce dynamics, variety, fairness and inclusion technique, and technology-enabled skill analytics in a revered and swiftly rising platform.”
Accenture’s world CEO-led Personnel Transformation Lead, John-Paul Pape, mentioned, “To ensure that leaders to confront as of late’s marketplace demanding situations, they should expand themselves and their other people so as to execute brave methods. YSC Consulting has garnered admire from Forums, Leader Executives, and their groups through re-energizing their organizations with new management and skill methods – all fueled through the ability of information and insights. In combination we can empower trade leaders to re-invent the way in which they lead and form a a success long term for his or her organizations, shoppers, staff, communities, and the arena.”
YSC Consulting enhances Accenture’s most up-to-date Skill & Group / Human Possible acquisitions — Cirrus, fantasy+, Long term State and Root Inc. in 2021 and Kates Kesler in 2020 — which intention to create new techniques to ship price and lend a hand purchasers construct methods for the way forward for paintings.
Accenture got YSC Consulting from U.Okay. personal fairness company Graphite Capital.
Accenture is a world skilled services and products corporate with main features in virtual, cloud and safety. Combining unrivaled enjoy and specialised talents throughout greater than 40 industries, we provide Technique and Consulting, Generation and Operations services and products and Accenture Tune — all powered through the arena’s biggest community of Complicated Generation and Clever Operations facilities. Our 710,000 other people ship at the promise of expertise and human ingenuity each day, serving purchasers in additional than 120 international locations. We embody the ability of alternate to create price and shared luck for our purchasers, other people, shareholders, companions and communities. Talk over with us at accenture.com.
Ahead-Having a look Statements
Excluding for the ancient knowledge and discussions contained herein, statements on this information unencumber might represent forward-looking statements inside the that means of the Personal Securities Litigation Reform Act of 1995. Phrases corresponding to “might,” “will,” “will have to,” “most probably,” “anticipates,” “expects,” “intends,” “plans,” “tasks,” “believes,” “estimates,” “situated,” “outlook” and an identical expressions are used to spot those forward-looking statements. Those statements contain quite a few dangers, uncertainties and different elements that might purpose precise effects to range materially from the ones expressed or implied. Those dangers come with, with out limitation, dangers that: the transaction would possibly now not reach the expected advantages for Accenture; Accenture’s result of operations were, and might someday be, adversely suffering from unstable, detrimental or unsure financial and political stipulations, together with the invasion of Ukraine through Russia, the similar sanctions and different measures which were and proceed to be imposed according to this warfare, in addition to the present inflationary setting, and the consequences of those stipulations at the corporate’s purchasers’ companies and ranges of industrial process; Accenture faces criminal, reputational and monetary dangers from any failure to give protection to consumer and/or corporate information from safety incidents or cyberattacks; Accenture’s trade is dependent upon producing and keeping up ongoing, successful consumer call for for the corporate’s services and products and answers together with throughout the adaptation and enlargement of its services and products and answers according to ongoing adjustments in expertise and choices, and a vital aid in such call for or an incapacity to answer the evolving technological setting may just materially impact the corporate’s result of operations; if Accenture is not able to compare other people and talents with consumer call for all over the world and draw in and retain pros with robust management talents, the corporate’s trade, the usage charge of the corporate’s pros and the corporate’s result of operations could also be materially adversely affected; the COVID-19 pandemic has impacted Accenture’s trade and operations, and the level to which it’ll proceed to take action and its affect at the corporate’s long term monetary effects are unsure; the markets wherein Accenture operates are extremely aggressive, and Accenture would possibly now not be capable of compete successfully; Accenture’s skill to draw and retain trade and staff might rely on its popularity on the market; if Accenture does now not effectively organize and expand its relationships with key alliance companions or fails to await and identify new alliances in new applied sciences, the corporate’s result of operations might be adversely affected; Accenture’s profitability may just materially endure if the corporate is not able to acquire favorable pricing for its services and products and answers, if the corporate is not able to stay aggressive, if its cost-management methods are unsuccessful or if it reports supply inefficiencies or fail to fulfill sure agreed-upon goals or particular provider ranges; adjustments in Accenture’s stage of taxes, in addition to audits, investigations and tax complaints, or adjustments in tax regulations or of their interpretation or enforcement, may have a subject material antagonistic impact at the corporate’s efficient tax charge, result of operations, money flows and monetary situation; Accenture’s result of operations might be materially adversely suffering from fluctuations in foreign exchange alternate charges; adjustments to accounting requirements or within the estimates and assumptions Accenture makes in reference to the preparation of its consolidated monetary statements may just adversely impact its monetary effects; Accenture may well be not able to get entry to further capital on favorable phrases or in any respect and if the corporate raises fairness capital, it will dilute its shareholders’ possession pastime within the corporate; on account of Accenture’s geographically various operations and its enlargement technique to proceed to increase in its key markets all over the world, the corporate is extra vulnerable to sure dangers; if Accenture is not able to control the organizational demanding situations related to its measurement, the corporate may well be not able to succeed in its trade goals; Accenture may not be a success at obtaining, making an investment in or integrating companies, coming into into joint ventures or divesting companies; Accenture’s trade might be materially adversely affected if the corporate incurs criminal legal responsibility; Accenture’s world operations divulge the corporate to a lot of and infrequently conflicting criminal and regulatory necessities; Accenture’s paintings with govt purchasers exposes the corporate to further dangers inherent within the govt contracting setting; if Accenture is not able to give protection to or put in force its highbrow belongings rights or if Accenture’s services and products or answers infringe upon the highbrow belongings rights of others or the corporate loses its skill to make use of the highbrow belongings of others, its trade might be adversely affected; Accenture’s result of operations and proportion value might be adversely affected whether it is not able to care for efficient inside controls; Accenture could also be matter to complaint and detrimental exposure associated with its incorporation in Eire; in addition to the dangers, uncertainties and different elements mentioned below the “Chance Components” heading in Accenture percent’s most up-to-date Annual File on Shape 10-Okay and different paperwork filed with or furnished to the Securities and Alternate Fee. Statements on this information unencumber discuss simplest as of the date they have been made, and Accenture undertakes no responsibility to replace any forward-looking statements made on this information unencumber or to adapt such statements to precise effects or adjustments in Accenture’s expectancies.
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