Deregulation and self-regulation: Challenges and strategies for the development of organizational consulting in Brazil

Abstract

This article addresses the need for deregulation in management consultancy in Brazil, arguing that such a measure would boost innovation and competitiveness in the sector. The current regulation is considered outdated and restrictive, hindering significant advancements and negatively impacting the benefits of the sector in the Brazilian economy, given the limitations due to current norms. The text highlights the historical evolution of consultancy in the country and the need for laws that keep up with market changes. The current regulatory rigidity is seen as an obstacle to adapting to modern demands. The proposal for deregulation, aligned with international practices and emphasizing self-regulation by professional associations, would facilitate companies' adaptation to market needs and client demands. This would allow the adoption of best international practices, raising the global competitiveness of Brazilian companies. Self-regulation, with ethical and quality standards, would promote better practices, recognized by clients and society. The inclusion of international standards would increase innovation and excellence in the sector. The article also emphasizes the importance of diversity in ideas and practices for the global competitiveness of Brazilian management consulting firms, suggesting that deregulation would allow fairer competition among companies of different sizes and specialties. Deregulation aims to align the sector with global trends, benefiting clients and contributing to a more dynamic and competitive sector. The need to review or repeal relevant legislation currently negatively affecting the consultancy sector is also highlighted, proposing professional advocacy actions.

DOI:https://doi.org/10.56238/sevened2024.003-012