PwC was announced as a Leader in ‘Corporate Services Consulting 2019’ by ALM Intelligence, a company that assesses consulting firms in defined markets on the basis of their breadth and depth of service capabilities and ability to deploy those across highly-complex client requirements.
According to the report, “Demand for corporate services consulting is growing against the backdrop of an uncertain economic outlook and the continuing drumbeat of digital disruption. Executives who lead G&A functions are carefully watching economic indicators for signs that a recession might be on the horizon, considering how to prepare before they are backed into a corner and forced to cut costs without a strategic plan. They have come too far and learned only too well from past recessions that financial gains earned from making fast, easy cuts at the start of a downturn are not sustainable and can take years to recover from because of reduced service levels and lost institutional knowledge.”
Commenting on the leader status, ALM states that “With Digital Fit-For-Growth, PwC maintains its leadership position by helping clients transcend a support function mindset to focus on strategic priorities for improving cost structures across functional and organisational boundaries. The framework also provides a roadmap for integrating intelligent automation into roadmaps for designing and implementing end-to-end processes and digital operating models.”
Commenting on PwC’s approach, Liz DeVito, Associate Director, Management Consulting Research at ALM and author of the report said: “PwC’s approach to the competency is embodied in Digital Fit for Growth (DFFG), a framework and platform for improving business performance through a combination of cost optimisation, digital transformation, and profitable growth. An integral component of DFFG is reorganising for growth, which involves redesigning all aspects of corporate services operations – structure, process, tools, talent, technology, and culture – to more directly enable a level of business agility that stimulates and sustains growth through innovation.”
Rick Judy, US Management Consulting Leader, PwC said: “PwC is proud to receive this recognition by ALM Intelligence. Our Fit for Growth approach is a model for unlocking performance that helps companies manage their cost in a more strategic way, allowing them to cut costs and grow stronger at the same time. We help our clients get leaner, stronger and more ready for growth so that they can tackle the many challenges that businesses face.”
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