Ensight Management Consulting
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Ensight 5 years
IN THIS ISSUE:
Editorial: How can we buy time?
Case study: IT Function Transformation
Consultant opinion: The Invoice: Cost or Profit?
Market analysis: Do I really need consultants?
Ensight News:
· Ensight: We'll cash 2.5 million euro from fees only
· Ensight sustains actions for professionalizing management consulting
· Ensight Management Consulting commits to anti-corruption
Useful Legal Resources: The private pension system (Law 204/2006)
SMEs News: Financing Opportunities for the SMEs sector
 
Management
Editorial
How can we buy time?
Editorial  
Whenever I meet my friends, colleagues or acquaintances, the phrase I hear most often is “I don’t have time”, regardless the context or the mode in which one says it. Each one of us uses it when we refuse an old friend, a colleague and even ourselves. Just count how many times you said “I don’t have time” the last week, whether it was about your profession or about going to theater, to a movie or to a concert, denying yourself a pleasant thing or something that you wanted to do for a long time. it.
 
Management
Case study
IT Function Transformation
Case study  
The business environment evolved due to the enhancement of the organizations’ complexity and as a consequence of the technological impact upon business, which led the managerial practices to become more and more IT reliant, the coordinating activity within IT processes of a company receiving complex features, hard to manage and measure.


Thus, as an IT manager, the mere administrative coordination of the department does not ensure success in your activity. Moreover, the similarity between the recent title of CIO with the already common CEO opens an even larger perspective on the significance of this role in the organizations of the 21st century.
 
Management
Consultant opinion
The Invoice: Cost or Profit?
customer  
Surely, you are wondering how much printing invoices can cost. A simple calculation, which should take into consideration the necessary human, material and financial resources, could identify significant costs, deducted from the average client profit, that can reduce or even eliminate the income. Furthermore, there are also indirect costs, following the so-called invoicing process such as further manipulation and long term storing of invoices.

Is the invoicing process a mere accounting issue? The larger the number of invoices is, the bigger the number of resources involved in the alleged process.

 
Management
Market analysis
Do I really need consultants?
Market  
This is one of the first questions that comes to the minds of managers who have a hard time managing their business. Well, the first answer they think of is “no, the business I’m doing takes a well-known course, there is nothing special obstructing my way through and I can solve my problems with my own in-house resources and competencies anyway”. But afterwards, when they have analysed the costs and efficiency of the solutions that may have been implemented, the answer becomes “yes, I do”. Whether consulting is or is not needed, to what extend and for what particular area was something that FEACO and AMCOR tried to figure out at European level and at national level, respectively.

Management
Ensight News
Ensight: We’ll cash 2.5 million euro from fees only
Ensight news  
The management consulting company, Ensight Management Consulting, estimates that this year’s turnover will be approximately 2.5 million euro, increased by 108% compared to the last year’s, when the company’s turnover was 1.2 million euro.

“Following the results achieved during the first semester, we expect to end this year with a net turnover of 2.5 million euro, from fees only. The enhancement, is first of all, due to the integrated services we have added to our offer. Starting this year, we have included the financial and legal competence that complements the IT services and process management that we have been offering till now.” declared Robert Maxim, managing partner Ensight.

 
Management
Ensight News
Ensight sustains actions for professionalizing management consulting
amacor  
The management consulting company, Ensight Management Consulting, estimates that this year's turnover will be approximately 2.5 million euro, increased by 108% compared to the last year's, when the company's turnover was 1.2 million euro.

"Following the results achieved during the first semester, we expect to end this year with a net turnover of 2.5 million euro, from fees only. The enhancement, is first of all, due to the integrated services we have added to our offer. Starting this year, we have included the financial and legal competence that complements the IT services and process management that we have been offering till now." declared Robert Maxim, managing partner Ensight.

 
Management
Ensight News
Ensight Management Consulting commits to anti-corruption
ANTICORUPTIE  
Ensight Management Consulting has recently signed the Partnering Against Corruption Initiative (PACI) and has thus publicly expressed its will to promote the PACI Principles for Countering Bribery. These Principles call for commitment to two fundamental actions: a zero-tolerance policy towards bribery and the development of a practical and effective implementation program.


 
Management
Useful Legal Resources
The private pension system (Law 204/2006)
1. General aspects of the current private pension system

The current pension system in Romania is a three-pillar system according to the demands of The World Bank, being organized as it follows:

First Pillar – the legal frame is established by Law no. 19/2000, regarding the Public Pension System and other Social Insurance Rights, a law that was modified in order to correspond to the modifications brought to the other two pillars.

 
Management
SMEs News
Financing Opportunities for the SMEs sector
In order to support the small and medium enterprises, the National Agency for Small and Medium Enterprises publishes annually the guide “Financing sources for the SMEs sector” which contains information regarding the nonrefundable grants provided through implementation programs by several institutions such as investment funds or banks that offers credits to the SMEs sector.


 
LEGAL BRIEF
How is your business affected by the legal instability? Do you know every legal change? Ensight MC Team analyzes all new legal changes in Ensight Legal Brief.
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ABOUT US
We are the local leader of the management consulting market, with a team of professionals sharing a global perspective and offering integrated business solutions.

Independent, non-affiliated, we benefit from the solid, multi-disciplinary international experience of our staff.
Contact

Address: Niro Business Center 184-186 Traian Street 024045 Bucharest, Romania
Phone: +4 031 4055468
Fax: +4 031 4055467
www.ensight.ro