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June 7, 2013
MIAMI & LONDON, June 7, 2013 - As economies around the world become more integrated, understanding the optimal way to operate globally has become a driving force. How companies are addressing the opportunities and challenges of today's global economy was the focus of The Hackett Group's 2013 North American Best Practices Conference, "Borderless Business: Integrating the Enterprise for Sustainable Success," held in Miami May 20-22, 2013.
The Hackett Group (NASDAQ: HCKT), a global strategic business advisory and operations improvement consulting firm, is a leader in best practice advisory, business benchmarking, and transformation consulting services including strategy and operations, working capital management, and globalization advice.
This year's best practices conference brought together speakers from 17 of the world's most successful companies, including CEOs, CFOs, CIOs, and leaders in procurement, human resources, and global business services from: Becton, Dickinson and Company; Citigroup; Coca Cola Refreshments USA; Cytec Industries; FedEx; Fidelity Investments; General Electric; General Mills; Hertz; Kimberly-Clark; Kronos; Lennox International; Meritor; MetLife; Office Depot; SAP AG; and TE Connectivity. In addition nine companies served as sponsors for The Hackett Group conference: Cadency, a product of Trintech; Coupa Software; Genpact Limited; HP; Invest Lithuania; Kronos; Open Scan; SAP; and Zycus.
The invitation-only event, which was attended by over 200 senior-level executives from the world's most respected brands, also featured The Hackett Group latest insights on the strategies and tactics being deployed by the highest performing global companies.
At the conference, The Hackett Group also offered an update and live demonstration of The Hackett Group's Performance Exchange™, a new automated measurement dashboard designed to accelerate companies' journeys to world-class performance. The Hackett Group Performance Exchange is a breakthrough performance intelligence solution that automatically extracts data from ERP systems and benchmarks results to produce actionable insights - faster and at a fraction of the cost and effort involved in any benchmarking alternative or building a custom solution.
"Today's business world is all about transcending borders, and the accelerating flow of ideas, resources, capital, and goods," explained The Hackett Group Chairman & Chief Executive Officer Ted Fernandez."The increasingly competitive global marketplace has reduced the interval between seeing an opportunity - or threat - and making the operational changes necessary to respond to it effectively. As a result, information and operational expectations have necessitated one global view of your customers, your supply chain, your operations, your financials and your talent.
"At The Hackett Group's 2013 North American Best Practices Conference, we offered an opportunity to learn how the world's most successful companies are adapting to the opportunities and challenges of operating globally," said Mr. Fernandez.
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.