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THE INSTITUTE OF MANAGEMENT CONSULTANTS OF INDIA 2007

THE INSTITUTE OF MANAGEMENT CONSULTANTS OF INDIA 2007

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THE INSTITUTE OF MANAGEMENT CONSULTANTS OF INDIA 2007

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  1. THE INSTITUTE OF MANAGEMENT CONSULTANTS OF INDIA2007

  2. India – Economic Scenario for the Consulting Profession • Compiled figures do not exist • Unofficial estimates put the number of consultants in India at over 30,000 • Economy growing at 6 to 7 % per annum • All major global consultancies are well established in India • The Government is major buyer • Industry revenues reportedly growing at 15 to 20% per annum

  3. IMCI Vision and Mission  IMCI's mission is to promote excellence in the profession of Management Consulting by providing learning opportunities;  generating and disseminating knowledge through research; certifying competencies;  building corporate awareness and emphasizing ethical behavior, so as to ensure that the profession is accepted, recognised,  and respected  as providing a valuable service to all categories of organisations in the private, public or NGO sectors

  4. Benefits of IMCI Membership • Plenty of networking and fellowship opportunities • Access to Members Database • Opportunity to place your CV and Photograph on ICMCI Global Consultants Search Engine • Working towards obtaining the globally recognised credentials of Certified Management Consultant (CMC) • Enroll for our e-DMC • Free hosting of members profile on the imcindia website indicating the consultancy areas ….contd.

  5. Benefits of IMCI Membership • Special discount on all IMCI programmes and programmes of associated professional bodies • Opportunities to contribute to the growth or Management Consulting as a profession • Opportunity to present members writing and research at our Annual Convention and in our magazines and newsletters • And many more ways of enhancing skills, knowledge and visibility

  6. IMCI – The journey so far • Incorporated as MCAI in 1964, changed to IMC India in 1989 • Included as full member of ICMCI since 1989 • Membership • Fellow Members (also CMC) 41 • Individual members • CMC 158 • Non-CMC 97 • Associate/Affiliate 47 • Honorary Members 02 • CCF (Institutional members) 17

  7. Minoo Masani S. K. Parukh F. C. Kohli K. K. Anand L. K. Ratna L. S. Kanodia B. P. Agrawal D. G. Rajan S. S. Rangnekar Y. P. Sahni E. A. Kshirsagar Walter Vieira Sharu Rangnekar S. B. Buddhiraja G. Shanker Hiru Bijlani D. M. Sarwate Mohan H. Shahani O. P. Pahuja S. Mahalingam Aneeta Madhok Past Presidents

  8. P. L. Tandon Ela Bhatt  Uddesh Kohli Tarjani Vakil Digvijay Singh Minoo Masani S. Ramodorai F. C. Kohli V. G. Rajadhayaksha – Lifetime Achievement Award W. E. Vieira - Lifetime Achievement Award M. K. Raju – Lifetime Achievement Award K. K. Anand – Lifetime Achievement Award Sharu S Rangnekar – Lifetime Achievement Award Felicitated

  9. Developments in Recent Years • Institutionalisation of the CMC Process • Self Assessment Process has been put into motion • Presence felt in Business Schools through BSPC • Institutionalisation of Consulting Skills Programme • Launch of eDiploma in Management Consultancy • Asia Pacific Convention for Management Consultants has now been held thrice, most recently in December 2003 • IMC India has successfully completed the ICMCI country assessment process, in September 2004, at Vancouver

  10. Immediate Challenges for Growth for IMC India • Funds and infrastructure • Dependence on “free” time of busy management consultants who work on an honorary basis • Need to build critical mass of membership • Need to build visibility amongst corporates and the consulting community

  11. CMCTM In India • CMC Process in India completed its seventh iteration this year • Total of 219 CMCTM members on the roster • Granted International recognition through clearance of a tough audit process in 2004. India is now authorized to grant CMC TM certification in India • CMC Brand has the potential to take IMCI on an exponential path in the future Certified Management Consultant TM The international credentials of a professional management consultant, reciprocally recognised by global members of the International Council Of Management Consulting Institutes

  12. Challenges for Certification Process • Recertification process is needed to be put in place • Accredited Practices certification is yet to commence • Training of consultants to meet the CMC competency standards globally (DMC, e-DMC, other training) • Branding exercise for CMC in corporate sector • Bringing in some of the Big Five/Corporate consulting houses Certified Management Consultant TM The international credentials of a professional management consultant, reciprocally recognised by global members of the International Council Of Management Consulting Institutes

