SlideShare ist ein Scribd-Unternehmen logo
1 von 8
Downloaden Sie, um offline zu lesen
RELEVANCE:
THEBEATING
HEARTOFA
LIVINGBUSINESS
Achieving Sustainable Growth
Through Hyper-Relevance
RELEVANCE:
THEBEATING
HEARTOFA
LIVINGBUSINESS
Achieving Sustainable Growth
Through Hyper-Relevance
68%
more likely for relevant
companies to be
recommended to friends
and family.
25%
of customers would cease
doing business with
irrelevant companies.
64% of brand switches driven
by lack of relevance.
lost in potential revenue in
2017 due to brand
switching intheUSalone.
$1 trillion
of executives representing the
highest-performing organizations
agree “customerexpectations
areincreasinglyshapedbythe
mostrelevant,real-time,and
dynamicexperiences.”
90%
Those at lower
performing
companies were 20%
less likely to agree.
!
High performers
are more likely to
understand and act
on these changes.
understand and act
of high performers believe their business
needs a “muchmoreiterative,dynamic,
agileapproachtodoingbusiness
comparedtothreeyearsago.”84%
agreed that “businessreinventionis
requiredtobesuccessfulintoday’s
context.”
89% Among
lower-performing
organizations, 67%
agreed.
!
Highperformerswere
farmoreadeptat
bridgingthegapbetween
knowledgeofwhatis
neededtosucceedand
achievingit.The
knowledge-achievement
gapamongother
companieswasupto
seventimesgreater.
Living Businesses
unlock sustained
growth by continuously
adapting to the
evolving needs of their
customers to achieve
total relevance.
To identify a clear path forward for today’s large organizations,
Accenture undertook a major research initiative in 2018 to
determine how leaders in sustainable growth are different from
their peers. We found that these companies are agile, moving
nimbly and continuously to accommodate customers’ ever
evolving needs with speed and scale. They are pivoting their
growth strategies to profitable areas beyond the core – and they
are funding new growth by optimizing costs elsewhere.
Our findings indicate
that these companies
have developed five
interdependent sets of
capabilities which
represent the keys to
growth in the future.
We call these the
characteristics of a
“Living Business”.
50%
Our research of over 1,000
companies finds that Living
Businesses that excel at these five
capability sets are:
more likely to report a strong
readiness to weather business
cycles and disruptions than other
companies in their industry.
as likely to achieve above-
average revenue and
profitable growth.
TIMES
3
TRANSFORMATION PATHWAYS TO
BECOMING A LIVING BUSINESS
Rewire Culture
Rewire your workforce with a
customer-first mindset.
Target New Opportunities
Target core and disruptive growth
initiatives to fuel responsive innovation.
Design for Customers
Design products and services as
hyper-relevant platforms.
Build Engagement
Build intelligent marketing and sales
experiences.
Scale with Partners
Scale with a broad and new set of
ecosystem alliances.
The Five Capability Sets
NOTIME
TOWASTE
52%FORTUNE 500 COMPANIES
IN Y2000 NO LONGER EXIST
A track record of sustained success is no longer a
reliable predictor of future growth, or even survival.
52% of the companies that were included in the
Fortune 500 in the year 2000 no longer exist.
That’s why Living Businesses are focused on creating
new advantages before their current strengths fade.
The contrast between their continuously highly
relevant offerings, and those of companies hanging
onto outdated “best practices,” will be stark. And we
are seeing that today’s consumers choose relevance
every time.
About Accenture
Accenture is a leading global professional
services company, providing a broad range
of services and solutions in strategy,
consulting, digital, technology and
operations. Combining unmatched
experience and specialized skills across
more than 40 industries and all business
functions – underpinned by the world’s
largest delivery network – Accenture works
at the intersection of business and
technology to help clients improve their
performance and create sustainable value
for their stakeholders. With 459,000
people serving clients in more than 120
countries, Accenture drives innovation to
improve the way the world works and lives.
Visit us at www.accenture.com
Copyright © 2018 Accenture.
All rights reserved.
Accenture, its logo, and High Performance
Delivered are trademarks of Accenture.
About the Research
In 2017 and 2018, Accenture Research
surveyed over 1000 top executives,
including 195 CEOs, at companies
spanning more than 10 industries, and with
headquarters in 28 different countries. The
survey asked about the extent to which
customer relevance is driving their
company’s growth outcomes, and, also
asked respondents to assess their
company’s capabilities in terms of
becoming and staying hyper-relevant to
customers. We used this information to
assign each company a “Vitality Score”,
and, using both self-reported performance
data and public financial data, we
developed a model that links vitality with
firm performance.
Separately, as part of Accenture’s annual
Global Consumer Pulse Survey, we asked
over 23,000 consumers, representing 33
countries, and commenting on more than
eight different industries, about what
makes companies and brands relevant to
them. We also found out how their
perception of a brand’s relevance drives
their purchasing behaviors.
Read more at
www.accenture.com/livingbusiness

