EY's Samuel Pachoud on the value of chartered accreditation

06 May 2024 Consultancy.uk 4 min. read
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Samuel Pachoud is a partner in the Business Consulting practice of EY, and a member of the Energy & Industrials and Energy Transition teams. An accredited Chartered Management Consultant, Pachoud outlines how the Chartered program can help colleagues and peers with achieving excellence in their work.

The fast-paced world of consulting often offers scant time for introspection. Conversely, the process of becoming a ChMC provides a valuable opportunity for reflection. It encourages consultants to pause, consider their contributions, and appreciate the impact they’ve made.

This introspection not only fosters personal growth but also strengthens the foundation for future success.

Samuel Pachoud (EY) on the value of ChMC accreditation

Samuel Pachoud is a partner in EY’s consulting division

A framework for success: The power of structure

The ChMC accreditation itself signifies a commitment to excellence. It demonstrates a consultant’s adherence to ethical principles and their proficiency within a robust competency framework. This recognition enhances credibility and inspires trust among clients navigating the complexities of the energy sector.

The framework also provides a valuable structure for consultants, outlining core competencies that guide effective project management, leadership, and strategic thinking. This ensures high-quality service delivery across the consulting industry and is especially important in the dynamic energy transition landscape where clear structure is crucial.

Furthermore, the ChMC designation emphasises the importance of stakeholder management, fostering a collaborative approach. It encourages consultants to consider the broader societal impact of their work and to work towards a common goal of a sustainable future. This emphasis on collaboration aligns perfectly with the collective spirit needed within the energy transition sector.

By working together, consultants can leverage their diverse expertise and perspectives to accelerate progress towards a cleaner future.

Further readingMCA finds chartered status helps advance industry standards.

The value of ChMC for leaders

For industry leaders, the ChMC accreditation offers a valuable tool for developing their teams. The reflective process and structured framework provide a foundation for continuous learning and improvement.

Encouraging team members to pursue ChMC demonstrates a commitment to professional development and sets a high bar for excellence. This ultimately benefits both consultants and their clients, leading to more effective project delivery and a more sustainable energy future.

ChMC encourages a collaborative approach, not only by emphasising stakeholder management but also by establishing a common standard of professionalism and ethics. This instils confidence in clients while preserving the creativity and diversity inherent in consulting. This balance between structure and innovation is particularly pertinent in the energy sector, where stakeholders must collaborate closely to tackle the pressing challenges of decarbonisation within tight timeframes.

In the world of energy transition, stakeholder management is critical. The importance of engaging with clients to understand their needs and develop bespoke solutions cannot be overstated.

With the looming deadline of 2050 for substantial energy changes, effective collaboration will be the key to successful outcomes. The ChMC accreditation equips consultants with the tools to navigate these challenges while maintaining a unified vision for progress.

For consultants across all fields, this designation provides a valuable framework for success and a rewarding journey of self-discovery, whether they work within or outside the energy transition sector. I strongly advocate for industry-wide recognition of ChMC. It acknowledges the demanding nature of consulting work and is more than just a credential. ChMC represents a commitment to professional excellence, ethical practice, and a collaborative approach to problem-solving.

The Chartered Management Consultant (ChMC) accreditation is the highest status consultants can achieve in the UK’s management consulting profession. Over 1,200 consultants have to date achieved Chartered status. The accreditation is managed by the Management Consultancies Association and the Chartered Management Institute.