PwC Business Consultants The Pros and Cons



Businesses of all types and sizes face specific challenges based on their industry, location, financial situation, and more. One way that companies mitigate these risks and operate favorably within their industry is by enlisting the help of a business consultant. Professional services firms such as PricewaterhouseCoopers (PwC) represent a prime example of the kind of high-caliber consultant that businesses can lean on in times of need.

The consultants at PwC offer more than simply advice – they provide comprehensive services including expert knowledge, up-to-date trends, in-depth analyses, strategic insights, custom solutions for solving complex problems in a variety of fields such as technology, accounting, economics and taxation. As your business navigates ever-changing landscapes and uncertain times, it is beneficial to have the guidance and good counsel from PwC business consultants.

In this guide we will discuss the pros and cons associated with working with PwC business consultants offering you an understanding on whether they may be right for your company based on its current circumstances.

Overview of PwC

PwC is one of the world’s largest and most respected business consulting firms. With over 275,000 employees, PwC is well-known for their expertise in accounting, tax, auditing, and advisory services.

This article will provide an overview of PwC and discuss the pros and cons of working with a business consultant from the company.


PwC, previously known as Price Waterhouse Coopers, is one of the world’s largest networks of professional services firms. Founded in 1854 in London, England, PwC has grown to include more than 250,000 employees based in countries across Europe, Asia Pacific and North America.

Today, their network consists of over 850 offices across 158 countries with expertise in accounting, taxation, consulting and assurance services. PwC works with a diverse range of clients from private companies to government organizations that operate within a wide variety of industries.

Their unique approach combines technology for business transformation and global expertise for integrated solutions providing an adaptive platform for clients to grow their businesses. Through strategic collaborations and thought leadership initiatives such as PwC Leadership Academy and Thought Leadership Programs which provide research-based insights into markets and industry trends around the world; PWC is committed to providing innovative services that meet their clients’ needs.


PwC is a global business consultancy organization, providing consulting services to a variety of sectors including banking and finance, media, healthcare and life sciences, energy resources and utilities, and public sector. They specialize in helping organizations accelerate growth by designing and deploying solutions that give them the insights they need to succeed in today’s rapidly changing world.

PwC offers a range of services that include:

  • Corporate Strategy – providing high-value corporate strategy advice on strategy formulation and implementation.
  • Business Transformation – aiding companies with their transformation needs through diagnostic assessments, transformation planning, execution and program delivery assurance.
  • Governance, Risk & Compliance – helping organizations manage change more effectively by developing strategies to minimize disruption while reducing risk.
  • Managing Complexity – offering insights and guidance on how to manage complexity for long-term success.
  • Talent Management & People Development – leveraging technical knowledge to drive better outcomes for clients’ people programs across all stages of the lifecycle from attract talent through development.

In addition to these core services offerings, PwC also provides advisory services across a broad range of technology categories such as analytics predictive models; artificial intelligence/machine learning and cloud computing amongst others.


PricewaterhouseCoopers, or PwC, is one of the four largest professional services networks in the world. With offices in 157 countries and territories, even a relatively small organization can find itself with an international scope if they are able to take advantage of global tax regulations and permit exemptions.

Clients have access to PwC’s extensive network of global resources, specialist services, teams across functions and diverse experiences that span from focused industry expertise up to leading edge technology capabilities.

Clients can benefit from leveraging their presence across markets for both consulting projects and for recruitment purposes, as well as access specific insights related to their current challenges and needs. Through this spectrum of services PwC has been successful in addressing issues such as taxes & compliance solutions, strategy & performance optimization, digital transformation and people & cultural transformation.

Given PwC’s long history in professional services it is not surprising that clients consistently rate its service highly – with 94% of surveyed clients feeling satisfied with their experience at PwC vs only 49% at KPMG according to the latest benchmark industry report 2020.

Pros of Working with PwC

Working with PwC as a business consultant can offer tremendous benefits, from working with world-leading companies to extensive career growth options and a collaborative team environment. Their reputation as a company makes them a preferred business consultant in many industries and they provide excellent training to their consultants.

Let’s dive into the different pros of working with PwC:


PwC business consultants are some of the most sought-after specialists in the world. They offer knowledge and expertise across a wide range of industries, from life sciences and finance to technology, entertainment, and media. All consultants at PwC are held to extremely high standards in order to ensure top-notch client service.

PwC’s team of experienced professionals have the skills necessary to analyze data and draw insights, generate ideas for problem solving, provide strategic advice on a variety of topics including tax planning, mergers and acquisitions, supply chain optimization, human capital management and risk management.

The firm’s full mastery of accounting process ranging from financial statement audits to customer profitability reports make it a great resource for detail-oriented individuals. This expertise also applies when developing customised reporting portals or collaborative project management systems. Consultants at PwC also have resources to think strategically beyond short-term objectives and develop long-term goals that take environmental risks into consideration as well as all aspects related to the triple bottom line (People Earth Profit).

Global Reach

PwC Business Consultants offer a global reach that is unrivaled by any of their competitors. With offices in over 158 countries and more than 181,000 people worldwide, PwC can provide solutions to clients across the globe. This breadth of knowledge and expertise allows them to work with multiple countries, currencies and languages – making them an ideal business partner for companies seeking to expand internationally.

