The big four firm announced it will embark upon a long-term, strategic relationship with business ethics and corporate compliance advisory business LRN, to globally strengthen its commitment to ethics, culture and governance.
“Together, the PwC network of firms and LRN will develop innovative solutions in governance, culture and leadership in the areas such as strategy, talent, forensic investigations, enterprise risk management, and mergers and acquisitions,” PwC stated.
“They will also collaborate in advising and guiding PwC clients’ efforts in these areas.”
PwC joins a host of high-profile corporate clients for LRN, alongside the NFL, Pfizer, and Dell, who have all received advisory and education services to address ethics and regulatory compliance.
“At PwC, our purpose is to build trust in society and solve important problems,” said Dennis Nally, chairman of PricewaterhouseCoopers International.
“We are working to embed this purpose across our network and the work our firms and people do each day for clients from whom we see increasing demand to better develop and measure diverse and digital cultures,” Mr Nally added.
Dov Seidman, founder and CEO of LRN, noted the importance of incorporating new models, practices and systems into “human operating systems”.
“The world is not just rapidly changing; it is being dramatically reshaped – it operates differently. The implications are profound,” he said.
The announcement follows similar moves by fellow big four firm KPMG, which unveiled in late 2015 the acquisition of specialist performance consulting firm The Performance Clinic, led by former Cricket Australia physical performance manager Andrew May.