- Clients from across the private and public sector discuss benefits of ChMC at key event for business leaders and consulting community
- Over 25 firms involved in award, 1,500 consultants are on the journey and 345 individuals are now Chartered management consultants
- Consulting firms and clients are all invited to attend the virtual event hosted on Monday 26th April
Business and government leaders will be discussing the importance of quality standards and the new Chartered Management Consultant Award (ChMC) at the official launch of the new ChMC award hosted by the Management Consultancies Association and the Chartered Management Institute on Monday 26th April. Guest speakers and clients represented at the meeting include Lord Grimstone, Minister of State for Investment at the Department for International Trade and BEIS; Anne Boden MBE, CEO of Starling Bank; Bruce Carnegie-Brown, Chairman at Lloyd’s and Nick Griffin, Crown Representative from the Cabinet Office – all of whom have experience of working with the consulting industry to help firms grow and develop their businesses.
With demand for consulting services forecast to grow substantially over the next two years (growth of 9% in 2021/221), it is important that consulting buyers use individuals and firms that have independently recognised high levels of professional competency and achievement. The ChMC award has been developed to recognise those consultants who have achieved Chartered status, raising the standards across the industry and, as a result, inspiring higher levels of client trust and confidence. Chartered individuals who have been assessed on their experience are benchmarked against their ethics and behaviour, their leadership and management, their personal and professional development and their experience and knowledge of the client operating environment. This provides a kitemark of quality for clients when looking to purchase consultancy services.
This is reflected in evaluation of the award so far. 100% of respondents said the ChMC Award recognised their proven track record in management consulting and 97% of respondents agreed the ChMC Award demonstrated integrity and commitment to ethics through adherence to the Chartered Management Consultant Competency Framework.
The Chartered Management Institute (CMI) and Management Consultancies Association (MCA) collaborated over the last few years to make this vision a reality for the Management Consultant industry. To date, through the pilot over 300 consultants have been awarded Chartered status, 1,500 are on the journey and 23 firms are involved. The aim is 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. This award has been backed by the government from the beginning and representatives from Crown Commercial Services currently sit on the ChMC Oversight Board.
Ann Francke, Chief Executive of the Chartered Management Institute (CMI) said:
“We’re delighted to have collaborated and partnered with the Management Consultancies Association (MCA) and others to develop this brand kite-mark qualification. The Chartered Management Consultancy Award will go a long way in helping build confidence, particularly amongst clients, that they’re working with managers who meet the highest standards of practice in our industry. Like all other Chartered Level qualifications, the Chartered Management Consultancy Award can only be achieved when consultants can evidence and demonstrate not just their skills and expertise but also their behaviours, professionalism, management and leadership attributes. We’re driving and supporting these pioneers to set and deliver the gold standard level.”
Tamzen Isacsson, Chief Executive of the MCA, added:
“After many months of work and preparation by the industry and the CMI, we are looking forward to launching this award formally this month in front of key clients from across the private and public sector. Large, medium and small MCA member firms are all backing this new award for our profession and this event will provide a key platform for us to demonstrate the value this new professional status will bring to our sector, its people and importantly our clients.”
Bruce Carnegie-Brown, Chairman of Lloyds of London, added:
“The launch of ChMC qualification marks an important step in recognising professionalism and quality in the management consulting sector.”
Bev Thaker-Fell, Director of Procurement at Barclays, said:
“Joining a community of consultants that have either achieved their award or are in the process of achieving, demonstrates you are setting the standard for the industry. You will also bring along with you a wealth of knowledge, experience and a higher degree of delivery to any organisation or client. Being part of this elite community ensures you are operating with best practise, industry knowledge and commitment. All these things are incredibly valuable to an organisation and is an acceleration of one’s own career path.”
Gareth Clark, Deputy Director Professional Services at the Crown Commercial Service, added:
“It is reassuring to see a strong interest across the sector in driving up standards with so many consultants either having achieved their award or working toward the Chartered Management Consultant Award. The Crown Commercial Service has welcomed the opportunity to work with the CMI and MCA in shaping the requirements of this qualification. Public sector customers will be able to see a kite mark of integrity and professionalism at a time when those values have never been more crucial.”
For the event, a guest panel of consultants has been formed and they will discuss the merits of the new award. Panellists include: Marco Amitrano, Head of Clients and Markets at PwC; Mark Palmer, CEO of Gobeyond Partners; Yunus Ozler, Energy Consulting Lead Partner at EY and Jen Hipkiss Senior Management Consultant at IBM. Guest speakers include: Lord Grimstone, Minister of State for BEIS; Ann Boden, CEO of Starling Bank; The event will also feature comments from Bruce Carnegie-Brown, Chairman at Lloyd’s and Nick Griffin, Crown Representative at the Crown Office.
Further information on the ChMC event can be found at The Chartered Management Consultant (ChMC) Award Launch – MCA and guests should register via natalie.mendez@mca.org.uk