| RATINGS1 | DEVELOPMENT TREND INDICATOR | ||||||
|---|---|---|---|---|---|---|---|
| STATE | TAXATION AND REGULATION |
WORKFORCE QUALITY |
LIVING | DIRECTION | COMMENT | ||
| Alabama | 6.59 | 6.06 | 6.41 | ↑ | Change in political control unleashes efforts to tackle businesses’ concerns. | ||
| Alaska | 6.65 | 5.30 | 4.85 | ↔ | Light tax burden struggles to overcome other impediments to competitiveness. | ||
| Arizona | 6.91 | 6.72 | 7.13 | ↑ | Entrepreneurial activity surges as companies hope for personal-property tax relief. | ||
| Arkansas | 6.63 | 6.05 | 6.75 | ↔ | Agreeable environment on taxes and other business concerns continues. | ||
| California | 1.74 | 5.82 | 6.73 | ↓ | Sucking sound continues as frustrated businesses leave state for friendlier climes. | ||
| Colorado | 6.48 | 7.74 | 8.55 | ↔ | Business has backed health-insurance exchange; entrepreneurs still like the mountains. | ||
| Connecticut | 2.61 | 6.76 | 6.24 | ↔ | Businesses in high-tax state bracing for possible boost in minimum wage. | ||
| Delaware | 7.81 | 7.39 | 7.36 | ↔ | Entrepreneurs buck economy but companies fret about push to raise minimum wage. | ||
| Florida | 7.27 | 6.73 | 8.07 | ↑ | New tax relief—and boosterish Gov. Scott—excite owners and executives. | ||
| Georgia | 6.61 | 7.31 | 7.55 | ↑ | More conservative statehouse holds line on taxes; workforce becomes major plus. | ||
| Hawaii | 2.92 | 4.26 | 8.66 | ↔ | Tax-and-regulate approach to business also stifles entrepreneurial gains. | ||
| Idaho | 7.18 | 7.69 | 8.28 | ↔ | Keeps entrepreneurs happy with fewest health mandates of any state. | ||
| Illinois | 2.31 | 5.84 | 5.11 | ↓ | New tax burdens drive business-unfriendliness to new lows. | ||
| Indiana | 7.40 | 7.73 | 7.27 | ↑ | Becoming right-to-work state already making it a bigger magnet for business. | ||
| Iowa | 6.42 | 7.70 | 7.19 | ↑ | Does better job of harnessing locational possibilities for food technology. | ||
| Kansas | 6.75 | 7.55 | 6.80 | ↔ | Inches up in several new measures of business friendliness. | ||
| Kentucky | 5.84 | 6.68 | 6.61 | ↓ | State focus on gambling issue robs attention from needed business reforms. | ||
| Louisiana | 7.03 | 6.83 | 7.21 | ↑ | Surge in business-friendliness continues with reforms in education and public pensions. | ||
| Maine | 3.75 | 6.33 | 7.25 | ↑ | New governor’s tax cuts gain business favor and spur some job growth. | ||
| Maryland | 3.63 | 6.34 | 6.08 | ↓ | Income-tax increases on “middle class” nick and frustrate business owners. | ||
| Massachusetts | 2.33 | 6.39 | 5.43 | ↔ | Entrepreneurs leveraging brainpower, but new family-leave law bites companies. | ||
| Michigan | 3.44 | 5.19 | 4.56 | ↑ | Tax cuts and simplification bode well for future under new Gov. Snyder. | ||
| Minnesota | 3.82 | 7.14 | 6.57 | ↓ | Divided statehouse stalls progress on tort reform and other business concerns. | ||
| Mississippi | 5.81 | 5.10 | 5.14 | ↑ | Business-friendly politics are newly in the air, encouraging companies and owners. | ||
| Missouri | 5.71 | 6.42 | 6.57 | ↔ | Surges in entrepreneurial activity and holds its own in tax climate for business. | ||
