August 31, 2010

The Hackett Group Recognizes HP as a World-Class Performer in HR

  • HP Achieved Top-Quartile Efficiency and Effectiveness in HR Benchmark

ATLANTA & LONDON, August 31, 2010 - The Hackett Group Inc (NASDAQ: HCKT), a global strategic advisory firm, today recognized HP as a world-class performer in Human Resources according to its HR benchmark study.

The award was presented to Marcela Perez de Alonso, Executive Vice President, Human Resources, HP, and accepted by Dr. Teri Eyre, Vice President, Personal Systems Group HR, HP, at The Hackett Group's 20th Annual Best Practices Conference in Atlanta. It was based on the results of an in-depth HR benchmark performed by The Hackett Group, and recognizes HP's status as an organization demonstrating top quartile efficiency and effectiveness in HR operations. The company's performance was measured across more than a hundred HR metrics and compared with results from more than 200 recent benchmarks performed with Global 1000 companies, state and federal government organizations, and academic institutions. HP currently has more than 300,000 employees and does business in over 170 countries.

"The businesses we work with understand the clear value of metrics and continuous measurement as the key to achieving sustainable efficiency and effectiveness in HR," said The Hackett Group Global HR Transformation and Advisory Practice Leader Harry Osle. "Our detailed empirical benchmark results have helped establish a strong agenda for HR. Using them, companies can drive efficiencies, maintain a rigorous focus on talent management, and move towards a holistic, integrated workforce management system that is closely aligned to their business needs."

According to HP's Perez de Alonso, "Our goal has been to build a best-in-class HR organization that is engaged in making talent a competitive advantage for HP, and enabling the business to deliver on its strategy. Our workforce planning and people development programs are focused on better enabling people for success across the enterprise and help attract and retain talent, ensuring that HP has the skills and capabilities needed to innovate, grow and achieve its business goals."

According to The Hackett Group's best practices benchmarking research, companies with world-class HR organizations invest more in internal talent management, and are tightly linked to business planning and the development of a comprehensive HR strategy. Keys to achieving these results include a focus on process standardization and simplification, an improved service delivery model, better leverage of technology, and through this, enhanced value to the business.

About The Hackett Group, Inc.

The Hackett Group (NASDAQ: HCKT) is an intellectual property-based strategic consultancy and leading enterprise benchmarking and best practices implementation firm to global companies. Services include business transformation, enterprise performance management, working capital management, and global business services. The Hackett Group also provides dedicated expertise in business strategy, operations, finance, human capital management, strategic sourcing, procurement, and information technology, including its award-winning Oracle EPM and SAP practices.

The Hackett Group has completed more than 11,000 benchmarking studies with major corporations and government agencies, including 93% of the Dow Jones Industrials, 86% of the Fortune 100, 87% of the DAX 30 and 52% of the FTSE 100. These studies drive its Best Practice Intelligence Center™ which includes the firm's benchmarking metrics, best practices repository, and best practice configuration guides and process flows, which enable The Hackett Group's clients and partners to achieve world-class performance.