transformational leadership
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Treasury bans Bain and Co. from public sector contracts for a decade
National Treasury has banned consultancy Bain & Co. from tendering for public sector contracts for a period of 10 years for engaging in "corrupt and fraudulent practices" related to its contract at the SA Revenue Service (SARS).
The ban will run from 5 September 2022 until 4 September 2032.
"This restriction has been published on the National Treasury website and database for restricted suppliers. The restriction will apply to any other contract for services awarded to Bain & Co in the public sector."
Treasury said it was, in collaboration with SARS, "in the process of restricting Bain & Co, South African Directors through a phased approach".
The decision to ban the company comes seven weeks after the UK government banned it from competing for state contracts for three years.
Explain the relevance of transformational leadership within the context of recent developments at Bain and Company. Structure your answer around the four components of transformational leadership as proposed by Bass and Avolio.
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- Treasury bans Bain and Co. from public sector contracts for a decadeNational Treasury has banned consultancy Bain & Co. from tendering for public sector contracts for a period of 10 years for engaging in "corrupt and fraudulent practices" related to its contract at the SA Revenue Service (SARS).The ban will run from 5 September 2022 until 4 September 2032."This restriction has been published on the National Treasury website and database for restricted suppliers. The restriction will apply to any other contract for services awarded to Bain & Co in the public sector."Treasury said it was, in collaboration with SARS, "in the process of restricting Bain & Co, South African Directors through a phased approach".The decision to ban the company comes seven weeks after the UK government banned it from competing for state contracts for three years. Analyse any two sources of managerial stress applicable to Bain and Company.Treasury bans Bain and Co. from public sector contracts for a decadeNational Treasury has banned consultancy Bain & Co. from tendering for public sector contracts for a period of 10 years for engaging in "corrupt and fraudulent practices" related to its contract at the SA Revenue Service (SARS).The ban will run from 5 September 2022 until 4 September 2032."This restriction has been published on the National Treasury website and database for restricted suppliers. The restriction will apply to any other contract for services awarded to Bain & Co in the public sector."Treasury said it was, in collaboration with SARS, "in the process of restricting Bain & Co, South African Directors through a phased approach".The decision to ban the company comes seven weeks after the UK government banned it from competing for state contracts for three years. With a relevant example, explain uncertain decision-making conditions with application to Bain and Company. Discuss the growing…Treasury bans Bain and Co. from public sector contracts for a decadeNational Treasury has banned consultancy Bain & Co. from tendering for public sector contracts for a period of 10 years for engaging in "corrupt and fraudulent practices" related to its contract at the SA Revenue Service (SARS).The ban will run from 5 September 2022 until 4 September 2032."This restriction has been published on the National Treasury website and database for restricted suppliers. The restriction will apply to any other contract for services awarded to Bain & Co in the public sector."Treasury said it was, in collaboration with SARS, "in the process of restricting Bain & Co, South African Directors through a phased approach".The decision to ban the company comes seven weeks after the UK government banned it from competing for state contracts for three years. Discuss the growing importance of intellectual capital and learning for a consulting firm such as Bain and Company.
- Treasury bans Bain and Co. from public sector contracts for a decadeNational Treasury has banned consultancy Bain & Co. from tendering for public sector contracts for a period of 10 years for engaging in "corrupt and fraudulent practices" related to its contract at the SA Revenue Service (SARS).The ban will run from 5 September 2022 until 4 September 2032."This restriction has been published on the National Treasury website and database for restricted suppliers. The restriction will apply to any other contract for services awarded to Bain & Co in the public sector."Treasury said it was, in collaboration with SARS, "in the process of restricting Bain & Co, South African Directors through a phased approach".The decision to ban the company comes seven weeks after the UK government banned it from competing for state contracts for three years. With application to managers at Bain and Company, discuss the importance of technical skills. please asTreasury bans Bain and Co. from public sector contracts for a decadeNational Treasury has banned consultancy Bain & Co. from tendering for public sector contracts for a period of 10 years for engaging in "corrupt and fraudulent practices" related to its contract at the SA Revenue Service (SARS).The ban will run from 5 September 2022 until 4 September 2032."This restriction has been published on the National Treasury website and database for restricted suppliers. The restriction will apply to any other contract for services awarded to Bain & Co in the public sector."Treasury said it was, in collaboration with SARS, "in the process of restricting Bain & Co, South African Directors through a phased approach".The decision to ban the company comes seven weeks after the UK government banned it from competing for state contracts for three years. With application to managers at Bain and Company, discuss the importance of technical skills.In order to suppress the spread of a viral disease, the government has resorted to nonpharmaceutical interventions (NPIs) that restrict the mobility of individuals such as quarantine and lockdown. Provide an economic framework, based on private and social benefits and costs that could guide the government in selecting the appropriate form and level of NPI. In the absence of a highly contagious disease, an individual engaging in activity x does not externalize any cost to others. In the presence of the disease, then an infected individual can transmit the disease to others during the performance of his or her activities. Suppose that there are three kinds of individuals: the uninfected, the infected and symptomatic, and the infected but asymptomatic. Would there be differences in the marginal social benefit of restricting activity for the three individuals? If yes, how are they different from each other?
