1. Management Consulting https://store.theartofservice.com/the-management-consulting-toolkit.html

2. Management consulting 1 'Management consulting' is the practice of helping organizations to improve their performance, primarily through the analysis of existing organizational problems and development of plans for improvement. Organizations may draw upon the services of management consultants for a number of reasons, including gaining external (and presumably objective) advice and access to the consultants' specialised expertise. https://store.theartofservice.com/the-management-consulting-toolkit.html

3. Management consulting - History 1 Management consulting grew with the rise of management as a unique field of study. The first management consulting firm was Arthur D. Little Inc., founded in 1886 as a partnership, and later incorporated in 1909. Though Arthur D. Little later became a general management consultancy, it originally specialised in technical research. https://store.theartofservice.com/the-management-consulting-toolkit.html

4. Management consulting - History 1 Little focused on technical research for the first few years, probably the first real management consulting organization was that started by Frederick Winslow Taylor, who in 1893 opened an independent consulting practice in Philadelphia https://store.theartofservice.com/the-management-consulting-toolkit.html

5. Management consulting - History 1 After World War II, a number of new management consulting firms formed, bringing a rigorous analytical approach to the study of management and strategy https://store.theartofservice.com/the-management-consulting-toolkit.html

6. Management consulting - History 1 The industry experienced significant growth in the 1980s and 1990s, gaining considerable importance in relation to national gross domestic product. In 1980 there were only five consulting firms with more than 1,000 consultants worldwide, whereas by the 1990s there were more than thirty firms of this size.Canback, S. 1998a. Transaction Cost Theory and Management Consulting: https://store.theartofservice.com/the-management-consulting-toolkit.html

7. Management consulting - History 1 The industry stagnated in 2001 before recovering after 2003, with a current trend towards a clearer segmentation of management consulting firms. In recent years, management consulting firms actively recruit top graduates from Ivy League universities, Rhodes Scholars, and students from top MBA programs. https://store.theartofservice.com/the-management-consulting-toolkit.html

8. Management consulting - Specialization 1 Management consulting refers generally to the provision of business services, but there are numerous specialties, such as information technology consulting, human resource consulting, virtual management consulting and others, many of which overlap, and most of which are offered by the larger diversified consultancies. So-called boutique consultancies, however, are smaller organizations focusing upon a few of such specialties. https://store.theartofservice.com/the-management-consulting-toolkit.html

9. Management consulting - Current state of the industry 1 Management consulting has grown quickly, with growth rates of the industry exceeding 20% in the 1980s and 1990s (O'Mahoney 2010[O'Mahoney, J. (2010) Management Consulting. Oxford University Press]) As a business service, consulting remains highly cyclical and linked to overall economic conditions. The consulting industry shrank during the 2001-2003 period, but grew steadily until the recent economic downturn in 2009. Since then the market has stabilised. https://store.theartofservice.com/the-management-consulting-toolkit.html

10. Management consulting - Trends 1 In some parts of the world this trend is now being reversed where the firms are rapidly rebuilding their management consulting arms as their corporate websites clearly demonstrate. https://store.theartofservice.com/the-management-consulting-toolkit.html

11. Management consulting - Government consultants 1 The use of management consulting in governments is widespread in many countries but can be subject to misunderstandings and resultant controversy. https://store.theartofservice.com/the-management-consulting-toolkit.html

12. Management consulting - Criticism 1 A number of critical books about management consulting argue that the mismatch between management consulting advice and the ability of executives to actually create the change suggested results in substantial damages to existing businesses https://store.theartofservice.com/the-management-consulting-toolkit.html

13. Management consulting - Professional qualifications 1 * The Management Consulting Excellence (MCE) certification https://store.theartofservice.com/the-management-consulting-toolkit.html

14. Management consulting - Professional qualifications 1 * Advanced Professional Degrees such as PhDs or Master's degrees in Industrial/Organizational Psychology, Industrial Psychology Organizational Psychology, Engineering, Economics and Science, Doctor of Medicine|MDs, Juris Doctor|JDs etc. are specifically targeted by firms like McKinsey Company|McKinsey, Bain Company, Arthur D. Little and the Boston Consulting Group. These degrees may also have concentrations in management consulting, international management, or other relevant focus https://store.theartofservice.com/the-management-consulting-toolkit.html

15. Management consulting - Professional qualifications 1 * Consulting qualifications: Multidimensional Human Factor Management Consulting (MDHFM) Multidimensional Human Factor Management School Germany by Luis Daniel Maldonado Fonken- https://store.theartofservice.com/the-management-consulting-toolkit.html

16. IT consulting - Management consulting and IT consulting 1 There is a relatively unclear line between management consulting and IT consulting. There are sometimes overlaps between the two fields, but IT consultants often have degrees in computer science, electronics, technology, or management information systems while management consultants often have degrees in accounting, economics, Industrial Engineering, finance, or a generalized MBA (Masters in Business Administration). https://store.theartofservice.com/the-management-consulting-toolkit.html

17. International Council of Management Consulting Institutes 1 The 'International Council of Management Consulting Institutes' has since 1987 been the professional body worldwide for management consultants. It exists to: https://store.theartofservice.com/the-management-consulting-toolkit.html

18. International Council of Management Consulting Institutes 1 * Increase the acceptance and respect of the management consulting profession https://store.theartofservice.com/the-management-consulting-toolkit.html

