An efficient transportation system that meets the needs of business is key to a strong regional economy.  Fortunately, in Hampton Roads we have observed firsthand the beginning of a successful regional effort to advance many of our region’s strategic transportation projects.  Through the Hampton Roads Transportation Planning Organization (HRTPO), our region’s elected officials have identified and prioritized our region’s most important transportation projects.  Funding plans and strategies for these projects have been developed by the Hampton Roads Transportation Accountability Commission (HRTAC).  The majority of the funds being used by HRTAC to advance these projects has come from a regional gas tax and sales and use tax, which only exists in two Virginia regions; Hampton Roads and Northern Virginia. 

Do We Need a New Culture?

Black history month brings to mind the accomplishments and the profound influence that
African Americans have had on America.  Here in Hampton Roads we are rich in history and diversity and home to two of the nation’s top historically black colleges and universities. The talent and achievements of African-American business leaders can be felt throughout the region. From Norfolk Mayor Kenneth Alexander’s victory as the first African-American mayor of Norfolk, to Suffolk native Dr. L.D. Britt, Chairman at Eastern Virginia Medical School and the first black doctor to have an endowed chair in surgery, to Barbara Ciara, WTKR-TV Channel 3, news anchor and groundbreaker in media and communications.

As we ring in a new year with renewed focus and energy, we turn our attention to evaluating priorities and commit to upholding them throughout the year.  The Hampton Roads Chamber again this year will be unwaveringly resolute in our commitment to the business community and our support of initiatives for Veteran job transition.  Finding talented, skilled and competent workers is an unequivocal prerequisite to a business’s success and we are fortunate to have a pool of highly skilled, dedicated, subject matter experts in our transitioning military service members.  Utilizing this invaluable resource provides a unique advantage for the Hampton Roads business community.

Collaboration! We’re intentional in our efforts to work together for the greater good of the region. There’s never more than three degrees separation between us. We all understand the power of collective impact and the second and third order effects of our united efforts. We know a rising tide floats all boats. These are just some of the themes and messages that were consistent and common to all during our Inter Regional Visit (IRV) to Nashville recently. Without exception every community leader we spoke to illuminated the importance of working together toward a shared vision as a key element to their region’s phenomenal economic success.

Many years ago, I had the distinct honor of serving as chief of staff of one of the most decorated and combat-tested divisions in the Army, the 10th Mountain Division (light infantry) stationed at Fort Drum, New York.

If you want something done right, do it yourself. Right?

Businesses require an immense variety of wares to operate in our fast-paced world. In this era of virtual offices, e-commerce and Skype business meetings, one might suggest the internet is the most important commodity to a successful modern day business. It is no doubt important, but I’d argue the single most important commodity for today’s businesses is the same as it has always been, way before the internet and other forms of modern technology.

ROI. P&L. EBITA. There are a lot of acronyms business owners need to be familiar with to ensure their success. They stand for concepts and metrics that are well-known in the business world and often discussed in quarterly presentations in executive board rooms. But perhaps the most important acronym for running a business isn’t necessarily representative of profits, earnings or returns on investment.

ACROSS THE country, states and localities are trying to find money to fix ailing infrastructure. Six states this year have already passed legislation to fund improvements. And nationally, infrastructure has become a rallying cry for policymakers on both sides of the aisle. In Virginia, our biggest infrastructure concern lies in our ability to move around the commonwealth.