CEO – Croixstone

The Charlotte Business Journal Interviews Croixstone’s CEO

To many outside the industry, terms such as “consulting” and “transformation” can be vague. Croixstone Consulting’s CEO Patti Weber is known for her pragmatic approach in helping others to understand the firm’s business model.

Laura Williams-Tracy (Contributing Writer) of the Charlotte Business Journal recently interviewed Patti to learn how Croixstone fills a niche for middle market companies across the USA.

Read (or listen to) the December 2022 interview here.

What’s Top of Mind for CEOs

Fortune Magazine and Deloitte have partnered to track the perspectives and actions of CEOs from the world’s largest and most influential companies. Every 4 months, the duo gathers key insights into CEOs’ priorities, challenges, and expectations across 15 industries, including finance, health care, and technology.

At the end of last month, Fortune/Deloitte shared the results of their latest survey that revealed that a growing number of chief executives expect pandemic disruptions to continue. Additionally, they remain bullish about growth while they are focused on talent, and taking action on climate change.

Our key takeaway from the latest survey?

Talent remains a top priority for CEOs.

Nearly three-quarters of CEOs say they expect labor and skills shortages to in influence or disrupt their strategy over the next 12 months. When asked about the biggest challenge they face, nearly 50% of CEOs name challenges related to talent – up from a 25% in the Fortune/Deloitte summer survey.

Asked separately about the top three challenges to their organization’s talent and workforce goals, the major of CEOs named attracting and recruiting talent (57%), designing a post-pandemic workplace (53%), and retaining talent (51%). Building a diverse, equitable, and inclusive workforce is also high on the list of challenges for 43% of CEOs.

Click here to read the full report.

CEOs Are Seeing Happy Days Ahead

PwC surveyed 5,050 CEOs in 100 countries and territories over January and February 2021 for the firm’s 24th Annual Global CEO survey. The findings? A record 76% of global business leaders predict that economic growth will improve this year.

Survey Highlights

57% of US CEOs plan to pursue new M&A in the next 12 months

63% of US CEOs plan to launch a new product or service in the next 12 months

77% of global CEOs are seeking operational efficiencies as a top priority over the next 12 months

48% of US CEOs plan to increase their investments in cybersecurity & data privacy (with 30% planning to increase investments by 10% or more)

More than 22% of US CEOs say they’re adopting new environmental, social & governance (ESG) disclosure standards

Learn more here.

The Greater Purpose of a Corporation

In August 2019, Business Roundtable (an association of chief executive officers) released a historic statement that redefines the purpose of a corporation. The big change? Shareholder primacy no longer rules supreme. Learn About the Greater Purpose of a Corporation as defined by 181 CEOs.

CEOs Struggle To Fill Talent Gaps

Finding talent to fill jobs is one of the CEO’s biggest challenges in today’s economy.

From boosting overtime to delaying retirements to doubling down on automation, CEOs are taking a variety to actions to address this ongoing challenge. Read this recent article from Chief Executive magazine to learn more.