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Institute of<br />

Management<br />

Consultants of<br />

India,<br />

<strong>Delhi</strong><br />

May 16-31,<br />

2009<br />

Lets wipe our<br />

vision on<br />

June 5 th …and<br />

each day<br />

World Environment Day (WED)<br />

was established by the<br />

UN General Assembly in<br />

1972 to mark the opening<br />

of the Stockholm<br />

Conference on the Human<br />

Environment.<br />

Commemorated yearly on 5<br />

June, WED is one of the<br />

principal vehicles through<br />

which the United Nations<br />

stimulates worldwide<br />

awareness of the<br />

environment and<br />

enhances political<br />

attention and action.<br />

The theme for WED 2009 is<br />

'Your Planet Needs You-<br />

UNite to Combat Climate<br />

Change'. It reflects the<br />

urgency for nations to<br />

agree on a new deal at the<br />

crucial climate convention<br />

meeting in Copenhagen<br />

some 180 days later in the<br />

year, and the links with<br />

overcoming poverty and<br />

improved management of<br />

forests.<br />

Certified Management Consultant TM<br />

T he i nternational c r ed en t 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 />

de-limiting excellence<br />

Greetings!<br />

Thank you so much for your consistent<br />

words of appreciation. This time, we are<br />

facing a major space crunch and can’t<br />

print your pats on the back of our<br />

volunteers. We will save at least 2 pages.<br />

We also know that its time to get into<br />

more serious business instead of basking<br />

in our new found glory. Kindly continue to<br />

send your encouraging words, pointed<br />

advise and critical evaluations. Our team<br />

looks forward to it.<br />

‘GURU Speaks…’ was phenomenally<br />

successful. We include a detailed report<br />

for those who could not participate.<br />

The globe re-looks at the environmental<br />

challenges during the first week of June.<br />

We add perspectives of an Academician<br />

cum Consultant along with a<br />

Businessman who is also a social<br />

entrepreneur.<br />

The problems of environment don’t live in<br />

the future. They look into our face NOW.<br />

Take charge!<br />

We are on twitter now.<br />

Best wishes,<br />

Rajiv Khurana, CMC, FIMC<br />

Chairman, <strong>IMCI</strong> - <strong>Delhi</strong><br />

in this issue…<br />

Guru Speaks… pictures 2<br />

Guru Speaks - report: Management<br />

Consulting in The Post-Crisis Era<br />

Guru Speaks - perspective:<br />

Management Consulting in The<br />

Post-Crisis Era<br />

imcidelhi@gmail.com, www.imcidelhi.com<br />

http://sites.google.com/site/imcidelhi,<br />

http://twitter.com/imcidelhi<br />

3-5<br />

6-8<br />

LIFT; CDC announcement 9<br />

What will happen when Ganges<br />

dries up?<br />

“Failing to Notice” the “Peak<br />

Brothers?”<br />

10<br />

11<br />

T20 announcement – June 25 12<br />

About <strong>IMCI</strong> & Code of Ethics 13<br />

Coming up…Archive… 14


de-limiting excellence<br />

Institute of<br />

Management<br />

Consultants of<br />

India,<br />

<strong>Delhi</strong><br />

May 16-31,<br />

2009<br />

2/10<br />

2/14<br />

The PICTURES of the event can be seen at or downloaded from the following link:<br />

http://tinyurl.com/imcidelhi-guruspeaks1-pics


de-limiting excellence<br />

Institute of<br />

Management<br />

Consultants of<br />

India,<br />

<strong>Delhi</strong><br />

First ''GURUSPEAKS'' Special Event held on May 21,2009<br />

The first ''GURUSPEAKS'' special event was jointly hosted by SCOPE and<br />

<strong>IMCI</strong> <strong>Delhi</strong> on the theme ''Management Consulting in the Post-Crisis Era.' The<br />

guru for this event was Dr. MB Athreya, an internationally renowned<br />

management consultant. The proceedings started with Mr. Rajiv Khurana,<br />

Chairman, <strong>IMCI</strong> <strong>Delhi</strong> delivering the welcome address, talking briefly about<br />

