Accenture's Chief Learning Officer Explains New

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Accenture's Chief Learning Officer Explains New 'Performance Achievement' Strategy on Latest 'Firing Line with Bill Kutik' Video Series

WESTPORT, CT--(Marketwired - Aug 23, 2016) -  Rahul Varma, Chief Learning Officer at Accenture ( NYSE : ACN ), explains the company's new "performance achievement" management strategy and its new strategy to reinvent training for Millennials and all employees on the current edition of " Firing Line with Bill Kutik ® " starting today on YouTube.

Accenture set out to reinvent performance management several years ago, Varma tells Kutik, before the start of general public criticism of the old rating process. "We came to a conclusion that performance management had outlasted its utility. It was demotivating more people than it was motivating, and it was just not driving great performance," he says.

An extensive research process informed a new approach to performance management that Accenture calls "performance achievement." Varma explains on the show it is built around five core principles.

As for re-inventing training, Varma emphasizes that Accenture's new initiatives can be applied at any company "irrespective of budget, size or industry." Accenture itself has more than 370,000 employees and made a training investment of more than $840 million in its fiscal 2015.

"First, make your training leader-led [by a person]. Second, curate, don't create. Third, make them real experiences and less about classrooms."

Noting that Accenture's global workforce now includes about 70 percent Millennials, including 90 percent of new hires in 2015, Varma adds that the company's new approach is also well suited to all employees. "The truth is that we are a truly global workforce with multiple generations, multiple cultures, multiple countries. And so learning has to be relevant and inclusive for everyone," Varma tells Kutik.

The centerpiece of the company learning approach is known as "Accenture Connected Learning." Varma says it is "driven by a simple mantra."

"It's about time away to learn and it's about learning all the time. There are two big inventions that are powering this. The first, we've taken classrooms and connected them all around the world. We've created 70 connected classrooms and are well on our way to making 100.

"The second is a digital invention which we call the learning boards. What's wonderful about them is that our field experts, our leaders, are actually curators. Within 18 months we've gone to over 1,000 learning boards that are accessed by more than 130,000 users, making it the fastest scalable learning vehicle we've ever known of."

Commenting on the interview, Bill Kutik, host and managing editor of " Firing Line with Bill Kutik ® " said: "It was exciting to welcome Rahul Varma, since the initiatives he is leading at Accenture are among the most advanced in the world. "They can serve as a model for many companies, including those where Millennial employees constitute a substantial portion of the workforce."

The monthly " Firing Line" series has received more than 46,000 views on YouTube since its debut last year. Watch the new episode at http://bit.ly/KutikFiringLine .

SAP ( NYSE : SAP ) is the inaugural sponsor of " Firing Line with Bill Kutik ® ." Other sponsors of the program, now in its second season, include ADP and Infor.

About Bill Kutik

As the HR industry's leading independent analyst, Bill Kutik is considered one of the top four influencers in the HR technology marketplace. For 27 years, he has been Technology Columnist for "Human Resource Executive ® " and served as founding co-chair of the magazine's famous annual HR Technology ® Conference & Expo, since it began in 1998 through 2013.

In 2012, Human Resource Executive named him one of the 10 "Most Powerful HR Technology Experts" and The Huffington Post in 2013 listed him in "Top 100 Social HR Experts on Twitter."

Previously, he reported for "The New York Times" and "The New York Daily News." He has a BA degree from Harvard University. He can be reached at Bill@Kutik.com .

Scroll down for more posts ▼

Top 10 Most Recent News Articles

IM Cannabis's Third Quarter Financial Jolt

Updated Category News Views 120

IM Cannabis Takes a Hit, But Seeks New Angles Diving into IM Cannabis's (NASDAQ: IMCC) latest financial splash is like reading a weathered old map of the stock market. The third quarter of 2026 wasn't kind to this little cannabis outfit. Revenues have nosedived to C$1.65 million from last year's C$5.08 million. It's not just the typical bad quarter blues; it's a solid...

Continue Reading
MV Transportation Celebrates Leadership Nomination for FTA

Updated Category News Views 102

MV Throws Support Behind Aesch for FTA Role In this wild world where public transit feels the heat from financial burdens, MV Transportation's recent move to support Mark Aesch for the Federal Transit Administration's top spot isn’t just a nod of approval—it's a full-blown trumpet blast. They're not just doling out a basic endorsement here; they're practically waving...

Continue Reading
Enjay Acquires New Method: A Strategic Synergy Unfolds

Updated Category News Views 98

Enjay's Bold Move into New Territory Here's a headline that doesn’t just flutter past like yesterday's news. Enjay Converters Ltd, straight from Cobourg, Ontario, has clinched a deal that looks like it might just shake things up a bit on the food packaging scene. They’ve bagged New Method Packaging LLC, another big player, but this time from the heartland of...

Continue Reading
Microsoft's Cloud Misstep: Recovery Plans in Focus

Updated Category News Views 104

Microsoft's Stumble Puts CIOs on Alert Thursday's Microsoft 365 outage, a wrench in the works for every firm that ties its daily operations to these cloud services, has brought some harsh truths to the table. On November 12, outages hit users hard, preventing access to Exchange Online mailboxes and sending ripples through Teams, SharePoint, Copilot, and Defender. You...

