Price Waterhouse Coopers

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Price Waterhouse Coopers

Introduction

Price Waterhouse Coopers is privately owned organization with headquarters in London, United Kingdom. It was formed in 1998 through a merger between Price Waterhouse and Coopers and Lybrand. It deals with professional services and it is the second largest professional services firm. It is a multinational organization and has offices in one hundred and fifty nine countries across the world. It faces competition from KPMG, Deloitte, and Ernst & Young. It was rebranded in 2010 in light of competition and the need to attain competitive advantage.

Leadership and Management Style

Price water house coopers apply change leadership style and interactive management style. The company is a global corporate with decentralized leadership and management in specific countries. They execute their duties by empowering the organization to accomplish the company’s strategic objectives. The process is systematic and requires leaders to identify precisely and focus narrowly on the most impacting goals, concentrate the efforts of the team and employees on actions of high impact, share transparently the real time results, make course corrections timely and lastly ensure mutual members accountability (PricewaterhouseCoopers, 2005p.64).

The effective leadership and management styles in Price Waterhouse Coopers is grounded on principles of commitment, clarity, translation of the companies goals to daily goals, synergistic teamwork, enabling sponsorship and accountability.

Leadership Development Strategy: PricewaterhouseCoopers (2007p.109) observed that the principles of focused leadership and management include clarity, commitment where the members of the company believe in the company’s goals to be achieved, translation to action which means the ability of the management to know what to do to achieve their goals, enabling sponsorship, accountability and synergy.

Organizational Culture

The organizational culture according to Deiser, R. (2009p.229) is derived from people who created it. At price Water House Coopers Company, the people form the heart f their success and strategy. They focus on equal opportunity for employment, inclusion and diversity in the process of recruitment and ensure they attract many candidates from various backgrounds, non traditional and traditional. The company provides people with different types of tools to enrich them in daily coaching, professional experience and have productive feedback. The organizational culture of Price Water House Coopers has four dimensions; professional development, life or work flexibility and quality, commitments to the communities, the Price Water House Coopers family and support to the working parents (Bowen, Rajgopal and Venkatachalam, 2008p.331).

  • Professional development

According to Evan & Chan-Gon (2010p.97), Price Water House Coopers emphasize on significance of the real time feedback to make them enhance their brand and improve on professional skills. The company also offers training and opportunities for development to stay relevant

  • Life/work flexibility and quality

The company understands that to perform maximally, people need to be flexible. Their holiday and vacation policy supports the c.............


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