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Tasks and activities of the business rescue practitioner: a strategy as practice approach

Authors: Pretorius, Marius;

Tasks and activities of the business rescue practitioner: a strategy as practice approach

Abstract

A business rescue practitioner’s (BRP) tasks are complex, vaguely stated and involve a wide range of competencies not accessible to the average business person. Details about what exactly BRPs do during a rescue need to be determined in order to guide licensing and build a qualifications framework for the education of BRPs. Through an adapted ‘interview to the double’ (ITTD) process, information that 47 BRPs gave as instructions to a ‘double’ was elicited. All these instructions were framed as practices and praxis, then categorised into activities associated with the tasks as identified by the practitioners. Fifteen activities were derived from the practices and praxis in support of five tasks, namely: taking control, investigating the affairs, compiling a rescue plan, implementing the plan and complying with the statutory process. Five activities, namely: analyse feasibility, meet with stakeholders, analyse viability, prepare the rescue plan and follow statutory process, contributed 55% of what BRPs do, thus guiding the findings to give structure and direction to establishing what the educational requirements for BRPs should be.Key words: business rescue, practitioner, tasks, activities, practices, praxis, turnaround, qualifi cations

Country
South Africa
Related Organizations
Keywords

Qualifications, 690, activities, Praxis, Business rescue, practices, praxis, turnaround, practitioner, Practices, business rescue, tasks, Turnaround, qualifi cations, Practitioner, Tasks, Activities

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
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