There’s talk that Julie Sweet might be on notice from Accenture’s board as smaller competitors gain ground, while she cites macroeconomic challenges. The board is concerned about underpaying employees and losing top talent to rivals who offer better packages, even in the same economy. This contrasts with Pierre Nanterme’s leadership, when Accenture nearly doubled its revenue while keeping a strong, people-first culture. Has the company drifted from its roots? Could leadership changes be ahead?

likeuplifting
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Pam had to step down, I’m pretty surprised Accenture has not kicked Julie out. The woman laid her pocket with over $30mil last year while Accenture employees suffered from mass layoff, no raise and very limited promo

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‘Stepped down.’ Probably like Biden ‘stepped down.’

funny

Sounds like a pipe dream.

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I love this. Karma at last?

likeuplifting

Big if true

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Test post

likesmart

Does she go through the same PA process? Can we put it on screen and discuss…how about the rest of our so called leaders, when do we get to rate them?

likefunny

Where do you hear those "talk" from?

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From your peers

likefunny

Well, share price is going good thanks to generous share buy backs, dividends are 15% up in Q3 FY24. The three biggest shareholders hold together 20% of the available shares. Considering their metrices are met, i think its unlikely. Hopefully her contract is not extended..

smart

All at the sacrifice of the employees. This is not sustainable.

Talk on fishbowl? I think there’s a solid argument for making a change but I don’t think anybody has any real intel. It’s logical to assume the board looks at stock price, talks to people on the ground (at least senior MDs), and looks at the macro environment. On the first two I don’t think she has a good story, on the third she wouldn’t be wrong if she pointed to the fact lots of our competitors are struggling.

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This doesn’t hold water the same as it did. We’re used to be a consulting company with different ways to overcome many different economic environments. Plus, our competitors are still giving promotions to their talent.

Julie is not in an easy spot. The market is oversupplied. The old big SI projects are not as prevalent. No transformational leaders have emerged. The AI stuff requires completely different talent. So the only choice is to just drive hard, cut costs, keep shareholders happy with buybacks, and hope things go OK until she moves on, replaced by an Indian leader or an outsider if things are really bad.

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Seriously ? What is MS doing there ?

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