<strong>IMCI</strong> and ICMCI activities and introducing Dr. Athreya and Mr. A. Mahapatra,<br />

Member, SCOPE Executive Board and Director (Personnel), MMTC, who<br />

chaired the proceedings.<br />

Mr. Mahapatra in his own inimitable style referred to Dr. Athreya as a<br />

“mahaguru” and said ''when guru speaks, others do not.” Dr. Athreya started<br />

by saying that he feels “great ananda” in addressing the distinguished<br />

audience and stated that the current situation has been referred to as a<br />

financial tsunami in the international press.<br />

Dr. Athreya structured the topic into three aspects :<br />

A. The crisis in two parts – Global and Domestic<br />

B. Post-Crisis developments in terms of continuing managements, new<br />

managements and new organisations created out of mergers and<br />

acquisitions, etc. and<br />

C. Management consulting needs of the three groups of organisations in<br />

the post-crisis phase<br />

A. Global and Domestic Outlook<br />

May 16-31,<br />

2009<br />

3/14<br />

Global Outlook<br />

- Began in the US and is still not over<br />

- It actually comprises of three different facets :<br />

- Housing Mortgage crisis<br />

- Banking crisis, which is actually good upto a point<br />

- Consumer credit card crisis, which is yet to come ( Thrift is<br />

being rediscovered by US families )<br />

- There are three levels of impact resulting in depression, recession<br />

and downturn.<br />

- US has nationalised to some degree but will in all likelihood<br />

denationalise sometime in the future<br />

- Europe, however, is in a better situation<br />

Domestic Outlook<br />

- The downturn is much milder than many other economies though our<br />

exports have fallen somewhat<br />

- The general elections have helped by creating demand<br />

- Real economy has not changed much and the financial economy is a<br />

reliable forecast


de-limiting excellence<br />

Institute of<br />

Management<br />

Consultants of<br />

India,<br />

<strong>Delhi</strong><br />

- Financing pending infrastructure projects ( worth two lakh crores ) will<br />

surely help<br />

- Outlook remains a generally positive forecast and under normal<br />

conditions, we can withstand two successive bad monsoons<br />

- Barcklays’ forecast predicts that the Indian economy will grow by 7%<br />

this financial year<br />

B. Post-crisis era developments and requirements<br />

Continuing Managements<br />

- FMCG companies are relatively less affected and will try to grow<br />

- Realty sector has fallen majorly but is likely to pick up<br />

- Telecom sector has done well as far as topline is concerned though<br />

earnings per customer is not proportionate<br />

- Engineering and capital goods sector are doing quite fine and<br />

automobiles sales have actually been revived in April 2009<br />

- IBM, GE, etc. have internally managed well, Toyota has survived,<br />

NOKIA and CISIO are doing well.<br />

New Managements<br />

- Satyam has a new management now after its turmoil<br />

- Pharma industry has some problems but the US now wants bulk<br />

pharma to come from India now. Daichi has to look after itself<br />

- Sun Micro Systems seems to have gone<br />

May 16-31,<br />

2009<br />

4/14<br />

New organisations created out of mergers and acquisitions<br />

- New kind of organisations are being created through mergers and<br />

acquisitions<br />

- PNB Housing is being divested<br />

- Bharti is going into retail<br />

- Energy question, climate change, etc. are very important issues now<br />

- Suzlon is metamorphosing<br />

- Clean coal energy provides for 50% of energy for India and Australia<br />

- Safe nuclear energy is crucial and companies like L&T, Hitachi, etc.<br />

are doing a good job<br />

- Aesthetics of the environment is gaining prominence<br />

C. Management Consulting Needs of these organisations<br />

Continuing managements<br />

- Improving capacity utilisation<br />

- Proper utilisation of availabe bank credits<br />

- Ability to complete projects, re-gearing sales and marketing is needed<br />

- Stepping up talent recruitment<br />

- Need to strengthen relationship with dealers and vendors


de-limiting excellence<br />

Institute of<br />

Management<br />

Consultants of<br />

