EY CEO Sees Revisiting Potential Spin-Off in a Few Years

The transcript discusses the context and challenges of Project Everest, a strategic initiative aimed at addressing conflicts in audit and consulting businesses. Despite its strategic rationale, the project was abandoned due to difficulties in achieving global partner consensus. The focus has shifted to clients and business growth, with significant achievements like promoting 960 new partners. The industry may revisit such initiatives in the future.

What was the main objective of Project Everest as described in the text?

What challenges did the organization face while executing Project Everest?

Why was Project Everest ultimately abandoned according to the speaker?

What is the current focus of the organization after abandoning Project Everest?

How does the speaker describe the overall performance of the business despite the challenges faced?