| Montana | 7.35 | 6.85 | 7.85 | ↑ | Politicians address effects of dangerous jobs in boosting worker’s comp rates. | ||
| Nebraska | 7.47 | 7.82 | 7.24 | ↓ | Tax-friendliness can’t overcome other stresses on business and job creation. | ||
| Nevada | 8.03 | 6.33 | 6.53 | ↑ | New Gov. Sandoval whacks regulations to try to jump-start moribund economy. | ||
| New Hampshire | 6.91 | 7.17 | 7.52 | ↔ | Statehouse continues tax-friendly ways and nurtures entrepreneurial spark. | ||
| New Jersey | 2.95 | 6.00 | 5.04 | ↑ | Gov. Christie’s boldness rallies business, but possible minimage-wage boost looms. | ||
| New Mexico | 4.75 | 4.90 | 6.35 | ↔ | Businesses would like to see more progress on regulatory morass. | ||
| New York | 2.12 | 6.11 | 5.09 | ↔ | Gov. Cuomo has pleasantly surprised business but plenty of problems remain. | ||
| North Carolina | 7.09 | 7.95 | 8.41 | ↓ | Stalled recently on issues including tort reform, school funding and taxes. | ||
| North Dakota | 8.65 | 7.61 | 5.87 | ↑ | Drilling makes frothy economy ever better, creating growth and opportunity. | ||
| Ohio | 4.25 | 6.38 | 5.89 | ↑ | Public-pension ploy didn’t work, but bellwether state is going business-friendly. | ||
| Oklahoma | 7.31 | 7.14 | 6.74 | ↔ | Business-friendliness keeps bringing influx of workers and companies. | ||
| Oregon | 3.50 | 5.73 | 6.95 | ↓ | Slips in a year when battle over health-insurance exchange dominates. | ||
| Pennsylvania | 3.97 | 6.44 | 6.10 | ↑ | While fracking ignites economy, statehouse helps with badly needed tort reform. | ||
| Rhode Island | 2.55 | 5.79 | 5.89 | ↓ | Puts big burdens on business as state struggles to escape fiscal hole. | ||
| South Carolina | 7.02 | 7.04 | 7.79 | ↔ | Is now tackling reform of taxes, worker’s comp and unemployment insurance. | ||
| South Dakota | 8.71 | 7.42 | 6.75 | ↓ | Suffers with middling company-friendliness and sti! competition to north. | ||
| Tennessee | 7.78 | 7.37 | 7.94 | ↔ | Business community awaits substantial unemployment-insurance reform. | ||
| Texas | 8.58 | 8.05 | 7.94 | ↔ | Still a leading jobs magnet, but persistent drought pinches many businesses. | ||
| Utah | 7.95 | 8.73 | 8.43 | ↔ | Ground-breaking health-insurance exchange is big new risk in business-friendly state. | ||
| Vermont | 2.35 | 5.35 | 5.85 | ↔ | Nation’s sole single-payer health-reform law awaits Obamacare decision. | ||
| Virginia | 7.07 | 7.98 | 8.07 | ↑ | Has focused on entrepreneur-friendliness and leveraging higher-ed advantages. | ||
| Washington | 4.34 | 6.68 | 6.70 | ↔ | Lack of income tax strains to hide other financial and regulatory snares for business. | ||
| West Virginia | 5.36 | 5.28 | 5.12 | ↔ | Excitement over business potential of Marcellus Shale isn’t yet realized. | ||
| Wisconsin | 5.56 | 7.48 | 7.27 | ↑ | New conservative statehouse is shaking things up, drawing business favor. | ||
| Wyoming | 8.89 | 7.50 | 7.51 | ↔ | Feather-light tax burden can only get so much done; awaiting more gas drilling. | ||
| STATE GDP2 | UNEMPLOYMENT3 | ||||||
|---|---|---|---|---|---|---|---|
