- Industry leaders, senior government officials and young consultants come together on Monday night for a celebration event to mark the huge progress of ChMC scale up across the industry.
- 60% growth last year in ChMC adoption in 2023
- Over 50 leading firms involved in ChMC accreditation with 1170 now Chartered.
- New research shows 9 out of 10 ChMCs enables them to showcase excellence and credibility to clients[1]
- Government Chief Commercial Officer praises huge benefits of ChMC for clients such as government.
Over 100 industry leaders, government guests and stakeholders came together on Monday night to celebrate the positive progress in the ChMC scale up across the industry at an event hosted in Central London. Designed by the Chartered Management Institute (CMI) and the Management Consultancies Association (MCA), ChMC was developed for the purposes of setting and maintaining the highest ethical and quality standards in the management consulting profession and creating an award which recognises consistent and high levels of professional competency and achievement.
Since its official launch in 2021, the ChMC accreditation has experienced impressive growth with the number of chartered consultants now at 1,170 and more than 50 participating firms. In 2023 alone, there was a 60% increase in the number of individuals becoming Chartered.
This rapid adoption reflects ChMC’s success as an award for the consulting industry and the value that it can bring by inspiring higher levels of client trust and certainty. Recent statistics from the MCA Member Survey found that nearly four in five chartered consultants reported that their clients felt more confident in their expertise.[2] In addition, new CMI research, shows nine out of ten Chartered Management Consultants believe the accreditation recognises their proven track record and experience and empowers them to showcase excellence and credibility to clients.
Guest speakers at the event included Hywel Ball, UK Chair at EY who emphasised the growing value of professional accreditation in shaping a trusted and ethical consulting landscape.
In a speech Sir Gareth Rhys Williams, Government’s Chief Commercial Officer highlighted the government’s acknowledgement of ChMC’s role in elevating industry standards. In his address he said:
“I am delighted to mark such a significant milestone in the growth of the CHMC award. There is great work being done by firms and individuals, driving up professional consulting standards through training and accreditation. Doing this benefits your people, your organisation and your clients, who in particular benefit from knowing that their organisation’s code of ethics is being upheld.”
Tamzen Isacsson, CEO of the Management Consultancies Association (MCA), said:
“After so much hard work and effort by so many people building and shaping this new important award for our industry it’s such a proud moment to see the success that everyone has achieved. The evidence shows the impact of this award benefits clients, individuals and firms raising standards and providing a reassurance of quality and expertise. Our thanks must go to all the MCA firms, consultants and industry stakeholders who have been on the journey with us and the CMI for their unwavering commitment to produce these new standards for our industry. Thank you to our colleagues at the CMI for our brilliant partnership in delivering this award.”
Ann Francke OBE, CEO of the Chartered Management Institute (CMI), said:
“CMI is very proud to work in partnership with the MCA on the Chartered Management Consultant Award. We are delighted with the fantastic reception the award has received from the industry to date. We look forward to seeing the award go from strength to strength as more organisations support their consultants to recognise and celebrate their knowledge and experience.”
Many recently Chartered Consultants were also present at the event including Elicia Mollineau-Lowden, Senior Manager at EY. She commented:
“The ChMC journey, while challenging, has been incredibly rewarding. It has helped me to reflect on my accomplishments and experience as a consultant to date and consider how I can continue to develop my career in the future. The ChMC framework offers participants a structured approach which applies your skills and fosters continuous professional development. For me, this has been a transformative accreditation.”
The increasing number of ChMC’s highlights the drive to secure greater recognition for the professionalism of management consulting and ensure that it is valued and respected by the industry, as well as by clients seeking professional and qualified consulting support.
Currently, 40 MCA Member firms, comprising large, medium, and SME organisations, actively engage in ChMC accreditation to enhance their consultants’ development following a detailed framework.
Learn more about the ChMC Accreditation and its impact on consultancy excellence at https://www.mca.org.uk/chartered-management-consultant-award
[1] CMI ChMC Survey March 2024
[2] MCA Member Survey 2024