Continue Reading
Hybrid Bonding Market Shooting to $2.45 Billion by 2033

Updated Category News Views 126

Hybrid Bonding: The Future of Semiconductor Interconnects? Mark these words: Hybrid bonding isn't just another tech trend—it’s morphing into a billion-dollar juggernaut, my friend. With the latest numbers from MarketsandMarkets™, we see a potential leap from USD 0.38 billion in 2026 to a staggering USD 2.45 billion by 2033. We'll be seeing an eye-popping CAGR of...

Continue Reading
Sino Bio Speeds AI Drug Discovery with 4RISE Launch

Updated Category News Views 80

AI Meets Real-World Validation In the world of cutting-edge biotech, Sino Biological is turning heads with its latest move. If you're in the game of AI-driven drug discovery, their new 4RISE™ high-throughput wet-lab validation services could be the breakthrough you've been waiting for. Why? Well, the promise of AI is dazzling, but it all boils down to how fast you can...

Continue Reading
NVIDIA Faces Legal Turbulence: CEO's Exit Sparks Chaos

Updated Category News Views 161

Jensen Huang's Sudden Exit: A Barrage of Headlines In what feels like a blow delivered by a sledgehammer, NVIDIA is rocked by the abrupt resignation of its iconic co-founder and CEO, Jensen Huang. This isn't some quiet departure into the night. Nope, it's more like a cannonball being fired into the investor lounge, leaving a wreckage for all to navigate through. Huang's...

Continue Reading
Nonprofit and Partners Gift Homes to Veterans

Updated Category News Views 87

A Heartfelt Gesture on Veterans Day Now this is the kind of story that gets you right in the gut. On November 9, two veterans, who were likely walking into a golf club thinking it was just another evening, were handed the keys to a future they might have only dreamt of: a mortgage-free home. Operation Finally Home, backed by the big names like Lennar and the patriotic...

Continue Reading
BETR Investors Face Action: Nov. 20 Deadline Nears

Updated Category News Views 121

High Stakes for BETR Shareholders If you're holding shares in Better Home & Finance Holding Company, right now might feel like you're at a craps table with emptying pockets. BETR, trading under NASDAQ, has become the center of a legal hurricane, with investors eyeing the November 20th deadline to join a securities class action led by Hagens Berman. The class period in...

Continue Reading
Philip Scroggie's Legacy in Global Energy Projects

Updated Category News Views 116

A Lifetime of Energy Industry Excellence When you've been around the block in the energy sector as long as Philip D. Scroggie has, you're bound to pick up a few accolades. Recognized as an Inner Circle Lifetime Member, this guy has etched his name in the annals of global energy project management. Yeah, he's been a heavyweight in the oil, gas, and LNG industries, and he's...

Continue Reading

Top 5 Most Recently Viewed Articles

Exciting New Indoor Adventure: Albatross to Open Soon

Updated Category News Views 418

Albatross: A New Era in Indoor Entertainment Get ready for an unparalleled experience as Albatross prepares to open its doors, offering a unique blend of indoor mini putting, luxury bowling, craft cocktails, and vibrant dining options. This venue promises to redefine leisure and entertainment as we know it. Grand Opening Celebration Mark your calendars for the grand...

Continue Reading
Navigating Innovation: Key Insights from CIOs Worldwide

Updated Category News Views 179

Understanding the Evolving Role of CIOs The 2025 CIO Report, released by Logicalis, offers invaluable insights gathered from the perspectives of over 1,000 CIOs across the globe. The report highlights a significant shift in the responsibilities of CIOs, revealing that 95% of organizations are making technological investments focused on generating new revenue streams...

Continue Reading
Jake Owen Set to Light Up NASCAR All-Star Race Weekend Concert

Updated Category News Views 447

Exciting Concert Announcement for NASCAR All-Star Race Weekend As part of the thrilling NASCAR All-Star Race weekend, the multi-talented Jake Owen will take the stage on Saturday night as a centerpiece of the festivities. Presented by Raymer Oil, this special performance is eagerly anticipated by both race aficionados and country music fans alike. The event will be held...

Continue Reading
Keros Therapeutics Secures FDA Orphan Drug Designation for KER-065

Updated Category News Views 166

Keros Therapeutics Secures FDA Orphan Drug Designation Keros Therapeutics, Inc., a clinical-stage biopharmaceutical company based in Lexington, has made significant strides in the treatment landscape for Duchenne muscular dystrophy (DMD) by announcing that the U.S. Food and Drug Administration (FDA) has granted Orphan Drug designation for its promising candidate, KER-065....

Continue Reading
AM Best Upholds Credit Ratings for Partners Life Limited

Updated Category News Views 186

AM Best Today Affirms Partners Life Limited's Credit Ratings Recently, AM Best provided a significant update, affirming the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) for Partners Life Limited. These ratings reflect a stable outlook for the company, underscoring its strong financial positioning in the insurance...

Continue Reading