India,<br />

<strong>Delhi</strong><br />

New managements<br />

- Before growth must come the management of change with focus on<br />

issues like doubts, worries, anxiety, priorities, suspect loyalties, etc.<br />

- Normal human psyche is to initially resist change<br />

- Must embrace change rather then grudgingly accept change<br />

- Need to motivate the relatively resigned workforce<br />

- Synergy between parent company and the company being taken over is<br />

a crucial area<br />

- We may need to learn something from the company being taken over<br />

and being into the bigger company also<br />

- Establishing equity is very important<br />

- Protection of existing client relationships<br />

New Organisations<br />

- Consolidation the primary challenge<br />

- Focus on launch strategy<br />

- Creation of critical mass size companiesto bring in competitiveness<br />

- Companies must start with a lean organisation. Corporate restructuring<br />

that went on in the nineties needs to continue in terms of portfolio<br />

restructuring and financial engineering must go on<br />

- Developing performance culture rather than having surviving culture<br />

(maintenance culture)<br />

- Our banks are very small by global standards and so need to merge<br />

- Companies that find it difficult to implement ERP, Screen based decision<br />

making, etc. need to have a re-look at their working<br />

- Adopting a model that can be replicated easily is needed and creative<br />

destruction is a must in the M&A process<br />

- Cycles of ups and down are healthy so long as we learn from it<br />

Dr. Athreya feels that the Indian economy is fundamentally sound and the BRIC<br />

countries will be locomotive economies till Japan, US, etc. overcome the<br />

situation.<br />

May 16-31,<br />

2009<br />

In the lively post-presentation interactive session, a large number of questions<br />

were answered very eloquently, which once again gave a glimpse of the<br />

intellectual and analytical prowess of Dr. Athreya.<br />

The deluge of thanks that we have been receiving since the event speaks for<br />

itself about the value addition the event has made to the participants.<br />

Sumit Chaudhuri<br />

5/14<br />

HR Specialist, consulting, training<br />

and teaching for major international<br />

and domestic private, public,<br />

government and non-government<br />

organisations.


de-limiting excellence<br />

Institute of<br />

Management<br />

Consultants of<br />

India,<br />

<strong>Delhi</strong><br />

May 16-31,<br />

2009<br />

6/14<br />

Management Consulting<br />

Post-Down Turn Era<br />

(Address by Dr. MB Athreya at<br />

SCOPE - <strong>IMCI</strong> Forum on 21st May 09)<br />

Financial Tsunami<br />

The global financial crisis of 2008 that got triggered off mainly due to<br />

the combination of unregulated growth of housing mortgages and<br />

investment banking operations in US has affected the economies of<br />

most of the countries. . Further, US being highest consumer of<br />

goods and services produced by other nations, any impact on the<br />

US markets is bound to affect the exports and imports and thus the<br />

economies of many countries globally. As a result counties and<br />

subcontinents are passing through different stages of<br />

depression/recession/slowing down or down-turn. The international<br />

community called it an Economic Tsunami. This has lead to sharp<br />

decline in prices of shares & securities and the market indices<br />

dwindling sown to 10 to 30% in different countries. Thanks to the<br />

timely efforts of governments particularly of major economies with<br />

the implementation of bail-out packages to banking other sectors,<br />

the markets have been able to stabilize a bit and marginally recover<br />

to the tune of 60% in India and 31% in US by April 09. The US’ 100-<br />

day plan of Barrack Obama government and the proposed 45-day<br />

plan by the newly formed UPA government in India in this regard are<br />

mostly talked about.<br />

Still, it is feared that there is more to come due to likely busting of<br />

unhindered growth of consumer credit card market in US, which may<br />

trigger another financial crisis. However, the efforts being put in rediscovering<br />

