ANSR Hackett Grp., Inc.(The) (MM)

From InformationWeek Editor at Large Eric Chabrow -- Remember VisiCalc? For those too young to remember the dawning of the PC age in the late '70s and early '80s, VisiCalc was the first spreadsheet app for personal computers, and credited with turning the PC from an expensive toy into a serious business tool. But the PC spreadsheet as a key app to drive value in many businesses may have reached its limits, according to a study by The Hackett Group. In the report, The Hackett Group contends world-class companies employing enterprise performance management techniques can double shareholder returns, the IT advisory firm notes that all companies it surveyed utilize spreadsheets as a standalone budgeting tool, but the smart ones limit their use. Click Here to Link to Full Text of Article. Or visit the following URL: http://www.informationweek.com/blog/main/archives/2006/10/ the_spreadsheet.html(Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) Visit The Hackett Group�s �In the News� archive for a more coverage of Hackett�s research and insights in leading business and trade publications. Click Here to Link to Hackett �In the News� Press Coverage Archive. Or visit the following URL: http://www.thehackettgroup.com/press/ About The Hackett Group The Hackett Group (www.TheHackettGroup.com), a strategic advisory firm and an Answerthink company (NASDAQ: ANSR), is a global leader in best practice research, benchmarking and business transformation services that enable world-class performance across selling, general & administrative (SG&A) and supply chain activities. Hackett provides strategic insight, best practice advice and implementation services grounded in performance metrics obtained through 14 years and 3,500 benchmark studies. Through the acquisition of REL Consultancy Group, the world�s largest firm dedicated to generating cash improvement from working capital and operations, The Hackett Group has deepened its advisory capabilities in the area of working capital optimization. For more than 30 years, Hackett-REL Total Working Capital advisors have helped clients in over 60 countries liberate billions of dollars in working capital ($25 billion in the last ten years alone), creating the financial freedom to fund their strategic objectives including acquisitions, product development, debt reduction and share buy-back programs. Executives use Hackett�s unique, empirically-based approach to prioritize initiatives, execute faster, reduce risk and deliver sustainable results. Our clients comprise 97 percent of the Dow Jones Industrials, 77 percent of the Fortune 100 and 50 percent of the FTSE 100. From InformationWeek Editor at Large Eric Chabrow -- Remember VisiCalc? For those too young to remember the dawning of the PC age in the late '70s and early '80s, VisiCalc was the first spreadsheet app for personal computers, and credited with turning the PC from an expensive toy into a serious business tool. But the PC spreadsheet as a key app to drive value in many businesses may have reached its limits, according to a study by The Hackett Group. In the report, The Hackett Group contends world-class companies employing enterprise performance management techniques can double shareholder returns, the IT advisory firm notes that all companies it surveyed utilize spreadsheets as a standalone budgeting tool, but the smart ones limit their use. Click Here to Link to Full Text of Article. Or visit the following URL: http://www.informationweek.com/blog/main/archives/2006/10/ the_spreadsheet.html(Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) Visit The Hackett Group's "In the News" archive for a more coverage of Hackett's research and insights in leading business and trade publications. Click Here to Link to Hackett "In the News" Press Coverage Archive. Or visit the following URL: http://www.thehackettgroup.com/press/ About The Hackett Group The Hackett Group (www.TheHackettGroup.com), a strategic advisory firm and an Answerthink company (NASDAQ: ANSR), is a global leader in best practice research, benchmarking and business transformation services that enable world-class performance across selling, general & administrative (SG&A) and supply chain activities. Hackett provides strategic insight, best practice advice and implementation services grounded in performance metrics obtained through 14 years and 3,500 benchmark studies. Through the acquisition of REL Consultancy Group, the world's largest firm dedicated to generating cash improvement from working capital and operations, The Hackett Group has deepened its advisory capabilities in the area of working capital optimization. For more than 30 years, Hackett-REL Total Working Capital advisors have helped clients in over 60 countries liberate billions of dollars in working capital ($25 billion in the last ten years alone), creating the financial freedom to fund their strategic objectives including acquisitions, product development, debt reduction and share buy-back programs. Executives use Hackett's unique, empirically-based approach to prioritize initiatives, execute faster, reduce risk and deliver sustainable results. Our clients comprise 97 percent of the Dow Jones Industrials, 77 percent of the Fortune 100 and 50 percent of the FTSE 100.