Blog and News
Whether it is our client communities successfully implementing their community and economic development strategies or rolling out their first community vision plan, our clients generate buzz in their local community. Check our company blog regularly to stay well informed about best practices, upcoming events, implementation updates, original research, and our thoughts on current and coming economic and community trends that will shape the competitive landscape for years to come.
Market Street - Featured Research
Competing for Tomorrow's Workforce - Attracting and retaining talented workers is a key component of economic development, requiring deep commitment, careful research, and continuing resources. In this feature article for Chamber Executive, the quarterly publication of the Association of Chamber of Commerce Executives, Market Street shares best practices from around the country. The article also explores the idea that a systematic approach to talent attration and retention should be authentic, research-based, and resources.
The Real Value of Joining a Local Chamber of Commerce (The Schapiro Group and Market Street Services) - Advocates of chambers of commerce have long believed that when a company is active in its local chamber, it is doing the right thing not only for the community but for its own success as well. While there is plenty of evidence to show the impact of chambers of commerce on their communities, it is much harder to find data that quantify the impact of belonging to a chamber. This study, commissioned by the Association of Chamber of Commerce Executives with support from Small Business Network, Inc., is designed to do just that: determine the real value to companies in terms of consumer outcomes of joining and being active in their local chamber of commerce. Do consumers really support businesses because they are chamber members?
How Diversity Fosters Economic Success - E pluribus unum — “out of many, one.” Since the infancy of the United States, this motto has adorned our Great Seal, our currency and our official documents. The phrase originally conveyed the concept of a single nation emerging from many states and many countries.
In recent years, the motto has come to suggest that out of many peoples, races, religions and ancestries, a single people and nation has emerged — a “melting pot.” Our wide variety of backgrounds and experiences has given us brains, talent and strength; the United States of today is undisputedly among the supreme powers of the world. How did we become so prosperous? It all stems from our diverse population base. Diversity has become a vital and important issue, especially for chambers. Webster defines diversity as “differing from one another — distinct or unlike elements or qualities.” Diversity comes in many forms and descriptions. It is about age, race, ethnicity, lifestyle choice, religious beliefs, family makeup, and many more things. There is no question that our world becomes more diverse every day — in almost every way.
Quality of Place and Its Role in Corporate Location Decisions (Market Street Services) - In today’s highly competitive environment for talent, a compelling quality of place - a community’s attractiveness to existing and future residents and workers - is a competitive advantage. Motivated by executives’ increasing concern over their businesses’ future growth prospects in an ever-tightening labor market, companies are choosing locations attractive to tomorrow’s skilled, mobile work force. And many workers - especially recent graduates and young professionals - are selecting a place to live before securing employment.