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Stephen Foley

πŸ‘€ Speaker
34 total appearances

Appearances Over Time

Podcast Appearances

FT News Briefing
PwC plans overhaul of consulting business

So there are lots of organizations who are reorganizing right now in order to better deliver AI.

FT News Briefing
PwC plans overhaul of consulting business

And the hope that PwC has here is that some of their AI products that have been developed in the U.S.

FT News Briefing
PwC plans overhaul of consulting business

and other places can be rolled out globally much more seamlessly under this new structure.

FT News Briefing
PwC plans overhaul of consulting business

Yeah, Mohamed Kande has to.

FT News Briefing
PwC plans overhaul of consulting business

I mean, frankly, he's got a job as hard as running the United Nations.

FT News Briefing
PwC plans overhaul of consulting business

He's got to get every country member on board, try and cajole some of the reluctant countries into giving up what perhaps is a little bit of control of their own operations.

FT News Briefing
PwC plans overhaul of consulting business

It's not an easy process.

FT News Briefing
PwC plans overhaul of consulting business

And I'm sure he'd be looking across at a company like Accenture, for example, who has a traditional corporate structure and wishing that he could just wave his magic wand and impose a new structure like the CEOs of those rival companies.

FT News Briefing
PwC plans overhaul of consulting business

Well, the hope is that it's going to be better for clients.

FT News Briefing
PwC plans overhaul of consulting business

The PWC UK member firm on Tuesday, for example, announced that it was merging parts of its own consulting operation together so that when a client comes to them with a cybersecurity issue, for example, it can bring in strategists, it can bring in the expertise, and it can implement new solutions across a company.

FT News Briefing
PwC plans overhaul of consulting business

So the hope is that clients themselves are going to get a better service out of this.

FT News Briefing
PwC plans overhaul of consulting business

But of course, we're seeing stepped up competition across the landscape.

FT News Briefing
PwC plans overhaul of consulting business

So in five years, I think we'll see a very different kind of consulting landscape.

FT News Briefing
PwC plans overhaul of consulting business

Thanks so much.

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