The ICMCI 2010 Annual Conference in Jordan included a panel discussion on the Consulting Institutes in the Arab World; the panel participants had clear objectives, facts, and key issues, they identified challenges, and were able to summarize findings and come up with a set of recommendations that will shape the work plan for the coming years.
I would like to start my summary by thanking the members of the panel for their participation, and they are:
- Egypt: Mr. Tamer Abbas, CMC – Managing Director, Rising Stars Consulting (IMC-Jordan Full Member)
- Lebanon: Mr. Mazen Khattab – Group Director of Strategic Marketing, Comium. Mobile Holding Group (IMC-Jordan Full Member)
- Syria: Mr. Nawaf Zeidan – Senior Training & Development Consultant, SME Support Programme / SEBC
- Libya: Mr. Mohamed Wefati – Managing Director, Horizons Development Studies & Consultancy (IMC-Jordan Full Member)
- UAE: Mr. Yousuf Abdulla Al Mulla – Acting CEO, The Consulting Office
The clear objectives of our panel can be summarized as follows:
- Assessing the main issues and opportunities to set up IMCs in Lebanon, Syria, Libya, Egypt and the UAE.
- Assessing the main challenges to set up IMCs in Lebanon, Syria, Libya, Egypt and the UAE.
- Identifying the role of IMC – Jordan in supporting regional IMCs.
- Identifying the main steps of establishing IMCs in the different countries of the region.
To characterize the Arab Consulting Market, we need to understand the nature that rules this market. It is a price competitive market with a low entry barrier, where most of the demand lies with the public sector that plays a major role in its dynamics as the preference is usually high for the big consulting firms. Each country’s market is considered small if viewed individually; however, looking at the whole Arab World, we can see that the market is large, widespread and diverse.
Having said that, and in order to be able to address the needs of our diverse market, we as IMC-Jordan will support emerging and newly established IMCs in the region until we are able to create a MENA hub that will focus on joint efforts to further spread the ICMCI/IMC culture and thereof the CMC designation which will assist in developing more industry focused/service line specialized consultants.
In order to reach our objectives, information about each country was put together to give us better insight. The following table summarizes this information:
|
County |
Capital |
Population |
GDP |
Government Budget (Billion) |
|
|
Million |
Billion |
Revenue |
Expenditure |
||
|
Egypt |
Cairo |
78.86 |
$469.8 |
$50.95 |
$63.39 |
|
Lebanon |
Beirut |
4.01 |
$53.98 |
$8.427 |
$11.39 |
|
Syria |
Damascus |
21.76 |
$101 |
$11.4 |
$14.27 |
|
Libya |
Tripoli |
6.32 |
$85.04 |
$34.19 |
$34.73 |
|
UAE |
Abu Dhabi |
4.79 |
$186.8 |
$55.07 |
$54.68 |
In addition to the above fact sheet, key issues/ opportunities and challenges were identified and summarized for each of the listed countries:
|
County |
Key Issues and Opportunities |
Main Challenges |
|---|---|---|
|
Egypt |
|
|
|
Lebanon |
|
|
|
Syria |
|
|
|
Libya |
|
|
|
UAE |
|
|
The findings and conclusions of the panel were highlighted as follows:
- Finding local or international donors to finance the IMC in each of the above-listed countries with the initial investment and fund requirements ,for the next two to three years, anticipated at US$200,000 – >US$ 300,000.
- Building a database for local and international consultants and consulting firms;
- Convincing local as well as international consultants to join the IMC; and
- Licensing IMC from Government as a not-for-profit or a NGO.
Accordingly, the recommendations for each country consisted of the following main actions:
- Form a founding committee that consists of a minimum of ten consultants to start the process of registering and licensing the IMC;
- Obtain the preliminary approvals from ICMCI;
- Licensing from the local authorities;
- Prepare a three year business plan for the organization;
- Find the appropriate fund from local or international institutions to finance the initial two to three years of the IMC operations;
- Commence operations.
Prepared by
Dr. Hamdallah Mubarak, CMC
Chairman – IMC-Jordan