IMCI_Delhi-44th_ABCeMag-310111.161211001
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de-limiting excellence<br />
Institute of<br />
Management<br />
Consultants of<br />
India,<br />
<strong>Delhi</strong><br />
Dear Readers,<br />
Greetings!<br />
Gandhiji said, “We must become the<br />
change we want to see.”<br />
Lets resolve to work with<br />
Impeccable Professionalism…<br />
Mutually Clear Terms of Reference…<br />
Code of Ethics…<br />
Inspiring other Professionals…<br />
We owe this to !ncredible India…<br />
Cheers,<br />
Rajiv Khurana,<br />
CMC, FIMC<br />
January<br />
16-31, 2011<br />
Join ‘<strong>IMCI</strong> DELHI’ on<br />
Editor<br />
in this issue…<br />
Benefits of using freelance<br />
consultants<br />
2-4<br />
Retired executive with an old briefcase 5-6<br />
Tips for Consultants 7-8<br />
About <strong>IMCI</strong> & Code of Ethics 9<br />
Certified Management Consultant TM<br />
T he int ernat ion al cred ent i als of a<br />
professional management consultant,<br />
reciprocally recognised by global members<br />
of the International Council Of Management<br />
C o n s u l t i n g I n s t i t u t e s [ I C M C I ]<br />
Misc. 10
de-limiting excellence<br />
Institute of<br />
Management<br />
Consultants of<br />
India,<br />
<strong>Delhi</strong><br />
What are the benefits of using a Freelance Consultant /<br />
Trainer for your next project?<br />
Companies are often wary of employing freelance trainers<br />
when setting up a new project or contemplating a 'roll out'<br />
operation or ‘change’ scenario. There are however distinct<br />
advantages to using freelance as against permanent<br />
resources, and some of these are outlined as follows.<br />
1. Financial<br />
Although the initial costs (hourly/daily rate) of freelance<br />
trainers may seem expensive, this has to be set against<br />
the fact that there are no costs of in house benefit<br />
packages, no pensions commitment, no payment for<br />
holidays or sick time etc.<br />
Also, the cost is fixed, purely for the term of the contract,<br />
and can be budgeted into the overall project. Once the<br />
project (and contract) are completed, there are no<br />
ongoing employment costs or costs of redundancy etc.<br />
2. Skills<br />
Often a client does not have the requisite expert skills in<br />
house that are required to produce training quickly and<br />
effectively for a new project or roll out. It is often more<br />
cost effective to employ a freelancer who has these skills,<br />
than waiting for existing employees to gain sufficient<br />
depth of knowledge and expertise.<br />
January<br />
16-31, 2011<br />
2/10<br />
Alag Tewar,<br />
Alag Flavour<br />
However, as part of the freelance contract, the client<br />
should arrange that the freelancer transfer those skills<br />
required to permanent employees for ongoing<br />
maintenance of the project after the contract has finished.<br />
3. Focus on the project<br />
Permanent employees often have their own personal<br />
priorities. They are concerned with day to day 'office<br />
politics', enhancing their career and promotion prospects<br />
etc. Combine this with time spent on company activities,<br />
such as meetings etc. and in most companies the actual<br />
applied working time of the average employee is only<br />
about 50% of their time at work.
