In September of 2020, the Big Four accounting firms announced a new reporting framework for environmental, social, and governance (ESG) standards. The announcement captured attention because it marked a joint initiative between the four largest accounting firms, which is not an everyday occurrence. When the World Economic Forum’s International Business Council (IBC) championed this reporting […]Read More
A conversation with Maher Maso, former mayor of the City of Frisco, on what goes into corporate relocation decisions—and why so many companies choose the Lone Star State. COVID-19 slowed down many aspects of the economy—but not the corporate exodus to Texas. For years, companies big and small have decided to make a new home […]Read More
One of the most visible signs of the COVID-19 recession has been the massive harm to restaurants and bars. We see it as we drive around town: Restaurants are closed, doing curbside service only, or have radically altered their layout to make their spaces safer. We can also see the harm to restaurants in the […]Read More
If 2020 has taught us anything, it’s to expect the unexpected. But even when the unexpected occurs, there are actions business leaders can take to help mitigate the impact and successfully navigate through a crisis. Whether you have a crisis plan in place or need to develop one, there are several best practices and resources […]Read More
Harry Truman famously said he wanted a one-handed economist—one who wouldn’t constantly alternate between “on one hand . . .” and “on the other hand . . .”. It is certainly true that we economists are a group that is very insistent on weighing both costs and benefits of any particular decision. In our field, […]Read More
On Monday, April 20, 2020, the world watched the price of a barrel of oil drop below $0 for the first time ever. In fact, prices reached a staggering $-37 per barrel, sending shockwaves through an economy that was already hurting due to COVID-19. Currently, the oil and gas industry is still struggling to find […]Read More
In Texas and around the globe, CEOs are realizing the importance of agility in sustaining and growing their business. More than half acknowledge agility as the new currency of business, and also acknowledge that growth relies on the ability to challenge business norms. Despite this realization, just under half of CIOs feel that their organizations […]Read More
As businesses reopen across Texas, it is the responsibility of the employer to ensure that employees feel safe and confident about returning to the office. I currently serve as CEO of ZT Corporate, a private equity firm with a large and diverse portfolio, and I continue to work with my team on innovative ways to […]Read More
As Texas businesses reopen and begin the road to recovery, many leaders find themselves asking where to focus and how to reprioritize efforts in Q3 and Q4. For now, social distancing recommendations, health considerations, and decreased business travel have contributed to the “new normal” for many organizations, forcing many companies to quickly shift planning and […]Read More
The inevitable result of measures to “flatten the curve” and prevent a major spike in COVID-19 infections has been a strong shock to the economy. Many factors will determine the ultimate effects of the coronavirus on the economy, most of which are highly uncertain at present. The outcomes of reopening the economy and the capacity […]Read More
© 2020, Texas CEO Magazine All rights reserved.