Keeping Up With Digital Transformation

Digital transformation has by now made its way to nearly all industries, and therefore, it comes up in Croixstone’s conversations almost daily. Why is digital transformation so important? Quite simply, if organizations don’t modernize and become fully digitalized then they will be left behind and the threat of disruption becomes very real. With companies investing millions to digitalize their businesses, they are hoping for outcomes that will increase revenue, reduce cost, create more products and services, improve customer satisfaction, enhance differentiation, and ultimately mitigate the risk of digital disruption.

Regardless of your area of expertise, digital transformation will impact everyone. Companies are looking for change drivers to help them weed through the digital transformation myths, create a culture that makes data-based decisions, and sift through an avalanche of digital initiatives to reshape their organizations.

Read about a new practical guide to a successful digital transformation here.

Learn some insights into helping your C-suite understand digital transformation here.

See how three companies are thriving with digital transformation here.

What’s Happening in the Financial Services Sector?

Those of us who live in the Queen City know that Charlotte is the third-largest banking center behind New York City and San Francisco.  According to S&P Global Market Intelligence, the Charlotte region is home to 16 banking institutions with $2.27 trillion in total assets.  So, what’s happening in the USA’s financial services sector overall?

Learn about the future of Financial Services here.

How are tech trends and FinTech affecting the Financial Services industry?  Learn how here.

Are technology firms the next Financial Services providers?  Let’s see what Forbes thinks here.

Finally, learn about the third way of innovation (AI and machine learning) in Financial Services here.

The Growth of Coworking

The Queen City is continuing to see the growth of coworking space.  The coworking concept, paying for access to private and shared workspace, was initially fueled by the rise in mobile technology and the gig economy.  More recently, the coworking trend expanded in the corporate and commercial real estate market, with more than one million people worldwide expected to be working in coworking spaces by the end of 2017.

Coworking spaces come in all shapes and sizes and represent the antithesis of yesterday’s corporate offices.  With an estimated 14,000 spaces around the world, the spaces are shared by corporate teams, small businesses, tech workers, creatives, entrepreneurs, and more who are looking for the flexibility to be able to expand and add office space as they grow.

Learn more about the coworking trend below:

Ideas Worth Spreading…TEDxCharlotte

With TEDxCharlotte taking place in little over 2 months on October 13th, this is a great time to listen to a TED Talk.  TED began in 1984 as a conference resulting from Richard Saul Wurman‘s observation of the convergence among three fields: Technology, Entertainment and Design. Today TED Conferences, TED Talks, TEDx events, TED-ED and many other variations of TED continue to share “ideas worth spreading” (the TED mission).

Learn about the history of TED through a Q&A with Chris Anderson, the Curator of TED, here.

Below are two of our favorite TED Talks:

Gaining the Competitive Edge Through Digitized Supply Chain

Just like everywhere else, digital transformation has impacted the optimization of supply chain efficiency.  Advances include crewless ship operations, new warehouse automation breakthroughs with robots, development of autonomous-vehicle supply chains, advancements in 3D printing, and the emerging role of blockchain.

Learn more about how a digitized supply chain can give you a competitive edge here.

Demystify 3D printing and its disruption in industry here.

Your roadmap to a digital supply chain is here.

WBTV’s Maureen O’Boyle Visits the Croixstone Loft

The Croixstone team enjoyed welcoming WBTV’s Maureen O’Boyle (Anchor/Reporter) to our loft today.  We enjoyed working with Maureen for a photo and video session to promote PurpleStride Charlotte 2017…the walk/run to end pancreatic cancer hosted by the Charlotte Affiliate of the Pancreatic Cancer Action Network (PanCAN) on September 9.

Croixstone’s Founder and Managing Partner, Mark Weber, serves as a volunteer Media Relations Chair for PanCAN.  Patti Weber, Croixstone’s Chief Experience Officer, volunteers as Teams Ambassador for PurpleStride Charlotte.

Virtual Reality (VR) + Business

Last week, MacRumors reported Apple’s purchase of SensoMotoric Instruments which could be a major step toward making virtual reality (VR) mainstream.

At Croixstone Consulting, we understand that the potential implementations of VR in business are too numerous to count. Currently, VR is being used to give virtual tours of entire business environments and to provide training to new employees (especially where it involves equipment). At Stanford Health Care, doctors are using VR technology as a sophisticated visual tool during brain surgery and to train future neurosurgeons. VR can also provide 360 views of products and a more cost-effective way of developing product prototypes to detect design based issues at an earlier stage, issues that can lead to subsequent problems down the road.

Learn more about what VR is here.

See more on how VR can transform a host of industries—and business operations here.

For WSJ subscribers, check out: Virtual Reality Finally Catches On – With Businesses

Is Blockchain Technology the New Internet?

Blockchain here.  Blockchain there.  Blockchain Blockchain everywhere. 

It’s rare for the Croixstone Consulting team to go a day without running into a conversation about Blockchain.  And for good reason…many believe that Blockchain technology has the transformative powers to be the “new internet”.

Learn more about Blockchain from the folks at Blockgeeks – where the world’s brightest Blockchain advocates go to discuss and share trends and opportunities in the world of Blockchain.  Click here.

 

Global Running Day and PurpleStride Charlotte

Today is Global Running Day…a great day for you to make plans to join the Croixstone Consulting team at PurpleStride Charlotte 2017 hosted by the Charlotte Affiliate of the Pancreatic Cancer Action Network on Saturday, September 9. Croixstone is a proud gold sponsor of Purplestride…the walk to end pancreatic cancer.

Pancreatic cancer is the world’s toughest cancer with a five-year survival rate of just 9 percent in the United States. It is the third leading cause of cancer-death in the USA and demands urgent action to save lives.  Mark Weber, Croixstone’s founder and Managing Partner, lost his mother to this deadly disease in 2012 and serves as the Media Relations Chair (volunteer role) for the Charlotte Affiliate of the Pancreatic Cancer Action Network.  Patti Weber, Croixstone’s Chief Experience Officer, lost her  father to pancreatic cancer in 2005 and volunteers as Teams Ambassador for the Charlotte Affiliate’s annual PurpleStride event.

Learn more about the Pancreatic Cancer Action Network here.

Visit PurpleStride Charlotte on the web here.

Make a donation or join the Croixstone Crew PurpleStride Team here.

WHO WE ARE

Croixstone is an Inc. 5000 boutique consulting firm known for connecting the brightest minds in business and community. We drive business outcomes by accelerating and sustaining transformations.

Croixstone is nationally-certified by the Women's Business Enterprise National Council (WBENC) as a Women's Business Enterprise (WBE) and a Women-Owned Small Business (WOSB).

CONTACT

101 South Tryon Street, Suite 2700
Charlotte, NC  28280

Phone:  704.478.6040

info@croixstone.consulting

       
 

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