PWC Mission Statement 2023 | PWC Mission & Vision Analysis

PWC Mission Statement, PWC Mission & Vision Analysis, PWC Vision Statement, PWC Mission, PricewaterhouseCoopers Mission Statement, PWC Mission Statement, PricewaterhouseCoopers Values

PWC’s mission statement is “to provide an unrivaled level of service and to contribute to the sustained growth of the economy through the execution of vigorous, fair, and high-quality audits based on clear leadership and creative teamwork.” It underscores the company’s determination to distinguish itself through high-quality and undisputable audit services that meet the needs of its customers. The statement also identifies the importance of teamwork as a success factor. One can draw the following components from this statement:

  1. It is exceeding expectations. PWC (PricewaterhouseCoopers) shows that the company’s work is wider than the minimum standards in the sector. It has set its bar far above this as evidence of how much it values thorough and informed audits. PWC Services defines itself as a smart-based corporation without limits in what it can do to help its clients make their dream goals a reality.
  2. It has sustained economic growth. PWC focuses on guiding its clients to make the most informed financial decisions. The company enables its clients to understand their economic positions and links them with value-based strategies that can propel growth. For instance, PWC research and insights show just how critical this component is to the status PWC continues to build for itself as a company that can deal with any economic challenges as they arise.
Table of Contents
1. PWC Mission Statement
2. Vision Statement
3. Core Values
4. References

PWC Mission Statement

The framing of the PWC (PricewaterhouseCoopers) mission and vision statement indicates the company’s understanding of the sensitivity of proper audits for the sustained growth of firms. This may be the primary reason PWC stands out as a top audit company with a reputation that precedes it globally. The ability to maintain high-level and dependable services is directly associated with the company’s corporate statements.

The fact is that a vision statement is a critical tool for a company because it sets the desired future that everyone within the establishment should be working towards. In the case of PWC, the management has done this by zeroing in on two impacts the company expects to have progressively on its clients. This success depends on the mission statement outlining the company’s strategic methods going forward.

PWC (PricewaterhouseCoopers) is very definite in the techniques it uses while at the same time emphasizing the level of quality. With its core values, a company sets itself in a progressive motion, which PWC enjoys with its strong values, such as working together and integrity.

See also: Microsoft Mission Statement 2023 | Microsoft Mission & Vision Analysis

Vision Statement

PWC’s vision statement is “Our purpose is to build trust in society and solve important problems.” The statement shows that PWC is a service-oriented company by listing the key impacts it wants to have where it operates. The elements emerging from this vision statement comprise:

  1. Build trust. Creating relationships through quality services has kept PWC at the top of the industry, making it a household name across the globe. Moreover, to satisfy this aspect of its vision statement, PWC has started its global entertainment and media outlook as part of its larger program of relating more with its clients.
  2. Solve important problems. PWC is a company that has shown that it enjoys conquering challenges. The firm puts itself out there to take its clients through the most trying economic moments, and this is how it has earned itself the reputation of a dependable audit company.

Core Values

PWC’s core values include “integrity, making a difference, caring, working together, and reimagining the possible.” These values ensure the company’s operations remain streamlined, work seamlessly with each other, and are focused on its primary goals. They can be broken down into:

  1. Integrity
  2. Work together
  3. Care
  4. Reimagine the possible.
  5. Make a difference.

To meet the needs of these values, PWC creates an environment that ensures all stakeholders are reliable in the execution of their duties. The system is also interactive to promote cooperation as a value, and this also relates to the need to be sensitive to each other, including the clients. With this, PWC can exploit this togetherness to stimulate the company to face any challenges and, by doing so, satisfy the last value by being the game-changer in coming up with solutions.

References

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  • Brabet, J., & Klemm, M. (1994). We share the vision: company mission statements in Britain and France Long Range Planning, 27(1), 84–94.
  • Cady, S. H., Wheeler, J. V., DeWolf, J., & Brodke, M. (2011). Mission, vision, and values: what do they say? Organization Development Journal, 29(1)
  • Chun, R., & Davies, G. (2001). E-reputation: The role of mission and vision statements in positioning strategy Journal of Brand Management, 8(4), 315–333
  • Collins, J. C., & Porras, J. I. (1991). Organizational Vision and Visionary Organizations, California Management Review, 34(1), 30-52.
  • Hahn, R. (2013). ISO 26000 and the standardization of strategic management processes for sustainability and corporate social responsibility Business Strategy and the Environment, 22(7), 442-455.
  • Kaplan, R. S., & Norton, D. P. (2001). Transforming the balanced scorecard from performance measurement to strategic management: Part I. Accounting Horizons, 15(1), 87–104.
  • Klemm, M., Sanderson, S., & Luffman, G. (1991). Mission statements: Selling corporate values to employees Long-range planning, 24(3), 73–78.
  • Pearce II, J. A. (1982). The company’s mission as a strategic tool Sloan Management Review (pre-1986), 23(3), 15.
  • PWC: Home
  • Rumelt, R. P. (2012) Good strategy or bad strategy: the difference and why it matters Strategic Direction, 28(8)
  • Swales, J. M., & Rogers, P. S. (1995). Discourse and the projection of corporate culture: The mission statement Discourse & Society, 6(2), 223-242.
  • Urde, M. (2009). Uncovering the corporate brand’s core values. Management Decision, 47(4), 616–638.
  • Weiss, J. A., & Piderit, S. K. (1999). The Value of Mission Statements in Public Agencies Journal of Public Administration Research and Theory, 9(2), 193-224