Expert Network: Pointed Solutions from Industry Leaders to Unlock Consulting Bottlenecks

Stakeholders and investors must have access to real-time market insights and dynamics as organizations grow and expand into uncharted territory in order to maintain a competitive edge when making strategic business decisions. Although there is a wealth of information available from secondary sources, it is safe to say that there is no substitute for information obtained directly from industry experts who work at the heart of the respective industry and have years of experience and knowledge. They aid in bridging the knowledge gap between what is actually happening in the industry in real-time and what is documented. This has proven to be a differentiator for stakeholders from a variety of industries looking to lead and capitalize on current supply chain disruptions. This is why Expert Network makes a difference.

What is an expert network?

An expert network is a marketplace of subject-matter experts with extensive industry experience that is used by private equity firms, management consulting and advisory firms, financial institutions, and manufacturing units to obtain specialized information and insights that make a real-time difference in their strategies.

Who uses expert network services?

• Expert network services are accessible to anyone seeking to fill their knowledge gap with real time answers and solutions from specialized subject matter experts.You will receive a variety of services depending on the platform you choose, such as 1-on-1 consultation, short- and long-term consulting with industry experts, market research services, custom projects, and expert support.

• Expert networks are frequently used by management consulting firms and market researchers to conduct In-depth Interviews (IDI), focused surveys, and qualitative research.

• Investment firms, such as Private Equity firms and Hedge Funds, use expert networks to understand new markets, investment opportunities, and due diligence.

• They are used by business owners to develop their go-to-market strategy, validate their products, and conduct preliminary market research.

• Financial institutions use these markets to gain a better understanding of their clients and provide faster and better solutions.

• They assist freelancers in developing their skills, networking with other professionals, and finding work as independent consultants.

• Hospitals, doctors’ offices, pharmaceutical companies, and clinical trial corporations frequently work with outside consultants and advisors in the healthcare IT sector.

When your team is working on a project, consulting a professional with decades of experience will strengthen your team and contribute to better results. Even publicly traded companies provide their employees with access to knowledgeable industry experts for skill development. Employers who need temporary contract workers also use these platforms.

Investment firms such as private equity funds, hedge funds, asset managers, and venture capitalists conduct extensive research. They are interested in locating and evaluating new investment opportunities, as well as determining how the characteristics of a specific market may affect their current investments.

Businesses that are looking for specialized professionals to assist them in developing their strategy and business plans, or in identifying opportunities related to their operations in order to increase efficiency.

Services of Expert Network

• In-depth Interviews: In-depth interviews are conducted in person, with the interviewer and the interviewee conversing one-on-one. This allows for a more in-depth examination of the subject matter and allows you to follow up on any information you may have missed by simply reading a report or article. Computer-assisted Personal Interviews are conducted over the phone, but with a computer recording the responses and taking notes.

Computer-assisted Telephone interviews are conducted over the phone, but instead of taking handwritten notes, a computer program is used to record the responses. The focused Group Discussion is similar to other group processes; However, in this case, a moderator is present, as well as a group of people who have all brought something to the table. This type of interview is more concerned with gathering information than drawing specific conclusions. It’s most useful when you’re trying to gather ideas and opinions on a broad topic rather than delving into a specific topic with someone.

• Primary Surveys: In order to develop a clear picture, in-depth analyses of clients’ products or services, as well as their competitors’ offerings, are performed. There is also a thorough examination of the domain’s various segments. The analyses are always carried out with a keen eye on the latest industry developments and how they can be used by our clients. They strive to meet our clients’ marketing objectives within a set time frame.

• In-person meetings: Meetings in person are essential for any project that requires the interpretation of research and data. It enables our clients to meet in person with our impaneled industry experts to discuss the direction they want their project to take, while also learning about the client’s goals, mission, and vision. A good in-person meeting provides a great opportunity for clients to learn firsthand from industry leaders. In this case, they can even benefit from little to no communication lag that could occur during a virtual call.

• Board Placements: When you own a business, one of the most important aspects of your operations is having the right people in charge to lead it. Corporations are no exception, and finding qualified directors for a board can be just as difficult as it is for any other business.

There are directors at every skill level and background imaginable, from experienced CEOs to business leaders from Fortune 500 companies, or even highly educated academics looking for an opportunity to transfer their skills into the corporate world—we can even help you with specialized roles like independent board members or mentors. 

• Resource Outsourcing: Offering a wide range of outsourcing services to clients in order to increase efficiency and reduce costs. There is a team of professionals who have developed expertise in providing solutions for all types of businesses, from small businesses to large corporations.

Why Choose an Expert Network?

Speaking with an industry advisor enables you to gets you access to real time insights that are exclusively relevant to the concerned project. This not only bridges the knowledge gap but brings competitive advantage for you to stay ahead in the industry.In short, organizations use expert networks to gain in-depth knowledge of specific topics, typically while conducting market research.

The Expert Point, a technology-driven expert network firm, provides actionable insights directly from the industry’s top minds. We connect our clients with handpicked industry professionals who are exclusively screened on each project requirement, giving them access to premium expertise. This enables our clients to benefit from the information and strategic insights that are not only articulately curated for the specific project/market requirement but are also not publicly available. The stakeholders at The Expert Point have a background in management consulting as well as experience in the expert network industry. This combination of experience has greatly aided us in developing a more in-depth understanding of consulting requirements, respective markets, and the value chain.

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