There is no doubt that Agile drives value beyond the world of software development. And, when effectively scaled, Agile can create substantial benefits for even large corporations. The key is understanding that Agile is a mindset, not just a methodology. Read this Forbes article to learn more.
Pat Lynes, author of “The Interim Revolution,” isn’t the only one who sees big changes ahead for the management consulting industry. Listen to this Harvard Business School Ideacast that features Clay Christensen (the Kim B. Clark Professor of Business Administration at the Harvard Business School and one of the world’s top experts on innovation and growth) and Dominic Barton (the global managing partner of McKinsey).
Traditional management consulting won’t be around in 20 years.
That’s the bold claim being made by Pat Lynes, a business transformation consultant and author of “The Interim Revolution.” Having interviewed over 100 corporate executives to gain insight into how businesses address change and perceive the management consulting industry, Pat believes our industry is a prime candidate for disruption. We agree. Learn more here.
According to one expert, North Carolina is facing a serious economic challenge. Read this article to learn how some believe the world changed in a very BIG way in 2007, resulting in cataclysmic changes in the workforce.
On April 16th, Social Venture Partners Charlotte (SVP) will host the annual SEED20 program which identifies, highlights, and connects the community to twenty of the region’s most innovative ideas for tackling pressing social challenges. In today’s business world, nonprofits are not the only ones concerned with being integrated into the social fabric of society. Earlier this week, Forbes ran an article titled the “The Rise of the Social Enterprise: A New Paradigm for Business” which illustrates that businesses today need to make a shift in management in order to be more integrated into the social fabric of society.
- Achieve social, cultural, community economic and/or environmental outcomes
- Earn revenue
- Moving from an organization which operates as a functional hierarchy to one that operates as a “network of teams.”
- Each part of the company looks at the impact of external factors and the company’s footprint in the external world.
Another core technology altering nearly every dimension of our lives as outlined in a recent MIT Sloan Management Review article is biotechnology. Biotechnology is really the combination of technology, chemistry, and life sciences. At first glance, many business leaders may believe that biotechnology only impacts the health care field. The rapid advances in biotechnology, however, show enormous promise and have the potential to “both expand existing industry boundaries and create entirely new industries,” according to Dr. Albert H. Segars, author of the article and PNC Distinguished Professor of Strategy and Entrepreneurship and Faculty Director of the Center for Sustainable Enterprise at the University of North Carolina Kenan-Flagler Business School.
- Industrial Processing – applications in product development, pollution control, bio-recycling, and hazardous waste.
- Biometrics/Bio-identification – expanding the use of biomarkers as a gateway to information access and commerce.
- Bioinformatics – analysis of large sets of data used in the Human Genome Project, Disney’s theme park design, and more.
- Medical – advancements in the field of genomics, production of vaccines, antibiotics, gene therapy, and personalization of implantable devices.
- Food & Agriculture – significant gains in the production of plants, improved quality of livestock, pest-resistance crops, nutrient supplementation, and manufactured power fibers.
- Energy – alternative energy sources, production of biofuels from algae and other plant and waste sources.
Click here to read the entire MIT Sloan Management Review article.
In a recent MIT Sloan Management Review article, Dr. Albert H. Segars from University of North Carolina Kenan-Flagler Business School outlined seven core technologies that are altering nearly every dimension of our lives and their implications for commerce, health care, learning, the environment and more. According to Dr. Segars, pervasive computing is one of the core technologies that every business leader should become familiar with as the digital revolution rages on.
Pervasive computing, also called ubiquitous computing, is a concept where information, media, context, and processing power are delivered conveniently to us in all kinds of things. The Apple Watch’s ability to alert users of incoming phone calls and to allow users to complete calls through the watch, is an example of pervasive computing. The large network of connected microprocessors embedded in everyday objects allows access to information from virtually anywhere and at any time.
First pioneered in the late 1980s at the Olivetti Research Laboratory in Cambridge England, the development of the “Active Badge“, a small clip-on microcomputer employee ID card, enabled the company to track employee movement. This spurred articles by the The New York Times, ComputerWorld and other publications about George Orwell’s Big Brother prediction coming true.
- Transportation (by air, land and sea)
- Smart Homes
- Security & Safety
- Healthcare/Medical Technology
Croixstone‘s CXO Patti Weber recently participated in Skookum‘s largest Tech Talks to date. Josh Miller, Senior Software Engineer at Skookum, provided insight into blockchain technology and the uses beyond Bitcoin and cryptocurrency. The original blockchain was described in a 2008 bitcoin paper by Satashi Nakamoto, just 2 months after the collapse of Lehman Brothers in 2008. What makes blockchain so attractive is that it provides a level of trust that is interwoven in business transactions. People can now make transactions without middlemen which translates to greater control of funds and lower fees.
- Supply Chain
- Traditional Banking
- Real Estate
- Public Records
- Food System
It’s a good time to be in the consulting world! According to the recently released Consulting Magazine’s 2018 Executive Outlook report, the theme for the consulting industry this year is “Let the Good Times Roll.”
The positive economic momentum + recent corporate tax cuts equal an “upbeat and bullish forecast” for the consulting industry. As result, the industry remains strong and firms are in the “midst of a hiring frenzy” to get the work done. Below is a high-level overview of the results in the report:
- 97% of leading consulting firms surveyed experienced real revenue growth over the last 12 months.
- 98% of executives are forecasting growth in 2018, and 94% are saying that growth will exceed 6%.
- 95% of firm leaders anticipate net profits will improve, and 62% of the firms predict net profits will be up more than 10% in 2018.
The survey was conducted in the latter part of 2017 with more than 130 Managing Directors, Partners and Vice Presidents participating. To read the full 2018 Executive Outlook, click here.
- Click here for a complete guide from entrepreneur.com to the highest-paying jobs, companies, freelance jobs and more.
- Prepare for the future as a freelancer by following these 3 tips here.
- Want to quit your job to go freelance? Here is a list of 10 skills that are in hot demand now.
- Are we all fated to become “solopreneurs”? Read here about the four key criteria needed to stay competitive and successful as freelancers.