...practice The firm was formed in 1998 by a merger between Coopers & Lybrand and Price Waterhouse.[1] The trading name was shortened to PwC in September 2010 as part of a rebranding.[6] As of 2012 PwC United States is the fifth-largest privately owned organization in the United States.[7] PricewaterhouseCoopers' operations are Global, but with Europe accounting for 42% of the total.[30] PwC audits 33% of companies in the FT Global 500 and 29% of the companies in the Fortune Global 500.[30] PricewaterhouseCoopers is organised into the following three main service lines:[31] • Assurance Services • Tax Advisory, (international tax planning and compliance with local tax laws, customs, human resource consulting, legal services and transfer pricing) • Advisory – mainly consulting activities which covers Strategy, Performance Improvement, Transactions Services, Business Recovery Services, Corporate Finance, Business Valuation, Sustainability and Crisis Management in a range of specialist areas such as accountancy and actuarial advisory. • Academy - providing a wide range of financial, and business skills training to individuals and the organisations they work for. PwC's Academy trains and supports students who are taking professional qualifications in accountancy and...
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...Staff KPMG Cambodia Limited celebrated its 20th anniversary last year, but for one of the world’s leading professional services firm, even two decades can seem like just the beginning of the long journey ahead. The firm, which is one of the largest professional organisations in Cambodia, demonstrated its drive to adapt to changing business needs in the Kingdom when it acquired Phnom Penh-based Premier Consulting (Cambodia) Limited at the beginning of this year. The acquisition not only added to KPMG’s local growth and strength, but also enhanced the company’s ability to provide the best services possible to an ever-growing list of clients. The addition of Premier Consulting’s expertise to KPMG’s established business portfolio brings a new dimension to the firm expanding its traditional Audit, Tax and Advisory services in to additional consulting, payroll, compliance and other essential business services. “We constantly strive to undertake strategies to develop new services and capabilities, recruit new experts and assist clients with market-leading ideas and technology,” said KPMG Senior Partner Michael Gordon. “It all boils down to turning knowledge into value to benefit our clients as they look to not only undertake their day to day business activities, but also to transform their business models and operations.” The acquisition also comes at a time when more and more clients are turning towards KPMG to help shape their plan for change and to deliver innovative...
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...Business Consulting The word “consulting” can have many definitions for people. A friend advising a friend on a personal issue as well as a professional advising a company on their next move in order for the business to grow. Consulting is used in many scenarios within the work place. In the next couple of paragraphs we will be looking into consulting through the business aspects as well as what a business consultants consist of and their duties. When thinking of a business consultant what comes to mind is someone giving advice to a company, having an outsider look into the business and give their opinion and suggestions on what to change to improve the business starting with their employees to their clients, as well as advertising and product design. This can include training, skills developing, software upgrade, even the way they interview for job openings. According to Peter Block (1999), a consultant is a person that has influence on an individual, group, or company but has no authority to make changes only make suggestions even if the company does not take them. A good skill to have as a consultant is being capable of standing their ground when it comes to management as well as keeping their emotions under control. The reason for this is that in order for a company to have full trust on a consultant one has to show that they believe and standing up for what is best for the business and even thought the company might not go with the consultants plan...
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...Summary - If you Build it, will they come?? Innovation and new Ideas are valuable and change the prospective of any Industry however before jumping to conclusion it is important to know the market and analyze if there is market and if the space if profitable enough. As explained in book, most of the startups fails because they do not test market early on and concentrate on product and idea than the feasibility of it. To succeed the same, the author defines a process “Ready, Aim and Fire”. I will an example of consulting company who works with two financial angles first is to work with entrepreneurs and incubator companies with a percentage of share and second to work with middle sized companies with direct money transactions. READY First is to understand the market on multiple fronts including size, growth rate, emerging trends, competitors and expert viewpoints. All these factor are essential in understanding the concept and underlying idea. As stated by Steven Johnson in “Where good idea come from”, “The trick to having good ideas is not to sit around in glorious isolation and try to think big thoughts. The trick is to get more parts on the table.” To bring new part you don’t only need to understand what is already on the table and what competitors are doing to bring something new. Example: The more players an industry has more consumer friendly it becomes. It not only give power to customers but it forces organizations to distinguish themselves. To improve the customer...
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...M3 Consulting was tasked to assist the Leadership Team (LT) of the Permanent Care division within Commonwealth Health Inc. for whom this consulting report has been prepared, to find creative solutions for staffing concerns. M3 Consulting along with the LT conducted a creativity and innovation session in September 2017 to assess the overall staffing challenges with regard to engagement and low staffing levels. The creative thinking technique Think Bubbles or Mind Mapping was utilized in the creativity session. Michalko (2006) explains that, Mind Mapping is “a graphic technique for organizing thoughts, that allow you to record, store, and manipulate information about a challenge in a variety of ways,” (p. 66). This report is a compiling of the results and recommendations of the consultant which were presented for discussion during the debriefing....
