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INDIANA UNIVERSITY X 420 “POOP” SESSION. January 20, 2000. Andersen Worldwide. Andersen Worldwide. Growth rate: 17%. Growth rate: 22%. Andersen Consulting. Arthur Andersen. 51% of fees. 49% of fees. ANDERSEN WORLDWIDE. TODAY 13 YRS. AGO $12 billion $1 billion
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INDIANA UNIVERSITYX 420 “POOP” SESSION January 20, 2000
Andersen Worldwide Andersen Worldwide Growth rate: 17% Growth rate: 22% Andersen Consulting Arthur Andersen 51% of fees 49% of fees
ANDERSEN WORLDWIDE TODAY 13 YRS. AGO $12 billion $1 billion 100,000 21,000 381 (110 countries) 150 REVENUES PEOPLE OFFICES
3% 5% 5% 30% 7% 8% 42% Indy Clients by Industry Other Agriculture Utilities Not for Profit Services Financial Manufacturing
Arthur Andersen Arthur Andersen Assurance & Business Advisory Tax, Legal and Business Advisory Business Consulting Economic & Financial Consulting
THE CHANGING LANDSCAPE - CHALLENGES • Truly global clients • Rapidly evolving • Audit significance • Need for business advisors
THE CHANGING LANDSCAPE-AA SOLUTIONS • Specialized industry teams • Drive to add value • Seamless global client service • Effective use of technology • Audit of the business • Teaming with other service lines • Partnering with clients
Assurance and Business Advisory Derivatives and Treasury Risk Management Financial Assurance Services Internal Audit Services Ethics & Responsible Business Practices Consulting Business Fraud Risk Services Contract Finance & Accounting Services Computer Risk Management Government Contract Consulting
Tax, Legal and Business Advisory Tax Consulting Services Contract Tax Services Strategic Tax Consulting Tax Reporting Services State and Local Tax (SALT) Valuation Services Human Capital Services and International Executive Services Family Business Consulting/ Individual Services/ Executive Financial Services International Tax, Trade & Customs and Intercompany Pricing
Business Consulting Business Planning Performance Management Knowledge Services Technology-Enabled Solutions Business Process Improvement- Best Practices Change Enablement Revenue Growth Enhancement Cost Management
The “Information economy” “Information Superhighway” What Dynamics are Driving Consulting Market Growth Globalization and increased competition New organization structuresand requirements Information technology’s impact on business processes
Companies are Moving Quickly to Respond • Becoming more customer-focused • Reengineering core business processes • Utilizing cross-functional teams • Contemplating major reorganization/restructuring • Increasing investments in people
Companies are Moving Quickly to Respond • Outsourcing non-core activities • Forming strategic alliances • Upgrading IT infrastructure and systems • Demanding value-added from all operations
Economic & Financial Forecasting Corporate Finance Services Legal Consulting Services Corporate Recovery Services Privatization / Global Emerging Markets Actuarial Services Turnaround Services Environmental Services Real Estate Services
WHAT CAN I EXPECT ? • Training • Responsibilities • Key skills • Experience
We work with leading edge technologies... “Real-Time” Communications • LAN/WAN • Wireless • Internet/WWW
We work with leading edge technologies... Groupware • Lotus Notes • Document Imaging • Workflow
We work with leading edge technologies... • PeopleSoft • Lawson • JD Edward’s • Dun & Bradstreet • Oracle/Sybase • PowerBuilder • Hewlett-Packard • IBM Client/Server Applications
REQUIREMENTS ACCOUNTING, CIS, FINANCE COMMUNICATION SKILLS PERSONALITY SELF CONFIDENCE APPEARANCE MOTIVATION INITIATIVE TEAMING ABILITY CRITICAL THINKING