Since the early days of the COVID-19 crisis in the U.S., it has been a recurring theme to turn on the news and see that yet another big-name retailer is rumored to be on the brink of filing, or has already filed, for bankruptcy.
Firms and professionals
Pragma's membership is made up of not only firms, but also the individual professionals involved in them. Each Pragma professional has an individual profile which is customized by practice area, economic industry experience and country, thus enhancing the firms, and the network, with all its qualities and skills. This enables us to locate specific expertise and skills to best serve our client demands.
Formed out of a unique approach to professional networks, Pragma operates on a glocal approach, mixing the local knowledge of its firms and the economic specialization from professionals of Pragma's network. This allows us to create teams specific to the needs of each client, without losing the local factor each firm contributes.
Pragma members are encouraged to exchange information. This results in improved knowledge, skills and competencies globally and across firms and individuals. Pragma also provides professionals with opportunities to demonstrate and gain knowledge and expertise, as well as increasing visibility.
According to Michael E. Porter, “Every firm is a collection of activities that are performed to design, produce, market, deliver, and support its product” (value activities). These consume resources and are linked together in processes.
We observe a trend to extensive (over-)regulation of corporate activity, increased application and enforcement of legal provisions as well as fines for compliance violations, some of which threaten the very existence of companies.
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