Connect Spring 2017 | Page 16

“Whether you’re in search of a one-off report or you need to survive a crisis, there are a host of ways consultants work to drive business strategy.” Role of the Consultant Whatever the area of expertise, consultants are often considered thought leaders in their fields who can implement innovative solutions for your project or situation. They not only possess theoretical expertise, but they’ve also worked directly with similar companies to drive growth and change. Whether you’re in search of a one-off report or you need to survive a crisis, there are a host of ways consultants work to drive business strategy. Finding the right fit for your particular project or challenge will ensure a more successful outcome.  Fixer. What consultants do well is identify problems and implement solutions. Under the guidance of the fixer, misaligned or misallo- cated resources get sorted out, the patchwork of old processes gets revamped, and organiza- tional charts get a much-needed overhaul.  Facilitator. Post-merger integration, drastic cost-cutting measures, and major layoffs can derail a thriving company, but these consultants help facilitate those changes, and can even take the heat for unpopular decisions.  Teacher. Consultants are natural teachers, adept at delivering information in a way that blends theory and practice. Consultants that support companywide implementation of systems, programs, or protocols can be the difference between a vague or confusing process and one that drives productivity and growth.  Advisor. Sometimes companies just need a second opinion or a sounding board from someone with more expe- rience and skill in a specific area. New businesses lack experiential knowledge, small businesses don’t have the layers of key personnel, and existing companies might just need to rent an expert. These consultants provide practical advice on a host of business challenges.  Visionary. No one can change the game like a visionary consultant. With a fresh, outside perspective, these resourceful innovators identify creative ways to approach old problems. Whether you need to launch a new product, adjust to a changing market, or identify untapped opportunities, a visionary consultant will make it happen with a creative approach. No two consultants are exactly alike, and finding the right fit might take some time. Consultants offer a range of expertise and services that just might give your strategy the boost it needs. Ready to discuss business strategy with your own financial consultant? Contact your Sterling National Bank relationship manager today at 855.274.2800. 16 | SNB.COM // CONNECT STRATEGY SPRING 2017 // RANKED BY FORBES’ 2017 “AMERICA’S 100 BEST BANKS”