What has been the impact of your solution to date?
We are still in start up mode however we have already began to develop the concept with one of Accentures key global clients (a global retail bank.) We have defined the principles of how this could work, we have engaged with their citizenship team and they are really excited about the idea and we are hoping to start a pilot with them before the end of January.
What is your projected impact over the next 1 to 3 years?
The one client we are planning to start the pilot with has the potential to deliver over £1m into the fund in the first year. With Accenture’s global reach and brand in the market place we could quickly scale this up to over 100 companies within 3 years which could deliver over £100m into the fund.
What barriers might hinder the success of your project? How do you plan to overcome them?
Existing contracts and existing relationships with IT suppliers and service companies and disposal companies that our clients will have an agenda not to interfere with to support the scheme. We will engage with our clients at a higher level than procurement teams and show through success of pilot projects how this idea can work and make a real difference, it will take time to get embedded.
Internal barriers – risks associated with each part of the process, sourcing, disposal of old technology. Making sure we can run scheme without adversely affecting our clients will require a fair amount of rigor. We need to avoid worse PR if something went wrong. This needs to be a gold plated solution for our clients, it needs to be delivered without compromise and must be commercially viable.