In the realm of talent acquisition, hiring and recruiting are two distinct processes that play a vital role in building a successful workforce. While both terms are often used interchangeably, understanding the differences between them can significantly impact a company's retention rates. Hiring is commonly associated with filling immediate vacancies and addressing … [More]
ASU-Designed Fiber-Reinforced Concrete Speeds Up Phoenix Rapid Transit Construction
Using fiber-reinforced concrete instead of rebar-supported slabs for constructing Metro Phoenix light rail extensions is giving new meaning to rapid transit. Months of construction time are being reduced to weeks, adding cost savings, sustainability and worker safety to the mix. A collaboration between Arizona State University, the Phoenix Valley Metro Regional … [More]
More Than 2 in 5 Home Sellers Are Making Concessions to Buyers, Nearly Double Last Year’s Share
Home sellers gave concessions to buyers in 42.9% of U.S. home sales during the three months ending April 30, up from 25.5% a year earlier, according to a new report from Redfin, the technology-powered real estate brokerage. That’s just shy of the 45.6% record-high hit in February. The share of home sellers providing concessions—which include things like money toward repairs, … [More]
Greater Clarity on Office Attendance Prompts More Companies to Revamp Office Portfolios
Companies are more proactive about office attendance than last year: 65% say they’re requiring in-office work at least some of the time, according to a new survey by CBRE of 207 companies with U.S. offices. This is more than double the respondents that required in-office attendance last year. Partly due to those proactive efforts, office attendance levels at 60% of surveyed … [More]
Phoenix Sky Harbor Reminds Memorial Day Travelers to Plan Ahead
The summer travel season begins with the upcoming Memorial Day weekend. As the number of people traveling continues to increase and people continue to focus on leisure travel, Phoenix Sky Harbor International Airport is expecting robust summer travel passenger volume. As the airport has seen the busiest first quarter in its history, the key to ensure your summer getaway is … [More]
The Role of Conversion Rate Optimization (CRO) in Achieving Impressive Customer Engagement
Google continuously modifies its algorithms to provide searchers with the most relevant content. In March 2023, Google rolled out its Core Update, which is one of the most significant updates in recent years. It continually adjusts its search engine ranking system and user interface, averaging 12 changes per day, keeping digital marketers on their toes. This algorithm update … [More]
The Dangers of Over-Regulating FinTech Software Companies
In a survey conducted on software providers for FinTech companies, 70% of the respondents stated they were keen on collaborating with FinTechs to work on data and AI, while 60% noted fraud as an area to partner with FinTechs. As the FinTech industry continues to redefine itself, experts note that understanding the difference between companies using financial technology for … [More]
Their Take: A Broader Banking Solution for Arizona’s Cannabis Industry Would Promote Growth
Arizona private banks and credit unions are not offering lending or line of credit services to cannabis industry players and those that do, require significant red tape to offer any type of credit. As such, operators cannot borrow against inventory or set up short term lines of credit to manage cash flow. In addition, the major credit card processors and online payment … [More]
Batten Down the Hatches: Fine Tune Your Small Business Plan for Any Economic Environment
In recognition of the more than 33 million small businesses in the U.S., we are sharing helpful best practices to fine tune your business plan to weather economic shifts. Responsibly manage your business debt Interest rates changes have significant impacts on business lending. To effectively manage your debt, consider these financial tactics before applying for a business … [More]
5 Ways to Unlock the Power of Your Employees’ Desires
We can do remarkable things when we listen to our hearts. It’s where our deepest desires reside, fueling our actions (for better or worse) and guiding us onward toward our purpose. Gary Harpst says the job of the leader is to help employees figure out how to connect their skills and passion to the purposes of the organization. With this careful alignment, individuals and the … [More]
The 3 God-Given Desires That Can Make or Break Us (and Why Leaders Need to Understand Them)
Human desire is a double-edged sword. On one hand, our God-given desires—rooted in primal needs for power, reproduction, and identity—fuel our efforts to transform chaos into order. But left unrealized, unchecked, or unchanneled, they can damage and undermine us. Gary Harpst says great leaders must understand the dual nature of desire, because it can either motivate teams to … [More]
Region to Address Unsheltered Homelessness through New Federal Program
The Maricopa region is teaming up with the White House and the U.S. Interagency Council on Homelessness (USICH) to participate in ALL INside, a first-of-its kind initiative to address unsheltered homelessness. (Watch the launch event live at 11 a.m. on YouTube highlighting Phoenix Mayor Kate Gallego and Mesa Mayor John Giles) As part of ALL INside, the region will … [More]
The Unequal Rewards of Peer Support at Work and How to Level the Playing Field
According to new research released in MIT Sloan Management Review, men benefit more from supporting colleagues than women do. A recent study conducted by Nancy Baym, a senior principal research manager at Microsoft Research and Constance Noonan Hadley, founder of the Institute for Life at Work and a lecturer at Boston University’s Questrom School of Business reveals that men … [More]
EdTech Intel: 6 Ways AI is Revolutionizing Online Learning
After years of steadily picking up steam, online learning is experiencing undeniable explosive growth. The market is racing toward $1 trillion, with the corporate e-learning space expected to skyrocket 250% in the coming years. As e-learning continues to expand beyond the walls of academia, another game-changing phenomenon is going mainstream in a big way: artificial … [More]
Asking Rents Flattened in April as Landlords Faced Rising Vacancies, Phoenix Down 9.6%
The median U.S. asking rent rose 0.3% year over year to $1,967 in April—the 11th-consecutive month of slowing growth, according to a new report from Redfin, the technology-powered real estate brokerage. That compares to a revised increase of 1.4% one month earlier and a 16% increase one year earlier. On a month-over-month basis, the median asking rent fell 0.2%, which … [More]
AAED Releases Its State of Arizona Economic Development Survey: Economy, Water, Housing Affordability among Key Concerns
The Arizona Association for Economic Development (AAED) announced the results of its State of Arizona Economic Development survey at its recent spring conference in Tucson. AAED surveyed its membership of more than 500 economic development practitioners and those that provide goods and services from the private sector. With the economy on everyone’s mind, the survey showed … [More]
Spring Cleaning for Your Business: Pest Control Matters
Like homes, businesses require pest control services to keep infestations to a minimum. Prevention and management are crucial to maintaining a healthy and safe environment for employees. Arizona’s summer temperatures draw insects and critters out of their homes as they search for food, water and shelter. Although insects don’t discriminate, there are five places of business … [More]
4 Tips for Defining and Reaching Your Target Audience
When competing with other brands to find the best channels needed to reach your audience, developing an effective marketing strategy might feel like throwing darts blindfolded. To increase your odds of reaching people who might be interested in your product or service, you need to effectively and accurately define your target audience first. It might take more than one … [More]
