Category: News

San Diego’s Good News of the Week – September 6, 2024

By Enya Castañeda,

Every week, ‘Good News of the Week’ features a curation of positive headlines from San Diego, delivered straight to your inbox. A blend of aggregated stories from San Diego’s most trusted news sources and original EDC-created content, GNOTW provides a comprehensive recap of the region’s best stories from the past week. GNOTW is sponsored by Manpower San Diego.

Get Good News of the Week in your inbox every Friday. → Sign up

For the week of September 6, 2024, here’s what we’re reading:

…and here are some events and opportunities:

From our partners:

San Diego’s demand for talent in business

This summer, EDC’s Advancing San Diego program, in partnership with the Border Region Talent Pipeline K-16 Collaborative, launched the 2024 Business Talent Demand Report. We gathered insights from six leading San Diego employers and surveyed 120 businesses to identify key skill gaps and in-demand entry-level roles. The report highlights high-demand positions, alongside turnover and training challenges, which emphasize the need for more intentional talent pipeline development.

Learn More

 

Business information and resources page

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Enya Castañeda
Enya Castañeda

Coordinator, Investor Relations & Marketing Communications

San Diego’s Good News of the Week – August 30, 2024

By Enya Castañeda,

Every week, ‘Good News of the Week’ features a curation of positive headlines from San Diego, delivered straight to your inbox. A blend of aggregated stories from San Diego’s most trusted news sources and original EDC-created content, GNOTW provides a comprehensive recap of the region’s best stories from the past week. GNOTW is sponsored by Manpower San Diego.

Get Good News of the Week in your inbox every Friday. → Sign up

For the week of August 30, 2024, here’s what we’re reading:

…and here are some events and opportunities:

From our partners:

San Diego surpasses Inclusive Growth goal for quality jobs, and why the work isn’t over yet

On August 14, EDC held its second Inclusive Growth Roundtable, focusing on progress toward the 2030 small business jobs goal. While small businesses in San Diego have increased the proportion of quality jobs, challenges remain, particularly with lower-paying jobs disproportionately affecting marginalized groups. Continued regional collaboration is needed to support inclusive economic growth.

Learn More

 

Business information and resources page

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Enya Castañeda
Enya Castañeda

Coordinator, Investor Relations & Marketing Communications

San Diego’s demand for talent in business

By Bridgette Coleman,

This summer in partnership with the Border Region Talent Pipeline K-16 Collaborative, EDC’s Advancing San Diego program convened six leading San Diego employers that collectively employ more than 24,000 San Diegans to participate in an Employer Working Group (EWG) and provide a real-time picture of the region’s talent demand for entry-level business roles. Additionally, 120 businesses were surveyed to gain a regional snapshot of talent demand, find gaps in business related training, and identify in-demand entry-level positions for individuals training to enter the workforce. Leveraging strategies from the U.S. Chamber of Commerce Foundation’s Talent Pipeline Management® framework, Advancing San Diego is excited to share the 2024 Business Talent Demand Report to serve as a snapshot of local demand for entry-level business professionals.

Business Talent Demand Report

This report serves as a tool for education partners to understand what skills and competencies students need for entry-level business positions in San Diego County. Based on employer feedback, the report focuses on in-demand external facing roles (Customer Service Representative and Advertising, Sales, and Marketing) and internal facing roles (Purchasing and Buying and Project Managers), and highlights the demand for Accounting, Auditing, and Bookkeeping positions which were identified as high priority by EWG participants.

Key findings

  • Twenty percent of businesses reported a high turnover in four out of eight listed in-demand occupations.
  • Lack of sufficient training or education was cited as the primary reason for hiring difficulties for entry-level business positions.
  • For non-entry level positions, lack of sufficient industry or work experience and inadequate training or education were the primary hiring challenges.
  • Employers predicted the highest job growth for purchasing and buying roles over the next 24 months, noting that 30 percent of these positions take more than six months to fill.
  • The most challenging positions to fill included supply chain and logistics positions, finance, and project manager roles, all of which reported high turnover rates.
  • Hispanic and Latino, as well as Black and African American individuals are underrepresented in entry-level business positions, indicating a need for investment in equitable access to strengthen the regional workforce.

