Croixstone Consulting

Croixstone Welcomes Lisa Cahill as Senior Talent Leader

Croixstone is excited to announce today that Lisa Cahill has joined the organization in a newly-created role as Senior Talent Leader. Cahill will design and execute recruiting strategies to attract experienced professionals for the firm’s consulting and executive search practices.

“Having known Lisa for over a decade, I couldn’t be more excited to welcome her to the Croixstone team,” said Patti Weber, Croixstone’s Chief Executive Officer. “In her new role with the firm, Lisa will apply her advanced relationship-building skills to meet both our business and people objectives as Croixstone continues its national expansion.”

Cahill is an extraordinary connector who builds and nurtures long-lasting relationships that make a positive difference in the lives of people, organizations, and communities. In the early 1990s, she was among a few female pioneers recruited to join global pharmaceutical leader GlaxoSmithKline (GSK) in a male-dominated sales organization. During her more than 15 years with GSK, Cahill excelled in building relationships with primary care and specialty physicians, and she served as a sales leader and district sales trainer for several divisions of the company including a new start-up division. Her success at GSK led to additional career opportunities in the pharmaceutical industry at both Abbott Laboratories and Avion Pharmaceuticals.

Additionally, Cahill spent nearly a decade in the specialty healthcare profession as a Physician Liaison for organizations including Southeast Pain and Spine Care, Carolinas Pain Institute, and Fyzical Therapy and Balance Center.

Read our Press Release here.

Croixstone Consulting Turns “6”

The Croixstone Consulting team is celebrating its sixth business anniversary this month! Patti Weber and Mark Weber launched Croixstone as a boutique management consultancy in 2016. Their vision was to offer the world a highly differentiated business model in management consulting that would transform careers and businesses. The two entrepreneurs powered their vision by using their superpowers in strategic networking and relationship-building to connect the brightest minds.

In honor of the firm’s sixth business anniversary, here are six fun facts about Croixstone Consulting.

#1) Our name. Rivers are a hugely important part of life that connect humans in so many ways. The inspiration for Croixstone’s name is the St. Croix River (French: Holy Cross), a tributary of the Mississippi River that forms a border between the states of Wisconsin (the home state of Patti and Mark) and Minnesota (where the firm’s founders each began their careers).

#2) One more thing about our name. The correct way to pronounce the company’s name is “kroy-stone.”

#3) Our garage was a loft. Many of the world’s best known start-up companies were launched in garages. Croixstone launched its business in 2016 in Loft 309 of the former Lance Crackers building on South Boulevard in Charlotte’s booming South End Neighborhood. Not a garage, but a very cool loft to build a very unusual company.

#4) We LOVE constructive nonconformists. Business mavericks. Rebel talent. Call them what you will. One of our core beliefs is that these are the people who drive innovation in companies.

#5) We also LOVE portfolio professionals. We believe portfolio careers are the future of work. And so do many other thought leaders and futurists.

#6) Curiosity. One of our core values. We practice intelligent exploration and intellectual humility. We apply the best of our professional life experience, but always stay focused on what’s left to learn. From space exploration companies to solar farm developers to fintech unicorns, our curiosity has fueled Croixstone’s ability to build a truly unique client portfolio over the past 6 years.

Know This Term: ESG

There’s hardly a day that goes by where the Croixstone team doesn’t hear the term ESG being used by one of our clients.

So what does ESG mean?

We like the following definition used by the folks at Investopedia.

“Environmental, social, and governance (ESG) criteria are a set of standards for a company’s behavior used by socially conscious investors to screen potential investments. Environmental criteria consider how a company safeguards the environment, including corporate policies addressing climate change, for example. Social criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. Governance deals with a company’s leadership, executive pay, audits, internal controls, and shareholder rights.”

Learn more about ESG via Investopedia here.

3 Essential Focus Areas for Your Board

As a boutique management consulting firm, the catalyst behind many of Croixstone’s engagements is tied to priorities established by private company boards.

The National Association of Corporate Directors (NACD) is a professional association with a mission to empower directors and transform boards to be future ready. For more than 40 years, NACD has been on the leading edge of corporate governance by setting standards of excellence that have elevated board performance.

The Croixstone team read with interest a recent publication by NACD spotlighting the fact that private company boards are facing increased pressure to both capitalize on and protect against disruption. Whether coming from the environment, rapid advances in technology, the political landscape, and/or regulatory realms, the ongoing threat of disruption demands that directors be flexible, agile, and ready to address these fast-evolving challenges.

NACD recommends that boards prioritize their discussions on the following three areas:

Human Capital: Especially on matters of hiring, retention, and succession planning.
Cyber Threats: In 2021, ransomware events increased by 700%. It is essential that directors understand their company’s vulnerabilities and the board’s role in addressing these challenges.
ESG: The rise in ESG (environmental, social and governance) mandates that boards provide strong leadership in guiding the management of their companies to allocate the appropriate resources and attention.

Learn more here.

