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Independent HR Consultant Services Cooperative (IHRCSC). A source of complex instruments for independent HR consultants. Agenda . Introductions What is Independent HR Consultant Services Cooperative ? What is a cooperative? Why the use of a cooperative?

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independent hr consultant services cooperative ihrcsc

Independent HR Consultant Services Cooperative(IHRCSC)

A source of complex instruments for independent HR consultants.

agenda
Agenda
  • Introductions
  • What is Independent HR Consultant Services Cooperative?
  • What is a cooperative?
  • Why the use of a cooperative?
  • Challenges in independent HR consulting
  • Features of IHRCSC
  • Benefits
  • Next Steps
what is ihrcsc
What is IHRCSC?
  • A cooperative of HR professional consultants starting or expanding their private consulting practice
  • Initially formed with a very limited set of founders and charter members
  • IHRCSC is member owned
who may participate in ihrcsc
Who may participate in IHRCSC?
  • Individuals, business (LLC, etc), associations
  • Each is considered a member
  • If a current consulting practice of 3 people join, that organization is a single member in IHRCSC
what ar e the types of members of ihrcsc
What are the types of members of IHRCSC?
  • Two founders
  • Five Charter members
  • Unlimited number of members
what is a cooperative
What is a cooperative?
  • A cooperative is autonomous association of persons who voluntarily cooperate for mutual economic benefit.
  • Cooperatives include organizations such as:
    • Credit unions (Approximately 5,000 credit unions)
    • Utility cooperatives (Touchstone with 734 utilities)
  • Five Charter members
why is ihrcsc a cooperative
Why is IHRCSC a cooperative?
  • Provides an opportunity for smaller or starting HR consulting practices to:
    • Obtain a set of instruments to enhance their practice
    • Obtain those services at a fair cost
    • Have some voice in the development of services
    • Share in “profits” (patronage refunds)
  • The founders benefit:
    • Minimizes risk of startup costs
    • Provides a set of people (members) who know the market
what are the types of members
What are the types of members?
  • Founders:
    • Developed instruments and delivery mechanism
    • Obtain those services at a fair cost
  • Charter members:
    • Five who will commit to a specified usage of instruments
    • Make a capital contribution
    • Receive a premium share of patronage refunds
  • Members:
    • An unlimited number who will commit to a specified usage of instruments
    • Make a capital contribution
    • Receive patronage refund
what are the financial commitments
What are the financial commitments?
  • Capital Contribution:
    • $5,000
      • Required to provide permanency
      • Forfeited if initial usage commitments not achieved
  • Other:
how long does membership last
How long does membership last?
  • The membership lasts as long as:
    • Remain qualified for membership (ethical business practices, etc)
    • Minimum level of participation is maintained
      • The level may change based on membership vote
      • Forfeited if initial usage commitments not achieved
    • Founding members have permanent membership
      • The level may change based on membership vote
      • Forfeited if initial usage commitments not achieved
can my membership be sold or passed to heirs
Can my membership be sold or passed to heirs?
  • Yes
    • If sold, the new member must be approved by existing membership
    • If provided to heirs, the heirs must maintain the activity level required at the time
      • The level may change based on membership vote
      • Forfeited if initial usage commitments not achieved
what are the usage commitments
What are the usage commitments?
  • First year:
    • 6 or 12 instrument sales per year
      • Obtain those services at a fair cost
  • Charter members:
what are the instruments services
What are the instruments/services?
  • 360 Assessment
  • Organization Assessment
  • Market Pricing
  • Organization Assessment
  • 360 Assessment
  • Organization Assessment
  • 360 Assessment
  • Organization Assessment
what is the logic for this set of instruments services
What is the logic for this set of instruments/services?
  • The overall goal is to provide the consultant with the maximum “face time” with their client and avoid “heads down” back office time.
couldn t i just buy these services from other suppliers
Couldn’t I just buy these services from other suppliers?
  • You could, but you generally don’t have a say in the features, prices, etc
challenges to hr consulting
Challenges to HR Consulting
  • Providing certain instruments effectively
  • Having time to provide effective consulting value.
challenges to hr consulting1
Challenges to HR Consulting
  • Time and resources to perform certain instruments for clients
features of ihrcsc
Features of IHRCSC
  • A Cooperative organization
      • IHRCSC members.
      • IHRCSC serves
      • IHRCSC has no costly.
the cooperative business model
The Cooperative Business Model

Employer

Independent HR Consultant Services Cooperative

Patronage

refunds

Referral

credit

All Coop

Members

Referring

Member

the cooperative business model1
The Cooperative Business Model
  • Members can provide a wider range of services.
  • The services provide expanded consulting opportunity.
features of ihrcsc1
Features of IHRCSC
  • Internet based
  • http://www.talentassets.com
features of ihrcsc2
Features of IHRCSC
  • How Does it Work?
    • Employer completes company information
    • Establishes position requirements profile
    • Creates an opportunity
    • Selects best candidate for further processing
organization assessment2
Organization Assessment

The job seeker describes their skills by selecting from the over 10,000 skills.

The jobseeker concentrates on describing their skills and experiences, not on re-writing a resume.

other instruments
Other Instruments
  • Executive Assessment
  • Job Description
  • Job Grading
ihrcsc
IHRCSC
  • Benefits
    • Access to a pool of instruments.
features of ihrcsc3
Features of IHRCSC
  • Partnership to serve clients
ihrcsc1
IHRCSC
  • What does this service cost?
    • Depends on instrument
    • Depends on number of participants
    • Generally the price is fixed
summary
Summary
  • IHRCSC offers HR consultants an opportunity to increase revenues.
  • For more information
    • Visit our website:
      • www.TalentAssets.com
    • E-mail:
      • LyleHeller@Charter.net