PwC Senior Partner Tim Ryan authored an article about Building Trust for the Harvard Business Review. There are some links in the article back to PwC's study. There is some interesting info in that study.

The article notes how PwC stumbled at the Oscars in 2017 and how TR took responsibility for that blunder.

I would have preferred him to address how - or if - he was taking responsibility for the mass exodus of talent at his organization. That seems more pressing than the 2017 Oscars.

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The exudus is happening at all firms not just at PWC. Not sure how Tim is responsible for everyone leaving at all, PWC is the highest paid firm

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Regardless of the misspelling, d2 is right.

Great point. At the end of the day, do you think Tim Ryan, or any of the other Big 4 execs actually sit down and independently write any of this kind of, whether published, posted on linked in, or sent out in firmwide emails?

I'm sure they are all very bright, hard-working, and high-performing professionals, but for stuff like this, aren't they just puppets of the system.

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P6, true - acknowledging isn’t the same as solving an industry-wide issue but I was specifically replying to EY’s claim.

I’ll also concede my comments on Admin/ lead partners are anecdotal; but I’m still very convinced I’m right on this one. Whenever we have specific issues or questions my partner engagement lead can’t clearly answer, we always set up meetings with the GCP and / or my Sub-Platform lead partner to discuss. Maybe you are right at the Senior Partner level, but definitely wrong on Platform / Sub-Platform levels.

First off PwC had better audit quality than any other Big4 last year. But reality is audit and tax compliance are just cash cows. The firm will milk those dry and then buy more cows.

The real money and value for people and partners comes on the consulting side hence PwC’s updated model. It took all non commoditized work and put it under one umbrella. It’s pushing higher margins and more efficiency, selling more services to same clients. You def can’t do that with audit. The Trust business is there to support the firm in case of recession.

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I thought the partner was too busy posting on Facebook at the oscars instead of doing his job. You could call in a mistake is you want but probably would not have occurred if the partner was not acting like a twelve year old

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What happened at these Oscar’s lmao

Yeah they announced an incorrect recipient and mixed up envelopes if I recall correctly. There are plenty of articles out there, but it’s simple human error even if never done before in their 100 year history.

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The only thing Tim Ryan is responsible for is growing the partners share value

There’s nothing wrong with your organization. They are still making a shit ton of money, they couldn’t care less and aren’t going to drastically change a business model that hasn’t really ever failed because some associates and seniors are burned out and they’re having a couple of years of staffing issues. Until they can’t take on work or lose work, whether due to lack of staffing or quality, they aren’t going to change squat, because then it hits their pockets.

D1 Missed the /s? In case you hadn’t noticed, we had a pretty good report this year.

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