The workforce landscape in Nevada is changing. And while much of it is for the better, Nevada businesses are still grappling with a disconnect between their needs and the availability and skill level of applicants. Leadership in Nevada takes a collaborative approach and have resources to help recruit, train and retain the right people. Recently, a group of workforce … [Read more...] about Industry Focus
Nevada State Bank
Industry FocusSports
Professional sports have had a tremendous impact on Nevada in a short time. The industry has shifted the economy, created thousands of jobs and enhanced tourism, not to mention the impact to the community at large. In essence, Nevada has leveled up. Once known as simply the entertainment capital of the world, the Silver State can now proudly add sport’s capital of the world to … [Read more...] about Industry Focus
Industry FocusBrokers
Political uncertainty, limited inventory and land, and extensive red tape are only some of the challenges facing the commercial real estate industry. Added to that is the looming concern of brokers becoming obsolete due to AI and an upcoming workforce that demands higher salaries without showing up to the office. The commercial real estate industry has never been a career for … [Read more...] about Industry Focus
Industry FocusBuilders & Developers
From the Great Recession to the COVID pandemic, builders and developers in Nevada, like many other industries, have experienced years of challenging ups and downs. Interest rates, available land and governmental roadblocks can all become major hurdles to project completion in construction and planning. While navigating these issues, organizational leaders are also … [Read more...] about Industry Focus
Industry FocusMining
Although mining has changed drastically in the last century, the perception of the industry has not. Many people still think miners carry pickaxes and shovels and daily risk life and limb to provide for their families. The reality is that modern day mining is highly sophisticated, and Nevada is foraging the path for mining practices that are being adopted worldwide. And yet, … [Read more...] about Industry Focus
Industry FocusHealthcare
Healthcare in Nevada hasn't always had a stellar reputation. From access and cost to professional burnout, the Silver State has a myriad of challenges. But when a suspicious spot shows up on a CAT scan or a bizarre symptom manifests itself Nevadan’s rely on medical professionals. Recently, a group of healthcare leaders met at a roundtable sponsored by Nevada State … [Read more...] about Industry Focus
Industry FocusAttorneys
Regardless of societal changes or law interpretation, professional attorneys have a reputation for maintaining core values while navigating the complex field of legalities. Values of being best in class, putting in long hours and aspiring to climb the corporate ladder have been bedrocks to attorneys. However, as the baby boomer generation retires, those core values are … [Read more...] about Industry Focus
Investing in the FutureCommercial Real Estate Investment in Nevada
There are five types of commercial real estate investment properties: office, industrial, retail, multifamily, and the niche market of hotel or hospitality properties. There are a handful of other products, but those are the most common for investors to take interest in. There are also different types of commercial real estate (CRE) investors. "You have investors … [Read more...] about Investing in the Future
Banking on NevadaThe Changing Landscape of Nevada’s Banking Industry
Over the last five years, the banking industry has seen significant changes, including the use of technology, client behavior and economic downturns. "The pandemic played the biggest role [in changing the industry], but some of the changes were already beginning to transpire," said David Navarro, Nevada regional president, Enterprise Bank & Trust. Flexible work … [Read more...] about Banking on Nevada
Industry FocusBankers
From the recent COVID pandemic that resulted in a changed workforce, to rising interest rates and an overall lack of trust in the industry, bankers have had a front row seat to a dynamic market. These challenges have resulted in bankers becoming more focused and client centered. Recently, bankers met at a roundtable sponsored by City National Bank and held in Las Vegas to … [Read more...] about Industry Focus
Nevada Business AwardsRecognizing Excellence
Nevada State Bank Nevada State Bank is proud to be the presenting sponsor of the 2023 Nevada Business Awards, joining with business leaders across the state to recognize and celebrate the accomplishments of outstanding local companies. Each business being honored today is unique, with its own history, its own set of challenges to be overcome and its own list of victories … [Read more...] about Nevada Business Awards
Banking on NevadaHealthy Growth Post-Pandemic
"Overall, '22 was a strong year for earnings for the banking industry," said Terry Shirey, president and CEO of Nevada State Bank. "A lot of loan growth occurred, historic loan growth. We had very low interest rates when we started the year, very strong economic conditions and that really played out on bank balance sheets where we were able to do a lot of high-quality new loan … [Read more...] about Banking on Nevada
Nevada Business Awards2022
Nevada Business Magazine, along with corporate sponsor Nevada State Bank, is honored to recognize and support Nevada businesses for their hard work. Congratulations to all of this year’s finalists. The Judges A special thank you to the distinguished panel of judges for their work in identifying this year’s finalists out of hundreds of nominees and for the unenviable … [Read more...] about Nevada Business Awards
Last WordWhat are your hopes for the New Year?
Dr. Ali Nairizi Board Certified Interventional Pain Specialist and AnesthesiologistReno-Tahoe Pain Associates and United Pain Urgent Care “I hope the urgent pain care concept will become an accepted and integrated part of our healthcare system. It’s imperative that we address acute injuries upfront to reduce opioid misuse and abuse while removing the stigma associated … [Read more...] about Last Word
Cybersecurity for Business OwnersMinimize Risk, Maximize Security
All businesses, from corporate giants to mom and pop enterprises, have data that needs to be protected. This is one instance where the size and type of a business is irrelevant. “That’s a real challenge that small businesses haven’t quite learned to cope with,” said Brian Fricke, chief information security officer, City National Bank. “You can outsource a lot of things, of … [Read more...] about Cybersecurity for Business Owners