Editor's Note: Navigating the New and Improved Economic Landscape
Businesses need to navigate many changes in the economic landscape post-pandemic, including growth in remote work, an increased focus on workforce diversity, as well as realignment of their supply chains.
Despite this rapid growth, changes in the economy abound as we enter what has been called the “new normal,” and we cover many of those changes in this issue. For example, the remote working trend during the pandemic has taken hold and our cover story, “Where’s the Talent,” explains how — unlike in past expansions — growth may now spread across more communities as people have the freedom to work from their preferred locations. A recent study from Cushman & Wakefield explains how employers are “Adapting to a New Workplace Ecosystem.” There is no single answer to how office space in an agile world can best support productivity, innovation, and growth.
In order to “Mitigate the Risks of Supply Chain Disruption,” as evidenced during the COVID-19 pandemic, companies are “Shoring Up Operations for Growth,” with many moving operations closer to the U.S. The current shortage of semiconductors points to the necessity of bringing some of this manufacturing back home (“U.S. Semiconductor Industry Faces Crises, Opportunities.”)
But it’s not just operations that will differ in the “new normal,” but how we think about employees in the workforce. The social unrest experienced during the pandemic has resulted in “A Renewed Focus on Workforce Diversity.” Now, as companies make their location decisions, diversity and inclusion issues are being included among the site selection factors. Relatedly, the pandemic has impacted the need for leaders with a sense of empathy. Ericsson Digital Services’ VP of Business Operations Dan Kerber explains how a truly empathetic leader understands what employees are going through on an emotional level.
All of these issues and more are discussed in this issue’s features as we navigate our new and, we hope, improved economic landscape.
Supply Chain Bottlenecks Creating New “Logistical Hotspots”
Changes in the Incentives Landscape
The “Great Resignation” Is Impacting Corporate Relocations
Workforce Q4 2021
2020 Top States for Doing Business Showcase Their Pro-Business Environments
2021 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts
How an International Business Can Enter the U.S. Market Via M&A