Hackett: CNN Cable News Network, ``CNN Newsroom''
November 14 2006 - 7:50AM
Business Wire
Reporting from the floor of the New York Stock Exchange, Cheryl
Casone spotlights Hackett's new research concerning globalization,
which finds that the Fortune 500 could potentially save $58 billion
annually, or over $116 million on average per company, by
offshoring many of their back office activities. Hackett estimates
that this increased use of offshore resources such as outsourcers
and captive shared services may impact up to 1.47 million general
and administrative (G&A) jobs in the U.S. Note: Link below is
to a transcript of that hour's broadcast. Search for �Hackett� to
find the coverage. Click Here to Link to Full Text of Article Or
visit the following URL:
http://transcripts.cnn.com/TRANSCRIPTS/0611/01/cnr.03.html To see
the Research Insight described in this press coverage, visit:
www.thehackettgroup.com/news/ For more press coverage of Hackett�s
research and insights in leading business and trade publications,
visit: 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. Reporting from the
floor of the New York Stock Exchange, Cheryl Casone spotlights
Hackett's new research concerning globalization, which finds that
the Fortune 500 could potentially save $58 billion annually, or
over $116 million on average per company, by offshoring many of
their back office activities. Hackett estimates that this increased
use of offshore resources such as outsourcers and captive shared
services may impact up to 1.47 million general and administrative
(G&A) jobs in the U.S. Note: Link below is to a transcript of
that hour's broadcast. Search for "Hackett" to find the coverage.
Click Here to Link to Full Text of Article Or visit the following
URL: http://transcripts.cnn.com/TRANSCRIPTS/0611/01/cnr.03.html To
see the Research Insight described in this press coverage, visit:
www.thehackettgroup.com/news/ For more press coverage of Hackett's
research and insights in leading business and trade publications,
visit: 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.
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