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 qualifi cations 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 identifi ed by the practitioners.
Fifteen activities were derived from the practices and praxis in
support of fi ve 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 fi ndings to give structure and direction to establishing what the
educational requirements for BRPs should be.
