It has been a very busy and productive quarter for the Institute of Management Consultants USA (IMC USA).
ISO/IEC 17024:2003 Accreditation – IMC USA was notified in June, 2010 by ICMCI that it has earned the prestigious International Organization for Standardization (ISO) ISO/IEC 17024:2003 accreditation for its Certified Management ConsultantTM (CMC®) certification process. We are the third institute (after Austria and the Czech Republic) to gain the ISO recognition which further substantiates the high professional standards and ethics IMC USA sets as a benchmark for its certification process. We are currently underway with a major national media effort to increase awareness both of the ISO accreditation but also the quality of the CMC® brand. Dr. Drumm McNaughton, Chairman and CEO of IMC USA said, “This comes at a significant time when American business demands proven competency and ethical behavior. Organizations can be confident that consultants with CMCs have a history of excellent performance in delivering results, have met world class standards of competence, ethics, and client satisfaction and have maintained a level of professionalism through education and periodic certificate renewal.”
It is interesting to note that IMC USA expects to have a ten percent (10%) increase in CMCs this year, even before the press related to the accreditation is public knowledge.
CMC Firm™ Certification -- IMC USA traces its roots back to the 1940s when a predecessor organization (ACME) was formed to be responsible for setting consulting standards for the individual practitioner. Through several organizational changes IMC USA was ultimately founded in 1968 to “..establish management consulting as a self-regulating profession meriting the same public confidence and respect as medicine, accounting and law. Its primary purpose is to assure the public that its members possess the ethical standards, professional competence and independence to practice as management consultants. Those individuals who meet the strict professional requirements for membership in the Institute are designated Certified Management Consultants and may use the initials CMC after their names.”
Unfortunately, some of the economic problems in the U.S. have hurt the image of the consulting profession here as pundits, and others, seek to place blame.
Accordingly, IMC USA has a major effort underway to further develop the U.S. market for the CMC FirmTM, which is based in part on the Accredited Consulting Practice (ACP) certification which is most widely used in Europe. They are many consulting firms in Europe which are ACPs through their respective members (country) institutes, including Deloitte Consulting (Ireland), PA Consulting (Ireland) and Deloitte Consulting (Netherlands). We strongly believe that the first U.S. CMC FirmTM , or firms, will become the standard-bearers for the remainder of the profession, not just by the power of their own brands, but also by the power of embracing and advancing high global standards of professionalism and ethics, and having the foresight to call the rest of the consulting profession to rise to these standards together. We certainly hope to have some great news to report in upcoming issues of Meridian.
Establishment of the Aon Affinity Insurance Group Agreement – IMC USA is in the process of signing a Memorandum of Understanding with AON Affinity Insurance Inc., to develop a professional liability program through IMC USA that recognizes the Certified Management Consultant™ (CMC®) and Certified Management Consultant Firm™ certifications as key factors for reducing risk for insurers.
This means that those individuals and firms holding the CMC® and CMC Firm™ certifications respectively will receive favorable treatment, i.e., “best in class” (or better) rates, on their professional liability and other insurances in recognition of the excellence of the CMC® and CMC Firm™. This, along with the ISO/IEC 17024:2003 accreditation mentioned earlier, further strengthens IMCUSA’s “business case” for both individuals and firms become certified.
This translates into wins for both the consultancy and the member institute. The consultancy will receive reduced insurance premiums, making it cost-effect to become certified, and the member institute will receive both an increase in revenue from the resulting increase in membership as well as ‘non-dues revenue’ through the affinity program.
Affinity Insurance Inc., has global offices, and has stated they would be happy to explore establishing such affinity groups with any of the other ICMCI member institutes.
European Bank for Reconstruction and Development (EBRD) – IMC USA has been working with EBRD and consultants with Canada to establish institutes in Kazakhstan and the Kyrgyzstan Republic. Seven candidates for the CMC® have progressed through IMC USA’s certification process and will sit for their panel interviews in Jordon which will be chaired by Clint Burdett, CMC, IMC USA’s Certification Chair. Also sitting on the panels will be Dr. Drumm McNaughton, CMC, and Nick Shepherd, CMC Canada Trustee and a member of the QAC Committee. The seven candidates are expected to receive their CMCs at the ICMCI Annual Meeting in Jordan in late September