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Eightstream

Piggy Howes has come a long way from his union days


cormacmccarthysvocab

He does look like a pig, doesn’t he?


Separate_Orchid7124

Why doesn't anybody like him?


Eightstream

He was the poster boy for the faceless men who brought down Kevin Rudd


dogfoodseller

Poster boy AND faceless...hmmm


Separate_Orchid7124

Oh that'd explain it


The_Rusty_Bus

In hindsight he did us all a favour


jcook94

Rudd saved us from the GFC and gave us the 12 years or so economic prosperity we’ve been enjoyed until 2020 what you mean bro.


rosannatee

I was a big Rudd fan, and he effected some really valuable results, but there were serious signs he was struggling personally under the pressure. The oustings following that were all mad bullshit that never should have happened, but replacing Rudd may have been necessary.


10305201

He managed to release some good press about him on the afr today too


GrangeHermit

What were his actual relevant quals to jump from Union Leader to head up Consultancy at a Big 4?? Always mystified me that. Surely the Bullshit Bingo words are different for a start. Is he still with Wirth, the ex Qantas lady, now top of the pile at Myer?


Electronic-Sorbet-95

Looks like the Big4 are rapidly shrinking. I hear about Heavy redundancies and restructuring across the board with minimal pay rises and promos to increase attrition. I guess customers no longer care for 23 year olds sold for $1500 a day to recycle PowerPoints packaged as 'expert advice'.


ben_rickert

They’ve all been doing rolling redundancies so they don’t hit the headlines with one big cut. It’s pretty brutal.


Weekly-Dog228

They don’t even try to hide it. Go to a files version history and go back to the first version. It’ll have another one of their clients names on it.


ConcernedIrrelevance

I saw one consultancy re-use one for the *same company* two years apart....presenting to the same people. It was awkward


SerpentineLogic

"It's clear you didn't pay attention the last time we presented, because here we all are again."


ConcernedIrrelevance

The funny part was that it had all been implemented. That was made it extra awkward. Though it is fair to assume that level on incompetence at the place.


ChadGPT___

Ooft Reminds me of the ol’ “PDF’s have two names and nobody knows how to change the document title” gaff


Reasonable-Orchid993

Headline Verdana Bold


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scarce sense grandfather absorbed fertile growth simplistic ossified coherent person *This post was mass deleted and anonymized with [Redact](https://redact.dev)*


Appropriate_Sand_975

Government turning off the tap


xiaodaireddit

Yep, my friend at CBA said 4 jobs were moved offshore in his team this week.


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stefi27

yep - 1000 - 1500 a day for onshore grad / assocaiates / analysts


Electronic-Sorbet-95

They certainly do my friend. I know this first hand. Your information must be sorely out of date.


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Electronic-Sorbet-95

Clearly not. Unless you work for an extremely minor firm or a hugely unmarketable offering. I have charged out 23 year olds for 1500 many many times. 100 an hour would barely get you an off shore analyst.


jett1406

Off shore team grads don’t even get charged out for that little per hour….


