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 Ey.com
4. Introduction
• Ernst & Young is a global organization of
member firms in more than 140 countries
• It seeks to provide financial and management
support to community projects to benefit the
underprivileged
• It was ranked by Forbes magazine as the
eighth-largest private company in the United
States in 2011.
5. Continue..
• One of the "Big Four" accounting firms
• The motto of the firm is "Quality In
Everything We Do"
6. Company Culture
• Ernst & Young prides itself in having a
globally diverse and inclusive corporate
culture based on experience, skills and
leadership among employees
• Ernst & Young defines its culture in three
areas: Inclusiveness, Development and
Engagement
• The company strives in building relationships
between its employees and its clients
9. Global Structure
EY is the most globally managed of the Big Four
firms.
EY Global sets global standards and oversees
global policy and consistency of service, with
client work being performed by its member firms
The four areas are:
• EMEIA: Europe, Middle East, India and Africa
• Americas
• Asia-Pacific
• Japan
10. SWOT ANALYSIS
Strength
It was ranked by Forbes magazine as the 8th largest
private company in the United States
They have an extensive global reach covering over 140
countries
They were ranked No. 1 in the Forbes The Best
Accounting Firms to Work
Workforce consists of the best talent pool from across
the world
Over 150,000 employees form a formidable workforce
11. Swot Analysis
Weakness
Strong competition from other major players means
growth is slow
Companies setting up their own research centers
affecting business
Opportunities
They have immense opportunity in emerging
economies
The more they spend on infrastructure the more clients
they will get
Companies continuously looking for consulting
solutions
12. Swot Analysis
Threats
They have allegedly had many lawsuits filed
against them e.g. they were involved in Lehman
Brothers, they were also sued by Akai Holdings
etc.
The global recession could affect its consulting
business
Fluctuating global currencies affects operations
14. Conclusion
• Ernst & Young is the result of a series of
mergers of ancestor organizations
• Building a new talent management model
• They make a difference by helping their
people, clients and wider communities to
achieve their potential.