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Author Archives: JP Donlon

JP Donlon is the Editor-in-Chief of Chief Executive magazine.

New Mexico Is 30th Best State for Business 2014

New Mexico’s GDP growth is significantly lower than other states at just 0.2%, compared to Florida’s 2.4% and Texas’ 4.8%. However, both its unemployment and tax rates are lower than the national average (6.4% and 8.4%, respectively). It's also suffering from growing pains, including traffic gluts and increased crime in the Carlsbad area. In Albuquerque, the city has received a $100,000 grant, which it plans to use to build a research district, called Innovate Albuquerque, and generate new jobs.

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Louisiana is the 9th Best State for Business 2014

Having jumped 31 positions from 40th in 2010, Louisiana is the Cinderella state of Chief Executive’s ranking, proving that a concerted effort to transform old habits and policies can truly pay off. The state’s labor and economic development departments are currently preparing for a job boom in the hundreds of thousands.

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New York is the 2nd Worst State for Business, Ranking 49th in 2014

New York’s high-tech startup, STARTUP-NY, designed to bring jobs to New York, poses some concerns. Critics feel that it is too narrowly focused in terms of the types of companies they are trying to attract and the places where they can be located, and have complained about everything from the cost of the advertising to the political motivations behind it.

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Delaware is the 23rd Best State for Business 2014

Geographically, Delaware is well-positioned for all types of commerce. There are many ways in which this small but mighty state could move forward, and it will be exciting to follow their growth strategy in the year ahead. The first state to ratify the constitution, Delaware is a favored state for incorporation while still remaining “small and personal,” Gov. Markell said.

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GE CEO Jeff Immelt on the Future of GE-and of American Manufacturing

Not long ago, materials were cheap and labor was expensive. Today, the reverse is true, which is why it makes sense to re-shore production in many sectors. But more importantly, the product is increasingly part of the process, driving more companies to embed their know-how and innovativeness with the product itself, says GE CEO Jeff Immelt. That and the prospect of cheaper energy due to the fracking revolution will boost manufacturing in America.

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Fixing What Ails CEOs

The career of former Novartis CEO Dan Vasella began in medicine, expanding first to business and, more recently, to coaching and advising CEOs. CEOs’ greatest gift, he argues, should be teaching those on their way up.

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