When a 21st-century businessman needs to find a solution to a complex set of problems, they don’t Google their issues – they turn to their Executive Consultant.
Kevin Modany is the Managing Director at Bluerock Partners as well as one of the most celebrated executive consultants within his industry. Equipped with a wide set of skills and talents curated from a career in the industry, Modany has developed some keen insights into what it takes to succeed.
Modany recently outlined what makes him successful in his field while also urging others to follow in his footsteps.
Let’s explore executive consultancy from the perspective of someone working within the field.
Do Businesses Need Executive Consultants?
Data-driven decisions are only going to increase in importance as we continue to lean on the strength of information and computing. Utilizing data to make increasingly smart decisions has allowed businesses to cut costs, improve outcomes, and maintain efficient operations. These things didn’t happen on accident, however, as it required the help of a consultant to render that data appropriately.
Kevin Modany points to executive consultants for their role in parsing data to develop solutions for corporate executives. Modany utilizes his background as a Certified Public Accountant to help fuel his ability to parse data and explore potential problems, navigating new challenges as they manifest.
Modern businesses are increasingly turning to executive consultants with superb communication skills to help them address problems while relaying solutions to the rest of their team. As a result, consultants could even end up joining a team for longer assignments. No two executive consultants will possess the exact same set of skills, though they may overlap in some areas.
Trends to Pay Attention to For Executive Consultants
Just like any other field, Kevin Modany urges professionals to monitor the short and long-term outlook of their work. Right now, Modany sees a bright future ahead of executive consultants as businesses increasingly turn to them to cut margins, improve outcomes, and save money along the way.
At the time of this writing, Modany believes that there are a few key trends in executive consultancy to pay attention to. Modany suggests that in today’s rapidly growing and evolving business landscape, companies are going to increasingly turn to consultants to assist in their adoption of digital operations.
In addition to adopting businesses for digital expansion, Modany believes that consultants will be necessary to help guide and innovate in other forms of business model adoption. Modany believes that successful consultants will be able to work at a rapid pace while working under the auspices of their hiring executive.
Finally, Kevin Modany believes that today’s business consultants have the opportunity to develop their firms in the future. Modany believes that the influx of resources, as well as the totality of opportunities, has created a promising moment in fine for executive consultants.