Director in Tax & Legal at Deloitte, Ellen Glazemakers tells us what brought her back to the firm after an absence of seven years. She also gives us insights on her role in the Best Managed Companies programme.
After spending the first 15 years of your career at Deloitte, you decided to pursue other challenges. What brought you back?
There’s something unique about working in a consultancy environment, as I’m sure every Deloitte alumni will agree. It’s challenging and rewarding in equal measure, and many are ‘bitten by the bug’. Deloitte’s innovative environment, the breadth of projects, and being surrounded by diverse and passionate colleagues and clients were definitely among the aspects that drew me back. Also, my time outside Deloitte had broadened my skillset and deepened my understanding of servicing clients, and I had the opportunity to integrate that newfound expertise in a new role at Deloitte: within Deloitte Private I am focusing on bringing the wealth of our expertise to strong private companies.
Seven years is quite a long time to be gone. How did Deloitte evolve in your absence?
By the time I re-joined Deloitte in 2018, the firm had changed in many ways. Which is to be expected, as it’s always been a dynamic environment. I discovered a much more diverse workforce, not only in terms of competencies, but also in terms of personality. And that’s something I find very positive as ultimately it helps us better serve our clients. The firm had also evolved hugely in terms of technology, both in the way we had transformed ourselves digitally, and also in our offering to clients. Lastly, the increased focus on sustainability stood out, and of course that focus has continued to grow in recent years.
What are some of the things that make you most proud to be a Deloitter?
Our wealth of expertise, and our ability to deliver outstanding service is something that continues to make me proud. Not to mention the ‘can do’ attitude that you find throughout the whole company. When I get a tough question from a client, I never say “no, we can’t.” I say “we can, just give me a day.” Which is why clients have such trust in us; they know we’ll find a way. That Deloitte mentality and energy stays with us even when we leave, and people recognise that.
"In an organisation like Deloitte,there are always opportunities for new roles."
Alongside your role as Director in Tax & Legal, you’re also a Best Managed Companies coach. What’s the programme all about?
The Best Managed Companies programme was established to recognise private companies operating at the highest levels of business performance. It started about 30 years ago in Canada and was launched in Belgium in 2017. Companies that want to obtain the Best Managed Companies label are evaluated by an independent jury on the four key domains we believe set high-performing companies apart: strategy, capabilities, commitment and financials. It’s a rigorous process based on a global framework, so being a Best Managed Companies laureate really says a lot about a company. But it’s more than just a label; the programme also has a community aspect that fosters ties and encourages cross-fertilisation between these high-performing companies.
What role does sustainability play in the programme?
Sustainability is high on every company’s agenda, and rightly so. Beyond being ‘the right thing to do’, customer preferences are shifting towards more sustainable products, employee expectations around sustainability are increasing, governments are imposing stricter environmental regulations, etc. To be a Best Managed Companies laureate, sustainability needs to be an integral part of the overall corporate strategy, meaning there should be a focus on sustainability to unlock new opportunities for growth and long-term durability. Companies can of course be at different maturities in their ESG journeys, so we’re looking for commitment and effort rather than a fixed measurement.
What does being a Best Managed Companies coach involve? And why is the coaching aspect of the programme so valued?
The coach plays a key role in guiding and supporting companies through the application process. We make sure they fully understand the framework and together with their management team, we go through their practices to see how they align with that framework. We share our insights, reflections and constructive criticisms. And I’m always impressed at how receptive companies generally are to our feedback. For some companies, coaching helps them see that they’re not there yet. And that can be really positive too. By leveraging the Best Managed Companies framework, and striving to achieve – and retain – the label, companies are pushing themselves to do better, and be better.
Where do you see yourself five years from now?
In some ways, that’s an easy question. Based on my track record, and on what’s important to me, I’m pretty sure that I’ll be in a challenging environment where technical expertise is valued, where chances are given, where the ESG focus is fully embraced, and where I’m surrounded by amazing people – because I truly believe that teamwork makes the dream work.
"We share our insights, reflections and constructive criticisms. And I’m always impressed at how receptive companies generally are to our feedback."