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The firm implemented the SAP HR system for the Los Angeles Unified School District (LAUSD) for $95 million and because of faults in the system, some teachers were underpaid, overpaid, or not paid at all. [63] [64] As of 31 December 2007, LAUSD had incurred a total of $140 million in payments to Deloitte to get the system working properly. [65]
None of the "firms" within the Big Four is actually a single firm; rather, they are professional services networks.Each is a network of firms, owned and managed independently, which have entered into agreements with the other member firms in the network to share a common name, brand, intellectual property, and quality standards.
In management, information technology consulting (also called IT consulting, computer consultancy, business and technology services, computing consultancy, technology consulting, and IT advisory) is a field of activity which focuses on advising organizations on how best to use information technology (IT) in achieving their business objectives and goals, but it can also refer more generally to ...
Georgia’s contract with Deloitte to build and maintain its system for health and social service programs, inked in 2014, as of January 2023 was worth $528 million.
Prior to its acquisition by Deloitte in January 2013, Monitor Deloitte was an American strategy consulting practice known as Monitor Group, which filed for chapter 11 bankruptcy in 2012. [3] It was founded in 1983, by Michael Porter and five other entrepreneurs with ties to the Harvard Business School . [ 4 ]
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At the end of the next day, the company disclosed a large increase in quarterly profits and sales, whereupon the stock price jumped to $46. Had the executives' options been granted after the information had been released, they would have been worth $7.8 million less. (Siebel Systems denies any wrongdoing in connection with the incident (p. 163).
Foutty was named as CEO and chairperson for Deloitte Consulting in 2015. [4] During her tenure, she grew the business by $10 billion and led the company through the process of digital transformation. Prior to her time as CEO she led Deloitte's Federal and Technology businesses, including the launch of Deloitte Digital. [5]