The Charlotte Ledger 40 Over 40 Awards Celebration

The Croixstone team is joining The Charlotte Ledger and U.S. Bank on Thursday evening, April 28, to celebrate this year’s honorees of local Charlotte unsung heroes aged 40+ who are doing great things in our community. We are looking forward to a fun night honoring The Charlotte Ledger’s amazing 40 Over 40 winners from 2020, 2021, and this year.

The honorees from 2021 include our very own Patti Weber, CEO and co-founder. Read more about Patti here.

Congrats to 2022’s winners! We look forward to seeing you on Thursday!

Reimagine the Way You Give

Almost 7 years ago, our co-founders Patti Weber (CEO) and Mark Weber (Managing Partner) were seeking a new way to put their skills and interests to work in a meaningful way to give back in their home city of Charlotte, NC.

That search led them to an exceptionally unique nonprofit called Social Venture Partners International (SVP), an organization with a network of 3,400 philanthropists in more than 40 cities around the world. These philanthropists, called “Partners”, help those out to do good to do better – by bringing together donors, nonprofits and social enterprises so together all can make a greater collective impact.

SVP Partners practice what is called “engaged venture philanthropy.” Venture philanthropy is a type of impact investment that takes concepts and techniques from venture capital finance and business management and applies them to achieving philanthropic goals. SVP Partners invest money, time and skills in promising, up and coming nonprofits in their local communities.

The Charlotte Affiliate of SVP is seeking to welcome new Partners who relate to the concept of engaged venture philanthropy. Learn more about SVP Charlotte here, and/or reach out to Mark Weber, who volunteers on the SVP Charlotte Board, at mweber@croixstone.consulting.

The Power of the Stay Interview

The Bureau of Labor Statistics reported that 4.4 million people quit their jobs in February 2022 – another near-record high. The Great Resignation continues to spotlight the people risks that today’s leaders face as valuable employees continue to submit their resignations in this exceptionally tight labor market.

Sure, there is value in conducting exit interviews to gather insights and data to understand the reasons why talented employees are leaving. But why wait for the resignation to take place?

A powerful, yet vastly underutilized tool to get ahead of the resignation email, is the “stay” interview. A recently published article by Harvard Business Review (HBR) argues that managers should spend just as much time understanding why employees choose to remain in their jobs as they expend learning why they are departing.

We like the practical and easy-to-implement advice that HBR shared to implement stay interviews. HBR recommends that you fold stay interviews into existing one-on-one meetings with your employees or minimally consider conducting them monthly. HBR further suggests that you ask the following four questions that address common retention issues:

What’s your frame of mind today?
Who do you feel connected to at work?
What barriers can I remove for you?
What new thing to you want to learn that will excite you and help you grow?

Read the HBR article here.

Most USA Workers are Open to Leaving

The Great Resignation is a powerful force to be reckoned with, and it shows no signs of easing up.

Case in point…Willis Towers Watson, the insurance broking and HR advisory firm, polled nearly 10,000 USA workers during December 2021 and January 2022 to gather insights for its Global Benefits Attitudes Survey.

The Croixstone team read the survey results last week, and the insights are truly stunning.

Most USA workers (53%) are open to leaving their employers.
44% of USA workers said they are actively looking for a new job and plan to seek new employment in the first quarter of 2022.
4.3 million Americans left their jobs in January 2022, and a whopping 48 million workers left their jobs in the calendar year 2021.
25% of workers feel stuck in their jobs and would leave if they could. The discontent is even higher as you move up the ladder, and it increases to 30% of managers and 55% of senior managers.

Learn more here.

We’re Celebrating our Nomination for 2022

The Croixstone team is in a celebratory mood! The firm and our CEO, Patti Weber, have been nominated for the 11th annual 2022 Charlotte-Mecklenburg Crowns of Enterprise Awards.

The Crowns of Enterprise Awards recognize and honor small businesses that demonstrate exemplary leadership and sound business strategies. Charlotte-Mecklenburg strives to acknowledge and display the hard work and resilient efforts of the community’s local small businesses, illustrating the positive footprint and economic impact they have on Croixstone’s home town.

Winners will be announced during the annual Charlotte-Mecklenburg Crowns of Enterprise Awards Ceremony taking place on Thursday, May 12, 2022.

Learn more here.

LinkedIn is Rightfully Tackling an Archaic Stigma

With the demand for labor at historically high levels and workers continuing to quit their jobs at historic rates to take advantage of that demand, there has never been a better time for employers to break free of archaic rules of hiring.

For a reason that has never made sense to us, employers have traditionally scoffed at job candidates with breaks in their employment. In fact, two of our senior female leaders, Patti Weber (CEO) and Grace Lynch (Senior Manager, Business Operations), have taken breaks during their impressive careers to raise children.

We applaud LinkedIn’s news this week that it is rolling out a new feature called “Career Breaks” to all LinkedIn users allowing professionals to provide more context around breaks in employment.

Learn more about the LinkedIn Career Breaks feature here.

12 3 4 Next ›Last »