Federal Reserve Bank of New York

When workforce development met entrepreneurism

By ROSALIE DRAGO // This has certainly been a busy year for workforce development – especially if you know what workforce development truly is. In 2019, in this space, we’ve discussed key tools for robust and impactful workforce development, including equitable and inclusive growth strategies; leveraging relationships between economic developers, employers and high-school educators; and evaluating the work-first and college-first paths. But we haven’t focused specifically on one of the most critical components of workforce…


For your best innovation ROI, look to the ‘regulars’

By ROSALIE DRAGO // From the technological advances of the Bronze Age to the evolution of Artificial Intelligence, innovation requires people. It follows then that the capital investment with the most innovation ROI is the investment in human capital. Businesses are eager to innovate, but more often than not this is approached with investments in departments or initiatives or a select cohort of innovation experts. Real innovation – the kind that enables us to sustain…