| STATE | % GROWTH 2007-2010 |
% 2007–2010 GROWTH vs. NAT’L AVERAGE (-0.33) |
UNEMPLOYMENT RATE % DEC. 2011 |
COMPARISON WITH NATIONAL UNEMPLOYMENT RATE % (8.50%) |
|||
| Alabama | -1.10% | -0.76% | 8.10 | 0.40 | |||
| Alaska | 10.53% | 10.86% | 7.30 | -1.20 | |||
| Arizona | -6.70% | -6.37% | 8.70 | 0.20 | |||
| Arkansas | 0.69% | 1.03% | 7.70 | -0.80 | |||
| California | -2.08% | -1.74% | 11.10 | 2.60 | |||
| Colorado | 2.84% | 3.17% | 7.90 | -0.60 | |||
| Connecticut | 0.51% | 0.85% | 8.20 | -0.30 | |||
| Delaware | -1.54% | -1.21% | 7.40 | -1.10 | |||
| Florida | -5.70% | -5.36% | 9.90 | 1.40 | |||
| Georgia | -4.42% | -4.08% | 9.70 | 1.20 | |||
| Hawaii | -0.56% | -0.23% | 6.60 | -1.90 | |||
| Idaho | -1.57% | -1.23% | 8.40 | -0.10 | |||
| Illinois | -1.74% | -1.40% | 9.80 | 1.30 | |||
| Indiana | -1.41% | -1.08% | 9.00 | 0.50 | |||
| Iowa | 0.30% | 0.64% | 5.60 | -2.90 | |||
| Kansas | 0.00% | 0.34% | 6.30 | -2.20 | |||
| Kentucky | 1.66% | 1.99% | 9.10 | 0.60 | |||
| Louisiana | 5.29% | 5.62% | 6.80 | -1.70 | |||
| Maine | -0.81% | -0.48% | 7.00 | -1.50 | |||
| Maryland | 3.06% | 3.39% | 6.70 | -1.80 | |||
| Massachusetts | 2.35% | 2.69% | 6.80 | -1.70 | |||
| Michigan | -6.37% | -6.03% | 9.30 | 0.80 | |||
| Minnesota | 1.56% | 1.89% | 5.70 | -2.80 | |||
| Mississippi | 0.06% | 0.39% | 10.40 | 1.90 | |||
| Missouri | -1.05% | -0.72% | 8.00 | -0.50 | |||
| Montana | -1.22% | -0.88% | 6.80 | -1.70 | |||
| Nebraska | 3.39% | 3.73% | 4.10 | -4.40 | |||
| Nevada | -10.04% | -9.70% | 12.60 | 4.10 | |||
| New Hampshire | -0.47% | -0.13% | 5.10 | -3.40 | |||
| New Jersey | -1.33% | -1.00% | 9.00 | 0.50 | |||
| New Mexico | 4.42% | 4.76% | 6.60 | -1.90 | |||
| New York | 1.55% | 1.88% | 8.00 | -0.50 | |||
| North Carolina | 0.12% | 0.46% | 9.90 | 1.40 | |||
| North Dakota | 18.24% | 18.57% | 3.30 | -5.20 | |||
| Ohio | -3.73% | -3.39% | 8.10 | -0.40 | |||
| Oklahoma | 2.87% | 3.20% | 6.10 | -2.40 | |||
| Oregon | 2.44% | 2.78% | 8.90 | 0.40 | |||
| Pennsylvania | 1.44% | 1.77% | 7.60 | -0.90 | |||
| Rhode Island | -1.14% | -0.80% | 10.80 | 2.30 | |||
| South Carolina | -2.18% | -1.84% | 9.50 | 1.00 | |||
| South Dakota | 9.84% | 10.17% | 4.20 | -4.30 | |||
| Tennessee | -0.91% | -0.58% | 8.70 | 0.20 | |||
| Texas | 3.13% | 3.46% | 7.80 | -0.70 | |||
| Utah | 1.10% | 1.43% | 6.00 | -2.50 | |||
| Vermont | 1.17% | 1.50% | 5.10 | -3.40 | |||
| Virginia | 3.70% | 4.04% | 6.20 | -2.3 | |||
| Washington | 0.21% | 0.54% | 8.50 | 0.00 | |||
| West Virginia | 6.90% | 7.23% | 7.90 | -0.60 | |||
| Wisconsin | -1.45% | -1.11% | 7.10 | -1.40 | |||
| Wyoming | 15.44% | 15.77% | 5.80 | -2.70 | |||
| DOMESTIC MIGRATION4 | STATE GOVERNMENT5 | STATE-LOCAL TAX BURDEN6 | ||||
|---|---|---|---|---|---|---|
| STATE | DOMESTIC NET MIGRATION (2000-2009) |
RANK | DEBT PER CAPITA FISCAL YEAR 2010 |
STATE & LOCAL GOV’T EMPLOYEES PER 10,000 RESIDENTS |
RATE | COMPARED TO NATIONAL AVERAGE (9.8%) |
| Alabama | 87,199 | 14 | 1,841 | 615.31 | 8.50% | -1.30% |
| Alaska | -7,630 | 29 | 9,032 | 766.00 | 6.35% | -3.45% |
| Arizona | 696,793 | 3 | 2,188 | 473.07 | 8.67% | -1.13% |
