areadevelopment + this-week-338   27

Who holds the key to closing the skills gap? - EY
Can it be possible that women lost 30 years of progress toward equal economic and political participation with men in just 12 months?

Unfortunately, according to the World Economic Forum, that is precisely what happened in 2015.
skilled-labor  skills-gap  labor-costs  workforce-development  women-in-manufacturing  cf-women  Around-the-web  this-week-338  insider-8-23-2018 
january 2016 by areadevelopment
What happens when robots take our jobs? - World Economic Forum
Despite the sluggishness of change on today’s factory floors, this digital wave is slowly but surely revolutionizing manufacturing, contributing to major productivity enhancements and the emergence of innovative production paradigms that deliver more tailored and efficient solutions.
4th-industrial-revolution  shop-floor  Around-the-web  this-week-338  advanced-manufacturing  robotics-manufacturing 
january 2016 by areadevelopment
MD, SC Boost Defense Industry Support in Budgets; TBED Proposals Released in AZ, MO - SSTI
Many governors around the country have begun laying out priorities for the next legislative session. In the coming weeks, SSTI will review gubernatorial addresses and budget proposals related to economic development. This week, we highlight developments in Arizona, Maryland, Missouri and South Carolina.
economic-development-news  technology-based-economic-development  government-policy  south-carolina  missouri  arizona  maryland  this-week-338  Around-the-web 
january 2016 by areadevelopment
What happened when Haier took over a venerable New Zealand appliance maker, and what might that mean for GE? - Insider Louisville
When Qingdao Haier took over New Zealand appliance maker Fisher & Paykel in 2012, the worries of many Kiwis echoed those voiced by Americans since Friday, when the Chinese company said it plans to purchase General Electric Appliances.
this-week-338  Matt  Around-the-web  general-electric  GE  china 
january 2016 by areadevelopment
Technology and talent: Key takeaways from PwC’s CEO Survey - PwC Industrial Insights Blog
78 percent of US CEOs, and 61 percent of CEOs globally, are either extremely or somewhat concerned with the rapid pace of technology change. Additionally, 72 percent of CEOs globally shared that the availability of key skills is also posing a threat. And, most US CEOs (65 percent) say they are changing how they develop their leadership pipeline, knowing the next generation of leaders will need to be comfortable with new technologies.
executive-surveys  economic-indicator-reports  economic-forecast  Around-the-web  this-week-338  sfp-insider-123 
january 2016 by areadevelopment
American Companies Say Doing Business in China Is Getting Tougher - WSJ
U.S. businesses in China are voicing increased concern about unclear laws, perceived antiforeign sentiment and industrial overcapacity, adding to worries about uncertainty over the slowing Chinese economy.
this-week-338  Around-the-web  Matt  china  location-USA  offshoring  reshoring  manufacturing 
january 2016 by areadevelopment
Car Industry's Recovery Isn't All American - US News
Every U.S. automaker imports parts from overseas to take advantage of less expensive labor, to the point that there are no more cars built completely with parts from the U.S. or Canada, says Patrick Olsen, editor-in-chief of
Around-the-web  business-globalization  global-supply-chain  cost-of-doing-business  industry-reports  automotive-industry  this-week-338 
january 2016 by areadevelopment
Europe is lagging the US in innovation, but that’s about to change - Quartz
The digitalization of manufacturing is at the forefront of today’s remaking of the business world. US firms have a big advantage in the service sector because of their digital advances over the last two decades, but Europe still holds a slight lead in manufacturing expertise. Within a few years, manufacturing will be fully digitalized too. If we don’t innovate our manufacturing quickly with massive investment and a greater appetite for new approaches that carry a high risk and high potential return, there is a real possibility that Europe will be left behind the US for generations.