19. International Council of Management Consulting Institutes 1 * Increase the international and regional profile of management consulting https://store.theartofservice.com/the-management-consulting-toolkit.html

20. International Council of Management Consulting Institutes 1 * Prepare and promulgate Standards for management consulting to be adopted internationally https://store.theartofservice.com/the-management-consulting-toolkit.html

21. International Council of Management Consulting Institutes - History 1 In May 1987, thirty-two management consultants from ten countries met to explore the common ground between professional institutes which were known to certify individual management consultants. At the end of the two day meeting the delegates proposed the formation of an International Council of Management Consulting Institutes to improve the certification of management consultants around the world. IMCs of seven countries formed the founding members of the new Council. https://store.theartofservice.com/the-management-consulting-toolkit.html

22. International Council of Management Consulting Institutes - CMC FIRM 1 The “CMC Firm” is an international accreditation of Management Consulting firms driven by the International Council of Management Consulting Institutes (ICMCI) and supported by all the Institutes of Management Consulting Members of ICMCI. ICMCI manages the global directory of the CMC Firms, published within the ICMCI web site. https://store.theartofservice.com/the-management-consulting-toolkit.html

23. International Council of Management Consulting Institutes - CMC FIRM 1 The concept is based on accrediting a firm in recognition for its high standards of excellence with a specific focus on ethical practices, standards of conduct as well as its practice of management consulting. https://store.theartofservice.com/the-management-consulting-toolkit.html

24. International Council of Management Consulting Institutes - CMC FIRM 1 One way to determine this is by reviewing internal development programs, career paths as well as clearly demonstrating that a number of senior management consulting practitioners are either already CMCs or working towards getting their designation. https://store.theartofservice.com/the-management-consulting-toolkit.html

25. International Council of Management Consulting Institutes - CMC FIRM 1 - Management Consulting firm competency model https://store.theartofservice.com/the-management-consulting-toolkit.html

26. International Council of Management Consulting Institutes - CMC FIRM 1 Being included in the global directory of the CMC Firms is an asset for each accredited Management Consulting firm thanks to the global recognition of their own standard of excellence reached with a specific focus on ethical practices and standards of conduct, internal processes as well as its practice of management consulting. https://store.theartofservice.com/the-management-consulting-toolkit.html

27. International Council of Management Consulting Institutes - The ICMCI Academic Fellow 1 The ICMCI Academic Fellow designation is intended to be a mark of distinction which recognises academics from around the world who have contributed to the study and teaching of management consultancy. It is awarded by ICMCI to suitably qualified individuals based upon the recommendation of the local Institute of Management Consulting (IMC). https://store.theartofservice.com/the-management-consulting-toolkit.html

28. International Council of Management Consulting Institutes - The ICMCI Academic Fellow 1 Candidates must hold a position at a recognised academic institution, specifically a publically accredited university and must be engaged in research and/or teaching within the external or internal management consulting field for a minimum of five years. https://store.theartofservice.com/the-management-consulting-toolkit.html

29. International Council of Management Consulting Institutes - The ICMCI Academic Fellow 1 The attraction and engagement of a new stakeholder group that will add valuable new perspectives and insights within their management consulting community along with the expectation that the Fellow will demonstrate tangible on-going involvement with the management consulting profession. https://store.theartofservice.com/the-management-consulting-toolkit.html

30. International Council of Management Consulting Institutes - The ICMCI Academic Fellow 1 Increased membership through the potential development of management consulting streams within MBA or related Masters programs which could lead to award of the CMC credential upon suitable demonstration of knowledge (know what) and competence (know how). https://store.theartofservice.com/the-management-consulting-toolkit.html

31. International Council of Management Consulting Institutes - The ICMCI Academic Fellow 1 Support for appropriate international research projects within the management consulting field, in terms of providing industry contacts and primary research respondents, along with endorsement of funding applications. https://store.theartofservice.com/the-management-consulting-toolkit.html

32. International Council of Management Consulting Institutes - International programmes 1 The ICMCI Academic Fellow designation is a mark of distinction which recognises academics from around the world who have contributed to the study and teaching of management consultancy. It is awarded by ICMCI to suitably qualified individuals based upon the recommendation of the local Institute of Management Consulting (IMC). https://store.theartofservice.com/the-management-consulting-toolkit.html

33. International Council of Management Consulting Institutes - International programmes 1 ICMCI awards an international accreditation of Management Consulting firms called the “CMC Firm”. The accreditation recognises a firm for its high standards of excellence with a specific focus on ethical practices, standards of conduct in addition to ability to practice management consulting to the highest standards. ICMCI manages the global directory of the CMC Firms, published within the ICMCI web site. https://store.theartofservice.com/the-management-consulting-toolkit.html

34. Mitt Romney - Management consulting 1 In 1977, he was hired by Bain Company, a management consulting firm in Boston formed a few years earlier by Bill Bain (consultant)|Bill Bain and other ex-BCG employees.Hewitt, A Mormon in the White House?, pp https://store.theartofservice.com/the-management-consulting-toolkit.html

35. For More Information, Visit: https://store.theartofservice.co m/the-management- consulting-toolkit.html https://store.theartofservice.co m/the-management- consulting-toolkit.html The Art of Service https://store.theartofservice.com