Seldom has so much happened in the space of 12 months. In the
last year, we've witnessed a great deal of change, not only in
terms of technology, politics and economics; but in many other
walks of life too.
For Deloitte, it has also been a truly transformational period.
Our firm has grown at its fastest pace for a decade, increasing
turnover by 13.6% and breaching £3 billion across the UK
Group for the first time.
Among our highlights for the year, we had significant success in
the audit market, with four wins in the FTSE 100; taking our market
share to 23% among the UK's biggest companies.
The firm worked with a range of smaller businesses and SMEs too,
investing in 30 disruptive start-ups – 20 of which were
developed by Deloitte's own people, through our £25
million Innovations Investments Scheme.
Change, then, has been the name of the game – nowhere more
so than in Scotland. In a landmark year, we've re-affirmed and
re-emphasised our commitment to, and investment in, our offices
across the country.
In Edinburgh, we announced plans to create a digital studio
– part of a network of 26 Deloitte Digital studios spread
around the globe – at our Castle Terrace office. Designed
specifically to encourage collaborative and interactive working, it
will enable our team to focus on developing and delivering a range
of digitally-focussed services; while also helping our clients to
work through their most complex business challenges.
Across the M8, we welcomed Scotland's First Minister, Nicola
Sturgeon, to officially open our new Glasgow office at 110 Queen
Street and sign Deloitte up to the Scottish Business Pledge. The
18,280 sq. ft. office represents a significant investment in our
Scottish operations and reiterates our strong ties to the city.
Ms Sturgeon also announced the Scottish Government's plans
to help women return to work after maternity leave, a move the firm
supports wholeheartedly as we move towards our 2020 targets.
Through initiatives such as our Working Parents Transition and
WorkAgility programmes, our aim is to have 25% of our partner group
comprised of women in four years' time.
Further north and, in Aberdeen, the team has continued to grow,
with the promotion of a new director. We also sponsored the
National Theatre of Scotland's Granite, a major arts production
for the city and an initiative we were exceptionally proud to back.
Despite the sustained low oil price, we're confident about what
the future holds for the Granite City and the wider North East.
With all of this going on, it's safe to say the firm has
evolved significantly. The firm has grown its headcount too –
we now have 35 partners and 45 directors, and recruited for the
future by taking on 53 graduates and 10 BrightStarts – our
Despite tailwinds in the wider economy, we want to build on this
progress in the next 12 months. A number of industries –
principally financial services, oil and gas and the public sector
– are undergoing fundamental changes in the way they do
Through our investment in Scotland, we plan to be at the
forefront of these sectors, helping them to make sense of the
challenges and opportunities that lie ahead. We remain as confident
as we have ever been in Scotland's future and committed to the
companies we work with, and the places in which we do business,
across the country.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
To print this article, all you need is to be registered on Mondaq.com.
Click to Login as an existing user or Register so you can print this article.
One of the greatest challenges facing employers today is finding and keeping good employees. This article describes some effective employee retention strategies that will help you retain good staff and develop a stable workforce.
Strategic planning is crucial to profitable business growth, but companies typically realise only about 63% of their business strategy's potential financial value because of defects and breakdowns in strategic planning and implementation.
Register for Access and our Free Biweekly Alert for
This service is completely free. Access 250,000 archived articles from 100+ countries and get a personalised email twice a week covering developments (and yes, our lawyers like to think you’ve read our Disclaimer).