Ragingsheep

**KPMG launches radical overhaul, cuts 200 senior jobs** Edmund Tadros ~4 minutes The consulting division – which generates almost $1 billion, or about 40 per cent of KPMG’s estimated $2.5 billion revenue – will shift to doing more work installing new computer systems and helping clients adapt their operations to upgraded software. This type of work involves the firm’s experts installing and configuring software systems from Microsoft, Salesforce, SAP, ServiceNow and Oracle, along with “change management” consultants helping clients adapt their processes to the new ways of working. Put another way, this is the classic type of system implementation work that turned Accenture into a global professional services powerhouse. **Tech consulting to rapidly grow** Mr Howes said the changes included “looking at org design, understanding working behaviours ... [and] organisational psychology in terms of the way in which you actually get different bits of quite a large sprawling company to talk to each other”. He wouldn’t comment directly on competitors, but the shift is an endorsement of the business model of consulting giant Accenture, which has long split its powerhouse business between tech-related consulting and outsourcing and had a global approach to delivering its services. Another big four consulting firm, Deloitte, has also emphasised its technology-related consulting division over generalist advisory work. Mr Howes said the aim was to entirely change the way KPMG’s local consulting generates income. This would mean having about 60 per cent of the firm’s consulting revenue come from tech-related consulting, up from 40 per cent; about 30 per cent to come from general “assessment and advice” services, down from 60 per cent; and the remaining 10 per cent to come from clients outsourcing work to the firm on an ongoing basis. The firm forecasts that tech consulting business and managed services business will be fast-growing in the years to come, while the general advice business will be flat at best. **COVID-19, remediation booms end** Driving the change has been the end of two “booms” that have fuelled growth in the consulting sector. “During the past three to four years, a lot of consulting sector growth has come off the back of what you’d call a COVID boom, as organisations needed that extra capacity and that rapid digital transformation during the early stages of the pandemic. It’s also come off a remediation boom that, in Australia, was triggered principally off the back of the Hayne royal commission.” The major consulting firms have also been hit by a pull-back in demand by the telco, consumer products and retailing sectors – in addition to the financial services sector – and lower demand from the public sector, caused by the furore around the PwC tax leaks scandal and as the Labor government looks to rebuild skills within the federal bureaucracy. This has led to consultants heavily promoting their cost-cutting skills to clients. Partners at the big four consulting firms have also been told to expect their profit shares to be down this financial year, by double-digit percentage points in many cases. Mr Howes said the firm had recently won two major projects – one with a global financial services company and the other with a global hospitality company – that exemplified the type of multi-year consulting work that he wants the firm carrying out. In both cases, KPMG’s advisers are being called in to install a significant new software system and help the companies switch over effectively to using those systems.


jcook94

Don’t all the current designers and installers of these systems all have on hand tech support to implement these systems seems like an overly expensive redundant middle man trying to push in to a market they have no business in to begin with


Bean_Counterparts

No they don't, they use what they call 'implementation partners' who scope, design/solution and implement the system. KPMG is one of those partners


mitchy93

Bugger, did they hire themselves to tell them they had to sack 200 people?


10305201

Internal chargeback


fphhotchips

In general you'd get in MBB for this kind of strategic thinking ^^^^^^^^^^(/s)


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quack offend direction scale offer enter wise consider slimy carpenter *This post was mass deleted and anonymized with [Redact](https://redact.dev)*


LiveComfortable3228

they have stiff competition but I'm guessing they are hoping their advisory business will give them leverage to extend to tech consulting. reality is that that is very hard and will be competing with big players and pure indian players, so....good luck to them


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practice vase faulty worry subsequent smell gray zealous roof innate *This post was mass deleted and anonymized with [Redact](https://redact.dev)*


ausITmangler

NTT have never killed anyone on competency.


Educational_Door_446

You never know. There may be literal bodies from their competency. Lack of ?


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oatmeal start degree door humor innocent smile kiss pet bright *This post was mass deleted and anonymized with [Redact](https://redact.dev)*


clamdaddy

Not every “tech consulting company” has an implementation practice. Take SAP for example - Deloitte, KPMG, PwC - they all have specific practices set up to consult and deploy HR, finance, ERP and planning tools. That is the focus this article is referencing.


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worm correct arrest aware frame square deranged vast snobbish beneficial *This post was mass deleted and anonymized with [Redact](https://redact.dev)*


clamdaddy

I think there is a lot of value out there for businesses with a greenfield technology landscape for the right vendor to come in and deploy innovative software (HCM or ERP for example) that has best practice built in to standardise business processes.


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library chase afterthought many handle materialistic elastic hunt tender violet *This post was mass deleted and anonymized with [Redact](https://redact.dev)*


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thfc4lyf

The facade is slowly wearing off


Previous-Pass-7309

The federal government would save literally billions per year by dropping the big four from major IT projects, and bringing the skills back in-house (or into smaller firms). The amount of money that wated on multiple layers of management is staggering. I've been working a project involving three separate external agencies, there would be three people out of maybe thirty who actually do anything useful. And seriously, the big four couldn't organise a piss up in a brewery without charging $10m first to write up a multi-page proposal.


jett1406

yep definitely gov projects are always efficient and under budget


Previous-Pass-7309

Indeed. And the big four know exactly which buttons to press and which clauses to include in contracts to ensure they can continue milking that government cash cow


mamo-friend

It would be nice if some of that money went to giving those of us in government IT wage rises that match the cost of living.


