PwC India eyes standardizing consulting on global model

Talks on about how PwC, member firms across regions can use same methodology, processes

- Devina Sengupta & Sneha Shah

PwC India works independently, may adopt some of the global practices.

(REUTERS)

PwC India is weighing an overhaul of its consulting operations to align with a global plan to lessen the fragmented approach that marked the Big Four consultancy’s structure, which differed across countries.

According to three senior partners in PwC India, there are early discussions on how the firm and its other member firms located in different regions can offer the same kind of consulting service, use the same methodology, and processes to advise a client.

This month, the Financial Times published a news report that PwC is overhauling its consulting business “in a bid to eliminate the sometimes disjointed service when its national firms work together, which bosses view as a disadvantage against more tightly integrated rivals”.

In fact, the FT report said that PwC UK was the first to start the process and will merge its risk and consultancy business. The deal advisory unit will remain separate, it said.

The proposed shift toward a global integrated consulting model seeks to standardize methodologies and technology platforms across borders.