Make the Downturn Work For You

“The best companies do more than survive a downturn.  They position themselves to thrive during the subsequent upturn, guided again by a number of broad objectives.”
– Harvard Business Review (Febuary 2009)

Do you know where the opportunity lies for your company (and/or your career) during this time of great uncertainty?  In this blog post, we focus on the opportunities that await those determined to make the downturn work for them.

13 Massive Companies That Started During a Recession

“…if history proves to be any sort of reliable predictor, recessions have actually served as the launchpad for some of the world’s most incredible businesses.” – The Startup (Medium)
  Learn more here.

Turn Massive Challenges into Meaningful Change + Opportunities.

Accenture has done a remarkable job of effectively packaging insights from the firm’s experts in a simple and straightforward way to help organizations turn massive complexity into meaningful change.
Learn more here.


The NOW Normal.

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.
Click here.

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.
Click here.

Learn how to stay productive + connected while at home.
LinkedIn is offering 16 free professional development courses on Microsoft Teams, Skype, Zoom and more.
Click here.

Learn Zoom basics.
Zoom experts host interactive, live training webinars daily.
Sign-up for free or watch a previously recorded training session.
Click here.

Take your Zoom skills to the next level.
Learn 13 Zoom video chat tips, tricks + hidden features.
Click here.

Learn how to run a virtual meeting.
An executive recruiter shares 8 cardinal rules for successful virtual meetings with Forbes.
Click here.

Access a library of COVID-19 resources.
Check out the Charlotte Regional Business Alliance’s “COVID-19 Resource Portal.”
Click here.

Learn how to lead during a crisis/downturn.
5 great tips from Chief Executive magazine.
Click here.

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.
Click here.


Financial Modeling + Stress Testing

PwC surveyed 50 U.S. and Mexico finance leaders last week to gain insights into how COVID-19 is likely to impact their companies. 40% of the survey participants said they were facing difficulty in assessing the impact.

That difficulty is understandable. That said, now is the right time for CEOs, CFOs and other leaders to embrace the uncertainty and leverage financial modeling and stress testing to help in reassessing near-term priorities.

We can help.


Older Workers are in Demand

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.

Learn more.


Online MBA Programs

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.


Best Cities to Work from Home

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.

Click here to learn more and find out where other cities ranked.



2020 Job Search + Career Predictions

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.”


PRESS RELEASE

FOR IMMEDIATE RELEASE

CROIXSTONE ANNOUNCES NEW PRACTICE AND LEADERSHIP APPOINTMENT

Emily Lopez Joins as Division Director to Lead Croixstone Solutions

Charlotte, NC (June 10, 2019) – Croixstone Consulting (Croixstone) announced today that Emily Lopez, MA, has joined the organization in the newly-created role of Division Director.  Lopez leads the management consulting firm’s new human capital services practice, Croixstone Solutions. 

“We are thrilled to welcome Emily to our team as we launch our new human capital practice,” said Patti Weber, Croixstone Consulting’s Chief Executive Officer. “With unemployment rates at a 50-year low, businesses and organizations are exceptionally challenged today at meeting their human capital needs.  As a workforce transformation expert with more than 20 years experience in talent acquisition, retention and culture-building, Emily is uniquely positioned to address these challenges.”

A multi-industry professional who has fueled start-ups and has engineered turnarounds, Lopez has expertise in preparing, equipping and supporting organizations and individuals to successfully adopt change in order to drive organizational success and outcomes.  Her background includes key leadership roles in the nonprofit, public education and leadership training sectors.  An active leader in the Charlotte community, Lopez currently serves on the board as secretary with Youth Development Initiatives (YDI, Inc.) and as School Leadership Chairperson for Oakhurst STEAM Academy (a Charlotte-Mecklenburg Schools magnet school). Additionally, she is a 2018 graduate of the Jewish Federation of Greater Charlotte’s Bernstein Leadership Group. 

Lopez holds a masters degree in Organizational Leadership from Columbia University and a bachelor’s degree from the University of Vermont. 

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About Croixstone Consulting

Croixstone Consulting is a boutique consulting firm known for connecting the brightest minds in business and community.  The firm serves the greater Charlotte region with two practices – Croixstone Consulting and Croixstone Solutions.  Croixstone Consulting provides project MBAs to help companies reduce costs, improve efficiencies, reduce complexity and increase customer satisfaction. Croixstone Solutions provides a suite of curated services, anchored by SEARCH, that delivers a competitive talent advantage to propel organizations into the future. For more information, visit croixstone.consulting, follow us on Twitter at twitter.com/CroixstoneCLT, visit our blog at croixstone.consulting/blog or find us on LinkedIn at linkedin.com/company/croixstone-consulting.

Media Contact

For further information, images and interviews, please contact:

Mark Weber, Managing Partner – Croixstone Consulting | (980) 263-0234 | mweber@croixstone.consulting