March 26, 2008

Hackett Launches Performance Study in Learning & Development, Helping Companies Improve Efficiency and Effectiveness

New Study Targets Key Component of Talent Management

ATLANTA & LONDON, March 26, 2008 - A new performance study in Learning and Development from The Hackett Group (NASDAQ: HCKT), a global strategic advisory firm, is designed to help companies better understand how their Learning & Development initiatives compare with those of their peers and how they can improve the efficiency and effectiveness of efforts in this key Talent Management area.

Hackett's Learning and Development study is currently seeking new participants and will deliver results in June. Specifically focused on the costs and resources associated with design and delivery of programs, the study will capture and compare over 40 different metrics, including: training cost as a percentage of revenues; delivery cost breakdown per training theme; internal and external design and delivery usage; cost per training delivered per person trained; percentage of design cost to total cost; and percentage of delivery cost to total cost.

The study will also evaluate where companies are making investments, to determine how they can best allocate spending and staffing to improve effectiveness of their learning and development efforts. The allocation of design versus deployment resources will be evaluated in five separate training areas: leadership; management development; professional skills; technology skills; and new product skills.

Study participants will receive a report providing median results for both typical companies and top performers. The study is open to all companies with revenues greater than $1 billion. There is no cost to participate.

"Our previous research has clearly shown the value of strong talent management programs, and how companies can use training to drive strategic advantage and real bottom line improvements," said Hackett HR Practice Leader Stephen Joyce. "The best CLOs understand that the true starting point for improving how their company trains staff and develops leaders is to quantify how things are currently being done, and compare their performance to other leading companies. This new study, which is our first to focus solely on Learning and Development issues, is a fantastic opportunity for CLOs to better understand their operation and identify areas where improvements can make the biggest difference."

Hackett's benchmark studies and research insight in HR, finance, IT, procurement, and other areas set the standard for companies seeking to improve the efficiency and effectiveness of their back-office operations. Hackett's 2007 Talent Management Book of Numbers research series found that by excelling in talent management, the typical Global 1000 company can generate a nearly 15% improvement in Earnings Before Interest, Depreciation, and Amortization (EBITDA), netting almost $462 million annually. Hackett's research demonstrated the bottom line impact of more effectively managing human assets, and provides strong evidence to executives, investors, and HR leadership of the value of developing intangible assets such as a company's workforce.

About The Hackett Group

The Hackett Group (NASDAQ: HCKT), a global strategic advisory firm, is a leader in best practice advisory, benchmarking, and transformation consulting services, including shared services, offshoring and outsourcing advice. Utilizing best practices and implementation insights from more than 4,000 benchmarking engagements, executives use Hackett's empirically based approach to quickly define and prioritize initiatives to enable world-class performance. Through its REL brand, Hackett offers working capital solutions focused on delivering significant cash flow improvements. Through its Hackett Technology Solutions group, Hackett offers business application consulting services that helps maximize returns on IT investments. Hackett has worked with 2,700 major corporations and government agencies, including 97% of the Dow Jones Industrials, 73% of the Fortune 100, 73% of the DAX 30 and 45% of the FTSE 100.

Founded in 1991, The Hackett Group was acquired by Answerthink, which was renamed The Hackett Group in 2008. The Hackett Group has global offices in the United States, Europe and India.