I’ve been at Nike for over a decade. SEC has been going on for most, if not all, the time I’ve been here. What is it? Does it have deliverables and deadlines?
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That figure stands at ~800 million. You are absolutley right abiut rest of it..
: @y8+1jshg4tqf You have no clue what you are talking about. Accenture has been paid $400m-$600m on this project . Their mediocrity and backward thinking isn't helping Nike. They undercut and backstab Nike employees that care about the brand and are doing a good job. They get their greedy hands into some exec that is clueless and then get FTE replaced. The only thing you are right about is the Nike execs that believe they are doing a good job are partially at fault.
Hilarious that people blame accenture for this. I was there when they started this project and build the initial business case. First it went to EY who failed then on to Accenture.
In general, Nike turns over execs every 18 or so months. So no continuity. Also no reason to hold anyone accountable at Nike because they will be gone anyways. What are you going to do - find them at their new employer and scold them?
Finance is horrendously managed. They keep selling this as a "foundation" but it is a foundation to nothing. They stripped all the functionality out of SAP. Ever wonder why they have so many other systems? Like Anaplan? or Adobe? Or anything else? Because they are trying to strip out all the functionality to go vanilla on SAP.
In the end, SAP is just a bad accounting system. Another bonus - no one knows about individual product costs. Like what do they make per pair of shoes?
Isn’t it something to do with supply chain excellence and a never ending SAP implementation? Or some sort of ERP?
Worked with Accenture for ages and booted them years ago from more than one company. They are trash. Know-nothings that justify their free-loading, as free-loaders are want to do.
SEC = Svck Executive C0ck
Accenture won’t walk away. I guarantee that (behind closed doors like always), they make up stories about their amazing transformation efforts and are selling in supporting it forever….just like all of their work they’ve done to drag out the program and make more money.
Should be Shiny Expensive Computer something … yet another slapping in new stuff while delivering zero business value, no improvement in functionality, not fixing any of the broken stuff and bad processes, adding to the pile of tech debt, and funding support teams that can’t fix anything and dumping $$$ by the truckload to Accenture - who as soon as a region goes live walks away and leaves a mess for everyone else to clean up. Add to that the misnomer of being ‘agile’ which really means nothing is documented or thoroughly designed, and is a mess of epic proportions. Try getting something fixed now - ain’t happening … but that’s the same as it’s always been.
More than anything else it is accounting fraud.
It’s finance supply chain transformation that started in 2015.
Just a way to pay Accenture more money
Once again- no one can explain. Give me a few sentences about what it’s supposed to be. I’m in the same boat as OP.
ITS PURE INSANITY! HOW DOES ANY PROGRAM TAKE OVER 10 YEARS?!?! HOW MUCH HAS BEEN SPENT ON THIS PROGRAM AND WHAT HAS BEEN THE INCREMENTAL VALUE? NEED ANSWERS...
Ah, you’re talking about Strategic Extraction Consultants— SEC. No one really knows what they do, but they’ve been “transforming” things for years.
Deliverables? PowerPoints.
Deadlines? Elastic.
Impact? Still loading…
Think of it as a really expensive way to rename things and delay decisions while keeping consultants in business.
The type of person to work at Nike for 10 years and never ask to have it explained, or to research it their self, is exactly the type of person that wouldn’t be able to understand the complexity and importance of a initiative. Don’t bother yourself, just keep sh-posting on the layoff and collect your paycheck.