The field of Leadership Training Consultants (LTCs) continues to evolve in response to the ever-changing milieu of business complexities and demands. As corporate entities grapple with the need for innovation, they increasingly require leaders equipped with both technical skills and emotional intelligence. Leadership consultants thus offer an indispensable service, molding leaders of the present and future. This industry report aims to dissect the key findings and critical insights from recent data, laying bare the trends, challenges, and growth areas in the LTC industry.

One may wonder, what is the raison d'etre of leadership training consultants? Simply put, they are catalysts of transformation for organizations, harnessing the potential of leaders, channeling it towards the achievement of business objectives. Their purview extends from one-on-one coaching, team building exercises to strategy mapping sessions, and organizational design.

Diving deeper into the essence of LTCs, there are two primary typologies: Internal and External consultants. Internal LTCs are part of the organization and have a deep understanding of its culture, ethos, and challenges. On the other hand, External LTCs are third-party experts brought in for their unbiased perspective, innovative thinking, and novel methodologies. The choice between the two rests on the organization's specific needs and objectives.

The geographical distribution of LTCs is an amalgam of mature markets like North America and Europe, with burgeoning markets such as Asia-Pacific and Latin America. With the nexus between leadership and performance gaining recognition globally, the demand for LTCs has become universal. Yet, the cultural context in each region necessitates a certain level of customization, making the role of LTCs more challenging and intriguing.

The temporal dimension of LTCs encapsulates a fascinating trajectory of evolution. Their emergence can be traced back to the mid-20th century, coinciding with the advent of corporate culture. Since then, the field has grown exponentially, fueled by the rise of globalization, technological advancements, and the shift towards knowledge-based economies.

The modus operandi of LTCs involves an amalgamation of methodologies like psychometric assessments, 360-degree feedback, and experiential learning. However, the advent of digital technology has added a new dimension to their arsenal. The use of Artificial Intelligence, Virtual Reality, and Big Data Analytics is revolutionizing the way leadership training is delivered. Yet, it is essential to acknowledge the trade-offs. While technology can enhance accessibility and personalize learning, it cannot replace the human touch, the nuances of face-to-face interaction, and the transformational power of personal relationships.

As we delve into the 'why' of the situation, the raison d'etre of LTCs becomes evident. In today's volatile, uncertain, complex, and ambiguous (VUCA) world, the need for effective leaders is paramount. As Peter Drucker once said, "management is doing things right; leadership is doing the right things." LTCs foster this shift, enabling leaders to guide their teams towards shared goals effectively and ethically.

In conclusion, the leadership training consultants' industry is at an exciting crossroads. While the demand is escalating, the modalities of delivery are evolving, fueled by technological advancements. Despite these changes, the core mission remains constant: to inspire and equip leaders who can navigate the labyrinth of modern business successfully. The future of LTCs is thus not just promising, but essential for the progress of the global corporate landscape.