Our Code
Our Code
Our Code of Professional Responsibility
The basic responsibility of every consultant is to put the interests of clients ahead of his or her own, and to serve them with integrity and competence.
IBD Consulting will guard the confidentiality of all client information. We will not take financial gain or any other kind of advantage based on inside information. We will not serve two or more competing clients on sensitive information without obtaining the approval of each client to do so. We will inform the client of any circumstances, which might influence our judgement of objectivity.
Before accepting an assignment, we will confer with the client in sufficient detail to understand the problem and the scope of study needed to solve it. Such preliminary consultations are conducted confidentially on terms agreed to by the client.
We will only accept assignments we are qualified to perform which will provide real benefit to the clients. But we cannot guarantee any specific results, such as the amount of cost reduction or profit increase. We present our qualifications on the base of competence and experience. We perform each assignment on an individualized basis, and develop recommendations specifically for the practical solution for each client’s problem.
Whenever feasible, we agree with the client in advance on the fee basis for an assignment. We do not accept commissions or pay them to others for client referrals. Nor may we accept fees or commissions from others for recommending equipment suppliers, or services to his or her clients, as this would affect our impartiality