Weitere ähnliche Inhalte

Was ist angesagt?

Was ist angesagt? (20)

Gauging Business Disruption with the Disruptability Index | Accenture
Gauging Business Disruption with the Disruptability Index | AccentureGauging Business Disruption with the Disruptability Index | Accenture
Gauging Business Disruption with the Disruptability Index | Accenture
 
Accenture Tech Vision 2020 - Trend 2
Accenture Tech Vision 2020 - Trend 2Accenture Tech Vision 2020 - Trend 2
Accenture Tech Vision 2020 - Trend 2
 
Technology Vision for Insurance 2020
Technology Vision for Insurance 2020Technology Vision for Insurance 2020
Technology Vision for Insurance 2020
 
Elevate Every Decision with Intelligent Procurement
Elevate Every Decision with Intelligent ProcurementElevate Every Decision with Intelligent Procurement
Elevate Every Decision with Intelligent Procurement
 
Whole Brain Leadership: New Rules of Engagement for the C-Suite| Accenture St...
Whole Brain Leadership: New Rules of Engagement for the C-Suite| Accenture St...Whole Brain Leadership: New Rules of Engagement for the C-Suite| Accenture St...
Whole Brain Leadership: New Rules of Engagement for the C-Suite| Accenture St...
 
Putting People First: Building the Future Supply Chain Workforce
Putting People First: Building the Future Supply Chain WorkforcePutting People First: Building the Future Supply Chain Workforce
Putting People First: Building the Future Supply Chain Workforce
 
Retail fulfillment—thinking local, acting local | Accenture
Retail fulfillment—thinking local, acting local | AccentureRetail fulfillment—thinking local, acting local | Accenture
Retail fulfillment—thinking local, acting local | Accenture
 
The Proof Is In The ROI: LinkedIn Marketing Insights From The Mouths of Marke...
The Proof Is In The ROI: LinkedIn Marketing Insights From The Mouths of Marke...The Proof Is In The ROI: LinkedIn Marketing Insights From The Mouths of Marke...
The Proof Is In The ROI: LinkedIn Marketing Insights From The Mouths of Marke...
 
Tech Trends Report 2019 - Accenture Tech Vision
Tech Trends Report 2019 - Accenture Tech VisionTech Trends Report 2019 - Accenture Tech Vision
Tech Trends Report 2019 - Accenture Tech Vision
 
Insights profile
Insights profile Insights profile
Insights profile
 
Overview of the Accenture Technology Vision 2016 for South Africa
Overview of the Accenture Technology Vision 2016 for South AfricaOverview of the Accenture Technology Vision 2016 for South Africa
Overview of the Accenture Technology Vision 2016 for South Africa
 
Accenture Tech Vision 2020 - Trend 1
Accenture Tech Vision 2020 - Trend 1Accenture Tech Vision 2020 - Trend 1
Accenture Tech Vision 2020 - Trend 1
 
Make the leap, take the lead Slideshare | Accenture
Make the leap, take the lead Slideshare | AccentureMake the leap, take the lead Slideshare | Accenture
Make the leap, take the lead Slideshare | Accenture
 
Accenture Tech Vision 2020 - Trend 4
Accenture Tech Vision 2020 - Trend 4Accenture Tech Vision 2020 - Trend 4
Accenture Tech Vision 2020 - Trend 4
 
Technology Advances. Federal Impacts.
Technology Advances. Federal Impacts.Technology Advances. Federal Impacts.
Technology Advances. Federal Impacts.
 
