-
Business consulting
Our business consulting services can help you improve your operational performance and productivity, adding value throughout your growth life cycle.
-
Business risk services
We can help you identify, understand and manage potential risks to safeguard your business and comply with regulatory requirements.
-
Data analytics center
Unlock the power of data with our expert Data Analytics team. We are a dedicated group of professionals who are passionate about harnessing the potential of data to drive informed decision-making and business growth. With our extensive knowledge and cutting-edge tools, we provide comprehensive data analysis solutions tailored to meet your specific needs.
-
Asset management
Grant Thornton’s profound experience and deep knowledge of asset management (AM) systems and registers development is based on successful implementation of large scale and complex projects in CIS region and beyond its borders.
-
Human capital advisory
Grant Thornton Armenia's human capital advisory services are designed to deliver the results you want throughout the entire lifecycle.
-
Sustainability and ESG advisory
Embark on a transformative journey with our comprehensive Sustainability and ESG services, designed to support your organization's sustainability transition and drive a meaningful impact.
-
Recovery & reorganisation
We provide a wide range of services to recovery and reorganisation professionals, companies and their stakeholders.
-
Transactional advisory services
We can support you throughout the transaction process – helping achieve the best possible outcome at the point of the transaction and in the longer term.
-
Cybersecurity
Grant Thornton will assist you with raising the level of your protection, offering services in the area of cybersecurity.
-
IFRS
At Grant Thornton, our IFRS advisers can help you navigate the complexity of financial reporting.
-
Audit quality monitoring
Having a robust process of quality control is one of the most effective ways to guarantee we deliver high-quality services to our clients.
-
Global audit technology
We apply our global audit methodology through an integrated set of software tools known as the Voyager suite.
-
Legal advisory
Legal advisory involves a wide spectrum of corporate legal consultancy ranging from incorporation and liquidation matters, legal representation, litigation, ad-hoc legal advice, provision of legal opinions to execution of due diligence and structuring deals from a legal viewpoint.
-
Business process solutions
Our business process solutions team provides a range of services to support clients of all sizes, from small to medium enterprises (SMEs) through to the largest international businesses.
-
Tax advisory
We advise our clients on all aspects of corporate tax strategy development and tax planning, tax issues arising from formation or acquisition of a company and provide an overview of local and international perspectives.
-
Energy & environment
Energy and resources markets worldwide are undergoing major changes. With growing energy demand, developments in new forms of energy and the need to invest in a sustainable future, significant shifts in these sectors are taking place all over the world. At Grant Thornton, we can help you prepare for these changes and stay one step ahead of your competitors.
-
Oil & gas
Oil & gas
-
Mining
Rising operating costs, challenging capital markets and falling commodity prices are putting miners to the test worldwide, but dynamic companies can still thrive. At Grant Thornton, we can help you make the most of these opportunities and unlock your potential for growth.
-
Private equity
We bring together international teams from corporate finance, restructuring and turnaround, taxation and assurance services that provide bespoke solutions – from investment, through the growth phase to exit.
-
Asset management
Grant Thornton’s profound experience and deep knowledge of asset management (AM) systems and registers development is based on successful implementation of large scale and complex projects in CIS region and beyond its borders.
Mastering Social Media in Charities: Insights from Mark Oster
How can charities hope to master and benefit from social media unless they understand its full potential and risks? Our new report, ‘Growing communities: How charity leaders govern social media globally to thrive online’ , reports on our interviews with charity CEOs from Australia, Canada, Ireland, New Zealand, the UK and the US. We found that for many nonprofits there is a knowledge gap between executives and staff when it comes to understanding social media. This gap means that decision makers are not always fully aware of how social media can best be leveraged.
Social media is both immediate and interactive. It forces change: people must learn to operate in a new environment under a new set of guidelines. Charities that master the power that social media brings to relationship management will gain the attendant rewards; those who don’t will be left behind.
The interviews we conducted for the ‘Growing communities’ report revealed that education and training are largely provided to a few key team members who are tasked with delivering social media output.
What they learn is valuable, but every level in the organisation could benefit from a systematic approach to social media training. From volunteers to senior management, education at every tier of the structure will mean that social media is being used to fulfil the goals of the charity. For example, reverse mentoring programmes, such as those used at Charity Finance Group in the UK, pair senior and junior staff so that social media knowledge can be passed between levels.
Social media often blurs the line between work and personal communication, posing challenges and risks for organizations. While general guidelines and staff training provide some support, inappropriate use of social media remains a concern. Most interviewees admitted to lacking definitive social media policies, and those with policies expressed caution about self-moderation without consistent training. Social media guidelines and training must extend beyond professional staff to include volunteers, who are often perceived as representatives of the organization, even when communicating personally. Similarly, Trustees should be familiar with these policies to ensure alignment and mitigate risks effectively across all levels.
Charities that embrace social media can become more engaged, dynamic, and experimental. Nonprofits could learn from LEGO, where senior management is encouraged to take social media exams after completing a one-day theory and practical training course. This course ends with a status update posted on LEGO’s four-million-strong Facebook page. “You see the nervousness when they realize they need to communicate with customers,” said Lars Silberbauer, LEGO’s global director of social media, at a 2013 Marketing conference. “But when they get 500 likes, that’s when they truly understand the power of social media.”
Mark Oster is National Managing Partner, Not for Profit and Higher Education Practices, Grant Thornton US.