2019 Perspective Delves Into Workforce Development and Talent
Annual event also provided economic forecast for Southern Nevada
View a replay of the 2019 Las Vegas Perspective event live-stream here.
The Las Vegas Global Economic Alliance (LVGEA), in partnership with the Perspective Council, hosted its 39th annual Perspective event at South Point Hotel & Casino on Tuesday, May 14.
More than 680 attendees—a record turnout—gathered in South Point’s Grand Ballroom to hear about workforce development and talent, as well as Southern Nevada’s changing economy. Speakers included Crescendo Strategies President Cara Silletto, Dartmouth College Professor Sydney Finkelstein and Applied Analysis Principal Analyst Jeremy Aguero.
Crescendo Strategies President Cara Silletto kicked off the lineup by addressing staffing stability and dispelling the commonly held myths about millennial workers. She categorized employees into two types—a deep-rooted tree and a revolving door—and emphasized that it is not simply a generational difference, but the nation’s current reality. Organizations must understand how this shifting workforce operates to recalibrate their long-standing expectations.
She encouraged attendees to ask themselves, “’How has the workforce changed and how am I, as a leader in my organization, going to make some adjustments not just to accommodate but to evolve with this new workforce?’”
Dartmouth Professor Sydney Finkelstein then took the stage to discuss “superbosses.” As the author of Superbosses: How Exceptional Leaders Master the Flow of Talent, Finkelstein took attendees through the mindsets of true leaders in the workplace. Citing examples such as Ralph Lauren, Bill Walsh and Julian Robertson, he illustrated three points for attendees about superbosses: They are creative about accessing untapped talent. They are uncompromisingly open when it comes to creative visions. And finally, they are focused on developing talent, serving as powerful influences and providing unique opportunities.
“Find those superbosses. Train them to be superboss leaders, and the payoff is self-evident,” Finkelstein said. “It turns out, when you do some of the things I’ve been talking about, some of the best talent starts looking for you.”
Applied Analysis Principal Analyst Jeremy Aguero closed the session with a bright forecast for Las Vegas’ economy. He presented statistics regarding the projected recession, job growth, the housing market and economic balance. To an excited crowd, Aguero relayed that Nevada is leading the nation in job creation and population growth, as well as ranking second in net migration. He attributed this unprecedented rise to lower cost of living, economic opportunities overall and higher quality of life. As the economy—and demographics—continue to diversify, the region will benefit.
“Ensuring our community is the best place not only to operate a business but work for one, the best place to live and raise a family, is how we’re going to embrace diversity and ultimately drive our economy forward,” he concluded.
Additionally, LVGEA released two publications in conjunction with Perspective. The 39th annual Perspective data book and 2019 Las Vegas Perspective Community Survey reveal data spanning a range of topics, including quality of life, infrastructure, workforce, business climate and more.
Download Jeremy Aguero’s presentation here.
View the 2019 Las Vegas Perspective Community Survey here:
Perspective would not be possible without the generous contributions and in-kind donations of event sponsors and the Perspective Council Members: Cox Communications, Applied Analysis, Ch. 13 Action News, Nevada State Bank, and Wells Fargo.
To learn more about the event, visit VegasPerspective.com.