| Arkansas | 75,163 | 16 | 1,464 | 585.28 | 9.87% | 0.07% |
| California | -1,490,105 | 49 | 4,008 | 504.56 | 10.59% | 0.79% |
| Colorado | 202,735 | 10 | 3,335 | 541.89 | 8.59% | -1.21% |
| Connecticut | -94,376 | 41 | 8,465 | 537.40 | 12.03% | 2.23% |
| Delaware | 45,424 | 18 | 6,157 | 598.78 | 9.58% | -0.22% |
| Florida | 1,154,213 | 1 | 2,155 | 489.48 | 9.25% | -0.55% |
| Georgia | 550,369 | 5 | 1,426 | 545.70 | 9.12% | -0.68% |
| Hawaii | -29,022 | 33 | 5,682 | 559.77 | 9.62% | -0.18% |
| Idaho | 110,279 | 13 | 2,478 | 538.62 | 9.37% | -0.43% |
| Illinois | -614,616 | 48 | 4,790 | 503.13 | 9.97% | 0.17% |
| Indiana | -21,467 | 32 | 3,650 | 536.29 | 9.49% | -0.31% |
| Iowa | -49,589 | 39 | 1,690 | 611.24 | 9.53% | -0.27% |
| Kansas | -67,762 | 40 | 2,276 | 676.73 | 9.71% | -0.09% |
| Kentucky | 81,711 | 15 | 3,323 | 582.67 | 9.28% | -0.52% |
| Louisiana | -311,368 | 44 | 3,861 | 605.08 | 8.18% | -1.62% |
| Maine | 29,260 | 23 | 4,542 | 580.68 | 10.13% | 0.33% |
| Maryland | -95,775 | 42 | 4,250 | 535.20 | 10.01% | 0.21% |
| Massachussets | -274,772 | 43 | 11,310 | 517.50 | 10.02% | 0.22% |
| Michigan | -537,471 | 47 | 3,251 | 491.02 | 9.67% | -0.13% |
| Minnesota | -46,635 | 38 | 2,206 | 541.81 | 10.29% | 0.49% |
| Mississippi | -36,061 | 35 | 2,182 | 647.68 | 8.73% | -1.07% |
| Missouri | 41,278 | 20 | 3,416 | 557.33 | 9.05% | -0.75% |
| Montana | 39,853 | 21 | 4,430 | 585.20 | 8.74% | -1.06% |
| Nebraska | -39,275 | 36 | 1,279 | 642.00 | 9.81% | 0.01% |
| Nevada | 361,512 | 6 | 1,646 | 431.88 | 7.48% | -2.32% |
| New Hampshire | 32,588 | 22 | 6,341 | 550.01 | 8.04% | -1.76% |
| New Jersey | -451,407 | 46 | 6,944 | 592.98 | 12.21% | 2.41% |
| New Mexico | 26,383 | 24 | 4,261 | 680.41 | 8.38% | -1.42% |
| New York | -1,649,644 | 50 | 6,694 | 634.48 | 12.06% | 2.26% |
| North Carolina | 663,892 | 4 | 1,983 | 599.65 | 9.78% | -0.02% |
| North Dakota | -18,071 | 31 | 3,282 | 649.49 | 9.47% | -0.33% |
| Ohio | -361,038 | 45 | 2,703 | 534.59 | 9.71% | -0.09% |
| Oklahoma | 42,284 | 19 | 2,664 | 597.88 | 8.70% | -1.10% |
| Oregon | 177,375 | 11 | 3,533 | 509.15 | 9.76% | -0.04% |
| Pennsylvania | -33,119 | 34 | 3,526 | 478.44 | 10.05% | 0.25% |
| Rhode Island | -45,159 | 37 | 9,018 | 510.84 | 10.72% | 0.92% |
| South Carolina | 306,045 | 7 | 3,419 | 577.25 | 8.07% | -1.73% |
| South Dakota | 7,182 | 27 | 4,291 | 545.70 | 7.59% | -2.21% |
| Tennessee | 259,711 | 8 | 922 | 527.75 | 7.61% | -2.19% |
| Texas | 838,126 | 2 | 1,679 | 563.86 | 7.89% | -1.91% |
| Utah | 53,390 | 17 | 2,356 | 494.85 | 9.68% | -0.12% |
| Vermont | -1,505 | 28 | 5,585 | 641.03 | 10.18% | 0.38% |
| Virginia | 164,930 | 12 | 3,131 | 574.02 | 9.11% | -0.69% |
| Washington | 239,037 | 9 | 4,098 | 527.25 | 9.31 | -0.49% |
| West Virginia | 17,727 | 26 | 3,860 | 558.46 | 9.39% | -0.41% |
| Wisconsin | -11,981 | 30 | 3,929 | 503.04 | 10.98% | 1.18% |
| Wyoming | 22,883 | 25 | 2,694 | 918.30 | 7.80% | -2.00% |
Sources: Sources: 1Chief Executive Magazine, 2Bureau of Economic Analysis, 3Bureau of Labor Statistics, 4NewGeography.com, 5,6The Tax Foundation
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
