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Presentation on ernest and young


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  • 1. Presentation on Ernst and youngPresented ByPuja AgrawalMBA, RITM
  • 2. IntroductionServicesCarriersCompany CultureActivitiesErnst & Young Global StructureSWOT AnalysisConclusions
  • 3. Introduction• Type Limited liability partnership• Founded 1989• Headquarters London, UK• Area served Worldwide• Key people Jim Turley (Chairman & CEO)• Services Financial advisory, tax, audit• Revenue US$ 24.4 billion (2012)• Employees 152,000 (2012)• Website
  • 4. Introduction• Ernst & Young is a global organization ofmember firms in more than 140 countries• It seeks to provide financial and managementsupport to community projects to benefit theunderprivileged• It was ranked by Forbes magazine as theeighth-largest private company in the UnitedStates in 2011.
  • 5. Continue..• One of the "Big Four" accounting firms• The motto of the firm is "Quality InEverything We Do"
  • 6. Company Culture• Ernst & Young prides itself in having aglobally diverse and inclusive corporateculture based on experience, skills andleadership among employees• Ernst & Young defines its culture in threeareas: Inclusiveness, Development andEngagement• The company strives in building relationshipsbetween its employees and its clients
  • 7. ServicesAssurance Services (46%)Tax Services (26%):Advisory Services (19%):Transaction Advisory Services (TAS) (9%):
  • 8. CarriersOpportunities thatstay with you for lifeStudents Experienced Executive Jobsearch
  • 9. Global StructureEY is the most globally managed of the Big Fourfirms.EY Global sets global standards and overseesglobal policy and consistency of service, withclient work being performed by its member firmsThe four areas are:• EMEIA: Europe, Middle East, India and Africa• Americas• Asia-Pacific• Japan
  • 10. SWOT ANALYSISStrength It was ranked by Forbes magazine as the 8th largestprivate company in the United States They have an extensive global reach covering over 140countriesThey were ranked No. 1 in the Forbes The BestAccounting Firms to Work Workforce consists of the best talent pool from acrossthe world Over 150,000 employees form a formidable workforce
  • 11. Swot AnalysisWeakness Strong competition from other major players meansgrowth is slow Companies setting up their own research centersaffecting businessOpportunities They have immense opportunity in emergingeconomiesThe more they spend on infrastructure the more clientsthey will get Companies continuously looking for consultingsolutions
  • 12. Swot AnalysisThreats They have allegedly had many lawsuits filedagainst them e.g. they were involved in LehmanBrothers, they were also sued by Akai Holdingsetc. The global recession could affect its consultingbusiness Fluctuating global currencies affects operations
  • 13. Activities
  • 14. Conclusion• Ernst & Young is the result of a series ofmergers of ancestor organizations• Building a new talent management model• They make a difference by helping theirpeople, clients and wider communities toachieve their potential.