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...Business Consulting Kevin Jackson University of Phoenix MGT/527 August 13, 2012 Sandy Yeh Abstract Business consulting has a long history in America. In 1890, Fredrick Winslow Taylor was the first business consultant, which he called it scientific management and many of the practices are still relevant in modern organizations (Public Broadcasting Station, n.d.). Organization uses internal and external consultants; however, organizations use external consultants more than internal consultants. External and internal consultants use the same functions and roles to solve a problem an organization has. This is a review of those functions and responsibilities of business consultants. The author believes internal consultants are more equipped to solve problems and improve organizational functions because he or she understands the organizational structure and culture. Business Consultant A person who is a business consultant provides advice and solutions to other business this includes small businesses to Fortune 500 organizations. Business consulting has numerous types of sub-categories, which includes marketing consultants, sales consultant, and human resources consultant. Although there are numerous types of business consultants, organizations do not require business consultants services enough to hire a full-time member (Consultant Journal, 2012). However, some businesses do have internal consultants, but these consultants are part of...
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...some of the choices depend on what your business plan details and also with the decision that you choose to make. In the process of deciding a strategy make sure that you have different resources that you are able to go by and also be able to talk to a lawyer. Thomas Edison created the first innovation factory which is an intellectual property consulting company based in Boston. One of the legal business issues raised in this article is being able to secure intellectual property rights. The fact that someone else can steal your idea and make your product theirs unknowingly using the same things that you used should be illegal. I suppose they figure that it takes more time and money spent than given when your company isn’t that big. I think that this is unfair and that in a way a person’s rights are being violated because no one should be able to copy or steal another person’s idea. I think that in this particular case that the legal issue affects business in a number of ways, one reason is because it would make me feel unsafe. People are already taking material things from each other, so the thought that a person would actually steal your idea is in a way intimidating for me. Honestly, I don’t think that this problem could have been avoided because we...
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...An important part of preparing for summer placements is being able to answer personal questions about yourself and your beliefs. In fact, this could be said to be the most critical part of your preparations, as all interviews, be it in Finance, Consulting, Marketing or any other field, always begin with a round of ‘fit’ questions. Such ‘fit’ questions can be used by you, if well prepared, to draw the interview into areas of your strengths, shaping your answers such as to showcase your best achievements. A well thought out ‘story’ gives you the confidence to answer these questions, and set a great platform for you to then show off your capabilities for the internship on offer. Some important Do’s and Don’ts that should be followed are: * Always have a ‘story’ in mind. Especially when answering general questions like “introduce yourself” or “walk me through your resume”. By ‘story’ here we mean that your points should be interlinked in some way, either progressively leading to something or highlighting different scenarios where you showcased a particular set of traits. * It helps to know what the required traits are in the roles that you are being offered, and then show off instances in the past where those traits have emerged. * When talking about goals and future plans, always make sure you sound plausible. Also, your destination (say where you see yourself in five years) should be backed up by a) skills/traits that you already have b) Skills that you will acquire...
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...Whither an MBA at Strutledge Strutledge University is a small private college located on the outskirts of a large urban city. There is a need to draw more students there and the idea of bringing an MBA program is in question. There are concerns that come along with idea of having a MBA program such as: the school not being able to compete with its competitors, the decreasing value of an MBA and the students being receptive to the idea. The MBA program contains many fields and can be of a great advantage to the University. The Board of Regents must take action to see if the MBA program would be a great fit at Strutledge University. The Board of Regents need to analyze what is being proposed and think about how this new program can be beneficial for the University. The program should be in compliance and aligned with the University’s mission statement. It’s important to make sure that the MBA program goes hand and hand with the mission statement and offers the same quality of work that the other programs offer. The Board of Regents should weigh the pros and cons that come along with starting an MBA program. In order to do this, the Board of Regents will have to gather more information about the MBA program because the little knowledge that they have on the program is not sufficient enough for them to make a decision. The Board needs to see if there is really a need for an MBA program at the school and if the students can benefit from it. As stated before, the MBA program...
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...Business Consulting Paper MGT/527 Consulting June 23, 20014 Dr. Harvey McDonnell Business Consulting Paper Abstract Business consulting has a lengthy history in America. In 1890, Fredrick Winslow Taylor was the first business consulting, which he called it scientific management and many of the practices today are still pertinent in modern organization (Public Broadcasting Station, n.d.). Organization uses external and internal consultants; however, most organization use external consultants more than internal consultants. External and internal consultants use the same functions and roles to solve a problem that an organization has. This is an evaluation of those functions and responsibilities of business consultants. Vision and Explanation of a Business Consultant It is crucial for a company to have a vision and mission. The vision describes where the company is heading and the fulfillment of its goals. Whereas in mission, it explains the primary purpose of the company and provides the purpose of its existence. Mission defines and communicates to the stakeholders why the company is headed to that direction and its purpose. Having a good business consultant will prevent the company in experiencing downfall, loss of income, lack of trust from stakeholders, and business failure. Business consultant helps in defining the company's mission, goals, and objectives. Consultant must know the vision and mission of the company and has the knowledge and experience on how...
