Undeniably, the realm of business turnaround consulting, which involves the provision of specialized advice and methodologies to underperforming companies seeking to improve their performance and achieve operational excellence, is in a constant state of flux. Today's volatile business environment, characterized by rapid technological advancements, changing customer expectations, and increased competition, has necessitated evolution in the modus operandi of turnaround consulting, thereby paving the way for exciting new trends and predictions.

Firstly, business turnaround consultants are gradually transitioning from a purely analytical approach to a more integrated one, harnessing the power of digital technologies such as artificial intelligence (AI), machine learning, and data analytics. This trend stems from the increasing recognition of the value of actionable insights derived from vast amounts of operational and market data. Thus, the future likely foretells an even more significant emphasis on big data and AI, where consultants will use predictive analytics to identify potential problems and devise appropriate strategies.

Furthermore, the incorporation of machine learning algorithms can enable consultants to learn from past turnaround efforts' successes and failures, thereby constructing more effective strategies. However, this increased reliance on technology presents a dichotomy. On the one hand, it can lead to more effective and efficient turnaround strategies. On the other hand, it may raise concerns about data privacy and the potential loss of the human touch that forms the cornerstone of consultant-client relationships.

The second emerging trend in turnaround consulting lies in the increasing importance of stakeholder management. This extends beyond merely managing the expectations of shareholders to include other stakeholders such as employees, customers, and even the wider community. In future, turnaround consultants will likely play a more significant role in managing these diverse stakeholder groups, applying techniques derived from social science to maintain morale and gain buy-in for turnaround strategies.

Additionally, as environmental, social, and governance (ESG) factors gain prominence, consultants may need to consider these elements when developing turnaround strategies. This evolution may require a delicate balancing act, as achieving ESG objectives may at first seem to conflict with the need for rapid financial recovery. However, in the long term, ESG compliance can enhance corporate reputation and deliver sustainable growth.

Thirdly, globalization and the advent of digital platforms have enlarged the competitive landscape for firms, necessitating a global perspective in turnaround strategies. Consequently, a future trend in turnaround consulting could involve developing expertise in international business law, economics, and cultural nuances. Furthermore, as firms increasingly adopt remote working arrangements, consultants need to devise strategies that enhance productivity and collaboration in virtual teams.

The future of business turnaround consultants, therefore, seems set to be an intriguing blend of technological, social, and global elements. As consultants grapple with these evolving trends, they may need to continuously update their competencies and embrace interdisciplinary approaches.

However, it is important to acknowledge that these are mere extrapolations based on current developments and inherent uncertainties exist. The future may well hold surprises that challenge these predictions. Yet, one thing appears certain: the role of the business turnaround consultant will continue to be of paramount importance in navigating the choppy waters of business adversity.

In conclusion, the art of business turnaround consulting is poised for a major transformation, driven by the forces of technology, stakeholder expectations, and globalization. In this evolving landscape, consultants will need to strive for a delicate balance between embracing new trends and maintaining the essence of their role – steering businesses towards a path of sustainable growth and prosperity.