Research Alerts and Press Releases 2009

Research Alerts and Press Releases

December 17, 2009

Hackett Research Alert: Companies with Mature Talent Management Capabilities See 18 Percent Higher Earnings, Other Benefits

Companies with more mature Talent Management capabilities reap strong bottom-line benefits, including earnings that are 18 percent higher than typical Global 1000 companies, according to a new study from The Hackett Group, Inc. (NASDAQ: HCKT).

December 3, 2009

Hackett: Extended Jobless Recovery Likely for the Back Office; 1.4 Million Jobs in IT, Finance, Other Areas Face Elimination by 2010

Nearly 1.4 million back office jobs will be lost at the world's largest companies between 2008-2010, according to a new study from The Hackett Group (NASDAQ: HCKT). These losses are just part of a longer-term trend that started in 2001 and will result in nearly 3.6 million general & administrative (G&A) jobs being eliminated by 2014.

November 10, 2009

The Hackett Group Acquires Leading Strategy, Operations and CFO Advisory Consultancy Archstone Consulting

The Hackett Group, Inc. [Nasdaq: HCKT], a global strategic advisory firm, today announced the acquisition of Stamford, Connecticut based Archstone Consulting, LLC ("Archstone"). Archstone is a leading strategy, operations and CFO advisory consultancy with primary focus in the consumer goods, retail, manufacturing, pharmaceutical and utility industry sectors.

October 27, 2009

Learn.com and The Hackett Group Announce Global Implementation Alliance

Learn.com®, the leader in on-demand workforce development and productivity, and The Hackett Group, Inc. (NASDAQ: HCKT), a global strategic advisory firm, today announced a global implementation alliance.

October 21, 2009

Hackett Announces Strategic Alliance With South Africa's IQ Business Group

The Hackett Group, Inc. (NASDAQ: HCKT), a global strategic advisory firm, today announced a strategic alliance with South Africa's IQ Business Group. The alliance will extend Hackett's global reach to cover all of Sub-Saharan Africa, and enhance its ability to offer industry-leading benchmarking and business advisory programs to organizations in these markets.

October 1, 2009

Research Alert: Beyond Shared Services - Hackett Sees Companies Accelerating Evolution to Global Business Services

Many companies are now moving beyond shared services to manage their back-office operations, and a new Global Business Services model is quickly beginning to emerge, according to new research from The Hackett Group, Inc. (NASDAQ: HCKT).

August 25, 2009

Hackett: Most Companies Have Failed Agility Test; Three out of Four Global 1000 Companies Cannot Drive Cost Reductions That Match Declines in Revenue, Profits

The world's largest companies have for the most part failed in their efforts to reduce the cost of functions such as Finance, IT, HR, and Procurement over the past year, exacerbating the impact of dramatic declines in revenue, profits, and earnings, according to new research from The Hackett Group, Inc.

July 16, 2009

Research Alert: Four out of Five Companies Can't Forecast Cash Flow, Study from The Hackett Group/ REL and the NACT Reveals

Four out of five of the world's largest companies are unable to accurately forecast mid-term cash flow, according to a new study from The Hackett Group, Inc. (NASDAQ: HCKT), its REL working capital division, and the National Association of Corporate Treasurers (NACT).

May 12, 2009

New Hackett Research Quantifies Growing IT Services Gap; Demand to Increase by 17% through 2010 as Budgets Remain Flat

IT budgets and staffing levels are expected to remain nearly flat over the next two years, in large part due to the global economic downturn. But demand for IT services will increase by more than 17%, creating a significant gap that companies will need to address with improved efficiency and productivity, according to a new study published by The Hackett Group, Inc. (NASDAQ: HCKT).

April 22, 2009

Hackett: By Controlling Project-Based Indirect Spending Companies Can Net Significant Savings

Typical Global 1000 companies can drive up to $74 million in annual procurement cost reductions by improving their control of project-based indirect spending, according to a new study by The Hackett Group, Inc. (NASDAQ: HCKT).

March 24, 2009

Hackett Offers Best Practice Strategies for Responding To the Global Economic Crisis at its 19th Annual Conference

How are the world's most successful companies reducing cost, managing working capital, and creating competitive advantage during these challenging recessionary times? What changes are they making to efficiently and strategically manage key General & Administrative (G&A) areas such as finance, IT, procurement, and HR given unprecedented volatility in business demand? These questions are at the heart of the agenda for The Hackett Group's 19th Annual Best Practices Conference, at the InterContinental Hotel in Atlanta May 13-14, 2009.

February 19, 2008

Answerthink's EzCPG Solution Receives SAP Qualification

Answerthink, a division of The Hackett Group, Inc. (NASDAQ: HCKT) and an SAP channel partner specializing in the sale, implementation and support of SAP® solutions, today announced that its EzCPG™ is a qualified SAP Business All-in-One partner solution.

February 17, 2008

Hackett Study: Finance Shared Services Now Standard Approach; Shared Services as a Cost-Cutting Tool Shows Dramatic Expansion

Shared Service Organizations (SSOs) have achieved dramatic improvements in cost and productivity, according to new research from The Hackett Group, Inc. (NASDAQ: HCKT). While SSOs have been rewarded for such good work, business expectations are now forcing companies to drive toward a second wave of value creation utilizing complex operating models.

February 13, 2008

New Hackett Study Examines How Companies Manage Unanticipated Project-Based Spending

The Hackett Group, Inc. (NASDAQ: HCKT) has launched a new open performance study designed to help companies more effectively control spending on ad hoc project-based purchases in IT-Telecom, HR, Sales & Marketing, Finance & Corporate Services, and Capital Equipment & Services.

February 10, 2008

The Hackett Group and The Shared Services & Outsourcing Network Announce Alliance For New Service Center Benchmark Study

The Shared Services & Outsourcing Network (SSON), a global community of shared services and outsourcing practitioners, providers and advisors, today announced its strategic alliance with The Hackett Group (NASDAQ: HCKT), a global advisory firm specializing in best practice advisory, benchmarking, and transformation services.

January 29, 2009

Ontario Power Generation Recognized as a World-Class Performer In Finance by The Hackett Group

The Hackett Group, Inc. (NASDAQ: HCKT), a global strategic advisory firm, announced today it has recognized Ontario Power Generation (OPG) as a world-class performer in finance operations.

January 27, 2009

Hackett Announces Research Alliance with IMA To Study IFRS Readiness at U.S. Companies

A research study designed to assess the readiness of U.S. companies to move to International Financial Reporting Standards (IFRS) has been launched as part of a newly-formed alliance between The Hackett Group, Inc. (NASDAQ: HCKT) and the Institute of Management Accountants (IMA).

January 6, 2009

Hackett: Offshoring of Back Office Jobs is Accelerating;Global 1000 to Move More than 350,000 Jobs over Next Two Years

Global 1000 companies are significantly accelerating their movement of back office jobs to India and other low-cost labor markets, according to new research from The Hackett Group (NASDAQ: HCKT).