de-limiting excellence<br />
Institute of<br />
Management<br />
Consultants of<br />
India,<br />
<strong>Delhi</strong><br />
Freelance workers have no interest in company<br />
politics, career chasing, internal meetings etc. and<br />
tend to focus 100% on the project they are working<br />
on. The freelancer has a fixed deadline, i.e. the end<br />
date of the contract and will normally always ensure<br />
that the work is completed to the project milestones.<br />
4. Commitment<br />
A freelancer is only as good as their last project.<br />
They tend to gain employment mostly by referral and<br />
it is in their interest therefore, to always do as good a<br />
job as possible on each project. There is no<br />
advantage to the freelancer in spinning out the<br />
project unnecessarily, as this would reflect on future<br />
opportunities.<br />
This means that you tend to get 100% commitment<br />
throughout the project, as a freelancer will tend to<br />
avoid all distractions and try to complete the project<br />
ahead of milestones where possible. After all, there<br />
is normally no 'overtime' pay for the freelancer and<br />
therefore no advantage in making the work last any<br />
longer than necessary.<br />
January<br />
16-31, 2011<br />
3/10<br />
5. Project planning<br />
Normally, a freelancer will commit to a project<br />
without provision for vacations or other time off. This<br />
makes it easier when setting up project plans and<br />
milestones, as the potential of employees requesting<br />
time off does not have to be factored into the project<br />
plans.<br />
6. Desire to work<br />
The freelancer does not have the comfort zone of<br />
permanent employment and is hungry to work.<br />
Their motivation is normally extremely high and does<br />
not require any external stimulation, as is often the<br />
case with long-term permanent employees.<br />
Alag Tewar,<br />
Alag Flavour
de-limiting excellence<br />
Institute of<br />
Management<br />
Consultants of<br />
India,<br />
<strong>Delhi</strong><br />
7. Up to Date Skills/Qualifications<br />
The freelance trainer has to compete in a constantly changing marketplace<br />
for contracts of varying requirements. For this reason they tend to constantly<br />
update their skills and certifications to attract work from customers. You will<br />
often find that freelance trainers have one or more of the following<br />
qualifications – IITT, CIPD, ITOL, ISMA or ECDL as well as accreditations<br />
from relevant vendors, and they are constantly updating them in order to<br />
secure contracts. This gives you recognised quality that you have not had to<br />
finance.<br />
8. Work force motivational factors<br />
Using an external expert consultant can demonstrate to your work force that<br />
the company is committed to adding value to their personal<br />
development. Using internal staff does not always create the same feeling<br />
that the company is willing to spend to increase employee skills.<br />
Using an external consultant can provide more freedom of expression and<br />
opinion by delegates during the training sessions. Your delegates will feel<br />
less constrained by internal company politics and restrictions when<br />
discussing things with an external consultant, who they do not perceive as<br />
part of the ‘company machine’. This can lead to much more open discussion<br />
and participation by delegates, which can greatly enhance the effectiveness<br />
of the training.<br />
January<br />
16-31, 2011<br />
4/10<br />
Alag Tewar,<br />
Alag Flavour<br />
9. Wide ranging experience and fresh ideas<br />
Invariably freelance consultants, by the very nature of their work, will have<br />
worked across a wide and varied cross section of industries and<br />
organisations, in both the private and public sectors. They can provide<br />
valuable ‘real world’ experience and ideas that your staff may not have<br />
knowledge of, due to having to focus on their normal day-to-day occupations.<br />
This can be invaluable during times of change and can promote a sense of<br />
‘thinking outside of the box’ by delegates and staff that they have contact<br />
with.<br />
Summary<br />
So, if you are considering a new project, roll out or change scenario, think<br />
carefully about how it will be resourced. In many cases, you will find the best<br />
solution is to use freelance resources to complement your existing workforce.<br />
Acknowledgements<br />
Adapted from an original article by John Roberts, Director of JayrConsulting Ltd.<br />
(www.jayrconsulting.co.uk ) .This article may be freely reproduced / modified and<br />
used in any way, providing this acknowledgement is left in its entirety.
