Is Management Consulting a profession?
Consulting can be considered as profession?
Consulting has demonstrated that it can exist and prosper without any such decision becauseit is basedon quality and standards.
The client probably believes that certain behavioural norms will be respected without their even being mentioned
Trust
Associations use as basic instruments to establish the profession and protect its integrity, and to inform clients about behavioural rules that should be observed by the consultants.
Code of Conduct
Mention 3 requirements you must fullfill to have a consultant certification
Experience
Education
Time Spent
Independence
What situations does a consultant have liability?
Concept of service and social interest
Recognition social roles, status, norms to be pass also the knowing of unprofessional and illegal practices and their corresponding sanctions.
Community sanction and enforcement
Consultants must possess the knowledge and skills needed by particular clients
Technical Competence
● developing a common body of knowledge
● defining minimum qualification criteria for new entrants to the field (education, type and length of experience, references, examinations)
● certifying (accrediting) management consultants
● developing and promoting a code of professional conduct and practice for their members
● investigating complaints of violations of the code of conduct and taking disciplinary action
● examining various aspects of management consulting, organizing an exchange of experience and making recommendations to members on improvements in consulting methods, management of firms, training of consultants and other questions important to the development of the profession
● organizing training events for consultants
● providing information on services available from members and helping to identify suitable consultants at the request of potential clients
● defending their members’ common interests in dealing with governments, organizations representing clients and other stakeholders interested in the development of consulting and the use of consulting services.
Why a contract should be alingned with jurisprudence of each country?
Because the contract must contain clauses based on applicable laws so that the consultant's work is monitored and protected, as well as the client company.
What a consultant should do to minimize liability?
Make a contract
Mention at least 3 criterias to consider an activity as profession
Knowledge and Skills
Concept of Service and social interest
Ethics Norms Community Sanctions and enforcement
Self-disicipline
Management consultants should accept neither to disclose any confidential information about clients, nor to make any use of this information to obtain benefits or advantages personally, for their firms, or for other clients
Confidentiality
What are the International Association that manage consulting institutes?
The International Council of Management Consulting Institutes
Give an example about licencing in some country?
free
What is the difference between professional responsibility and liability?
They serve clients’ needs and interests, to which they subordinate their own self-interest.
Concept of service and social interest
As a consultant what is the general rule in case a commision or similar favour is recieved?
The client should be informed
Mention 3 Consulting Associations (NOT LATAM)
FEACO
AFMO
Difference between licencing and certification
Certification typically documents your skill in a particular field, while licensure is a document that is often legally required in order to work in certain industries.
What a contract need to contain to minimize consultant liability?
the contract must be clearly, unambiguously, include clause about specified amount and arbitration.
free
What are the guidelines that help consultors to avoid conflict of interests working with clients and a potential conflict with wider social interests?
Codes of counsulting ethics
Mention at least 3 examples of consulting associations in LATAM
Camara Colombiana de la Infraestructura
Cámara de Consultores de Ingenieria y Arquitectura
FEPAC
Why is important a professional liability insuace?
To protect themselves from posible economic disaster resulting from the practice their profession