Creating the Intelligence Driven Digital Enterprise
Creating the Intelligence Driven Digital Enterprise Creating the Intelligence Driven Digital Enterprise
Creating the Intelligence Driven Digital Enterprise
 
Government as a platform: 2018 GaaP Readiness Index
Government as a platform: 2018 GaaP Readiness IndexGovernment as a platform: 2018 GaaP Readiness Index
Government as a platform: 2018 GaaP Readiness Index
 
Fjord Trends 2020: Emerging Trends in Business | Accenture
Fjord Trends 2020: Emerging Trends in Business | AccentureFjord Trends 2020: Emerging Trends in Business | Accenture
Fjord Trends 2020: Emerging Trends in Business | Accenture
 
7 ways to drive Digital Transformation
7 ways to drive Digital Transformation7 ways to drive Digital Transformation
7 ways to drive Digital Transformation
 
Tax in Real Time: How Digital Platforms Will Redefine Future Tax Systems
Tax in Real Time: How Digital Platforms Will Redefine Future Tax SystemsTax in Real Time: How Digital Platforms Will Redefine Future Tax Systems
Tax in Real Time: How Digital Platforms Will Redefine Future Tax Systems
 

Ähnlich wie Living Business: Achieving Sustainable Growth Through Hyper-Relevance

FH_Global_Exec_Summary_15_16_print_pages FINAL
FH_Global_Exec_Summary_15_16_print_pages FINALFH_Global_Exec_Summary_15_16_print_pages FINAL
FH_Global_Exec_Summary_15_16_print_pages FINAL
Marjorie Benzkofer
 
Running head Mission, vision, and values. .docx
Running head Mission, vision, and values.                      .docxRunning head Mission, vision, and values.                      .docx
Running head Mission, vision, and values. .docx
todd581
 
Running head Mission, vision, and values. .docx
Running head Mission, vision, and values.                      .docxRunning head Mission, vision, and values.                      .docx
Running head Mission, vision, and values. .docx
glendar3
 
EY-introducing-EYs-advisory-services
EY-introducing-EYs-advisory-servicesEY-introducing-EYs-advisory-services
EY-introducing-EYs-advisory-services
Stephen Stone
 
EY-introducing-EYs-advisory-services
EY-introducing-EYs-advisory-servicesEY-introducing-EYs-advisory-services
EY-introducing-EYs-advisory-services
Eric Vastag
 

Ähnlich wie Living Business: Achieving Sustainable Growth Through Hyper-Relevance (20)

Relevance: The Beating Heart of a Living Business
Relevance: The Beating Heart of a Living BusinessRelevance: The Beating Heart of a Living Business
Relevance: The Beating Heart of a Living Business
 
Living Business: Achieving Sustainable Growth Through Hyper-Relevance
Living Business: Achieving Sustainable Growth Through Hyper-RelevanceLiving Business: Achieving Sustainable Growth Through Hyper-Relevance
Living Business: Achieving Sustainable Growth Through Hyper-Relevance
 
Insurance As A Living Business
Insurance As A Living BusinessInsurance As A Living Business
Insurance As A Living Business
 
FH_Global_Exec_Summary_15_16_print_pages FINAL
FH_Global_Exec_Summary_15_16_print_pages FINALFH_Global_Exec_Summary_15_16_print_pages FINAL
FH_Global_Exec_Summary_15_16_print_pages FINAL
 
20 most admired companies of the year 2019
20 most admired companies of the year 201920 most admired companies of the year 2019
20 most admired companies of the year 2019
 
Share of Wallet
Share of WalletShare of Wallet
Share of Wallet
 
Changing conventions
Changing conventionsChanging conventions
Changing conventions
 
From Me to We: The Rise of the Purpose-Led Brand
From Me to We: The Rise of the Purpose-Led BrandFrom Me to We: The Rise of the Purpose-Led Brand
From Me to We: The Rise of the Purpose-Led Brand
 
Running head Mission, vision, and values. .docx
Running head Mission, vision, and values.                      .docxRunning head Mission, vision, and values.                      .docx
Running head Mission, vision, and values. .docx
 