- BeeCell’s Customer Acquisition Strategy The Irish telecommunications market was deregulated in 2004. Up to the time of deregulation, VCOM was the only telecommunications service provider operating in the Irish market. It was state owned company that enjoyed a monopoly prior to the market being deregulated. With deregulation, the market was opened to competition. One competitor that immediately entered the Irish market was BeeCell. When BeeCell decided to enter the Irish market, it knew that it would have faced stiff competition from VCOM. However, BeeCell like VCOM had the capability to provide a full range of telecommunication solutions to the market through its data, mobile, Internet and voice products to both business and consumer markets in Ireland. But rather than seeking to go for a head-to-head competition with VCOM in multiply segments, BeeCell decided to look for a segment of the market telecommunication market that was under served. This segment consisted of Call Centres,…Corporate governance involves a set of relationship between a company's management, it's board it's shareholders and other stakeholders. Corporate gorvenance also provides the structure through which objectives of the company are set, and the means of attaining objectives and monitoring performance are determined (OECD 2004) using any of the defunct bank as a case , justifies how this definition is in line or deviates from good corporate gorvenance as exhibited by the leadership of the bank.Last year, eHarbour signed a contract with the United States Olympic Committee and US Sailing, the National Governing Body for the sport of sailing, to sponsor the US Sailing team in the upcoming Olympics. The marketing team hoped that sponsoring sailing at the Olympics would be good publicity to promote eHarbour software. Unfortunately, the venue for the Olympic Games had to be moved to a country that is now known for multiple human rights violations, including treatment of women and certain ethnic groups. There is now a lot of bad publicity with the upcoming Olympics. There have been articles appearing in newspapers and magazines demanding that corporate sponsors pull out from the upcoming Olympics. Some members of Congress have called for sponsors to withdraw sponsorship of the Olympics. Discuss whether eHarbour can withdraw sponsorship from the Olympics without violating its existing contract with the United States Olympic Committee and US Sailing. What defenses could eHarbour…
- Sharjah: Air Arabia, the first and largest low-cost carrier (LCC) in the Middle East and North Africa, announced its financial and operational results for the first half of this year ending June 30, 2020, as the global aviation industry continues to battle the impact of COVID-19. Air Arabia registered a net loss of AED169 million, a direct result of second-quarter performance being heavily impacted by COVID-19 and the subsequent cancellation of scheduled flight operations. The company’s turnover for the first six months of 2020 registered AED1.021 billion, a drop of 53 per cent compared to AED2.173 billion in the corresponding period last year. Air Arabia served a total of 2.48 million passengers from all its four hubs in the first half of 2020, a drop of 57 per cent compared to the first half of 2019. The first half of 2020 results were largely driven by the second quarter that witnessed the most severe impact of COVID-19 on airlines operation. The regular flight schedule was affected…In Brazil, the export industry always finds ways to cut costs. The international community expressed its dismay at the manufacturers’ latest cost-cutting decision to replace flouride with diethylene glycol in toothpaste. Flouride is designed to strengthen teeth enamel. Diethylene glycol is a poisonous substance used to make chemicals that are widely used by the automobile industry. The end product exported from Brazil was poisonous toothpaste that was not labeled to indicate that it contained diethylene glycol. When the poisonous chemical was found in the toothpaste, Costa Rican government officials issued a warning telling consumers to discard the toothpaste. In 2019, a study found that toothpaste containing diethylene glycol was harmless if the chemical concentration was below 15.6 percent. The contaminated toothpaste found in Costa Rica contained levels as high as 5 percent. Costa Rican government officials warned that it was unsafe in any concentration. It is especially harmful…After 17 months of negotiations, the Federal Communications Commission announced in July 2008 its approval of the merger between the world’s only satellite radio broadcasters, Sirius Satellite Radio and XM Satellite Radio Holdings. With this merger, the new company, Sirius XM Holdings, controls 100 percent of the satellite broadcasting market. While critics claimed that this merger would grant the new company complete market power by eliminating competition and therefore drive up prices, proponents stated that competition would still exist in the form of substitute products, and as is stated in the text, market power depends on how much substitutability there is in a market. What are some of the substitutes for satellite radio? Do you think these substitutes are similar enough to satellite radio to justify the merger of the two companies? Explain.