thrift as a means of sustained life-style and this may not<br />

allow it to have much of an adverse impact on the banking and<br />

financial sectors. However, our policy makers and economic<br />

planners are seized with the issue devising and implementing<br />

innovative strategies of reversing the down-turn of the economy and<br />

bring it back to the growth levels of recent years. The slowing down<br />

of Indian economy has been arrested and now it is hoped, during<br />

first half of 2009 the growth would be around 6.5% and later half<br />

year would witness 7% GDP growth and in two yeas ahead it is likely<br />

to catch up with 9% (2011) according too Barclays estimates, which<br />

was the rate of growth recorded during previous four year period.<br />

The silver-lining is that Indian exports are rising slowly during the last<br />

months after a steep fall of 30% during March 08. It appears the<br />

global economy too is picking up, rather slowly. India has been<br />

maintaining a good stock of its food grains that can meet the impact<br />

of adverse monsoons for two consecutive years and the stable<br />

government at the center is bound to trigger faster growth, as<br />

evidenced by the sudden spurt of sentiment in the stock markets,<br />

immediately after the recent election results.


de-limiting excellence<br />

Institute of<br />

Management<br />

Consultants of<br />

India,<br />

<strong>Delhi</strong><br />

May 16-31,<br />

2009<br />

7/14<br />

Consulting Opportunities Post Down-Turn Era<br />

For management consultants, there is a possibility of<br />

emerging opportunities in three emerging segments of<br />

industry and service sectors, post down-turn era. The first<br />

category of clients would be from the existing<br />

management, who have been aboe to successfully wade<br />

through the down-turn days and would like to stabilize and<br />

expand. These are; - FMCG (Fast Moving Consumer<br />

Goods), Telecom companies, power sector including<br />

growth of renewable-energy enterprises as well as<br />

engineering and automobile manufacturing enterprises.<br />

The second category of organizations which fall under<br />

new managements such as re-furbished companies such<br />

as Stayam, Pharma & Healthcare companies, where the<br />

managements have changed hands owing a variety of<br />

reasons; for instance Sun-Micro Systems & Chrysler as<br />

international examples, where the management has<br />

changed hands due to take-over & mergers/acquisitions.<br />

The third category of prospective clients would be those<br />

that can be termed as new kind of organizations that may<br />

pick up speed such as retail, divestment, mergers &<br />

acquisitions, enterprises that will entail ‘Climate Change’<br />

particularly in renewable energy companies etc.<br />

The first group of enterprises would need services of<br />

project management including commissioning, as they<br />

would be augmenting their capacities to meet the growth<br />

process and they would also be recruiting fresh talent,<br />

means business for placement consultants. As the<br />

purchasing capacity in the market is likely to increase, the<br />

companies need to re-gear their marketing and<br />

distributions systems and development new kind of<br />

relationships with dealers and vendors, which mean<br />

business for marketing and productivity consultants. The<br />

business houses and enterprises, where the management<br />

has gone through some kind of metamorphosis and where<br />

employees may be going through some kind of a shock,<br />

the key issue would be to manage ‘change’ effectively and<br />

also enable the human system to embrace the change.<br />

The potential areas of work for consultants would be in<br />

Change Management, motivating and inspiring the<br />

relatively resigned employees, updating of long-term<br />

plans including budgetary revisions and focusing on the<br />

marketing and dealership issues.


