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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.
  
 
  
   
 
 
 
 
 
 
 
 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.
  
 
    Barton, a Canadian,
was educated at the
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.
 
  
   
 
 
 
 
 
 
 
 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
 
   
   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: "Selecting the
right consultant or