Press Release

New organisation formed to improve quality of business advice given to UK organisations

17 April 2007 – The Chartered Management Institute is delighted to announce the creation of a new organisation to raise standards of consulting and meet the needs of management consultants and business advisers across the UK.
 
The creation of the Institute of Business Consulting marks the culmination of discussions between the Institute of Business Advisers (IBA) and the Institute of Management Consultancy (IMC) – two organisations within the Chartered Management Institute
 
Speaking at the launch, which took place today at the RSA in central London, Mary Chapman, chief executive of the Chartered Management Institute, focused on the expectations of the client community.  She said: “In an environment which is constantly changing clients are looking for innovative ways to enhance performance and this places responsibility on individual consultants to maintain high levels of competence.  The new Institute will give this support, offering a recognised development path, with high quality resources and certification which will provide an assurance of quality for the client community.”
 
In keeping with its role to uphold high standards for the profession, the new Institute will also have responsibility for maintaining a National Register of Business Support Professionals.  Created for the client community, it provides information and access to advisers and consultants who meet the national standards for business support.
 
For individual members, integration within the Chartered Management Institute also means greater benefits through access to wider support networks and representation by the authoritative voice of the profession.  For clients, the creation of the Institute of Business Consulting is a sign of the profession’s commitment to advancing the standards of professional management, consultancy and advice.
 
The launch of the new Institute also represents the creation of a professional body whose members touch on all areas of the economy – small and large organisations across the public, private and voluntary sectors.  Commenting on the impact this will have, Mary Chapman added: “The new Institute will offer individuals and clients unrivalled access to a resource that gives an authoritative, dynamic and forward-thinking guide to dealing with issues as they arise.  It will provide a framework against which clients can select high quality advisers and consultants and ensure competitive advantage is maintained.”