de-limiting excellence<br />
Institute of<br />
Management<br />
Consultants of<br />
India,<br />
<strong>Delhi</strong><br />
January<br />
16-31, 2011<br />
5/10<br />
The Retired<br />
Executive<br />
with an Old<br />
Briefcase<br />
T Ramaswamy<br />
CMC<br />
MBA from IIMA,<br />
Certified<br />
Management<br />
Consultant with<br />
35 years'<br />
consulting<br />
experience in<br />
value based<br />
management.<br />
In these days of plethora of gurus in every<br />
field of human activity we also witness human<br />
beings spending their post retirement era in<br />
the company of a torn brief case. They claim<br />
to have spent years as executives of<br />
organizations which in reality are only a<br />
collection of ineffectual individuals. These<br />
gentlemen parade their obsolete knowledge<br />
which they consider as experience, calling<br />
themselves as consultants. If you ask what is<br />
their field of specialization the answer will not<br />
be easily forthcoming. Most of them will take<br />
shelter on some pretext or other. Some will<br />
express an urgent pressure to visit the rest<br />
rooms, some others to catch a train or bus<br />
and many others pretend to be very busy. The<br />
expression consultant, to them, is a cover for<br />
their shallow, superficial knowledge which is<br />
not of use except as a means of engaging<br />
others in bluff loaded conversation.<br />
The victim of such consultants will be called<br />
upon to book passages and hotel<br />
accommodation at the client's expense and<br />
provide them with all information which they<br />
may even use by making a thundering<br />
presentation. The innocent among them die a<br />
natural death for they speak the truth about<br />
their limitations to do anything professional<br />
except typing a few letters or talking to some<br />
one for favors. The enterprising among them<br />
make a thundering speech and impression<br />
which will make the listener daze and faint. In<br />
fact they play the role as fixers for getting<br />
things done. This ranges from services for<br />
obtaining big contracts to get licenses and<br />
permits which normally is difficult for ordinary<br />
straight thinking men. They master the special<br />
round about maze of routes through which the<br />
papers travel and the bottlenecks manifest.<br />
Alag Tewar,<br />
Alag Flavour
de-limiting excellence<br />
Institute of<br />
Management<br />
Consultants of<br />
India,<br />
<strong>Delhi</strong><br />
January<br />
16-31, 2011<br />
6/10<br />
They do overcome the bottlenecks by<br />
the strength and weight of the briefcase<br />
which often takes the size of a suitcase,<br />
and which has witnessed many a cash<br />
transaction. The frequency and intensity<br />
of use of this has caused wear and tear<br />
giving it the appearance of a torn brief<br />
case. They are in great demand and<br />
against them; professionals with mere<br />
skill and knowledge are total failures.<br />
They live lavishly and acquire assets and<br />
parade them. Some of them have<br />
several vehicles at their command, with<br />
fancy numbers and they manage to see<br />
that no questions are asked by revenue<br />
authorities or any one worth the name in<br />
the official hierarchy, about the source of<br />
their income. They are result oriented<br />
and these achievers always talk in terms<br />
of millions of currency units .These<br />
currency consultants are much sought<br />
after for pushing projects from the<br />
underground to the foreground. All that<br />
they have is the torn brief case which<br />
serves as a good carrier of currency<br />
bundles. May they be blessed for they<br />
bring blessings to many?<br />
Alag Tewar,<br />
Alag Flavour<br />
*Personal views of the Author only
de-limiting excellence<br />
Institute of<br />
Management<br />
Consultants of<br />
India,<br />
<strong>Delhi</strong><br />
I like to do a thorough review on my client<br />
companies and their markets to see what trends<br />
are likely to affect operations. However, it seems<br />
the press has become so partisan, there are few<br />
places other than paid research to get a sense of<br />
what emerging factors are relevant to my clients.<br />
Whether or not you believe that news is increasingly<br />
partisan, it is true that news is an expensive business<br />
