{ "docId": "019dd923-5ca1-7489-b633-9a0bb4402254", "docSlug": "34cc09be0c192e58", "documentTitle": "Total Enterprise Reinvention", "authorId": "Accenture", "authorName": "Accenture", "documentKindSlug": "consulting-deck", "documentKindLabel": "Consulting deck", "sourceTypeSlug": "strategy_consulting", "sourceTypeLabel": "Strategy consulting", "presentationDate": null, "orientation": "landscape", "aspectRatio": 1.778, "pageNumber": 35, "pageCount": 62, "prevPage": 34, "nextPage": 36, "slideType": "key_messages", "function": "summarize", "density": "dense", "nDataPoints": 3, "notes": "The slide uses a conceptual image of a person looking through abstract glass panels to represent a shift in perspective.", "elementsJson": [ "paragraph", "photo" ], "metadataConfidence": 0.95, "imagePath": null, "slideHref": "/slides/019dd923-5ca1-7489-b633-9a0bb4402254/35", "deckHref": "/decks/019dd923-5ca1-7489-b633-9a0bb4402254", "deckJsonHref": "/decks/019dd923-5ca1-7489-b633-9a0bb4402254.json", "deckAnchorHref": "/decks/019dd923-5ca1-7489-b633-9a0bb4402254#slide-35", "components": [ { "bbox": null, "kind": "callout", "text": "In other words, benchmarks become a barrier to achieving the possible.", "attrs": null, "subkind": null, "toolName": "Visual emphasis", "toolSlug": "visual-emphasis", "confidence": null, "componentId": "019dd951-9f63-7414-b699-fe1f484c04ae", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.34, "x": 0.057, "y": 0.94 }, "kind": "disclaimer", "text": "Total Enterprise Reinvention | The strategy that leads to a new performance frontier", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "a5c7c19d-295a-4792-bf9d-ca20c9dcb48b", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 1, "w": 0.535, "x": 0.465, "y": 0 }, "kind": "image", "text": null, "attrs": null, "subkind": "photo", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "ea4917ff-bb07-440e-9d17-fae641cd066e", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "metric", "text": "decline in 'best practice' mentions in earnings calls since Q1 2020: 24%", "attrs": null, "subkind": "primary", "toolName": "Quantification", "toolSlug": "quantification", "confidence": null, "componentId": "019dd951-9f63-7414-b69a-008185a016cf", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.25, "w": 0.26, "x": 0.057, "y": 0.248 }, "kind": "paragraph", "text": "In the past, many companies determined the full potential of their transformation by benchmarking their performance against that of peers, as well as targeting current industry best practices. If you’re behind, these metrics can help create a case for change. However, they also can limit the ambition of leaders because they don’t reflect the art of the possible as it relates to technology and new ways of working. In other words, benchmarks become a barrier to achieving the possible.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "1f5901bd-f29c-4e0d-896e-85f36f25d319", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.18, "w": 0.26, "x": 0.057, "y": 0.553 }, "kind": "paragraph", "text": "Given the rate at which technology and customer habits are evolving, what is best-in-class today will be lagging before tomorrow arrives. Indeed, strong performance increasingly does not endure. Our analysis finds that between 2011 and 2022, the gap between top- and median-performing companies on total shareholder returns declined by 15 percentage points, on average, across industries.21", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "653a4039-bb9c-473e-b9d3-2b6d903bdf99", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.205, "w": 0.205, "x": 0.284, "y": 0.248 }, "kind": "paragraph", "text": "Mentions of the phrase “best practice” in earnings calls among the world’s 2,000 largest publicly traded companies by revenue have declined by 24% since Q1 2020. Nevertheless, more than half (55%) of the executives we surveyed are still focused on matching existing best practice in their industry and see that goal as the full potential they can hope to achieve (see Figure 9).", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "a08c2c27-d684-43cd-955f-a69bd24e65fd", "frameworkName": null, "frameworkSlug": null } ], "metrics": [ { "metricRaw": "decline in 'best practice' mentions in earnings calls since Q1 2020", "numberRaw": "24%", "numberKind": "percent", "actionTitle": null, "calloutText": "In other words, benchmarks become a barrier to achieving the possible.", "numberScale": null, "numberValue": 24, "metricFamily": "other", "numberCurrency": null } ], "tools": [ { "name": "Core Message Extraction", "slug": "core-message-extraction", "agent": "Architect", "layer": "slide", "matchId": "019dd95a-0f08-73d3-9888-c4fef2c421a1", "evidence": "'Benchmarks become a barrier to achieving the possible'", "confidence": 60 }, { "name": "Pyramid Principle", "slug": "pyramid-principle", "agent": "Architect", "layer": "slide", "matchId": "0d21b471-e4a9-46b4-bff7-795ad9d5f2b2", "evidence": "In the past, many companies determined the full potential of their transformation by benchmarking their performance against that of peers, as well as targeting current industry best practices.", "confidence": 0.8 }, { "name": "Von Restorff Effect", "slug": "von-restorff-effect", "agent": "Designer", "layer": "slide", "matchId": "019dd95a-0f08-73d3-9888-c2c0901252fb", "evidence": "24% as highlighted figure", "confidence": 60 } ], "frameworks": [], "arcBeats": [ { "to": 48, "from": 25, "beatId": "019dd95a-0682-776c-8e33-baaac2f5c28b", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Solution & Approach", "beatSlug": "consultants-gambit-solution-approach", "evidence": "Six characteristics of Total Enterprise Reinvention sectioned out", "position": 3, "confidence": 88, "parentBeatName": "Turn", "parentBeatSlug": "turn" }, { "to": 48, "from": 25, "beatId": "019dd95a-0682-776c-8e33-c9f3aaf5b7af", "arcName": "The Triple Take", "arcSlug": "triple-take", "beatName": "The Implications (So What)", "beatSlug": "triple-take-the-implications-so-what", "evidence": "Six characteristics frame what reinventors do differently", "position": 2, "confidence": 60, "parentBeatName": "Reflection", "parentBeatSlug": "reflection" } ], "loops": [ { "to": 36, "from": 34, "name": "Myth Buster", "slug": "12-myth-buster", "bestFor": "Rebranding, changing market perception, correcting false assumptions", "matchId": "019dd95a-07fe-70ce-8d3b-57c45b86a197", "evidence": "Action title 'Best practice is falling out of favor — but not for all'", "position": 7, "objective": "Reject benchmarking orthodoxy; aim beyond best practice", "structure": "The Common Belief -> The Friction/Failure of that Belief -> The New Truth", "confidence": 80, "description": "Address a common misconception head-on to clear the room for a new truth" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }