CARIBBEAN INSTITUTE OF CERTIFIED MANAGEMENT CONSULTANTS
CARIBBEAN INSTITUTE OF CERTIFIED
MANAGEMENT CONSULTANTS
5th Management Consulting
Business Symposium
2013 Industry Update
Basis of presentation
• 2010 Nathan EME Report
• 2013 CICMC Survey
• 2013 Report on services sector in SLU
• Various CARICOM/OECS reports on
services sector
Who is a MC?
REFLECTION OBSERVATION DATA GATHERING IDENTIFYING
ALTERNATIVES AND RESOURCES
ALTERANTIVE SOLUTIONS
IMPLEMENTATION
VERY DEFINITIVE PROCESSES
AND TOOL KITS, guided by CODE
OF CONDUCT & ETHICS
What is Management Consulting
MC demographics
• Not gender differentiated
• >75% 45+
• 81% of >55 years – fulltime
Characteristics of MC industry
MC services
• Business advisory
services
• Coaching and
mentoring
• Facilitation
• Strategy
• HR
• Leadership
Development
• ITC
• Re-engineering
• Operations
Management
• Operations/ Process
Improvement
• Organisational
Development
• Project Management
• Quality Management
• Supply Chain Logistics
• Sales/business
development
Main characteristics of industry
Development corporation
• Private sector
• IFIs
• Donor agencies
• NGOs
• Civil Society
Private sector
• Large Corporations
– Financial services
– Company services
– Banking and Trust
• MSMEs
– Business Plans
– Coaching/Mentoring
Communications, HR, Financial Management
Preferred client types
• National - 36%
• Regional – 30%
• International – 20%
• Mode 1
• Mode 2
• Mode 3
• Mode 4
Industry Performance 2010
• Crowding at bottom
• Cannot move up food chain
2013
• Median turnover USD 75,000; mean
turnover was USD 120,816.
• >55 years old; company - USD175,000
• Sole operator ~ USD55,000
Emerging issues
Barriers and Challenges
THANK YOU