Australian banks must evolve or risk falling into the commodity trap of pushing undifferentiated products and services in a highly competitive market, according to a PwC Strategy& report released today.
PwC Australia has recruited former Australia and New Zealand Banking Group Limited (ANZ) CEO, Mike Smith OBE, as a Senior Advisor to support PwC’s growing Asia Practice and work with clients on executive leadership and development, as well as board and investor engagement.
In the newest PwC global report benchmarking 30 major cities, Sydney has been ranked 10th overall, equal first for ‘Sustainability and the natural environment’ and third for ‘Health, safety and security,’ but it needs to become more ‘tech ready’ to be one of the world’s leading Cities of Opportunity.
Australian organisations are using data analytics retrospectively to see what has gone wrong and why, but gut instinct still trumps gigabytes when it comes to determining what actions should be taken in future, according to a report released by PwC Australia today.
Under a new initiative supported by the Australian Government, PwC will work with a wide range of iconic Australian employers to design and pilot a higher level apprenticeship programme that will create vocational pathways into professional, business, IT and financial services.