Herman Trend Alert: Small is Big: Workforce Focus
Economic development professionals know that job growth comes from small business, not large employers. While attracting a new facility from a well-known corporation is good for community morale and certainly has positive economic impact, nurturing small and mid-sized business can generate more jobs with greater stability.
Herman Trend Alert: Universities Coming to the Corporate Campus
Employers, distressed that their employees lack critical knowledge and skills to perform effectively in a highly competitive, fast-moving marketplace, are looking to colleges and universities for help. Executives are inviting professors to come to the corporate offices to teach executives and managers. Supervisors are being trained in their work settings, as well as on campuses of universities and community technical colleges. While this practice is not new, the intensity and level of activity will grow substantially.