Deloitte & Touche: Strateic Planning
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1. What is the Competitive position of Deloitte & Touche, LLP within its industry. Please provide an analysis of the strengths and weaknesses of Deloitte from the point of view of the Resource Based View of the Firm model and any other strategy frameworks that provide insight into your company's strategic competitiveness. Discuss Deloitte's strategy for competitive advantage (i.e. cost leader, differentiation, etc.) and suggestion about how they might change or improve this strategy.
2.What is the growth potential of Deloitte & Touche? Analyze the opportunities and threats of this firm, how this firm, based on its resources, can determine business opportunities as a result of the external environments. please provide response using the PESTEL model (politics, economics, society, technology, environment, legislation).
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Solution Summary
Aspects of strategic planning of Deloitte & Touche are explained in a structured manner in this response. The answer includes references used.
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1 .From the resource based view of Deloitte & Touche, LLP its key strengths are that it is the second largest network of professional services in the world in terms of revenue. It has more that 225,000 employees all over the world that provide high quality audit, tax consulting, enterprise risk, and financial advisory services. The human resources of Deloitte & Touche, LLP are valuable, rare, inimitable, and non-substitutable. The expertise of its employees in the auditing field are unmatched by those of its competitors. Deloitte & Touche, LLP has developed a reputation for being an excellent place to work. Another strength of Deloitte & Touche, LLP is its reputation with clients. It has the highest market share in the UK market and several other markets. According to 2015 figures its revenues were more than $35.2 billion. The reputation with clients and the large client base is valuable for Deloitte & Touche, LLP. The reputation with clients and the large client base is also rare, since the client base is controlled by Deloitte & Touche, LLP it is in-imitable, and the client base is non-substitutable. In addition, Deloitte & Touche, LLP strengths include IT enabled ...
Education
- BSc , University of Calcutta
- MBA, Eastern Institute for Integrated Learning in Management
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