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IMC
USA Code of Ethics
As a participating member of the Institute of Management Consultants,
we pledge in writing to abide by the Institute’s Code of Ethics.
Our adherence to the Code signifies voluntary assumption of self-discipline
above and beyond the requirements of law. Key provisions of the Code
specify:
• Clients
- We will serve our clients with integrity, competence, and objectivity,
using a professional approach at all times, and placing the best interests
of the client above all others.
- We will establish realistic expectations of the benefits and results
of our services.
- We will treat all client information that is not public knowledge
as confidential, will prevent it from access by unauthorized people,
and will not take advantage of proprietary or privileged information,
either for use by them, our firm or another client, without the client’s
permission.
- We will avoid conflicts of interest, or the appearance of such,
and will disclose to a client any circumstances or interests that
might influence our judgment and objectivity.
- We will refrain from inviting an employee of an active or inactive
client to consider alternative employment without prior discussion
with the client.
• Engagements
- We will only accept assignments which we possess the expertise to
perform, and will only assign staff with the requisite expertise.
- We will ensure that before accepting any engagement, a mutual understanding
of the objectives, scope, work plan, and fee arrangements has been
established.
- We will offer to withdraw from a consulting engagement when our
objectivity or integrity may be impaired.
• Fees
- We will agree in advance with a client on the basis for fees and
expenses, and will charge fees and expenses that are reasonable, legitimate
and commensurate with the services delivered and the responsibility
accepted.
- We will disclose to our clients in advance any fees or commissions
that we receive for equipment, supplies or services we could recommend
to our clients.
• Profession
- We will respect the individual and corporate rights of clients and
consulting colleagues, and will not use proprietary information or
methodologies without permission.
- We will represent the profession with integrity and professionalism
in our relations with our clients, colleagues and the general public.
- We will report violations of this Code to the Institute, and will
ensure that other consultants working on our behalf abide by this
Code.
The Institute of Management Consultants USA, Inc. (IMC USA) adopted
its first Code of Ethics in 1968. Since that time IMC USA has modified
the wording of the Code for additional clarity and relevance to clients.
The current Code was approved February 22, 2002. It is consistent with
the International Code of Professional Conduct published by the International
Council of Management Consulting Institutes (ICMCI) of which IMC USA
is a founding member.
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