Accenture announced changes to its growth model and Global Management Committee, effective March 1, 2020.
Accenture in 2014 created Strategy, Digital and the Growth Markets to grow capabilities and position Accenture for the next waves of growth.
Accenture, which has the number one market share and at about 65 percent of revenues in the New, is changing the business model to better serve clients today and tomorrow and continue to scale from over 500,000 people and $43 billion in revenue.
Accenture will organize its capabilities into four services: Strategy & Consulting, Interactive, Technology, and Operations.
The company will manage its business through three geographic markets — North America, Europe, and Growth Markets — instead of operating groups.
Accenture will continue to go to market by industry and will expand its global industry programs. Accenture will be making leadership changes and expanding its Global Management Committee to include a broader representation of leaders from its services and geographic markets.
The current Global Management Committee (GMC) has 18 members, all of whom are direct reports to CEO Julie Sweet. As of March 1, the GMC will have 39 members, 15 of whom will be direct reports to the CEO. The changes to the CEO’s direct reports are summarized below.
New Direct Reports
Annette Rippert, who currently leads Accenture Technology in North America, will become group chief executive — Strategy & Consulting. In her current role, she is responsible for driving the company’s Technology business in the United States and Canada.
Manish Sharma, currently group operating officer for Accenture Operations, will become group chief executive — Operations. In his current role, he leads the company’s business process outsourcing delivery and solution development capability and practitioner and asset-led sales, helping clients drive tangible and sustained business outcomes.
Brian Whipple, currently head of Accenture Interactive, part of Accenture Digital, will become group chief executive — Interactive.
Role Changes of Current Direct Reports
Paul Daugherty, currently chief technology & innovation officer, will become group chief executive — Technology & chief technology officer.
Simon Eaves, currently group chief executive — Products, will become chief strategy officer.
Bhaskar Ghosh, currently group chief executive — Accenture Technology Services, will become advisor to the CEO.
Domingo Miron, currently group chief executive — Financial Services, will become chief risk officer. Domingo will also become the market unit lead for IBERIA.
Jean-Marc Ollagnier, currently group chief executive — Resources, will become CEO — Europe.
Gene Reznik, currently chief strategy officer, will lead Intelligent Platform Services.
John Walsh, currently group chief executive — Communications, Media & Technology, will become chief strategic accounts & global sales officer.
Mark Knickrehm, Dan London, Debbie Polishook and Mike Sutcliff will be retiring.
“Accenture’s formula for market leadership is enduring: We transform our business and embrace change to create value for our clients with incredibly talented people, including our deep bench of experienced leaders,” Accenture CEO Julie Sweet.
Accenture confirmed that there is no change to its business outlook for the second quarter and full fiscal year 2020 that the company provided as part of its first-quarter fiscal 2020 earnings announcement on Dec. 19, 2019.