In this series, we talk to our Registered Management Consultants (RMCs) to find out how they have been able to make a difference to their client’s businesses and capability upgrading.
We talk to Mr Jacob Tan, who is currently a director in the Human Capital Solutions at Aon, and why did he decided to become an RMC.
1. Hi Jacob! Can you please introduce yourself?
I’m Jacob Tan and I work at Aon, which is a multinational corporation listed in US and headquartered in London.
Part of our business is on human capital solutions and I specialise in executive compensation and corporate governance in Southeast Asia. I advise management and boards on how to pay people, how much to pay, and what to pay for in terms of key performance indicators (KPIs) and linkage to compensation.
2. Why do you choose to get yourself certified as an RMC?
Clients that I work with include STI30 listed companies to small start-ups that are fast growing. There is an increasing demand from start-ups and SMEs to formalise and professionalise their human capital processes and manage human capital better, especially now that the talent market is so competitive.
At the same time, they are concerned about cash conservation. Even though they are growing, they may not have the revenue stream or are not profitable yet. So, they are very cautious in terms of how they spend money.
As such, the Enterprise Development Grant (EDG) is something that is very appealing and many company owners want to tap on it to improve their human capital practices.
Hence, I became an RMC as it was one of the requirements to assist them with their EDG project.
3. How was the journey like to be qualified as an RMC? Was it challenging?
I went through the “experienced consultant” track and I find the course to he be more of a refresher of the fundamentals of consulting.
One thing I found interesting was the diverse group that was with me- all of us specialise in very different subject matters. I took my course right after the Circuit-breaker and due to safety measures, opportunities to network were unfortunately limited. It was a pity as I feel that the exposure would have been interesting!
4. Would you recommend IMCS to others for RMC certification? If yes, why?
For individuals or boutique consulting firms, I will definitely recommend getting RMC certified because you will be in a position to service a lot of SMEs out there, which need help from quality consultants. Becoming certified as an RMC will not only give you that validation but also allows you to be the lead consultant for EDG projects, which is undoubtedly useful!
Being an RMC is also being a part of a larger professional community. Most of us are specialists in a certain topic. This network however, allows us to widen our network, which in turn, helps us to be able to advise clients on more issues.
Being an RMC is more than just a certification. It is also a mark of quality and professionalism which promotes high standards of professional and ethical conduct. It demonstrates your experience, competence, professionalism and enhance your professional image with your clients.
Join us today at https://www.imcs.sg/enquiry/