“Digital transformation requires change, not only on hardware but also in mindsets. Consequently, we see an increasing demand for agile transformation and training centered on human interaction. Using AI and cloud technology, fable+ pioneered an analytics-driven approach to better understand workplace culture and team performance. This acquisition enables us to scale and grow innovative services that help clients create effective working environments to address their individual challenges,” said Frank Riemensperger, market unit lead for Accenture in Germany, Austria, Switzerland and Russia.
As announced, fable+ has a methodology of measuring team’s psychological safety level – which indicates how secure members feel to speak up, contribute their expertise and share ideas. The company does this by leveraging its cloud-based app that measures psychological safety and team performance as well as quantifying key culture factors that drive performance across different levels of an organization.
“Joining Accenture enables us to scale our unique, proven 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,” said Ilhan Scheer, founder and CEO of fable+.
“What the past year taught us is that sudden disruption must be met with an equally rapid response in the workplace by leaders seeking to create cultures grounded in trust and focused on supporting people across many dimensions of well-being. fable+’s methodologies will enable our clients to shape their workplace culture and support the growth of agile and resilient teams that are central to sustainable businesses growth,” said Christie Smith, global lead of Accenture’s Talent & Organization / Human Potential.
According to Accenture, fable+’s team of 50 professionals have already joined Accenture’s Talent & Organization / Human Potential team. Furthermore, the terms of the transaction were not disclosed.