The Connector Ed. 76
Aug 2nd, 2023 | The Connector
Celebrating Success at the Philadelphia Business Journal's Best Places to Work 2023 Awards Dinner! 🎉 Last week was a night of celebration and recognition for The O'Connor Group, as we proudly attended the highly anticipated Philadelphia Business Journal's Best Places to Work 2023 Awards Dinner. The event brought together industry leaders, entrepreneurs, and top-notch organizations to honor excellence in workplace culture! The acknowledgment reflects our continuous efforts to foster a workplace that nurtures growth, innovation, and personal development, and it is a testament to the unwavering dedication of every member of our team. The Best Places to Work award has deepened our commitment to maintaining an environment that encourages work-life balance, recognizes achievements, and provides ample opportunities for professional growth. It motivates us to keep pushing boundaries, fostering a culture of innovation and excellence that sets a standard for the industry! To all the wonderful individuals who make The O'Connor Group what it is today, thank you! This award belongs to each and every one of you. Let's continue to soar together, creating a brighter future for both our team and the clients we proudly serve. 1. Economic Growth Continues, as Small Businesses Walk a Tightrope Between Strong Demand and an Overheated Market for Talent U.S. economic growth remains robust as gross domestic product increased at an annualized rate of 2.4 percent in the second quarter, marking the fourth consecutive quarter of positive economic growth! Consumer spending, a key driver of economic growth, decelerated slightly, but businesses in specific sectors like housing, utilities, healthcare, and recreational goods can still expect strong demand. Despite some weaker numbers and concerns over core inflation, economists view the strong GDP report as a positive sign for businesses, though they acknowledge the current economic environment is delicate, balancing strong demand with potential talent shortages and inflationary pressures. Read more at the link! 2. New Study Confirms It: If You Work Out Today, You'll Perform Better at Work Tomorrow New study confirms that exercising today can significantly boost your performance at work tomorrow. Conducted by business professors from Hong Kong, the research tracked 200 volunteers' exercise levels over ten days using fitness trackers while monitoring their work performance through self-reports and evaluations. The results reveal that even short periods of physical activity, as little as 20 minutes a day, lead to improved energy, concentration, and creativity the next day. So, stop making work-related excuses and start small – even a little exercise today will make you better at your job tomorrow! Read more at the link! 3. Entrepreneurship Defined: What It Means to Be an entrepreneur Discover the journey of successful entrepreneurs like Steve Jobs, Elon Musk, and Sara Blakely, and get inspired to pursue your vision. Find out what drives entrepreneurs, from autonomy and purpose to financial success and leaving a lasting legacy. Learn valuable advice from seasoned business leaders: self-awareness, perseverance, adaptability, and the courage to take risks on the road to success. Read more at the link! 4. The iconic American hard hat job that has the highest level of open positions ever recorded Amidst a post-Covid growth spurt in the U.S. economy, the construction sector faces a unique challenge: a severe lack of skilled workers to meet soaring demand. Job openings have surged, but there aren't enough workers to keep up, hindering the creation of essential structures. However, this tight labor market presents a golden opportunity for construction workers, with pay booming and constant work available. Construction firms and unions are actively working to attract new talent, improve diversity, and address workforce shortages, while advocating for immigration policies that can further alleviate the industry's labor crunch. Read more at the article here! 5. Thought Leadership - The Latest Trends! Each month our Human Resources and Talent Acquisition team members deliver this valuable resource to keep you in the know of the latest topics and trends impacting the people part of your business. In our latest HireWire Blog, "The Importance of Performance Management," Project Manager, Janice Rath, highlights the importance of performance management and strategic incentive structures in attracting, developing, and retaining top talent to drive success and innovation in companies. Read more at the link! 6. Let's Get Local...Raleigh too!
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