THE INSTITUTE OF MANAGEMENT
CONSULTANTS OF INDIA2007
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
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
Benefits of IMCI Membership
Plenty of networking and fellowship opportunitiesAccess to Members DatabaseOpportunity to place your CV and Photograph on ICMCI Global Consultants Search EngineWorking towards obtaining the globally recognised credentials of Certified Management Consultant (CMC)Enroll for our e-DMCFree hosting of members profile on the imcindia website indicating the consultancy areas
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Benefits of IMCI MembershipSpecial discount on all IMCI programmes and programmes of associated professional bodiesOpportunities to contribute to the growth or Management Consulting as a professionOpportunity to present members writing and research at our Annual Convention and in our magazines and newslettersAnd many more ways of enhancing skills, knowledge and visibility
IMCI – The journey so farIncorporated as MCAI in 1964, changed to IMC India in 1989Included as full member of ICMCI since 1989Membership
Fellow Members (also CMC) 41Individual members
• CMC 158• Non-CMC 97
Associate/Affiliate 47Honorary Members 02CCF (Institutional members) 17
Past PresidentsMinoo MasaniS. K. ParukhF. C. KohliK. K. AnandL. K. RatnaL. S. KanodiaB. P. AgrawalD. G. RajanS. S. RangnekarY. P. Sahni
E. A. KshirsagarWalter VieiraSharu RangnekarS. B. BuddhirajaG. ShankerHiru BijlaniD. M. SarwateMohan H. ShahaniO. P. PahujaS. MahalingamAneeta Madhok
Felicitated
P. L. Tandon Ela Bhatt Uddesh Kohli Tarjani VakilDigvijay SinghMinoo MasaniS. RamodoraiF. C. Kohli
V. G. Rajadhayaksha – Lifetime Achievement Award W. E. Vieira - Lifetime Achievement Award M. K. Raju – Lifetime Achievement AwardK. K. Anand – Lifetime Achievement AwardSharu S Rangnekar – Lifetime Achievement Award
Developments in Recent YearsInstitutionalisation of the CMC Process Self Assessment Process has been put into motionPresence felt in Business Schools through BSPCInstitutionalisation of Consulting Skills Programme Launch of eDiploma in Management ConsultancyAsia Pacific Convention for Management Consultants has now been held thrice, most recently in December 2003IMC India has successfully completed the ICMCI country assessment process, in September 2004, at Vancouver
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
CMCTM In IndiaCMC Process in India completed its seventh iteration this yearTotal of 219 CMCTM members on the rosterGranted International recognition through clearance of a tough audit process in 2004. India is now authorized to grant CMC TM certification in IndiaCMC Brand has the potential to take IMCI on an exponential path in the futureCertified Management Consultant TM The international credentials of a
professional management consultant, reciprocally recognised by global members of the International Council Of Management Consulting Institutes
Challenges for Certification Process
Recertification process is needed to be put in placeAccredited Practices certification is yet to commenceTraining of consultants to meet the CMC competency standards globally (DMC, e-DMC, other training)Branding exercise for CMC in corporate sectorBringing 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
International PresenceICMCI 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
ICMCI – The Team At The HelmIng, Brian, United Kingdom – ChairD’Aprile, Francesco,Italy - Vice ChairEnnsfellner, IIse, Austria – Vice Chair Liew, Shin Liat, Singapore – Vice ChairMadhok, Aneeta, India – Vice Chair Markham, Calvert,United Kingdom – Vice ChairNesbitt, Mark E, Canada – SecretaryWagenaar, Rob, Netherlands – TreasurerSorensen, Peter, Denmark – Past ChairShanker Gopalkrishnan – Trustee India
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 professionEnhance the flow of information between existing national certifying bodies of management
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ICMCI – Core activities are to:Elevate the standards of management consultants worldwide while increasing the acceptance of management consulting as a respected professionEncourage 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
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
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
Challenges for IndiaAchieve critical mass
Number of membersFinancial independence and strengthActivities and initiativesIndustry recognition
Building brand awarenessBuilding knowledge in Consulting professionEducation and skill buildingCatering to large and small consultants simultaneously
The Dream TeamEXECUTIVE COUNCIL 2007-08
Kuldip Kawatra PresidentU. K. Srivastava Vice PresidentM. K. Muthuvelu Vice PresidentAnuj Bhargava Hon. SecretaryGopal Sehjpal Hon. TreasurerAshok Ghia MemberMonish Shah MemberRajat K. Baisya MemberVivek K. Mehta MemberJayant Pendharkar CCF MemberK. Raghunathan CCF MemberRaj Bir Mohindra CCF Member
CHAPTER CHAIRMENM. V. John AhmedabadAnuj Bhargava MumbaiRamesh Tyagi DelhiS. Nandakumar HyderabadR. S. Murali ChennaiM. D. Adoni Pune
Task Forces In ActionPGDMC/Academic Initiative, Aneeta MadhokProgrammes Committee – S. Hattangdi Finance Committee – Ashok GhiaMembership Committee – Raj MohindraInternational Relations – Aneeta MadhokCMC Committee – Monish ShahConvention Committee – Ramesh TyagiGovernment Relations – Shanker GopalkrishnanFund Raising committee – M. K. Muthuvelu
Academic Initiative - 2007
OBJECTIVES OF ACADEMIC INITIATIVETo engage in the creation of learning opportunities in the field of Management Consulting for practicing and aspiring consultantsTo undertake the above with a view to increasing the intensity and reach of IMCI activities across the country
Academic Initiative 2007
EXISTING ONGOING ACTIVITIESCertification programme leading to the award of the CMCTM Training programme on Developing Consulting skillsBest Summer Projects ContestOther National and Chapter level training programmes and seminars
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
Academic Initiative 2007IDEAS FOR IMPLEMENTATION
Collaboration with international IMC for transfer of training modulesMagazine/periodical for management ConsultingInstallation of library servicesCollaboration with B-schools across IndiaOther activities like scholarships, case study contests, funding of research, summer projects clinics, student study circle, etc.
Contact us:THE INSTITUTE OF MANAGEMENT
CONSULTANTS OF INDIAUnit II, Centre I, 11th floor
World Trade CentreCuffe Parade, Mumbai – 400 021
Telefax: +91 22- 2218 5319 / Tel: +91 22 2216 1801Email : [email protected] Website: imcindia.co.in
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