STRATEGIC CONSULTING CODE
- We will serve our clients
with integrity, competence, and objectivity.
- We will keep client
information and records of client engagements confidential and will use
proprietary client information only with the client’s permission.
- We will not take advantage
of confidential client information for ourselves or our firms.
- We will not allow conflicts
of interest which provide a competitive advantage to one client through
our use of confidential information from another client who is a direct
competitor without that competitor’s permission.
- We will accept only
engagements for which we are qualified by our experience and competence.
- We will assign staff to
client engagements in accord with their experience.
- We will immediately
acknowledge any influences on our objectivity to our clients and will
offer to withdraw from a consulting engagement when our objectivity or
integrity may be impaired.
- We will agree independently
and in advance on the basis for our fees and expenses and will charge fees
and expenses that are reasonable, legitimate, and commensurate with the
services we deliver and the responsibility we accept.
- We will disclose to our
clients in advance any fees or commissions that we will receive for
equipment, supplies or services we recommend to our clients.
- We will respect the
intellectual property rights of our clients, other consulting firms and
sole practitioners and will not use proprietary information or methodologies
- We will not advertise our
services in a deceptive manner and will not misrepresent the consulting
profession, consulting firms, or sole practitioners.
- We will report violations
of this Code of Ethics.
WHAT DOES CMC MEAN?
“CMC” The Mark of Excellence
When selecting a management consultant, executives are will advised to seek
individuals who meet the profession’s standards of competence and ethics. The
CMC designation is a valuable aid in this guest. Certification by the Institute
of Management Consultants is the
mark of excellence among management consulting professionals.
When you see the initials "CMC" following a consultant’s name, it
means that he or she is a Certified
Management Consultant and has met the strict certification requirements of the
Institute of Management Consultants. The Institute was founded in 1968 by the
principal associations in the consulting field to establish publicly recognized
standards of competence and professional conduct for the individual management
consultant. Candidates for Institute Certification undergo a thorough
investigation of their consulting experience: they are interviewed by a panel
of senior consultants to verify their competent; and they must pass a written
examination evidencing their knowledge of the Institute’s Code of Ethics.
A Code of Ethics
CMC’s pledge in writing to abide by the Institute’s Code of Ethics. Their
adherence to the Code signifies voluntary assumption of self-discipline above
and beyond the requirement of law. Key provisions of the Code require that
- Safeguard confidential
- Render impartial,
- Accept only those client
engagements they are qualified to perform
- Agree with the client in
advance on the basis for professional charges
- Develop realistic and
practical solution to client problems.
The Institute enforces the Code by receiving and investigating complaints of
violations and by taking disciplinary action, including revocation of
certification against any member who is found guilty of a Code violation.
Standards of Competence
Every step leading to the CMC designation has been designed to verify the
candidate’s professional competence:
- A Certified Management
Consultant must have had at least three years of experience in the
full-time practice of management consulting, with major responsibility for
client projects during at least one of those years.
- The CMC has had to provide
multiple references most of them officers or executives of clients served.
These references have been investigated to assure that the consulting
relationships met the clients’ objectives.
- The CMC has had to provide
written summaries of client assignments (disguised to protect client
- The CMC has had to pass a
qualifying interview by senior CMCs, demonstrating professional competence
and currency in area of specialization, application of experience, and
understanding of the management consulting process.