de-limiting excellence<br />

Institute of<br />

Management<br />

Consultants of<br />

India,<br />

<strong>Delhi</strong><br />

May 16-31,<br />

2009<br />

The new organizations that would surely get evolved<br />

during this rebuilding phase of the global and national<br />

economies would throw a new kind of challenges to<br />

the consultants. According to latest WB reports, the<br />

BRIC countries are likely to drive the global economy<br />

to growth in the coming decade not only through<br />

exports but by the shear size of domestic<br />

consumptions itself, with the developed countries<br />

continuing to recoup from the major impacts from the<br />

financial tsunami and till such time a new international<br />

financial order takes an effective shape. The potential<br />

areas of consulting services that would be needed<br />

include; - techno-economic viability of projects<br />

considering the global markets (critical mass & size of<br />

business), corporate restructuring and leanorganization<br />

building, port-folio restructuring, Financial<br />

Re-engineering and cost-basis management. The<br />

focus of our countries would be to rebuild the strong<br />

manufacturing base, where in productivity<br />

improvement based services would of utmost value<br />

including strengthening of SME sector which is already<br />

in the process of creative destruction and rebuilding<br />

itself. All this would mean a challenging kind of work<br />

for management and technical consultants. Above all,<br />

the financial sector would itself be going through a<br />

major re-engineering in our country through mergers<br />

and acquisitions, where in use of appropriate<br />

technology would-be central to its efficient operations<br />

to serve the billions in the country.<br />

During the post down-turn era, the key issue would be<br />

to refocus on real-economy vis-à-vis speculative<br />

financial economy, with effective national & global<br />

regulations; these would throw up a new set of<br />

opportunities and challenges to management<br />

consulting community in the coming years.<br />

S A Khader<br />

8/14<br />

A productivity & competitiveness<br />

consultant and a consultant trainer,<br />

with life-time association with indian<br />

productivity movement


de-limiting excellence<br />

Institute of<br />

Management<br />

Consultants of<br />

India,<br />

<strong>Delhi</strong><br />

A competent leader can get<br />

efficient service from poor<br />

troops; while on the contrary an<br />

incapable leader can<br />

demoralize the best of troops.<br />

- General of the Armies John<br />

J.Pershing<br />

Kind words can be short and<br />

easy to speak, but their echoes<br />

are truly endless.<br />

- Mother Teresa<br />

May 16-31,<br />

2009<br />

People are more<br />

easily led than<br />

driven.<br />

- David Harold Fink<br />

9/14<br />

Leadership Ideas For Today<br />

Extracts from the gift book- LIFT,<br />

pending print, by<br />

- Rajiv Khurana, CMC, FIMC


de-limiting excellence<br />

Institute of<br />

Management<br />

Consultants of<br />

India,<br />

<strong>Delhi</strong><br />

Wake up call<br />

for ABC –<br />

What will<br />

happen when<br />

Ganges dries<br />

up?<br />

April 29, 2009 was the hottest day in <strong>Delhi</strong> in 51 years –<br />

43.5 degrees centigrade. There is more of this to come –<br />

please see Al Gore’s predictions and supported by his<br />

presentation – An Inconvenient Truth. According to Mr. Yvo<br />

de Boer, Executive Secretary, UNFCC “The glaciers in the<br />

Himalayas, which are likely to disappear by 2035, affecting<br />

the water supply of three-quarters of a billion people in<br />

Asia.”<br />

This will mean that the Holy Ganges River will also dry up<br />

as a year round river and will depend on the monsoon<br />

rains only. The question is in Hindi," Jab Ganga sookh<br />

jaigi tub kya?" – In English it translates to “What<br />

happens after the Holy Ganges River dries up?”<br />

What does this mean to us as farmers in Punjab, Haryana,<br />

U.P, Jharkhand, Uttranchal, Bihar, West Bengal etc? What<br />

does it mean to the residents of <strong>Delhi</strong>? We know that the<br />

Ganga does not flow through <strong>Delhi</strong> but it certainly flows<br />

