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McKinsey & Company elects next managing director
 
 McKinsey & Company has
announced the election
of Dominic Barton as the
firm’s next managing
director, effective from
1 July, 2009.
  
   The firm's 400
directors, or senior
partners, elected Barton
to a three-year term. He
will be the eleventh
partner to lead McKinsey
since its founding in
 
 1926.
  
   Barton is succeeding
Ian Davis, who was
elected as managing
director of the firm in
2003 and is completing
his second term, the
maximum he is permitted
under McKinsey’s
policies.
  
   Barton, a Canadian,
was educated at the
 
  
   
 
 
 
 
 
 
 
 
 
 
 a Rhodes Scholar.
  
   He joined the Toronto
office of McKinsey in
1986 and has focused on
financial sector reform,
governance in the public
and private sectors and
globalisation.
  
   He has served clients
in a range of industries
– including banking,
consumer goods, high
 
 tech and industrial –
helping transform
institutions from local
and regional players
into global leaders.
   Barton led McKinsey's
office in Korea from
2000 to 2004, and serves
on McKinsey’s
Shareholder Council, the
firm’s senior governance
body.
  
 
 University of British
Columbia and Oxford
University, where he was
 
 
National Register launched to promote business consultants and advisers
 
 Following consultation
with the UK government
over the past two years,
the Institute of
Business Consulting
(IBC) has announced the
launch of a National
Register designed to
raise standards of
service and credibility
amongst management
consultants and business
advisers.
  
   The National
Register, which will be
regulated, administered
and hosted online by the
IBC, has been developed
to encourage consultants
to prove their
competence and
credentials, in the wake
of highly publicised
cases of mistaken
appointments in recent
years.
  
   Its aim is to provide
 
 purchasers of
consultancy advice with
a choice of well
qualified and
experienced
professionals.
  
   They will then be
safe in the knowledge
that those on the
National Register have
been independently
audited and vetted
against a set of
stringent criteria.
Consultants and advisers
wishing to appear on the
National Register will,
for example, be required
to:
   demonstrate levels of
competence against
nationally recognised
standards;
   outline industry
sector experience;
   detail the
geographical regions
they have worked in.
 
  
   
 
 
 
 
 
 
 
 
 
 
 "Selecting the right
consultant or adviser is
a business-critical
decision which can have
a positive impact on the
business, or dire
consequences if the
right match is not made
as a project begins. The
launch of the National
Register is about
creating a
customer-driven approach
and the onus must be on
individual consultants
to prove their value and
relevance to the client
community."
  
   The National Register
will be open to any
consultant or adviser
who wants to sign up,
but inclusion or
long-term membership is
not guaranteed.
  
   Each application to
join will be assessed by
 
 independent auditors
working for the IBC and
regular reviews will be
made to check the
accuracy of consultants’
and advisers’
submissions. This will
help prevent bad
practice and support the
consulting and adviser
professions.
  
   The launch of the
National Register has
been supported by
organisations including
the Department for
Business Enterprise &
Regulatory Reform, the
Department for
Innovation, Universities
and Skills, Lifelong
Learning UK, the
Learning & Skills
Council, National
Federation of Enterprise
Agencies and SFEDI.
 
   
   Individuals will also
have to develop a
profile, giving examples
of the typical
organisations they are
familiar with, so that
potential clients have
easy access to
information, making the
consultant-client
relationship more
transparent.
  
   Lynda Purser,
director of the
Institute of Business
Consulting, says:
 
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