  13. International Presence • ICMCI was incorporated in 1987 • India gained full membership of ICMCI in 1989 • Today, we are one of 42 countries with full membership • India has contributed one Chair to ICMCI Executive Council and current Vice Chair • Indian presence on several committees

  14. ICMCI – The Team At The Helm • Ing, Brian, United Kingdom – Chair • D’Aprile, Francesco,Italy - Vice Chair • Ennsfellner, IIse,Austria – Vice Chair • Liew, Shin Liat, Singapore – Vice Chair • Madhok, Aneeta, India – Vice Chair • Markham, Calvert,United Kingdom – Vice Chair • Nesbitt, Mark E, Canada – Secretary • Wagenaar, Rob,   Netherlands – Treasurer • Sorensen, Peter, Denmark – Past Chair • Shanker Gopalkrishnan – Trustee India

  15. ICMCI – Core activities are to: • Form a worldwide organization for national certifying bodies of management consultants to work together to achieve common objectives to improve the profession • Enhance the flow of information between existing national certifying bodies of management …..contd

  16. ICMCI – Core activities are to: • Elevate the standards of management consultants worldwide while increasing the acceptance of management consulting as a respected profession • Encourage networking of management consultants across national boundaries, improving free flow of information and developing a greater cooperative spirit between countries. • Encourage reciprocity between national institutes with recognised universal standards and adherence to an International Code of Conduct

  17. International ConnectionOur Expectations from ICMCI • Continued evolution of the CMC process and CBK - accelerate the process of establishment of CMC as a global standard • Investment in branding of CMC globally • Ensuring reciprocity for CMC’s • Provide opportunities / window for networking • Make the CMC Directory effective • Share / make available for best practices

  18. International Connection – ICMCIWhere India Can Contribute • Can contribute to working intensively in Asia Pacific Region • Offer to hold the ICMCI Congress (2005) or future working meetings • Ready to mentor other countries in the Region

  19. Challenges for India • Achieve critical mass • Number of members • Financial independence and strength • Activities and initiatives • Industry recognition • Building brand awareness • Building knowledge in Consulting profession • Education and skill building • Catering to large and small consultants simultaneously

  20. EXECUTIVE COUNCIL 2007-08 Kuldip Kawatra President U. K. Srivastava Vice President M. K. Muthuvelu Vice President Anuj Bhargava Hon. Secretary Gopal Sehjpal Hon. Treasurer Ashok Ghia Member Monish Shah Member Rajat K. Baisya Member Vivek K. Mehta Member Jayant Pendharkar CCF Member K. Raghunathan CCF Member Raj Bir Mohindra CCF Member CHAPTER CHAIRMEN M. V. John Ahmedabad Anuj Bhargava Mumbai Ramesh Tyagi Delhi S. Nandakumar Hyderabad R. S. Murali Chennai M. D. Adoni Pune The Dream Team

  21. Task Forces In Action • PGDMC/Academic Initiative, Aneeta Madhok • Programmes Committee – S. Hattangdi • Finance Committee – Ashok Ghia • Membership Committee – Raj Mohindra • International Relations – Aneeta Madhok • CMC Committee – Monish Shah • Convention Committee – Ramesh Tyagi • Government Relations – Shanker Gopalkrishnan • Fund Raising committee – M. K. Muthuvelu

  22. Academic Initiative - 2007 OBJECTIVES OF ACADEMIC INITIATIVE • To engage in the creation of learning opportunities in the field of Management Consulting for practicing and aspiring consultants • To undertake the above with a view to increasing the intensity and reach of IMCI activities across the country

  23. Academic Initiative 2007 EXISTING ONGOING ACTIVITIES • Certification programme leading to the award of the CMCTM • Training programme on Developing Consulting skills • Best Summer Projects Contest • Other National and Chapter level training programmes and seminars

  24. Academic Initiative 2007 PAST ACTIVITIES NEEDING REVIVAL • Distance Learning Programme leading to the award of the DMC • In-class Diploma in Management Consulting • E-DMC

  25. Academic Initiative 2007 IDEAS FOR IMPLEMENTATION • Collaboration with international IMC for transfer of training modules • Magazine/periodical for management Consulting • Installation of library services • Collaboration with B-schools across India • Other activities like scholarships, case study contests, funding of research, summer projects clinics, student study circle, etc.

  26. Contact us: THE INSTITUTE OF MANAGEMENT CONSULTANTS OF INDIA Unit II, Centre I, 11th floor World Trade Centre Cuffe Parade, Mumbai – 400 021 Telefax: +91 22- 2218 5319 / Tel: +91 22 2216 1801 Email : imci@mtnl.net.in Website: imcindia.co.in Member of: