Strategic Management and Analysis of PwC

Business Strategy

Table of Contents
INTRODUCTION...........................................................................................................................4
TASK 1............................................................................................................................................4
P1 Apply appropriate framework analyse the impact and influence of Macro-Environment. 4
M1 A critical analysis of the macro environment to determine and inform strategic
management decisions............................................................................................................6
TASK 2............................................................................................................................................6
P2 Analyse the Internal environment and capabilities of the organisation using suitable
framework ..............................................................................................................................6
M 2 A critical evaluation and analysis of the internal environment that will consider the
organisation’s internal capabilities.........................................................................................8
TASK 3............................................................................................................................................8
P3 Applying Porter's Five Forces Model evaluate the competitive forces of given market
sector for PWC.......................................................................................................................8
M3 Devise the appropriate strategies to improve competitive edge and market position based
on the outcomes....................................................................................................................10
Task 4.............................................................................................................................................11
P4 Applying a range of theories, concepts and models, interpret and revise strategic planning
for PWC ...............................................................................................................................11
M4 Produce a strategic management plan that has tangible and tactical strategic priorities and
objectives..............................................................................................................................13
D 1 Critique and interpret information and data applying environmental and competitive
analysis to produce valid strategic direction........................................................................14
CONCLUSION..............................................................................................................................14
REFERENCES..............................................................................................................................15

INTRODUCTION
Strategic management refers to a process of strategically formulation and implementation
of overall planning of the organization. The strategy includes; planning, monitoring and
analysing various needs of the organization in order to meet all the objectives of the firm. The
strategic management helps and provide futuristic guidance that help in improving organizational
plans, leadership and its responsibility for upcoming time. The management of the overall within
the company find right direction to deploy its crucial assets to achieve the goals of the firm. The
plans in strategic management nit similar to any short- term as they are made keeping in the
mind the long term needs of the company (Antamoshkina and Zinina, 2019). In short the process
is never ending and seek commitment of the leaders and management for the successful
implementation. For current report, the chosen organization is PwC, a leading global accounting
firm known as, PricewaterhouseCoopers which is a multinational professional services network
of firms, operating as partnerships under the PwC brand.
TASK 1
P1 Apply appropriate framework analyse the impact and influence of Macro-Environment.
For any company to be strategically successful, it need to have a close eye on the
business environment. Without organized strategy it will be difficult for organizations to have
meaningful purpose of doing any task. For logical analysis of the environmental effect on the
business is imperative (Khan, Çera. and Nétek 2019). For PwC the managers must scan the
external environment as they have no control by any leaders other than accept them and mold the
strategies according to given situations. Therefore, external environment often considered as
uncertainties in the organization which are large and have visible impact in the performing of the
organization. These are the macro environment which involve a nation’s political, economic,
technological, legal and sociological factors. The overall analysis help organization to identify
the threats and opportunities for effective working of the business organizations. The analysis
commonly known as PESTL analysis.
 Political Environment: The environment focus on the all the political include the
all the regulations and restrictions imposed by the government. For example, cur-
rent market after Brexit which may have impact on the import -export of the firms
in UK. At PwC the company have analyses its impact on the Data’s of the com-

pany. The management stated that “unless there is an "adequacy decision" in re-
lation to the UK- there will be an impact on personal data flows” which have a
significant impact on the business. Other than policies of government, the stabil-
ity of government and the ease of doing business etc. have an impact
 Economic Environment: The overall economic at local as well as global level
have a significant role. Impact such as climate, taxation, currency, GDP etc. of the
global economy play a vital role. For PwC to analyze these can help in formulat-
ing strategies according to them. At PwC, have intensely realize the role of cli-
mate change that world is going to face in the upcoming future and thus can bring
new opportunities as well as threats in every sectors of the businesses. The leaders
and the economist of the PwC have set objective of becoming “climate smart”.
 Social Environment: The social environment is dynamic and the impacts of it on
organizational level is much broader meaning than any other environment. At
PwC, company have emphasized on social and environment assessments which
have both consequences i.e. positive as well as negative of plans, policy and pro-
grams before moving to desired goal. Company disclose that it has significant ser-
vices are informed by the years of experience in environmental and social assess-
ments – across multiple geographical boundaries.
 Technological Environment: The rapid changes in technology and digital era in
businesses have bring transformation. These transformations are visible and thus
helps organization to be competitive in the current market. In PwC, have realize
its importance in their business and have identified the key essential technologies
such as, AI, Internet of things, Block chain, Virtual reality, Automation, 3D etc.
The company use technology to bring innovation for the customers to ensure ex-
cellent delivery.
 Legal Environment: Any business who are operating in a country have some le-
gal formalities that need to be deal. whether her it is internal legalities or external,
for safe environment at firm companies are bound by some legal restrictions that
are mandatory for them. For effective working all legislation that may influence
the working and pose any kind of risks for non- compliance need to minimize. For