Running head Mission, vision, and values. .docx
Running head Mission, vision, and values.                      .docxRunning head Mission, vision, and values.                      .docx
Running head Mission, vision, and values. .docx
 
SME Ambition REPORT
SME Ambition REPORTSME Ambition REPORT
SME Ambition REPORT
 
AGE OF EXPERIENCE, TRENDS RESHAPING THE FUTURE OF CUSTOMER SERVICE, by Gesner...
AGE OF EXPERIENCE, TRENDS RESHAPING THE FUTURE OF CUSTOMER SERVICE, by Gesner...AGE OF EXPERIENCE, TRENDS RESHAPING THE FUTURE OF CUSTOMER SERVICE, by Gesner...
AGE OF EXPERIENCE, TRENDS RESHAPING THE FUTURE OF CUSTOMER SERVICE, by Gesner...
 
The Customer-Conscious C-Suite
The Customer-Conscious C-SuiteThe Customer-Conscious C-Suite
The Customer-Conscious C-Suite
 
The Customer-Conscious C-Suite
The Customer-Conscious C-SuiteThe Customer-Conscious C-Suite
The Customer-Conscious C-Suite
 
Relevance @ Scale: Accenture's New Narrative for Consumer Goods
Relevance @ Scale: Accenture's New Narrative for Consumer GoodsRelevance @ Scale: Accenture's New Narrative for Consumer Goods
Relevance @ Scale: Accenture's New Narrative for Consumer Goods
 
EY-introducing-EYs-advisory-services
EY-introducing-EYs-advisory-servicesEY-introducing-EYs-advisory-services
EY-introducing-EYs-advisory-services
 
EY-introducing-EYs-advisory-services
EY-introducing-EYs-advisory-servicesEY-introducing-EYs-advisory-services
EY-introducing-EYs-advisory-services
 
EY Advisory Services
EY Advisory ServicesEY Advisory Services
EY Advisory Services
 
Marketing Revealed: How Retail and Digital Marketers Drive Transformation
Marketing Revealed: How Retail and Digital Marketers Drive TransformationMarketing Revealed: How Retail and Digital Marketers Drive Transformation
Marketing Revealed: How Retail and Digital Marketers Drive Transformation
 
Age of experience - Sitel
Age of experience - SitelAge of experience - Sitel
Age of experience - Sitel
 

Mehr von accenture

Mehr von accenture (20)

The Industrialist: Trends & Innovations - January 2024
The Industrialist: Trends & Innovations - January 2024The Industrialist: Trends & Innovations - January 2024
The Industrialist: Trends & Innovations - January 2024
 
The Industrialist: Trends & Innovations - September 2023
The Industrialist: Trends & Innovations - September 2023The Industrialist: Trends & Innovations - September 2023
The Industrialist: Trends & Innovations - September 2023
 
Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education
 
The Industrialist: Trends & Innovations - July 2023
The Industrialist: Trends & Innovations - July 2023The Industrialist: Trends & Innovations - July 2023
The Industrialist: Trends & Innovations - July 2023
 
Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education
 
Engineering Services: con gli ingegneri per creare valore sostenibile
Engineering Services: con gli ingegneri per creare valore sostenibileEngineering Services: con gli ingegneri per creare valore sostenibile
Engineering Services: con gli ingegneri per creare valore sostenibile
 
Digital Euro: Implications for the Financial System
Digital Euro: Implications for the Financial SystemDigital Euro: Implications for the Financial System
Digital Euro: Implications for the Financial System
 
More deals, less money: the Black founder funding journey
More deals, less money: the Black founder funding journeyMore deals, less money: the Black founder funding journey
More deals, less money: the Black founder funding journey
 
The Industrialist: Trends & Innovations - June 2023
The Industrialist: Trends & Innovations - June 2023The Industrialist: Trends & Innovations - June 2023
The Industrialist: Trends & Innovations - June 2023
 
Reinventing Enterprise Operations
Reinventing Enterprise OperationsReinventing Enterprise Operations
Reinventing Enterprise Operations
 
Semiconductor Gender Parity Study
Semiconductor Gender Parity StudySemiconductor Gender Parity Study
Semiconductor Gender Parity Study
 
