Accenture Buys Data-Driven Business Change Firm fable+

Global consulting group Accenture has acquired German consulting firm fable+, which specializes in analytics-driven company transformation. Terms of the deal were not disclosed.

Mannheim and Berlin-based fable+ offers a proprietary tool to understand and analyze the factors driving a team's culture. Its app measures team performance as well as 'psychological safety', which the firm says defines how secure a team's members feel to speak up, contribute their expertise and share ideas.

As part of the deal, fable+'s team of 50 professionals have joined Accenture's Talent & Organization / Human Potential team. Accenture says fable+'s AI and cloud technology have 'pioneered' an analytics-driven approach to better understand workplace culture and team performance.

Ilhan Scheer (pictured), founder and CEO of fable+, adds: 'Joining Accenture enables us to scale our approach to agile transformation, rooted in psychology, culture analytics and gamification, to a global client base. Empowering our clients to master complex, fast-changing challenges with agile and resilient cultures has been the core of our DNA since day one. We're excited to take the next step in our journey with Accenture to become the leader in psychological safety and create workforces for the future'.

Web sites: www.accenture.com and www.fableplus.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.