Press release from Business Wire India
Source: Deloitte
Tuesday, November 10, 2009 03:15 PM IST (09:45 AM GMT)
Editors: General: Consumer interest, Economy; Business: Accounting & management consultancy services, Banking & financial services, Business services, Financial Analyst, Media & entertainment; Technology
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Deloitte Showcases Way Forward for Organisations to 'Win in a Changing World'
Announces a Strategic Framework to Help Manage Challenges & Opportunities in a Reset World
New Delhi, Delhi, India, Tuesday, November 10, 2009 -- (Business Wire India) -- Deloitte Touche Tohmatsu CEO Mr. Jim Quigley today shared a new solutions framework to help companies understand their external impacts, accelerate growth, enhance profitability and aim for long term sustainability as businesses prepare to move out of a volatile economy. The framework "Winning in a Changing World" will be rolled out across Deloitte member firms and is designed to help business understand the impact of nine key issues on business, assess their capability to manage these, and plan now for recovery.
According to Deloitte India there are signs of economic recovery worldwide, as well as new and potential regulations impacting capital markets, and an unprecedented focus by Governments worldwide on sustainability. Organisations while recovering from the current economic slowdown have specific challenges, questions and concerns associated with a reset world. Decisions made several months ago are now being reconsidered and old certainties are being questioned.
Highlighting the need for companies to develop long term strategies as they manage for change, Mr. Quigley said "Deloitte firms will offer an integrated multidiscipline approach to help businesses capture opportunities and address challenges in a reset business environment. This will include a diagnostic tool to navigate the external impacts and help identify business risks and solutions."
This new integrated concept is an evolution of the suite of globally coordinated services Deloitte firms developed more recently to help organizations understand the impact and top of mind business issues of the more difficult economic environment.
According to Deloitte India, the world in which organizations will operate and compete going forward will be vastly different- in the times ahead new rules, new challenges and new realities will emerge. Indian businesses too will have to deal with this changing and dynamic business landscape. Organizations are focussing on global economic developments, sustainability and regulation and considering various impacts such as business model disruptions, growth opportunities, and talent management, among others.
Mr. Quigley further added "The business landscape has changed and organizations must change to stay ahead. The global landscape beyond recession is already taking shape, and Deloitte is ready to help clients prepare for its opportunities."
Elaborating on the framework Mr. Roopen Roy, Managing Director, Deloitte & Touche Consulting India Pvt. Ltd said "Winning in a changing world looks at the connectivity of the external impacts. Whether it is regulation, sustainability or the economic environment, these cannot be looked at individually - And neither can the solutions. This concept helps businesses identify the risks challenges and opportunities, and Deloitte professionals bring their unique depth and breadth of experience to bring integrated solutions."
Deloitte has a network of professionals who are leading this service program in their countries. These professionals share ideas and best practices and continually work to improve the client solutions. Deloitte firms understand the 360 perspective - the depth and breadth of the changes occurring, the interconnectivity between the business drivers of a reset world and the interconnectivity of solutions.
Mr. Quigley is in India to participate in the 25th India Economic Summit to debate and discuss the opportunities and challenges that both the current and future generations of India's leaders will need to address to shape India's future growth. Mr. Quigley specifically discussed growth opportunities in the Indian economy, business confidence being displayed in the market and India's growing leadership role in the global economy. During his visit, Mr. Quigley also engaged with Indian business leaders through various Deloitte led platforms and industry events, where he shared the organization's point of view on key issues for businesses globally in the wake of a global recovery.
Notes to the editor
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touché Tohmatsu and its member firms.
Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 140 countries, Deloitte brings world-class capabilities and deep local expertise to help clients succeed wherever they operate. Deloitte's more than 168,000 professionals are committed to becoming the standard of excellence.
This press release has been given by Deloitte Touche Tohmatsu India Private Limited a company established under the Indian Companies Act 1956, as amended and a member firm of Deloitte Touche Tohmatsu.
CONTACT DETAILS
Malika Kumar, Manager, Corporate Communications, Deloitte, +91 9899087649, malkumar@deloitte.com
Kruti Arora, Account Manager, 20:20 MEDIA, +91 9899671686, kruti@2020india.com
KEYWORDS
CONSUMER, ECONOMY, CONSULTANCY SERVICES, BANKING, BUSINESS SERVICES, Financial Analyst, MEDIA, TECHNOLOGY
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