The role of an executive is often nebulously defined, left to the whims of the day-to-day operations. The 21st Century World of Business has created increasingly difficult challenges that are more complex and varied than ever before. CEOs and Senior Executives will often look to Executive Consultants like Kevin Modany to overcome this constant introduction of difficulties.
Kevin Modany is the Managing Director of Bluerock Partners and a Certified Public Accountant. Utilizing his carefully curated skills, Modany shares insights in Strategic Planning, Executive Management, Leadership, and Due Diligence.
In today’s fast-paced business world, Kevin Modany highlights a few ways an executive consultant can make a difference for your business.
What Is an Executive Consultant?
An executive consultant is a business professional recognized as an expert in specific subject matters. Organizational consultants are brought into the fold to assist senior executives with decision-making and problem-solving scenarios. These consultants are typically experts in operational efficiencies, strategic planning, and financial management.
According to Kevin Modany, an executive consultant can take on long and short-term assignments wherein the executive team asks them to identify and overcome issues.
Professional Attributes of an Executive Consultant
Kevin Modany understands that every consultant will bring certain traits and characteristics to the job that are innately theirs. With that being said, Modany believes that there are specific professional attributes that every executive consultant should possess.
Analytical Skills
Executive consultants must be able to objectively analyze issues before developing a targeted and concise solution. Consultants will work with diverse and complicated data sets to pinpoint patterns and trends better. Kevin Modany utilizes this skill to identify new ideas and to analyze failed strategies.
Financial Analysis
An executive consultant must be able to work with numbers, and they must be able to understand the financial analysis unfolding before them. Working with numbers and understanding economic data is part and parcel of the executive consultant’s experience. Consultants will design financial models to help develop strategies to improve a client’s health.
Kevin Modany relies upon his background as a Certified Public Accountant to help him make informed decisions when working with a client. A complete and respected experience in finances can help executive consultants to thrive.
Data-Driven Decisions
Kevin Modany believes in the importance of data and its imperative nature when making decisions. A constant influx of data and the ability to render it into understanding is essential, at least in Modany’s eyes.
Modany says, “There’s a plethora of data. People are collecting more and more of it. I think it requires that we prioritize and ensure that we’re focused on the right data set, and we don’t get overwhelmed by it.”