Economic Development – Slark Consulting Group

Advancing Air Mobility: Springfield Hosts National AAM Industry Forum

AI/Tech, Business Development, Charts and Trends, Economic Development, Partnerships, Video / By Rick Slark

This week, Springfield, Ohio, plays a pivotal role in shaping the future of transportation by hosting the National Advanced Air Mobility (AAM) Industry Forum at Clark State College. This event brings together leaders from the aviation industry to discuss groundbreaking advancements that could transform how we travel and transport goods. Why This Matters: Advanced Air …

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Inflation, Innovation, and Insight: The New Rules for Ohio’s Restaurants

Business Development, Charts and Trends, Economic Development, Management, market research, Marketing, Sales & Service / By Rick Slark

Ohio’s restaurant industry is experiencing a notable resurgence. According to John Barker, president and CEO of the Ohio Restaurant & Hospitality Alliance, the state now boasts about 1,000 more restaurants than it did pre-pandemic, with the total number reaching approximately 25,000. This rebound began in late 2023, signaling a critical recovery phase for the sector. …

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Braving Economic Storms: Thriving Amidst Global and Local Pressures

Business Development, Charts and Trends, Economic Development, Manufacturing, Strategy / By Rick Slark

Introduction In the industrial heartland of Northeast Ohio, brothers Mike and Dave run a small but proud manufacturing business. Their company has been a cornerstone of the community for decades, producing high-quality steel components for various industries. However, in recent years, Mike and Dave have felt the squeeze from forces far beyond their control. Global …

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The Art of Simplification: Streamline Your Offerings to Drive Conversions

Business Development, Charts and Trends, Economic Development, Management, Marketing, Strategy / By Rick Slark

All of us have experienced the frustration of indecision. Like scrolling through countless movie options on our favorite streaming app without settling on anything? This example is a classic case of Hick’s Law at work. What is Hick’s Law? Hick’s Law, named after psychologist William E. Hick, explains that the time it takes for a …

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Boosting Small Business: How Local Governments Support Growth in Small Cities

Business Development, Economic Development, Leadership, Start-Up / By Rick Slark

This article is from our “Start-up Business Series.” Starting a new business in a small city can be both exciting and challenging. As a new business owner, you might wonder how local governments can support your journey and help your business grow. Here are some practical ways local governments can create, maintain, and accelerate small …

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Rick Slark of Slark Consulting Group: Ohio’s Go-To Expert For Business Strategy and Growth

Business Development, Economic Development, Speaking and Workshops, Strategy, Wisdom / By Rick Slark

Meet Rick Slark, the owner of Slark Consulting Group. Rick is a seasoned writer and blogger with a keen focus on small business success. As a featured speaker and thought leader, Rick brings valuable insights and expertise to help your business thrive. Follow his journey and gain practical advice tailored to your entrepreneurial needs. Connect …

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Meet Rick Slark

Business Development, Economic Development, GrowthWheel, Management, Professional Development, Speaker Series, Speaking and Workshops / By Rick Slark

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What Does the Rise of a New Economic Coalition Mean for the World?

Capital/Finances, Charts and Trends, Economic Development, Humanity, Partnerships / By Rick Slark

In 2001, a bold forecast from economist Jim O’Neill at Goldman Sachs set the stage for a shift in global economic power. He predicted four emerging markets—Brazil, Russia, India, and China—would dominate the world economy by 2050. This prediction materialized in the formation of the BRIC group, which later expanded to BRICS with the inclusion …

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Could Kellogg’s 1930s Workweek Revolutionize Today’s Workplace?

Charts and Trends, Economic Development, Humanity, Management, Mental Health, Time Management / By Rick Slark

In the early 20th century, amidst the economic strains of the Great Depression, W.K. Kellogg made a bold move at his Battle Creek plant: He introduced a six-hour workday, effectively creating a shorter workweek. This decision was rooted in his philosophy of “more for all and less for none,” which aimed to increase employment by …

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The Small Business Advantage: Leveraging a Holistic Approach for Comprehensive Growth

Business Development, Economic Development, GrowthWheel, Strategy / By Rick Slark

In the dynamic realm of small business, the key to sustained growth and success lies not in isolated strategies but in a comprehensive, holistic approach to business development. This method transcends traditional piecemeal tactics, integrating all facets of your business into a cohesive strategy. Let’s explore why adopting this holistic perspective is beneficial and essential …

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