The Industrialist: Trends & Innovations - March 2023
The Industrialist: Trends & Innovations - March 2023The Industrialist: Trends & Innovations - March 2023
The Industrialist: Trends & Innovations - March 2023
 
Nonprofit reinvention in a time of unprecedented change
 Nonprofit reinvention in a time of unprecedented change Nonprofit reinvention in a time of unprecedented change
Nonprofit reinvention in a time of unprecedented change
 
Free to be 100% me
Free to be 100% meFree to be 100% me
Free to be 100% me
 
The Industrialist: Trends & Innovations - February 2023
The Industrialist: Trends & Innovations - February 2023The Industrialist: Trends & Innovations - February 2023
The Industrialist: Trends & Innovations - February 2023
 
Mundo gamer e a oportunidade de entrada pela abordagem do movimento
Mundo gamer e a oportunidade de entrada pela abordagem do movimentoMundo gamer e a oportunidade de entrada pela abordagem do movimento
Mundo gamer e a oportunidade de entrada pela abordagem do movimento
 
Pathways to Profitability for the Communications Industry
Pathways to Profitability for the Communications IndustryPathways to Profitability for the Communications Industry
Pathways to Profitability for the Communications Industry
 
The Industrialist: Trends & Innovations - January 2023
The Industrialist: Trends & Innovations - January 2023The Industrialist: Trends & Innovations - January 2023
The Industrialist: Trends & Innovations - January 2023
 
Reimagining the Agenda | Accenture
Reimagining the Agenda | AccentureReimagining the Agenda | Accenture
Reimagining the Agenda | Accenture
 
Climate Leadership Eleventh Hour | Accenture
Climate Leadership Eleventh Hour | AccentureClimate Leadership Eleventh Hour | Accenture
Climate Leadership Eleventh Hour | Accenture
 

Kürzlich hochgeladen

IAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI SolutionsIAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI Solutions
Enterprise Knowledge
 
Artificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and MythsArtificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and Myths
Joaquim Jorge
 
EIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptx
EIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptxEIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptx
EIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptx
Earley Information Science
 
Histor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slideHistor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slide
vu2urc
 

Kürzlich hochgeladen (20)

08448380779 Call Girls In Greater Kailash - I Women Seeking Men
08448380779 Call Girls In Greater Kailash - I Women Seeking Men08448380779 Call Girls In Greater Kailash - I Women Seeking Men
08448380779 Call Girls In Greater Kailash - I Women Seeking Men
 
Exploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone ProcessorsExploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone Processors
 
IAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI SolutionsIAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI Solutions
 
How to convert PDF to text with Nanonets
How to convert PDF to text with NanonetsHow to convert PDF to text with Nanonets
How to convert PDF to text with Nanonets
 
Real Time Object Detection Using Open CV
Real Time Object Detection Using Open CVReal Time Object Detection Using Open CV
Real Time Object Detection Using Open CV
 
Slack Application Development 101 Slides
Slack Application Development 101 SlidesSlack Application Development 101 Slides
Slack Application Development 101 Slides
 
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
 
Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024
 
08448380779 Call Girls In Civil Lines Women Seeking Men
08448380779 Call Girls In Civil Lines Women Seeking Men08448380779 Call Girls In Civil Lines Women Seeking Men
08448380779 Call Girls In Civil Lines Women Seeking Men
 
Artificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and MythsArtificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and Myths
 
EIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptx
EIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptxEIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptx
EIS-Webinar-Prompt-Knowledge-Eng-2024-04-08.pptx
 
🐬 The future of MySQL is Postgres 🐘
🐬  The future of MySQL is Postgres   🐘🐬  The future of MySQL is Postgres   🐘
🐬 The future of MySQL is Postgres 🐘
 
The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024
 
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
 
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
 
Understanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdfUnderstanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdf
 
What Are The Drone Anti-jamming Systems Technology?
What Are The Drone Anti-jamming Systems Technology?What Are The Drone Anti-jamming Systems Technology?
What Are The Drone Anti-jamming Systems Technology?
 
