News & Resources
AD: Will more companies be re-shoring or near-shoring as a result of the global pandemic?
Jensen: For certain, most companies are closely examining the options available to them to avoid future supply chain interruptions. Part of the challenge of making a decision on a future sourcing direction is that this story isn’t over...
In times of economic struggle — such as the recession that abruptly arrived with the COVID-19 pandemic — analysts and advocates promote an array of options as effective tools for stimulating the economy. One of the most frequently suggested options is infrastructure spending. Proponents of infrastructure spending during dire economi...
The Midland Development Corporation (MDC) has played a vital role in securing millions of dollars for critical infrastructure projects in Midland. From 2018 to 2021, $117 million of highway funding will be spent on local infrastructure projects, with the MDC contributing $10.3 million. The remaining funding has come from th...
While the COVID-19 pandemic continues to create an environment of unpredictability, the one certainty is that the way in which people previously commuted to their jobs — and the way in which goods and services were traditionally delivered — is likely changed forever.
It is still too early to predict th...
Tech Talent & COVID-19
Sep 25 2020Beset by the COVID-19 pandemic and its recessionary shocks, companies across the globe are paring workforces at alarming rates. In the United States alone, some 40 million workers had filed jobless claims by the end of May, with the biggest losses occurring in the leisure and hospitality, professional business services...
The Covid-19 Black Swan has completely disrupted the U.S. and global infrastructure market, magnifying the cracks in the global infrastructure investment model. The magnitude of the problem is significant, but so is the opportunity.
The International Finance Corporation sees emerging market domestic private investment declining by $700 billion this year ove...
(1).png)
Proactive Management of Incentives Deals
Sep 16 2020If you or your clients have incentives contracts, now is the time to examine your incentive agreements to understand the potential risks if your company is unable to perform key obligations.
The first step in any crisis is to determine exactly what the problem is. Review your incentive agreements to confir...
(1).png)
A Heightened Focus on Reshoring
Sep 14 2020The COVID-19 pandemic exposed the risks inherent in the global supply chain, particularly the worldwide reliance on China for medical supplies. The supply chain turbulence experienced during the pandemic undoubtedly will impact future business decisions, extending beyond medicine to other industries, including electronics, aerospace, automobiles, defense, consumer products, and technology.
Incentivizin...
(1).png)
In the marketing world, many businesses focus on ROI (return on investment). However, when the business does not obtain the immediate monetary results it desires, the decision makers begin to pull away from social media marketing. This is especially true with ROI during a time of crisis, such as th...
(1).png)
The last several years of corporate site selection have been influenced by many trends. Among these are corporate tax cuts, a red-hot industrial real estate market, the explosion of e-commerce, increasing trade protectionism, record economic growth and, in a stunning reversal, a global health pandemic and recession. It seems th...
Indemnification Provisions in Incentives Agreements: Best Practices and Special Public Entity Issues
Sep 7 2020Indemnification provisions are an important part of the fine print of many contracts. These clauses generally operate to protect one party against the other party’s actions or failures to act that lead to a loss claimed by a third party (not a party to the contract). A common example i...
(1).png)
Newly dispersed work teams are facing new challenges. During the early months of the global pandemic, more than three-quarters of organizations reported 80 percent or more of their employees were working from home, according to a global survey on workplace re-entry.
While workplace mobility isn’t new, the scale of remote work has accelerate...
.png)
Onshoring is top of mind for business executives who have watched their supply chains be disrupted and product deliveries delayed due to COVID-19. For four decades, companies have offshored manufacturing operations overseas in order to save costs. COVID-19 has forced companies to ask, “At what cost?” If the cost i...
(1).png)
As corporate decision-makers develop their business strategies for the future, the markets they consider are rapidly changing. This dynamic trend was already in place before the onset of the global COVID-19 pandemic as businesses sought to alleviate concentration risk. With the unprecedented impacts on the global economy of the curren...
(3).png)
Where Millennials Are Moving – 2020 Edition
Aug 13 2020Young adults today move more than previous generations. A recent Zillow study found that in 2017, close to one in two millennials – more than 45% – had lived in their current home for fewer than two years. By contrast, in 1960, approximately 34% of young adults had lived in their current residences fo...
(1).png)
AUSTIN, TX – Texas has secured the No. 1 spot on Chief Executive Magazine's annual ranking of the Best and Worst States for Business. Texas has achieved the top spot every year since the ranking's inception.
The ranking reflects CEO perceptions of the best and worst states for business based o...
(2).png)
Texas Takes Home The Gold Shovel Once Again
Aug 6 2020Area Development has announced its annual Gold and Silver Shovel Award winners for 2020, with Texas claiming a Gold Shovel.
The annual Gold and Silver Shovel Awards recognize states for their achievements in attracting high-value investment projects that will create a significant number of new jobs in their communities.
Read full article.
(3).png)
Drawing on lessons from the battlefield is common practice for business leaders seeking tested strategies to succeed against adversity. The battle against Covid-19, an invisible enemy, feels to many observers like a military engagement.
Readers familiar with Agile methodology and its business applications, aimed at empowering teams to better respond to changing custome...
(1).png)
A return to normalcy won’t cut it in the post-COVID workplace. How real estate leaders approach this all-new landscape will have lasting implications on our communities’ health, employee safety and well-being, and organizational performance alike.
If it sounds like a tall order, that’s because it is. Yet, tumultuous times have historicall...
TINTON FALLS, NJ – Business Facilities released its 16th Annual Rankings Report, with Texas leading as the state with the best business climate.
Texas, also ranked Business Facilities’ 2019 State of the Year, adds this achievement to its unmatched portfolio of top rankings from the magazine, including a record-breaking four State of th...
(2).png)
Zooming Into Secondary Hubs
Jul 28 2020When KPMG released its ranking of the top 20 Technology Innovation Hubs for 2020, the annual list read like a proverbial roundup of the usual suspects: After Silicon Valley, the report named Singapore, London, Tel Aviv, Tokyo and New York as the next top five.
The rest of the top 2...
(2).png)
Local entrepreneurs have found a home in Micro Market Midland - a community of business owners sharing a beautiful downtown retail space. The market was temporarily closed due to COVID-19, but has since reopened, taking safety precautions to protect workers and guests.
“We have a passion for local small businesses an...
.png)
The COVID-19 pandemic has brought unprecedented change to the United States. Individuals and businesses alike are facing uncertainty unlike anything experienced in recent times. Lost income and health concerns coupled with the absence of social structures typically provided by extended family, friends and other relationships have given rise to hig...
(1).png)
At a time when more people are working from home but business deliverables and deadlines remain the same, managers are seeking tangible ways to make remote work function just as well as the usual methods for employees they support. Below are four tangible steps that managers can take to combat communicatio...
