Doug Fulton, Fulton Homes

Phoenix Pioneering

from Doug Fulton

Many industry shake-ups are being pioneered here in our local business community. It’s happening in a range of businesses from entertainment to professional services to retail.

There’s no doubt about it, Arizona is red hot right now when it comes to business and population growth. The business-friendly climate and the still relatively inexpensive cost of living are two of the main factors. Arizona has also done a great job of rebounding from the last downturn by diversifying the business climate. Instead of real estate driving the entire economy, we now have a lot more jobs in fields like technology, medical and finance. For this reason, it’s great to be a homebuilder and we consider ourselves very lucky to be in the position we are in. Families from all over the country are looking to relocate to the Valley and this market continues to create the quality jobs to make that a reality. We’re looking forward to a very strong 2020.

For this issue’s cover story, In Business Magazine reached out to us and to other select businesses from a cross-section of our community. Technological breakthroughs from one local company may impact global sustainability; other businesses bring it down to the personal level of how we live — and enjoy — our lives. In Business Magazine editor RaeAnne Marsh shares the stories of their successes.

In “Corporate Culture and Employee Retention,“ Ofir Paldi examines employee unrest and turnover from the standpoint of return on investment, and considers how to evaluate the question of how much time it takes a person to become truly adept in their job.

Lobbying has, for many, come to have its own polarizing image issue. Rana Lashgari, in “What Business Owners Should Know about Lobbying,” discusses the many areas where such expertise can make a significant difference to the operations of many a different kind of business.

And debuting a semi-regular feature on conscious capitalism that she spotlights as corporate citizenship, Tyler Butler explores the myriad ways that businesses give back and the positive ways that these programs are impacting our community.

Among many other subjects presented in this issue are tips to identify a dysfunctional corporate culture, how a distressed organization may effect a turnaround, the impact of coworking spaces on commercial real estate, business changes under Arizona’s new LLC Act, and the rating of Arizona businesses on creating LGBTQ-inclusive workplaces.

With the diversity of topics that is its signature format, In Business Magazine continues to focus on being a resource to help strengthen and grow business in the major metropolitan area of Greater Phoenix.

In August 2007, Doug Fulton was named CEO of Fulton Homes, the company his father, Ira A. Fulton, founded in 1975. Before becoming CEO, Doug Fulton was president of Fulton Homes Sales Corp. Fulton contributes to the local community through many causes-based campaigns that are designed to create awareness about issues that affect the everyday lives of people in the Phoenix area. The Fulton family has made generous donations to higher education, including Arizona State University.

 

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