The Hackett Group, Inc., together with its subsidiaries, provides strategic advisory services. The company offers best practice advisory, benchmarking, and transformation consulting services, including shared services, offshoring and outsourcing advice. Utilizing best practices and implementation insights from approximately 10,000 benchmarking studies, executives use Hackett’s empirically-based approach to define and prioritize initiatives to enable world-class performance. Through its Archstone Consulting group, the company offers Strategy and Operations consulting services in the Consumer and Industrial Products, Pharmaceutical, Manufacturing and Financial Services industry sectors. Through its REL group, the company offers working capital solutions focused on delivering significant cash flow improvements. Through its Enterprise Resource Planning Solutions group (ERP Solutions), the company offers business application consulting services that help maximize returns on investments for SAP technologies. The company has worked with approximately 3,500 major corporations and government agencies. OFFERINGS The company offers a range of services, including executive advisory programs, benchmarking, business transformation and technology consulting services. With strategic and functional knowledge in finance, human resources, information technology, procurement, supply chain management, corporate services, customer service, and sales and marketing, its expertise extends across the enterprise. The Hackett Group Executive Advisory Programs On-demand access provides performance metrics, peer-learning opportunities and best practice implementation advice. The scope of the company’s advisory programs is defined by business function (Executive Advisory) and by end-to-end process coverage (Process Advisory). The company’s advisory programs include a mix of the following deliverables: Advisor Inquiry: The company’s inquiry services are used by clients for quick access to fact-based advice on proven approaches and methods to increase the efficiency and effectiveness of selling, general and administrative processes. Best Practice Research: Empirically-based research and insight derived from Hackett benchmark, performance and transformation studies. The company’s research provides detailed insights into the most significant proven approaches in use at world-class organizations that yield superior business results. Peer Interaction: Regular member-led Webcasts, annual Best Practice Conferences, annual Member Forums, membership performance surveys and client-submitted content, provide ongoing peer learning and networking opportunities. Best Practice Intelligence Center: Online, searchable repository of best practices, performance metrics, conference presentations and associated research available to Executive Advisory Program Members and their support teams. Benchmarking Services Studies are conducted in a range of areas, including selling, general and administrative, finance, human resources, information technology, procurement, enterprise performance management, shared service centers and working capital management. The company has identified approximately 1,900 best practices for 95 processes in these functional areas and uses proprietary performance measurement tools and data collection processes that enable companies to complete the performance measurement cycle and identify and quantify improvement opportunities in as little as four weeks. Business Transformation The company’s Business Transformation programs help clients develop a coordinated strategy for achieving performance improvements across the enterprise. The company’s experienced teams utilize Hackett performance measurement data to link performance gains to industry best practices. The company’s strategic capabilities include operational assessments, process and organization design, change management and the effective application of technology. The company combines best practices knowledge with business expertise and broad technology capabilities, which the company believes enables its programs to optimize return on client investments in people, process, technology and information. Through REL, the company offers services which are designed to help companies improve cash flow from operations through improved working capital management, reduced costs and increased service quality. ERP Solutions The company’s ERP Solutions professionals help clients choose and deploy the software applications that best meet their needs and objectives. The group offers comprehensive services from planning, architecture, and vendor evaluation and selection through implementation, customization, testing and integration. Comprehensive fit-gap analyses of all major packages against Hackett Best Practices are utilized by its ERP Solutions teams. As of March 29, 2013, the company exited the Oracle ERP implementation business practice, which is separate and distinct from its Oracle Enterprise Performance Management (EPM) practice. Intellectual Property The company has obtained trademark registrations for The Hackett Group and Book of Numbers and various other names and logos, and the company owns registrations for certain of its other trademarks in the United States and abroad. Strategy The company’s focus will be on executing the following strategies: expanding its brand or market permission to its other offerings; continuing to position and grow Hackett as an IP-centric strategic advisory organization; introducing new IP–centric Offerings; continuing to expand its BPI tools; recruiting and developing talent; leveraging its dual shore capabilities; and seeking out strategic acquisitions. History The company was founded in 1991. It was formerly known as Answerthink, Inc. and changed its name to The Hackett Group, Inc. in 2008. The company was incorporated in 1997.
hackett group inc/the
(HCKT:Consolidated Issue Listed on NASDAQ Global Select )
1001 Brickell Bay Drive
Miami, FL 33131
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