How to Track and Update Assets during a Rebrand

by Brian Bekins

Your brand is more important than ever, especially for an organization seeking to be recognized over an expanding number of marketing platforms and sales channels. Shifts in the market, mergers and acquisitions, and other company changes also drive brand updates. It’s why 75 percent of companies have undergone a rebrand since 2020. The reasons why a company may choose to … [More]

What Are Some Benefits of Executive Coaching?

by John Waters

When it comes to starting a business or leading an existing one those at the top are under a lot of stress to perform. Many business leaders turn to executive coaches to help them undertake the daily tasks of leading and growing a company. Executives are looking for help with leadership, dealing with change, stress and many other issues. This is where hiring an executive coach … [More]

How a Quick Assessment Can Propel Your Company’s Growth and Success

by Matt Blanton, Nick Scarabosio and Corwin Smith

In today’s rapidly evolving business landscape, staying ahead of the curve is beyond important and crucial for long-term success. As a business owner or entrepreneur, you understand the importance of consistent improvement and growth. By performing a business analysis, you organize your strategy and strengthen your ability to achieve your overarching goals. There are many … [More]

Cybersecurity Training for Employees Is the Most Popular IT Investment among U.S. Companies, Says Survey

inbusinessPHX.com

Cybersecurity training for employees, as well as the purchase of cybersecurity solutions/services (61% each), are the most popular IT investments among US businesses this year, according to the newest research by NordLayer, a network security solution for businesses. The majority of US companies (67%) have in-house cybersecurity specialists to take care of that, while 24% … [More]

Compensation Eases in June; Finding Qualified Workers Remains a Challenge for Small Businesses

inbusinessPHX.com

Seasonally adjusted, a net 36% of owners reported raising compensation in June, down five points from May and the lowest since May 2021. A net 22% of owners plan to raise compensation in the next three months, according to NFIB’s monthly jobs report. “The labor force participation rate remains below pre-COVID levels, which is contributing to the tight labor market … [More]

Commercial Chapter 11 Filings Increased 68% in the First Half of 2023

inbusinessPHX.com

The 2,973 total commercial Chapter 11 bankruptcies filed during the first six months of 2023 represented a 68 percent increase over the 1,766 filed during the same period in 2022, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data. Individual Chapter 13 filings increased by 23 percent during the same period. Overall commercial … [More]

Gather, GROW and Refill Your Team’s Energy Tank with These Four Steps

by Laurie Guest

There’s never a perfect time to pause your day-to-day work and focus on the internal team, but when you do make the effort, the dividends are immediate. Setting aside an hour, a half-day, a two-day retreat or anything you can manage as a team will provide the opportunity to gather together, grow as a team and refill your collective energy tank in order to bust out of service … [More]

The Hidden Costs of Hiring

by Aubrey Stark

Hiring a new employee is an essential but costly process for any business. Beyond the initial salary negotiations and contract signings, there are numerous hidden expenses that can significantly impact a company's resources and time. According to a report by the Society for Human Resource Management (SHRM), the average cost per hire in 2022 was $4,700. This figure, however, … [More]

An Ugly Firing Isn’t Inevitable: How to Turn Things around with a Problem Employee … Starting Now

by Gary Harpst

The warning signs are all there. Your employee (let’s call him Jeremiah) is calling in “sick” a lot more than seems plausible. He’s missing performance goals. Even worse, more than one customer has complained about his attitude. To your dismay — because letting someone go is one of the most painful tasks a leader ever must do — it’s starting to look like an ugly firing is … [More]

Housing Market Slowdown Across U.S. Starting to Affect Upscale and Western Markets More Than Others

inbusinessPHX.com

ATTOM, a leading curator of land, property, and real estate data, today released a Special Housing Impact Report spotlighting how the recent downturn in the U.S. housing market is starting to affect counties around the nation, based on key measures from the first quarter of 2023. The report shows that the Western region and other more-upscale areas around the country are … [More]

How to Build Resilience Instead of Chasing Zero Errors

by Jake Mazulewicz, Ph.D.

Wildland firefighters. Air traffic controllers. Flight deck crews of Navy aircraft carriers. Operators of nuclear power plants and the national bulk electric grid. These are among the safest and most reliable work teams in the world. And they don’t try to eliminate all errors and surprises. Decades of experience have shown that the crusade to eliminate every error is both … [More]

Bridging the Cloud Skills Gap: Six Recommendations for Employers

by Susanne Tedrick

Roads are likely to buckle and fail if they cannot handle a growing number of motorists. In online terms, more and more remote IT workers, fueled by the global pandemic, are finding they lack in-house skills to handle more than half (60%) of their current operational tasks. Even more important, this deficiency is making it difficult for employers to build and maintain resilient … [More]

Amplify Business Value by Amping Up Your Brand

by Jane Cavalier

Branding is not what you may think. When executives consider branding, especially those with strong financial experience and limited marketing exposure (a classic CFO), they often see an expense with questionable ROI. They see a logo, tagline, website and marketing materials and equate those with the brand. While these are tools for delivering and building the brand, they are … [More]

Phoenix Is Tops in Manufacturing Leasing Activity for Emerging Markets, Says Report

inbusinessPHX.com

Over the past few years, industrial markets have grown dramatically. Several markets like Phoenix have emerged as growth markets, and they are becoming strategically important for operations, as well as attractive opportunities for industrial investors. Cushman & Wakefield recently examined national industrial leasing statistics from 2020-2022 to see which markets, outside … [More]

‘Vacation Just Isn’t Worth It’ If Your Employees Are Saying (or Thinking) This; Here’s What to Do

inbusinessPHX.com

Vacations really matter. They reduce stress; help prevent burnout; and keep people healthier, happier, more motivated—and yes—more productive. Research on the positive health benefits and increased performance from regular paid time off (PTO) practices is indisputable. What this means for leaders is clear: Encouraging people to take their vacations isn’t only in their best … [More]

Arizona Is 10th ‘Most Improved’ State for Retirees, Says Study

inbusinessPHX.com

Seemingly vying to appeal to the highest number of retiring individuals, each passing year presents a fresh ranking of the most desirable states for retirees. Recently, however, the landscape has fluctuated, with states gaining or losing allure based on various criteria including quality of life, affordable housing, reasonable healthcare costs, safety, and low … [More]

Renters Show Increased Interest for the Valley at the Beginning of the Rental Season

inbusinessPHX.com

The Rental Activity Report is a comprehensive top of the 150 U.S. largest cities ranked based on the behavior of renters’ themselves. The millions of interactions on RentCafe.com do just that, providing data of their intent to move, which we compile in a monthly report.  In June, Chandler and Glendale are the rental hotspots in Arizona, but, in fact, most large cities caught … [More]

Their Take: Arizona’s Water Future Depends on New Water Supplies

inbusinessPHX.com

None of us has a crystal ball, but we can be certain that our water future will require a variety of adaptive changes. We must adjust to reduced availability of Colorado River water and adjust to enhanced regulation of groundwater uses.  This regulation will come in various forms.  For the first time in decades, additional groundwater basins have been designated for … [More]

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