Sustaining Profits: The Environment and Its Challenges Are Driving Business Success

by RaeAnne Marsh

From an overabundance of sun to an underabundance of water, the natural environment has become the elephant in the room for the business community. But many see it as big opportunity. “Like many regions in the Southwest, Greater Phoenix is addressing environmental issues from water and drought to urban heat,” says Chris Camacho, president and CEO of Greater Phoenix Economic … [More]

Biased?

by Joanna C. de’Shay, MAOM, M.F.A.

Please don’t ask to touch a person of color’s hair, say they speak well or ask where they are really from and other harmful and egregious implicit bias acts. It’s the same early morning grind that most Americans participate in on a weekday morning, the dreaded coffee run! Not glamorous or exciting, it becomes a necessary part of kicking the day off right, says every coffee … [More]

Strunk Insurance Group – A Legacy of Giving

by Tyler Butler

Arizona loves its home-grown businesses. Many of them reciprocate this sentiment by giving back to society. For 40 years, the Strunk Insurance Group has served as one of these strong local leaders. Family-owned and -operated, SIG has a commitment to contribute and serve. The insurance company was founded in 1982 by Greg Strunk, a former Big 10 and NFL Football player with a … [More]

Disruption and Continuity – Preparing the Business Response

by Diane Thomas

Business continuity planning is an essential piece of business planning. Continuity plans are created to ensure that the company is capable of continuing delivery of products or services at pre-defined acceptable levels following a “disruptive incident or circumstance.”  A disruptive incident or circumstance includes a wide range of potential threats to a company — natural … [More]

Tough Talks – How to Have Difficult Conversations with Employees

by Dr. Tricia Groff

One of my clients, a business owner, reached out to me and said, “How do I tell this person that they need to keep their personal stressors from impacting everyone at work without sounding like a jerk?” The situations may change, from telling employees they are underperforming to telling them their attitude is alienating everyone around them to telling them they are being … [More]

Joy E. Seitz, American Solar & Roofing

from Joy E. Seitz

Is it business vs. Mother Nature? The better question is, “What are the new pathways to economic success?” Turns out, Mother Nature offers an abundance of opportunities for businesses innovative enough to recognize appropriate prospects. For example, as a national leader in solar power, Arizona has the potential to become one of the country’s largest exporters of clean, … [More]

Feedback: August 2022

by Sherri Barry, Dr. Tricia Loscher, Jack Nagy

Question: What results have you realized from environmental sustainability measures you’ve put in place?  Sherri Barry Owner and CEO Arizona Fashion Source, LLC DBA The Fashioneer Sector: Fashion The Fashioneer was created as a sustainable, technology-driven alternative to traditional apparel manufacturing. This alternative allows fashion brands to create fashion in way … [More]

Virtual Assistants Are Changing the Remote Worker Landscape 

by Randall Averitte

As more companies move away from physical workplaces to embrace hybrid to fully remote structures, the demand for virtual assistance is increasingly on the rise. In fact, Gartner predicts that by 2025, 50% of knowledge workers will be employing virtual assistants on a daily basis. Virtual assistants are independent contractors who offer a vast number of services to … [More]

Fennemore Continues Its Western Expansion 

by James Goodnow

Fennemore is continuing its strategic Western expansion, combining with the San Francisco Bay Area’s Wendel Rosen LLP. The tie-up puts Fennemore on track to crack the Am Law 200 list, a ranking of the 200 top-grossing U.S. law firms, in 2022. The combination, which became effective July 1, will create a firm with approximately $140 million in annualized gross revenue.  In … [More]

Two New Restaurants Coming to Downtown Mesa as the City’s Revitalization Continues 

by Mike Hunter

As Arizona’s third-largest city, Mesa is known for its charm, diversity and affordable high standard of living. Downtown Mesa has experienced a renaissance with the introduction of light rail service, redevelopment of its historic core, and the new Arizona State University Campus at Mesa City Center.  Located within a federal qualified opportunity zone, Downtown Mesa has … [More]

