Chartered Management Consultant Award passes 500 milestone
A new accreditation to grant consultants Chartered status has already surpassed 500 accreditations. According to the Chartered Management Institute, more than 1,500 consultants are currently on the journey to join those initial cohorts.
In 2017, as the UK’s management consulting industry sought to standardise its offering to clients, the Management Consultancies Association (MCA) collaborated with the Chartered Management Institute (CMI) to launch a new professional accreditation. By 2020, a pilot form of the Chartered Management Consultant Award (ChMC) saw 250 professionals obtain chartered status.
Since then, the award has finally been formally launched. Now, the number of professionals with the award has doubled, as the CMI has announced that the award has now reached the milestone of more than 500 consultants reaching Chartered status.
Ann Francke, Chief Executive of CMI, said of the first 500 consultants, “They are all pioneers in embracing this new and important Chartered Award. The management consultancy profession and clients will benefit hugely from having this Charter underpinned by contemporary standards and rigorous assessment. We at CMI are proud to stand alongside our partners at the MCA in delivering Chartered status and the number of firms and professionals now engaging mean the numbers will scale up very quickly across the industry."
As the new award gathers momentum, the CMI and MCA are currently guiding a further 1,519 consultants through the journey to become Chartered. At the same time, 16 MCA member firms are accredited with a total of 40 MCA members ready to engage.
MCA firms that have accreditation and/or assessments are: Akeso & Co.; Ipsos Mori; Arcadis; KPMG; Arup; Mason Advisory; Atkins; Moorhouse; Atos; Mott MacDonald; BAE Systems Applied Intelligence; NECS Consultancy; Cadence Innova; NEL Healthcare Consulting; EY; PPL; Gobeyond Partners; PwC; IBM Services; Unleash and Engage; Inner Circle; and Vendigital.
Tamzen Isacsson, Chief Executive of the MCA, commented, “Chartered is establishing itself as part of the fabric of the consultancy industry even more quickly than we had anticipated… It marks out the firms committed to quality of delivery, to the development of their staff and it is helping those who engage with the award to attract and retain the best talent. Increasingly we are also finding that more and more clients are enquiring about Chartered. They want the assurance that their needs are being met by the best in the business and Chartered is helping to give them that vital assurance.”
The award has been supported by the UK Government from the outset and representatives from the Crown Commercial Service (CCS) currently sit on the ChMC Oversight Board. Increasingly clients are enquiring about Chartered seeking the assurance it brings them. Meanwhile, the CMI and MCA are looking to grow the award further, with 670 consultants having registered for an Experienced Professional assessment on top of their initial Chartered status.