Advisory overview - Ernst & Young - Turkey

Securing the present . . . improving the future

Taking a 360° view of your company’s health is a necessary first step to securing the present and building for the future. Many organizations are facing important short term issues, such as reducing costs and current financial risks, but it is equally important to consider performance improvement and risk management opportunities that will drive growth and operating efficiencies for the longer term and create a stronger competitive position.

Delivering improved business performance — and a superior client experience
Most businesses today are looking to solve two key challenges — improving business performance and cost reduction. This dual objective can deliver significant benefits and position your organization to emerge from the downturn with a stronger and more secure and competitive profile.

To help you meet these interconnected challenges and achieve your potential, we harness the diverse perspectives and experiences of our 20,000 advisory professionals — one of the broadest global advisory networks of any professional organization. We assemble seasoned multi disciplinary teams to work with you to deliver a superior experience built on a consistent global methodology, a robust knowledge culture and insights from our work around the world.

So whether your focus is on transforming your entire business or on sustaining performance and building on today’s achievements, having the right advisors on your side can help you accelerate towards your goals. We offer objective advice and fresh insights to help you achieve tangible results and sustainable improvements wherever you do business.

Do organizations have a plan in place to save today to prosper in the future?

More than sixty percent of companies fail to sustain cost reduction programs over the longer term, especially when the enterprise and the wider economy begins to grow again. Ernst & Young’s Save to prosper: from cost reduction to cost optimization (pdf, 853.5kb) survey, polling more than 562 decision makers, identifies useful insights that will help companies shift from cost reduction to cost optimization following the economic downturn, and realize long term value.

Also watch our videos.

The future of Finance

Amid signs of economic recovery, we suggest in The future of Finance (pdf, 248.8kb) that CFOs establish and implement a holistic framework that identifies weaknesses and potential improvements, and which helps enable Finance to be more effective, lower costs and help deliver more value to the bottom line.

 

The future of risk

This new survey of more than 500 global companies provides a snapshot of the current risk environment (pdf, 360.13kb) at a time when mixed reports are filtering through about the medium- and long-term economic outlook. It examines companies' attitudes towards risk management and how recent global events have affected management approaches to risk.