2. About The Company
Ernst & Young (trading as EY) is a multinational professional services firm
headquartered in London, United Kingdom
The firm dates back to 1849 with the founding of Harding & Pullein in England
Ernst and Young provides Advisory, Assurance, TAS(transaction Advisory) and
Tax people improve the performance of leading financial services clients
• Advisory-Developing strategies to help our clients manage risk effectively and improve performance
• Assurance-Providing peace of mind and confidence to companies, investors and regulators about financial
statements, information and processes
• Tax-Creating strategies that enable clients to manage and meet tax obligations while enhancing their financial
performance
• TAS-Helping organizations of all sizes evaluate and navigate transactions, maximizing opportunities and
minimizing risks
• Core Business Services-Enabling each of our service lines to deliver advice and solutions to their clients
3. HOW KNOWLEDGE TRANSFERRED IN ERNST and
YOUNG
Attrition is major concern in this industry
Thus, there should not be any impact on project
Therefore a central repository has to be maintained to
impart knowledge
As a result new employee does not face any problem
while handling project to have same efficiency
4. WAYS OF PROVIDING KNOWLEDGE
Internal Training, Corporate Training, Mock Training
From variety of modes (SAP, INFORMS,SAS)
From Central Repositories
From Business Partner Training
Specific designed Programs “DipIFR, ACCA, CFA,
CIA, ICA”
Knowledge from Research Paper
Knowledge from documents maintained by previous
employees
5. KNOWLEDGE MANAGEMENT FLOW
Tacit and Explicit
Knowledge
Gathered
Central Repository
Created
Knowledge shared
via employee
private ID
Knowledge
gathered is used
in various
applications like,
CFA, CIA, ICA
6. HOW TRAINING MODULES PROVIDE KNOWLEDGE
Company has 1000’s of modules and online training courses
Company has few compulsory courses to be done and rest
other on discretion of employee
Employee can choose any plan according to their choice
Company keeps on conducting workshop and seminars
Knowledge database also keeps track of the utilization of
modules and accordingly algorithms generate the individual
who utilized the medium most
7. How modules help in attrition
There is always scope of growth when you have more
knowledge
With variety of modules, employees had option to learn only
what will help them in future
Variety of options gave employees the option to absorb in
free provided knowledge
Thus, the option provided by company to learn more for free
helped company to retain their employees