Institute of Consulting

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The Institute of Consulting (IC) is the professional body for consultants and business advisers in the United Kingdom. It replaced the former Institute of Business Consulting (IBC) in January 2011, which was itself formed as the merger of two predecessor bodies, the Institute of Management Consultants (IMC) and the Institute of Business Advisors (IBA). The Institute of Consulting is an organisation within the Chartered Management Institute (CMI).

Contents

The IC offers several grades of membership, qualifications, training and awards as well as a range of tools and resource to support members. The institute also operates an accreditation process for its members.

History

During a conference held in Paris during the 1950s, the Big Four consultancy companies at that time agreed to form the Management Consultancies Association. This was developed further into a professional institute and the Institute of Management Consultants came into being in 1962. Having changed its name during the 1990s to the Institute of Management Consultancy to enable corporate membership, the organisation began discussions about merging with the CMI in 2005. This led to the IMC becoming an organisation within the CMI later that year, but the two institutes remained as separate entities.

At the time of the merger with CMI, the IMC were themselves approached by the Institute of Business Advisors (IBA) about combining membership. After lengthy discussions, the IMC and IBA merged in 2007 to become the Institute of Business Consulting, an amalgamation of their two previous names.

Both the IBC and CMI suffered as a result of the recession caused by the financial crisis of 2008. In 2010, the organisations established closer working links and relationships and, following feedback from members and the changing scope of their work, removed the word 'business' from the name, becoming the Institute of Consulting.

Membership

There are 4 grades of membership within the IC:

Qualifications and training

The Institute of Consulting has several qualifications available for members, and offers courses to members and non-members. It offers several certifications and diplomas: [1]

See also

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References

  1. "Chartered Management Consultant". Chartered Management Institute. Retrieved 12 November 2020.