Fervent Four
Did you know that only 4% of businesses ever cross the annual million dollar revenue mark? The Fervent Four is a weekly show, every Thursday at 11am, dedicated to sharing insights into growing a world class business no matter the climate.
Exploring the Hampton Roads Workforce Study and Regional Talent Strategies
Peter Grimm and Kris Cravey from Fahrenheit Advisors join to discuss the Hampton Roads workforce study. They delve into the study's key findings, methodology, and surprising revelations. The conversation addresses economic development, cost of living, wages, and the impact of remote work on talent acquisition. They explore regional identity, the 757 branding attempt, and public safety perceptions. Strategies for talent retention, attracting industry, and regional collaboration are also discussed. The episode concludes with insights into Fahrenheit Advisors, local culture, and encouraging regional self-belief and growth potential.
Key Points
- Attracting boomerangers who have moved away but decide to return can significantly enhance the region's talent pool and promote its positive aspects.
- Addressing critical issues such as cost of living, public safety, and economic opportunities is essential to retaining young professionals in Hampton Roads.
- A unified regional approach, similar to the Hampton Roads Transit model, could help overcome fragmented political geography and better attract businesses and talent to the area.
Chapters
| 0:00 | |
| 2:19 | |
| 3:35 | |
| 6:18 | |
| 11:12 | |
| 14:06 | |
| 19:22 | |
| 27:28 | |
| 29:53 | |
| 37:45 | |
| 43:42 | |
| 51:04 | |
| 58:31 | |
| 1:00:08 |
Transcript
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