2018’s Most Inspiring Books

We are eternal optimists at Croixstone Consulting and, therefore, love Inc. Magazine’s list of “The 10 Most Inspiring Books of 2018.”  Faithful readers of this blog and Croixstone’s social media channels know that we adore “Rebel Talent” by Harvard Business School professor Francesca Gino.  It speaks to the benefits of constructive nonconformity and our fondness for business mavericks.  And we plan to read Bill Gates’ favorite book of all time, “The Better Angels of Our Nature”, that came out in January. Read the list of 2018’s most inspiring books here.


Keep Informed!

The December 2018 issue of Consulting Magazine is now available.  Access is easy (and, best of all, complimentary)!  Simply register to become a free ALM digital reader, and you’ll receive free access to Consulting Magazine Online and the digital edition.

The current issue highlights the women leaders in consulting who are making a big impact on the industry.  Be sure to read the “ShortTakes” interview on page 4 where PwC’s Vice Chairman and Advisory Leader, Mohamed Kande, discusses the impact of the Fourth Industrial Revolution.  Read the December issue here.

 


100 Events That Shaped the Queen City

The great city that Croixstone Consulting calls home just celebrated its 250th anniversary.  Founded in honor of Her Majesty Queen Charlotte of Mecklenburg on December 3, 1768, Charlotte has grown to be the second-largest banking center in the US, a title it regained in early November 2018.

Charlotte Magazine recently published a list of the 100 events (ranging from the 1700s to the 2000s) that transformed our city into what it is today.  A “must read” regardless of how long you have lived or worked in the greater Charlotte region!


Red Flags of Fraud

Croixstone Consulting joined forces recently with the Association of Certified Fraud Examiners (ACFE) as an official supporter of International Fraud Awareness Week.  We were part of a global effort to minimize the impact of fraud by promoting anti-fraud awareness and education.

Do you know the most common behavioral red flags of fraud?  Learn more by viewing this infographic with data from the 2018 ACFE Report to the Nations.


What’s the Future of Management Consulting?

Recently, Croixstone Consulting participated in a thought-provoking webinar about the state of the management consulting industry. Hosted by ALM Intelligence, the webinar provided insights into the future of the industry and featured proprietary research and analysis from ALM’s team of analysts.  View the webinar (it is an hour-long) to learn answers to the following questions:

  • What is the size and growth rates for consulting globally and by region?
  • What’s the future of consulting?
  • What will the profession look like in the next decade?
  • How are client expectations changing the game?
  • What will a successful firm look like in 2020?

Businesses are Moving Toward Being Technology Companies

Our Managing Partner, Mark Weber, kick-started last week with a conference call with the CEO of one of our clients.  The conversation focused on the topic of talent development (the #1 concern of mid-market CEOs who attended last month’s sixth annual mid-market CEO convention at the Wharton School at the University of Pennsylvania).  During the call, the CEO stated that in today’s world, ALL companies are tech companies.  Many organizations don’t understand this concept and continue to see technology as a separate entity from the rest of their businesses.  Greg Williams, the Deputy Editor of WIRED Magazine, recently published a blog post on the 5 reasons why businesses are moving toward being technology companies.  Read it here.


Spotlight on Disruption

Coworking office spaces represent a fundamental shift in the way people work, and the coworking industry is disrupting the commercial real estate industry in a very BIG way.  The future of work is a huge topic of discussion every week at Croixstone, and the shift in how people work is what incentivized us to relocate our offices from our business loft in South End to Industrious in Uptown Charlotte nearly one year ago. Learn why companies like Spotify, Lyft, Hyatt and Chipotle have joined Croixstone in calling Industrious home across the United States.  Click here.


Robotic Software + Accounting Firms

Robotic Process Automation (RPA) is the use of a software robot or “bot” that replicates the actions of a human to execute tasks across multiple computer systems.  According to a 2015 Accenture report, robotics is predicted to automate or eliminate up to 40% of transactional accounting work by 2020.  Read this 2017 newspaper article from the StarTribune in Minneapolis to learn more about how robotic software is sweeping large accounting firms and their clients.


The Gig Economy Goes Global

This past summer, Morgan Stanley published research on the growing global gig economy.  The study shared that the USA’s freelance workforce has grown three times faster than the overall workforce.  Freelancers today represent about 35% of the total U.S. working population, and Morgan Stanley shared that this number could represent more than 50% of the nation’s workforce by 2027.   Read a high-level overview of the study to learn more about the drivers behind today’s gig economy.