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Felicia Linch. What should Caribbean Consultants key messages be?. What is an Industry Awareness Campaign?. ‘Primarily an externally focussed campaign to promote the benefits of a particular industry to its Stakeholders’. Who are the Stakeholders in the Consulting Industry?.
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Felicia Linch What should Caribbean Consultants key messages be?
What is an Industry Awareness Campaign? ‘Primarily an externally focussed campaign to promote the benefits of a particular industry to its Stakeholders’.
Who are the Stakeholders in the Consulting Industry? Stakeholders for the consulting industry would be: • Consultants: Individuals, firms and companies • Clients and Prospective Clients: Businesses (SMEs, Entrepreneurs, large nationals and Multi-nationals), Governments, quasi- Governmental organizations, and State owned enterprises or Agencies, Not-for-profits • Financial Institutions: Banks and Insurers • Educational Institutions: Particularly at the tertiary level as these are potential future consultants
What are the Drivers for an Industry Awareness Campaign in the Caribbean? • Negative perceptions held by some stakeholder groups e.g. ‘consultants – what do they know’ ‘they charged a lot but did nothing’ • Eating our Lunch: 92.5% of consulting fees in the Caribbean region are going to ‘foreign’ consultants, and these projects tend to be the high-value end (strategy/systems).
What are the Drivers for an Industry Awareness Campaign in the Caribbean? • Un-tapped market potential: that is providing Strategy consulting services to SME’s /Start-ups, which make up a large majority of the enterprises in the private sector in the Caribbean, and also not-for-profits • Question of standards: With most Caribbean consultants being either independent consultants or small firms there is a perception that quality is lacking because it is assumed we don’t have: (i) the expertise, (ii) the experience to run large projects and (iii) lack financial stability
What are the key messages we need to promote? • Clear and consistent message as to the types of consulting roles: • Diagnostic role: identifying the issues/needs analysis • Expert role: unique knowledge and technical expertise • Process /Facilitative role: helping the client better understand their situation and actions towards improving it (based on E. Schein, (2nd Ed, Vol 1), ‘Process Consultation: its role in Organizational Development’, Prentice Hall ). • The benefits of using consulting services: • Independence • Skills • Analysis • Resource (source Kopac Consulting) • What we do: • Solving management and business problems • Identifying opportunities • Facilitating learning • Implementing changes (source Milton Kubr)
The Campaign’s focus In our definition of a campaign we said it should be: ‘primarily externally focused…’ However there are some areas of internal focus for us as Caribbean Consultants, i.e. • Our Professional and Personal Development • Industry Standards • Increased Understanding of our Market
Next Steps How do we implement this campaign? • Evaluating and ‘putting our own house in order’ • Develop mechanisms for engaging stakeholders • Recognising that collaboration at the national and regional level is key