MCA award puts value on openness
Consultancy firms and top businesses are becoming more open about how they conduct business and promote their successes, according to the MCA.
This growing trend was reflected in consultancy firms’ high response rate to the Management Consultancies Association’s 1997 Management Business Improvement Award.
“It seems to me that the market is loosening up but it is not as loose as some would like,” said Bruce Petter, the newly appointed executive director of the MCA. “There is still an absolute requirement for confidentiality in terms of contracts. But some firms quite clearly see the value in being able to talk about their successes.”
Petter said it was important for consultancy to be seen in a positive light. He believes this award will encourage more firms to use consultants as well as dispel any myths in the market.
“The award also encourages good practice,” he said. “We are trying to underline the point that management consultants are wealth creators.
We are trying quite hard to get something before the public so that it can see that they do make this contribution.”
The award is divided into four categories: strategy, human resources, marketing and IT. Case studies and entries for the award must be submitted by the beginning of August. They will be judged in September and October, and the winners will receive their awards in November this year.
“We hope that we will hear from people who have not yet come forward when they realise that information can be couched in terms that ensure client confidentiality is not breached,” Petter added.
The numbers you crunch tell a story. Your expertis...
26yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleThe shift to cloud-based accounting marks a significant transformation, enhancing efficiency, collaboration, and data security, and setting new standa...
View articleOn February 28, Xero became the latest accounting technology provider to launch a new AI assistant. ‘Just Ask Xero’ or JAX was announced a...
View articleThe collaboration between OCR and AI in automating the AP workflow marks a significant stride towards operational excellence. Read More...
View articleThomson Reuters has successfully acquired Pagero, a Swedish e-invoicing and tax solutions company, for approximately $800 million. The content and tec...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleWith so many accounting software options on the market today, from QuickBooks to FreshBooks to Xero, it can be overwhelming for small business owners ...
View articleThe Horizon scandal has shed light on the crucial role of ethical practices in the accounting technology industry, and underscored the need for transp...
View articleAccountants in industry must upgrade wisely to help their businesses evolve, according to Nick Longden of AccountsIQ Read More...
View article