The midas Touche
While Deloitte maintains a presence in over 35 European
countries, there's no formal Europe-specific entity at the
firm. There is, however, a parent company, known as Deloitte
Touche Tohmatsu (DTT), which is a collection of more than 70 firms
with a global reach that encompasses nearly 150 countries and
150,000 employees, and offers services in four major areas:
consulting, audit, tax and financial advisory. Organized as a
Swiss verein, DTT's member firms each have access to one another's
areas of expertise (often working side by side on projects), while
maintaining separate identities and legal standing. Member
firms serve everyone from major global corporations to government
bodies, public institutions and local businesses.
Deloitte generates a little under a quarter of its annual revenue
from its consulting activities-not bad going for a firm that is
primarily known as one of the Big Four accounting firms.
Many functions, one identity
Deloitte Consulting's strategy and operations practice, with a
double-digit share of the global market, consistently ranks in the
top 5 firms in the industry. The practice works with senior
executives to help them solve their toughest and most complex
problems from strategy to execution. Deloitte Consulting focuses on
"executable strategy" services, which it defines as "insights that
help our clients produce tangible and measurable results." Services
offered support such activities as corporate strategy, marketing
and sales strategy, mergers and acquisitions, and innovation;
manufacturing operations including supply chain; sector-specific
service operations; infrastructure operations including outsourcing
advisory and shared services; and financial management.
The organization is also well known for its human capital
practice, the second-largest human capital practice in the world.
The practice specializes in integrating talent issues with business
strategy, with the aim of helping clients enhance their
performance, productivity and profitability. Key services in this
area include HR transformation, global mobility, organization
change and talent strategy, workforce and safety analytics,
employment services for multinational organizations, actuarial and
risk, and "total rewards," including benefits such as health care,
retirement and compensation.
The firm's technology practice is regarded as one of the most
developed tech consultancies in the world, delivering a holistic
portfolio of support to clients, ranging from advisory services
through to implementation and operations assistance. The practice
aims to help clients in their efforts to align technology with the
core of their business strategy to deliver measurable results. Key
services support such activities as technology strategy and
innovation, information management, business analytic architecture,
technology enabled business transformation, and technology
integration and optimization.