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Global Careers Glossary of Terms O
O

One Global Network
An Accenture core value that is based on the following:

See Core Values.

Operating Groups
Accenture is structured around five operating groups, which together comprise 18 industry groups. The operating groups are: Communications & High Tech, Financial Services, Public Service, Products and Resources.

Operational Efficiency
Accenture's initiative to operate efficiently by continuously improving our client delivery capabilities and cost structure. We will continue to electronically enable our own business processes in areas such as human resources, training, recruiting, performance management and finance and operations management. This initiative is intended to optimize Accenture's high performance.

Outsourcing
See Business Process Outsourcing.

Outsourcing
A long-term partnership, usually involving the transfer of people and assets, by which Accenture assumes responsibility for parts of a client’s business. There are three types of outsourcing: Infrastructure Outsourcing, Application Outsourcing and Business Process Outsourcing. See also Netsourcing, Transformational Outsourcing.

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