It is money that makes money. A corporation has a lower tax rate than an individual. Earn a profit, give the government a relatively small cut, and then put the profits to work earning more money. “Crafty Consultants, Inc.” has built up $40,000 in retained earnings over the past few years.
How many times today have you checked your WhatsApp, your Instagram or Facebook feed, perhaps Twitter or the local news for more information about Covid-19? Five? Ten? Twenty or more? This is a clear indication that during times of crisis we crave information. We are hungry for clarity, for direction and for leadership.
In response to industry demand, ProfWeb, a specialist professional services company,
is hosting its renowned Principles of Professional Consulting (PPC) course on the 23rd and 24th June
2011 at the Sandton Hilton. The course, recognised by the Institute of Management Consultants of
South Africa (IMCSA), targets professional consultants and is intended to give both seasoned
consultants and newcomers to the sector a comprehensive overview of the principles of professional
The Common Body of Knowledge (CBK) is about knowledge and the associated learning. It is not a framework for determining competency. This is addressed by the competency framework, the description of which is contained in the body of knowledge. Knowledge and learning are the inputs in a process which results in competency, which is the output of outcomes based learning.
Nobody knows everything. All too often our own interests, our limited skills and the immediacy of our problems cloud our ability to make sound judgements, or even to see a solution. That’s where a consultant can step in and provide an answer. Independent and objective consultants offer expert knowledge, experience and raw talent, at a price.
Outsourcing is an executive tool that can reduce/contain costs, mitigate risk, eliminate areas of capital expenditure, move fixed costs to variable costs and reduce headcount. Outsourcing has become one of those concepts that has changed perceptions over time. It has been around in one form or another for many years, but the staggering growth of the market has refocused attention on the reasons, benefits and pitfalls of these increasingly important decisions. Many large organisations have embarked on huge cost-cutting exercises over the last few years. The glaring exception in many cases has been IT, which in some cases has risen by as much as 20% per year. The argument may be that effective application of IT has resulted in some of these savings, although that needs to be proven or justified in each case.