Deloitte Consulting LLP

General Company Info

Deloitte Consulting LLP is a subsidiary of Deloitte & Touche USA LLP (member firm of Deloitte Touche Tohmatsu),whose areas of expertise include IT services, strategy and financial management, outsourcing, process, and human resources. It is one of the world's largest consulting firms and the largest unit within the organization. Deloitte Consulting's plans to split from Deloitte Touche Tohmatsu were shelved in 2003, and Deloitte Touche Tohmatsu must still address the conflict of interest concerns between its consulting and audit businesses.

Headquarters:New York, NY2003Sales: $3.2 Billion

2003 Employment:12,000 people2003Sales Growth: 3.0%

Consulting Capabilities

Enterprise Applications– help clients solve complex business issues with a combination of packaged software, more efficient processes and deep industry knowledge.

Human Capital –help clients enhance an organization’s value through people, by redefining human capital and how it is managed and measured. It is the second largest HR consultancy in the world with more than 7,500 practitioners in 55 major offices globally.

Outsourcing –help clients optimize the performance of important, but noncore, business functions. Our services include applications management, business process management and outsourcing advising.

Strategy & Operations – help clients make major strategic decisions and implement business improvements in areas such as customer relationships, supply chain, M&A, and more.

Technology Integration – helps clients' information technology (IT) organizations solve business challenges through the integration of technology—as discrete services and/or comprehensive solutions.

In the news

August 9, 2006 - Deloitte Consulting LLPannounced today that it has acquired DeepDive™, a time-tested methodology that can be used to help executives harness the power of teams to significantly improve problem-solving speed, innovation, and results. Andy Boynton, co-developer of the methodology, explains it this way: “DeepDive™ is a tool that Deloitte Consulting is using to “virtuoso-ize” its own teams and its client’s teams—not just on one project, but on many important projects.”

July 20, 2006 - Despite increases in 401(k) plan participation, many employees are financially unprepared for retirement, according to the 2005-2006 Annual 401(k) Benchmarking Survey, conducted by Deloitte Consulting LLP, the International Foundation of Employee Benefit Plans and the International Society of Certified Employee Benefit Specialists. Despite increased participation, respondents believe the majority of employees are not taking advantage of their 401(k) plans to effectively fund their retirement. A surprising 13 percent of survey respondents agree with the statement that “most employees are/will be financially prepared for retirement.”

September 12, 2005 - Deloitte Consulting LLP announced its participation as a strategic sponsor in the Radio Frequency Identification (RFID) ResearchCenter at the University of Arkansas’ Information Technology Research Institute.The RFIDResearchCenter is an independent “live environment” laboratory developed for the creation and dissemination of RFID knowledge across industries and supply chain fields. Unlike some other RFID labs, the Center has no vested interest in the use or implementation of any one type of technology over another. This neutral third-party research and testing facility will allowcompanies an unbiased environment to complete RFID, wireless and sensor technology testing.

Top Competitors

Accenture-world's largest management and technology consulting firm, offering business and technology consulting services as well as outsourced technology services across 17 industry groups.

Boston Consulting- one of the world's top-ranked consulting practices, operating from about 60 offices in more than 35 countries in the Americas, Europe, and the Asia/Pacific region.

McKinsey & Company - one of the world's top management consulting firms with more than 80 offices in 44 countries

Sources: Company website and Hoovers.com