Paul O\u2019Flaherty is the EY-Parthenon Africa leader.<\/p>\n
Since 2001, he has worked as both CFO and CEO in the listed company environment as well as the public sector and in family-owned businesses. He has worked in South Africa, across Africa, as well as in the Middle East and the US.<\/p>\n
O\u2019Flaherty is a qualified chartered accountant and has diversified industry experience including mining, infrastructure, energy, manufacturing, trading, steel manufacturing and financial services,<\/p>\n
He carries in-depth experience within corporates in public offerings and debt-raising locally and internationally. He\u00a0also has regulatory experience in Africa in the energy and financial services industries.<\/p>\n
In this episode of Business Talk, he talks to Michael Avery about the rise of long-term value creation and sustainable business practices, and how these must be integrated into the day-to-day strategy of the business.<\/p>\n
Businesses are operating within an eco-system of stakeholders that are looking to it to understand their compelling cause or reason for being beyond solely profits.<\/p>\n
Unless the focus on broader stakeholder outcomes is embedded across the whole organisation, most of a business\u2019s stakeholders – investors, regulators, consumers and broader society – may not believe that it is indeed focused beyond profit.<\/p>\n
According to the EY Long-Term Value survey:<\/p>\n
Institutional investors want companies to make clear how they are creating long-term value, so:<\/p>\n
Trust in business standing at only 58%. A case for change has therefore never been clearer. O\u2019Flaherty takes a deeper look at this, sharing more insight into EY\u2019s response to the pressing strategic challenges business is faced with.<\/p>\n
EY-Parthenon is EY\u2019s sector-led strategy consulting business with the expertise of more than 6,500 professionals, globally, who advise C-Suite on transformative corporate, transaction and turnaround strategies that will work in the real world, from idea to implementation, to build long-term value.<\/p>\n
The full interview is embedded below. You can find all the Business Talk with Michael Avery interviews here<\/a>.<\/p>\n