preview

Ernst and Young

Best Essays
I. Introduction

A. About the company:

Ernst & Young is a global leader in assurance, tax, transactions and advisory services. The company is based in London, UK, with 709 offices in 140 countries, over 70 of which are in the United States. It employs 152,000 people worldwide. Global revenue in 2011 was $22.9 billion. Ernst & Young was founded in 1989 when Ernst & Whinney and Arthur Young & Co. merged. The company's roots go back to 1849. To ensure they are efficient and effective, they have organized their legal entities into 29 similarly sized business units, called Regions, in terms of both people and revenues. These Regions, almost all of which are purposely no single countries, are grouped into four geographic Areas:
•Americas
•Asia-Pacific
•Europe, Middle East, India and Africa
•Japan
This structure is streamlined – it allows them to make decisions quickly, and ensures that they execute their strategy and provide exceptional client service wherever in the world their clients do business. The Global Executive is their highest management body and focuses on strategy, execution and operations. Its membership brings together all the elements of their global organization, including the leaders of their geographic Areas and service lines.

B. Operation – Execution of Strategies:
Ernst and Young as a company is dedicated in carrying out its piece of work to build a better working society. They believe that there are a lot of good things that happens in a better working world such as the confidence between the businesses grows which leads to more money flow thus increasing the responsibility of investors to be aware of information before making decisions. As a result of investments made by investors the companies are better su...

... middle of paper ...

...Start-Up Organization. Business Fundamentals. Retrieved December 8, 2013, from http://cnx.org/content/m35512/latest/?collection=col11227/latest
Stories About Building A Better World. (n.d.). Stories About Building A Better World. Retrieved December 8, 2013, from http://betterworkingworldstories.ey.com/#/14
The role of the board: unlocking the potential. (n.d.). (DRAFT). Retrieved December 8, 2013, from http://www.ey.com/US/en/Services/Strategic-Growth-Markets/Strategic-Growth-Forum-Agenda-EVTD-USDD-97KR7Z?CMPNID=SGF2013_US_Insights_Audit_Committee_Track1_Board_Recap
Why capital matters - Five ways to build competitive advantage - EY - Global. (n.d.). Why capital matters - Five ways to build competitive advantage - EY - Global. Retrieved December 8, 2013, from http://www.ey.com/GL/en/Services/Transactions/Why-capital-matters---Five-ways-to-build-competitive-advantage
Get Access