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]

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]

Are You Game? How Gaming and Sporting Events Are a ‘Big Win’ for Our Economy

by RaeAnne Marsh

Gaming and sports have gone together for a long time; the new trend in sportsbooks brings it out of odds-makers’ back rooms and into prominent display. A Powerhouse Punch on the Economy “With nearly $2.8 billion wagered, the positive economic boosts from regulated sports wagering have been vast and should only trend upward as the market matures,” says Christopher Boan, … [More]

Robert Miguel, Arizona Indian Gaming Association

from Robert Miguel

Gaming and sporting events go together hand-in-glove, but each stands on its own and has a long history of success here in the Valley — as an entertainment draw and an economic driver. Indian Gaming, specifically, is essential to the economic well-being of not only Tribal Nations — providing employment, education, enhanced services and economic development opportunities — … [More]

Your Business & the Law

by RaeAnne Marsh

The upheaval of the past couple of years has required businesses to adapt and adopt a lot of change to survive. Some of this comes from social pressures as attitudes and habits change, and some comes from new regulatory guidelines and requirements. Attorneys bring businesses expertise to help them navigate the changing landscape and, where needed, can be the anchor that keeps … [More]

Andy Abraham, Burch & Cracchiolo

from Andy Abraham

The term “the new normal” has become ubiquitous in our lives, referring to how we perceive the world and how we act in it. As businesses struggle to navigate the new normal – whether social or regulatory – attorneys can serve as their anchor and guide. The pandemic raised numerous challenges for attorneys, especially to look for creative ways to allow our clients to serve … [More]

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]

Paul Komadina, CBRE Arizona

from Paul Komadina

It’s been an industrious season for the industrial sector of Phoenix’s commercial real estate — more than a year that includes record-setting activity and that also bodes well for Phoenix’s employment numbers. The Phoenix industrial market continues to surpass expectations, setting records for demand and construction only few markets can rival. Increased tenant demand is the … [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]

Richard J. Gray, M.D., Mayo Clinic

from Richard J. Gray, M.D.

Bioscience may be redefining the economy in Phoenix — and even statewide. It spans sectors, connecting institutions from universities to hospital networks to private companies. In December, Mayo Clinic acquired 228 acres of land adjacent to our campus in North Phoenix, paving the way to develop a transformative biotech and life sciences corridor called Discovery Oasis. The … [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]

Mary Jane Rynd,  Virginia G. Piper Charitable Trust

by Mary Jane Rynd

This time of year, with the roll-up to Arizona Gives Day next month, there’s a tremendous focus on fundraising for nonprofits. Asa community, we need to recognize that this hardly defines nonprofits’ participation in our economy — as businesses that provide employment and generate revenue. We all know that nonprofits generate tremendous social good. However, many may not … [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]

Dr. Joel (JP) Martin, Positively Powerful™ Triad West, Inc. 

from Dr. Joel (JP) Martin

DEI. And an additional initial: B. Diversity, equity, inclusion and belonging are in the forefront of business operations these days — whether it’s because consumers are evidencing concern for supporting it through their spending habits, or because younger generations are making it a point of their choice of where to work, or because business leadership has decided it’s the … [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]

An American Businessperson in a Global World

by Susanne Evens 

In the American business world, there is a generally accepted, and often unspoken, etiquette that most businesspeople follow: Be on time, dress professionally, use a firm handshake, make eye contact, show initiative, be respectful of one’s superiors and so on. Look around the world, however, and there are widely diverse protocols that can quickly lead to cultural barriers, … [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]

4 Skills Everyone Needs to Thrive in a Digital Future

by Lee Lazarus and Janine Kurnoff 

There’s a lot of talk these days about disruption and the constant change we all seem to experience at faster and faster speeds. In the past decade, every industry worldwide has been impacted by the rise of technology, people and interactivity coming together to create an explosion of new products and services that did not even exist 10 years ago. Who could believe that one day … [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]

Eric Miller, PADT

from Eric Miller

Technology is so much a part of our lives that we take most of it for granted. We notice it only when there’s a quantum leap in innovation that disrupts our standard way of doing things, our processes at work and our habits at home.  Arizona’s technology ecosystem, like that in many other states across the nation, is thriving due to the critical role it’s played in our … [More]

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