New Academy Supports Senior Executives Transition to the Consulting World
November 22 2017: A new programme has been launched which aims to support and resource senior executives who want to capture the value of their accumulated knowledge, expertise and experience and monetise it as a consultant.
The Consultant Academy has been established by co-founders Peter Finnegan MMII, Managing Director, Communiqué International and Luke Monahan, Director, Mediation Foundation of Ireland and Curam. The programme is designed and delivered by consultants who have successfully made the transition from senior executives to become valued professional advisers to blue chip firms across the globe
The first of its kind in the country, The Consultant Academy has been developed as an intensive nine days residential programme over three months and will run from January to March 2018. At the end of the programme, the participant is left with a clear definition of their personal consultancy offering, a business plan, a marketing plan and all the supports they need to get their consultancy practice off the ground.
Commenting on the new venture, Peter Finnegan said, “The Consultant Academy is something that we have developed over the last few years to address what we saw as a gap in the market – to help people manage a vulnerable transition in their professional lives.
“The idea came about in our work with senior executives. We could see that they were at a point in their career where they are trying to figure out their next big step. For them it’s almost like they have come to a roundabout and off that roundabout there are 3 exits. One exit is to go for the top job if they haven’t got it already; another is to leave the organisation that they are in and go for the top job in another organisation; or, often we find people who at this stage say that they would love to now just go out and be a consultant using the expertise they have developed over the course of their career.
Mr. Finnegan continued, “ We find that that it can take up to three years for an experienced executive to fully develop as an independent consultant. It was on this basis that we developed a three month accelerator programme focussing on the key competencies of consultancy - thus expediting the journey from expert to consultant.
“At the end of the three months, the participant is left with a clear definition of their personal consultancy offering, a business plan, a marketing plan and all the supports they need to get their consultancy practice off the ground”.
In addition, each participant will be assigned a personal coach for the duration of the programme. The learning experience will include talks from industry leaders sharing their experiences of hiring consultants – what they find helpful, what works and what doesn’t. Recipients will also hear from consultants who have had interesting journeys, sharing the benefits of their experience.