This report by Accenture explores how functional silos can make organisations slow, bureaucratic and complex. They may have been a necessary feature of companies operating at scale in the pre-digital age but now competition hinges on responding with extreme speed.
Key points include:
•Only 25 percent believe their company’s operating model has evolved quickly enough to align with their strategy.
•Up to 80 percent of all finance work can be automated. Most companies need to go further, freeing high-value, strategic knowhow trapped within functional silos.
•Successful disruptors are not encumbered with organisational silos.
Managing Director - Accenture Strategy