Life is changing faster than anyone ever imagined and industry
players are learning to embrace change in a dynamic world. Factors
such as regulation, globalization, technology and consumer behavior
continuously demand changes within our environment, particularly
the business environment.
The consulting industry is not left out. There's a "new
normal" and in Africa, the Consulting Practice has had to
adapt to remain relevant in this "new normal". This
article discusses three of the dominant factors
changing our world and articulates a Consultants' Creed,
especially in Africa, to staying relevant.
1. Regulation
Navigating regulatory hurdles is a daunting task with companies
thinking of how best to comply and yet compete effectively in their
respective industries. With new regulations come higher demands and
new levels of accountability. This is regularly seen in the
Professional Services industry