innovation  advanced-manufacturing  europe  business-globalization  opinion  Around-the-web  this-week-338 
january 2016 by areadevelopment
Teaming with Young Guns - strategy+business
Companies are addressing these issues by rethinking their recruiting and people strategies, both by offering rotational programs to appeal to highly qualified candidates and by boosting pay and offering an impressive array of perks. But there is a far simpler and more pragmatic solution that individual managers can try that may have more success than bonuses and free snacks. It’s all about teams.
millennials  workplace-trends  workforce-development  Around-the-web  this-week-338 
january 2016 by areadevelopment
Contributors and Detractors: Ranking Countries’ Impact on Global Innovation - ITIF
Robust innovation is essential for economic growth and social progress around the world. Until now, most studies of innovation policy looked at how nations’ policies affect innovation in their own country. This report assesses 56 countries—which comprise almost 90 percent of the global economy—on 27 factors reflecting the extent to which their economic and trade policies contribute to and detract from innovation globally.
innovation  international-location-reports  ranking  Around-the-web  this-week-338 
january 2016 by areadevelopment
GE Moves Headquarters to Boston, Leaves Suburbia Behind - CityLab
The company’s announcement marks a greater shift toward innovation in our city centers, but a poor practice of taking money from taxpayers.
this-week-338  Around-the-web  Matt  GE  general-electric  headquarters  Boston  Massachusetts  taxes-incentives  corporate-headquarters 
january 2016 by areadevelopment
Corporate HQ and the Magnetic Pull of Cities - strategy+business
Simply put, the narratives that made it logical for GE to be in a Connecticut suburb within striking distance of New York while avoiding a location smack in the downtown district of a big city have all reversed in the past two decades.
suburbs  corporate-headquarters  corporate-tax  connecticut  Around-the-web  site-selection-factors  this-week-338  GE  urban-revitalization  metros 
january 2016 by areadevelopment
Tucson-based World View will remain in Arizona after Pima County deal - Phoenix Business Journal
Florida and New Mexico were courting Tucson-based World View to relocate its corporate headquarters into their space technology centers. New Mexico sought the company for its Space Port near White Sands and Florida wanted to bring it to the Space Coast near Jacksonville.
Aerospace  space-ports  Florida  new-mexico  florida-space-coast  arizona  tucson  Around-the-web  this-week-338  corporate-headquarters 
january 2016 by areadevelopment
Morgan Stanley looks to move jobs to cheaper cities in bid to cut costs - Yahoo Finance
The investment bank on Tuesday announced an initiative to cut up to $1 billion by 2017 by using technology and outsourcing jobs now in its New York headquarters and other higher cost cities. However, it declined to give specific details about the number of jobs it would move to lower cost centers.
financial-industry  morgan-stanley  corporate-headquarters  outsourcing  Around-the-web  this-week-338 
january 2016 by areadevelopment
State-Local Tax Burden Rankings FY 2012 - Tax Foundation
New Yorkers faced the highest burden, with 12.7 percent of income in the state going to state and local taxes. Connecticut (12.6 percent) and New Jersey (12.2 percent) followed closely behind. On the other end of the spectrum, Alaska (6.5 percent), South Dakota (7.1 percent) and Wyoming (7.1 percent) had the lowest burdens.
cost-of-doing-business  taxes-incentives  corporate-tax  government-policy  industry-organizations  Around-the-web  this-week-338 
january 2016 by areadevelopment
City Momentum Index 2016: The Rise of the Innovation-Orientated City - JLL
Covering 120 major established and emerging business hubs across the globe, the Index measures a city’s short-term socio-economic and commercial real estate momentum (over a three-year horizon) in combination with measures of ‘future-proofing’ – whether a city has the essential ingredients to ensure longer-term sustainable momentum.
corporate-real-estate  Metros  ranking  Around-the-web  this-week-338 
january 2016 by areadevelopment
The States With Declining Populations - GOVERNING
Most states are gaining residents, but a few have lost population in recent years. None are seeing major losses, but it looks as if some states' populations will continue to stagnate or slowly decline in the years to come.

