| | By Mick James
I have for many years followed and generally warmly supported the development of the “IMC”, first as the Institute of Management Consultants, and then of Consultancy, after it became a member institute of the Chartered Management Institute (a.k.a. the CMI. This article is not for the initial-phobic, but then neither is a career in consultancy).
But I have to confess I am a little puzzled by its latest evolution. After a merger with the Institute of Business Advisers (IBA), “the Institute” is now to be known as the Institute of Business Consulting (IBC), continuing as a member institute of the CMI but with a broader membership remit which now embraces trainers, coaches and a myriad of other advisers who “enhance business performance” .
My problems start with the choice of name. “The Institute of Business Consulting” has a flat ring to it, sounding like a correspondence course college. You know the sort of thing: “Become a management consultant or business coach, and earn £1,000 ($1,700) a day... Once you complete the course, you'll receive your Diploma. It's the formal recognition you'll have earned of your skills and knowledge. You also get to use the letters 'Dip.MC (Inst.BC)' after your name.” Which is exactly what is on offer from an “Institute of Business Consulting” based in Somerset, who advertise just such a | |
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| | product (and which shouldn’t ever be confused with the IMC Diploma in Management Consultancy, the advert for which asks: “Do you want to get paid between USD 1000 and USD 2000 per day and be recognised as one of the top consultants worldwide by the International Council of Management Consulting Institutes (ICMCI)?”) It will be interesting to see whether the Somerset IBC has anything to say about the IMC/IBA IBC registering its name as a trademark.
The branding issue becomes more serious when you think of the long struggle that the old Institute had to impress both the initials IMC, and the monumentally tough to acquire CMC (Certified Management Consultant) qualification, on client minds. True, the CMC qualification isn’t going away. It’s a trademark of the ICMCI, and will continue to be awarded by the IBC. But the brand equity and client recognition associated with the IMC name is gone for ever – which is tough for those consultancies which have invested considerable time and effort in becoming IMC Recognised or Premium practices, and use this as a credential when competing with the “big boys” for blue-chip clients. Given that the “small team that does big things” is the hottest story at the moment in consultancy, I worry that the Institute may be weakening its appeal to precisely those practices which are the future of the | |
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| | profession.
That said, one has to question how high that brand recognition ever was – even some of the clients who came along to the IBC launch event to wax lyrical about the benefits of consultancy seemed not to be aware of the existence of the CMC qualification. And the big consultancies, which employ the vast majority of practising consultants in the UK, have, with very few exceptions, never seen a branding value in making any sort of commitment to either the IMC or the CMC qualification.
Which brings me to the issue of exclusivity. When I first came in contact with the IMC it believed that the route to success was by relentlessly driving up standards through the CMC qualification and the enforcement of professional standards. From the outside this seemed to boil down to making it ridiculously hard for people to get in, and then devising endless procedures to throw them out again. But without any legal restrictions to practising, these strictures were largely meaningless, particularly as many consultants operating outside the Institute annoyingly persisted in behaving ethically, professionally and delivering high quality consultancy.
My view was that to successfully establish themselves as a profession consultants needed to first get everyone inside the tent, and only then start erecting barriers | |
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| | to entry and raising standards. Lacking sponsorship from major employers, clients or the government, the only route to success would be developing an irresistible package of benefits for members, rather than an endless series of hoops for them to jump through.
Over the years, this exclusivity has softened, and with the link up with the CMI, the IMC became a much broader church and developed new levels of membership. I welcomed this: consultancy is nothing if not a tool at the disposal of management, and the two professions are closer now than ever before. I wonder if this latest move doesn’t stretch the consulting brand too far. I have nothing against training or coaching any more than I do against IT systems development or outsourcing. But I would always want to distinguish these activities from the provision of high value-adding consultancy to management. It’s not easy to make these distinctions at the boundaries, but I feel it’s important to try, not least to preserve the achievement and personal branding of those individuals that practice it at the highest levels. I find it interesting that at this precise moment the Management Consultancies Association (MCA), itself a much broader church than it used to be, is making efforts to more precisely categorise its members’ wide-ranging activities, and identify the core of | |
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| | consultancy which it considers to be its proper remit.
Against these doubts, the new, inclusive Institute does gain from an expanded membership, and a much broader view of the business landscape. Should the EU ever decide to regulate consultancy and use the Institute as its vector there would be few nommes de guerre outside its rubric under which fleeing consultants could hide. And there’ll be frameworks and competences and new qualifications, and committees to oversee it all. But for an institute to succeed it needs to do more than conceptually map out its terrain. What will drive the future success of the Institute? Demand from clients? Unlikely, even if scarce resources were devoted to a massive awareness-raising campaign. Government intervention? Well there’s no saying what regulative lunacy the EU or a Brown premiership might come up with, but at the moment it doesn’t seem to be on the cards. The only way forward must be in the development of an utterly compelling case for membership, in which the benefits far outweigh the direct and opportunity costs of joining. I don’t see that yet, but it will be interesting to see what the new Institute comes up with over the next few weeks and months.
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