SWOT analysis of Ernst and Young analyses the brand/company with its strengths, weaknesses, opportunities & threats. In Ernst and Young SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.
SWOT Analysis is a proven management framework which enables a brand like Ernst and Young to benchmark its business & performance as compared to the competitors and industry. As of 2020, Ernst and Young is one of the leading brands in the management & consulting sector.
The table below lists the SWOT (Strengths, Weaknesses, Opportunities, Threats), top Ernst and Young competitors and includes Ernst and Young target market, segmentation, positioning & Unique Selling Proposition (USP).
| Ernst and Young Brand Analysis | |
|---|---|
| Parent Company |
Ernst & Young |
| Category |
Financial Services |
| Sector | |
| Tagline/ Slogan |
Building a better working world, Quality in everything we do |
| USP |
EY (Ernst & Young) have expertise in audit and financial services. |
| Ernst and Young STP | |
| Ernst and Young Segmentation |
All industries |
| Ernst and Young Target Market |
Fortune 500 companies and other big organisations |
| Ernst and Young Positioning |
EY is a financial consulting firm providing quality solutions globally |
| Ernst and Young SWOT Analysis | |
| Ernst and Young Strengths |
Below are the Strengths in the SWOT Analysis of Ernst and Young: 1. EY was ranked by Forbes magazine as the 8th largest private company in the United States 4. Workforce consists of the best talent pool from across the world 5. Over 150,000 employees form a formidable workforce at Ernst & Young 6. EY offers expert services in assurance, tax advisory, consulting, financial advisory and legal solutions 7. Acquisitions and mergers have strengthened the brand's position in the business 8. Crisp marketing campaigns directed at enterprises and corporates are a huge success for EY brand 9. Sponsorship of various global events related to sports, knowledge etc give a huge presence to EY |
| Ernst and Young Weaknesses |
Here are the weaknesses in the Ernst and Young SWOT Analysis: 1. Strong competition from other major players means growth is slow for EY 2. Companies setting up their own research centres affecting business |
| Ernst and Young Opportunities |
Following are the Opportunities in Ernst and Young SWOT Analysis: 1. EY have immense opportunity in emerging economies 3. Companies continuously looking for consulting solutions 4. Acquiring smaller consulting firms can establish EY's position strongly |
| Ernst and Young Threats |
The threats in the SWOT Analysis of Ernst and Young are as mentioned: 1. They have allegedly had many lawsuits filed against them e.g. they were involved in Lehman Brothers, they were also sued by Akai Holdings etc. 3. Fluctuating global currencies affects operations 4. Increasing competition can reduce market share of Ernst & Young |
| Ernst and Young Competition | |
| Competitors |
Below are the top 9 Ernst and Young competitors: 2. Accenture 5. KPMG 6. Boston Consulting Group BCG 7. A T Kearney |
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
Similar analysis has also been done for the competitors of the company belonging to the same category, sector or industry. Browse marketing analysis of more brands and companies similar to Ernst and Young. The BrandGuide section covers SWOT Analysis, Competitors, Segmentation, Target Market, Positioning & USP of more than 2800 brands from over 20 industry sectors.
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