In addition to the global reach of their network, PwC offers a number of specialized services tailored for various industries and sectors. For example, PwC has developed its own Human Capital Model which helps organizations realize their human potential by aligning strategy with a comprehensive program aimed at improved performance and engagement through well-designed processes across the organization. Their specialized teams are also focused on helping organizations embrace digital technologies such as blockchain and other cutting-edge technologies.

PwC’s ability to leverage its world-wide network provides numerous advantages to clients looking for the build capability while decreasing operational costs due expanded diversity in resources offered by the organization – making them an attractive partner for multinational corporations looking to optimize operations quickly on a global scale.


Working with Pricewaterhouse Coopers (PwC) comes with a unique set of advantages. PwC is one of the Big Four professional services firms, so it already has an established reputation that provides immediate credibility to your company. It’s been around for more than 150 years and has offices in more than 75 countries, so its experience and reach stretch across the globe.

The reach and reputation of PwC also help open doors. For example, if you need to get financial information from other countries, working with PwC may immediately qualify you as someone who can be taken seriously. Additionally, its numerous global affiliations give it incredible access to people and information that would otherwise take a long time to uncover.

Likewise, clients will view you when working in conjunction with PwC as experienced professionals rather than small-time amateurs because they are associated with such a renowned firm. This could be the difference between them using your services for what they need and choosing someone else if you don’t have nearly as impressive credentials or reaching power than PwC can provide.

Cons of Working with PwC

When it comes to choosing a business consultant, PwC can be a great option. However, there are some drawbacks to be aware of before committing to a working relationship with PwC. In this article, we will discuss some of the cons of working with a PwC business consultant so that you can make an informed decision before you hire one.


When working with a prestigious firm like PricewaterhouseCoopers (PwC), you can expect to pay a premium for the quality of work. Many professional services firms bill on an hourly rate, and companies should be aware that PwC’s consulting rates may exceed those of competitors. They may also charge flat-rate fees, which are based on the scope of a project and will be higher than what other firms would charge.

In addition, many clients report that they overstaff their consulting teams, which adds to their costs. This can result in more expensive bills for the client if they don’t have a solid contract in place before beginning a project.

Lack of Flexibility

An unfortunate downside of working with PwC is that they don’t offer much in the way of flexibility. You will be expected to work within their guidelines and frameworks, which can mean a lack of creative input on projects and reduced ability to really have your stamp on a project. The downside of such structure is that it can lead to a feeling of being undervalued as an employee.

Also, job commitments often extend beyond traditional business hours and may even require time away from family and personal commitments. While you might feel rewarded by the increased pay or complimentary trip associated with accepting the job offer, the lack of flexibility can leave you feeling overworked or lacking in important life goals. If you cannot handle pressure or commit to extra hours when necessary, then this position may not be best suited for your lifestyle.

Limited Access to Resources

PwC is one of the largest business consulting companies in the world, but even with its size, there are still certain constraints that it puts on its consultants. One of the major cons of working with PwC is that consultants are only given access to the resources available within their own team, which means they may not be able to utilize other resources outside their purview.

Additionally, due to PwC’s hierarchical structure and multiple teams dedicated to different projects, consultants may sometimes struggle to receive timely feedback and helpful advice from higher-ups. This can be especially challenging for junior associates who may lack experience and could benefit from mentorship from more experienced team members.

Furthermore, many PwC projects often require large teams of consultants in order for them to reach their desired level of completion. With a limited number of staff available at any given office location, it can be difficult for larger projects to progress when there are too few experienced personnel working on them at once. This can lead to excessive workloads for many advisors and consequently prevent them from performing at their optimal level of efficiency on individual tasks or across the entire project timeline.


The decision to hire a business consultant is an important one, and no two organizations are exactly the same. However, the potential benefits of working with a business consultant from PwC far outweigh the risks and can help your organization achieve its goals more quickly and efficiently. If you are considering engaging with a business consultant, consider PwC – their reputation precedes them.

PwC consultants bring a tremendous amount of experience to their clients’ projects. Their financial acumen and industry expertise can be invaluable in helping organizations develop strategies that address their most pressing business challenges. As they do so, they go beyond simple consulting by providing support in implementation and ongoing stewardship through change management software like Kantu, which creates transparency around the process of making organizational change. Additionally, PwC has developed specific methodologies for industry-specific initiatives as well as for crisis management plans for data security breaches or other emergency situations. These methodologies ensure that every client receives customized approaches from day one that fit each unique organization’s needs and objectives.

Despite these advantages, however, nothing is perfect, including using the services of business consultants from PwC:

  • their fees may be higher than those for smaller firms;
  • their global scope may make them less accessible to local audiences; and
  • there is always potential room for miscommunication when working with an outside entity on internal decisions or strategy planning.

Nonetheless, by understanding these risks and taking appropriate steps to mitigate them through careful preparation upfront combined with diligent follow up after each engagement, businesses can enjoy the full benefit of engaging with PwC while minimizing these risks along the way.