This past weekend the commercial real estate industry welcomed the passing of the Infrastructure Investment and Jobs Act, which is providing $1.5 trillion for climate change protections, roads and bridges, electric grid updates, broadband and more. With the vast number of upgrades that will soon be taking place, what does this mean for individual metro performance? Here are … [More]
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Automation versus Human Innovation: How to Engineer an Equitable Economy
inbusinessPHX.com
Are some companies moving closer to having more robots than employees? Recent studies indicate a trend in that direction. Research from Google Cloud shows two-thirds of manufacturers who use artificial intelligence in their day-to-day operations say that their reliance on AI is increasing. And a report from PwC predicts that by the mid-2030s, up to 30% of jobs could be … [More]
Tips for Staying Emotionally Well through the Holidays
inbusinessPHX.com
The holiday season can be stressful for millions of people. Not only are there pressures to travel and purchase gifts, but there’s more put on one’s plate than usual. This can lead to people spending a couple of months in an ongoing state of stress or overwhelm. The good news is that there are things people can do to help beat back the blues and combat stress all season … [More]
3 Ways to Take Your Company from Product-Focused to Customer-Centric
inbusinessPHX.com
Companies that focus on being customer-centric can position themselves better for success than companies that don’t. Research shows that customer-centric companies are 60% more profitable, people will spend 17% more for a good experience, and 76% of customers expect businesses to understand their needs. Dr. Debbie Qaqish, ForbesBook author of From Backroom to Boardroom: … [More]
How to Protect Your Small Business from Cybersecurity Attacks
By Robert J. Blaney, SBA Arizona District Director
Cybersecurity is the method or methods that business owners employ to protect their internet-connected systems, such as their hardware, software and/or other data systems, from unauthorized access. When the world was young, there were only a few ways to steal from an average person. Robbery, burglary, larceny and perhaps, even extortion, come to mind. In some cases, you … [More]
In Retirement Planning, Short-Term Greed Never Outweighs Long-Term Benefits
by Peter Blatt
When it comes to investing, people fall into many categories. There are risk-takers and there are overly cautious people. Some investors react to every up and down in the market, exulting in the gains they achieved at trading day’s end or fretting every time their stock prices drop. Conversely, some pay little attention to what their money is doing day to day, going about … [More]
Lessons Learned: How to Avoid 6 of the Most Common Business Mistakes
by Edgar R. Olivo
Learning from mistakes is the most valuable action a small business owner can do on the journey to business success. Think about this: Every successful business started as a great idea. This great idea is usually purpose-driven, vision-driven, or both. Unfortunately, not everyone is born as a business expert when they start, so, to get better, they need to learn from mistakes … [More]
EN NEGOCIOS: Lecciones aprendidas: Cómo evitar 6 de los errores empresariales más comunes
por Edgar R. Olivo
Aprender de los errores es la acción más valiosa que puede realizar el propietario de una pequeña empresa en su camino hacia el éxito empresarial. Piense en esto: todo negocio exitoso comenzó como una gran idea. Esta gran idea suele tener un propósito, una visión o ambas cosas. Desafortunadamente, no todos nacen como expertos en negocios cuando comienzan, por lo que, para … [More]
Social Media May Have a Positive Impact on Health, Survey Finds
by Pamela Doneva
It is quite common to hear about the negative effects of social media. However, according to a recent survey by DentaVox with 6785 respondents, many say it can also be a source of good influence. Controversial or not, people claim they found inspiration to explore a healthier lifestyle. Effect on physical health Interestingly 69% of DentaVox users state that social media … [More]
5 Ways Leaders Can Use Empathy to Increase Employee Job Satisfaction
inbusinessPHX.com
As many workplaces struggle to retain and hire employees during the “Great Resignation,” leaders don’t have time to feel sorry for themselves. But it may be time for more of them to feel empathy toward their workers. Ernst & Young’s 2021 Empathy in Business Survey showed around 50% of employees quit a previous job because their boss wasn’t empathetic to their struggles … [More]
Vaccinations: Whose Responsibility?
by Jim White, PhD
Kyrie Irving’s stance on vaccination stole the headlines. The story captivated basketball fans and observers alike: the Brooklyn Nets star, an employee of the NBA, was willing to forgo tens of millions of dollars in salary by opting not to “take the shot.” Irving stood in solidarity with workers who, he said, are losing their livelihoods over COVID-19 vaccination mandates – … [More]
4 Ways to Fight Burnout and Win
by Andi Simon, Ph.D.
I always look forward to reading McKinsey’s Women in the Workplace research. This is the seventh year it has been collected, and the data compiles survey results from 65,000 people in 423 organizations. Of particular concern to me was the data on burnout. As this research reveals, “The pandemic continues to take a toll on employees, and especially women. Women are even more … [More]
Are You ‘Aged Out’ of Owning a Business? Think Again: Why Now May Be Your Time
inbusinessPHX.com
Two drivers behind “The Great Resignation” have been unhappiness and boldness – people thinking they can find a more fulfilling job at a different company, or a new career altogether, and then going for it. One example is the surge in new entrepreneurs. The pandemic has brought out a record number of them. And a high percentage of those who recently quit their jobs say … [More]
3 Tips for Companies to Re-Engage as They Return to the Office
by Shideh Doerr
As companies begin phasing back into in-office work, they might notice employees engaging in a different manner. After nearly two years of isolating, Zoom meetings and remote work, many are feeling anxious and nervous thinking about daily interactions with people they’ve only ever seen or worked with virtually. If you're a business leader whose company is shifting into the … [More]
How to Help Employees Look Forward to Monday in a Hybrid Working World
inbusinessPHX.com
The rise of remote work has dramatically reshaped the way many companies conduct business, but at least one critical fact remains unchanged. Businesses that keep their team members engaged and excited about starting their work day are more successful, whether the work is in an office, remote or some hybrid of the two, says Adam Witty, author of Looking Forward to Monday: How … [More]
Has the Government Created a Housing Crisis by Penalizing Fannie Mae?
inbusinessPHX.com
There has been much discussion about the inflated housing market in recent months. But what about the continuing problems of high rent and low-income earners who need government assistance to find shelter? And with eviction and foreclosure moratoriums ending in the wake of the COVID-19 pandemic, finding affordable housing could be difficult for more people, including the middle … [More]
How Leaders Can Close the Gender Equity Gap that Remote Work Is Widening
inbusinessPHX.com
Gender bias in the workplace is a well-documented issue, with research showing women earn consistently less money than men and get fewer of the top leadership jobs. And now the new wave of remote working is magnifying gender gaps, a study shows. As companies continue to navigate the COVID-19 pandemic and weigh the pros and cons of working from home versus returning to the … [More]
Employee Retention Woes Playing Havoc with Marketing Data
MountainTop Data
From data collection to creating B2B lists for potential leads, marketing has been seriously impacted by the COVID-19 pandemic. The biggest factors being the increase in people working remotely and the phenomenal turnover rate businesses are experiencing. Recent statistics have shown that one-third of new employees are quitting after about six months. According to the … [More]
