Increasingly complex challenges plague the minds of Chief Executive Officers and other Senior Executives. The busy and competitive nature of business in the 21st Century has left many executives and industry leaders looking for support from experts and analysts wherever and whenever they can.
Kevin Modany carved a name for himself as the Managing Director at Bluerock Partners. A certified public accountant with a background in financial services, Modany has played a pivotal role in helping to guide executives toward solutions for their business problems.
As an executive consultant, Modany works closely with the best and brightest leaders to unravel problems and navigate toward new solutions.
Let’s explore what an executive consultant is and what they can do to help businesses in today’s competitive scene.
What Is An Executive Consultant?
An executive consultant plays an integral role in the development and progress of a business. Consultants work closely with high-level executives and CEOs to develop solutions to problems plaguing the company they are working for.
Executive consultants are often brought aboard businesses to find solutions to categorize themselves under ‘short term proveably.’ Organizational consultants will often move from company to business, offering services in multiple areas along the way.
Kevin Modany utilizes his background as a Certified Public Accountant to further inform his work.
Key Trends in Consultancy
Executive consultants are here to stay, and their impact on businesses of all sizes can be seen. Organizational consultants are recognized as experts in specific subject matters and brought aboard to help shore up operational efficiencies along the way, transmitting knowledge to those in charge.
Kevin Modany outlined a few key trends he believes are worth paying attention to as executive consultants work to integrate themselves further into the industry.
First, Modany pointed to the ongoing platform expansion into digital spheres as an area of focus for executive consultants. Specialized executive consultants are positioned to help businesses transition to more digital systems. The COVID-19 pandemic made it loud and clear that digital systems would be imperative in the future.
Second, Modany suggests that innovative model adoption will be the tie-breaking element that puts one business over the next. Specialized executive consultancy services can help to create new business models that lead to diversified income streams. Innovation within business model adaptation will be something that every executive consultant focuses on in the coming years.
Finally, Kevin Modany believes that there are reasons to be optimistic as far as career growth is concerned. Businesses increasingly turn to executive consultants to solve problems that have otherwise tripped them up. Organizational consultants can work repeatedly until they acquire the resources necessary to establish their consulting firms.