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Deloitte kept its consultancy arm...

 
#1 Deloitte kept its consultancy arm...
06/08/2007 23:06

anon

Hi. I am an UG student and would appreciate help with the following:

I am aware that post - Anderson Deloitte kept its consultancy arm when the other big 4 firms sold them. What are the business implications for Deloitte by this move?

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#2 RE: Deloitte kept its consultancy arm...
07/08/2007 15:50

anon to anon (#1)

uuuhh, so so many implications!!

(NB: I humbly suggest you to revise your writing skills and make more specific questions in the future if you are seeking a reply to your questions - people here can be a bit prickly you know...)

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#3 RE: Deloitte kept its consultancy arm...
07/08/2007 16:45

anon to anon (#1)

We're not doing your homework for you.

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#4 RE: Deloitte kept its consultancy arm...
07/08/2007 22:34

anon to anon (#3)

I take the humble advice above. I do hope the people on here are not representative of all consultants. Why is it so many have a chip on their shoulder. I am trying to research careers and show initiative above that of my peers and all one comes across are bombastic responses.

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#5 RE: Deloitte kept its consultancy arm...
07/08/2007 22:41

anon to anon (#4)

Guys, this student is right. Giving every non-consultant a grilling every time they ask a sensible if not specific question is not a nice way to behave. He or She is only trying to research careers and is after all still a student.

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#6 RE: Deloitte kept its consultancy arm...
08/08/2007 08:52

Tony Restell (Top-Consultant.com) to anon (#1)

Top-Consultant's regular columnist Mick James wrote a piece a couple of years back that provides some insights on this topic:

<a href=http://www.consultant-news.com/article_display.aspx?p=adp&id=2368 target=_blank>Revealed: the true impact of the Big Four's withdrawal and subsequent re-entry into the consulting market</a>

If you use the search facility when you click through on the above page then you can search the Top-Consultant / Consultant-News archive for "Deloitte", "Ernst & Young", "KPMG" and "PricewaterhouseCoopers". Half an hour reviewing those news pieces should bring you pretty much up to speed on where they all stand in today's consulting market...

Hope that helps and good luck.

Tony Restell

Top-Consultant.com

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#7 RE: Deloitte kept its consultancy arm...
08/08/2007 09:00

Hope this helps to anon (#1)

Ok here's me beign really nice (against my battered bruised twisted personality that consulting has turned me into)

Implications of keeping its consulting are:

1.) Deloitte became the 2nd largest Professional advisory firm (PWC remain 1st) - good in terms of brand recognition

2.) Deloitte figured out quicker than others how to get around the Sarb-OX legislation that was meant to prevent auditors to a company also being their advisors. Though still there is very little cross organisation work - just in case...

3.) Deloitte shot up to top 5 was it in the Times Top 100 Graduate Employers as they received many more applications for consulting than say Business advisory in KPMG - therefore they managed to recruit some more (though i stress some) good people over the other accounting firms

4.) through the retention of some former Andersen partners, they maintained a strong client list especially in the TMT - Telecoms, Media and Technology area

Umm thats about it i think.... i think its good that you are looking to edge above competition by showing you know more - but to be honest - this is a bit of a dead issue these days.... KPMG and PWC did not "die""from spinning off consulting, they maintained a very strong advisory practice - just didnt call it consulting.

If you really wanna show a why deloitte is better than the others, (even though they are all one and the same) i would suggest focussing on some of their client projects feedback - think you can get this off the web, and their ability to use multi-disciplined teams on any one engagement - ie strat people alongside TI, ANd Human Capital people, without any air of "im better than you" childishness

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#8 RE: Deloitte kept its consultancy arm...
08/08/2007 09:58

anon to Hope this helps (#7)

Many thanks to the above two posts, much appreciated.

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#9 RE: Deloitte kept its consultancy arm...
08/08/2007 10:06

anon to anon (#8)

Any further comments would be great...

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#10 RE: Deloitte kept its consultancy arm...
08/08/2007 10:14

anon to anon (#9)

Do you know where I would find client project feedback. Ive tried searching to no success

Thanks

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