Occupation demand

San Diego’s economy is powered by its diverse industries, from defense and technology to life sciences and manufacturing, supported by more than 71,000 business jobs. However, many employers struggle to find candidates with the necessary skills for entry-level roles, particularly as technical skills become increasingly crucial. With nearly 5,400 businesses competing for talent, the shortage of qualified candidates makes it challenging to fill positions.

Sixty-three percent of surveyed businesses noted that available talent does not have the relevant training or education, highlighting the need for better access to post-secondary education, work-based learning, and internships to strengthen talent pipelines and prepare students for success.

What’s next?

  • Save the date: Join EDC on November 13 at UC San Diego Park & Market for Advancing San Diego’s Verified Program event. More details to come.
  • Apply to be a Verified Program! Learn more about the process and benefits here. Verified Program applications close September 27.
  • Read other industries’ Talent Demand Reports here.

To learn more and get involved in EDC’s work, contact:

Bridgette Coleman
Bridgette Coleman

Manager, Talent Initiatives

Introducing USD’s Global Executive Seminar

By Bree Burris,

EDC sat down with Paula Cordeiro, PhD, Dammeyer Distinguished Professor of Global Leadership at University of San Diego’s Joan B. Kroc School of Peace Studies, to learn about an exciting new program: the Global Executive Seminar Exploring ‘Business for Good.’

The new, first of its kind program begins January 2025 and aims to serve established professionals in instituting innovative social practices to drive change.

As EDC continues to promote inclusive growth across San Diego, we know it is only with and through employer-led initiatives that we can maintain the region’s competitiveness and ensure more San Diegans can thrive here.

Here’s what Dr. Cordeiro shared:

What is the Global Executive Seminar and why introduce it now?

Business for good isn’t just a trend; it’s a critical response to our planet’s finite resources. We’ve created the Global Executive Seminar (GES) to give motivated professionals, particularly those in the mid to late stages of their careers, the knowledge, and tools to align innovative social practices with forward-thinking commercial strategies. Participants will explore models in ‘Business for Good’ through a 15-day program that begins in January blending in-person visits to businesses across Spain, Rwanda, and San Diego with online meetings and personalized consulting sessions.

Who should participate?

As folks consider transitions in careers, this USD program gives executives the tools to develop new models and practices as the foundation for new ideas or improving their existing businesses. Board members and advisors in both the for-profit and nonprofit sectors interested in best practices that are rooted in positive economic and social impacts are also welcome.

How will participants benefit?

Participants will have on-location learning at high-performing, sustainable organizations in Spain, Rwanda, and the San Diego region. In each location, we’ll showcase business leaders who have successfully balanced economic success with social and environmental impact. The seminar experience offers a global network of like-minded professionals with whom participants can collaborate, share knowledge, and form partnerships. Participants will develop action plans built on principles and strategies that can generate both financial returns and positive social and environmental outcomes.

Give us a glimpse into what you’ll focus on in San Diego.

In addition to setting the course foundation, we’ll meet with leaders from local companies including 100 percent employee-owned business Taylor Guitars, recognized globally for its commitment to social and environmental responsibility, and Dr. Bronner’s, a global leader in the certified B Corporation movement.

What can participants expect to learn in Spain and Rwanda?

Participants will meet with leading businesses in Barcelona who exemplify business for good as well as with Mondragon, the world’s largest business co-op in Bilbao. In Rwanda, participants will see the beauty and incredible rebirth of this Land of a Thousand Hills and learn about unique partnerships between businesses and government, empowering the region to become the fastest growing economy in Africa.

What is the time commitment and schedule?

  • January 2025: 3 days in San Diego
  • April 2025: 5 days in Spain
  • July 2025: 5 days in Rwanda
  • October 2025: 2 days wrap up in San Diego

What are the fees and deadlines?

Registration details are available here. Final registration deadline and fees are due December 31, and a $2,000 early bird discount is available through October 4.