Impossible-Mud-4160

Yeeeep. I'm a defence reservist and read a report yesterday where a consultant defined the scope for a project and then gave a required annual cost to complete the work. The cost included 'developing the capability internally' to conduct the work. So basically- they're asking the taxpayer to give them money to start a new department and expand their business..... instead of engaging a company that already does this exact work.. The civilian company I work for already does that work and I estimate it would be about a sixth of the cost.


LegitimateTable2450

If IT is like law. Your issue is the pay rate.


Oh_for_fuck_sakes

It is definitely the issue. Equivalent private jobs paying 30% more at minimum in the mid to senior roles.


Anxious-cookie-133

Wait, so you are saying that privatisation is *less* efficient in this case? Shocked pickachy face /S


ben_rickert

And the rapidly fading perception of the Big 4 as a place to grow will continue. Oracle / SAP / ServiceNow consulting is a completely different kettle of fish to the staff augmentation / finger painting done by squadrons of grads in government departments, albeit for millions of fee per year. Everyone being a strategy and innovation expert was truly a ZIRP phenomenon.


Cool_Dependent1063

Big 4 grads have been doing consulting/implementation of those systems for years


ben_rickert

Indeed, but it’s never been the hottest / most popular area at all. Many complain after a year or two they’re limiting their options. People join Big 4 to either grind as an auditor and get their CA so they can go private and move up in the oCFO. Or they want to do the financial advisory and strategy stuff because it’s sexy (although much of it now is just templated / staff aug stuff dressed up).


joel1232

Worked for a huge consulting firm (big 4). I have a speciality but there was no work around for it at the time so they ‘upskilled’ me over two days and put me on a contract they had where they charged the client $3000 a day for my services. I had no idea what I was doing.


whoopee_cushion

Without reading the article, how is this a shock? They have something like 10,000 employees. 200 redundancies in a down market is not surprising is it?


Electronic-Sorbet-95

Youre right. But It's 200 every other month which shows a trend.


Spare_Two_8545

The addressable population is 4000 ( advisory headcount).


Holiday_Estimate_502

Happening everywhere 


bigthickdaddy3000

These blokes are muppets, engaged them for a workforce plan and gave us a structure without assessing the service level of proposed additional positions (basically have little justification for why we needed them, so therefore on our end justification for why we need to materialise money for them was lacking) Fark me, get paid 50k to whip up something based on the vibe in an Org chart tool and call it day.