Histor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slideHistor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slide
 
[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf
 
Presentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreterPresentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreter
 

Living Business: Achieving Sustainable Growth Through Hyper-Relevance

  • 1. RELEVANCE: THEBEATING HEARTOFA LIVINGBUSINESS Achieving Sustainable Growth Through Hyper-Relevance RELEVANCE: THEBEATING HEARTOFA LIVINGBUSINESS Achieving Sustainable Growth Through Hyper-Relevance
  • 2. 68% more likely for relevant companies to be recommended to friends and family. 25% of customers would cease doing business with irrelevant companies. 64% of brand switches driven by lack of relevance. lost in potential revenue in 2017 due to brand switching intheUSalone. $1 trillion
  • 3. of executives representing the highest-performing organizations agree “customerexpectations areincreasinglyshapedbythe mostrelevant,real-time,and dynamicexperiences.” 90% Those at lower performing companies were 20% less likely to agree. ! High performers are more likely to understand and act on these changes. understand and act
  • 4. of high performers believe their business needs a “muchmoreiterative,dynamic, agileapproachtodoingbusiness comparedtothreeyearsago.”84% agreed that “businessreinventionis requiredtobesuccessfulintoday’s context.” 89% Among lower-performing organizations, 67% agreed. ! Highperformerswere farmoreadeptat bridgingthegapbetween knowledgeofwhatis neededtosucceedand achievingit.The knowledge-achievement gapamongother companieswasupto seventimesgreater.
  • 5. Living Businesses unlock sustained growth by continuously adapting to the evolving needs of their customers to achieve total relevance. To identify a clear path forward for today’s large organizations, Accenture undertook a major research initiative in 2018 to determine how leaders in sustainable growth are different from their peers. We found that these companies are agile, moving nimbly and continuously to accommodate customers’ ever evolving needs with speed and scale. They are pivoting their growth strategies to profitable areas beyond the core – and they are funding new growth by optimizing costs elsewhere. Our findings indicate that these companies have developed five interdependent sets of capabilities which represent the keys to growth in the future. We call these the characteristics of a “Living Business”.
  • 6. 50% Our research of over 1,000 companies finds that Living Businesses that excel at these five capability sets are: more likely to report a strong readiness to weather business cycles and disruptions than other companies in their industry. as likely to achieve above- average revenue and profitable growth. TIMES 3 TRANSFORMATION PATHWAYS TO BECOMING A LIVING BUSINESS Rewire Culture Rewire your workforce with a customer-first mindset. Target New Opportunities Target core and disruptive growth initiatives to fuel responsive innovation. Design for Customers Design products and services as hyper-relevant platforms. Build Engagement Build intelligent marketing and sales experiences. Scale with Partners Scale with a broad and new set of ecosystem alliances. The Five Capability Sets
  • 7. NOTIME TOWASTE 52%FORTUNE 500 COMPANIES IN Y2000 NO LONGER EXIST A track record of sustained success is no longer a reliable predictor of future growth, or even survival. 52% of the companies that were included in the Fortune 500 in the year 2000 no longer exist. That’s why Living Businesses are focused on creating new advantages before their current strengths fade. The contrast between their continuously highly relevant offerings, and those of companies hanging onto outdated “best practices,” will be stark. And we are seeing that today’s consumers choose relevance every time.
  • 8. About Accenture Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions – underpinned by the world’s largest delivery network – Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With 459,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com Copyright © 2018 Accenture. All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. About the Research In 2017 and 2018, Accenture Research surveyed over 1000 top executives, including 195 CEOs, at companies spanning more than 10 industries, and with headquarters in 28 different countries. The survey asked about the extent to which customer relevance is driving their company’s growth outcomes, and, also asked respondents to assess their company’s capabilities in terms of becoming and staying hyper-relevant to customers. We used this information to assign each company a “Vitality Score”, and, using both self-reported performance data and public financial data, we developed a model that links vitality with firm performance. Separately, as part of Accenture’s annual Global Consumer Pulse Survey, we asked over 23,000 consumers, representing 33 countries, and commenting on more than eight different industries, about what makes companies and brands relevant to them. We also found out how their perception of a brand’s relevance drives their purchasing behaviors. Read more at www.accenture.com/livingbusiness