PwC
Miles Everson
U.S. Advisory Leader
Consulting: As we close out 2015, where is your firm today?
Everson: 2015 was a very strong year for PwC. Global revenues grew 10 percent year over year breaking $35 billion for the first time in firm history. Our Advisory Line of Service, which stands apart from audit and tax services, led that result achieving a record $11.2 billion in revenue with an impressive 18 percent growth year over year. This growth is testament to hard work by our people around the world as well as recognition of the value that we bring to our clients. This is a people business, and I am incredibly proud of the diverse, talented and motivated teams that drove these results. That said, 2015 held no shortage of surprises. The shift we saw in global macroeconomic conditions during the summer forced many to reassess their business strategy and seek new ways forward.
Consulting: How would you describe your firm's outlook for 2016?
Everson: While we don't provide specific projections, I believe the momentum we built and progress we made over the past year will continue to drive our results in 2016. As I mentioned, at PwC our reason for being is to help our clients address their most complex challenges from strategy through execution. As a firm, our stated purpose is to work with clients and communities to build trust in society and solve global problems. While we won't disclose our financial predictions, the ongoing rapid shifts in the economic, business and regulatory environment, coupled with advancements in technology, have continued to change what our clients are saying, thinking and demanding.
Consulting: What specific signs are you seeing that suggest an increase or decrease in demand?
Everson: All across the globe, disruptive forces are reshaping the environment in which companies operate, generating new opportunities and challenges almost every day in every industry. Faced with this rapidly evolving climate, we hope to help our clients think through the strategic issues that will define the future of their business.
Consulting: What do you see as the biggest opportunities in 2016?
Everson: The global economy is so interconnected today, it presents a lot of opportunities for PwC. We need to continue to evolve to deal with those issues, not only in Advisory, but in our other two lines-of-service: Assurance and Tax. That has included becoming more of a technology-enabled organization and continuing to anticipate the solutions clients will need in this ever-evolving environment.
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