Our Industrial Market Is Booming!

by RaeAnne Marsh

“We are seeing an industrial technologies renaissance, led by semiconductor companies like Taiwan Semiconductor Manufacturing Company building a massive campus in north Phoenix and Intel expanding with Fab 52 and Fab 62 in the southeast Valley that are driving a whole ecosystem of investment,” says Chris Camacho, president and CEO of Greater Phoenix Economic Council. He notes … [More]

Our Bioscience Economy

by RaeAnne Marsh

“If you look at Phoenix of old — if the pandemic had happened in the Phoenix of old — we’d have immediately launched into a recession, like a lot of other top markets have launched into a quasi-recession. But because Phoenix is so diversified in so many industries, the city manager announced last week we have a $76-million surplus this year. Not in a recession. We are moving … [More]

The Ripple Effect: How Nonprofits Build Our Economy

by RaeAnne Marsh

“Based on Arizona and U.S. national statistics on impact of the nonprofit sector, it’s very clear that it is an economic driver in terms of workforce development generating economic potential,” says Richard Tollefson, founder and president of The Phoenix Philanthropy Group. In fact, David Martinez III, director of community engagement at Vitalyst Health Foundation, calls it … [More]

Workplace Progress: Who is stepping up diversity? 

by RaeAnne Marsh

Interest in diversity, equity and inclusion is arguably a universal in business these days. But there is no universal one-size-fits-all DEI program.Businesses may be tempted to apply to their own operations programs they’ve seen be effective in other organizations. But, as Joel (JP) Martin, Ph.D., emphasizes, “Each program is organic.” Speaking from her two decades’ experience … [More]

Employers, Employees and the ‘Great Resignation’

by RaeAnne Marsh

“When you identify a statistical trend large enough to garner its own label like the ‘Great Resignation,’ it is likely that there is more than one contributing factor,” says Eric M. Bailey, president of Phoenix-based business consulting firm Bailey Strategic Innovation Group, pointing out that we are approximately two years into a global health crisis that has caused tremendous … [More]

21 Top Leaders Who Are Making a Real Difference!

by Mike Hunter

Each year, we interview some of the Valley’s top leaders to give our readership some insight into what they see in the coming year for business. This year, we asked some hard-hitting questions of 21 top leaders who are truly entrenched in building our economy, developing policy, managing people and growing business through innovations that have demonstrated a real positive … [More]

Is Every Company a Tech Company?

by RaeAnne Marsh

Technology is indisputably an economic driver as a sector. Is it also a driver of successful growth in other sectors? “The technology industry is critical to economic growth in any community today because it not only produces high-wage jobs, but also supports many other industries,” says Eric Miller, principal and co-owner of Phoenix Analysis & Design Technologies and … [More]

Mental Health & the Workplace 

by RaeAnne Marsh

“Aside from a worker shortage, arguably the most significant issue facing employers is mental health,” says Peggy Chase, president and CEO of Terros Health. This reality has forced into the open a topic once too stigmatized to be spoken about. Arizona ranks 47th in the U.S. for access to mental health care, according to Sandra Zebrowski, M.D., corporate medical director of … [More]

Leadership & Achievement: Celebrating 2021 Women of Achievement

by RaeAnne Marsh

Women are in more prominent leadership roles than ever before, with the first woman in the White House as an elected officer — Vice President of the United States. The strengths they bring to the business world are proven in studies of businesses’ success in all segments of the economy. With such women in our community often eschewing the spotlight for themselves to, rather, … [More]

Coming Back: How Marketing Will Build (Back) Business after COVID

by RaeAnne Marsh

The term “new normal” is bandied about quite a bit these days. And, indeed, the consensus seems to be that consumers’ relationship with companies they turn to for goods, services and information has evolved in new directions from what was understood and accepted as recently as January of last year.Some businesses, we know, have done exceedingly well over the past year with new … [More]

Greater Expectations: New Economic Opportunity in Arizona 

by RaeAnne Marsh

There is tremendous opportunity in Greater Phoenix to grow business and continue diversifying our economic and employment base that will bring opportunity for our residents and move our innovation-centered economy forward. Supporting this assessment, Chris Camacho, president and CEO of Greater Phoenix Economic Council, says, “To meet the increasing demand, buildings continue to … [More]

Fun Is Our Business: 10 Companies Tell What It Took to Survive in a Year That’s Been Anything but Fun!

by RaeAnne Marsh

Over the past year — more than a year! — we’ve learned how much we owe to the “essential workers” who ensure we have the goods and services to keep ourselves alive. With light beginning to shine at the end of a long and lonely tunnel, we can begin to feed our souls with another component that has had to take second seat: fun. Going to the movies, to the ballgame, to a fine … [More]

CRE: What’s the Big Picture?

by RaeAnne Marsh

Interest in Metro Phoenix’s commercial real estate industry spans not only all its segments but naturally draws in most of the rest of the business community as companies need space for their operations. Perspective on the state of the market and its future varies by the angle from which involvement stems, and In Business Magazine explores those viewpoints of investors, whose … [More]

Health & Your People

by RaeAnne Marsh

“The COVID pandemic has turned the healthcare industry upside down," says Brian Riveland, M.D., Arizona medical director at Devoted Health. That’s true of every aspect of life as we’ve experienced it, of course. In healthcare, delivery has had to rapidly adapt and change to meet the needs of patients with disparate income levels, social circumstances, and a wide range of … [More]

Stimulus: What Is the REAL Impact?

by RaeAnne Marsh

Between the U.S. Small Business Administration’s Paycheck Protection Program and its Economic Injury Disaster Loan & Advance Programs, a total of $13.18 billion in federal financial support has flowed into our state to help small businesses during the pandemic, according to the Arizona Commerce Authority. “Just over 96,000 Arizona PPP loans have been approved in all rounds … [More]

Making Sense of It All: Business, the Law and COVID-19

by RaeAnne Marsh

The observation of Jennings, Strouss & Salmon attorney Otto Shill, “The primary concern of business owners today is to keep their respective businesses viable,” can hardly be disputed. Most business owners are adapting to current market circumstances that may be limiting or altering the way they interact with their customers. In addition, many businesses are facing … [More]

Diversity, Equity and Inclusion: The Time Is Now

by RaeAnne Marsh

Businesses may try to operate from the stance that the growing awareness of bias — racial, ethnic, cultural, sexual or other discrimination — is a social issue outside the world of their internal actions. Some businesses, however, are already operating from a heightened awareness of responsibility internally, to their workforce, as well as externally, to the society they are … [More]

13 Top Valley Leaders on 2021! Where do we go from here?

by RaeAnne Marsh

With the new year just on the horizon and the economy still on quicksand waiting for the political dust to settle, businesses are preparing their budgets and plans for 2021. Although we are, in many ways, still in unprecedented times, experience remains the “crystal ball” that savvy business leaders rely on to adapt their strategies and guide their businesses. In Business … [More]

As Business Changes, So Will Our Healthcare

by RaeAnne Marsh

Only a few years ago, the big issue regarding healthcare was how much responsibility an employer should or could take for his or her employees. Insofar as its economic impact registered, the focus was on small-business owners. The current pandemic has pushed healthcare issues into broader debate: impact on and responsibility of the individual; impact on and responsibility of … [More]

Pandemic Emphasizes Importance of Employee Wellness Programs

by Brian Elisco

Employers know that healthy employees are a company’s best ambassadors in the community. Whether a business is large or small, a strong employee wellness and safety program is paramount to a productive work force. At Abrazo Health, we’ve always had a comprehensive benefits program that supported employee wellness, and have offered resources for crisis support for individuals … [More]

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