VIRTUAL MANAGEMENT AT ACCNTURE

OUESTION & ANSWER

Q.1 What are the advantages of working in a enviornment like the one created by accenture? What are the disadvantage?

ANS:- Advantages of working in a virtual environment is useful to business organisations as it helps them in following ways:

1) virtual environment helps develop and improve the performance of the organisations

2) operating virtually helps them to gather and share information easily even when they are far from each other.

3) virtual environment helps make decisions quickly and reliable.

4) easy access to global conferences.

5) helps in reducing overhead expenses.

Disadvantages

1) face to face interaction is not possible.

2) may require heavy cost of, to maintain information system.

3) if system fails then working of the organisation also fails which leads to many inconveniences.

Q. 2 Would you like to work in a company like Accenture?Why or why not?Explain your answer.

Ans. Working in a company like Accenture would certainly add a good experience. Doing this virtually will not only help me to save time but also provide me with knowledge in a continous basis. Working like in this company will benefit me in terms of compensation, higher salary packages and last but not the least the global exposure
Q.3 What kinds of companies could benefit from being run virtually like Accenture? Could all companies be run virtually like Accenture?

Ans. Companies whose major part of their working depends upon outsourcing, who has workforce diversity and companies who provide their customers value based quality services with shared knowledge through internet would be benefited.No, all companies can't be run virtually like Accenture as this is not an easy thing to do. It requires a good co-odination between the employees heavy installation cost of information system etc. which might be difficult for many organization to implement with.

Q।4 According to Accenture, how does information technology help create high-performance organization?

Ans।:-ccenture research indicates that high-performance businesses view IT as a strategic asset—a source of both operational excellence and competitive advantage। Our Strategic IT Effectiveness (SITE) experts help top management adopt that mindset and achieve greater business value from IT। We have a clear perspective: IT is not merely a cost but a critical contributor to the business, focused on improving business value and performance। Our professionals are experienced with bold, value-creating approaches to IT, bringing boardroom-relevant criteria to IT investments and helping high-performance businesses to "think bigger" about IT's ability to improve operating results।

“Leaders are born, not made.”

“Leadership is management’s job.”
“All bosses are leaders.”
“Leadership? That means having to pick up the
slack that results from everyone else’s mistakes.”
“I don’t need to be a leader. I’m not in charge.”
“Leaders are born, not made.”

• ever heard these? Or perhaps even said them yourself ?
  You’re not alone. It seems like everyone has something to say
  about leadership – even if what they’re saying is based on misunderstandingand misconception.
• Sometimes we accept ideas as facts and let them rule our hearts
  and our behaviors without taking the time to really think about
  them. And so when we hear people saying this or that about
  leadership, we may be tempted to just accept it as the truth. And
  that’s unfortunate, because leadership is something we all need
  more of in our lives … in our workplaces, our families, our communities,
  and our country.
• So what is leadership? Leadership is the behavior we exert when
  we take responsibility for our actions and their consequences. It’s
  the voice within us that calls out and says, “Take charge!” It’s the
  challenge we face when we assume responsibility for guiding
  others. Leadership is often the difference between success and
  failure. It’s what separates the doers from the observers. And it’s
  what gives direction to individuals and organizations.
  Without leadership, we are lost.
• Despite the old adage, the truth is that leaders are made, not born.
  Leadership is developed by learning and refining a set of skills –
  skills that anyone, including you and me, can learn and develop.

Another truism is that leadership is not just
management’s job, it’s everyone’s
responsibility regardless of birth, education,
income, or position

• You may be asking, “Why me? Why do I need to be a leader?”
  Because deep down inside, we all want to make a positive
  difference in our lives in ways that make our world a better place.
  After all …
  What’s more important than helping others do a good job at work and getting enjoyment from it?
• What’s more important than teaching others about the
  business so they (and you) will be more successful?
• What’s more important than following through on your
  commitments to the people with whom you work?
• What’s more important than setting a good example for
  others to follow including your coworkers, your friends,
  and your children?
• What makes a good leader? Ask a hundred different people, and
  you’ll probably get a hundred different answers. But one thing’s
  for sure, almost all of the attributes commonly cited for an
  effective leader have one central theme:
  
  working with others.
  
  L isten and earn from others
  E nergize the organization
  A ct for the benefit of everyone
  D evelop themselves and others
  E mpower others to lead
  R ecognize achievement.

imporant of time managment in life

Time is something that you can never take back. What’s done is done. Nothing in history can be changed. The most we can do about anything that has already been done is to take counter measures to prevent the damage from spreading. However, there is one more effective way to stop the damage and that is to prevent it.You must have heard it said that “Prevention is better than cure.”This quote is most often used in terms of illness; however, this can also be done for future mistakes. Time management is a form of prevention.Why is time management so important? Time is the most important commodity. Time never comes back. It never rewinds like videotape.You can get more money but you cannot get more time!Here are the most common reasons why time is so important:1. Time cannot be stored Everyone no matter how rich or poor spends time the same way, it doesn't speed up for the rich and slow down for the poor. Time management is equal to wise usage of time. This may be the difference between fame and failure.2. Time is rare Yes, everybody has the same number of hours, but haven't you noticed that people are complaining that they don't have enough of it? There is just “so little time and so much to do” that people go out of focus. Time management means giving importance to priorities and nearer deadlines and these give you enough for the crucial activities in life.3. Time is needed for everything Everything takes time; everything needs time to materialize. With time management, each task is given enough time to be finished. By giving a sliver of time for each of your goals and accounting for it wisely, you will be able to achieve them, plus make time for rest. Truth is, even little time produces work. If distributed wisely throughout the day or week, you would be surprised to how much you can accomplish.4. Time management helps you finish more jobs with less effort By allotting a certain amount of time for each activity, you don’t have to worry about the next thing that you will do. With time management, you become more organized and the things you do become more habitual than panic-driven. By making it a habit, you become more productive. As Aristotle said, “We are what we repeatedly do. Excellence, then, is not an act, but a habit. ”In modern times, each product, place, or gadget has minute differences that make it very hard for you to choose. There are so many opportunities to choose from as to what to do with your time. By having a plan, you will be able to make intelligent choices. By becoming more conscious of the available time and the choices you've made so far, you focus more on your priorities rather than useless work.Time management is indeed a gem. Once it becomes a habit, it will be more beneficial than time-consuming.