Interview with Nenad Tešić for CorD

The local needs international knowledge

Egzakta Advisory distinguishes itself through a holistic approach to projects, a deep understanding of local markets, and a client-centric focus aimed at assisting them in improving their businesses...

  • Finance May 2022
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Egzakta Advisory consists of a team of professional consultants, analysts, and experts in management consulting who are highly dedicated to their clients, intending to help them overcome current challenges and improve their performance.

The fact that the domestic consulting market is becoming more mature is evident from the data showing that today, more and more companies at the local level are planning annual consulting budgets to improve their companies and leverage their full potential continuously.

You are known as the fastest-growing consulting company in the region, with an excellent portfolio. Can your team compete with major global players in the market?

We nurture a holistic approach to projects, where we jointly arrive at solutions and successfully implement our clients' most demanding projects through collaborative workshops with our clients. We always strive for the same goal - to transfer knowledge to our clients. This is the only way clients can truly appreciate the value of working with consultants. Today, we have 15 consultants working in the region, collaborating with some of the most prominent companies on strategic national projects, digitalization processes, the IT sector, and more.

We have proven that intensive teamwork and people's education, whether through training, scholarships to top business schools, mentorship programs that we foster, an intensive approach to work, an emphasis on quality, and attention to detail, can produce results that are no different from those of global consulting companies.

We plan to expand our business into markets in the region, primarily in Macedonia, Romania, Bulgaria, and Slovenia, where we can be very competitive.

"We plan to expand our business into regional markets, primarily in Macedonia, Romania, Bulgaria, and Slovenia."

Due to specific and challenging economic conditions, many companies opt to transform their business models. Egzakta is also involved in this business, but in its way...

We believe transformations are necessary for all businesses, regardless of the sector. Initiatives must be made and implemented if we want to meet the demands of the global market. What was acceptable as practice until yesterday most likely needs to change today or soon. When we talk about transformations, I don't just mean digitalization, one of the imperatives and the most recognizable changes in business models. I also mean transformations in terms of changing approaches to employees, understanding new consumer habits, or meeting the requirements of the public sector. We position ourselves as "devil's advocates," leading clients towards reevaluating all processes and considering all work habits to realize the company's full potential, not just individual segments.

You have your methodology and extensive experience, but the unique value you offer your clients, regardless of which part of Southeastern Europe they are from, is your knowledge of local markets. Is this the best combination?

From the very beginning, we established our company as a local management consulting firm rooted in international knowledge and years of experience. Understanding local markets and cultures is undoubtedly a significant advantage. Bringing global expertise to the local level leads to modernization, keeping pace with new trends and expectations. Changes that we have foreseen in the management consulting industry include an even greater focus on the client, as clients increasingly expect greater involvement of consultants in their companies. Clients want to gain new perspectives and acquire knowledge for which they need more time due to their daily operations.

You are regarded as the fastest-growing consulting company in the region with an excellent portfolio. Can your team compete with major global players in the market?

Egzakta Advisory comprises a team of professional consultants, analysts, and experts in management consulting who are deeply dedicated to their clients to help them overcome current challenges and enhance their performance. We foster a holistic approach to projects, collaborating with clients through joint workshops to reach solutions and successfully implement their most demanding projects. Each time, we strive for the same goal – to transfer knowledge to our clients. We believe this is when clients genuinely recognize the value of working with consultants. Currently, we have 15 consultants engaged in the region, working with some of the most prominent companies on strategic national projects, digitalization processes, the IT sector, and more.

We have demonstrated that intensive teamwork and education, which we are highly committed to, through training, scholarships to top business schools, mentorship programs that we nurture, an intensive approach to work, an emphasis on quality, and attention to detail, can yield results that are in no way different from those of global consulting companies.

We plan to expand our business into regional markets, primarily in Macedonia, Romania, Bulgaria, and Slovenia, where we can be highly competitive.

Due to specific and challenging economic conditions, many companies are opting for a transformation of their business model. Egzakta is also engaged in this endeavour but in its way. What is the advantage of your holistic approach?

At Egzakta, we firmly believe that transformations are essential for all businesses, regardless of the sector. Initiatives must be made and implemented if we want to meet the demands of the global market. What was acceptable as a practice until yesterday most likely needs to change today or will undergo change shortly. When we talk about transformations, I don't just mean digitalization, which is one of the imperatives and the most recognizable differences in business models. I also mean transformations in terms of changing approaches to employees, understanding new consumer habits, or meeting the requirements of the public sector. We position ourselves as "devil's advocates," guiding clients towards reevaluating all processes and considering all work habits to realize the company's full potential, not just individual segments.

You have your methodology and extensive experience, but the unique value you offer your clients, regardless of which part of Southeastern Europe they are from, is your knowledge of local markets. Is this the best combination?

From the very beginning, we established our company as a local management consulting firm built on international knowledge and years of experience. Understanding local markets and cultures is undoubtedly a significant advantage. Bringing global expertise to the local level leads to modernization, keeping pace with new trends and expectations. Changes that we have foreseen in the management consulting industry include an even greater focus on the client, as clients increasingly expect greater involvement of consultants in their companies. Clients want to gain new perspectives and acquire knowledge for which they need more time due to their daily operations. The fact that the domestic consulting market is maturing is evident from the data showing that today, more and more companies at the local level are planning annual consulting budgets to improve their companies and leverage their full potential continuously.

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