and deep investigative journalism, especially for local<br />
coverage, is becoming rare. It does seem that it takes<br />
more work on your part to develop a thorough picture<br />
of a company, market or industry. However, it is not<br />
impossible if you develop (and constantly refine) a<br />
process to structure information searches.<br />
We seem to forget, in the age of Google and Deep<br />
Web search, that there are people who really know<br />
how to structure and execute information search. The<br />
right combination of library science, technology savvy,<br />
and access to a broad range of online and print<br />
resources is a tremendous asset in your knowledge<br />
search. Most of us would do well to take advantage of<br />
larger municipal, university or corporate libraries and<br />
staff. Work through a colleague, local professor or ask<br />
your client to gain access. Don't assume the browser<br />
on your computer is equivalent to the skills and tools<br />
available to someone who manages information for a<br />
living.<br />
January<br />
16-31, 2011<br />
7/10<br />
Tip: Don't forget that there are some serious news<br />
sources that really have a unique eye on current<br />
events. A source like the Pulitzer winning ProPublica,<br />
an investigative news organization run by the former<br />
managing editor of the Wall Street Journal, is one of a<br />
few notable independent and high-quality news<br />
sources.<br />
Alag Tewar,<br />
Alag Flavour
de-limiting excellence<br />
Institute of<br />
Management<br />
Consultants of<br />
India,<br />
<strong>Delhi</strong><br />
January<br />
16-31, 2011<br />
8/10<br />
Despite the possibility of offering more consulting<br />
services, for some clients we have done all we can<br />
and it is time to end the relationship. Any tips on<br />
how best to do this?<br />
Above all, make the exit a well managed one. Just<br />
reaching the end of the current task, submitting a final<br />
invoice and saying your good-byes is not enough.<br />
Three areas are worth attending to:<br />
-Fulfill and document all work commitments to assure<br />
your reputation for integrity remains intact. Make sure<br />
the client has the data and tools to fully implement your<br />
-Conduct an orderly "social" exit, in which you spend<br />
enough time with key client staff to make sure they<br />
understand and can implement your work products and<br />
processes.<br />
-Explain the terms under which they can contact you for<br />
additional assistance and the basis for your departure.<br />
Make a plan to connect with those individuals from<br />
client staff who have moved on and the terms of how<br />
they may use your services in the future. Specifically, it<br />
is likely that when they left the employ of your client,<br />
you were precluded from working with them in their new<br />
jobs. You may be obligated under contract with the<br />
client you are about to leave to limits on how you may<br />
contact them and/or work with them. These terms may<br />
change with your departure so you should be prepared<br />
to reengage with them as appropriate.<br />
Tip: Spend plenty of time with your primary client<br />
sponsor leading up to your departure. To smooth the<br />
transition, especially for clients you have served for<br />
several years, talk about what services you will no<br />
longer be providing and how (if needed) those skills<br />
and services will be replaced by client staff or other<br />
service providers. Make sure they are fully aware of all<br />
the value you have provided. Finally, express your<br />
gratitude for the opportunity to provide services during<br />
your tenure.<br />
Alag Tewar,<br />
Alag Flavour
de-limiting excellence<br />
Institute of<br />
Management<br />
Consultants of<br />
India,<br />
<strong>Delhi</strong><br />
January<br />
16-31, 2011<br />
9/10<br />
Alag Tewar,<br />
Alag Flavour<br />
ICMCI<br />
The International Council of<br />
Management Consulting Institutes<br />
is the global association of national<br />
management consulting institutes<br />
from around the world. These<br />
national institutes administer, in<br />
accordance with world class<br />
standards, the international "CMC"<br />
certification Certified Management<br />
Consultant earned by individual<br />
professional management<br />
consultants.<br />
More details: icmci.org<br />
<strong>IMCI</strong><br />
