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Last year, Accenture trained 550,000 workers in AI—now it’s warning senior staff to use it or don’t get promoted
Yahoo Finance· 2026-02-23 16:33
Bosses have long warned staffers who are slacking in AI adoption that they will get overtaken by their tech-savvy coworkers—and now, having the skill can make or break a career. Consulting giant Accenture just told its associate directors and senior managers that they need to consistently use its AI tools in order to be considered for high-level promotions, according to a recent Financial Times report. The Dublin-based company already started monitoring the weekly AI tools log-ins of some of its senior ...
OpenAI deepens partnerships with consulting giants to push enterprise AI beyond pilot
Yahoo Finance· 2026-02-23 13:35
Core Insights - OpenAI is expanding its enterprise market strategy by collaborating with four major consulting firms to facilitate full-scale AI deployments for corporate clients [1][2] Group 1: Partnership and Strategy - The newly launched "Frontier Alliance" program is designed to integrate OpenAI's technology into core business processes, supported by BCG, McKinsey, Accenture, and Capgemini [2] - OpenAI's engineers will work directly with consulting teams to train staff and assist in AI implementation, addressing common obstacles to AI adoption [5][6] Group 2: Leadership and Vision - CEO Sam Altman has prioritized enterprise sales, and the hiring of former Slack CEO Denise Dresser as chief revenue officer reflects this focus [3] - Dresser emphasizes that enterprises require a clear path and support for adopting AI technology, moving beyond isolated pilot projects [4][6] Group 3: Technology and Implementation - The Frontier platform features a "context layer" to connect disparate corporate data and applications, enabling the creation of AI agents that can share skills and memory across workflows [5] - OpenAI's approach aims to help companies maintain existing systems while fostering closer research collaboration, differentiating it from competitors like Anthropic and Google [8]
OpenAI partners with McKinsey, BCG, Accenture, and Capgemini to push its Frontier AI agent platform
Yahoo Finance· 2026-02-23 13:30
OpenAI is enlisting some of the world’s biggest consulting firms in its fight to dominate the enterprise AI market.Today the AI company announced partnerships with Boston Consulting Group, McKinsey & Co., Accenture, and Capgemini that will see the consulting firms helping sell and implement OpenAI’s new Frontier AI agent platform. The consultants will help their clients redesign workflows; integrate AI agents with software tools and systems; help clients with change management; and provide industry-specifi ...
rYojbaba Announces Participation in the Guardian Girls Aikido Project in Los Angeles, CA
Globenewswire· 2026-02-23 13:30
FUKUOKA, Japan, Feb. 23, 2026 (GLOBE NEWSWIRE) -- rYojbaba Co., Ltd. (Nasdaq: RYOJ) ("rYojbaba" or the "Company"), a Japanese consulting and health services company, collaborated with Guardian Girls USA and United Nations Population Fund (“UNFPA”) to launch the Guardian Girls Aikido (“GGA”) project at the Terasaki Budokan in downtown Los Angeles, California. The Guardian Girls Aikido project was originally launched in Bogotá, Colombia, in February 2024, in cooperation with the Embassy of Japan in Colombia. ...
Michael Lewis to Serve as President of Marsh & McLennan’s (MRSH) Marsh Risk Canada
Yahoo Finance· 2026-02-20 20:13
​Marsh & McLennan Companies, Inc. (NYSE:MRSH) is one of the Best Dip Stocks to Buy According to Hedge Funds. On February 13, Marsh & McLennan Companies, Inc. (NYSE:MRSH) announced that Michael Lewis will now serve as President, Marsh Risk Canada, starting April 1. ​Lewis currently serves as Chief Commercial Officer for Arsh Canada and Head of Specialty and Industry for Marsh Risk Canada. The report highlighted that Lewis will keep the CCO role while a replacement is named for the other. Under his new role ...
