Deloitte & Touche steps up practice alignment
Deloitte & Touche Consulting Group is pressing ahead with the alignment of its worldwide consultancy practices.
“We now have management integration: common management for each country,” said John Everett, UK managing partner for Deloitte & Touche Consulting Group. “We have a senior partner responsible for marketing in utilities, financial services, and retail for all countries worldwide.”
The firm can now allocate resources globally without formal requests and financial adjustments.
“We have brought some very senior partners over from the US, bringing in service lines we did not have in the UK. We can move our resources very easily now; before we were constricted by the number of people on projects,” said Everett.
He added that the global structure will also increase the firm’s financial muscle.
“We also have a big profit pool, and having a profit pool means there are extra resources and a lot of leverage,” he said.
On 1 June 1997, the firm will align its fiscal year in the UK, South Africa and Australia with that of its North American office.
Everett added: “We still have work to do in Japan, China, India and South East Asia. We’ve still got a long way to go.”
UK management consultancy revenue increased to #112.5m in 1996, from #98m in 1995. Worldwide revenue for 1995/1996 was $1.55bn.
Deloitte & Touche’s overall fee income in the UK grew by 8.5 per cent to #400.8m at the end of September 1996. Worldwide Deloitte Touche Tohmatsu International saw a revenue rise of 9.5 per cent to US$6.5bn.