The Institute of Management Consultants<br />
of India (<strong>IMCI</strong>) is the apex body of<br />
management consulting professionals,<br />
being the only registered institute of<br />
established management consultancy<br />
firms and practicing individuals in the<br />
country.<br />
Constituted in 1991, <strong>IMCI</strong> was formerly<br />
known as the Management Consultants’<br />
Association of India (MCAI), which was<br />
founded in 1963.<br />
In 1989, <strong>IMCI</strong> became the first Asian<br />
organisation to be accepted for<br />
membership of the International Council<br />
of Management Consulting Institutes<br />
(ICMCI), the global apex body of<br />
Management Consulting Institutes. ICMCI<br />
has 46 member countries in the world.<br />
The Executive Secretariat of <strong>IMCI</strong> is<br />
located in Mumbai. The Institute has<br />
regional Chapters in Ahmedabad,<br />
Bangalore, Calcutta, Chennai (Madras),<br />
<strong>Delhi</strong>, Hyderabad, Mumbai (Bombay) and<br />
Pune.<br />
CMC Designation<br />
<strong>IMCI</strong> endeavors to raise the standards of<br />
management consulting by awarding<br />
Certified Management Consultant (CMC)<br />
designation to individual members who<br />
have passed a qualifying examination<br />
and have met the profession’s standards<br />
of competence and ethics. The CMC<br />
designation implies international<br />
recognition to worldwide standards.<br />
Code of<br />
Professional<br />
Conduct for<br />
<strong>IMCI</strong> members<br />
Minimum Guidelines<br />
Confidentiality<br />
A member will treat client information as<br />
confidential and will not take personal advantage<br />
of privileged information gathered during an<br />
assignment, or enable others to do so.<br />
Unrealistic Expectations<br />
A member will refrain from encouraging unrealistic<br />
expectations or promising clients that benefits are<br />
certain from specific consulting services.<br />
Commissions / Financial Interests<br />
A member will neither accept commissions,<br />
remuneration or other benefits from a third party<br />
in connection with recommendations to a client<br />
without the client’s knowledge and consent, nor<br />
fail to disclose any financial interest in goods or<br />
services which form part of such<br />
recommendations.<br />
Assignments<br />
A member will only accept assignments for which<br />
the member has the skill and knowledge to<br />
perform.<br />
Conflicting Assignments<br />
A member will avoid acting simultaneously (in<br />
potentially conflicting situations) without<br />
informing all parties in advance that this is<br />
intended.<br />
Conferring with Clients<br />
A member will ensure that before accepting any<br />
engagement, a mutual understanding of the<br />
objectives, scope, work plan and fee arrangements<br />
is established and any personal, financial or other<br />
interests which might influence the conduct of the<br />
work are disclosed.<br />
Recruiting<br />
A member will refrain from inviting an employee of<br />
a client to consider alternate employment without<br />
prior discussion with the client.<br />
Approach<br />
A member will maintain a fully professional<br />
approach in all dealings with clients, the general<br />
public and fellow members.<br />
Code of Professional Conduct
de-limiting excellence<br />
Institute of<br />
Management<br />
Consultants of<br />
India,<br />
<strong>Delhi</strong><br />
Visit<br />
http://twitter.com/imcidelhi<br />
Imagine<br />
January<br />
16-31, 2011<br />
10/10<br />
Alag Tewar,<br />
Alag Flavour<br />
A Client has recommended<br />
your name to speak at an<br />
overseas conference.<br />
What does it take?<br />
Patron:<br />
Dr. M.B.Athreya<br />
Mentors:<br />
Dr. S.R.Mohnot<br />
Mr. Shashi Budhiraja<br />
Dr. Sunil Abrol<br />
Past Chairmen:<br />
Mr. Ashok Kumar<br />
Mr. Ramesh Tyagi<br />
Chairman<br />
Rajiv Khurana<br />
Dy. Chairman<br />
Sumit Chaudhuri<br />
Hon. Secretary<br />
Vijay Nagrani<br />
Hon. Treasurer<br />
M S Sridhar<br />
Executive Members<br />
S A Khader<br />
Anand Chhabra<br />
Regional Rep.<br />
S A Khader<br />
We await your<br />
ideas,<br />
suggestions,<br />
contribution,<br />
support …<br />
<strong>IMCI</strong> – <strong>Delhi</strong><br />
imcidelhi@gmail.com<br />
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