Fact Sheet
Founded in 1929 as the Association
of Consulting Management Engineers (ACME), the Association
of Management Consulting Firms is the international association
of firms engaged in the practice of consulting to management.
Headquartered in New York, the AMCF functions as the voice
of the industry and represents its member firms by continuing
to monitor and take action as necessary on government related
issues. AMCF promotes excellence and integrity among members
as well as a better understanding of the industry within the
business community, government, academia, and the general
public.
AMCF is also the voice of the consulting profession
on issues pertaining to the separation of accounting and consulting
within the Big Five and throughout the accounting and management
consulting industries.
AMCF membership:
Membership is comprised of management consulting firms,
which meet high professional standards of competence,
objectivity, and integrity. Member firms include Cap
Gemini/Ernst & Young,
IBM, PeopleSoft, and Deloitte Consulting, among others.
Chairman: Michael LaPorta, Deloitte Consulting
President: Elizabeth Ann Kovacs
About the industry:
Management consultants provide a critical resource
to their clients—objective insight. This unbiased viewpoint allows
consultants the freedom to examine their clients from all
angles, including those beyond the scope of, or within, the
organization to improve the performance of client organizations
and their value. Consultants can function as a "devil's advocate," challenging
the current operation of the corporation to pinpoint
weaknesses and strengths. This comprehensive analysis
results in recommendations tailored towards client
needs, providing best practices and ideas for improvement.
The end result improves client functionality, effectiveness,
quality of decision-making, and ability to achieve
their
mission goals.
Industry statistics*: Consistent growth for
more than 20 years · Three percent growth rate in 2001 (unique in the
professional services field) · Generated $118 billion in revenue
in 2001. · North American markets generate the greatest amount
of revenue ($68 billion in 2001) · Asia/Pacific markets
enjoy the highest rate of compound growth rate over
5 years out to 2005 (13.2%).
For additional information about the association, the industry
or industry issues, please visit www.amcf.org.
*source: Kennedy Information Research Group
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