For questions, contact Paula Cordeiro: cordeiro@sandiego.edu

Learn more about GES

San Diego’s Good News of the Week – August 23, 2024

By Enya Castañeda,

Every week, ‘Good News of the Week’ features a curation of positive headlines from San Diego, delivered straight to your inbox. A blend of aggregated stories from San Diego’s most trusted news sources and original EDC-created content, GNOTW provides a comprehensive recap of the region’s best stories from the past week. GNOTW is sponsored by Manpower San Diego.

Get Good News of the Week in your inbox every Friday. → Sign up

For the week of August 23, 2024, here’s what we’re reading:

…and here are some events and opportunities:

From our partners:

Commute with Enterprise, Dr. Bronner’s partner on vanpool program

EDC investor Commute with Enterprise recently partnered with Vista-based Dr. Bronner’s to launch its employee vanpool program. As part of a commitment to sustainability and employee welfare, the partnership will reduce Dr. Bronner’s carbon footprint and support its 360+ employees amidst the region’s rising cost of living through reduced commuting expenses.

Learn More

 

Business information and resources page

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Enya Castañeda
Enya Castañeda

Coordinator, Investor Relations & Marketing Communications

Dr. Bronner’s engages Commute with Enterprise for vanpool program

By EDC & Dr. Bronner’s,

Vista-based personal care products manufacturer Dr. Bronner’s has launched a new employee vanpool program with EDC investor Commute with Enterprise. Through this program, Enterprise Rent-A-Car provides the company with two vehicles to support 10 employees in vanpooling to work daily.

A testament to its commitment to sustainability and employee welfare, Dr. Bronner’s engaged Commute with Enterprise in order to reduce its carbon footprint and support its 360+ employees amidst the region’s rising cost of living.

As part of its core values, Dr. Bronner’s recognizes environmental impact extends beyond the production process. Engaging in Commute with Enterprise’s vanpooling program is a step in reducing that impact as well as aligning with its Earth First principle.

The program also allows employees to save on fuel, maintenance, and wear and tear on personal vehicles and is particularly beneficial for younger workers, lower-income households, and employees from communities of color, who often face the greatest challenges with transportation. As the Dr. Bronner’s facility is in a commercial area with limited pedestrian and public transit access, Commute with Enterprise provides a reliable and affordable commuting option, removes barriers and helps employees, and promotes inclusive growth across the region.

Currently, the program is saving employees $34,200 annually, and 60,240 commuter miles are reduced per year.

By the numbers

  • Employees pay $50 per month, compared to $285 for solo commuting (IRS, 2024).
  • Emergency ride credit of $500 per car provided by SANDAG covers three emergency rides home per year, per participant.
  • One vehicle with five employees commuting an average of 25 miles round trip reduces CO2 emissions by more than 10 metric tons per year compared to individual driving.
  • Program aims to save 25 parking spaces with future growth.

“Our partnership with Commute with Enterprise started with a serendipitous call amidst early research into vanpooling programs. This led to months of discussions and planning that culminated in the launch of a pilot program that focused on first-shift production employees. They have consistent shift times and are the most impacted by transportation challenges. This makes them the ideal group to benefit from this initiative.

We encourage other companies to explore similar initiatives and contribute to a more sustainable future.”

—Brennan Ziegler, Dr. Bronner’s

The Dr. Bronner’s + Commute with Enterprise partnership offers a strong example of how the region’s employers can support their staff and drive inclusive growth.

Read Dr. Bronner’s full writeup.

Join the movement. Learn more about the region’s Inclusive Growth goals.

San Diego’s Good News of the Week – August 16, 2024

By Enya Castañeda,

Every week, ‘Good News of the Week’ features a curation of positive headlines from San Diego, delivered straight to your inbox. A blend of aggregated stories from San Diego’s most trusted news sources and original EDC-created content, GNOTW provides a comprehensive recap of the region’s best stories from the past week. GNOTW is sponsored by Manpower San Diego.

Get Good News of the Week in your inbox every Friday. → Sign up

For the week of August 16, 2024, here’s what we’re reading:

…and here are some events and opportunities:

From our partners:

Last call: Join us at EDC’s Summer Bash

Together with Alexandria Real Estate Equities, Inc. and Novo Brazil Brewing Co., join us August 22 at EDC’s annual Summer Bash. Meet our keynote speaker Vividion Therapeutics’ President and CEO Aleksandra Rizo, and enjoy a lively evening celebrating all that makes San Diego: Life. Changing.

