Bullish on Texas: Reflections from Pearson Partners’ Spotlight Series Breakfast
June 26, 2025
By W. Patrick Norwood

At Pearson Partners International’s latest Spotlight Series Breakfast, held on June 10 at the Park City Club in Dallas, business leaders, legal experts, academics, and public affairs professionals came together to discuss “Strategic Agility: Insights for Texas Business in a Shifting Landscape.” Despite a backdrop of global uncertainty and regulatory change, the tone of the morning was overwhelmingly optimistic about Texas’ economic future.

With an impressive panel that included Anna Alvarado-Pearce of Texas Capital Bank, technology board leader Bets Lillo, Energy Transfer’s Grant Ruckel, and UT Dallas professor Dr. Ramesh Subramoniam, the event underscored Texas’ resilience and the state’s emerging role as a national leader in innovation, policy, and industry.

A Future Worth Betting On

The panel’s confidence was not just anecdotal, it was backed by compelling data. One standout figure cited during the discussion was that a recent survey of 800 CEOs revealed that 85% hold a positive outlook on the future of business in Texas. Panelists agreed that Texas’ “bias for action” continues to be a competitive advantage, enabling the state to move quickly and decisively in both policy and business.

This momentum is fueled by a pro-business climate, favorable tax structures, and a cultural embrace of entrepreneurship. Anna Alvarado-Pearce highlighted the growing synergy between legal, financial, and corporate governance sectors in supporting this forward motion. Her remarks reflected the increasing professionalism and institutional sophistication that is underpinning Texas’ growth.

Learning from Supply Chain Chaos

One recurring theme was how COVID-era disruptions forced businesses to reevaluate traditional strategies, particularly in supply chain management. Dr. Ramesh Subramoniam emphasized that today’s operational resilience means looking not just at sourcing the product, but also sourcing the packaging and logistics infrastructure. “The pandemic forced us to think more broadly [about supply chain].”         

Even in the face of geopolitical headwinds such as enduring tariffs, Dr. Subramoniam was unfazed. “This isn’t new,” he noted, “we’ve been through worse times before.” The key is strategic foresight and adaptability. His insights reflected a broader confidence that Texas industries, particularly manufacturing and tech, are well-positioned to navigate complexity without compromising growth.

AI, Data, and the Digital Future

Technology was another hot topic, with Bets Lillo calling attention to how rapidly artificial intelligence is reshaping both strategy and operations. The panelists emphasized that businesses not only need to adopt AI, but they also need to train leadership to leverage it responsibly and strategically. In fact, through the Q&A Session, they were asked about the risk, and surprisingly, they seemed to believe the risk was not using it and/or being prepared for it. Dr. Subramoniam talked about how he has allowed for particular use of AI on university assignments and continues to work on allowing students to leverage it for initial work, or background research. He also explained his positive, personal perspectives on evolution of implementation of technology (namely from Cabs to Uber to Waymo).

Though not directly discussed at the event, Texas is already making headlines in digital infrastructure. A recent announcement by CoStar revealed that the nation’s first Stargate Data Center in West Texas is already expanding, driven by surging demand for AI and cloud computing capacity. This move further cements Texas’ growing reputation as a technology and innovation hub.

Institutional Maturity: Courts and Capital Markets

Two major institutional developments also garnered attention: the upcoming Texas Stock Exchange and the long-gestating Texas Business Court. The new stock exchange, aimed at competing with entrenched financial centers, reflects a growing desire for Texas-based companies to list and operate closer to home. Meanwhile, the Texas Business Court represents a leap forward in providing efficient, specialized legal infrastructure for complex commercial disputes – an essential ingredient in attracting enterprise-scale business.

Grant Ruckel emphasized the development of the legislation itself for the courts and the business judgment rule being honed over several drafts to get it right. That time in the oven is a boon, not a burden to our state development as a leader in all things business. You can read more about Shields Legal’s Texas Business Court coverage from Bayley S. Clark here.

Final Thoughts

Pearson Partners’ Spotlight Series Breakfast served as a powerful reminder that, while challenges persist, the Lone Star State continues to blaze its own trail with agility and ambition. The panelists’ blend of data, expertise, and confidence made one thing clear: Texas is not just weathering the storm, it is setting the course for what comes next. As the event adjourned and executives exchanged ideas over coffee, the energy in the room mirrored the message from the stage: Texas has the momentum, the leadership, and the infrastructure to turn today’s uncertainty into tomorrow’s advantage.


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