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Publication:  

The Experion Group Newsletter 

   
Reference: Winter issue 2004

 

from a casual lunch to a professional consulting association in less than 3 years..        

It all started in early 2000 when some executives in their second or third career got together once a month to network and exchange referrals and business contacts. The monthly event grew and in less than three years has become a fully operational association with a membership in excess of fifty consultants and professionals.

“The Experion Group’s name was selected because it underlines the experience aspect of the association members,” says Rick Shaw, the President of the association.  Experience is a key feature and ingredient of this young professional association, which as its motto declares “experience producing value” to further highlight that these consultants are committed to bringing value to their clients.

Robert Graham, the founder says: “When we started with these informal executives lunches, I never thought we would be a full fledged association.”  The speed with which the association has grown indicates a real growing need in the business community for independent, seasoned and experienced consultants outside the traditional big five management consulting companies.

With much more need for separation between auditing and accounting services vs. true independent consulting services, the Experion formula is prospering. “The large firms will tend to favor the large consulting companies but the mid–size firms are searching for better value“ says Florian Meyer, President of FBDC, a consulting firm specializing in the financial area.

Over the last three years, many of the leading consulting and consulting/auditing firms have merged together, split and/or even changed their names to further offer clients a better profile of services and most importantly - independence.        

Hugh Latif, a member of the Experion Executive board in charge of marketing and principal of his own management consulting practice says that today’s clients want the experience and practical know-how of consultants but do not want to pay for the high overheads and the army of junior consultants that show-up once the contract has been signed. “When a customer likes a certain consultant, they want him/her on the assignment and not a group of young MBA graduates showing-up to do the job.“

Experion consultants cover a very comprehensive range of expertise that includes sales, marketing, strategy, finance, operations, IT, HR, legal, M&A, purchasing, real estate and even interior design. As to the industries, the members cover all sectors of the economy, including the new and old one.

Unlike other consulting associations, the Experion Group does not charge members any commissions for their referrals.  There is only one nominal annual association fee to cover the cost of the website, some administration and event planning.  Members are encouraged to negotiate their own fees between themselves. “This further keeps the cost to the client down and maintains the association’s independence“ says Larry Rudner, head of a financial consulting firm in Toronto.

The Experion Group meets the first Wednesday of every month (except July, August and December) at noon for a networking lunch at the University Club of Toronto. “At every meeting, a speaker is retained, usually covering a subject of interest to the membership and with applications for their clients“ reports Marney Kay, a member of the executive committee and a Marketing and Communication consultant.

Does the world need a new candy bar?  Probably not.  Does Toronto need another consulting company?  While one may be tempted to say “no”, the fact that such a humble beginning can achieve so many milestones in such a short period of time would indicate that business people still need expert advice and counsel.  Harish Chauhan, principal of X-Rare, a member of Experion says with a smile:  “We bring unique value, true independence and proven high ethics. That’s why we have been so successful.“

The Experion Group brings a comprehensive roster of true professional expertise without the heavy fees of the big five consulting companies.  For more information visit www.experiongroup.com or contact Paul Graham, the association’s key executive for the website.

 

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