The Hackett Group to Preview 2006 SG&A Research Findings At 16th Annual Best Practices Conference
April 20 2006 - 4:30PM
Business Wire
"Leveraging G&A for Competitive Advantage" Conference Also
Features Presentations by Execs from Alcoa, Citigroup,
Hewlett-Packard, and Others The Hackett Group, a strategic advisory
firm and an Answerthink company (NASDAQ:ANSR), announced today that
it will preview findings from its 2006 Book of Numbers(TM) research
at its 16th Annual Best Practices Conference, "Leveraging G&A
for Competitive Advantage: From Back Office to Front of the Line,"
in Atlanta May 4 & 5. The research, which quantifies spending,
staffing, and other key efficiency and effectiveness metrics of
world-class performance in finance, IT, HR, procurement and other
areas, will be one of several conference highlights. The two-day
invitation-only event will also feature presentations by senior
executives from 17 of the world's most successful companies
including: Alcoa, Citigroup, Hewlett-Packard, MeadWestvaco, United
Airlines, and United States Steel. Several presentations will
provide strong insights into the value leverage possible through
effectiveness strategies focused on Total Working Capital
Management. In addition to first-hand client experiences, the
conference will feature research insights from Hackett-REL, the
world leader in Working Capital improvement. Four Advisory Member
Forums will immediately precede the Best Practices Conference on
May 3. These exclusive forums, which focus on Finance Shared
Services, Enterprise Performance Management, Total Working Capital,
and Hackett World-Class Passport(TM) offering, provide members of
Hackett's advisory programs the opportunity to learn about and
participate in discussion of the latest research findings, dialogue
on relevant issues they are currently facing, and discuss their
companies' successes and challenges in an open peer learning
environment. "When you face unrelenting pressure to cut costs, it's
easy to view your G&A spend as the culprit. But increasing
G&A efficiencies should be viewed as an enabler, not the end
goal. Our 2006 research, and the companies that are presenting at
this year's conference, clearly demonstrate that a competitive cost
position in SG&A is just a starting point to world-class
business performance," said Hackett Chief Research Officer Richard
T. Roth. "In an economy where products and services can be
delivered from virtually any location or time zone, the best
organizations are focusing on SG&A effectiveness, and putting
the right information into the hands of the right people to achieve
competitive advantage. This is how G&A can transcend its humble
back-office image to become an important component in the race to
the front of the line," said Mr. Roth. Executives from 17 companies
are currently scheduled to present at the conference, which will be
held at the InterContinental Hotel in Atlanta. The following
executives are currently scheduled to present: -0- *T Alcoa, Inc.
Chairman's Counsel Richard Kelson and Vice President Global
Business Services & CIO Rudolph P. Huber "Aspiring to be the
Best -- The Journey to Excellence" BHP Billiton Vice President
Global Supply Betsy Harrington "Becoming a Benchmark Target - The
Transformation of Supply / Procurement at BHP Billiton" Author
Nicholas A. Carr "Does IT Matter?" Citigroup Global Wealth
Management Chairman & CEO Todd S. Thomson "Keys to Success in a
Changing Market" Constellation Energy Group Inc. Senior Vice
President & CIO Beth S. Perlman "IT -- A Strategic Asset"
Greif, Inc. Vice President Corporate Business Development Robert
Zimmerman "A Strong Result Requires True Grit and New Behaviors"
The Hackett Group Chief Research Officer Richard T. Roth "Jacks or
Better: Lower G&A Costs Are Just the Start for Hackett's 2006
World-Class Performers" The Hackett Group Senior Business Advisor
John McMahan 2006 Metrics and Best Practices in Enterprise
Performance Management The Hackett Group President Wayne Mincey
"Best Practices Insights" The Hackett Group European Practice
Leader Transformation and Advisory Tom O. Bangemann and Hackett
Practice Leader - Global Process Globalization and Outsourcing
Julio Ramirez "Globalization of the Back Office - In Search of the
Best Global Talent at the Best Cost" Hewlett-Packard Company Senior
Vice President & Treasurer Cathie A. Lesjak "The Journey -- A
Closer Look at HP Treasury" Koch Industries, Inc. Senior Vice
President & CFO Steven Feilmeier "Best Practices and
Market-Based Management" Kohler Co. Director Global Procurement
Steve Cassady "Elevating the Role of Procurement: A Center-led
Approach to Capturing Strategic Value" Sprint Nextel Corporation
Vice President Customer Lifecycle & Proactive Retention Chad
Jones "Lessons from Leaders in Leveraging Customer Insight to Drive
Increased Sales" Major League Baseball Executive Vice President
& CFO Jonathan Mariner "World-Class Finance Steps up to the
Mound" MeadWestvaco Corporation Senior Vice President James McGrane
"Going to the Show: A Four-Year Journey toward World-Class
Performance" North Central Texas Council of Governments Director,
Administration Monte Mercer "Using Best Practices to Drive Business
Process Improvement" Pride International Inc. President & CEO
Louis A. Raspino "Driving Shareholder Value and Debt Reduction
through Total Working Capital Management" QUALCOMM, Inc. Senior
Manager of Finance Systems, QCT Finance Group Robert Loreto
"Planning for All of Your Business - Enterprise Planning and Cognos
Finance" Southern California Edison Company Director of Supply
Chain Gary A. Myers "Using Customer Insight to Drive Profitability"
United States Steel Corporation Executive Vice President & CFO
Gretchen Haggerty "The Road to Functional Excellence When Cost
Really Matters" UAL Corporation Director Finance & Vice
Chairman UATP Marc Krohn "United Airlines Leverages Technology to
Achieve Significant Time & Attendance Benefits" *T More
information on The Hackett Group's 16th Annual Best Practices
Conference is available: by phone at (770) 225-7300; by e-mail at
info@thehackettgroup.com; or on the Web at
http://www.thehackettgroup.com. About The Hackett Group The Hackett
Group (http://www.TheHackettGroup.com), a strategic advisory firm
and an Answerthink company, is a world leader in best practice
research, benchmarking and business transformation services that
empirically define and enable world-class enterprise performance.
Through the acquisition of REL Consultancy Group, a global leader
in generating cash improvement from working capital, we offer
Hackett-REL Total Working Capital services to liberate cash flow
from operations through improved working capital, reduced costs and
increased service quality. Hackett-REL has helped clients in more
than 60 countries free up over $25 billion through working capital
improvements in the last 10 years alone. Only The Hackett Group
empirically defines world-class performance in sales, general and
administrative (SG&A) and supply chain activities with analysis
gained through 3,500 benchmark studies over 14 years at 2,000 of
the world's leading companies. Our clients comprise 96 percent of
the Dow Jones Industrials, 77 percent of the Fortune 100 and 92
percent of the Dow Jones Global Titans Index. Book of Numbers and
Hackett World-Class Passport are trademarks of The Hackett Group.
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