Looking Good 2022 – August Standouts

  Philanthropy Taylor Morrison Helps Provide Essential Needs Babbo’s Day of Giving Raises $105,634  Arizona Federal Focuses Philanthropy Hyper-Locally TruWest Donates Supplies-Filled Backpacks  Larry H. Miller Dealerships Support Food Banks … [More]

Taylor Morrison Helps Provide Essential Needs

by Mike Hunter

Locally based homebuilder Taylor Morrison and HomeAid’s Phoenix division joined forces earlier this year in a charity drive called “Seats & Feet” to collect sock and underwear donations benefitting neighbors in need — essential and high-need yet least donated items for those experiencing homelessness. Taylor Morrison’s Phoenix office donated 1,000 total pairs of socks and … [More]

Babbo’s Day of Giving Raises $105,634 

by Mike Hunter

Babbo Italian Eatery celebrated its 20th anniversary on April 7 with the grand opening of its Goodyear location and a Day of Giving to benefit the Seena Magowitz Foundation, a nonprofit committed to the awareness, prevention, and cure of pancreatic cancer. All Babbo locations donated 100% of that day’s profits, and funds were matched by the local family-owned business as well … [More]

Arizona Federal Focuses Philanthropy Hyper-Locally

by Mike Hunter

Nine nonprofits received grants recently from Arizona Federal Credit Union through the hyper-locally focused Local Causes Visa Debit Card program it launched in 2020. Unlike the other rounds of funding, representatives from Arizona Credit Union’s employee resource groups participated in the selection of the Local Causes recipients, allowing employees the chance to participate … [More]

TruWest Donates Supplies-Filled Backpacks 

by Mike Hunter

TruWest Credit Union continues to be a dedicated partner in education through the support of K-12 schools and universities throughout the local community. As part of its recent annual school supply backpack drive, TruWest employees delivered 96 backpacks filled with supplies to students at Galveston Elementary School in Chandler, Arizona. Additionally, 30 laptops were donated … [More]

Larry H. Miller Dealerships Support Food Banks

by Mike Hunter

With the price of groceries soaring, local food banks are feeling the strain, and anticipate back to school expenses next month being especially difficult on families who are already stretched financially. In response, Larry H. Miller Dealerships has kicked off its second annual month-long “Food Fuels Learning” campaign, to support the after school and weekend food programs at … [More]

CFOs Share Globalization Plans and Concerns

by Globalization Partners

Among CFOs, there is near universal agreement that the ability to capture market share through global expansion is a hot button for their industry and their stakeholders. However, mounting concerns over rising wages, talent and international affairs are causing companies to rethink their globalization strategies. According to data drawn from the fourth annual CFO survey … [More]

Why Do Many Startups/Businesses Fail Quickly?

by Jack Diehl

Across the country, many people are leaving their jobs and starting their own businesses. People may want to start their own business to follow their passion, have control over their lifestyle and schedule and pursue financial independence. However, according to Entrepreneur.com (“The True Failure Rate of Small Businesses”; January 3, 2021), the failure rate of small businesses … [More]

Speed-to-Market Design

by Christina Johnson

We are in a rather unique time for multifamily real estate. The high costs of materials and shipping, as well as supply delays make building from the ground up riskier than it would be under more predictable conditions. Current investment rates, cap rate compression and inflation also are key factors in assessing the risk level for multifamily investors. However, high demand … [More]

Surprise Power Center Development Powers over Challenges 

by Joshua Simon

Village at Prasada, the 700,000-square-foot retail power center developed by SimonCRE for residents of Surprise, Arizona, has proven to be a massive undertaking that has continued to move forward in the face of mounting supply-chain and labor issues. This will be the West Coast’s first power center constructed in more than a decade; currently, residents need to travel an … [More]

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