TechnologyAccounting SoftwareIMC members back name change

IMC members back name change

The Institute of Management Consultants has been renamed the Institute of Management Consultancy in a bid to expand its membership and show that it is more inclusive of all stakeholders linked to the profession: from consultancy clients to students.

IMC members voted overwhelmingly for the name change at the Institute’s annual AGM on 16 June 1998. They also decided to streamline the Council, reducing the number of members from 30 to 15 to make it more effective.

“During 1997, the Institute of Management Consultancies’ Council has been striving to make things happen. Much of the creative thinking about ‘the New IMC’ was noted positively by members at the 1997 Annual General Meeting, and much has now been tested in the furnace of real life,” said Paul Lynch, IMC president for the year 1997 to 1998. Lynch will remain in office for an extra six months until major constitutional changes have been carried out.

The AGM members also voted on the possible future appointment of a director general.

The name change is the crown in the IMC’s agenda and comes in the wake of changes aimed at broadening the scope of the Institute.

Over the last two years the IMC has updated the Certified Management Consultant qualification. As a result 14 consultancies have committed to working towards CMC status this year. The IMC has also recruited nine organisational affiliates including the Institute of Management, four Business Links and the Norfolk County Council. Membership grew by 99 percent in the last year.

Related Articles

Accountancy in the digital age: Flexibility, agility, efficiency

Accounting Software Accountancy in the digital age: Flexibility, agility, efficiency

3w Pegasus Software | Sponsored
Sage purchases Intacct in its largest ever acquisition

Accounting Software Sage purchases Intacct in its largest ever acquisition

5m Alia Shoaib, Reporter
5 tips for SMEs to protect cash flow

Accounting Software 5 tips for SMEs to protect cash flow

5m Alia Shoaib, Reporter
UK behind foreign markets in digital accounting, but gap is narrowing

Accounting Software UK behind foreign markets in digital accounting, but gap is narrowing

7m Alia Shoaib, Reporter
The rise of the progressive accountant

Accounting Software The rise of the progressive accountant

8m Emma Smith, Managing Editor
Making Tax Digital: Revolution or revolt?

Accounting Software Making Tax Digital: Revolution or revolt?

8m Emma Smith, Managing Editor
Making Tax Digital: Is HMRC’s recent system fault a cause for concern?

Accounting Software Making Tax Digital: Is HMRC’s recent system fault a cause for concern?

8m Emma Smith, Managing Editor
Four reasons why SME owners should switch to cloud accounting

Accounting Software Four reasons why SME owners should switch to cloud accounting

9m Emma Smith, Managing Editor