Business consulting services
Our business consulting services can help you improve your operational performance and productivity, adding value throughout your growth life cycle.
Business process solutions
We can help you identify, understand and manage potential risks to safeguard your business and comply with regulatory requirements.
Business risk services
The relationship between a company and its auditor has changed. Organisations must understand and manage risk and seek an appropriate balance between risk and opportunities.
As organisations become increasingly dependent on digital technology, the opportunities for cyber criminals continue to grow.
Forensic and investigation services
At Grant Thornton, we have a wealth of knowledge in forensic services and can support you with issues such as dispute resolution, fraud and insurance claims.
Mergers and acquisitions
Globalisation and company growth ambitions are driving an increase in M&A activity worldwide. We work with entrepreneurial businesses in the mid-market to help them assess the true commercial potential of their planned acquisition and understand how the purchase might serve their longer- term strategic goals.
Recovery and reorganisation
Workable solutions to maximise your value and deliver sustainable recovery
Transactional advisory services
We can support you throughout the transaction process – helping achieve the best possible outcome at the point of the transaction and in the longer term.
We provide a wide range of services to recovery and reorganisation professionals, companies and their stakeholders.
The International Financial Reporting Standards (IFRS) are a set of global accounting standards developed by the International Accounting Standards Board (IASB) for the preparation of public company financial statements. At Grant Thornton, our IFRS advisers can help you navigate the complexity of financial reporting from IFRS 1 to IFRS 17 and IAS 1 to IAS 41.
Audit quality monitoring
Having a robust process of quality control is one of the most effective ways to guarantee we deliver high-quality services to our clients.
Global audit technology
We apply our global audit methodology through an integrated set of software tools known as the Voyager suite.
Corporate and business tax
Our trusted teams can prepare corporate tax files and ruling requests, support you with deferrals, accounting procedures and legitimate tax benefits.
Direct international tax
Our teams have in-depth knowledge of the relationship between domestic and international tax laws.
Global mobility services
Through our global organisation of member firms, we support both companies and individuals, providing insightful solutions to minimise the tax burden for both parties.
Indirect international tax
Using our finely tuned local knowledge, teams from our global organisation of member firms help you understand and comply with often complex and time-consuming regulations.
Innovation and investment incentives
Dynamic businesses must continually innovate to maintain competitiveness, evolve and grow. Valuable tax reliefs are available to support innovative activities, irrespective of your tax profile.
Private client services
Our solutions include dealing with emigration and tax mitigation on the income and capital growth of overseas assets.
The laws surrounding transfer pricing are becoming ever more complex, as tax affairs of multinational companies are facing scrutiny from media, regulators and the public
Tax policies are constantly evolving and there are a number of complex changes on the horizon that could significantly affect your business.
Outsourcing Changes to the Outsourcing legislation, specifically when offshoringSignificant changes to the dynamic of the financial services sector in recent years have shifted the paradigms in how we work. The increased digitisation of the workforce, changes in business models, globalisation, and remote working capabilities have led to a new approach to the delivery of services.
Asset management Inflation and tax planningThe recent onset of rapid inflation is an unwelcome development that is having a widespread impact on US businesses and tax planning.
The changes in the business landscape since March 2020 present an opportunity for organisations to create a more inclusive, innovative culture, in which all their employees are engaged. But in order to take advantage of this unique window in time, leaders need to utilise particular skillsets.
As part of our 2021 Women in Business report, Grant Thornton asked the senior management of mid-market firms which leadership traits would be required in a world reshaped by the pandemic to ensure success in 2021 and beyond. Unsurprisingly, being adaptive to change is the top choice, followed by the ability to innovate and be collaborative across the business.
A new breed of manager
A core attribute has also emerged that hasn’t previously featured in the Women in Business research: more than a fifth of respondents feel empathy is a vital characteristic for today’s leaders. The ability to connect with and understand different perspectives has come to the fore during the recent crisis.
“COVID has changed the relationship between employers and employees, between managers and their people. Those leaders who are empathetic, who have leant in, have connected with people differently,” says , global leader – leadership, people and culture, at Grant Thornton International.
Attributes such as empathy have traditionally been associated with female leaders, whether accurately or not.
“Being an empathetic leader is about how you listen and act. Everyone has that quality within them, but for various reasons, women may be perceived to have had more practice,” says Joy Taylor, national managing partner – operational and organizational transformation, at Grant Thornton US. “Empathetic leaders aren’t demanding; they welcome their colleagues and teams to join them on the journey.”
In the post-pandemic world, empathetic leaders will be the ones who get the most out of their teams. “You need to have an environment and culture where your people feel safe to speak up, ask questions, challenge the status quo, and where leaders and those responsible for leading teams show up every single day and live the core tenets of D&I,” says Kim Schmidt.
Winning hearts and minds
Organisations that recognise this shift, and encourage empathy in leadership, will be better positioned to attract and retain talent, believes Anna Johnson, CEO of Grant Thornton Sweden. “As people become more purpose-driven in their work, they want to see an employer who shares their priorities. People are thinking, ‘Do I have the same values as the company that I work for? Is what I’m doing at work every day valued by me?’”
Grant Thornton’s research indicates that softer skillsets will characterise management styles in the new normal. “We are talking about diversity, we are talking about inclusion and we are talking about a new style of leadership that has become evident during this crisis,” says Ramón Galcerán, CEO of Grant Thornton Spain. “A leadership style that responds to the current situation, and to the future situation.
“It is a more social, empathetic, communicative leadership, where the leader is the person who makes things happen; to do so is inclusive and creates a collaborative environment where people feel safe to contribute ideas.”
With COVID-19 driving change in the perception of what should characterise a leader, businesses need to focus on more empathetic, more transparent leadership.
Find out more by downloading the full Women in Business report