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Archive for July, 2018

The Importance of Workforce Diversity, Inclusion in New Hampshire

Thursday, July 19th, 2018

On air with New Hampshire Business Matters, WTPL-FM

New Hampshire Business Matters airs every third Wednesday of the month on WTPL-FM 107.7. Division of Economic Development Director Will Arvelo hosts the segments, discussing topics of interest in today’s state economy.


Tune into this month’s edition of New Hampshire Business Matters.


This month’s guest is Paula Parnagian of Eversource and the discussion is about the importance of workforce diversity and inclusion in New Hampshire.

 

 

 

 

 

 

Increasing Diversity, Inclusion in New Hampshire Makes it Stronger, Infuses Fresh Ideas

Tuesday, July 17th, 2018

Will Arvelo ~ NH Division of Economic Development

Will Arvelo is the director of the New Hampshire Division of Economic Development. – ed.

Diversity plays a valuable role in our communities and state; from it comes fresh ideas, innovation and new ways to look at old ways. Insuring that New Hampshire’s population continues to diversify and be inclusionary is a priority of the Division of Economic Development.

Data shows that New Hampshire’s population is becoming more diverse. According to the U.S. Census Bureau, the non-white population, including those that identify with two or more races, increased to 6.4 percent in 2017 and Latinos make up almost 4 percent of the population.

While these percentages may seem small in comparison to southern New England, it is undeniable that New Hampshire is changing and becoming more diverse.

As New Hampshire continues to evolve as part of a broader international community and as the U.S. continues to see significant demographic changes, the demographics within our state will also shift to reflect those changes.

In 2012, 21 percent of the U.S. population was non-white, or of two or more races. Also that year, 17 percent of the total U.S. population was of Latino/Hispanic descent. By 2060, the U.S. non-white population and those with two races or more will exceed 30 percent and those of Latino descent will also exceed 30 percent.

For our employers who are increasingly concerned about their ability to attract and retain a diverse workforce, this diversification is welcome in New Hampshire. Many are instituting initiatives to make their workplaces more welcoming and accepting of, not only different ways of thinking, but people’s differences.  We also know that younger people, white and non-white, prefer to be in diverse communities, whether that be their workplaces or living spaces.

This is good for all of us.


New Hampshire, like its neighboring states, is still challenged in its efforts to attract and retain a more diverse demographic. To that end, we are focusing on ways to be a state that is welcoming, accepting, and supportive. If we are to widen our competitive advantage, we need a diverse workforce.


There are many efforts in corporations, including Eversource, Eastern Bank, Hutchinson and others, and communities building advocacy and sustainability to achieve this goal. In addition, agencies including The Endowment for Health; Diversity Workforce Coalition; NAACP of the Seacoast; AARP, Welcome New Hampshire and many others that are working to make improvements across our state.

The Governor’s Advisory Council on Diversity and Inclusion will be central to this effort, with its recommendations due later this year. They will be used to create a sweeping, unifying strategy that brings all these efforts together to leverage resources, build a collective vision, build capacity, and have deep impact within a short time.

On July 26, a statewide working group will meet to begin building a unified, strong, sustainable effort around diversity and inclusion. Doing so will make New Hampshire more welcoming and attractive within our increasingly diverse nation and it will allow us to build a society reflective of diverse ways of being and thinking. It will also allow New Hampshire to continue to build and sustain its diverse economy and remain competitive regionally, nationally, and internationally.

Spotlight on New Hampshire’s Aerospace/Defense Industry at Farnborough International Airshow This Month

Tuesday, July 3rd, 2018

Nathaniel Nelson is an international trade officer with the Office of International Commerce and a member of the board of directors of the New Hampshire Aerospace and Defense Export Consortium. -ed.

New Hampshire’s high growth aerospace/defense industry will be highlighted next week at the Farnborough International Airshow and this is one of many activities this year aimed at helping hundreds of companies here continue to grow and get their products into global markets.

The state is sponsoring its first-ever booth at the show and the time is right to be in the spotlight. OIC and US Commercial Services staff, joined by a contingent of A&D businesses, is heading to England, ready to meet and mingle with some 1,500 exhibitors from 52 countries and thousands of people attending. At the last Farnborough Airshow, in 2016, $124 billion orders and commitments were placed, so there is good reason why it’s important for New Hampshire to be at this event.

The 4th annual New Hampshire Aerospace and Defense Conference was held in May, drawing industry leaders for the opportunity to hear from experts about issues and challenges.

According to the Aerospace Industries Association, New Hampshire has realized one of the largest percentages of growth in aerospace and defense exports. This comes as no surprise to the over 350 aerospace/defense companies in the state that employ 60,000 people.

Over the past few years, New Hampshire and its businesses have worked hard to grow the aerospace and defense industry and these efforts are paying off. In a recent post by Aerospace Manufacturing and Design, it noted “the Granite State is quickly becoming the industry’s Northeast hub” and is projected to see a 3.8 percent growth in employment over the next few years.

This has not happened by accident. Back in 2013, we created the New Hampshire Aerospace and Defense Export Consortium, with a mission to foster the most opportune foreign markets for its members. At the 5-year mark, it boasts nearly 100 members and is realizing significant growth.

That growth will continue. Earlier this year, OIC worked with NHADEC on a 5-year strategic plan that continues the membership growth trajectory and builds on services offered to members. As it rolls out, our aerospace and defense companies will have more opportunities to market products, increase sales, and have more networking opportunities around the world.

OIC is continuing its work with the US Department of Defense, Office of Economic Adjustment, on several federal grant projects, which are being used to help A&D businesses weather the impact of defense program budget changes. In New Hampshire, OIC has used these federal grants to help companies consider international markets where their products would be in demand. Accordingly, businesses have, for example, learned strategies to think about technology commercialization and were provided with the tools necessary to conduct thorough market research.

Further, OIC has worked with the five New England states to receive a joint grant of $1.5 million to create the New England Regional Defense Industry Collaboration. This organization will use grant funds to coordinate the growth of defense-related businesses across the six-state New England region.

The primary goals of the organization will be to aid businesses in meeting new cybersecurity requirements for businesses in the defense industry supply chain, as well as to create a trusted supplier network that will make it easier for large defense contractors to locate smaller suppliers that are able to meet their production, certification and process requirements.

These relationships will elevate the technological knowledge and sophistication of DoD small and medium-sized manufacturers, improving their competitiveness, ability to innovate, and overall value to the DoD. This is a tremendous opportunity for the region and will continue not only the region’s growth, but the state’s, as well.

This is a great time for the state’s aerospace and defense industry. Through efforts by the state and its partners, such as the U.S. Commercial Service and NHADEC, the industry is continuing to expand and grow. We’re excited for this growth and all that it means for the state and region.