Association of Management Consulting Firms
Encyclopedia
The Association of Management Consulting Firms (AMCF) is an international not-for-profit membership association of firms which are engaged in the practice of consulting
Management consulting
Management consulting indicates both the industry and practice of helping organizations improve their performance primarily through the analysis of existing organizational problems and development of plans for improvement....

 to management. Founded in 1929 as ACME (Association of Management Consulting Engineers), AMCF is now an integral part of the management consulting
Management consulting
Management consulting indicates both the industry and practice of helping organizations improve their performance primarily through the analysis of existing organizational problems and development of plans for improvement....

 industry.

Headquartered in New York, NY, the Association of Management Consulting Firms serves the industry as a resource for information on the management of a consulting practice. It provides a forum for the exchange of ideas, helping consultants to better understand developments within the profession and to capitalize on new opportunities. Just as consultants help clients manage change within their industries, AMCF helps its members cope with the rapid changes affecting their practices today.

AMCF promotes knowledge exchange and professional standards for the community of management consulting
Management consulting
Management consulting indicates both the industry and practice of helping organizations improve their performance primarily through the analysis of existing organizational problems and development of plans for improvement....

 firms around the world. It does this by helping members strengthen their senior management
Senior management
Senior management, executive management, or management team is generally a team of individuals at the highest level of organizational management who have the day-to-day responsibilities of managing a company or corporation, they hold specific executive powers conferred onto them with and by...

 teams through value-driven programs, research, and communications. The association also promotes a better understanding of the profession among the business community, government, academia, and the public. It also serves as the voice of the industry on major issues, representing the profession before government and regulatory bodies, working to improve standards and practices and enabling firms to work smarter.

AMCF represents leading management consulting
Management consulting
Management consulting indicates both the industry and practice of helping organizations improve their performance primarily through the analysis of existing organizational problems and development of plans for improvement....

 firms worldwide. Its membership is diverse: large and small firms, traditional management consultants as well as providers of professional services
Professional services
Professional services is an industry of infrequent, technical, or unique functions performed by independent contractors or by consultants whose occupation is the rendering of such services....

, generalists and specialists, single-office firms along with large multinational organizations.

History

The Association of Management Consulting Firms (AMCF) was founded in 1929 as ACME, the Association of Management Consulting Engineers. The founders of the association included the following:
  • Edwin G. Booz
    Edwin G. Booz
    Edwin G. Booz founded the consulting firm Booz Allen & Hamilton, the predecessor of both Booz Allen Hamilton - which focuses on government contracting - and Booz & Company, a commercial management-consulting firm....

    , founder of both Booz Allen & Hamilton and Booz & Company
    Booz & Company
    Booz & Company is a global management consulting firm established in the United States in 1914. It is recognized as one of the most prestigious management consulting firms in the world and one of the best consulting firms to work for by Consulting Magazine...

  • Marvin Bower
    Marvin Bower
    Marvin Bower was the son of the deputy recorder at Cuyahoga County. He grew up in Cleveland, Ohio and attended public schools there. He earned his bachelor's degree from Brown University in 1925. His father advised him to study law, and Bower graduated from Harvard Law School in 1928...

    , named the "father of modern management consulting" by Harvard Business School
    Harvard Business School
    Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...

    ; a leader with McKinsey & Company
    McKinsey & Company
    McKinsey & Company, Inc. is a global management consulting firm that focuses on solving issues of concern to senior management. McKinsey serves as an adviser to many businesses, governments, and institutions...

  • H.B. Maynard, founder of H.B. Maynard & Company, now owned by Accenture
    Accenture
    Accenture plc is a global management consulting, technology services and outsourcing company headquartered in Dublin, Republic of Ireland. It is the largest consulting firm in the world and is a Fortune Global 500 company. As of September 2011, the company had more than 236,000 employees across...

  • Richard M. Paget, Cresap McCormick & Paget, Towers Perrin
    Towers Perrin
    Towers Perrin was a professional services firm specialising in human resources and financial services consulting, which merged in January 2010 with Watson Wyatt to form Towers Watson...

  • Kurt Salmon, founder of KSA, Kurt Salmon Associates
    Kurt Salmon Associates
    Kurt Salmon is a global management consulting firm specializing in the retail, consumer goods and health care sectors. The firm was among the first consulting firms established in the United States and remains among only a small handful in continuous operation since being founded in the early...

    , a firm owned by Management Consulting Group
    Management Consulting Group
    Management Consulting Group, PLC is a consulting company listed on the London Stock Exchange under the name MMC.It comprises three independently managed practices:* Ineum Consulting acquired 2006)...


Members

According to the AMCF bylaws, any firm which engages in the practice of management consulting
Management consulting
Management consulting indicates both the industry and practice of helping organizations improve their performance primarily through the analysis of existing organizational problems and development of plans for improvement....

 may be considered for membership, and in turn enjoy the rights and privileges of an AMCF member. Some of the most recognized members of AMCF include:
  • Capgemini
    Capgemini
    Capgemini is a French global IT services company, one of the world's largest management consulting, outsourcing and professional services companies with a staff of 114,274 operating in 40 countries. It is headquartered in Paris and was founded in 1967 by Serge Kampf, the current chairman, in...

  • Deloitte Consulting
  • Ernst & Young
    Ernst & Young
    Ernst & Young is one of the largest professional services networks in the world and one of the "Big Four" accountancy firms, along with Deloitte, KPMG and PricewaterhouseCoopers ....

  • FTI Consulting
  • IBM
    IBM
    International Business Machines Corporation or IBM is an American multinational technology and consulting corporation headquartered in Armonk, New York, United States. IBM manufactures and sells computer hardware and software, and it offers infrastructure, hosting and consulting services in areas...

     Business Consulting Services
  • Management Consulting Group
    Management Consulting Group
    Management Consulting Group, PLC is a consulting company listed on the London Stock Exchange under the name MMC.It comprises three independently managed practices:* Ineum Consulting acquired 2006)...

     PLC
  • Navigant Consulting
    Navigant Consulting
    Navigant is a specialized, global expert services firm dedicated to assisting clients in creating and protecting value in the face of critical business risks and opportunities...

    , Inc.
  • The Saint Consulting Group
    The Saint Consulting Group
    The Saint Consulting Group is a privately held management consulting firm based in Hingham, Massachusetts. The Saint Consulting Group works in land use consulting, generating public support to help companies navigate the local governmental approval process...

  • Tata Consultancy Services
    Tata Consultancy Services
    Tata Consultancy Services Limited is a global IT services, business solutions and outsourcing company headquartered in Mumbai, India. It is the largest provider of information technology in Asia and second largest provider of business process outsourcing services in India...

  • Towers Watson
    Towers Watson
    Towers Watson is a global consulting firm. Its principal lines of business are risk management and human resource consulting. It also has strong actuarial, investment consulting, and reinsurance brokerage practices. The Towers Watson corporate offices are in New York, New York.Towers Watson was...


Code of Ethics

The association is well known for its strong Code of Ethics. According to their website, AMCF's Code of Ethics conforms with recent regulatory and legislative initiatives and assures the users of consulting services that AMCF members are publicly committed to providing the highest quality work. Member firms and their staffs subscribe to this Code of Ethics.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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