September 2017 – Croixstone

Sustainability in Business

On September 7th, the results of the annual 2017 Dow Jones Sustainability Index for North America were announced, and both Duke Energy Corp. and Bank of America Corp. made the list for their focus on environmental, social and governance issues. Like Duke Energy and Bank of America, companies continue to change their business models as a result of sustainability opportunities.

Sustainability is all about meeting the needs of the present without compromising the ability to meet the needs of future generations. Instead of today’s linear ‘take, make, depose’ economic model, companies like Hewlett-Packard, who recently unveiled the world’s first printer with closed-loop recycled plastic, and Procter & Gamble, with its ongoing focus on creating a new method to recycle plastic for reuse, are helping to drive the circular economy concept of ‘return and renew’ as part of their approach to sustainability in business.

Is it time to tie executive compensation to sustainability? Learn more here.

Learn more sustainability in today’s business world here.

Read about the circular economy concept here.

Welcoming Week

Welcoming America returned to Charlotte on Friday, September 15th, for a week long series of events to celebrate National Welcoming Week. The events during Welcoming Week are focused on bringing together immigrants and U.S.-born residents to raise awareness of the benefits of welcoming everyone – including new Americans. Croixstone’s founder, Mark Weber, is Chairman of the Board of Directors for ourBRIDGE for KIDS, a nonprofit afterschool program for immigrant and refugee children here in Charlotte that provides an inclusive and welcoming environment.

During Welcoming Week, ourBRIDGE is opening its doors and inviting the community to the inauguration of the organization’s new afterschool center in east Charlotte on Sunday, September 17th from 3 – 6 p.m. at 3925 Willard Farrow Drive, Charlotte, NC, 28215. The public is welcome to attend!

Learn more about ourBRIDGE for KIDS here.

Read about ourBRIDGE for KIDS’ new home and partnership with Aldersgate here.

See how ourBRIDGE for KIDS won Amazon’s #TickSaveMyCity contest here.

Agile For Business

Back in 2001, seventeen people at The Lodge at Snowbird met to talk, ski, and relax, and what emerged was the Agile ‘Software Development’ Manifesto. Those seventeen individuals may not have predicted that the agile methodology would now go well beyond IT and impact all areas of business.

As agile becomes more and more popular, business teams across a broad range of industries and functions are continuing to adopt an agile approach as a wide-ranging global business strategy. And, big businesses aren’t the only places where agile is flourishing. Small businesses and startups are also benefiting from embracing agile strategies and mindsets.

Learn about the secret history of agile innovation here.

Read how to make agile work for the C-suite here.

When it comes to scaling agile, learn how the devil is in the details here.

Finally, read about changes required to make your organization truly agile here.

Keeping Up With Digital Transformation

Digital transformation has by now made its way to nearly all industries, and therefore, it comes up in Croixstone’s conversations almost daily. Why is digital transformation so important? Quite simply, if organizations don’t modernize and become fully digitalized then they will be left behind and the threat of disruption becomes very real. With companies investing millions to digitalize their businesses, they are hoping for outcomes that will increase revenue, reduce cost, create more products and services, improve customer satisfaction, enhance differentiation, and ultimately mitigate the risk of digital disruption.

Regardless of your area of expertise, digital transformation will impact everyone. Companies are looking for change drivers to help them weed through the digital transformation myths, create a culture that makes data-based decisions, and sift through an avalanche of digital initiatives to reshape their organizations.

Read about a new practical guide to a successful digital transformation here.

Learn some insights into helping your C-suite understand digital transformation here.

See how three companies are thriving with digital transformation here.