The Exit Memo

The Exit Memo

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KPMG's Incoming Global CEO Shaped the Culture Now Under Investigation. This Week He Flew In to Fix It.
KPMG credits Gary Wingrove with 'nearly doubling revenue and reshaping the culture' during his eight years running the Australian firm.
Jul 31 • The Alumni Partners
We Were in the Room When the Numbers Got Made
Almost every Big 4 and MBB report you have ever cited was built backwards. We know, because we helped build them.
Jul 29 • The Alumni Partners
What It's Actually Like Being a Big 4 Partner
Seventeen accepted meetings. One washroom break. Three amazings.
Jul 27 • The Alumni Partners
What Happened to the Partner Track (And What It Says About Everything Else)
The buyers changed what they paid for. The firms changed what they selected for. We were in the room.
Jul 27 • The Alumni Partners
Americanas Fired Its Auditor Six Days After the Letter Arrived
Brazil's largest accounting fraud, two Big 4 firms, and a rotation rule that gave the client an exit at exactly the right moment.
Jul 27 • The Alumni Partners
The Operator Paradox: Why Consulting Firms Reject the People Clients Actually Want
The partnership model selects for origination. Clients select for operational experience.
Jul 27 • The Alumni Partners
McKinsey Should Hire McKinsey to Fix McKinsey
As it enters its second century, the world's most famous consulting firm is shrinking, losing ground to BCG, and counting AI agents as part of its…
Jul 26 • The Alumni Partners
A Complete Inventory of Our Hypocrisy
A transparent accounting of every way we still benefit from the system we spent last week criticising
Jul 24 • The Alumni Partners
PwC Australia: The Scandal That Proved the Walls Don't Work
Confidential intelligence. Three signed agreements. Fifty-three partners. One dollar.
Jul 24 • The Alumni Partners
To a Big 4 Partner, Everything Is Amazing
Field notes on the last adjective left in professional services.
Jul 23 • The Alumni Partners
PwC Failed Babcock's Audit Four Years Running
The combined fines across two investigations amount to less than 0.14% of PwC UK's annual revenue. The firm calls it a commitment to continuous…
Jul 23 • The Alumni Partners
I Watched Three Firms Pitch for the Same Mandate Last Month
The frameworks are different. The labels are different. The slides are identical. A Field Report from a former partner who has been on both sides of the…
Jul 23 • The Alumni Partners
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