Get Tickets!

 

Business information and resources page

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Enya Castañeda
Enya Castañeda

Coordinator, Investor Relations & Marketing Communications

A note from Mark

By Mark Cafferty,

Inspiring leadership, culture, and coaching

How would it feel if all your employees truly loved their job at your company? What if your entire team was dedicated to your company’s mission, vision, culture, and values?

These questions formed the foundation of a wonderful and impactful discussion that a small group of our EDC board members and investors got to have with retired WD-40 CEO Garry Ridge last month.

If you knew Garry when he was on our board or crossed paths with him over the years in San Diego, you know that he is relentlessly dedicated to people, culture, and continuous learning and growth. You feel it in every conversation you have with him and in every presentation you hear him make. Garry never viewed himself as a manager of people, but rather a coach who had the privilege of helping every team member he supported meet their true potential while finding joy and meaning in the work. And even in his retirement, Garry is still coaching and helping other business leaders grow to see themselves in new and different lights, and to find and embrace every learning moment.

As the summer months wind down, Garry’s words serve as a great reminder to make sure we are always putting the needs of our teams first, and that we are continuously challenging ourselves to live the missions, visions, and values we so often speak of—because “happy people create happy communities” right here in San Diego.

While our EDC board and executive committee do not meet in the month of August, we hope to see many of you at our Summer Bash on August 22 for an inspiring keynote from Vividion Therapeutics President and CEO Aleksandra Rizo, local drinks and bites, live music, and more than 350 innovators like you.

With gratitude,

Mark Cafferty
Mark Cafferty

President & CEO

Read EDC’s monthly report

San Diego’s Good News of the Week – August 9, 2024

By Enya Castañeda,

Every week, ‘Good News of the Week’ features a curation of positive headlines from San Diego, delivered straight to your inbox. A blend of aggregated stories from San Diego’s most trusted news sources and original EDC-created content, GNOTW provides a comprehensive recap of the region’s best stories from the past week. GNOTW is sponsored by Manpower San Diego.

Get Good News of the Week in your inbox every Friday. → Sign up

For the week of August 9, 2024, here’s what we’re reading:

…and here are some events and opportunities:

From our partners:

Three things to expect at EDC’s Summer Bash

Ready to join EDC and Alexandra Real Estate for our summer party on August 22? We’ll enjoy an inspiring keynote from Vividion Therapeutics’ President and CEO Aleksandra Rizo, hosted food and drinks, good vibes, live music, and more than 350 San Diego: Life. Changing. innovators like you!

Learn More & Get Tickets!

 

Business information and resources page

Be in the know – sign up below to receive future editions of GNOTW.

Want to submit your event or news update to our weekly newsletter? Contact us for more information.

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Enya Castañeda
Enya Castañeda

Coordinator, Investor Relations & Marketing Communications

San Diego’s Good News of the Week – August 2, 2024

By Enya Castañeda,

Every week, ‘Good News of the Week’ features a curation of positive headlines from San Diego, delivered straight to your inbox. A blend of aggregated stories from San Diego’s most trusted news sources and original EDC-created content, GNOTW provides a comprehensive recap of the region’s best stories from the past week. GNOTW is sponsored by Manpower San Diego.

Get Good News of the Week in your inbox every Friday. → Sign up

For the week of August 2, 2024, here’s what we’re reading:

…and here are some events and opportunities:

From our partners:

Join us at EDC’S 2024 Summer Bash!

Together with Alexandria Real Estate Equities, Inc., EDC invites you to join us August 22 at our annual Summer Bash celebration. NOVO Kombucha in hand, guests will enjoy an inspiring keynote from Vividion Therapeutics’ President and CEO Aleksandra Rizo. Get to know 400+ industry leaders who continue to make San Diego: Life. Changing.

Purchase Tickets Here!

 

Business information and resources page

Be in the know – sign up below to receive future editions of GNOTW.

Want to submit your event or news update to our weekly newsletter? Contact us for more information.

sign up for gnotw

Enya Castañeda
Enya Castañeda

Coordinator, Investor Relations & Marketing Communications