through our hearts and through the taps of <strong>Delhi</strong>! If this<br />

river dries up, can you imagine what this will mean for<br />

many of us who have a preference for our ashes being<br />

immersed in the Ganga River? The sad part of it is that we<br />

politically battle over caste and forget about the issues that<br />

threaten our very existence or developmental issues?<br />

Are we informing the people that this is a disaster waiting<br />

to happen? Is it not right for the people to know of this<br />

threat?<br />

May 16-31,<br />

2009<br />

10/14<br />

Kamal Meattle,<br />

CEO- Paharpur<br />

Business Centre<br />

& Software<br />

Technology<br />

Incubator Park<br />

(PBCTM – STIP)<br />

& GreenSpaces;<br />

environmental<br />

activist<br />

2035 is only 26 years away and the Glaciers are not going<br />

to suddenly dry up on New Years Day 2035! It will happen<br />

much before then and we need to wake up and inform the<br />

people and create awareness and start doing something<br />

about it.<br />

The solution is not entirely in our hands as this is going to<br />

happen due to Global Warming, which in turn is a result of<br />

the excess CO2 in the atmosphere. We have still not learnt<br />

to build walls in the sky and hence are dependent on what<br />

people in China, USA or Europe or elsewhere do. We must<br />

do something ourselves and take this threat with the<br />

seriousness it deserves. The first step is for us to<br />

recognize this threat and be aware of it.


de-limiting excellence<br />

Institute of<br />

Management<br />

Consultants of<br />

India,<br />

<strong>Delhi</strong><br />

The range of<br />

what we see<br />

and do<br />

Is limited by<br />

what we fail<br />

to notice.<br />

And because<br />

we fail to<br />

notice<br />

That we fail<br />

to notice,<br />

There is little<br />

we can do<br />

To change<br />

Until we<br />

notice<br />

How failing<br />

to notice<br />

Shapes our<br />

thoughts and<br />

deeds.<br />

- R.D.Laing*<br />

“Failing to Notice” the “Peak Brothers?”<br />

No one’s failed to notice the results on the election. Undoubtedly, there<br />

is new energy and excitement that India will get moving again, and<br />

rightly so. And certainly the <strong>IMCI</strong> India community will be busy<br />

supporting many companies as they seek to grow domestically and<br />

internationally.<br />

Amidst this excitement, might there be something we’ve “failed to<br />

notice?”<br />

Perhaps we’ve not really notice the “Peak Brothers:” Peak Oil, Peak<br />

Phosphates, Peak Lithium and Peak Water? Back in 1956 M. King<br />

Hubbert, a geologist for Shell, computed the availability of petroleum<br />

resources in the US and came to the conclusion that have of these<br />

would be used up by the early 1970s. He was on target, as the US<br />

resources peaked in 1972. Next he applied his model to the world and<br />

in 1976 showed this graphic:<br />

Look carefully at this graphic. King says if we go back 5 thousand<br />

years and ahead 5 thousand years, the “Washington monument like<br />

spike shows the episode of our discovery and use of petroleum<br />

projects.” He added, “This is the most disturbing thing in human<br />

history!” Do we know this or have we “failed to notice?”<br />

May 16-31,<br />

2009<br />

11/14<br />

Dr. Charles<br />

M. Savage,<br />

President &<br />

Mentor<br />

Knowledge<br />

Era<br />

Enterprises<br />

International<br />

Munich,<br />

Germany<br />

See: http://www.youtube.com/watch?v=ImV1voi41YY<br />

In a similar way, if we put “Peak Phosphates” into Google, we’ll<br />

find that this resource is about to peak just at a time when we need<br />

more fertilizers to feed another billion people coming in the next 14<br />

years. Likewise, try “Peak Lithium” and we’ll find that the key<br />

ingredient for electric cars is more limited than we might have<br />

though. And yes, there’s still a lot of water, but only about 1% is<br />

readily accessible, so “Peak Water” is a growingly troublesome<br />

challenge. Certainly, as the glaciers on the Himalayas melt, one of<br />

India’s key rivers will be profoundly impacted.<br />

Might the <strong>IMCI</strong> <strong>Delhi</strong> “notice” the pending impact of these “Four<br />

