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Bridging the Gap: From the Consulting Industry to the Management Consulting Profession

Effective Managers

In the world of consulting, a distinction is often overlooked: the difference between the industry at large and the profession of management consulting. This distinction is crucial, as it separates those who simply sell hours for dollars from those committed to a higher standard of service, ethics, and accountability.

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Ethics Lapses Rears Its Ugly Head, Yet Again…

The Consultants Peer Group

Ethics is a crucial aspect of management consulting, as it affects the trust, reputation, and value of the profession. Management consultants are expected to adhere to high ethical standards and principles, such as those set forth by the Institute of Management Consultants USA (IMC USA) in its Code of Ethics1.

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2024 Events for Project Managers, Business Leaders, and Industry Professionals

Epicflow

Check out our selection of events for project/resource managers, business leaders, and industry professionals, which will provide you with valuable insights into recent trends and challenges, networking opportunities, and contribute to your professional development.

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Consulting Ethics Challenges

The Consultants Peer Group

Where’s the lead sentence of my March 28, 2023 Blog, Consulting Ethics Concern Once Again , “Lack of consulting ethics once again. I went on to describe some recent consulting ethics lapses and proposed fixes. Peter Westlund CMC® showed a path to avoid these ethical traps through professionalism.

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Consulting Ethics Concern, Once Again

The Consultants Peer Group

Lack of consulting ethics once again. Over the past week both NPR and Wall Street Journal have reviewed the book, The Big Con: How the Consulting Industry Weakens Our Businesses, Infantilizes Our Governments, and Warps Our Economies , by authors Mariana Mazzucato and Rosie Collington in which they skewer the consulting industry.

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Consulting Industry vs. Consulting Profession

The Consultants Peer Group

The consulting industry is a broad, inclusive term that refers to all companies and individuals that offer consulting services, or sellers of expertise. These can range from large multi-national firms to boutique firms that specialize in specific industries or functions and to individuals, all together make the industry.

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Why ISO 20700 Matters: The Future of Management Consulting

Effective Managers

In the fast-paced and evolving world of management consulting, staying ahead of the curve is paramount. The introduction of ISO 20700, the first global service delivery standard for management consultants, marks a significant milestone in this pursuit. Enhancing Credibility and Trust For management consultants, credibility is key.