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September 22, 2016
Growth doesn't just happen. It requires a careful balance of factors within the market. When these factors come together, they create an engine that drives the economy forward.
The stronger the factors, the greater the forward momentum an economy will experience. Some of these factors are permanently fixed, while others remain fluid throughout the economic cycle. Here are a five factors that are fueling Amarillo's economic growth.
September 20, 2016
Every fall, my neighbor starts working in his garden. He’s out early in the morning, dirt up to his elbows busy planting bulbs that will bloom in the spring. His yard and flowers look amazing each spring that it almost makes up for my I-have-three-kids-and-a full-time-job-with-no-time-to-think-about-daffodils yard.
I’d love to look outside my window each spring and see the same view he does. Real gardeners know a healthy yard and a beautiful flowerbed takes work. It takes time. It takes an investment by my neighbor throughout the year to tend to his garden so that the fruits and the flora will greet him in the spring.
There is another type of “gardening” that I learned about this summer: economic gardening.
September 15, 2016
Whether born from a brainstorm in the shower or thought up while daydreaming in a boardroom, new businesses provide significant opportunities within the economy. When the thoughts and ideas of entrepreneurs lead to the establishment of a new business, the entire community benefits.
September 08, 2016
A healthy economy requires small business growth and sustainability. When small businesses are healthy and prosperous, the community-at-large benefits and prospers, too.
September 06, 2016
Success in business takes more than just having a dream. It's more than who you know and what you want to do. In order to achieve success, it's necessary to have the skills and training required to bring dreams into reality. That requires education, and an MBA is the degree businesses want their employees to have under their belts.
August 30, 2016
The Amarillo area is quickly becoming a "go-to" marketplace for businesses around the country. The goods produced here and the services provided by a skilled workforce are benefiting companies and communities from coast to coast. In turn, the revenues generated by sales and services significantly strengthen Amarillo's economy.
August 25, 2016
“[West Texas A&M University’s] mission is to give students a global perspective, a broader way of thinking. We try to do that in engineering as well. We try to show them that it is not just about a job or getting out to make money; it is about being the leaders technically for our region.” Dr. Emily Hunt, Professor of Mechanical Engineering at West Texas A&M University
Dr. Emily Hunt is the Dean and Professor of Mechanical Engineering at WTAMU. A Canyon native, she earned her B.S., M.S., and Ph.D. degrees in mechanical engineering from Texas Tech University. As a renowned engineer, researcher and author, Dr. Hunt is not only helping pave the way for female engineers in a male-dominated field, but is also positioning WT’s engineering programs competitive on a national scale.
August 24, 2016
“To foster economic growth, innovation clusters need to draw on the power of an interrelated ‘quad’ of sectors: public, private, civil, and academic.” - Ernest J. Wilson III, USC
Earlier this summer, in a meeting with Kyla Frye of the WT Enterprise Center, I was introduced to the concept of the “Quad,” an economic model created by a dean at the University of Southern California. Jeff Reid, Incubator Director at the WT Enterprise Center, had written a report on the model for an Economic Development capstone project.
In essence, the model suggests that collaboration and vision alignment across four sectors — government, business, nonprofit and academic — is the key to a community’s maintained economic growth.
August 18, 2016
Texas is tops for CEOs across the country according to the latest rankings released by Chief Executive Magazine. The latest survey means that it is the twelfth straight year that the state has been voted the best state in the nation for companies to do business.CONTINUE READING
August 16, 2016
Amarillo manufacturers often ask me, “Why can I not get my products or supplies off of the train that passes by my back window?” Good question. Let’s be honest — there are more than 100 trains per day that pass over the several hundreds of miles of railroad in Amarillo.CONTINUE READING