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... | | | | |5 | |Pass 4/Merit 3 | | | | |6 | |Pass 5/Distinction 1 | | | | |7 | How this unit works: You will be working in a small team (chosen by your tutor) throughout the unit. You will come up with a business idea together. Each team will occasionally be partnered with another group who will be known as your ‘critical friend team’. You will exchange ideas and feedback with them. • Your group will pitch the business idea to a panel who will decide whether to accept your idea, and who will also give you some advice and guidance • You will produce a report on your target market • You will be interviewed to find out what skills you have that can help the business and how you can improve • You will write about the legal and financial aspects that will affect your business • Throughout the year you will work, in your team and individually, to produce a written business plan (a proforma will be provided) • You will attempt to run your business (or a...
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...Harvard Business Review The Harvard Business Review has one goal: to be the source of the best new ideas for people creating, leading, and transforming business. Since its founding in 1922, HBR has had a proud tradition as the world's preeminent management magazine, publishing cutting-edge, authoritative thinking on the key issues facing executives. HBR's articles cover a wide range of topics that are relevant to different industries, management functions, and geographic locations. They focus on such areas as leadership, organizational change, negotiation, strategy, operations, marketing, finance, and managing people. While the topics may vary, all HBR articles share certain characteristics. They are written for senior managers by experts whose authority comes from careful analysis, study, and experience. The ideas presented in these articles can be translated into action and have been tested in the real world of business. Proposals for articles demonstrating fresh thinking that advances previous knowledgewhose practical application has been thought through in clear, jargon-free languageare those most likely to meet our readers' needs. When evaluating an idea, our editors often look for two things firstwhat they call the aha!How compelling is the insight?and the so what?How much does this idea benefit managers in practice? The best way to inquire about HBR's potential interest in a topic is to prepare a proposal. It can be submitted by mail or electronically and should answer...
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...technically have different sense. Fist of all, creativity in term of business is described, as “Mental characteristic that allows a person to think outside of the box, which results in innovative or different approaches to particular task” (BusinessDictionary.com, n.d.). Therefore, creativity is a result processing of knowledge including curious, experience, imagination, and evaluation. Base on the theory of Burrus (2013), “the creativity is divided into three steps: Discovery: the lower level of creativity is discovery, Invention: a higher level of creativity is invention, and Creation: creation is the highest level of creativity. Thereby, the creativity is the first step draw creating new and innovative product and services from imagination by idea. The second step is invention. This progress is drawing pattern and method of innovation to the product and service. Final...
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...overbearing emails, even if it meant I would have to give up a small percentage of commission that I would earn from making the sales. I would also explain to my boss at the IT consulting job of what is going on rather than he/she find out another way in which there would be harsher consequences. Also I would try and brainstorm some alternatives with possible letting one of the jobs go in order to maintain the one I needed the most in which this case could try and cliental to compensate for losing the income from the real estate job position. 3 .In this case I would first confront my friend about the certifications he has listed on his resume. I would also ask when and where he earned the certifications from because it will come up again during the interview process. I would explain to him that putting false information on a resume, especially in the IT field, could put him in a very uncomfortable position in which his knowledge and skills that he claimed to have, would be tested on a daily basis. I would tell him that instead of claiming that he has earned the certifications he could actually take some classes and take the real exam, especially since he is out of work. Also that he would probably be questioned about his other accomplishments that he exaggerated on his resume so it might be a good idea to edit them before I gave it to the “right person.” Although he may not have all the right certifications for the job I do believe his experience with the firm he previously worked...
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...Business Consulting Paper Kim Spann MGT/527 January 9, 2013 Linda Kulka Business Consulting Paper Business consulting is needed in businesses in the world today. Regardless of what type of business a person has or works for, consulting is needed to see what issues a business has whether good or bad. A business consultant can make a business become better in different aspects. A business consultant does not necessary have to know about the business he or she is consulting, but he or she do need to know what type of business is being consulted. A business consulting discovers the problems in the business and then creates a solution to the problem by making things better in the workplace. According to Bryan (2013), business consultants are the connecting link between discovering problems and creating solutions. They can come as one person, or they could come as a team. No matter what form of business consultant you use, they will have one goal and that will be to meet the goals of the company they are assisting. A business consultant will not put down a business, but will let the owners know what needs to be done to have the business run smoothly or without flaws. According to Pryles (2013), a consultant is an expert at recognizing problems and shaping solutions to those problems. A business consultant has different roles in consulting a business. A person may just believe a business consultant only comes into a business to criticize a business, but most...
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