Sure! E&Y is a professional services firm and one of the Big Four, the others being Deloitte, KPMG, and PwC. Its roots are actually in England in 1849, and the E&Y is due to the 1989 merge of Ernst and Whitney, as well as Arthur Young in 1989. What sets you apart from the other four is the Globailization, you have four global regions and each has its own independent management structure, as opposed to the other competitors which are more centralized.
There's four parts, Assurances, Tax, Advisory, and TAS (which is the one that I'm going for). TAS stands for Transaction Advisory Services, which helps with capital agenda,
And James Turley is the CEO, he is a Rice graduate, I think he has a BA in Accounting and started his company working at the Houston firm. So he definately leaves some strong footprints to fill.
There were some recent things that happened. I know TAS expanded by acquiing Jerffrey Parker and Associates, a leading financial advisory firm focusing on infrasture. Another is that yesterday, E&Y has topped the list of Kenndy Consulting Research and Advisory, among the top 20 with a 7% market share. The last is that I read that 6 new people were announced to join TAS and one of them, Olian Boston, is joining as an OTS principal with 15 year of management consulting and with Deloitte, will work with M&A, and restructuring in healthcare and pharmeceutical sectors.
It comes down to core values, which was very well aligned with what I had. I've learned a long time ago that an organization is only as good as its people. It's about the people. I met Josh Burton, a Rice graduate, and an Army aviator, and we have similar backgrounds. A Navy friend of mine, Ryan Elkins, also interned with E&Y as well. Before that he really helped me in my application to business school (coming from the military), and of course, a guy of his character would go on to work at E&Y. A good friend of mine worked at E&Y before she got married and started traveling around the world, Rachel Gupta. I also did an pre interview with Elizabeth Dibbs, and she was really insightful. The feedback showed me something that I hadn't thought about myself.
A great employee base enables a more tight-knit camaraderie between junior associates with upper management and it translates to greater interaction with clients because attitudes are contagious. As a leader, I found that I could best lead and mentor in an environment in which I saw my coworkerrs as individuals rather than just part of a crowd. I believe that the best way to instruct is from a small and tightly knit base, and this is why E&Y is a perfect fit to my working philosophy.
TAS is one of the four principals within E&Y. It's about 9000 employees, and it focuses on corporate development, transaction tax support, real estate, company valuation and business modeling, working capital, and operational transaction services, restructuring.
The reasoning here is that business evoles and never stays stagnant. Even if a client is stable one moment, will never gauarantee that next fiscal year. Because you have to make money, there's lots of factors: Profit, which is an indication of revenue VS costs. Fixed costs, variable cost. market sizing, market share. External factors like the economy or industry, or internals like corporate structure and strategy.
If I remember correctly, the OTS group focuses on maximizing the value created from a transaction, primarily by trying to maximize operating efficiencies, minimize costs, and help get the most out of the potential synergies avaiable between two firms (in the event of a merger or acquisition). The best way to put it is "get the most possible", which is what any self-respecting client would want to do. And that extra can be passed down to the shareholders, stakeholders, or even the customers, and everyone benefits.
I've been in government service and military service, and I can see how some aspects isn't exactly efficient. Things don't change sometimes because "that's' the way it's always done", others cling to it because it's "tradition".
I know the OTS is very hands on, whether it's 0 day planning to 100 days into the project, it does three important things: deliver financial benefits, accelerate transcation/inmplementation process, and maximize risk.
I have little to know business background, coming straight out of the military. However, in the military I learned about problems. I've noticed that I would be consulted to resolve lots of problems, whether its a simple pay issue, to something as serious as a suicide attempt.
Problems with efficiency, manpower, management. I want to 1) help people solve problems and 2) learn about the business environment. And that's what consulting does, you work with different areas, different companies, and different types of people, and tackle on problems. I feel that this "general" format is best suited to educate me as I move forward into the business environment. You eat, breath, sleep it. I want to learn the most possible in the minimum amount of time, and that's why management consulting is something I am very much looking for.
the fact that I became something from nothing, I became someone, and I want to pass on what I've learned.. I wasn't the most talented person growing up, and I have to say that I didn't experience exactly the most stable family enviroment. It took a few mentors to get me on the path to success. I went from overweight teenage nerd who got picked on by everyone, to a confidence naval officer and aviator. I went from being over weight to running a 3.5 mile marathon.
And this is something, I was almost killed in 2011. A big part, was killed in 2011, in the Navy SEAL crash. I felt that some how, I was spared for a reason. A year later, exactly the anniversary, I stared the Jones school.
I look back and see where I was, where I am now, and where I'm going forward. That's why I want to help people, and that's why I want
this is a pretty touchy subject for me, but there was a girl that I met in recruit training, who was the mirror image of myself. She also was Asian, college educated, athletic (college athlete) and ENLISTED to serve his country. She's beautiful. We went on to different stations and we kept in touch.
While I would went up, she had some rough experiences. There are some Navy in predators, one of them deliberately got her drunk, and then slept with her. She got pregnant because she was so religious and naive she believed all the lies that he told her. They got married, and he used to her to his advantage. Took her money, had her finance everything. And meanwhile, he had the kid and he was using her. And on all of this, he started hitting her, and he was also seeing other women. He has 4 different children from four different moms.
When this girl called me, she was crying and whatnot. By this time, I was a young Ensign in flight training. Already a stressful situatin for me. I consulted my own chain of command, but was told "no, you're in different duty stations, let her command handle it." But they weren't. When something like this happens, commands look the other way. They're just aren't enough resources to look after them all. Some even have the "screw them, they're enlisted. Not my problems."
I did everything I could. I called our old friends, my old Drill Instructors. I compiled a list. And when I finally did, I called up his division officer and told him the whole story.
It started the ball rolling. They got divorced, and I submitted a written testimony. She got custody of the kid, and she ended up seperating from the military. She would go to law school on the GI Bill, as a single mom, and she recently gradated and works at the County of San Diego.
I bring a diverse and unique background to the table.
I bring to E&Y a unique experience and a story of succeeding against all odds, I came from a broken family, I went from enlisted man cleaning toilets to flying jets, I overcame odds even after I nearly was killed. Each event and accomplishment added a little lesson that I incorporated into my life story, I want to tell my story to inspire others to overcome their own obstacles. Clawing my way up from the bottom has been the theme of my life, every accomplishment earned by blood, sweat, and tears. It might not be the best aaccomplishment, but it was my own, and it's really a testiment of both physical drive, and several people, few who are no longer here. I bring a strong work ethic, drive, and the desire to succeed at all costs, even at the expense of my personal health.