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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 />

This eMag is meant for free electronic circulation amongst members & friends of <strong>IMCI</strong> - <strong>Delhi</strong>

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