A curated list of business, career and community links.
Given our connectivity with middle market and large corporations across the greater Charlotte region, the Croixstone team is asked this question almost every day.
Our answer? It’s simple.
The story varies greatly based on education level attained.
As of May 2020, the unemployment rate for those with a Bachelors degree or higher was significantly lower than the 15.0% rate for high school graduates with no college degree:
- Bachelors Degree: 8.4%
- Masters Degree: 5.6%
- Professional Degree: 5.9%
- Doctoral Degree: 3.5%
Keep in mind that economists have long believed that the overall economy is at “full employment” at a rate of around 5%.
Based on our understanding of these rates and ongoing discussions with c-suite leaders, the Croixstone team believes ample career opportunities continue to exist for highly-educated professionals in today’s workforce.
That said, the market is certainly more competitive in 2020 than the past several years. For that reason, professionals in career transition mode are wise to focus on their personal branding and professional networking strategies to ensure a competitive edge.
Life has changed dramatically for all of us in the Charlotte region over the past couple of weeks. Given the vast uncertainties we’re facing with COVID-19 and the economy, the Croixstone team isn’t quite ready to call these times the “new” normal. We prefer to think of our current state as the “now’ normal.
Whether you are presently employed or seeking your next opportunity, COVID-19 is causing all of us to think, and act, differently. The following links are designed to help you navigate the “now” normal.
Learn about consulting.
Join Croixstone + the Charlotte Chapter of the National Black MBA Association for a virtual Zoom meeting/webinar on “The Business of Consulting.” Joining us will be leaders from Deloitte, The Kaleidoscope Group + The Graybeard Partners. Wednesday, April 8 from 6-7:3pm.
Grab your tickets here.
Learn how consulting revenues may be impacted by COVID-19.
Yes, the consulting industry is being impacted. Source Global Research has surveyed hundreds of consulting firms from across the world to gain insights.
Find a job.
Your best strategy during the COVID-19 pandemic might be to focus on short-term solutions.
View this Fast Company article to learn more.
Learn more about collaboration tools.
Inc. magazine has compiled a comprehensive list of tools including pricing.
Learn how to stay productive + connected while at home.
LinkedIn is offering 16 free professional development courses on Microsoft Teams, Skype, Zoom and more.
Learn Zoom basics.
Zoom experts host interactive, live training webinars daily.
Sign-up for free or watch a previously recorded training session.
Take your Zoom skills to the next level.
Learn 13 Zoom video chat tips, tricks + hidden features.
Learn how to run a virtual meeting.
An executive recruiter shares 8 cardinal rules for successful virtual meetings with Forbes.
Access a library of COVID-19 resources.
Check out the Charlotte Regional Business Alliance’s “COVID-19 Resource Portal.”
Learn how to lead during a crisis/downturn.
5 great tips from Chief Executive magazine.
Find your right work-from-home playlist.
LinkedIn is now on Spotify with a variety of playlists curated for the varying times of your career journey.
The COVID-19 outbreak is undoubtedly a global humanitarian challenge. While addressing the humanitarian challenge is a top priority, many business thought leaders are concurrently providing insights and best practices to help business leaders navigate through these uncertain times.
This special blog post is dedicated to spotlighting a curated list of quality resources (many at no cost) to help business leaders in making crucial people and organizational decisions during the ongoing crisis.
Accounting Today: Coronavirus Resources (free)
Charlotte Observer: Coronavirus Updates (no paywall)
CDC: Coronavirus Website
Deloitte: Coronavirus Resources (free)
EY: Coronavirus Resources (free)
Inc. Magazine: Free Remote Working Software Options
Grant Thornton: Coronavirus Resources (free)
Korn Ferry: Leadership in an Outbreak (free)
KPMG: Coronavirus Resources (free)
McKinsey & Company: Executive Briefs (free)
PwC: Coronavirus Resources (free)
The New York Times: Coronavirus Resources (free with registration)
SHRM: Coronavirus Resources (membership required)
Vox: Free Work From Home Software Options
Wall Street Journal: Coronavirus Site (free)
The norms about working at older ages have changed.
The Bureau of Labor Statistics reported that the economy gained over 2 million jobs over the past 12 months. The number of employed workers age 65 or older rose by 697,000 – about 36% of the total gain.
Both of Croixstone’s practices (Consulting and Solutions) are dedicated to representing only highly-experienced professionals. Given our own firm’s growth, we are not surprised that older workers are accounting for a significant proportion of job growth.
Croixstone has built its practice around a group of elite, senior level top-tier MBA consulting professionals who thrive on tackling the toughest industry challenges to help propel businesses forward.
Recently, Forbes released a list of MBA programs they say are just as good or better than those ranked by U.S. News & World Report. Click here to read more.
According to a new study conducted by SmartAsset, Charlotte ranked in the top 20 in their “Best Cities to Work From Home – 2020 Edition” list, coming in at #12. In 2019, Charlotte ranked #10 on the list, but the percentage actually went up this past year from 7.7% to 8.4% of the workforce working remotely.
Key Findings in the 2020 Edition:
- Working from home is becoming more common.
- Cities in the West and South rank well.
Today’s job market is shifting at unprecedented speeds as new technologies, globalization and economic shifts continue to drive change. Highly-experienced professionals, like those for whom Croixstone serves, will benefit from these changes. Learn more in this January 7, 2020 article from Forbes entitled “2020 Job Search and Career Predictions for Baby Boomers.”
In the USA alone, more than 165 million workers have LinkedIn profiles, and more that 20,000 companies use LinkedIn to recruit. Using the social media site’s vast treasure trove of data, LinkedIn’s Economic Graph team of data scientists and economists recently looked at USA hiring patterns for 57 different C-suite jobs.
Some key C-suite findings?
- Chief Growth Officer is increasing in popularity faster than any other title.
- Many industries are expanding the C-suite to address their most chronic operating challenges.
- Everyone wants Chief People Officers.