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Profitability +8%Profit £36 millionCost savings £750,000
CIMA value: Capgemini Consulting UK
Clive Hart ACMACFO Capgemini Consulting UK
T. +44 (0)20 8849 2251 E. [email protected] www.cimaglobal.com
Profitability improved by £36m in a four year period
Management accountancy is about being able to interpret information to enable you to identify the key drivers influencing the business. You should then be able to translate and communicate their impact to empower key decision makers.
Clive Hart joined Capgemini in 2001 and took on the
position of Capgemini Consulting UK’s financial controller
in 2007 working closely with CEO Tom Blacksell. Together
they set up a new method of working that didn’t just look
at the numbers, but allowed them to act on them and
develop strategy accordingly.
Between 2006 and 2009 Capgemini Consulting UK bucked
the recessionary trend - upping its profitability by 8% by
the end of that period and, in doing so, adding some £36
million to the bottom line.
Clive feels that his CIMA training has made a real
difference in this area. ‘I needed to interpret the
information available quickly to identify what needed to
be done. CIMA gives you that confidence to react quickly,
so the training made a real difference.’ With the systems
set up, Clive was able to improve the profitability of the
company by analysing the activities of the organisation
and highlighting to the CEO where further analysis and
action was necessary.
The key was being able to provide targeted, real-time
information per individual and business unit as opposed
to blanket reports which did not get to the heart of the
issue. This enabled clear accountability on sales, cash
management and revenue which considerably enhanced
the decision making process. This made a big impact on
the bottom line.
Clive explains, ‘When comparing results over the last 4
years there has been an 8% improvement in profitability.
The business is now so dynamic that we are able to react
very quickly and better protect the bottom line against
unforeseen circumstances.’
‘Management accountancy is about being able to
interpret information to enable you to identify the key
drivers influencing the business. You should then be able
to translate and communicate their impact to empower
key decision makers.’
CIMA where business + finance meet