Is Your New Economy Workforce Hiding Where You Least Expect It?

Friday, January 04, 2019

To get a complete picture of a location’s workforce, site selectors need to look beyond costs to educational attributes and quality of life among other factors.

Workforce is critically important in every industry these days. In an exceptionally tight labor market, it’s becoming increasingly difficult to find a community that can deliver the talent growing companies require. Deeper digging can help you find the workforce you need today and the one you may need tomorrow. The following are tips on how to create a complete picture of the site you’re considering and its surrounding labor pool.

Labor cost is often a top criterion for a location — but wages alone don’t tell the full story of a location. Neither do incentives. For long-term success, what is a community doing to build a pipeline of qualified labor? What is the community doing to create a foundation for the skill sets you might need in 10 or 20 years? For a well-rounded analysis, you need to look at primary and secondary information. 

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“As the smaller chamber operating in the shadow of a larger, very aggressive one nearby, the North Myrtle Beach Chamber committed to take its game to the next level.  You and the NCDS team not only drove the creation of a bold new multi-year strategy, you generated buy in and a huge boost in revenue.  A great side benefit of launching and funding a new initiative was NCDS’ identification and engagement of a cadre of new leaders who had never really participated, much less invested at significant levels.  Your methodology works, and your experience in hundreds of other communities paid off for us in a major way.  So much so, we plan to kick off the next multi-year campaign this year.   In my book, NCDS remains the ‘gold standard’ for community development fundraising.”

Marc Jordan, CCE, President & CEO • North Myrtle Beach Chamber of Commerce Convention & Visitors Bureau

National Community Development Services, Inc.
6300 Powers Ferry Road, Suite 600-165
Atlanta, GA  30339
Phone: (404) 231-0730
tdifiore@ncdsinc.net