Temperature Check on Accenture - why have so many MDs departed recently?

likefunny
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Two things really. Dissatisfaction with our strategic leadership and share price challenges diminishing the value proposition. There’s still a lot right with this place and our ability to deliver at scale is unmatched in the industry. The general feeling internally is what we do get right is in spite of our leadership and not because of it.

likefunny

Well maybe the strong internal candidates will never emerge if she can properly undermine or dispose of threats.

smart

The compensation model below SMD is broken and considerably below market when share price is flat to down. Coupled with lack of confidence in management strategy and an apathetic talent retention model, makes it easy to pick off thought leaders / heavy hitters who can bring business with them to greener pastures.

likesmart

Recently? It has been a revolving door for a decade or more now. The body shopping and offshoring days are coming to an end with ai….

like

Watch offshore become even cheaper than a 20 Petabyte LLM subscription

likefunny

As a former managing director (L2), can attest to the 2 factors. 1. Diminishing share price and that makes the partner compensation model, very unattractive. 2. No clear strategy to grow and lack of accountability at c-suite. It’s shocking to see Julie can still keep her job as a media spokesperson vs taking accountability for consistent poor results.

likesmart

Brain-dead board?

like

Also search firms smelling blood in the water and are poaching. Hard. Similar to what happened at McKinsey 2024+

likesmart

The non ACN firms have a lot of respect for Julie. We don’t know much about your internal strategy but she’s a fierce competitor.

funny

I miss Pierre...all im gonna say

upliftinglike

It was either for the comp or against their will. But three in a short period?

smartfunny

The company is drifting towards sweatshop economics. I dont think many MDs signed up for this

like

F

like

There’s a strategic review going on that would greatly diminish the strategy arm so a lot of folks are front running the axe there

like

Julie lost most of her good leaders the last few years. The results speak for themselves as they race to the bottom. The folks left can’t find a job elsewhere.

like

🤮

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