Discuss the growing importance of intellectual capital

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Case Study: 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. Source: Cronje, J. 2022. Treasury bans Bain and Co. from public sector contracts for a decade.

Question: Discuss the growing importance of intellectual capital and learning for a consulting firm such as Bain and Company

Reference no: EM133312014

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