Half of MCA’s members join drive to Chartered status

02 June 2023 Consultancy.uk 2 min. read
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Adoption of the consulting industry’s chartered award continues to grow. According to the Management Consultancies Association, half of the industry’s leading firms are enlisting experienced professionals to obtain chartered status.

Since 2017, the Management Consultancies Association (MCA) and Chartered Management Institution (CMI) have steadily been working to roll out the Chartered Management Consultant Award (ChMC). Since the formal launch of the professional accreditation, demand for the ChMC has gone from strength to strength – as firms recognise it as a differentiating mark of quality that can help assure current and future clients of their offering.

By May 2022 more than 3,000 consultants were already on path to obtaining chartered status – and this has grown by more than 1,000 in the year since. Now, the MCA and CMI have announced that the award has hit another key milestone, as adoption continues to gather pace.

Professional Industry Standards

According to a release from the MCA – the representative body for the UK’s consulting industry – half of its more-than 80 member firms are now adopting the ChMC accreditation, representing a significant boost to the industry's scale-up plans. These include firms of all sizes, from large to small.

Tamzen Isacsson, Chief Executive of the MCA, commented, “The growing adoption of ChMC by firms, of all sizes, is a positive sign of the industry's commitment to professional standards and high levels of training and development. We will continue to work with our members and the wider consulting industry to promote the value of professional standards and recognition, and we encourage all consulting firms to consider adopting the accreditation.”

With the commitment to ChMC accreditation, MCA members are demonstrating their determination to maintain the highest professional standards of training and development and guarantee clients the best of service. More than 750 Chartered Management Consultants have already been awarded the title, with over 4,000 on their ChMC journey – raising the standards expected across the industry and inspiring higher levels of confidence from clients.

Of the large firms, those signing up include KPMG, EY and PwC. Meanwhile, there has been a stream of SME firms adopting the accreditation, including Alba Partners, Cadence Innova, Clarity, Mason Advisory, Managementors, NECS Consultancy, and Vendigital.

Speaking on the news, the UK Government’s Chief Commercial Officer Sir Gareth Rhys Williams stated, “It is in the public sector’s interest to have a vibrant consulting sector staffed with appropriately qualified people capable of delivering work at an appropriate cost. Consequently, we value the adoption of the Chartered Management Consultant accreditation and encourage all consulting firms to consider accrediting their teams through this or other mechanisms to showcase their commitment to clients.”