PWC (PricewaterhouseCoopers) Mission and Vision Statements Analysis
PWC’s mission statement is “to provide an unrivalled level of service and to contribute to the sustained growth of the economy through the execution of vigorous, fair, and high-quality audits based on clear leadership and creative teamwork.” It underscores the companies determination to distinguish itself through high-quality and undisputable audit services that meets the needs of its customers. The statement also identifies the importance of teamwork as its success factor. One can draw the following components from this statement.
- Exceeding expectations. PWC (PricewaterhouseCoopers) shows that the company work is not limited to the minimum standards in the sector. It has set its bar far above this as evidence of how much it values thorough and informed audits. PWC services define itself as a smart-based corporation without limits in what it can do to help its clients make their dream goals a reality.
- Sustained economic growth. The focus of PWC is on guiding its clients to make the most informed financial decisions. The company does this by enabling its clients to understand their economic positions and links them with value-based strategies that can propel growth. For instance, PWC research and insights show just how critical this component is to the status the PWC continues to build for itself as the company that can deal with any economic challenges as they arise.
The framing of the PWC (PricewaterhouseCoopers) mission and vision statement is indicative of the company’s understanding of the sensitivity of proper audits in the sustained growth of firms. Perhaps this is the primary reason PWC stands as a top audit company, with a reputation that precedes it across the globe. The ability to maintain its high level and dependable services is directly associated with the companies corporate statements.
The fact is that a vision statement is a critical tool of a company that sets the desired future everyone within the establishment should be working towards. In the case of PWC, the management has done this by zeroing on two impacts the company expects to be progressively having on its clients. The success of this is highly dependent on the mission statement, which essentially, outlines the strategic methods the company uses to go to its future.
PWC (PricewaterhouseCoopers) is very categorical in the techniques for use while at the same time laying emphasis on the level of quality. Together with the core values, a company sets itself in a progressive motion, and this is what PWC enjoys with its strong values such as working together and integrity.
PWC’s vision statement is “Our purpose is to build trust in society and solve important problems.” The statement shows that PWC is a service-oriented company by singling out the key impacts it wants to have where it operates. The elements emerging from this vision statement comprise:
- Build trust. Creating relationships through quality services is what has kept PWC at the top in the industry, making it a household name across the globe. Moreover, to satisfy this aspect of its vision statement, PWC has started its global entertainment and media outlook as part of its larger program of relating more with its clients.
- Solve important problems. PWC is a company that has shown that it enjoys conquering challenges. The firm puts itself out there to take its clients through the most trying economic moments, and this is how it has earned itself the reputation of a dependable audit company.
PWC core values include “integrity, make a difference, care, work together, and reimagine the possible.” These values ensure the company operations remain streamlined, work seamlessly with each other and are focused on its primary goals. They can be broken down into:
- Work together
- Reimagine the possible
- Make a difference
To meet the needs of these values, PWC creates an environment that ensures all the stakeholders are reliable in the execution of their duties. The system is also interactive to promote cooperation as a value, and this also relates to the need to be sensitive to each other, including the clients. With this, it is possible for PWC to exploit this togetherness to stimulate the company to face any challenges, and by doing so, satisfy the last value by being the game-changer in coming up with solutions.
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