The latest U.S. Census Bureau estimates indicate that the nation’s overall population grew by about 2.5 million over the 12-month period ending last July.
demographics  Around-the-web  this-week-338 
january 2016 by areadevelopment
In Taiwan, Survivor Mentality Stymies Tech Innovation - The New York Times
With its offices sporting wood flooring, a roof painted bright orange and conference rooms named after target markets in Southeast Asia, AppWorks, one of Taiwan’s few start-up accelerators, has the look and feel of the American counterparts it’s modeled on.
Around-the-web  Matt  this-week-338  tech  technology  high-tech  china  startup 
january 2016 by areadevelopment
U.S. Growth and Employment Data Tell Different Stories - The New York Times
The stock market has been sinking since the beginning of the year and oil prices have plummeted, yet auto sales are at record highs and Federal Reserve officials are expressing confidence that the economy is on the upswing.
Around-the-web  this-week-338  automotive-industry  federal-reserve  economic-analysis  economy 
january 2016 by areadevelopment
These numbers terrify GM, Ford and the other automakers - Yahoo Finance
The percentage of young people with a driver’s license has plunged during the last several years, according to a new study by the University of Michigan’s Transportation Research Institute. In 2008, for instance, 65.4% of 18-year-olds had a driver’s license. Now, 60.1% do. The trend has been underway for decades but seems to have intensified since the recession that began at the end of 2007.
this-week-338  Around-the-web  Matt  automotive-industry  GM  Ford 
january 2016 by areadevelopment
Sweet'N Low to end Brooklyn production after nearly 60 years - US News
It's the latest chapter in a familiar tale. New York City hasn't been a manufacturing contender in decades, with global competition and the high costs of labor and real estate taking their toll.
Metros  u.s.-manufacturing  food-industry  brooklyn  new-york-city  Around-the-web  this-week-338 
january 2016 by areadevelopment
Workforce 2025: What does tomorrow's economy look like? - Tulsa World
Competition with other cities and even countries, local business leaders and educators have pointed out, isn’t so much a choice as it is necessary. In a global economy, Tulsa and Oklahoma’s workforce must continue to evolve and learn the skills necessary to compete or the jobs it now relies on will move overseas.
regional-reports  workforce-development  skilled-labor  workforce-training  tulsa  oklahoma  Around-the-web  this-week-338 
january 2016 by areadevelopment
Legoland opens secret hub in Lake Wales to build lego models to be shipped around the globe -
Merlin Entertainment, the company that runs Legoland, just opened a new hub in Lake Wales where all its new Lego models are built and shipped around the world.
this-week-338  Around-the-web  Matt  Florida  south-atlantic  jobs  engineering  3D-printing 
january 2016 by areadevelopment
We saw the first Hyperloop tubes in the desert - CNN Money
Hyperloop Technologies has begun work on a Hyperloop test track, the futuristic transportation system envisioned by Elon Musk
this-week-338  Around-the-web  Matt  elon-musk  high-tech  tech  technology  electric-vehicle  tesla  Nevada  mountain-states  automotive-industry  advanced-technology  transportation 
january 2016 by areadevelopment
Connected Car? Not So Fast - Motive Retail
The connected car has been called a “smartphone” on wheels. Unfortunately, that phrase became outdated almost before it wasconnected_car_slow_175.png invented. While the initial vision may have been for a better way to integrate our electronic devices with our vehicles, technology has rapidly pushed way beyond that.
Around-the-web  Matt  this-week-338  connected-car  tech  advanced-technology  manufacturing 
january 2016 by areadevelopment
Business Leaders Issue Do or Die Plan For The DC Region - Bisnow
The DC region has been growing at a steady clip for several years, but if it doesn’t tackle some of its biggest headaches (we’re looking at you, inner loop backup), the region’s growth will falter.
this-week-338  Around-the-web  Matt  Washington-DC  bioscience  life-sciences  economic-development 
january 2016 by areadevelopment

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