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

Tuesday, November 20, 2018

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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“Birmingham Landmarks, Inc. certainly made the right decision in selecting NCDS to raise the $7 million needed to fully restore our sadly dilapidated and abandoned former vaudeville theatre in downtown Birmingham.  Your firm provided the wisdom and experience to position the project as worthy of support, then structured a winning campaign that was creative, energizing, and relentless in pursuit of the goal.  We were especially appreciative of your flexibility relative to our early cash flow issues, and even more so in the selection of the assigned NCDS Project Executive.  Because of the success and momentum of your phase of this exceptional campaign, the Lyric staff was able to continue seeking commitments utilizing tax credits, and the total raised now exceeds $11.8 million.  Thanks to NCDS, Birmingham can boast of having one of the most spectacularly restored performing arts theaters in America.”

Brant Beene, Executive Director • Birmingham Landmarks, Inc.

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