BTS Group AB (publ) Year end report January – December 2025
Globenewswire· 2026-02-20 07:00
Core Insights - The company anticipates that Q4 2025 will mark a turning point, ending the quarter-on-quarter decline in results and positioning for renewed momentum into 2026 [3] Financial Performance - For Q4 2025, net sales were MSEK 710, down from MSEK 796 in Q4 2024, reflecting a currency-adjusted growth of -1% with -5% being organic [5][6] - EBITA for Q4 2025 decreased by 37% to MSEK 86, resulting in an EBITA margin of 12.1%, down from 17.0% in Q4 2024 [5][6] - Profit after tax for Q4 2025 was MSEK 55, a decrease of 34% compared to MSEK 84 in Q4 2024 [6] - Earnings per share for Q4 2025 were SEK 2.84, down 34% from SEK 4.30 in Q4 2024 [6] Annual Overview - For the full year 2025, net sales totaled MSEK 2,703, a decline from MSEK 2,802 in 2024, with a currency-adjusted growth of 3% and -1% organic growth [5][6] - EBITA for 2025 decreased by 25% to MSEK 274, with an EBITA margin of 10.2%, down from 13.0% in 2024 [5][6] - Profit after tax for 2025 was MSEK 133, down from MSEK 387 in 2024, with a 31% decrease when excluding reversed provisions of earn-out [6] - Earnings per share for 2025 were SEK 6.89, a decrease of 31% from SEK 19.93 in 2024, excluding reversed provisions [6] Dividend Proposal - The Board proposes a dividend of SEK 4.40 per share, to be paid in two installments of SEK 2.20 each [4] Tax Legislation Impact - Changes in U.S. tax legislation during 2025 positively impacted BTS's North American operations, resulting in a decrease of approximately MSEK 14 in reported income tax for the year [6][7]
X @Decrypt
Decrypt· 2026-02-19 20:50
Consulting giant Accenture is monitoring senior staff logins to AI tools and tying career advancement to adoption rates—all while AI threatens to eliminate jobs. https://t.co/1LsYGKlQXB ...
Accenture tells senior staff to use AI tools or risk losing out on leadership promotions
CNBC· 2026-02-19 15:09
Core Viewpoint - Accenture has implemented a policy requiring senior staff to regularly use AI tools to be eligible for promotions to leadership roles [1][2]. Group 1: Policy Implementation - Senior staff, including associate directors and senior managers, must adopt AI tools regularly to progress in their careers [1]. - The policy was communicated through an internal email, confirming its necessity for leadership advancement [2]. Group 2: Company Strategy - Accenture aims to be the "reinvention partner of choice" for clients, emphasizing the importance of adopting the latest technologies to enhance client service [2]. - The spokesperson highlighted that the strategy focuses on being client-focused and AI-enabled, creating a great workplace environment [2]. Group 3: Scope of Policy - The policy does not apply to Accenture staff in 12 European countries or those working in divisions handling U.S. government contracts [3].
X @The Economist
The Economist· 2026-02-19 04:40
As companies shift their attention towards AI as a means of transforming their businesses, they are looking to McKinsey and its fellow consultancies for help. But they are also turning to less conventional partners https://t.co/lpBhCzSXHj ...
Michael Burry's Beatdown of Palantir is Just Getting Started
Yahoo Finance· 2026-02-18 20:16
Core Viewpoint - Michael Burry is shorting Palantir, believing it is overvalued and misclassified as a software company rather than a consulting firm, which he argues will lead to a collapse in its valuation [4][9][10] Company Analysis - Palantir has reportedly lost $4 billion over two decades due to low-value government contracts and high costs associated with manual data engineering [1] - The company's stock has decreased from an all-time high of $207.52, although it is estimated to be up about 35% based on the premium value of Burry's options [7] - Burry criticizes Palantir's business model, describing it as a "SaaS illusion" and arguing that it relies heavily on manual customization rather than innovative software solutions [8][9] Financial Metrics - Burry highlights Palantir's 69x price-to-sales ratio, contrasting it with the typical 2-3x multiples of consulting firms, suggesting that investors do not fully understand Palantir's operations [9] - The company claims a 127% Rule of 40 score, which Burry argues is misleading when adjusted for stock-based compensation (SBC), suggesting that true profitability is much lower at 30-40% [11] - In Q4, Palantir's SBC was $196 million, or 14% of revenue, down from an average of 34% between 2021 and 2023, but still represents a significant cost that could compress margins if paid in cash [12][13] Strategic Moves - Palantir's recent relocation to Florida is viewed by Burry as a move benefiting executives rather than the company's financial health, raising concerns about the motivations behind the decision [14]