Peak Brothers” and begin to help your clients prepare for the<br />

challenging times ahead? After all, with wise judgment, we might<br />

be able to live on this planet for the next 800 million years. But<br />

certainly not if we don’t “notice” these four challenges!<br />

*In a Foreword by Stephen Covey for Alex Pattakos, Prisoners of<br />

Our Thoughts, Viktor Frankl’s Principals at Work. San Francisco:<br />

Berrett-Koehler, 2004.


de-limiting excellence<br />

Institute of<br />

Management<br />

Consultants of<br />

India,<br />

<strong>Delhi</strong><br />

May 16-31,<br />

2009<br />

12/14<br />

Innovative and<br />

exclusive design by <strong>IMCI</strong><br />

<strong>Delhi</strong> to project member<br />

consultants before the<br />

corporate world.<br />

Three members at a<br />

time.<br />

Each Presenter<br />

Talks/Trains for precisely<br />

20 minutes to showcase<br />

calibre.<br />

Totally INFORMAL<br />

ENVIRONMENT<br />

Participants invited for<br />

free.<br />

Each Talk/Training is<br />

uploaded on<br />

youtube.com and<br />

highlights [prepared by<br />

the presenter] printed in<br />

ABC-eMag.<br />

Many such camps<br />

conceived during the<br />

year.<br />

Write to us with a brief<br />

intro of the theme.<br />

If you are not a<br />

member and wish to<br />

present, please be a<br />

member first!<br />

1735 1755 Registration<br />

+ Tea20<br />

1800 1920 T20<br />

Venue: IIC (Annexe)<br />

Conference Room # III,<br />

India International Centre,<br />

40, Max Muller Marg,<br />

New <strong>Delhi</strong> – 110 003<br />

Pref. dress code: Jeans and T-shirt<br />

Business consulting opportunity in the<br />

global bear market<br />

Sudhir Ahluwalia<br />

Ex Indian Forest Service officer and<br />

Business consultant in TCS. Created the<br />

Global Government consulting Group in<br />

TCS.<br />

Benchmarking and Management<br />

Consulting<br />

S.N.Nandi<br />

Management Consultant in Productivity,<br />

Quality & Performance Management.<br />

Former, DDG of NPC with over 3 decades<br />

of consulting experience.<br />

Mentoring at work place<br />

Jitender K Chaudhary<br />

More than two decades of experience in<br />

industry ,consulting and Training. Alumnus<br />

from XLRI, Jamsedhpur<br />

Please send your confirmation at imcidelhi@gmail.com.


de-limiting excellence<br />

Institute of<br />

Management<br />

Consultants of<br />

India,<br />

<strong>Delhi</strong><br />

May 16-31,<br />

2009<br />

13/14<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 />

More details: imcindia.co.in<br />

Code of Professional<br />

Conduct for <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<br />

A member will ensure that other management<br />

consultants carrying out work on the member’s<br />

behalf are conversant with and abide by the Code<br />

of Professional Conduct.


de-limiting excellence<br />

Institute of<br />

Management<br />

Consultants of<br />

India,<br />

<strong>Delhi</strong><br />

Previous<br />

<strong>ABCeMag</strong><br />

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May 16-31,<br />

2009<br />

14/14<br />

The Annual General<br />

Meeting of <strong>IMCI</strong> <strong>Delhi</strong><br />

Chapter will be held as per<br />

the programme given<br />

below:<br />

Date: June 25, 2009<br />

Venue: IIC (Annexe)<br />

Conference Room<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 />

# III,<br />

India International Centre,<br />

40, Max Muller Marg,<br />

New <strong>Delhi</strong> – 110 003<br />

Time:<br />

7.30 pm<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 />

S B Sengupta<br />

Dr. Shiv Dhawan<br />

Regional Rep.<br />

S A Khader<br />

We await<br />

your ideas,<br />

suggestions,<br />

contribution,<br />

support<br />

and…<br />

Videos on<br />

youtube.com<br />

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Celebrate learning!<br />

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<strong>IMCI</strong> – <strong>Delhi</strong><br />

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

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