Coworking office spaces represent a fundamental shift in the way people work, and the coworking industry is disrupting the commercial real estate industry in a very BIG way. The future of work is a huge topic of discussion every week at Croixstone, and the shift in how people work is what incentivized us to relocate our offices from our business loft in South End to Industrious in Uptown Charlotte nearly one year ago. Learn why companies like Spotify, Lyft, Hyatt and Chipotle have joined Croixstone in calling Industrious home across the United States. Click 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
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.
- Learn how generative design and additive manufacturing (i.e., 3-D printing) is changing the manufacturing world here.
- Check out how generative design could radically transform the look of our world here.
- Delve into a new world of highly efficient products made by generative design here.
- Take a sneak peak into the first large-scale generative designed office here.
Back in 2001, seventeen people at The Lodge at Snowbird met to talk, ski, and relax, and what emerged was the Agile ‘Software Development’ Manifesto. Those seventeen individuals may not have predicted that the agile methodology would now go well beyond IT and impact all areas of business.
As agile becomes more and more popular, business teams across a broad range of industries and functions are continuing to adopt an agile approach as a wide-ranging global business strategy. And, big businesses aren’t the only places where agile is flourishing. Small businesses and startups are also benefiting from embracing agile strategies and mindsets.
- Learn about the secret history of agile innovation here.
- Read how to make agile work for the C-suite here.