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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 />
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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 />
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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>