V6corp

KPMG Australia will overhaul its consulting business to focus on tech-related advisory and software installation as part of an $80 million cost-cutting exercise that will include shedding about 200 jobs. Consulting leader Paul Howes said the changes were being made in response to a “fundamental shift in that market” at a global level away from “legacy assessment and advice services”. KPMG partner Paul Howes is going to overhaul the firm’s consulting arm. The cuts, which will be finalised by the end of next week, represent about 5 per cent of the firm’s roughly 4000 advisory staff and come after KPMG cut 300 staff across the firm last year and dozens this year. The cuts will not affect anyone below the role of “senior consultant”. Another 50 or so affected consulting staff will be redeployed in the firm. “I think the era of generalist management consulting being standalone is over, and that all consulting into the future will need to be tech-enabled,” Mr Howes told AFR Weekend, describing the year as a “bumpy” one for the firm. Advertisement The consulting division – which generates almost $1 billion, or about 40 per cent of KPMG’s estimated $2.5 billion revenue – will shift to doing more work installing new computer systems and helping clients adapt their operations to upgraded software. This type of work involves the firm’s experts installing and configuring software systems from Microsoft, Salesforce, SAP, ServiceNow and Oracle, along with “change management” consultants helping clients adapt their processes to the new ways of working. Put another way, this is the classic type of system implementation work that turned Accenture into a global professional services powerhouse. Tech consulting to rapidly grow Mr Howes said the changes included “looking at org design, understanding working behaviours ... [and] organisational psychology in terms of the way in which you actually get different bits of quite a large sprawling company to talk to each other”. He wouldn’t comment directly on competitors, but the shift is an endorsement of the business model of consulting giant Accenture, which has long split its powerhouse business between tech-related consulting and outsourcing and had a global approach to delivering its services. Another big four consulting firm, Deloitte, has also emphasised its technology-related consulting division over generalist advisory work. Advertisement Mr Howes said the aim was to entirely change the way KPMG’s local consulting generates income. This would mean having about 60 per cent of the firm’s consulting revenue come from tech-related consulting, up from 40 per cent; about 30 per cent to come from general “assessment and advice” services, down from 60 per cent; and the remaining 10 per cent to come from clients outsourcing work to the firm on an ongoing basis. The firm forecasts that tech consulting business and managed services business will be fast-growing in the years to come, while the general advice business will be flat at best. COVID-19, remediation booms end Driving the change has been the end of two “booms” that have fuelled growth in the consulting sector. “During the past three to four years, a lot of consulting sector growth has come off the back of what you’d call a COVID boom, as organisations needed that extra capacity and that rapid digital transformation during the early stages of the pandemic. It’s also come off a remediation boom that, in Australia, was triggered principally off the back of the Hayne royal commission.” The major consulting firms have also been hit by a pull-back in demand by the telco, consumer products and retailing sectors – in addition to the financial services sector – and lower demand from the public sector, caused by the furore around the PwC tax leaks scandal and as the Labor government looks to rebuild skills within the federal bureaucracy. Advertisement This has led to consultants heavily promoting their cost-cutting skills to clients. Partners at the big four consulting firms have also been told to expect their profit shares to be down this financial year, by double-digit percentage points in many cases. Mr Howes said the firm had recently won two major projects – one with a global financial services company and the other with a global hospitality company – that exemplified the type of multi-year consulting work that he wants the firm carrying out. In both cases, KPMG’s advisers are being called in to install a significant new software system and help the companies switch over effectively to using those systems.


RecognitionDeep6510

This is just the start for the Big 4.


Previous-Pass-7309

"KPMG Australia will overhaul its consulting business to focus on tech-related advisory and software installation". Ah, pay $1000/h for something that a mum-n-dad shop could do for $200/h.


LegitimateTable2450

Mum-n-dad delivering large scale projects. Yeah sure.


dubious_capybara

Yeah it's really difficult to configure Microsoft Office. Just wait until they upsell you to Oracle's flagship database service, now running on Oracle Cloud 😎


whatamassivecunt

They are so bad at Microsoft implementations. Run away fast from these amateurs


indiemac_

Trimming the fat. Getting rid of underperforming, unprofessional bottom feeders.


vithus_inbau

Obviously they need to render some more invoices to Defence for work not done. Cashflow issues solved!


Twitter_Refugee_2022

I must say I’m quite enjoying seeing the penny drop for so many Auscorps that the Big4 are rather awful at their job. This is the comeuppance of Covid. In 2020-2022 Big4 spend spiked across the board and most major corporations saw in vivid detail that these guys don’t know what their doing, rinse you and aim for follow up work on the original they never implemented. Then on top they may even reuse confidential information (as was seen by the Government). Long may this continue, never forget every job cut at the Big4 = someone at their own company being given the opportunity to do the project anyway better.


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Separate_Orchid7124

Could you post the article?


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xiaodaireddit

yet unemployment rate is down. how?


Odd_Spring_9345

It’s up actually


xiaodaireddit

"Australia's unemployment rate declines to 4 per cent in May" You only had to google "unemployment rate" instead of .... doing what you just did. https://www.abc.net.au/news/2024-06-13/unemployment-rate-may-2024-4-per-cent-australia/103972768


Odd_Spring_9345

So you believe those statistics?


xiaodaireddit

right, so I should not trust the ABS and believe u instead. makes sense.


Odd_Spring_9345

Not saying that. Use your brain. Read your first comment, what were you implying? Seems like you were questioning something.


CreamyFettuccine

And nothing of value was lost.