Partnering for success

Today we announced our new partners for 2015, a firm record of 51 new partners and executive directors reflecting the firm’s business growth and market confidence.

Again this year, the firm’s Advisory division attracted the lion’s share of new partners (50 percent) – dominated by Management Consulting and Deal Advisory. This is led by strong indications that large corporates will have more appetite for mergers and acquisitions in the coming year with corporate balance sheets, broadly, in good health.

In support of our aggressive growth plans for both the Private Enterprise and Tax practices, these divisions each attracted 18 percent of new partners; with Audit 10 percent and Shared Services (internal) 4 percent.

But the largest sector investment went to financial services, infrastructure, government and healthcare – with 22 new partners.

This year there is a shift from our ENR focus of previous years.  However, the trend towards financial services, infrastructure, government and healthcare services is directionally positive for a more diversified Australian economy for the longer term.

Another record is that 37 percent of partner appointments this year were to senior female executives, up from 24 percent last year. Significantly, a record 56 percent of internal promotions to partner were to females. This achievement is direct result of the concerted and disciplined efforts we are taking to create a level playing field for the career success of women in our firm.

Our business is redefining the way it operates: moving nationally to agile workplaces and increasing the need for collaboration among our divisions and service offerings. A key business driver is managing our workforce to achieve greater flexibility and productivity: building a more mobile, scalable and productive workforce.

This is really starting to make a difference for many of our people – both men and women. A number of our new female partners this year are on flexible working arrangements, working three and four days per week. And three women were promoted to partner positions while on, or about to take maternity leave.

The success of a professional services partnership pivots on the specific talents of highly skilled individuals. Their passion and drive is an integral part of the firm’s success.

I take great pride in announcing all our new partners and congratulate them on the significant milestone they have achieved today.

For a full list of new partners read the media release.

More from Gary Wingrove on the KPMG Newsroom

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Innovate, adapt and invest – critical actions for a positive future. February 2015

Violence against women: a conversation that needs to happen in every workplace March 2015

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