Yesterday
- Exclusive
- Cybersecurity
Consulting giant builds $300m Aussie cyber group with acquisitions
Following a string of acquisitions, Fujitsu has created a 300-strong team of cyber professionals to take on IBM, Accenture and CyberCX in Australia and New Zealand.
- Tess Bennett
This Month
McKinsey begins hundreds of job cuts with client demand muted
The reductions are said to be global and will affect employees across a variety of divisions including design, data engineering, cloud and software.
- Ambereen Choudhury and Irina Anghel
Mercury Capital acquires stakes in KKR’s Findex Group, Fyfe
The deal, which closed on Friday, will see Mercury take a 60 per cent interest in Fyfe which has been around since the 1980s.
- Updated
- Sarah Thompson, Kanika Sood and Emma Rapaport
Finance’s ‘basic’ spreadsheet error triggers reform calls
The federal Finance department failed to remove hidden tabs in a master spreadsheet, exposing confidential pricing data, a review has found.
- Tom Burton
McKinsey offers staff nine months’ pay to leave
The management-consulting firm is dangling the pay, along with career-coaching services and other resources, to some UK staff who would like to leave.
- Matthew Boyle
March
Win promotion in 2½ years or go, McKinsey now tells consultants
The company is raising the “up or out” pressure on staff as the global industry struggles following several years of aggressive hiring.
- Ambereen Choudhury
Why this strategy consulting firm avoids cutting staff during a downturn
Strategy consulting firms have to bide their time during recessions until clients have exhausted ways of quickly cutting costs, says a veteran of the field.
- Edmund Tadros
Deloitte restructure ‘year in the making’
Deloitte Australia CEO Adam Powick says a global restructure will strip out duplicated roles and make it easier to respond to client needs.
- Edmund Tadros
Ashurst picks up four partners as law firms march into consulting
The new hires from PwC and CBA continue law firms’ march into consulting, and comes after King & Wood Mallesons last month established its own advisory division.
- Maxim Shanahan
Scyne too slow in bid to stop former partner moving to Downer: judge
The PwC spin-off failed in a bid to temporarily restrain an ex-partner from working at services contractor Downer EDI because it took too long to bring the action.
- Updated
- Edmund Tadros
Scyne sends out Jamie Briggs to terrify the troops
Partnerships are never as warm and cuddly as the word suggests, so it was only a matter of time before the gloves came off at Scyne Advisory.
- Myriam Robin
- Opinion
- PwC tax scandal
It’s time to clean up the consulting sector once and for all
We cannot allow the pendulum to swing back to the unacceptable status quo where greed, deceit and conflict of interests are allowed to thrive.
- Deborah O'Neill
- Opinion
- Chanticleer
Downer’s stoush with KPMG a big test for corporate Australia
Cosy relationships between big four audit firms and directors have greased corporate Australia’s wheels for decades. Now they are coming under pressure.
- Anthony Macdonald
Finance begins training bureaucrats in procurement
The Department of Finance has begun training bureaucrats in how to buy complex goods and services and is also considering creating a specialist procurement career pathway for officials.
- Edmund Tadros
‘The best revenge is living well’: How to deal with sexism
From making room at the bar to encouraging ‘Space Ladies’, female lawyers and consultants are advancing in male-dominated fields.
- Hannah Wootton
February
The dead diamond dealer, the Russian billionaire and the ex-Liberal Party strategist
Spanning transactions from Monaco to Switzerland, CT Group has been accused in the UK’s High Court of offering up forged bank documents in the family legal dispute of a deceased Israeli diamond dealer.
- Ronald Mizen
Tracking and decoding corporate jargon
A tracker of our growing list of corporatespeak – and our suggestions for plain-language alternatives. Consider it your jargon dictionary.
- Updated
- Edmund Tadros
Diversity advocates McKinsey, BCG, Bain land pay gaps over 30pc
Strategy firms that advise clients to increase the diversity of their workforces and leadership teams have gender pay gaps that are up to double the national gap.
- Edmund Tadros
Call to ban McKinsey from US government contracts for China work
Top Republicans have called for McKinsey to be banned from securing US federal contracts after a think tank led by the firm gave policy recommendations to Beijing.
- Demetri Sevastopulo and Stephen Foley
Hours, travel contribute to Bain’s 31pc gender pay gap
Bain, a consulting firm that heavily promotes itself as being an employer of choice for women, has a gender pay gap of 31 per cent, higher than the industry gap of 26 per cent.
- Edmund Tadros
