Deconstructing Deloitte: About The Company
Deconstructing Deloitte: About The Company
M Our mission is to help our • Deloitte acquired media audit firm Spatial Access. The deal
I clients and our people excel. is in the range of 10-20 crores.
We are one of the world’s
S leading business advisory
S organizations. Our size,
I PRODUCTS/SERVICE PORTFOLIO
strength and resources will Business strategies used to stay ahead
O help us carryout our mission
N now and in the future.
• Planning forward guided by the resilient leadership
P framework- ‘Respond, Recover and Thrive’.
In a word, our purpose is to • ‘Cloud-First’ technology strategy for transition to ‘Virtual
U matter. To our clients, our Auditing’.
R people, our communities, • Mobilizing our Distressed Market Offering enabling clients
P and through them to the recover from pandemic and beyond.
O world at large. • Doubling our investments in innovation across all verticals.
S • Investing in smarter audit technology.
E
Numerical
Figures
Business
Recent strategies usedand
Developments to stay ahead
News
Organizational Life Cycle
• Deloitte is the largest professional services network in the world by revenue and Deloitte acquires marketing advisory and analytics firm Spatial
number of professionals. Access
• Deloitte celebrated its 175th anniversary on April 23rd, 2020. Deloitte Sets New Record in Achieving Snowflake’s Elite
• As a global leader in audit, tax, consulting, enterprise risk and financial advisory Services Partner Status
services, the organization has its presence in more than 100 locations Deloitte to stop offering non-audit services to their audit clients
• It strongly restricts itself from being an audit only firm because, it wants to
diversify itself in every possible field with access to technology, making continuous
innovation as the key
• It follows Multi Disciplinary Model (MDM), which provides access to wide variety
of skills and domain experts. This model provides wide carrier options and
New Technologies
increases audit quality • AWS- Deloitte is utilizing AWS to help its clients and provide
• Deloitte focuses on advertising to reiterate its strong brand presence in the powerful insights
consulting domain • AI- Deloitte utilizes an AI enabled document verification
system for reviewing and extracting data from contracts
• BLOCK CHAIN- Deloitte launched “Blockchain in a Box”,
Deloitte Societal Impact Commitment which is a mobile, self-contained technology platform
capable of hosting blockchain-based solutions
• Deloitte donated to the WHO’s COVID-19 Solidarity Response Fund, which is • RPA- Deloitte is making use of RPA to help its auditors and
working to understand the virus, recommend care, and accelerate treatment. clients with their financial statements.
• Deloitte people also provided nearly 60,000 pro bono hours of their skills and • CLOUD- Deloitte launched a cloud-based platform called
expertise to communities in need. ‘Deloitte Private connect’, aimed at individual franchisee in a
• Provided 250,000 meals in India to those experiencing food scarcity shopping mall or a small start-up
• Provided nearly $20M in direct monetary donations, medical donations, medical • AUGMENTED REALITY-Deloitte in collaboration with USGA
equipment and pro bono project work for COVID-19 relief. Developed an Augmented Reality App for the 2019 U.S.
• Commitments to achieve net-zero emissions by 2030. Open Championship