We’ve heard enough about the ‘Great Resignation,’ which has people quitting their jobs right and left as they search for something better in their careers. Fortunately for Arizona, we now can shift the conversation to the ‘Great Opportunity.’
Arizona’s reputation for being ‘business-friendly’ has succeeded in keeping and attracting companies in exciting industries, from technology and security to health care and manufacturing.
In the summer of 2020, companies around the nation made public commitments to increase their focus on diversity, equity and inclusion. For some businesses, those declarations were indeed the dawn of a new day. For others, momentum has stalled. Regardless of where a company is on its DEI journey, experts say a new year brings an opportunity to ensure it’s on the right track.
José Luis Cruz Rivera, president of Northern Arizona University, has homed in on a workforce-development issue that’s challenging his new state. While scores of employers are expanding into Arizona and hiring workers, the state’s level of education attainment, which is the percentage of adults who complete education after high school, trails the national average.
For smart companies, short-term headaches over logistics and distribution are making way for strategic planning in the medium and long terms to avoid the disastrous bottlenecks in the supply chain. Logistics space in Tucson, as a major economic hub in what’s called the Arizona-Sonora super region, deserves a look as you figure out possible near-shoring and reshoring options.
Three Arizona companies made Inc. magazine’s inaugural Best-Led Companies in America list. The list highlights 250 companies throughout the U.S. with revenue between $50 million and $2 billion. Inc. and its editors used a proprietary algorithm to analyze each company’s management within four key areas: performance and value creation, market penetration and customer engagement, talent, and leadership team.
The holiday season is a time to reflect on the past year, identify what we are grateful for and look forward to the new year. For me, I am grateful for my family, my health, and the opportunity to participate in the Great American work experience. You see, I am one of the fortunate few Americans who are blind to be gainfully employed. National statistics indicate 70% of individuals who are blind or have significant disabilities are unemployed.
Being approached by another company who is interested in acquiring yours can be validating and exciting. It’s easy to immediately get swept away at the thought of the potential financial reward. For any company leader, it is essential to follow the appropriate steps when you’re approached with an acquisition opportunity.
Leading global technology solutions provider Avnet is teaming up with Digital Realty, the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, to equip companies and application providers to develop, launch, scale and/or enhance their video broadcast product offerings.
One of the Valley’s largest employers is the latest company to embrace a hybrid work model, at least for the foreseeable future. Chipmaker Intel Corp. (Nasdaq: INTC) announced this week it is now a “hybrid-first company,” meaning that it won’t be mandating that all employees be on-site every day. According to a statement from Chief People Officer Christy Pambianchi, 90% of its employees said in a workplace survey they preferred a hybrid workplace once sites reopen.